Bit coin

After reading a Sierra Club email blast about them using AES Greenridge🏭 in the Finger Lakes to generate power for bitcoin making πŸ’° I did some Googling. Seems like kind of a silly waste of fossil energy ⚑ especially in light of the fact that most bitcoin is being used for criminal purposes.

If I understand how it works, basically the plant operates close to full output but holds back 15 MW of power to sell to the bit coin miners. πŸ”Œ Then in times of heavy demand for power, the power plant shuts off the bitcoin mining operations quickly and sells the power to the grid at top dollar. πŸ’΅ It’s more efficient and less wear to operate the plant at a constant speed rather than powering up and down when the extra energy is needed.