Bitcoin as an Economic Battery

Date and Time:
Friday, August 30th, 2019, 1 PM – 2 PM
Type:
Class/Workshop
Located at Camp:
Location:
Earth Guardians

Description:

How Cryptocurrency Mining Can Fund and Revolutionize Renewable Energy Build-out - Despite massive government subsidies and a push towards renewable energy sources, every day, billions of watts of existing renewable energy are wasted across the United States and the globe by curtailment from the electric grid. This is due to the variable nature of wind and solar compared to high density “on demand” power sources from fossil fuels. Come learn how energy demanding crypto mining actually presents a unique and robust economic solution for wasted, curtailed and stranded renewables, allowing providers such as wind and solar farms to make money and fund additional build-out by purchasing the previously wasted energy. Presented by Jesse Phillips.