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Bitcoin mining can be a prevention of power outage in Spain: expert

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While researchers wandered around a series of events that covered large areas of Spain, Portugal and parts of southern France to the dark earlier this week, a prominent figure in the Bitcoin mining sector argued that the catastrophe was “very unlikely” to reveal if the Iberian network was equipped with a large process of rapid distillation operations.

Daniel Patten, a consultant member of the Digitter Holdengs Marathon (NASDAQ: MARA) and co -founder of C4 Capital, Use X to cash What he called the “partial” nature of the transmission of renewable energy in Europe. Batten published a generation shot in the actual time captured at 12:30 pm local time, just five minutes before a consecutive failure, the network shows “running with a transmitted spinning generation”, the rotating mass of thermal or nuclear turbines that provide traditional stability in palaces and frequency.

Bitcoin mining may carry the key

“Was the deployment of bitcoin mining on a large scale from the power outage in Spain/Portugal?” He asked. Short answer: “Yes” [provide it]Make the network more fragile if you do not have a way to load balance very quickly if the power outage is out. “

Bitcoin miners are alleged specifically this controlled pregnancy. In Texas, which recorded the Ercot wind penetration and control of 76 % on spring day, network operators can reduce about 3 GB of mining demand in “under” second “. Batten wrote, “This ability[s] Frequency instead of spinning reserves, “allow Ercot to ride by a sudden mismatch that would lead to the same automatic protection that the Iber network collapsed.

“What happened in Spain and Portugal is not a risk of renewable energy sources,” Batten said. “This is what happens when renewable energy is partially transmitted, without looking at the loading budget … We have solutions directly under our noses, to start using them.”

Attract the posten Post again from each other. “The longest short answer is: we do not know. But that would have helped the network by behaving like a flexible pregnancy.” Patten accepted the cognitive caution while preserving its thesis: “It is true, the only way in which you can know something with certainty is if this happens. On an equal footing, there is good evidence to say that the event is unlikely … given that the root cause … was the lack of spinning at that time.”

The Spanish and Portuguese authorities have so far been darkened to a “great energy imbalance” that led to an automatic closure designed to protect critical equipment. They excluded the cybersecurity license, focusing on technical failure somewhere in the interlocutor of the Iberian Peninsula. The full service has been restored overnight, but the accident has sparked a discussion about the speedy transmission of the backup and the advanced response to the request as Europe approaches the goals of renewable energy for 2030.

Batten insists that bitcoin mining should be part of this set of tools, along with the batteries. It indicates that the mining infrastructure is “normative and low -cost for publication” and can reduce the retail tariff by absorbing the excess generation that can be reduced at the expense of the network operator. He adds that the batteries are “part of the solution as well”, but they serve a different place because they provide energy, while miners absorb them mainly on a braid.

At the time of the press, BTC was traded at $ 94,503.

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