Bitcoin mining & demand response
Starting a new micro grid in Africa can be a problem. No one has electricity so there's no grid, there no grid because there's no power, there's no power because no one has electricity. Solar & Wind farm owners - No demand ? No problem, Bitcoin miners will pay you for your electricity until there's enough regular demand.
For how power grids actually work, check lancium.com & out Shaun Connell on Twitter on demand response.
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There is immense demand for reliable, clean, and affordable energy across Africa, yet mini-grid energy generators struggle for sustainability. Gridless works with renewable, rural, mini-grid energy generators to monetise the full capacity of their output as a buyer of last resort, as well as serving as an anchor tenant for new energy generation creation.
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