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michael_nielsen's profile
michael_nielsen
michael_nielsen
michael_nielsen
@michael_nielsen

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michael_nielsen

@michael_nielsen

Searching for the numinous. Co-purveyor of https://quantum.country/ 

San Francisco, CA
michaelnielsen.org
Joined July 2008

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    1. michael_nielsen‏ @michael_nielsen Apr 8
      • Report Tweet

      Is it possible to have a climate-friendly variant of bitcoin where miners can only operate using negatively priced electricity (surplus from renewables)? They'd then mostly have the effect of making it more economic to increase the contribution of renewables to base load.

      13 replies 9 retweets 75 likes
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    2. michael_nielsen‏ @michael_nielsen Apr 8
      • Report Tweet

      I don't immediately see how to ensure that only negatively priced electricity (or, at minimum, renewable) could be used. There might be some clever authentication process possible, though...

      1 reply 0 retweets 5 likes
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    3. michael_nielsen‏ @michael_nielsen Apr 8
      • Report Tweet

      *"increase the contribution of renewables to the _grid_", not base load.

      3 replies 0 retweets 1 like
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    4. Nathan Taylor‏ @ntaylor963 Apr 8
      • Report Tweet
      Replying to @michael_nielsen

      realistically hard to segment bitcoin, but the basic idea of dynamic pricing for utilities based on load or time of day is economically sound https://en.wikipedia.org/wiki/Dynamic_pricing#Time-based_utility_pricing …pic.twitter.com/J5RdmqDT0B

      1 reply 0 retweets 0 likes
      michael_nielsen‏ @michael_nielsen Apr 8
      • Report Tweet
      Replying to @ntaylor963

      I mean a new cryptocurrency. Not bitcoin.

      7:55 PM - 8 Apr 2019
      • 2 Likes
      • CryptoMoney.live Nathan Taylor
      1 reply 0 retweets 2 likes
        1. Nathan Taylor‏ @ntaylor963 Apr 8
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          Replying to @michael_nielsen

          sorry. misread. Got it. interesting idea.

          0 replies 0 retweets 1 like
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