Unstable Green Power Grids: German ARD Television Tells Citizens To Start Getting Used To Blackouts!

Unstable Green Power Grids: German ARD Television Tells Citizens To Start Getting Used To Blackouts!:

Flagship ARD public television here broadcast a report on the state of the German power grid, which until about some 15 years ago was by far among the world’s most stable. But those days are now gone, thanks to volatile green energies.

The ARD report basically tells German citizens and industry that they need to prepare quickly for blackouts because the country’s power grid is as unstable as never before.

Just last week the power went out due to a winter North Sea storm which swept across a large part of Germany: 300,000 people lost power.

Outages leading to millions in losses

Read moreUnstable Green Power Grids: German ARD Television Tells Citizens To Start Getting Used To Blackouts!

This Cryptocurrency Mining Rig Can Also Heat Your Home

This Cryptocurrency Mining Rig Can Also Heat Your Home:

The intensifying energy consumption of the bitcoin network is becoming a concern for environmentalists who have begun to question whether digital currencies should be considered a socially responsible investment. As we pointed out last month, Digiconomist’s Bitcoin Energy Consumption Index stood at 29.05TWh.

That’s the equivalent of 0.13% of total global electricity consumption. While that may not sound like a lot, it means Bitcoin mining is now using more electricity than 159 individual countries, including Ireland and Nigeria.

As the share of the world’s electricity consumed by miners of bitcoin and other cryptocurrencies rises, miners will likely face pressure – both economic and social – to find efficiencies wherever they can.

In anticipation of this trend, a crypto startup called Comino is marketing a mining rig that also functions as a heater.

Read moreThis Cryptocurrency Mining Rig Can Also Heat Your Home

Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa

Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa:

Source: Power Compare

Bitcoin’s ongoing meteoric price rise has received the bulk of recent press attention with a lot of discussion around whether or not it’s a bubble waiting to burst.

However, most the coverage has missed out one of the more interesting and unintended consequences of this price increase. That is the surge in global electricity consumption used to “mine” more Bitcoins.

According to Digiconomist’s Bitcoin Energy Consumption Index, as of Monday November 20th, 2017 Bitcoin’s current estimated annual electricity consumption stands at 29.05TWh.

That’s the equivalent of 0.13% of total global electricity consumption. While that may not sound like a lot, it means Bitcoin mining is now using more electricity than 159 individual countries (as you can see from the map above). More than Ireland or Nigeria.

Read MOre…

H/t reader kevin a.

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The power grid is failing in Central America

The power grid is failing in Central America:

Earlier this month a massive power outage hit Central America, leaving millions of people without electricity for hours. The outage was caused by an overload in the Central American Transmission System in Panama.

Though it mostly affected people in Costa Rica and Panama, the outage also partially affected power in Nicaragua, El Salvador, Honduras, Guatemala, and Mexico. These countries all share the same electricity transmission line, which extends approximately 1,130 miles between Panama and Guatemala.

Read moreThe power grid is failing in Central America