In this paper we explore new ways to study the zero temperature limit of
quantum statistical mechanics using Quantum Monte Carlo simulations. We develop
a Quantum Monte Carlo method in which one fixes the ground state energy as a
parameter. The Hamiltonians we consider are of the form H=H0+λV
with ground state energy E. For fixed H0 and V, one can view E as a
function of λ whereas we view λ as a function of E. We fix E
and define a path integral Quantum Monte Carlo method in which a path makes no
reference to the times (discrete or continuous) at which transitions occur
between states. For fixed E we can determine λ(E) and other ground
state properties of H