Bitcoin Miners Can Lower Power Bills Through Grid Integration
Bitcoin Miners Can Lower Power Bills Through Grid Integration
Power markets are beginning to recognize Bitcoin mining as a valuable grid service. By switching on and off, miners can help balance energy grids, particularly in regions with high renewable penetration, potentially leading to lower power bills and more efficient energy use.
Power markets are starting to price Bitcoin mining that can switch on and off as a grid service. Curtailment remains elevated in regions with high renewable penetration, and short scarcity bursts continue to set value for fast demand reduction, which creates room for load that soaks midday surplus and idles during tight hours.