QTR’s Fringe Finance • 13 implied HN points • 07 Mar 24
- Bitcoin mining helps stabilize volatile green energy by absorbing excess electricity and supporting electricity grids.
- Having Bitcoin miners as 'consumers of last resort' can efficiently use excess power and reduce wasteful overbuilt capacity costs.
- Bitcoin miners bring economic benefits and sustainability to electricity grids by incentivizing additional generation and offering a win-win situation for all involved parties.