Bitcoin Mining Is Reshaping the Energy Sector and No One Is Talking About It

Bitcoin Mining Is Reshaping the Energy Sector and No One Is Talking About It


Lastly, and perhaps most importantly, a new feature of bitcoin mining has begun to gain traction, to the benefit of power grid operators. Bitcoin miners represent “interruptible load,” which means that they can deal with power outages without suffering adverse impacts to their business. Of course, they prefer to have power all of the time, but nothing catastrophic happens when they lose power, unlike other industrial consumers such as hospitals, high-end data centers, factories and smelters.

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