https://t.co/yung3Mt327
In the BMC Q3 Livestream today, the CEO of $MARA said several of the largest utilities in North America have teams researching #bitcoin mining and co-location.
In other words, on-site bitcoin mining as a utility load balancer and profit
https://t.co/yung3Mt327
Demand fluctuates too.
During times when power supply exceeds demand, utilities need a way to profitably use that power, or they waste it. Enter co-located bitcoin mining.
This strengthens the grid and makes always-on power sources more cost-effective, in lieu of efficient utility-scale battery storage.
This is already happening with flare gas and will increasingly happen with utility power providers.
https://t.co/onZQHbLOrr