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

The CEO of $MARA also said he believes that power companies will likely become some of the largest bitcoin miners/hosters over time. I think that's true (in addition to a healthy amount of off-grid miners).
https://t.co/yung3Mt327
There are always-on sources of power like nuclear, hydro, geo, and then variable power like solar/wind.

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.
Bitcoin miners, unlike most other electricity consumers, can co-locate at power generators, and can easily shut off if demand reaches supply.

This strengthens the grid and makes always-on power sources more cost-effective, in lieu of efficient utility-scale battery storage.
The reason to do it on-site of the source of power generation is that it eliminates transmission loss and duplicate security for btc miners. A profitable on-site load balancer.

This is already happening with flare gas and will increasingly happen with utility power providers.
I described this in my bitcoin energy article, and I was interested to hear further confirmation today that it's increasingly being looked at by large-scale utilities.
https://t.co/onZQHbLOrr

More from All

Margatha Natarajar murthi - Uthirakosamangai temple near Ramanathapuram,TN
#ArudraDarisanam
Unique Natarajar made of emerlad is abt 6 feet tall.
It is always covered with sandal paste.Only on Thriuvadhirai Star in month Margazhi-Nataraja can be worshipped without sandal paste.


After removing the sandal paste,day long rituals & various abhishekam will be
https://t.co/e1Ye8DrNWb day Maragatha Nataraja sannandhi will be closed after anointing the murthi with fresh sandal paste.Maragatha Natarajar is covered with sandal paste throughout the year


as Emerald has scientific property of its molecules getting disturbed when exposed to light/water/sound.This is an ancient Shiva temple considered to be 3000 years old -believed to be where Bhagwan Shiva gave Veda gyaana to Parvati Devi.This temple has some stunning sculptures.

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