In many cases this is incorrect. Bitcoin's mining network is the first global energy market that unlocks stranded energy (energy produced too remotely to be profitably inserted into any grid) and brings its value to society.
Natural gas producers are TODAY starting up miners to burn excess gas that would otherwise be flared. The concept has been productized - https://www.upstreamdata.ca/ - and is live.
Natural gas producers are TODAY starting up miners to burn excess gas that would otherwise be flared. The concept has been productized - https://www.upstreamdata.ca/ - and is live.