This is called "Demand Response" and it's an important part of grid management. For example a factory will agree to decrease consumption when asked in exchange for lower rates.
Too much power is usually handled in the generation side by incentivize producers to scale back generation or even paying to have them take a plant offline.
For a bitcoin mining operation, I suspect it would not be profitable to have all that equipment sit idle except when there is an oversupply of electricity.
Too much power is usually handled in the generation side by incentivize producers to scale back generation or even paying to have them take a plant offline.
For a bitcoin mining operation, I suspect it would not be profitable to have all that equipment sit idle except when there is an oversupply of electricity.