Bitcoin mining incentivizes the plentiful production of cheap electricity. This will make it so that there are no such thing as power shortages in the future and push us towards a Type I civilization on the Kardashev scale.
Bitcoin mining reduces the risk for energy generation projects, because they no longer need to worry about who will purchase the extra capacity.
Bitcoin mining can act as a load-balancer for the grid – spin down some machines if there is high demand, spin up machines if there is low demand.
There are so many benefits. It is unfortunate that there is a serious lack of understanding on this website.
Bitcoin mining reduces the risk for energy generation projects, because they no longer need to worry about who will purchase the extra capacity.
Bitcoin mining can act as a load-balancer for the grid – spin down some machines if there is high demand, spin up machines if there is low demand.
There are so many benefits. It is unfortunate that there is a serious lack of understanding on this website.