Comment by tenuousemphasis

Bitcoin mining is actually a really interesting use case as induced demand for a nuclear reactor which cannot easily lower its output beyond a certain threshold. Currently, fossil fuel plants are spun up and shut down to match demand for electricity, if our grid was entirely solar, wind, and nuclear, supply cannot be regulated, but by turning bitcoin miners on and off, you can regulate demand. There are other ways too, of course, such as grid connected EV chargers, but the nice thing about bitcoin mining is that the utility company can operate it themselves and use the revenue from mining to subsidize the construction and operation of the nuclear plant.