How Bitcoin Mining Strengthens Electricity Grids

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The House Hearing on Crypto’s Energy Use & Impact, held on January 20, 2022, was finally championed by a stellar protection of Bitcoin’s power use by Brian Brooks, with an particularly enlightening testimony from one John Belizaire, founding father of Soluna Computing. Belizaire and Brooks each laid out real-world examples of how Bitcoin mining is getting used in the present day to supply not solely versatile earnings for utility suppliers and power turbines, but additionally offering stability for mentioned networks. That is achieved by mining operators participating in agreements with these power suppliers to show off mining operations throughout occasions of excessive demand. I lined these factors again in April of 2021 with my debut at Bitcoin Journal here.



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