Bitcoin miners are increasingly playing a crucial role in stabilizing power grids, according to independent journalist and Bitcoin investigator Joe Nakamoto. Contrary to the common perception of Bitcoin mining as merely energy-intensive, Nakamoto's research in Finland reveals that miners generate income not only from mining but also from selling heat and balancing energy markets. As Finland expands its renewable energy sources like wind power, which is highly variable, Bitcoin mining operations, with their ability to quickly adjust loads, have become vital tools for enhancing grid stability.
Bitcoin Miners Aid Grid Stability Amid Renewable Energy Expansion
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