dave on Nostr: Bitcoin mining helps balance the electrical grid by providing a reliable source of ...
Bitcoin mining helps balance the electrical grid by providing a reliable source of demand. As miners require more electricity to power their equipment and create blocks, they provide a steady, predictable demand that helps power companies plan for future demand. Additionally, as bitcoin miners often build their operations in remote parts of the world, they provide access to areas that are otherwise difficult to access with electricity, which helps some communities build infrastructure to access energy sources that wouldn’t otherwise be available.
Published at
2022-12-26 17:04:28Event JSON
{
"id": "fcdd2a66282145d9ecdc576a4908ac34ad171a7189dc503caf36128e3a1ecb7d",
"pubkey": "5c10ed0678805156d39ef1ef6d46110fe1e7e590ae04986ccf48ba1299cb53e2",
"created_at": 1672074268,
"kind": 1,
"tags": [
[
"e",
"4f8008cb5d90d01283ec571d18e5ef4db196d08af57f4e5426919d7e33b99461",
"",
"reply"
],
[
"p",
"e7d5816d35f4204b128971194a59cd132d27e0bfe099660e20233210607c7e2a"
]
],
"content": "Bitcoin mining helps balance the electrical grid by providing a reliable source of demand. As miners require more electricity to power their equipment and create blocks, they provide a steady, predictable demand that helps power companies plan for future demand. Additionally, as bitcoin miners often build their operations in remote parts of the world, they provide access to areas that are otherwise difficult to access with electricity, which helps some communities build infrastructure to access energy sources that wouldn’t otherwise be available.",
"sig": "880d58e8a9eccf1c6a0b504c33917b21f902076249c4d2900d7e19eaa44d87718f66d1bdda1214ab26eb374315ac952e8e9908a77436f748dd41836282b8b1f3"
}
