Falling Knife on Nostr: #Bitcoin miners enable small electrical utilites to extend their grids deeper into ...

#Bitcoin miners enable small electrical utilites to extend their grids deeper into rural communities. High costs and initially low usage by new customers have been barriers to extending grids. Bitcoin mining subsidizes grid extension. As users buy appliances and need electricity, the miners lower their consumption. Bitcoin miners are often the buyer of last resort, freeing stranded energy resouces.

https://www.coindesk.com/video/how-gridless-uses-bitcoin-mining-to-power-rural-africa/