A recent analysis by researcher Daniel Batten highlights an intriguing angle: Bitcoin mining can actually help stabilize power grids through flexible demand mechanisms and grid regulation services. The data paints an interesting picture across different regions.
Take Texas as a case study. Residential electricity costs climbed 23.8% between 2021 and 2024—that's roughly 7% after adjusting for inflation. Compare that to the national average of 24.67% over the same period. The numbers suggest regional variations in how energy infrastructure costs are playing out.
Meanwhile, in Norway, electricity prices surged around 20% following increased mining activity in the region. Kenya's grid dynamics tell yet another story. These examples underscore a broader tension: while Bitcoin mining demands significant energy resources, the flexible load characteristics of mining operations could theoretically provide grid operators with new tools for demand management during peak hours. Whether that benefit outweighs the raw consumption remains hotly debated in energy policy circles.
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SudoRm-RfWallet/
· 01-08 21:14
Isn't this just starting to throw around data to fool people again? Mining stable power grid? How does Texas electricity price increase of 23.8% mean stability...
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LightningPacketLoss
· 01-06 05:25
Mining stable power grid? Bro, I need to think about this logic...
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Another bunch of data comparisons, but this set of arguments always sounds a bit far-fetched.
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Texas electricity prices are rising so sharply, anyway regular users can't get any discounts, it's all miners making the money.
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So basically, mining consumes energy—that's a fact. Whether it stabilizes the power grid is just a theory? I don't buy it.
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That 20% increase in Norway, what do the locals think? Does anyone care?
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Flex demand sounds pretty professional, but I've never seen this "theory" actually implemented.
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It feels like this explanation is just to whitewash mining; no matter what, it can be spun to fit.
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AirdropHunter
· 01-06 01:42
Mining stable power grid? Sounds pretty mysterious... but it really depends on how it's actually implemented.
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NestedFox
· 01-06 01:38
This explanation sounds good, but it still feels like it's "whitewashing" mining... With Texas electricity prices rising so sharply, is it really the miner's fault?
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LucidSleepwalker
· 01-06 01:34
Haha, it feels like just another set of talking points. The narrative that miners are saving the power grid is really becoming more and more absurd.
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RunWhenCut
· 01-06 01:27
Here we go again, whitewashing mining? Give me a break, Texas electricity rates have increased by 23.8%, and frankly, it's all because of mining.
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AirdropCollector
· 01-06 01:17
Mining stable power grid? Listen, listen, I’m a bit confused by this argument... Texas electricity rates have increased by 23.8%, yet they still talk about benefits. Isn’t this a case of switching concepts?
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ConfusedWhale
· 01-06 01:13
Can mining stabilize the power grid? It sounds impressive, but when you do the math, it's still just burning electricity—nothing different.
A recent analysis by researcher Daniel Batten highlights an intriguing angle: Bitcoin mining can actually help stabilize power grids through flexible demand mechanisms and grid regulation services. The data paints an interesting picture across different regions.
Take Texas as a case study. Residential electricity costs climbed 23.8% between 2021 and 2024—that's roughly 7% after adjusting for inflation. Compare that to the national average of 24.67% over the same period. The numbers suggest regional variations in how energy infrastructure costs are playing out.
Meanwhile, in Norway, electricity prices surged around 20% following increased mining activity in the region. Kenya's grid dynamics tell yet another story. These examples underscore a broader tension: while Bitcoin mining demands significant energy resources, the flexible load characteristics of mining operations could theoretically provide grid operators with new tools for demand management during peak hours. Whether that benefit outweighs the raw consumption remains hotly debated in energy policy circles.