To ease load on aging grid, state program offers energy credits to bitcoin miners to curtail their power consumption.

  • @exohuman
    link
    310 months ago

    Agreed. This is a good solution for the wasteful energy usage of the miners. I don’t see how they arrived at paying them not to use the grid. Does literally any private citizen get paid not to use large amounts of electricity?

    • @[email protected]
      link
      fedilink
      310 months ago

      Certain large industrial customers might get paid to voluntarily shed loads as part of a service level agreement, but those agreements should include rates structured to make mining unprofitable.