Bitcoin mining provides the economic incentive for more grid capacity than is typically necessary, which allows for the potential for miners to shut down and sell electricity back to the grid when demand is unusually high. This is happening in Texas and Canada right now.
A great example of capitalism increasing the quality of life for humanity. Miners pay low prices when demand is low and get to make a solid profit when the grid is desperate for electricity.
If miners weren't there to be the buyer of first resort of that excess electricity it may not be produced in the first place and the grid would be in danger of experiencing a blackout.
Those who don’t want to allow this are anti-progress.
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