How much of Bitcoin Revenue is Grid Related?

What is happening? 2% to 10% of a cryptomining revenue is from grid services and demand flexibility

Why is this important? Texas is being heralded as the new epicenter of cryptomining

How will this be important? In 5 years the electric load for crypto mining will reach 10,000MW. “Those bullish on Bitcoin say energy demand could triple or quadruple in the coming years.”

Utility Dive | Bitcoin mining as a grid resource? ‘It’s complicated.’