As margins continue to compress, miners will have to look at how they can participate in “demand response programs,” meaning selling power back to the grid in times of high demand, as well as recapturing heat from mining rigs and using stranded energy, Bulovic said. “Miners who have a real grasp on the processes, policies, regulations and technical know-how of these adjacent industries will gain an edge over the other miners,” he said.
BTC Stabilizes Around $58K Following Yesterday’s Rout
Bitcoin stabilized around the $58,000 mark after the U.S. Federal Reserve kept the benchmark interest rate unchanged on Wednesday. Chair...