The practice, known as curtailment, is touted as a way for miners to help electricity grids. They miners’ steady demand that ensures power producers are bringing in revenue to offset costs, but can power off when demand from other sources is high, such as during winter storms.
Bitcoin (BTC) Price Decline Spurs Buying of Spot ETFs
As for price action, bitcoin has seen a very modest of bounce since tumbling from nearly $61,000 Wednesday to under...