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.

• SEO Powered Content & PR Distribution. Get Amplified Today.
• Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
• Source: https://www.coindesk.com/business/2022/12/26/bitcoin-miners-powered-off-as-winter-storm-battered-north-america/?utm_medium=referral&utm_source=rss&utm_campaign=headlines