Except that’s not how utilities budget or build their infrastructure. If heavy usage is in a location that was built for typical residential use, then the income from that usage doesn’t afford the utility the ability to upgrade the potentially hundreds of miles of transmission lines that brought...

Income that otherwise wouldn’t be there. Price should play a major role in self regulation of the system. Bitcoin miners need very cheap prices to be profitable (I heard something like approx 5 cents/kWh). The unused and stranded energy makes it possible. They can also sell there services to...

I’d side with #[2]​ here. And I’m not saying any government should actually dictate how much energy bitcoin miners consume. The real point is that lots of energy has been used for bitcoin mining and so that process is not at all efficient. Let’s pretend we all stopped eating food, heati...

You completely missed the point of bitcoin mining. The energy expenditure is the main factor that keeps the network secure. ASICS get more efficient all the time and hashrate keeps going up because of it, but the thing that should be looked at is energy expenditure. That's the real cost of network ...