New paper on Bitcoin mining finds that Bitcoin mining operations are extremely flexible loads that supports renewable-led decarbonization by absorbing excess renewable generation
The authors found that operations can curtail demand almost immediately, participate in demand response programs, and provide ancillary services which directly enhances grid stability while enabling higher renewable energy integration
Read that last para again, and compare it to what most people still believe about Bitcoin mining.
The asymmetry between what we now know about Bitcoin mining, and the actions of policymakers and regulators is simply enormous.
Source: https://www.sciencedirect.com/science/article/pii/S2590174525005458
Energy, Economic and Environmental Impacts of Cryptocurrency Mining: A Review (Jafari et al. 2026)
Journal: Energy Conversion and Management: X
Impact Factor 7.6 (top 4% of all journals worldwide)
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