When we think of the need for more electricity to meet a weather-related surge in demand, we think more generation of power. However, entities like Bitcoin, which is a huge electricity consumer, can also curtail enough operations to put more power back into the grid.
Joakim Book
Joakim Book is a writer and professional editor, and is the Managing Editor for Bitcoin Magazine Print. He was the book editor for, among others, Lyn Alden’s Broken Money, Aaron van Wirdum’s The Genesis Book, and Nik Bhatia’s Bitcoin Age. He holds degrees in economics and financial history from the University of Glasgow and University of Oxford, and was a Mises summer fellow in 2017. His main research interests are monetary economics and the history of central banks, and he writes regularly on those topics for AIER’s The Daily Economy.