Crypto mining company might provide a useful channel for risk management in the electric power industry
According to The National Bureau of Economic Research (NBER), ownership of a crypto mining company might provide a useful channel for risk management in the electric power industry.
According to the report, miners can provide a means of hedging against fluctuations in electricity prices. Furthermore, mining companies can act as a demand-side management tool for the grid, helping to moderate supply and demand fluctuations.