US Bitcoin miners must prove grid support capabilities by next year

U.S. Bitcoin miners must demonstrate their ability to help stabilize local power grids by next year, CryptoSlate reported. The U.S. Energy Information Administration (EIA) forecasts that national electricity consumption will rise from 4,195 TWh in 2025 to 4,399 TWh in 2027. As a result, the outlet noted, mining companies will face increasing pressure to prove their flexible power operation capabilities, such as voluntarily reducing electricity use during periods of peak demand. Failure to do so could lead to contracts with higher electricity rates or unfavorable grid connection reviews after 2027.