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U.S. Utility Mines Bitcoin To Balance Electricity Supply

Ameren Missouri, the biggest utility within the state that serves 1.2 million prospects, started experimenting with bitcoin mining in April to handle variability on the grid, reported E&E News. The firm plugs the bitcoin mining rigs when electrical energy is low cost and demand is low in its place to ramping up its energy crops up and down to match demand.

“We have pretty dramatic changes in load minute by minute, second by second at times,” stated Warren Wood, the utility’s vice chairman of regulatory and legislative affairs, per the report. “We need something that’s really got quick, ramping up and down capability to be a really effective tool for grid balancing.”

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