Another good slide (Slide #19):

On-grid vs. Off-grid | Cathedra Contracted Hash Rate

![Cathedra - On-grid vs. Off-grid](https://i.imgur.com/cqOMHjJ.png)
[[Larger image](https://i.imgur.com/cqOMHjJ.png)]

BTCMiner

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Bitcoin Mining is Eating the Energy Sector

Bitcoin mining is a “permissionless energy sink,” allowing anyone, anywhere, at any time, to convert electricity into money

In the coming decades, bitcoin mining will completely saturate the energy sector

bitcoin

Bitcoin Mining is Eating the Energy Sector |  Cathedra Bitcoin

The text from that slide (slide #10):

> **Bitcoin Mining is Eating the Energy Sector**
> 
> Bitcoin mining is a “permissionless energy sink,” allowing anyone, anywhere, at any time, to convert electricity into money
>
> - Bitcoin mining will cause a general decline in the price of energy
> - Bitcoin mining serves as a perfect dispatchable load, helping to stabilize electrical grids
> - As a “buyer of last resort,” bitcoin mining monetizes stranded, wasted, and non-rival energy
> - Bitcoin mining can provide stable, predictable demand for electricity from new developments
>
> In the coming decades, bitcoin mining will completely saturate the energy sector