To ease load on aging grid, state program offers energy credits to bitcoin miners to curtail their power consumption.

  • jonne
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    1 year ago

    Yeah, a compensation plan should basically compensate a user for their fixed costs involved in shutting down (wages, etc), and not things like opportunity cost (the products you would’ve otherwise been able to produce and sell).

    Thing is, you can’t tailor different rates per customer, so a crypto miner is probably always going to be ahead, because they basically have no running costs besides electricity. The only other cost is basically the cost of acquiring the ASICs and having a security guard on site.

    • Rivalarrival@lemmy.today
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      1 year ago

      You certainly can establish different rate plans for your customers to choose from. You don’t need a fixed cost per kWh. You could offer discounts for off-peak consumption, and surcharges for on-peak. You could establish reliability tiers, where you get a discount in exchange for being ready to shut down consumption when needed. The lower the tier you select, the cheaper your power, but the more you have to shut down.