How Does the Concept of “Stranded Energy” Relate to Mining Locations?
Stranded energy refers to energy sources, often renewable like hydro or wind, that are geographically isolated and cannot be economically transported to a major power grid. Crypto mining operations are highly mobile and can be set up directly at the source of this cheap, stranded energy.
This symbiotic relationship provides a revenue stream for the otherwise unusable power and offers the miner the lowest possible electricity cost, which is crucial for profitability.