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Sean McDonough argued that Bitcoin is "the ultimate flexible consumer of energy" in an EIF Speaker Series presentation reported by TheEnergyMag.
The framing turns the network's electricity appetite from a liability into a grid asset, positioning miners as demand that can ramp up or down on short notice — a capability most heavy industrial users cannot offer.
The Flexible-Load Thesis Bitcoin miners, unlike manufacturers running continuous processes, can curtail or resume operations almost immediately.
That feature is the core of the flexible-consumer argument: when renewable generation exceeds grid demand, miners can absorb the surplus; when supply tightens, they step back.
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