More miners are participating in energy sales or demand response programs as the bitcoin halving approaches, according to a mining consulting firm founder. Certain mining companies in Texas have used demand response programs to generate additional revenue, and this strategy is expected to continue as the mining space becomes more competitive. Some miners that produced less bitcoin made up for it by curtailing their mining operations. Miners are exploring different technologies and operational strategies to stay ahead in the race. Additionally, more firms in the mining space are selling a portion of their bitcoin to cover operational costs.
AI Sentiment: Neutral
