**Cryptocurrency News**

Bitcoin miners are looking to minimize costs due to stress testing every four years. They use two strategies: connecting to the grid and co-locating with power generators.

Connecting to the grid allows large miners to receive cheaper electricity rates and participate in Demand Response services.

Co-locating with power generators allows miners to use excess energy and receive renewable energy certificates (RECs).

Bitcoin hashrate is becoming a unique commodity with investment potential. It offers opportunities to participate in mining without owning the equipment and allows you to hedge price fluctuations.

Understanding the price-to-value ratio of hashrate is important for mining profitability. The difference between the two affects miners' ability to raise capital and manage risk.