PANews, November 29 news, according to Matthew Sigel, Head of Digital Asset Research at VanEck, the Australian financial giant Macquarie, which manages assets worth 870 billion dollars, states that Bitcoin mining helps support the stability of the local power grid. Macquarie pointed out that by flexibly adjusting power demand, Bitcoin mining can absorb excess electricity when grid pressure is low and reduce electricity consumption during peak periods, thereby optimizing energy use and supporting the integration of renewable energy.
