CEO of Hiveon Energy on mining’s future and power for Bitcoin News

Bitcoin mining, power grids, and the future of energy — what’s next?

Andrii Garanin, CEO of Hiveon Energy, sat down with Bitcoin News to discuss Hiveon’s journey from a software startup to the largest mining ecosystem worldwide — and where the industry is headed.

How Bitcoin mining helps balance grids, integrate renewables, and optimize energy markets — this and more in the full article.

Read the full conversation on Bitcoin News

“Early on we realized that mining data centers can be used quite well for grid balancing,” Garanin explains. “Miners can ramp up consumption when it’s necessary or curtail it almost instantaneously,” Garanin points out. “It’s a great tool for frequency regulation, helping stabilize the grid.”
— Andrii Garanin, CEO of Hiveon Energy

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