Except thatās not how utilities budget or build their infrastructure. If heavy usage is in a location that was built for typical residential use, then the income from that usage doesnāt afford the utility the ability to upgrade the potentially hundreds of miles of transmission lines that brought the electricity to that spot. The electrical usage needs to be in the proper PLACE in the network, not all locations are built equally. Thatās why there are wooden poles with one wire some spots, others with three, others larger and steel with 3 thicker wires, others with 6 thicker wires. Electrical transmission is both complicated and expensive business, one that is hardly ready or designed for bitcoin.
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Then the utilities are under-charging for electricity.
I donāt think you understand my point, it isnāt about the price of electricity, itās about how electricity is transmitted to the end use point.
If everyone runs a miner at their residential address, that does an end around on the price of transmission lines. Typically heavy electrical users must pay for a transmission line that is adequate for their use case.
I am getting it. But my point is if miners are over-taxing transmission lines, then that's on the utility to address with fees and rules.
They already have the rules. which is why miners are not the same as every other user, they are a high electric user customers. And there are rules about where those customers are allowed to be located(mostly āindustrialā areas), how much they will pay, etc.