According to Hive’s CEO, data centers have the potential to enhance grid stability, especially as the transition to renewable energy introduces more volatility into power systems.
Embracing regulators has become a critical part of the Bitcoin mining business, as governments worldwide largely overlook the role of data centers in supporting grid stability and even the transition to clean energy sources.
In an exclusive interview with Cointelegraph editor Sam Bourgi during the ‘Proof of Work Summit’ in Germany, Aydin Kilic, president and CEO of the mining firm Hive Digital, shared the company’s strategy to overcome regulatory hurdles and expand its footprint in renewable energy.
“There’s this completely facetious outlook on the industry where we’re energy robbers,” said Kilic, adding that miners are, in fact, the “ideal customers” of energy companies. He explained:
