Paradigm Analysts: Misinterpretation of Mining’s Impact on Power Grids, 2026/02/17 12:42:25

Analysts from the investment firm Paradigm have stated that individuals lacking knowledge often perceive mining solely as a consumer of electricity, whereas it actually plays a role in the energy market by assisting in network balancing.

Currently, Bitcoin mining accounts for 0.23% of global electricity consumption and approximately 0.08% of worldwide carbon dioxide emissions. This indicates that mining does not impose an excessive burden on electrical grids and does not contribute to rising electricity prices, according to Paradigm specialists.

“Bitcoin mining should be viewed within the context of the entire electricity market, rather than through simplified comparisons of energy resources,” the investment analysts added.

Miners typically seek electricity at the lowest possible rates, often utilizing surplus energy or off-peak hours. This demonstrates their flexibility and ability to respond swiftly to real-time price fluctuations, the Paradigm experts explained.

According to them, mining encourages the advancement of renewable energy sources. By utilizing excess electricity from solar or wind farms, miners contribute to enhancing the economics of green generation and reducing energy losses.

Additionally, mining can serve as a stabilization mechanism for local grids, particularly in areas with irregular consumption patterns. During peak demand, mining farms can reduce their activity, alleviating pressure on infrastructure, while during surplus periods, they can increase consumption, thereby making the system more flexible and resilient, Paradigm representatives concluded.

Previously, experts from GoMinig stated that the Bitcoin network has evolved to the point where it has entered a “zetahash era” for the first time in history—however, the profitability of mining companies has, conversely, decreased.