Canaan says data center power bill overlooks Bitcoin miners' grid flexibility
Bitget2026/10/15 23:49- The Ratepayer Protection Act could raise costs for large computing sites without crediting Bitcoin miners’ ability to reduce demand during peaks.
- The Senate stalled the bill on September 30 in a 57-43 procedural vote.
- The proposed standard would make computing sites drawing at least 100 MW pay full incremental grid upgrade costs and provide financial assurances.
- States would decide whether to adopt the standard, leaving commissions central to cost allocation and recognition of flexible demand.
- Duke University researchers estimated the US grid could absorb 126 GW of new load if users curtailed consumption 1% of the time.
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