Realistically, miners aren’t going to turn the equipment off as long as the ROI is positive, however narrowly. When it the ROI becomes too small to mine, they’l

Realistically, miners aren’t going to turn the equipment off as long as the ROI is positive, however narrowly. When it the ROI becomes too small to mine, they’ll sell the equipment to someone else who can run it cheaper. The mining equipment is also diffusing into the hands of people who don’t pay their own energy bills. I’m part of an IT forum where network admins are constantly sharing stories about employees trying to hide mining equipment in the office to use the free power and cooling for pure profit. Similar situation in school dorms. The idea of miners turning these things on only during rare times of excess grid capacity is a myth. They’re running 24/7 and they’re consuming energy that would otherwise be sent to the grid to offset fossil fuel consumption elsewhere.