Comment Re: Lies or loss (Score 1) 66
25c is the retail cost when there is demand, when there is no demand, the energy company has to do âoesomethingâ so the geothermal plant doesnâ(TM)t blow up.
But the fact they can pay for the âoeunusedâ energy means they can lower the price elsewhere. Even if it is 5c which is well under the break even point for crypto mining, that is money they can use to offset the cost, thereby providing more people with energy which drives down cost etc.