Stranded Energy
Stranded energy refers to energy production that cannot be easily transported to consumers due to lack of infrastructure or remote location. Examples include remote hydroelectric dams or excess gas at oil drilling sites.
Cryptocurrency miners can deploy mobile, modular units to these locations to monetize this energy. This provides a profitable outlet for energy producers while lowering the cost of production for the miners.
It is an example of market efficiency where technology solves a logistical problem. This integration benefits both the energy sector and the blockchain industry.