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Not necessarily. You're assuming that every watt of off-grid power is just a watt of grid power that would have otherwise been used.
Grid and off-grid are not perfect substitutes. Maybe they are close in Germany (I have no idea). But broadly speaking, not.
Industrial sites (bitcoin mines included) are often built near a power plant. They might even establish their own energy source that isn't grid connected.
Industrial sites (bitcoin mines included) are often built near a power plant. They might even establish their own energy source that isn't grid connected.
I agree with that part! And to take an extreme case, there are life differences of off grid power in Africa! I just think in Europe it does not make a whole lot of difference.
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