Electricity supply is finite - limited by generated capacity.
With the advent of smart metering the energy companies will move to a model that charges based on demand. Look at Texas earlier this month where people have received huge electricity bills:
www.npr.org/2021/02/22/970074424/why-some-texas-residents-now-face-huge-electricity-bills
In the UK, we operate a model that has little spare capacity at peak times. To provide for future consumption, the Govt are allowing nuclear power stations to be built with a guaranteed fee per kwh which at the time of signing was twice the price available on the wholesale market. The consumer will have to pay for this.
Rather than fixed ratios between income and costs, there are clear step changes, when new power stations or alternatives are needed. The current structure of the UK market means that the UK consumer will pay for the new capacity through their bills and bitcoin mining in the UK will result in that threshold being reached sooner.
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