Bitcoin

The announcement reflects a broader trend of governments addressing energy affordability amid high electricity prices. For crypto, energy costs are a key input for mining operations, and any policy that alters energy pricing dynamics could indirectly affect mining profitability and network security. However, the scale here is too small to have a measurable impact on global hashrate or crypto markets.

Households living within 1,600ft of upgraded pylons will get £250 a year off their electricity bills.