The relationship between the proportion of long-term electricity procurement contracts by Bitcoin mining companies and cost stability is significant. Long-term contracts lock in prices, providing stability against market fluctuations. For example, a mining company with a significant portion of its electricity needs covered by long-term contracts is less affected by short-term price spikes. This stability is crucial for planning and maintaining consistent operational costs in the volatile cryptocurrency market.

Ever thought about how Bitcoin miners keep their costs stable? Long-term electricity contracts are the secret sauce! ⚡️🔒 