Will power producers soon FOMO into bitcoin mining?

Miners refine electricity into bitcoin and earn a massive spread doing it. How long will the energy industry sit on the sideline watching their bitcoin mining customers get rich before deciding to join the fun?
Source: Hashrate Index, Bitooda

Bitooda estimates the median power price in the bitcoin mining industry to be $40 per MWh. Per MWh deployed, a miner can mine bitcoin worth $230, corresponding to a cash flow of $190. Power producers generally sell their electricity in the wholesale market for much less than the $230 they could have earned by mining bitcoin.

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