Read_649 - The Continual Power of Intermittent Mining [Zack Voell]

Sep 3 2022 • 27m 5s

Show Notes

"Many aspects of the Bitcoin mining industry are poorly understood and often misrepresented. But one practice in this sector stands apart for the misunderstandings and under-appreciation that surround it: intermittent mining." - Zack Voell

One of the most under appreciated aspects of Bitcoin mining is its ability to be interrupted. As a buyer of last resort for energy that is curtailed or produced when it can't be consumed, and also able to turn off without losing its purchaser (i.e. the Bitcoin network), Bitcoin mining becomes a tool to arbitrage production times and smooth energy demand across the peaks and troughs around both production and consumption. Zack Voell brings an excellent short article with BitcoinMagazine that breaks down how!

Check out the article plus links to lots of other discussion and related works at the link below:
https://bitcoinmagazine.com/business/intermittent-bitcoin-mining-fixes-energy

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