Global Feed Post Login
Replying to Avatar Z2theach

Really enjoyed this article. One question, other than demand signals, what is the incentive for bitcoin miners to turn off during high demand? Is it simply the risk they themselves would cause blackouts, and the result would be the same as just turning off? Or do energy costs temporarily spike and it’s a simple profitability calculation?

Avatar
nicnym 2y ago

Hourly wholesale energy prices with projections. It’s pure free market economics

Reply to this note

Please Login to reply.

Discussion

No replies yet.