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

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

FromBitcoin Audible


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

FromBitcoin Audible

ratings:
Length:
27 minutes
Released:
Sep 3, 2022
Format:
Podcast episode

Description

"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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Released:
Sep 3, 2022
Format:
Podcast episode

Titles in the series (100)

The Best in Bitcoin made Audible. Guy Swann makes the knowledge of Bitcoin, the world's most secure, independent money, accessible to everyone. Exploring Bitcoin from an investment perspective, economic analysis, its philosophical foundations, & technological primitives. Reading and distilling thousands of hours of others' works on Bitcoin, Guy explains everything you need to know.