On The Brink with Castle Island cover image

Ray Cline and Shaun Connell (Lancium) on Stabilizing the Grid with Bitcoin Mining (EP.254)

On The Brink with Castle Island

00:00

The Cap X Per Megwat Is Zero, Right?

Biccoin mining is like a refinery that refines electricity into hashes and then monotizes that electricity through ether net. The economics work on this because the cap x per megwat is so low, and that you're getting a higher return. You now no longer ata that wind farm turning off line when prices are negative. They keep on turning, and they push that powerto like the bicoin mining facility to build up more wind farms.

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