On The Brink with Castle Island cover image

Blake King on How Grids can Accommodate Bitcoin Mining (EP.330)

On The Brink with Castle Island

CHAPTER

Is It Easier for Bioin to Retire?

It costs acosabiqon minor may be less, in terms of opportunity cost to dial down their consumption than it would cost a thermal generator spin up. The they're totally different divers business models here. Some combined cycle plants model in some % cap factor where if they're below that capacityor factor, they actually start to not make money any more and it makes sense for them to retire. And then you have things like pekers, which are like pretty much what you're saying. They're willing to sit idle 90% of the time because they can just fire up during he ten percent of their time and make their revenue targets.

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