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 Economics of Bicoin Mining

The price of energy would have to be really, really high to get miners to turn it off. People kewel, why would miners ever turn off their equipment? Why would they, you know, do this altruistic function for the grad but in fact, it's not altruistic. It's sort of just plain old economic. So so tell us a little bit about how the economics work in terms of ao qualifying as a sl are and agreeing to sort of trip off your equipment.

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