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

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Why Would a Wind Farm Want to Do This?

A wind farm only has one customer who's capable of buying all their productiond so that customer is the grid. In areas where there is really high wind speed, such as in ercot and te they receive about 50 % hair cut on their energy versus what the value of a fixed block of power would be. So you can think about t like how, and this model is, ah, it's bit coin a, becoming a the premium customer to to win farms around the world.

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