If you mess with the energy markets, society will mess with you

Interesting to say the least. And on the point about drawdown percentages %% the price seems to always bottom out when its distressing the inefficient miners and hashrate is coming offline. For scaled miners they have a two-way arbitrage at these distressed levels and become natural buyers ON: Bid Energy, produce, Ask Finance {%RECENT_POSTS%}gt;₿ OFF Ask Energy, curtail, Bid Finance {%RECENT_POSTS%}gt;₿ If you can buy BTC at the same rate the farmer produces it, its a steal! BTC/kWh is ~ $50/60k per BTC at the moment

This topic is special to me and deserves a whole book! ;) https://www.youtube.com/watch?v=2hk5hI7fe_8

https://youtu.be/52KnLb5z8yo?si=ANhUS8DVPwYKzate Something to watch!

Grid Stability! An important function that bitcoin mining is continually offering at scale. A balanced grid is that of equilibrium between the supply and demand of electricity. ⚡️📉 When the grid is in LOW demand, $📉 The price of electricity drops, For Bitcoin Miners this means a wider profit margin so they can potentially “overclock” their ASIC’s to earn more revenue by producing more hashpower to produce more bitcoin. ⚡️📈 When the grid is in HIGH demand $📈 The price of power increases For Bitcoin Miners this means a narrow or negative profit margin (if they aren’t locked into a contract). What if the grid is paying a higher $/kWh than what you earn per $•₿/kWh , you switch off and sell back to the grid. Bitcoin offers so much more than a scarce digital financial consumption commodity, but also an energy based reserve that brings stability to the production side of our economy! Bitcoin brings about a framework to manage the chaos and order of our energy and financial systems with hashpower as the boundary layer between the two ☯️ If you like content like this, give it a share! 🍻

We have to watch EVERYTHING you do for your OWN safety. Escape the U.K.

Hello! I teach subjects across bitcoins entire ecosystem from watts to sats www.hashpower.academy https://youtube.com/@hashpoweracademy

Loving the shirt!

Proof of work is the way to grow! In all energy manifestations