RenderBitcoin on Nostr: We have a couple projects that have a mix of different miner types. Each ASIC machine ...
We have a couple projects that have a mix of different miner types. Each ASIC machine has a different $/MWh breakeven power cost. I had a [wrong] thought recently of, “well let’s just take the weighted average of mix of miners on site and use that as our single $/MWh curtailment hurdle rate.” Bad idea 😂
Say you have 5 inefficient miners who mine profitably up until $1/MWh and you have 1 miner who is extremely efficient and mines profitability until $5/MWh. Thus, the weighted average would be $1.67/MWh. If you put that at your curtailment hurdle rate then you’d be running the inefficient miners beyond their profitable power cost range, and not utilizing the efficient miners effectively. All bad, really terrible idea on my part. Total brain fart
Say you have 5 inefficient miners who mine profitably up until $1/MWh and you have 1 miner who is extremely efficient and mines profitability until $5/MWh. Thus, the weighted average would be $1.67/MWh. If you put that at your curtailment hurdle rate then you’d be running the inefficient miners beyond their profitable power cost range, and not utilizing the efficient miners effectively. All bad, really terrible idea on my part. Total brain fart