Mitch on Nostr: Bitcoin miners fund the cheapest electricity in times of low demand, and sell that ...
Bitcoin miners fund the cheapest electricity in times of low demand, and sell that electricity in high demand.
The mechanism reduces waste, and supplies power to the grid in times of need. Overall, reducing electricity cost, and keeping the lights on.
Published at
2023-02-27 17:30:42Event JSON
{
"id": "8e93a2f5a2ebce3f96fb5f4d680280f415ef53bcc1c6aecdf36a1f1f862835c8",
"pubkey": "8b1348871a94e403d344ca48cb16f58a9da3501fe6c8ffae84c08ae1b0521cd7",
"created_at": 1677519042,
"kind": 1,
"tags": [
[
"e",
"7af72366a8bd7dcfc88325ff43ed0decbf10e6867348e7b25ec08aa5aad04ffd"
],
[
"e",
"c6728e3aca7c91c03b5f5abc7951316e2a85cd897fbfc122cf44645381082504"
],
[
"e",
"9c18a5537af8b05d452567a2cf963e0ffa3bcb963f46abd36d6bf279e47f6a9b"
],
[
"p",
"8b1348871a94e403d344ca48cb16f58a9da3501fe6c8ffae84c08ae1b0521cd7"
],
[
"p",
"8b1348871a94e403d344ca48cb16f58a9da3501fe6c8ffae84c08ae1b0521cd7"
],
[
"p",
"8b1348871a94e403d344ca48cb16f58a9da3501fe6c8ffae84c08ae1b0521cd7"
],
[
"p",
"ba2883fb4a7f62cb851b9f5411659791cffb2e3fc8b90f683ee5091f413880a1"
]
],
"content": "Bitcoin miners fund the cheapest electricity in times of low demand, and sell that electricity in high demand.\n\nThe mechanism reduces waste, and supplies power to the grid in times of need. Overall, reducing electricity cost, and keeping the lights on.",
"sig": "82367c59cd3afe866eb768cf237e299babd545b04a3783919dde79441db40c55d58617e34be50f41ce709972aca24649ad8360ba3d7fdc2f4b53d4ae3a116b51"
}
