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.
Mitch / MitchKlee_
npub13v…r5ewy
2023-02-27 17:30:42
in reply to nevent1q…qpu0
Author Public Key
npub13vf53pc6jnjq856yefyvk9h432w6x5qlumy0lt5ycz9wrvzjrnts0r5ewyPublished at
2023-02-27 17:30:42Event JSON
{
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"pubkey": "8b1348871a94e403d344ca48cb16f58a9da3501fe6c8ffae84c08ae1b0521cd7",
"created_at": 1677519042,
"kind": 1,
"tags": [
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"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"
}