1/More and more miners are taking advantage of energy grid load balancing initiatives, allowing them to consume electricity at rates as low as <0.02 USD per kWh.
How do they achieve such low cost of electricity, and how does ASIC firmware play a role?
2/Let's start in Texas, where these programs are common.
Miners are signing up to be a "controllable load resource." In simple terms, this means miners' enjoy extremely low electricity prices in exchange for redirecting/reselling their power during peak consumption times.
3/Peak consumption times are usually when energy demand from population centers spike, as they pull more power to cool their homes in the summer, or warm them in the winter.
Peak times can last hours, and their frequency is dependent on the time of year.
4/These programs increase the efficiency of power grids by directing power to where it is in most demand.
Miners get cheap electricity for #Bitcoin mining/enjoy premiums selling power during peak times.
Less energy waste/people still get the power they need when they need it
The latest release includes a feature specifically designed for miners who act as a controllable load resource:
6/The quickstart feature allows miners to ramp up and down the power consumption of their antminers to meet the strict time tables outlined by their contracts:
0-70% power in <16sec
0-100% power in <30sec
100-0% power in <7sec
7/ ^These timeframes far exceed what is capable with stock firmware.
We look forward to implementing the feature with MicroBT ASICs later this year, as the machines are well known to take up to 20-30min to stabilize after booting.
8/TLDR
#BraiinsOS+ quickstart/pause feature enables #Bitcoin miners to become controllable load resources on power grids, without having to develop custom solutions
The benefits?
CHEAP electricity and 5-10x premiums for redirecting their energy during peak consumption hours
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