What we are reading, and what it means for a fleet
Short pieces on mining economics, energy markets and hardware. Nothing here is a price quote or tax advice; where a post needs a number it links to the calculator so you can put your own assumptions in.
Alberta’s grid queue is full. Your gas is not in it.
Alberta’s 1,200 MW large-load allocation is gone and the process replacing it is not open. A load that never takes transmission service is not in that queue.
ReadWho carries which risk in a stranded-gas deal
Gas purchase, revenue share and lease plus royalty are not three prices for the same thing. They are three answers to who carries the loss.
ReadDifficulty has fallen 15% this year, and it cuts both ways
Network difficulty is down about 15% since January. That is good for a machine bought today, and it is good for a reason nobody buying should be pleased about.
ReadThree questions before you buy a miner
Hashrate is the number on the box and the least useful one. The three that decide whether a machine pays are power, difficulty and where it sits.
ReadThe argument that does not change
News moves. The case for owning machines rather than coins does not, so it lives on its own page rather than scrolling away down this one.
Why own machines