What the Bitcoin halving actually does
About every four years, the reward for adding new blocks falls by half. It changes the rate of new supply, and its effect on price is debated.
Sample Miner moves to surplus hydro power
The invented mining company says it will buy excess electricity from a regional dam, though it hasn’t published contract terms.
What is known
Sample Miner said it signed an agreement to use surplus hydroelectric power at a new site. The company says the deal lowers its costs, and it hasn’t disclosed the price or the length of the contract.
Why it matters
After a halving, electricity is one of the main costs that decides which miners stay profitable. Cheap power is an advantage, but claims about energy sources need supporting evidence.
Sources
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Disclosures
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