Source: Coindesk.com
Bitcoin's economic design compels miners to minimize costs due to a halving stress-test every four years. Miners seek cheap energy, leading to two strategies: being in front of the meter (I.e., grid-tied) and being behind the meter (i.e., direct co-location with power generators).
The grid-tied model allows for economies of scale, as large-scale miners may obtain cheaper
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Source: Coindesk.com
