In Bitcoin mining, survival comes down to margins and margins come down to energy costs.
While most miners race to secure ever-cheaper electricity contracts, Gridless takes a different route:
we mine exclusively on stranded power, using a revenue share model that eliminates direct energy costs entirely.
This gives us a structural advantage in volatile markets, allowing us to stay online when others shut down, and to profit even at historically low hashprices.
Really enjoy being back in Bedford, @Peter McCormack and @Danny Knowles do such a great job with the Cheatcode conference. Small towns make for easier and more conversations, and one-day events mean a lot more signal.
Also, great new coffee shop and wonderful people.
Impressive to see the launch of the Bitcoin Humanitarian Alliance after years of hard work by @gladstein and and HRF!
Bitcoin operates outside the control of governments, banks, and corporations. This means humanitarian organizations can raise funds, move money across borders, and bypass financial repression.
At the Frontline Club in London.