Bitcoin

The concept of 'shoulder months,' particularly October-November and March-April, presents a unique challenge for <a href="https://ultramining.com/news/en/russias-bitcoin-gold-rush-mining-machine-influx-outpaces-rest-of-the-world/" rel="noopener noreferrer nofollow">Bitcoin miners</a>. During these periods, energy demand typically decreases, yet it is also a time for maintenance or upgrades in electric systems. This duality leads to regional power congestion and spikes in <a href="https://ultramining.com/news/en/crypto-mining-with-flare-gas-a-green-solution-or-environmental-setback/" rel="noopener noreferrer nofollow">electricity</a> prices. As a result, miners often face frequent curtailments, which can have significant impacts.
Firstly, more frequent curtailments lead to thermal degradation. The abrupt shifts in power availability force crypto <a href="https://ultramining.com/news/en/immersion-cooling-transforms-chinas-crypto-mining-landscape/" rel="noopener noreferrer nofollow">mining equipment</a> to operate under less stable conditions, potentially reducing their lifespan and efficiency. Secondly, these months usually bring cooler temperatures, with a noticeable delta of 15-20°C. While cooler temperatures could be beneficial for mining <a href="https://ultramining.com/hardware/" rel="noopener noreferrer nofollow">hardware</a>, the unstable power supply negates these benefits, according to <a href="https://twitter.com/hash_bender/status/1724120352081743977" rel="noopener noreferrer nofollow">hash_bender</a>.&nbsp;
The volatility in the energy markets during shoulder months thus emerges as a critical factor for <a href="https://ultramining.com/news/en/russias-bitcoin-gold-rush-mining-machine-influx-outpaces-rest-of-the-world/" rel="noopener noreferrer nofollow">Bitcoin miners</a>, influencing not just operational costs but also the longevity and performance of their mining setups. The balancing act between leveraging cooler temperatures and managing power instability becomes a pivotal strategy for maintaining profitability and sustainability in the Bitcoin <a href="https://ultramining.com/news/en/texas-residents-challenge-bitcoin-mining-industrys-impact-on-power-grid-and-communities/" rel="noopener noreferrer nofollow">mining industry</a>.

Bitcoin Mining in Flux: The Shoulder Month Effect

Ultramining_Eng

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