The Right Hours for #CryptoMiners to run their #CryptoCurrency #MiningEquipment | @CryptoTabnet | @SaveOnEnergyCom
Okay, Cryptocurrency is a big deal. It may not be "the world's reserve currency" or any official "legal tender," but 'people are using it.' The idea (the way I understand it---i.e. probably not 'the way it actually works,' but more like 'the cover-story') is ... someone wants to give someone else money 'off the books' (not for anything illegal, probably; just 'without filling the bank-accounts of any uninvolved parties (politicians, mostly)'), so they pay a little fee to have that money "laundered" (legally) in a Blockchain.
It's a fairly complicated system; but basically, that's where Crypto-Miners come in. When a Crypto-User asks for some coins to be sent from their account to another Crypto-User's account, the coins' information gets encoded into a block that our Mining Tools 'decode & then recode & link to the chain' until the data is transferred to the second Crypto-User (earning some of the miners 'a fraction of the transfer-fee').
Maybe the machines aren't doing any "real work"; but they are using a lot of energy, and that energy (electricity) costs us money. So we want to run the tools 'when our energy costs less to use!'
Caitlin Ritchie explains what time-periods might be the 'most efficient' (the #cheapest) time to run your miner in a report you can access through 'the emboldened link(s)' below; but first I want to teach you about those words. And I find you understand words better if you see 'the words at their base' (then going on to look at the words at those words' bases, then the words at those words' bases, etc.-etc. ad infinitum into their Foundation)
The word “Cheapest” is built on ancient words that mean "to |Haggle" (like a |Chapman, |Petty Tradesman, |Huckster, |Peddler).
#Cheap #Cheaper #Cheapen #Cheapie #Cheaply #Cheapness #Cheapo #Cheapskate #Cheapside #EastCheap #OnTheCheap #CheapShot (originally football-jargon for a head-on tackle, extending its sense of "Unfair Hit" into politics)
Bing's quote from an article at youramys.com (which might be infected with a Phishing-virus) said that the cheapest time-of-day to use electricity is
between 11pm & 6am
The cheapest electricity will be available between 11pm and 6am every night.... The most expensive period will be between 4pm and 9pm on weeknights.... this is the period when demand for energy spikes
I think that was from 'one particular electricity-provider' (with exact prices where I put 'the ellipses'), but the times are about the same for all services)
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