What I have been told and read (but not a scientific paper)is a bottom diffuser will mix the water providing oxygen throughout the pond which results in more aerobic bacteria throughout. The bacteria helps by using up nutrients, similar to how plants do but on a microscopic level. Less nutrients = less food for the algae. If you have watershed always flowing directly into your pond washing in more nutrients then you might not see as much benefit. A berm or plant buffer around the pond can help reduce incoming nutrients.


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