The Busy beaver scale allows us to gauge the difficulty of proving certain (yet unproven!) mathematical conjectures!
To to this, people have reduced certain mathematical problems to deciding the halting problem of a specific Turing machine.
A good example is perhaps the Goldbach's conjecture. We just make a Turing machine that successively checks for each even number of it is a sum of two primes by naively looping down and trying every possible pair. Let the machine halt if the check fails. So this machine halts iff the Goldbach's conjecture is false! See also Conjecture reduction to a halting problem.
Therefore, if we were able to compute , we would be able to prove those conjectures automatically, by letting the machine run up to , and if it hadn't halted by then, we would know that it would never halt.
Of course, in practice, is generally uncomputable, so we will never know it. And furthermore, even if it were computable, it would take a lot longer than the age of the universe to compute any of it, so it would be useless.
However, philosophically speaking at least, the number of states of the equivalent Turing machine gives us a philosophical idea of the complexity of the problem.
The busy beaver scale is likely mostly useless, since we are able to prove that many non-trivial Turing machines do halt, often by reducing problems to simpler known cases. But still, it is cute.
But maybe, just maybe, reduction to Turing machine form could be useful. E.g. The Busy Beaver Challenge and other attempts to solve BB(5) have come up with large number of automated (usually parametrized up to a certain threshold) Turing machine decider programs that automatically determine if certain (often large numbers of) Turing machines run forever.
So it it not impossible that after some reduction to a standard Turing machine form, some conjecture just gets automatically brute-forced by one of the deciders, this is a path to
If you can reduce a mathematical problem to the Halting problem of a specific turing machine, as in the case of a few machines of the Busy beaver scale, then using Turing machine deciders could serve as a method of automated theorem proving.
That feels like it could be an elegant proof method, as you reduce your problem to one of the most well studied representations that exists: a Turing machine.
However it also appears that certain problems cannot be reduced to a halting problem... OMG life sucks (or is awesome?): Section "Turing machine that halts if and only if Collatz conjecture is false".
bbchallenge.org/story#what-is-known-about-bb lists some (all?) cool examples,
Intuitively we see that the situation is fundamentally different from the Turing machine that halts if and only if the Goldbach conjecture is false because for Collatz the counter example must go off into infinity, while in Goldbach conjecture we can finitely check any failures.
Amazing.