shutosha on Nostr: #bitcoin allows energy production without accessible grid .. what is the point of ...
#bitcoin allows energy production without accessible grid ..
what is the point of generating this energy if it can't be used by people ? .. I mean you are simply wasting that energy in computing hashes - kinda double whammy, cuz you are not only wasting energy but compute also !
The truth however is exact opposite .. when you create demand for energy generation equipment , the industry improves .. for example , if there is more demand for the phones , the phone industry benefits .. Same way if there is more demand for energy sector the sector improves ...
The fact is entire energy sector ( including solar and renewable) is in serious glut situation because energy sector is stymied by the ailing and aging grid ..
In effect , #bitcoin serves as the monetary GRID for unlocking energy production and thus revitalizing the most important industry
what is the point of generating this energy if it can't be used by people ? .. I mean you are simply wasting that energy in computing hashes - kinda double whammy, cuz you are not only wasting energy but compute also !
The truth however is exact opposite .. when you create demand for energy generation equipment , the industry improves .. for example , if there is more demand for the phones , the phone industry benefits .. Same way if there is more demand for energy sector the sector improves ...
The fact is entire energy sector ( including solar and renewable) is in serious glut situation because energy sector is stymied by the ailing and aging grid ..
In effect , #bitcoin serves as the monetary GRID for unlocking energy production and thus revitalizing the most important industry
quoting nevent1q…v36k“Bhutan has mined over $1 billion worth of bitcoin using its previously stranded hydropower resources”
We are so early
Wait until every authority on earth realizes they can transform waste into unstoppable, unseizable money
That will be the true gradually then suddenly moment
🇧🇹