because it shows adoption and its value compared to USD. In reality the USD value of bitcoin shows the collapse of the value of the dollar as much as it does the increase in value of bitcoin.
Bitcoin is valued in dollars , correct? I mean if you have 1 Bitcoin ( has no use and by itself is valueless same as the dollar) what's the point ? It is a made up system that on its own has no worth .... I could be wrong and way ignorant about this .. but if you lay a Bitcoin out on the counter what can it do ...what can you do with it ... what value does it have, besides a means to protect your gold investment so people can't steal you money.
its also valued in every other currency. Dollar is currently just the most popular and nearing the end of its time. This is a sovereign debt bubble. The debt has been kicked down the road so many times it has worked its way up to the nation state level. Other countries want a currency that they have to pay the consequences for the US printing money. And to be honest I believe the US is tired of having the strong currency and would rather step back and turn it over to the IMF & BIS.
also things like this, lots of value in being able to put excess energy to use
Bottom line it's a alternative to the dollar. Bitcoin is useless.....same as the dollar without gold . Plainly putting it Bitcoin is valued in gold or something of use . I understand you believe it's better than the dollar because as of RIGHT NOW governments can't manipulate it and print it .... give en time governments can **** up a anvil. I mean look at us , the u.s we had gold standards and all was well ....government had a idea and all gone ... debt becomes a prized possession
Do you know how dirty that gas is and how expensive it is to maintain anything that's run off it ? Not saying they don't waist it . But that stuff destroyer of boilers. Been about 18 years since I done any work with it but it was a nightmare to keep equipment running.
All I know is that they can run generators on it to run bitcoin miners
upstreamdata.com
Here is an explanation of how Texas is using Bitcoin miners to balance load demand. This is an example of something you will see more of. Especially in the developing world so they can build the energy generation and put it to use before the infrastructure is in place
All I know is that they can run generators on it to run bitcoin miners
Hash Generator™ - upstreamdata.com
Explore the efficient Hash Generator series, a turnkey solution for Bitcoin mining powered by natural gas generators. Our skidded packages include optional upgrades like LoadSync Controller and Smart PDU, offering seamless load management and smart power distribution. Choose from Hash Generator...
Here is an explanation of how Texas is using Bitcoin miners to balance load demand. This is an example of something you will see more of. Especially in the developing world so they can build the energy generation and put it to use before the infrastructure is in place
Sure you can , you can heat your home can run a vehicle on it ....your not getting the point on how dirty it is and how expensive and hard it is to keep those things running that's on it . Unless they have come up with away to filter it since I last worked with it . We stayed 24/7 maintenance for a boiler that run on it and could only keep it running about 14 hrs a day . That included 2 engineers. They went back to natural gas and as far as I know have never thought about land fill gas again . The papermill spent millions trying to use it . Again that was about 18 years age and things might have changed.All I know is that they can run generators on it to run bitcoin miners
Hash Generator™ - upstreamdata.com
Explore the efficient Hash Generator series, a turnkey solution for Bitcoin mining powered by natural gas generators. Our skidded packages include optional upgrades like LoadSync Controller and Smart PDU, offering seamless load management and smart power distribution. Choose from Hash Generator...
Here is an explanation of how Texas is using Bitcoin miners to balance load demand. This is an example of something you will see more of. Especially in the developing world so they can build the energy generation and put it to use before the infrastructure is in place
lol keep spinning. There are better uses for the electricity generated from those sources.
for flare gas im specifically talking about putting a generator on the oil rig that runs straight off the gas coming out of the ground
there are no other uses in theses cases, its waste gas and waste energy being the buyer of last resort
Im not sure what you think your saying. I dont have to do these things, im telling you people are running bitcoin miners on generators in the gas fields now. Countries are running bitcoin miners off of thermal energy and volcanoes, electrical damns.
Did you not pay attention to the part about keeping the generator running due to how flipping dirty the flare gas is . If your talking flare gas from drilling rigs or burn off gas from land fills? Big difference. If you could do all that don't you think rigs would instead of using diesel.... I'm thinking they would.
So your argument is that it cost too much to maintain the generators?
braiins.com
Not saying they are not , saying the maintenance is crazy expensive. You went from landfill gas to drill rig gas and they are different animals when it comes to filtering them and how dirty or wet they are . Again it's been 18 years since I worked on a landfill gas project and it didn't go well at all .So your argument is that it cost too much to maintain the generators?
I'm just telling you there are people doing it and making profit so they will keep doing it.
Anywhere these people can capture waste energy to convert it to bitcoin they will do it.
From Flare to Fortune: Mining Bitcoin Off-Grid with Stranded Gas | Braiins
Tom Masiero is the co-founder of Standard Bitcoin. In this post, he provides an introduction to bitcoin mining with natural gas, illustrating bitcoin miners’ relentless appetite for cheap and abundant energy. Tom also gives a general overview of the market landscape, the economics of mining with...
www.forbes.com
www.jbs.cam.ac.uk
If I worked at home instead of traveling like I do , I would most definitely hang cloths out to dry and would have a whole house attack vent installed.Are you against datacenters? What other uses of electricity do you deem unnecessary?
You'd hang your clothes out to dry and not use ac if you cared
Why Bitcoin Mining Might Actually Be Great For Sustainability
Could BTC = ESG? According to new research, the answer is a resounding yes. Here's why investors are taking a second look at bitcoin through the lens of ESG.Bitcoin electricity consumption: an improved assessment - News & insight - Cambridge Judge Business School
An examination of the underlying assumptions behind the Cambridge Bitcoin Electricity Consumption Index (CBECI) has led to its first major revision since its launch in 2019 – a response to evidence indicating a periodic overestimation of electricity consumption. The implemented update fine-tunes...
That's what you get with old tech.Are you against datacenters? What other uses of electricity do you deem unnecessary?
You'd hang your clothes out to dry and not use ac if you cared
Why Bitcoin Mining Might Actually Be Great For Sustainability
Could BTC = ESG? According to new research, the answer is a resounding yes. Here's why investors are taking a second look at bitcoin through the lens of ESG.Bitcoin electricity consumption: an improved assessment - News & insight - Cambridge Judge Business School
An examination of the underlying assumptions behind the Cambridge Bitcoin Electricity Consumption Index (CBECI) has led to its first major revision since its launch in 2019 – a response to evidence indicating a periodic overestimation of electricity consumption. The implemented update fine-tunes...
Gold and silver and have a means to support yourself. Have a ability to provide a "need" to people.
lifestraw.com
Many things like this on the market. Can purchase water treatments very cheap .Something like this would be one of the most valuable things you could own even after a natural disaster and you can't get access to clean water. You can go awhile without food. You are going to start getting stupid real quick without water.
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