Tag: nuclear power

May 09 2022

How Bitcoin Will Help Solve the Climate Crisis

The Bitcoin network is more efficient compared to our current financial system, so any concerns about its energy use are completely unfounded.Watch The Whiteboard Video HereIn this article, we are going to dive into Bitcoin’s impact on the environment.Since the rise of Bitcoin, the...

May 08 2022

Bitcoin Promises a Future of Abundant Energy

Bitcoin mining has the potential to revolutionize our approach to electricity generation by allowing power production to increase with buyers of last resort.In its 12 years of existence, Bitcoin’s mainstream reputation has ranged from quirky internet money to baseless speculative investment to — for some — the ultimate store of value. Amid the various narratives surrounding Bitcoin, one critique seems to have...

May 05 2022

Bitcoin Will Use Energy And It Doesn’t Need To Be Renewables

Energy usage is not something from which we should shy away. Bitcoin miners are already doing the hard work that is making the world a better place.The below is a direct excerpt of Marty's Bent Issue #1203: "Do not cede the frame. Energy usage is good."...

May 04 2022

Bitcoin And Nuclear: The World’s Most Feared Technologies Can Actually Save It

Humanity must produce an excess amount of energy in order for forward progress — but with increasing demand, how can we achieve this?Much has been written about how intermittent renewables like wind and solar negatively affect grid stability and often need government subsidies to produce positive financial returns on investment (ROI). Less well understood, but even more important, is the fact these...

Nov 14 2021

Forget Bears: Bitcoin Takes On The Duck Curve

As the bears lick their wounds and escape to the caves for the winter, Bitcoin sinks its teeth into a new animal; the duck curve of the energy grid.FIRST LAW OF THERMODYNAMICS - The law of conservation of energy states that the total energy of an isolated system is constant; energy can be transformed from one form to another, but can be...

Sep 13 2021

Ukraine’s Blueprint To Bitcoin Adoption

Ukraine’s strategic path to Bitcoin adoption would likely include nuclear- powered mining, and holding Bitcoin as a state reserve asset.Just days ago, on 8 September 2021, the Ukrainian Parliament passed a law that legalized and regulated Bitcoin in the country. The bill, drafted in 2020, passed with the support of 276 lawmakers. Only six...

Jul 16 2021

Is Nuclear Power The Future Of Bitcoin Mining?

As the bitcoin mining industry grapples with criticism over its energy use, nuclear power is emerging as its source of the future.The Bitcoin network’s share of global carbon dioxide emissions is only about 0.13% of the global annual total — approximately 47 million tons of a rough total 37 billion tons, by some estimates. But...

Jul 14 2021

Compass Partners With Oklo For Fission-Powered Bitcoin Mining

Bitcoin mining firm Compass Mining has partnered with advanced fission company Oklo to mine bitcoin with nuclear power.Compass Mining, a bitcoin mining hardware and hosting provider, has entered a 20-year partnership with advanced fission company Oklo to mine bitcoin with nuclear power according to...

Jul 13 2021

Nuclear-Powered Ohio Bitcoin Mine To Be 100% Carbon Free

Energy Harbor will provide carbon-free nuclear energy to Standard Power’s forthcoming bitcoin mining farm in Ohio.Independent power producer Energy Harbor has announced that it will provide clean nuclear energy to...

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