Bitcoin Wastes Energy: Difference between revisions
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<blockquote class="twitter-tweet" data-media-max-width="560"><p lang="en" dir="ltr">A positive Bitcoin Mining Story on the BBC<br><br>Just amazing from <a href="https://twitter.com/GridlessCompute?ref_src=twsrc%5Etfw">@GridlessCompute</a> <a href="https://t.co/vfVPdD0blE">pic.twitter.com/vfVPdD0blE</a></p>— Joe Nakamoto ⚡️ (@JoeNakamoto) <a href="https://twitter.com/JoeNakamoto/status/1904596418645680245?ref_src=twsrc%5Etfw">March 25, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> | |||
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== Flare Gas == | == Flare Gas == | ||
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== Landfill | == Landfill Emissions == | ||
Bitcoin mobile mining installed on landfills are mitigating methane pollution from landfill emissions. | Bitcoin mobile mining installed on landfills are mitigating methane pollution from landfill emissions. | ||
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== Heating Greenhouses == | == Heating Greenhouses == | ||
Latest revision as of 19:14, 25 March 2025
Understanding bitcoin's relationship to energy not only helps one understand how it will provide more energy abundance, but also undermines the accusation of bitcoin being fiat "created from nothing."
Balancing the Grid
Bitcoin transforms otherwise wasted energy into something valuable. And bitcoin makes it economically feasible to build-out the grid to ensure extra energy is available during emergencies in which power can be easily redirected by simply shutting down bitcoin miners.
(16-minute video)
If you never watch a single video of me talking about Bitcoin mining again, be sure not to miss this one. pic.twitter.com/qoRg7GINeR
— Dennis Porter (@Dennis_Porter_) November 1, 2024
Bitcoin mining helps balance the Texas grid by consuming power when it is not needed and turning the miners off when there is extra demand.
(3-minute video)
Bringing Energy to Africa
A bitcoin mining company called Gridless is helping to bring much-needed electrification to Africa by harnessing hydroelectric and other power that has otherwise been wasted because it is too remote to economically transmit it to larger cities.
(5-minute video)
(4-minute video)
A positive Bitcoin Mining Story on the BBC
Just amazing from @GridlessCompute pic.twitter.com/vfVPdD0blE— Joe Nakamoto ⚡️ (@JoeNakamoto) March 25, 2025
Flare Gas
Flare gas and stranded gas from the oil-drilling industry has always been a huge to atmospheric pollution. Bitcoin miners are now converting that environmental waste to bitcoin.
(9-minute video)
180kw Off-Grid Bitcoin Mine in the Remote Canadian Oil Patch
(12-minute video)
Disposed Tires
Bitcoin miners are solving the tire disposal environmental disaster by turning those tires into energy.
(9-minute video)
Coal Mine Tailings
Mountains of waste coal pollute the Pennsylvania countryside. Bitcoin miners are transforming this environmental disaster into energy.
(6-minute video)
Landfill Emissions
Bitcoin mobile mining installed on landfills are mitigating methane pollution from landfill emissions.
(4-minute video)
Heating Greenhouses
Bitcoin mining heating greenhouses in the Netherlands, turning excess energy into a tool for growing flowers.
(3-minute video)
#Bitcoin mining heating greenhouses in the Netherlands, turning excess energy into a tool for growing flowers. pic.twitter.com/6caRQgWSpa
— TFTC (@TFTC21) March 9, 2025
Mining Bitcoin with Discarded Vegetable Oil
(31-minute video)
Your periodic reminder that there are guerrilla #bitcoin miners out there running discarded vegetable oil into a diesel engine to generate their own sovereign + economic power.
These builders will inherit the earth 💯
pic.twitter.com/73dxPgCDIa— 🏔Adam O🏔 (@denverbitcoin) March 11, 2025
Recycling Heat
50% of the world's energy is used for heating. It just so happens that heat is a side benefit of mining bitcoin. (4-minute video)
"It’s only going to get bigger, because 50% of the worlds energy is used for heating"
I was very excited to hear @DSBatten and @PrestonPysh discuss bitcoin heat reuse and the Heatpunk Summit I hosted.
Gentlemen, we'd love to have you at next year's summit! pic.twitter.com/ZNqDIT6Qyr— Tyler Stevens ⚡️ (@tylerkstevens) March 18, 2025
Lawrence Livermore Chart (LLNL Chart)
According to the LLNL Energy Chart, 61% of distributed energy is rejected. Bitcoin mining will begin eating a significant chunk of that.
Related page: Energy as Money
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