@anubis2814
Even if #cryptocurrencies used 2% it would be fine as it solves a #wickedProblem.

Estimates we see are 0.5% and its mostly #renewable, #strandedEnergy and flared stuff that would go to waste otherwise. Also in winter some use it for #heating a small room, and even food prep, eg. #fermentation etc.

The whole energy use alarmism is a #redHerring, and a corporateState #rhetoric.

Stop wasting time, get on board.

Give banks a new job in PGP and SSL cert verification.

#Bitcoin is a cancer.
Episode #24565

#StrandedEnergy
---
RT @eurasianet
Georgia's legendary mountain region of Svaneti has become a cryptocurrency mining hotspot, resulting in chronic electricity shortages. https://eurasianet.org/georgias-mountainous-cryptocurrency-problem?utm_source=dlvr.it&utm_medium=twitter
https://twitter.com/eurasianet/status/1483406827354144768

There were a number of reasons why we disliked eth from the time we first researched it. The main reason was it shunned the idea of #monetisingEnergy, including, #strandedEnergy, ç

It would seem as though many people thought similarly.

Today, the token is looking highly centralised on #Amazon.

This week, help just one person notice that the #ethereumScamTokens are largely a #moneyLaundering product for #wallStreet.
#bitcoinCoreFixesThis

Goldman Sachs | Crusoe Energy | Builders + Innovators 2021

https://www.goldmansachs.com/insights/pages/crusoe-energy-b-and-i-2021.html

"We flipped the switch, and we
had a bunch of #bitcoin  #mining servers turn on, and then we saw the #flare shrink a little bit. That was just, like, an amazing moment."

--
Transcript (pdf):
https://www.goldmansachs.com/insights/pages/b-and-i-2021/crusoe-energy-transcript.pdf

#BitcoinMining #Miner #BitcoinMiner #ASIC #SHA256 #HashRate #OilAndGas #NaturalGas #NatGas #FlareGas #Gas #StrandedEnergy #Energy #CrusoeEnergy #MiningRig #Outdoor #Container #BitcoinRig

Goldman Sachs | Crusoe Energy | Builders + Innovators 2021

Crypto Mining Container Talk

This is a public chat group for discussing mobile cryptocurrency mining, container mining, manufacturers & solutions.

Russian Oil Companies Want to Mine Crypto on Flare Gas

https://www.coindesk.com/business/2021/10/20/russian-oil-companies-want-to-mine-crypto-on-flare-gas/

"The deputy head of Russia’s Ministry of Industry and Trade asked [the Bank of #Russia 🇷🇺 and Russia’s Ministry of Digitalization] to clarify their positions on [the idea that #oil companies might open #mining farms on their oil #rigs, using #flare gas to generate #power]."

#Bitcoin  #BitcoinMining #Miner #BitcoinMiner #HashRate #NaturalGas #NatGas #FlareGas #StrandedEnergy #Energy #Electricity #OilAndGas

Russian Oil Companies Want to Mine Crypto on Flare Gas: Report

One company is already doing so, but the regulations remain unclear.

Thread by @APompliano on Thread Reader App

https://threadreaderapp.com/thread/1446992406793048067.html

"#Bitcoin  #miners are always looking for super cheap #energy. Before now, all this wasted #gas had a price of $0."

- Now #oil companies earn extra revenue.
- Miners have ridiculously cheap energy.
- The planet stays a little cleaner.

Everyone wins.

#Mining #BitcoinMining #Miner #BitcoinMiner #ASIC #SHA256 #HashRate #NaturalGas #Methane #FlaredGas #StrandedGas #StrandedEnergy #Electricity #OilAndGas #APomliano

Thread by @APompliano on Thread Reader App

Thread by @APompliano: Satoshi Nakamoto revolutionized the financial industry by creating Bitcoin in 2008. Now Bitcoin miners are in the process of revolutionizing another industry - energy. Here is how they're doi...…

Bitcoin miners and oil and gas execs mingled at a secretive meetup in Houston – here’s what they talked about

https://www.cnbc.com/2021/09/04/bitcoin-miners-oil-and-gas-execs-talk-about-natural-gas-mining.html

"#Bitcoin  #miners care most about finding cheap sources of #electricity, so #Texas – with its crypto-friendly politicians, deregulated #power grid, and crucially, abundance of inexpensive power sources – is a virtually perfect fit."

#Mining #BitcoinMining #Miner #BitcoinMiner #ASIC #NaturalGas #Gas #StrandedGas #StrandedEnergy #Electricity #OilAndGas

Bitcoin miners and oil and gas execs mingled at a secretive meetup in Houston – here's what they talked about

On a residential back street of Houston, 200 oil and gas execs and bitcoin miners mingled, drank beer, and talked shop on a recent Wednesday night in August.

MinersSummit2021

YouTube
Nasdaq-Listed The9 to Buy Control of Mining Company Montcrypto - CoinDesk

Chinese gaming company The9 is set to buy a controlling stake in Montcrypto, a Canadian carbon-neutral crypto mining company.