Because irony is dead, a Dutch tulip farmer is heating their greenhouse with Bitcoin mining: The servers in turn are powered by solar energy from the roof, reducing the normally huge electricity costs for mining, and cutting its...
https://jwz.org/b/ykdm
The blockings will continue until Well Actualism decreases.
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@jwz Sadly he's still doing better than a lot of data centres who haven't managed even this level of joined up thinking.

@jwz I'm pretty sure it's not less efficient, thermally speaking, than just running the same amount of electricity through a big resistor. However many kWh of electricity you use, 100% of it should end up as heat.

...but it is less efficient than running it through a heat pump, which will allow you to extract extra heat from the external environment, allowing for significantly >100% heating efficiency.

@aspragg @jwz yeah, it's a resistive heater that does math as a side effect, but resistive heating isn't actually that great as a primary heat source
@aspragg @jwz just javing the sun shine through the glass roof is probably more efficient than to have solar powering a heat pump.
There was probably way too much heat coming from the sun, so why not do bitcoins?
I guess the winter heating was with resistive heating and got replaced by GPUs. That's where a heat pump would have made sense.
But that's not making the news.
@jwz and so appropriate it should be a tulip farmer. https://en.wikipedia.org/wiki/Tulip_mania?wprov=sfla1
Tulip mania - Wikipedia

@jwz The irony of the irony is though, the tulip mania didn’t hurt those who didn’t buy tulips.

As bitcoin’s value continues to inflate, it sucks value from the economy that actually produces something, and gives increasing slice of the economy & political power to those that run and profit off a system that produces nothing.

@gimulnautti @jwz is this not an argument for anything held as a store of value, not unique to BTC. Eg. Gold, collectibles, land banking, cash stash.

@AWStephen @jwz Correct. Increasing amount of financialization of the economy in general is a trend we’ve been seeing since the 1980’s.

It results in markets becoming increasingly disconnected from actual economic prospects of people.

The more money there is with the sole function of moving the market, the less of the total remains with any connection to actual economies producing anything.

#economy

@gimulnautti @jwz @KimSJ Worse than that: it burns vast quantities of energy and chucks heat into the atmosphere while producing nothing.

Ironic, but honestly probably the best way to mine bitcoins. Those greenhouses apparently need to be heated for some reason, and that used to be powered by dirty energy. Powering it by solar panels is a lot better. But instead of simply throwing it through a heater, why not run a bunch of processors and let them do something useful? Or let them mine Bitcoin. They could be folding proteins or analyzing radio telescope signals instead, but the principle is sound.

Selling it back to the grid is apparently not an option, according to omroepbrabant.nl/nieuws/459627…

The linked article at jwz.org/blog/2024/11/bitcoin-t… seems to think carbon negative means turning CO2 into diamonds, but it's pretty obvious this setup is turning CO2 into tulips. Whether those are useful is another big question. If you believe in tulips and bitcoin, this is probably the best way to go about it. If you don't, it's an expensive waste of time and resources, but still carbon neutral. There are worse things in the world.

Met Bitcoins houdt Frank zijn magazijn warm: 'Fantastische ontwikkeling'

In het magazijn van ondernemer Frank uit Heeswijk-Dinther staan niet alleen spullen om deurklinken te leveren, maar ook een grote computer die Bitcoin-transacties verwerkt. Met deze computer houdt Frank zijn magazijn warm, waardoor hij minder gas hoeft te gebruiken. "Nu de koers van Bitcoin aan het stijgen is, is dit een fantastische ontwikkeling."

Omroep Brabant
@mcv I don't really follow. If you removed the solar panels from the roof, more sunlight would get into the greenhouse and heat it directly. I'd say it would be a net gain, since solar panels are nowhere near 100% efficient.

@ghouston

I'm no greenhouse expert, but I know they used to use a ton of fossil energy. I doubt they'd do that if it wasn't necessary, but if you have sources that say otherwise, I'll take your word for it.

@mcv I'm not doubting that they use fossil energy, but adding solar panels that block the direct sunlight isn't gong to replace it. Just the opposite, if there's a net reduction in the amount of heating from the sun.
@ghouston Like I hinted at, without any sources confirming that that's what's going on, that's only a strawman. If it really was enough to just use direct sunlight, which is free, don't you think they would have been doing that already?
@mcv yeah, the article that ednl linked below doesn't even mention solar panels. With an external source of electricity, or solar panels situated somewhere where they don't block the light getting in to the greenhouse, it's not automatically a dead end.
@mcv It only turns CO2 into tulips if the tulips are preserved indefinitely somehow, not permitted to decay (and ofc they do decay); to heat the greenhouse it would be more efficient to run a heat pump; the huge production of electronic waste from Bitcoin "miners" won't be remotely carbon neutral; and I'll bet they eat the grid's electricity in winter.
@jwz The Tulip Bubble was good because it didn't require seatbelts.

@jwz Strange that you couldn't find a source as per the article. Goes to show how compartmentalised Google results for different languages are. I found two in Dutch from the same local (provincial) broadcaster, one already linked in the thread but that wasn't about greenhouses. This one is, and it's from half a year earlier, May 2022 https://www.omroepbrabant.nl/nieuws/4085845/zo-wordt-een-bitcoin-computer-gebruikt-om-bloemen-te-kweken

And a third one from the "Flowers & Plants News" trade publication, about a test of the same thing from Nov 2017! https://www.bpnieuws.nl/article/8013058/welke-tuinder-wil-er-in-de-bitcoins/

Zo wordt een Bitcoin-computer gebruikt om bloemen te kweken

Tuinders staan onder zware druk vanwege de torenhoge energieprijzen. Er wordt daarom massaal gezocht naar alternatieven om kassen te verwarmen zónder er financieel aan onderdoor te gaan. In Nistelrode worden 'super-computers' ingezet om de kassen te verwarmen. De apparaten worden gebruikt om Bitcoin-transacties te verwerken. Met de warmte die ze produceren wordt een kas vol hortensia’s verwarmd.

Omroep Brabant
@ednl @jwz did it by any chance mention how flammable the whole thing is? because i'm hoping it's all very flammable.

@jwz

I'm going to put my life savings in tulips now, what could go wrong.

@jwz hey I heard you like market bubbles so I got you a bubble to bubb-
@jwz I wonder whether this will prove more profitable than installing heat pumps? Only time will tell, I suppose.
@jwz the vast majority of bitcoin ops in the world drown this effort with their waste of water, etc.
@jwz the tulip Farmer's Name is de Groot
@megaphon @jwz Yeah, it's a common Dutch last name. "Groot" means big.
@jwz relatedly, still wondering why Bitcoin Sauna hasn’t happened yet. #sauna
@jwz and if these massive new data centres built renewable generation beside their new data centres they could also be carbon negative.
@peterbrown I do not think the word "negative" means what you think it means.

@jwz I was between positive and negative but decided if it was positive it must be producing carbon

But I’m sure you knew what I meant 😜

let me guess, the greenhouse is for Cannabis? 🥴
@jwz Proof that there's a god, one with a sick sense of humor.
@jwz I have some great real estate in #Poyais for these crypto miners if they're interested