Read_628 - How Bitcoin Can Unlock the Energy of the Ocean [Level39]

May 31, 2022 01:20:25
Read_628 - How Bitcoin Can Unlock the Energy of the Ocean [Level39]
Bitcoin Audible
Read_628 - How Bitcoin Can Unlock the Energy of the Ocean [Level39]

May 31 2022 | 01:20:25

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Hosted By

Guy Swann

Show Notes

"A typical Bitcoin mining operation will spend considerable amounts of time, energy and money cooling their ASIC miners with air conditioning or liquid immersion cooling, and these costs eat into profitability. However, the main waste product of OTEC is a nearly-infinite and continuous supply of 5ºC cold water. Not only does OTEC produce free cooling, it provides a level of cooling that almost no one else in the mining industry has access to — enough to overclock mining rigs by 30% to 40%, according to Harmon. This allows OTEC to essentially achieve a power usage effectiveness (PUE) level of 1 — representing nearly perfect mining efficiency. It may very well be the most efficient way to mine Bitcoin." - Level39 We may be on the verge of an energy revolution due to the incentives and characteristics of Bitcoin and proof of work mining. The ability to solidify and transport stranded energy may change everything. Find out more in today's episode with a read from Level39 and Bitcoin Magazine. Check out the original plus other great works from Level39 at the link below: https://bitcoinmagazine.com/business/bitcoin-unlocks-ocean-energy For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space: • Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE. • Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy) • Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off. Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

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