Bitcoin Mining & the Case for More Energy

Bitcoin Mining & the Case for More Energy

“All this to say, there is no optimistic version of the future in which humanity does not use significantly more energy than it does today.” – Hodl’n Caulfield  &  Selene Lindstrom What is the connection between Bitcoin, human prosperity, and the...
The Humanitarian & Environmental Case for Bitcoin

The Humanitarian & Environmental Case for Bitcoin

“If there is ever competition for the energy that the Bitcoin miners are buying, the miners turn off their machines, perhaps to turn them back on later in a real-time response to grid loads. This relationship is poorly understood by many, leading to a popular...
Orange is the New Green

Orange is the New Green

“Money condenses energy. Bitcoin is the first and only tool we have for converting electric energy to monetary energy. Now what does this do to the energy market?” – Knut Svanholm Amidst all the craziness around the Bitcoin & energy debate, its...
The Hidden Costs of the Petrodollar System

The Hidden Costs of the Petrodollar System

“It is truly impossible for the petrodollar system to be green when it is based on black gold.” – Alex Gladstein Today we have another brilliant piece by Alex Galdstein, published on Bitcoin Magazine about the Petrodollar system, how it came about,...
The Key to an Abundant, Clean Energy Future

The Key to an Abundant, Clean Energy Future

“Bitcoin miners are unique energy buyers in that they offer highly flexible and easily interruptible load, provide payout in a globally liquid cryptocurrency, and are completely location agnostic, requiring only an internet connection. These combined qualities...
Noahbjectivity on Bitcoin Mining

Noahbjectivity on Bitcoin Mining

“…And we’re just considering two sources of nonrival energy: clean energy curtailment in China, and vented/flared gas in the U.S. There are many other sources of stranded and nonrival energy sources globally. Suffice to say, there’s enough nonrival energy...