Bitcoin Course | Big Picture Basics 3.3 - Commodity & Heat

“One man’s trash is another man’s electronic cash.”
We’ve traced the journey of the electron: from its birth in power generation facilities, through the intricate pathways of electricity distribution networks, to its vital task in driving microchips to perform trillions of calculations every second. At the end of this cycle, the energy that once coursed as an electron manifests as heat. For many miners, this heat used to be simply vented out as a by-product, but a paradigm shift is now recognizing its valuable economic potential.

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Financial Disclaimer:

This video is for educational and informational purposes only and should not be considered as financial advice or an investment recommendation.
The opinions expressed herein are solely those of the presenter and do not reflect the views of Hashpower Academy. Information is provided ‘as is’ and without warranties, either expressed or implied. We do not guarantee its accuracy or completeness. Investing in cryptocurrencies involves significant risk and should be undertaken only by individuals who can afford potential losses. Viewers are advised to conduct their own research and consult a qualified financial professional before making any investment decisions.

Video Transcript:

[Music] one man’s trash is another man’s electronic cash what do we mean by this well in the world over 50% of our global energy needs are for heat just for heat whether it’s heating your home for your boiler for your hot water or heating your pool or in the agricultural sector they use heat in the green houses to make sure that the crops grow proficiently and countless other applications all around the world and so we’ve got this huge Bitcoin Network physical infrastructure with computers that produce heat as a waste so you fuse these two industries Al together you could have a an electric heater at home that pays you every time you turn it on wouldn’t that be something interesting and so mining machines sit as this physical asset that could be placed in all different locations to make sure that people are cost sharing electricity because energy bills are getting pretty insane at the moment and so we need have to have efficient cost sharing Technologies to make sure that we develop little energy economies that have Sy iotic relationships and that’s the future of Bitcoin in the physical [Music] world

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