Bitcoin in a Nuclear FUSION World | Hashpower Academy

Video Transcript:

hello there and welcome to another video from the hash power academy i was just drawing a few things here and as you can see you can the layers of energy commodity energy technologies underneath uh compute technology compute commodity blockchain technology blockchain commodity bitcoin and the interesting thing that caught my attention as i was writing it is this guy what will the world of bitcoin look like with nuclear fusion involved and nuclear fusion represents a massive increase in the supply of energy available and when bitcoin mining deploys more compute which consumes more energy essentially when the supply of energy within the bitcoin network increases it dilutes the amount of bitcoin per kilowatt earned so basically everyone that doesn’t have access to fusion across the bitcoin mining sector they will in a very short space of time get diluted to the point of maybe unprofitable if they use any other of these other power sources and they’re not already costed in that if the price the amount of bitcoin per kilowatt that you could earn just collapsed down to pennies or cents um or even sats very a very minuscule amount of sats per kilowatt um it would mean that anyone that’s not using nuclear fusion uh well that’s where the hyper extreme level of efficiency is on the energy side so maybe they would have to focus on the hyperextreme aspects of compute efficiency on the other because bitcoin has this duopoly between energy and compute and fusion represents a massive acceleration in the energy direction whilst compute still remains and you can think of them as an x and y axis with the the z axis being uh bitcoin blocks so all these other energy sources will still be important because everything related to say renewables is of local constraints where it’s windy there’s wind farms where it’s really sunny in the middle of the desert it’s uh there’s not too many people there and where there’s hydrop power there’s lots of water and flowing water through uh terrain and all these sorts of pieces mean that uh the access to energy becomes more important if we can produce a lot of energy from this extreme idea of nuclear fusion of harnessing the the core of a sun in the in the technology framework of compressing whatever uh fuel so densely together and spinning it around a tooidial field to the point that we can release more energy than what energy we put into it it will bring a level of energy abundance that we just truly haven’t seen yet but that energy abundance will be built through the continual infrastructure scale out of grids and that’s what bitcoin does as well there’s a incentive to build out more energy infrastructure and more compute technology infrastructure and race to the forefront of both because those most efficient with their energy will earn the most bitcoin and that will never change from now and going into the future so even if we scale up to a multilanetary species those who are most efficient with their energy and compute technologies uh the interplay of those two that’s the framework to redistribute bitcoin to those with those resources those producing compute power continually and scaling with the efficiency of the network those are the people that are going to be paid bitcoin over time through people transacting in bitcoin because you pay a small fee so that redistribution of bitcoin slowly over time happens where the where the money flows to those most efficient with their energy because they’re essentially building out more infrastructure and efficiency is that conversion between your hardware and the energy input required if you’ve got a greater efficiency it means you’re producing more of both so there’s just your your supply of energy is bigger in reference to the amount of hash rate you produce and also in reference to the amount of blocks that you earn there’s a lot to that there’s a lots of different pieces to there to to to the aspect of how this would work but the overall gist is um we could have the same sort of thing not not nuclear fusion but in the context of microchip density if someone invented a new form of microchip or even the quantum computing discussion maybe that’s the the nuclear fusion equivalent if someone had the ability to find blocks at a level of efficiency far better than everyone else whether it’s their access to energy or access to compute those are the two leading discussions in in terms of the meritocracy of bitcoin from now going into the future hope this was interesting if you like it like subscribe share it to your friends all that fun stuff and i’ll see you in the next video goodbye