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Bitcoin Course | Big Picture Basics 2.2 - Commodity: Electricity

Bitcoin Course | Big Picture Basics 2.2 – Commodity: Electricity



“The Price We Pay and Society’s Prosperity.”
Every time we flip a switch or plug in a device, there’s a cost associated. While it might appear as just a “number” on our monthly bills, the price of electricity ($/kWh) profoundly impacts our lives. High electricity prices strain household budgets and ripple throughout the economy.

Free Course Full Lesson https://hashpower.academy/lessons/2-grids-electricity/

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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] so we’ve discussed so far the production of electricity the transfer of electricity to the grid and obviously on the other end is the consumers of electricity and I believe that the pace of society was really set by the price of electricity when the price of electricity is really high it’s really hard for people to to manage their savings against these really high expenses they start adjusting the quantity of electricity that they use these societal impacts translate across goods and services when the cost of producing something is the cost of the energy to actually produce it it means that if the energy price goes up everything goes up alternatively if the energy prices come down it means goods and services are cheaper to manufacture it means electric cars are cheaper to run per mile and all other aspects of society that need energy and so if we have a world that is aiming to reduce the price of electricity over time I believe we can bring about human prosperity in multiple different ways for society as a [Music] whole [Music]

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Bitcoin Course | Big Picture Basics 1.3 - Commodity: Carbon

Bitcoin Course | Big Picture Basics 1.3 – Commodity: Carbon



“Planetary problems require planetary systems”. As we delve deeper into the intricacies of energy generation, we are confronted by the unavoidable implications of carbon emissions. Historically, our reliance on fossil fuels, while bringing about amazing human prosperity through an industrial revolution, introduced significant volumes of carbon dioxide into the atmosphere.

Free Course Full Lesson https://hashpower.academy/lessons/1-generation-carbon/

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🤝 Connect With Us:
Share your thoughts and questions in the comments.
We value your input!
Subscribe to Hashpower Academy for more educational videos.
Discover more at https://hashpower.academy/

👤 Your Educator – Jake Scanlan
https://www.jakescanlan.com

🟧 Additional Resources:
https://bit.ly/m/hashpoweracademy
https://hashpower.academy/
https://terahash.co.uk
https://satoshisea.io

—————————

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] [Music] so carbon it is a huge topic it is a planetary gas with a planetary problem Associated to it depending on which side of the argument you see but the one thing that we can agree upon whether you believe in climate change or you don’t is that we can at least agree to an accounting system to track the carbon it’s nice to breathe in clean air and so many people choose Renewables as the option going forward but they bring their [Music] problems

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Bitcoin Course | Big Picture Basics 1.2 - Generation Types

Bitcoin Course | Big Picture Basics 1.2 – Generation Types



“We don’t print energy: we generate it with work”.
Unlike fiat currency, electricity cannot simply be conjured with the press of a button. It is generated through diligent effort. Throughout history, our primary sources of energy have been fossil fuels like coal, oil, and natural gas. Extracted from the Earth’s core, these fuels provide the necessary heat to convert water into steam.

Free Course Full Lesson https://hashpower.academy/lessons/1-generation-carbon/

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🤝 Connect With Us:
Share your thoughts and questions in the comments.
We value your input!
Subscribe to Hashpower Academy for more educational videos.
Discover more at https://hashpower.academy/

👤 Your Educator – Jake Scanlan
https://jakescanlan.com

🟧 Additional Resources:
https://bit.ly/m/hashpoweracademy
https://hashpower.academy/
https://terahash.co.uk
https://satoshisea.io

—————————

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] what is important to understand about our production of power is it really boils down to two distinct groups we have the renewable sources which is solar wind Hydro power which nature is in control of when we produce power and how we produce power but also the non-renewable side which is that we have control over the power that we produce but obviously that comes at the cost of releasing carbon into the atmosphere so they both have a history and a future involved in the development of our world of [Music] energy [Music]

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Bitcoin Course | Big Picture Basics 1.4 - Stranded Renewables - Not All Electricity is the Same

Bitcoin Course | Big Picture Basics 1.4 – Stranded Renewables – Not All Electricity is the Same



“Not All Electricity is the Same”. So the solution is to build more renewables? At first glance, the answer to this question deserves an unequivocal ‘yes’. But deeper examination reveals nuances. Envision expansive regions rich with persistent sun, strong winds, or abundant water flow. These places are ideal for harnessing renewable energy, but often they are remote and removed from populous areas.

Free Course Full Lesson https://hashpower.academy/lessons/1-generation-carbon/

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🤝 Connect With Us:
Share your thoughts and questions in the comments.
We value your input!
Subscribe to Hashpower Academy for more educational videos.
Discover more at https://hashpower.academy/

👤 Your Educator – Jake Scanlan
https://www.jakescanlan.com

🟧 Additional Resources:
https://bit.ly/m/hashpoweracademy
https://hashpower.academy/
https://terahash.co.uk
https://satoshisea.io

—————————

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] is stranded energy stranded energy is essentially a site that can produce power typically Renewables but because they’re in the middle of nowhere where it’s really wet really windy or really sunny they have no ability to sell power to people because nobody lives there and so we need grid infrastructure those huge transmission lines to transfer the power and obviously money goes in the opposite direction and so that economic cycle of being able to sell your power as a renewable energy producer is the exact Lifeline that you need to run your business and imagine that imagine starting a business and opening opening your doors is is how you make money but you couldn’t open your doors for 3 years you wouldn’t run your business and that’s the the issue the gridlock issue of of running a renewable energy site is that you need to have grid connection otherwise you’re stranded and so the problem arises there that we need a buyer of energy to come in that can fill that gap between when the site is producing power but doesn’t have a good connection you need someone that uses a lot of power power a flexible amount of power and wants to consume it directly on site those are the exact properties of a Bitcoin minor and so in a world where people have contested that Bitcoin is wasting power what if the power was already wasted and the mining comes in to monetize it which helps that renewable site Finance their operation of building more Renewables which is exactly what everyone wants [Music] oh

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Bitcoin Course | Big Picture Basics 1.1 - Energy Fundamentals: Power in Watts

Bitcoin Course | Big Picture Basics 1.1 – Energy Fundamentals: Power in Watts



“Power is measured in Watts”. Whether you turn the first pages of ancient religious scriptures or leaf through the introductory chapters of a science textbook, one theme resonates clearly: everything begins with energy. It’s the fundamental currency of our existence, seamlessly interwoven into the fabric of our universe.

Full Lesson:
https://hashpower.academy/lessons/1-generation-carbon/

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🤝 Connect With Us:
Share your thoughts and questions in the comments.
We value your input!
Subscribe to Hashpower Academy for more educational videos.
Discover more at https://hashpower.academy/

👤 Your Educator – Jake Scanlan
https://www.jakescanlan.com

🟧 Additional Resources:
https://hashpower.academy/
https://terahash.co.uk
https://satoshisea.io

—————————

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] so if I had to explain Bitcoin in one word it would be electricity what is electricity it’s energy what is energy energy is essentially the transactional currency of our entire universe nothing breathes nothing moves nothing works without energy and that’s what’s so fundamentally important about everyday society that everything has a cost the cost of your plane ticket is mostly fuel liquid energy the cost of driving your car is mostly fuel liquid energy and as we transition into a society that uses electricity even more more on the roads in the transportation system in general and all other aspects of society it really becomes the most fundamentally important thing to understand and it’s especially important for this [Music] course

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