Posts

Nodes: Can you handle the Truth? | Bitcoin Education | Hashpower Academy

Nodes: Can you handle the Truth? | Bitcoin Education | Hashpower Academy



Nodes—are you ready for their truth? In Bitcoin’s circular energy money economy, holders pay to store data on the blockchain, miners cash in to add blocks, but nodes? They’re the unsung volunteers holding it all together, storing every transaction’s truth. From Bitcoin Core to Knots, miners to Mara, I dive into the heart of the network. Too much cost on nodes could break this balance—think mempool bloat, OP Return, Runes, Ordinals, even ETFs and NFTs clogging blockspace. Developers shape the rules, but nodes enforce them. Watch now—uncover why nodes are Bitcoin’s backbone and how to keep them thriving!

Hashpower Academy Donations (Thank You!):
L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Hardware/Hosting:
https://calendly.com/terahash/30min

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#BitcoinNodes
#Crypto
#BitcoinCore
#Miners
#Mempool
#BitcoinETFs
#NFTs
#Runes
#Ordinals
#Mara
#Blockspace
#Knots
#OPReturn
#BitcoinMining
#CryptoEconomy
#EnergyMoney
#BlockchainTruth
#BitcoinDevelopers
#CryptoFuture

Video Transcript:

Hello there and welcome to the HashPower Academy. My name is Jacob Scandalan. I’m the lead educator here at the academy and this is your place to learn anything and everything to do with Bitcoin from the fundamentals. Now the topic of today’s video is looking at the current debate uh with the Bitcoin community, Bitcoin core and their decision to want to increase the OP return limit which allows essentially more arbitrary information to be able to store in the Bitcoin blockchain. And the key question for you is what price would you pay? What price should you pay to store information online forever? And the the back end of that very interesting question is that the Bitcoin nodes are the volunteers of the Bitcoin network. They are storing all of this transaction information. Tik Tok next block. That is a group of people all around the world, thousands of them that all individually have a storage device for storing all of our transactional truth because you can only add Bitcoin blocks to the chain with an expended amount of energy from the mining sector producing compute producing Bitcoin. and those holding Bitcoin, those are the ones paying to store their transaction information in the Bitcoin blockchain. So the nodes are a series of interconnected people having updates from the miners of a new block for new transactions to be stored and they are being informed as to that minor saying, “Well, I want to store this group of transactions in the blockchain.” And you got everyone holding Bitcoin and those running nodes broadcasting that they want to store their transaction information in the block. And so the nodes are these volunteers in the middle whilst the Bitcoin holders are paying fees to the miners and the miners are continually adding more blocks to the chain to collect those fees. So miners are incentivized to produce as much block space as possible because they get paid for doing so and they get subsidy as well. And subsidy right now is the majority of a miner’s revenue. It’s 98 99% of the total block reward of both subsidy and fees. But we inevitably into the future go to a point of time where there is no more subsidy. the 21 million units of digital real estate of Manhattan, the first purchases of this prime digital real estate that is a bidding auction of electricity and compute that is continued now for over a decade at least and is going to go forward multiple more decades 100 plus years of the bidding auction of electricity and compute into Bitcoin. But with price sitting on top as well, uh price has been the one thing that a lot of people have focused on the most. But let’s go back in time. Let’s go back to the dawn of Satoshi Nakamoto consuming a small amount of energy in his CPU to produce a small amount of hash rate which he produced his own Bitcoin blocks and stored his own Bitcoin with his own private key. And so you have this complete vertical integration of all the responsibilities and node running at the start of Bitcoin was that functionality that every computer was producing hash rate, producing blocks and preserving their own private keys. And so at the dawn of time, mining wasn’t an industry. and holding your private keys and being a Bitcoin holder wasn’t an industry in the sense of it’s fragmenting now into wallets and platforms and exchanges and layer twos and ETFs that on the financial side above the Bitcoin blockchain the responsibilities of holding your own private keys has obiscated. If you’re if you’re holding your Bitcoin with an ETF, you’re essentially, you know, letting someone else be responsible for your for your digital money. That is a double-edged sword. And then on the mining side of things, as mining got harder and harder because as more people uh joined the party to get their slice of the cake, more people, smaller slice. And so the the timeline of mining has required more energyintensive, more efficient computers and it’s broadened out into its own industry. It’s a m mining is a multi-billion dollar industry and it’s delving deeper and deeper into the energy sector. And so you’ve got everything underneath Bitcoin producing blocks expanding out into the energy sector. And you got everything in the financial side expanding out into the financial sector. But what has not changed in the middle? It’s those that run a node. That you’ve got the miners incentivized to add more information to nodes broadcasting blocks of, hey, take this file, add it to your file storage, and let’s all preserve the transactional truth of the Bitcoin chain. And you’ve got holders performing all different types of economic activity all across the planet wanting to pay to store their information in the blocks. But the nodes in the middle are the volunteers. And so going from the past of all responsibilities to produce blocks, store blocks, and own the information, the Bitcoin data money in the blocks started as one in the same job role. But coming to the present, we’ve got now a system which is adding 50 to 100 gigabytes of data uh every year and that will increase. Why? Because if we increase the amount of arbitrary non-information that’s not monetary in form, different file types so to speak into Bitcoin blocks, yes, it does stimulate an increase in the fee rates. Miners, well, well, like Marathon, they are allowing these large files to be stored in Bitcoin blocks because they’re paid for doing so. So to miners, they care about the uh the fee rates because inevitably subsidy disappears and you’re only just getting paid fees. That is the inevitable finality of mining from the mining perspective. that miners are when subsidy is gone, miners will be able to arbitrage, energy, compute aspects of heating systems and selling electricity, but it’s all priced and benchmark against the amount of Bitcoin they can capture per block mined. And so their avenue to capturing this Bitcoin is to store as much information in the block. So this just helps you understand where the miners sit in this debate. And then people holding Bitcoin, they want the fee rate to be as low as possible. So So the access to block space is cheap. So you got miners who want the fee rate to be high as high as possible and Bitcoin holders that want the fee rate to be as low as possible. And interestingly enough, from the things that we teach here at the Hashpower Academy is block rewards get priced against a miner’s compute and energy. If block rewards go up, the value of hardware goes up. But also, the price in which miners are willing to sell their electricity goes up. Alternatively, if you’re holding Bitcoin and the fee rate is really low, the amount of electricity you can buy with your Bitcoin increases. So, paradoxically, the lower the fee rate that the amount of uh sats per virtual bite that you need to to store your transaction information in blocks, uh well, if the fee rate is really low, your Bitcoin allows you to buy more electricity and thus increasing its purchasing of power by literally uh being able to buy power from miners in in a future state. And then the miners, they want to be paid as much. And so holders want naturally low fee rates, but right now blocks are empty. And on the mining side, yeah, blocks being empty is an economic problem to the security budget. The the difficulty adjustment increasing is that as price and the value of Bitcoin increases, its security is increasing in tandem, which is important. And I think the key danger point is if we ever see one four-year cycle where difficulty does not increase, that would be the key danger I I believe for Bitcoin. And then what doesn’t change, we’ve talked about the past where it all used to be one in the same role. You ran a laptop, produced your own block, stor stored the information, and owned your own Bitcoin with your own private keys. And now it’s expanded out into wallets, apps, IUS, and not even running a full node anymore. People have pruned nodes and partial nodes and mining where the majority of miners don’t even run a node. They are just hash rate sellers. They’re not producing their own blocks. They are selling their hash rate, the the compute commodity, so to speak. They’re selling their hash rate to a mining pool and being paid Bitcoin whilst the whilst the mining pool is the the the the business entity of running a node so to speak. And mining as a mining and holding Bitcoin are the economical circulating economy around the nodes, but the nodes still in the middle are volunteers. So this is a very tricky and in intricate conversation when looking into the future. From my perspective, we’re coming from a debt-based money system going onto an energy based money system. We’re in the the ter the tumultuous change in that process right now in the point of time. And I believe if blocks are empty, that’s a problem. So, I don’t think this is I’m going to put out a an idea and I don’t think it’s the right or wrong approach, but I’m obviously looking for people’s thoughts and feedback that have a more technical leaning understanding of of Bitcoin from its from its uh developer sense, which is if blocks are empty, maybe the OP return limit should be slightly higher, but use the difficulty adjustment as as an aggregate for lowering and increasing um the the OP return so that in the peak of the bull market when there’s a lot of transactions flowing around um get rid of the arbitrary information essentially. But in the bottom of the bare market where the p you know the block space is empty and we’re just depending on subsidy which you know that’s not where we want to be. Then maybe open it so that blocks are being filled. But that that does endanger Bitcoin to becoming a cloud storage system. And I do believe that miners will have a lot more economic opportunity in not just hoping and crossing their fingers that the benchmark of their income is based on block rewards, but I believe that block rewards for miners are the least interesting final outcome for their use of compute. that there is, you know, the compute in of itself is the the representation that energy is available in the Bitcoin network and that energy can be sold and it’s being priced against um the fee rate of block rewards. the the global electricity grid of the blockchain comparing to their local uh energy availability that they’ve got a power contract with a quantity of kil and uh as their input and they got an output of bitcoin being mined and they can directly price those two and as they find buyers of energy the more they switch their machines off the more money that miners can earn. So I do see that miners should be building out in the physical root system instead of in the digital ethereical hope that other people’s other people uh take the cost of storing transaction information um aka the volunteers having to well we’re imposing more cost on the volunteers by having them store pictures and videos and music in the Bitcoin blockchain because the nodes if there is more cost to running a node less people will do it. That it’s great that there is mining on the physical side of Bitcoin’s decentralization fragmented across every country, every electrical grid, off-grid um with using network communications such as satellites um and ground stations and and the the internet in of itself is very decentralized. Um, but that digital side of decentralization, the transactional truth of that file, we want that in the hands of as many people running as many nodes, because if you think of the the millions that hold Bitcoin, and then the tiny percentage that run a node, that that truly began with the fragmentation of updating the blockchain, storing the blockchain, and owning the information on the blockchain. as those three fragmented out into finance and energy and running a node in the middle sort of became an enterprise business for mining pools which are still a for-profit business. That fragmentation I believe is where the problems began with people truly trying to wrap their head around the importance of running a node. So the key takeaway is run a node and if you believe that the op return limit should be higher, run Bitcoin core. If you believe it should be lower and you should just store monetary transaction information of economic activity on the network um in in a in a strictly monetary focus the the fragmentation of the central banking system debt based money um and transitioning onto an energy based money. Well, that’s that’s the path that I believe is is the most important from my side of things. I think the second most important transaction type that’s nonmonetary should be electricity because you’ve got you’ve got mining infrastructure deployed across the planet which is continually observing what’s happening on the blockchain already for the majority and it’s the other side of that trade is is is power markets. I do believe that that there should be some form of layer two that has net settlement to the Bitcoin blockchain to aggregate the amount of electricity being consumed and even pricing and trading of energy because as I’ve said there’s already a pricing system that miners right now especially in Texas if you if you Google demand response Bitcoin mining it will come up that miners are literally observing what’s more valuable with my power contract sell the power for X amount per kilowatt or mine into Bitcoin x amount per kilowatt. Which one pays me more? Machine off, sell the power. Machine on, consuming to produce Bitcoin. And that that means that Bitcoin’s most intrinsic market activity is not just block space, but also with energy markets. So, I believe if there was anything non-monetary that should be stored in the Bitcoin blockchain, it should be net settlement of energy trading. But that’s just me. Thoughts, comments, questions, queries? Um, I’m going to start adding links and donation things in the in the description because YouTube have demonetized me. Thank you very much. It’s just uh put an even bigger fire under my backside and um I’ve got to find other ways to keep this channel going because the time and energy to make this content is very important but also important for education. Thank you for listening. Hope you enjoy and I will see you in the next one. Goodbye.

Watch on Youtube!

/by
Methane Mining & ASIC Efficiency Economics | Hashpower Academy

Methane Mining & ASIC Efficiency Economics | Hashpower Academy



Your Bitcoin mining rig choice is make-or-break—here’s why! Hardware gobbles 60%-90% of CAPEX costs, dwarfing energy for most grid-based ops. But what if you go off-grid? I dive into a methane mining case study from Texas and the Midwest, where stranded gas powers rigs at 1-3¢/kWh. Older, less efficient machines shine here, with faster paybacks than grid setups—think gas generators vs. $7.65M/mile pipelines. Could solar+battery rigs do the same for off-grid communities? I break down the numbers, compare hardware vs. energy CAPEX, and reveal how to pick your rig like a pro. Watch now—nail your mining strategy and profit big!

Hashpower Academy Donations (Thank You!):
L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Hardware/Hosting:
https://calendly.com/terahash/30min

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#MethaneMining
#CryptoMining
#CAPEX
#EnergyCosts
#MiningHardware
#OffgridMining
#TexasCrypto
#MidwestMining
#CryptoEconomics
#OilAndGas
#BitcoinMining
#Energy
#StrandedGas
#Crypto
#MiningCosts
#SolarMining
#GridEnergy
#BitcoinEnergy
#CryptoFuture

Video Transcript:

Hello there and welcome to the HashPower Academy. My name is Jacob Scandalan. I’m the lead educator here at the academy and this is your place to learn anything and everything to do with Bitcoin from a fundamentals first perspective. I have a question for you. What do you think in the setup of a mining operation is the most expensive part? Is it A the energy or B the mining hardware? Take your pick. The answer is B, the mining hardware. And this is because well for the significant majority of miners they are buying their power on electrical grids. And so the majority of their cost is also the mining machines which can represent 60 70 80 even 90% of their upfront costs for an operation. It can go into multiple millions of dollars per megawatt depending on how efficient the machine that they purchase. And so you’ve got to understand that miners are making so many different decisions on the type of machine, how efficient it is, the cooling system, whether it’s air cooled, immersion or hydro sort of solutions, and the location of those machines, the uptime, the access to repairs. There’s so many different parts that you can learn about. But today’s topic is going to look at methane mining, which changes up those economics in an interesting way. What if instead of buying your power on a grid, you’re actually producing your own power. And so you have a lot more cost in the capex, the setup cost side of things. And so the economics of which mining machine you choose to purchase will actually change because everything from the energy producers to the middle of the city the energy consumers and that price of energy gradually well not in England but gradually getting more expensive uh the further away from production you are and the closer you are to consumption that is a natural phenomena. And so here’s the thing what type of mining machine do methane miners use? oil and gas sites in the middle of nowhere with methane leaking out of drill sites and they have to capture it and burn it. That’s flaring. Or they have this this new opportunity to monetize that energy directly on site by capturing the energy, the methane. uh cleaning it a bit because there can be some impurities that will cause more problems in the generators than than a lot of cleaning and also yeah running that that generator producing electricity to produce uh hash rate to produce Bitcoin blocks to flow that digital energy money into your digital wallet. Now if you are interested in these sorts of things then I recommend you take a look at the hash power academy. We learn about everything and anything to do with Bitcoin from a fundamentals first perspective. And now, interestingly enough, methane mining is that absolute vertical integration, not even from watts to SATs, but also from the natural gas coming out of the ground. So, it’s another commodity layer underneath as well in part of the equation. But the key takeaway for this video is looking at that cost per megawatt with three different types of machine. Now, here’s the thing. On the financial side, a more efficient machine will produce a greater amount of Bitcoin per kilowatt hour because these are the maths side of things on the financial outputs of Bitcoin mining, but we need to look at the energy inputs as well. And that’s going to be the focus of this video. And so here’s the thing. If you have a setup cost of say 500k um of infrastructure set up of deploying a container, a generator and that system of converting methane into electricity. Well, let’s just say 500,000 per megawatt. And then you’ve also including that price of machine on top. Now, here’s the thing. If you are producing your own power, your energy cost is actually about one to three cent one to three cent per kilowatt hour but but it’s in the middle of nowhere so you need some form of solution that can consume the power directly on site and connect to the internet and that’s where Bitcoin mining comes in and why do we burn it well because methane in of itself when it releases up to the atmosphere I think its warming effect is 80 times the strength of CO2 in a 20-year period it breaks down over time so the inevitable solution is to burn it because it’s not economical to capture it and send it off somewhere. There’s there’s more cost in that than its economic value. And so here’s the thing. Bitcoin miners can come and locate onsite, work with or buy or partner with oil and gas producers and monetize that power and also collect carbon credits. So there’s all these other economics that come into play. But yes, let’s look at the economics of the cost per megawatt of three different types of machines. So a megawatt is a million watts. So let’s divide it down. A million watts with a machine that’s producing at 30 watts per terahash, how much hash rate per megawatt are we going to have? Now, this isn’t a standard metric, but it will just help you gain an understanding of how much hash rate you’re going to earn per megawatt, which also helps you understand how much Bitcoin per megawatt you’ll earn as well. 33.3 well 33,000 33 33. So with this efficiency of mining hardware, you’re going to produce 33,000 terraash of compute, which multiply by this amount of Bitcoin that you’re going to earn per terahash per day. You can multiply that out and you would get well $65 per megawatt. I get that right. Now, uh, on the 20 watts per terahash machine efficiency, you’ve got, uh, a million divided by 20, which is 50,000. So, you’re earning 50,000. You’re producing 50,000 terraash per megawatt. And there’s a point to this. Uh, with the 10 watt, we can just double that 100,000. So, you’re producing a 100,000 terraash per megawatt. That means that you can with these machines, you would have a greater quantity of machines with that same megawatt uh site. Now, here’s the thing. Different machines have different prices based on their different efficiencies. So if we uh if we multiply the uh $4 per terahash upfront capex multiplied by the amount of hash rate we need to obviously consume one megawatt. Well that is $133,000.33.3 okay $133,000 per megawatt with the least efficient hardware. And this is the next one. 700,000 700k and uh the most efficient machines producing the most amount of hash rate per megawatt earning the most amount per kilowatt hour. It sounds like the right decision, but here’s the thing. It’s 2 and a half 2.4 2.4 million $2.4 $4 million to purchase enough machines to be consuming one megawatt. And here’s the thing, mining is an opportunity to accumulate a greater quantity of Bitcoin over time. So, if you buy uh machines at $4 a terraash, you want that one terraash of compute, you can scale it to the machine amount. You want to produce $4 worth of Bitcoin at this rate. And this means effectively if you’re just looking revenue without adding and without removing the electrical cost side of things um trying to reach $4 from earning four call it 5 cent per day. Uh that’s a lot easier than uh having the most efficient machine uh that’s costing $24 a terraash and that obviously extrapolates out to the amount of cost per megawatt. So when you combine your setup cost of your generator, container, networking, infrastructure as well, all those pieces all as a flow of uh methane producing electricity to produce compute to produce Bitcoin, you got your $500,000 setup cost combined with one of these three. And so what happens is uh producers of energy will typically buy the more old uh less efficient mining hardware because they just have less capex and also they have extremely cheap power or wasted power in a lot of cases. And so the economics make sense where they’ll make a lot more money by buying the more inefficient machines. And there’s a second reason to this. This requires a high uptime to to to truly achieve that break even point. You’ve got the combination of also the uptime of the machine. And here’s the thing, in a environment such as the middle of nowhere oil and gas field, there might be times where machines go down, get dusty, and all those sorts of things. And so you need a solution to or sorry, you need to choose a machine that has a shorter payback period because machines will just go down. they will get broken. Whatever the reasons are, that’s just the dayto-day of mining. You can keep them really clean, change the filters all the time to prevent as much thermal damage as possible, but you inevitably are going to deal with the the forces of the real world. And so you don’t want to be putting the latest, most efficient mining machines worth millions of dollars in volume on a site that doesn’t have great uptime, has great economics, but those economics aren’t your concern because you’ve got cheap power. Now, I think this will also translate across to those eyeing up the idea of combining say um a solar battery setup, say at home or your off-grid community in the middle of the jungle, whatever it is. If you have access to producing power, the economics of buying the most efficient machines don’t make sense unless you have extremely high uptime. That is the 95 to 100% which call it the 95 to even 99 percentile. You get the gist. Now the other side of that is you also get carbon credits. So you’ve got this yield of earning carbon credits which is based on your energy consumption. you get you combine it with the cheap machines to produce a good amount of Bitcoin even when deducting your your energy costs or your staffing costs which could be say 2 cent per kilowatt hour um when comparing it to the electrical side of things. And this is the key variable here. The network determines what we are paid for exporting that energy onto the internet. And so having the carbon credits aspect, but also this lack of control of our true amount of income per terahash per day, it means that you want to reduce your upfront cost as much as possible. I think I’ll leave it there. Um, if you want a video looking at say the economics of solar battery um, as an upfront setup cost combined with a cheap machine or a really efficient latest generation machine. Um, that’ll be another video, I believe. Um, and also if there’s any of you out there just putting out to the universe that have oil and gas fields, um, and you want to explore methane mining as a potential solution for you and you want some crazy Brit to come and do some content and storytelling and even potential business, you just let me know. And uh, yeah, I’ll leave it from there. Hope you enjoyed this video and I will see you in the next one. Goodbye.

Watch on Youtube!

/by
Why Finance Fumbles Bitcoin: Commodity Truth Revealed | Hashpower Academy

Why Finance Fumbles Bitcoin: Commodity Truth Revealed | Hashpower Academy



Wall Street’s missing the Bitcoin boat! I’m calling out the finance industry’s knowledge gap—BTC isn’t just a digital asset or USD ticker; it’s a commodity with cycles like oil or gold. Forget price hype—Bitcoin’s real pulse is its BTC/kWh exchange rate, the network’s average production cost. I break it down: halvings slash miners’ BTC earnings, doubling production costs (same energy bill, half the reward). Take 2020’s COVID crash—BTC tanked to $4k (production floor), then soared to $8k (new floor). Why? Price frontruns halving-driven cost shifts! From MSTR’s bold bets to Jack Mallers’ Lightning vision, finance pros need this. Watch now—ditch the USD lens, master BTC’s commodity game, and outsmart the next cycle!

Hashpower Academy Donations (Thank You!):
L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Mining/Hosting and other Business Inquiries:
https://calendly.com/terahash/30min

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#Finance
#Crypto
#BitcoinPrice
#MSTR
#MSTY
#BitcoinStrategy
#Bloomberg
#JackMallers
#TwentyOne
#BTCkWh
#BitcoinHalving
#CommodityCycles
#CryptoInvesting
#WallStreet
#BitcoinCommodity
#ProductionCost
#CryptoFinance
#Investing
#BitcoinCycles

Video Transcript:

Transcript Not Available

Watch on Youtube!

/by
3 Levels of Bitcoin Mining: Learn–Earn–Scale | Hashpower Academy

3 Levels of Bitcoin Mining: Learn–Earn–Scale | Hashpower Academy



Ready to mine Bitcoin like a pro? I unveil 3 game-changing steps to dive in, cash out, and dominate—friction-free!

– Step 1: Learn –
Start small with the BitAxe Mini Miner (1TH). Unravel the network’s magic: plug in electricity, churn out hashrate, and watch Bitcoin trickle out. I break down the tech—how it connects, from power to payout. Fancy small wins? Tap L2 Lightning for instant micro-payments. Feeling lucky? Solo mine for a block lottery ticket—your shot at a jackpot! This is your Bitcoin bootcamp—grasp the basics and join the 1%.

I got my Mini-Miner from IXTech (10% off):
https://ixtech.xyz/?ref=JAKE

– Step 2: Earn –
Level up to ASIC self or hosted mining (200TH). Slash your $/TH costs and master the financials: pay those electric bills, score Bitcoin to your L1 wallet—no pesky fees! Whether you host at home or outsource, it’s about steady yields. I’ll show you how to optimise profits, dodge pitfalls, and turn mining into a money machine—small scale, big rewards.

Align a meeting if you are looking to source Hardware/Hosting:
https://calendly.com/terahash/30min

– Step 3: Scale –
Go huge! Produce your own energy with off-grid self-mining—think solar or microgrids—or sync with grid demand response via hosted ops. Snag cheap hardware with futures orders to hedge price dips. From a mini-miner in your closet to city-scale systems, I strip away technical, electrical, and financial headaches. Watch now—be the 1% of the 1% ruling the Bitcoin network!

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#BitcoinMining
#LearnBitcoin
#CryptoInvesting
#EnergyGrids
#SoloMining
#HomeMining
#HostedMining
#compute
#AI
#DemandResponse
#blockchaingaming
#LightningNetwork
#BitAxe
#MiniMiner
#Offgrid
#Microgrid
#HardwareWallet
#blockchain
#blockchaintechnology
#citadel

Video Transcript:

there and welcome to the hash power academy fun fact of the 100% of the world barely 1% have probably got into Bitcoin now if you zoom into that 1% and zoom it out barely 1% of that 1% are into Bitcoin mining and it is to say that if you look back in history the pioneers if you look today the pioneers and if you look into tomorrow the pioneers of the future tend to be the rewarded the most but they take the most upside risk so the first thing to understand about the progressional steps into Bitcoin mining is that mining is the uh the forefront of energy and technology innovation and it takes no prisoners but if you are here to learn that is always going to be the first stage because you can make these two progressional steps less painful in terms of finance your time and energy if you learn all of the absolute fundamentals and everything that can go wrong that’s the key thing if you learn what can go wrong you can understand and move through what’s going right so let’s dive into this very interesting video but first let me introduce myself hello there and welcome to the Hash Power Academy my name is Jake Scandlin i’m the lead educator here and this is a place for you to delve into anything and everything to do with Bitcoin and its underlying network of technologies and commodities you can learn everything to do with how we produce energy transfer it over time how we produce compute power and transfer it over time and how we produce Bitcoin blocks and you can guess the last one last but not least how we produce Bitcoin and transfer it over time all these different components are all interconnected through maths and physics to make the finance component last now let’s dive in so the three progressional steps into Bitcoin mining boil down to what I like to call learn earn and scale before you make the painful mistakes here and here you better learn the basics now the most key important thing is you need to start small start with something that allows you to understand how it all connects together this little guy allows me to understand how much energy it consumes how much hash rate that it produces and how much that earns in terms of a quantity of Bitcoin representative to the entire network i’m going to put it over there so uh the first thing to understand is you are not buying a mini miner to make a profit this is an educational tool and yes they are one chip with a load of components so they are more expensive versus hundreds of chips with fewer components shall we say and so what you need to understand that you are buying something to learn and what you’ll understand is okay I plug it in I consume electricity it produces hash rate ah I need to connect it to the Wi-Fi and connect that to either a pool or solo mining so let’s write pool a mining pool or you are taking the risk of going solo now the problem with going solo is unless you find a block you are not going to earn any bitcoin and the reason for this is well right now if you spent $100 million uh at scale and divided that by $20 per terash you would have 500 no sorry you would have 5 million terraash now the network is $800 million so divide 5 million divided by 800 million and then multiply it by your 144 opportunities per day to find a block you will get an answer of 0.9 so to find barely one block per day you need a hundred million dollars worth of mining hardware so the chances of getting one in a day very very expensive very slim to none in a week month year decade thousands of years even the the chance to find a block with a bit is very very low so the alternative to playing the game of lottery because that’s what it is which is fine you do that the other chance is to use a layer two for payouts now the reason why you would want to use a layer 2 is because a mini miner is going to earn such a small quantity of Bitcoin relative to anything at scale that you would want to well still be paid out but here’s the thing that a lot of the uh the layer one payout I’m going to just use or uh red orange layer one payouts they require you to earn relatively 100 $200 $300 worth of Bitcoin at this moment in time and with a mini miner you were not going to earn that much so the key takeaway here for this entire entire learn chain and everything on hashp power academy YouTube is delving into all these different pieces is you are interconnecting and learning about okay it consumes energy to produce compute to produce bitcoin and I can be paid out or I can play the lottery of trying to find a a block of 3.2 to Bitcoin all the option the optionality is run it into a pool and connect it to a pool that has lightning payouts such as brains uh it goes off to Antpool but anyway that’s a topic for another day um and then when we’re looking at the earn side of things this is this is key and fundamental you could have gone through stage one and bought a mini minor but now you’re looking at the economics this is the important part everything to do with here is learning the technicals with the stage two we’re going into the financials and then with this you’re going more into the electricals so with this you’re understanding okay I want to economically mine which is I want to understand a quantity of bitcoin I could have purchased versus a terraash for example okay how much bitcoin do I want it to earn i want it to earn more uh bitcoin than I could have just purchased in the first place so economic mining is buying the power cheap and producing uh the amount of bitcoin per kilowatt in greater quantity so I can recommend if if your energy is less than 7 cent you have the potential to self mine but you would want to get an efficient machine a low jewels per terahash if you’ve got power at home greater than seven cents it hosting hosting is your your opportunity there but the key thing with with hosting or self let’s just write these in self you might have a solar setup at home here’s the thing this is going to be uh this is going to have different optionalities in all different places but it’s truly down to you the individual if you have your own solar setup already you’ve got excess power and I do invite you if you have a battery solar or net metering setup with the grid anywhere that you have excess electricity available to you mining is an opportunity to visualize that kilowatt hour as a quantity of money an ability to store the money in excess so self or hosted right now the next piece of this is um the type of payouts so this is going to be out of scope for this video but mining pools have different payout types so you’re understanding the economics of if you’ve got cheap power at home yes you could selfmine but the sensible thing is most people don’t have access to power and that’s why most people don’t get into mining and so if you have a hosted setup well you almost also have the option to probably decide which uh payout method you’re going to use the typical ones are F PPP yeah I always have to remember these fps is this is what the network is earning and the mining pool is just paying you on those theoretical profits so it’s not what the actual pool finds itself in terms of blocks and then distributing out to those miners connecting to their pool but actually just what the network is earning and there’s some issues with oh if fees spike and your pool captures those fees but pays you what the network earned which wasn’t that fee average then you’re missing out in certain places but again this is out of scope for this video and the other one would be say P LNS again out of scope this is the pool finds a block distributes that block in layman’s terms but the overall approach here is this is you’re trying to understand the basics here of I’m consuming energy running it through my computer i paid this amount which is not great but it’s an educational tool i could so solo mine and lottery mine or run it into a pool connecting to the pool and getting payouts on layer 2 lightning and then with with a machine you’re looking at the electrical decision under sends seven cents or six cent 5 cent if you’ve got a less efficient machine available to buy and if your if your energy at home is more than seven cent which the majority of people it will yeah it’s uh hosting is your opportunity and then with the price of the machine this is the thing let’s say you bought one a one terraash uh machine for $200 but what if you bought a 200 terraash machine for $20 combine that together you spend a total amount of 200 time 20 that’s $4,000 plus the $200 for this so a total spend with one machine and one Bitax Mini miner you’ve spent two $4,200 and the total amount of hash rate you’ve got is one plus 200 so you do your $4,200 divided by 201 and your average your dollar per terahash average when you’ve gone from this step to that step which is one machine you’ve lowered the cost of this machine by 90% almost by being by lowering it to $20.89 per terahash so yeah just by taking that step from buying a mini miner to buying a whole machine at $20 a terraash you’ve lowered your average price total in in total per terahash to $20.89 $89 per terahash so that’s just a way to move from the oh I pay overpaid per terahash to I’ve lowered it by by going into the financial aspects so just to recap you’re either mining at home because you’ve got cheap power or you’ve got expensive power obviously your only option is host one machine as this example but typical hosting setups yes there’s platforms to buy one machine but with with these computers the more you buy in bulk you’re going to get better prices and so yeah there’s there’s typical sites that’ll offer minimums of you know 10 machine purchase or even 100 machine or even a one megawatt minimum but we’ll uh we’ll go through that in a second your different payout options at the mining pool so you’re sending and exporting your energy onto the internet and you can be paid out on the layer one side of things a couple of transactions per per month there’s different pools that define uh you want to be paid in a certain amount of time uh like say once a month or once a week um or in certain quantity a certain quantity is mined and then they pay it out to which wallet of choosing and typically just about every pool doesn’t charge you for fees so you can be accumulating Bitcoin without fees through the electricity bill that’s another interesting angle now this is where it all gets interesting you you’ve learned the technicals of how it all connects together you’ve learned the financials of how the input cost and output Bitcoin and the machine in the middle that you’re paying off over time and you want to obviously get a cheap uh dollar per terahash rate but the the pricing of machines the less efficient they are the less Bitcoin per kilowatt they earn they’ll be cheaper the more expensive machines the more Bitcoin per kilowatt they produce but you’ve still got to think of that input cost output Bitcoin your profit and how many how many cycles of uh earning profit is it going to take to pay that machine off in in time your payback period so to speak and if you get that far you’ve learned lots and most people will probably just make it to this stage of maybe one machine or a couple of machines or running them at home using it as an electric heater to heat your house or a pool or something like that there’s all different things that can take a lot of time and a lot of interesting directions that you can go with the earn side of this um but this is where it gets interesting the scale how big can this scale well um the basic parts and I think they get more expensive as they go down basically is you could essentially getting those payouts to your own hardware wallet wallet you’re getting payout pays out getting payouts to your own hardware wallet so you’re you’re sovereign in your private key so to speakish um your own node so that’s the data side of things if you are solo mining at this scale which we’ll discuss um you’re going to be storing the data solo mining requires you essentially to store that entire transaction file so this is where you’re delving into nodes so you could be having your own wallet to store the the data money storing the data which verifies your data money and adding those Bitcoin blocks which is you’ve you’re producing enough compute at enough scale to potentially add Bitcoin blocks to the chain in relative periods of time that align to your energy bill because you’ve got to think of this as input energy bill output Bitcoin if you lottery mine one of these you’ll just about never mine a block with this it would take forever but you’d essentially be just constantly paying an energy bill with no economic return this is why we have mining pools and their different payout options and different payout uh levels in in terms of the chain and in terms of the Bitcoin side of things yeah this is uh well hang on I’m going to write solo here and data here i’ve written this the wrong way around so solo node so everything to do with the data um that’s that’s the most important aspect here if you’re verifying uh your transactions your trades your issuance all these sorts of things with your own node your own information and you could be solo mining but this is where it gets interesting because this is more focused on the uh compute side of things that if you’re scaling from hosted to I just want to continue to host there is benefits to scaled hosting and these sorts of benefits are demand response when you’re when you have enough mining machines uh over say one megawatt of energy consumption a thousand kilowatts that’s when you can be exploring the option of doing demand response which is which I’ve discussed on this channel as that opportunity that you have the bitcoin price your production cost and the electrical grid rate sort of in the middle and when the energy price goes above the rate of revenue you you switch off and sell power or underclock and when the price of energy drops below your contractual rate of uh u electricity dollars per kilowatt or megawatt uh when when your when the energy price drops below or goes negative because there’s a load of wind a load of solar but no one’s using power or the prices go negative you will be paid to consume the power on top of that revenue rate of Bitcoin per kilowatt hour and so demand response is is the other side of the trade you’ve got buying energy to produce Bitcoin and then demand response is that the hurdle for this is to be producing about a megawatt where is demand response so demand response is being able to energy trade so with Bitcoin you’re sort of doing financial trade of consume energy in fiat and pay out in Bitcoin and energy trading is you’re selling energy to buy Bitcoin because you can sell the energy in a greater quantity u sorry you can sell the energy to produce or earn or buy a greater quantity of Bitcoin um it’s the other way round and the other side of that is well yeah this is this is the option of being on the grid grid power the other option and this is the fully stacked vertical option is you’re producing your own power could be as small as a single solar panel battery if you want uh cons producing that excess energy running it into your own machine producing your own bitcoin storing that information in your own node and that money in your own wallet that is you vertically integrated from watts to sats so demand response is the grid side but what would be the production side i think it should be micro grids the long-term path is if you producing your own power why not have a community built around that where you are selling power at the rate in which you can turn that energy into Bitcoin so that’s electricity defined on a Bitcoin unit of account and as we scale all different sorts of um micro grids that consume Bitcoin um consume Bitcoin well yes that’s correct the micro grids that uh consume energy to produce compute to produce Bitcoin that defines a price for those kilowatt hours why would that miner want to switch the machine off to sell the power to his local micro grid he would sell it at the rate in which he can earn the quantity of Bitcoin per kilowatt and the more he sells the power the the more efficient the machine gets so he can earn at that even higher rate so the miner is incentivized to earn even more Bitcoin by providing energy abundance at that local level that is so powerful to me but the main thing here is produce your own energy produce your own electricity sell it locally at the rate of revenue of Bitcoin and then that choice between uh using the grid demand response hosting the machines potentially uh that’s a minimum of about a megawatt say 50 pahash which is 50,000 terraash divide it all down that’s 20 jewels per terahash efficiency roughly and so the other option is you’re producing your own power maybe building out your own micro grid uh citadel mini uh off-grid community uh you’re self mining you’re running your own machines and you’re getting these uh machines at a cheaper price this is the other thing this would be the this would be spot buying buying your machine spot or a hardware reseller this is you’re buying at the scale of buying directly from manufacturer which can be uh futures and this is important uh if you’re continually buying over time because if you buy a machine and it’s to be delivered in five six months and you lock in a certain price per terahash let’s say 14 let’s say over the six months that you’re waiting to get your machines because you’re still building out your energy production side and your land and your whatever else uh let’s say the price of machines dropped to $10 a terraash there are manufacturers such as Bitmain that will uh essentially let you hedge the downside price of machine devaluation and they will give you credits essentially to buy more machines from them of course um but it it gives you a hedge if you know you’re going to continually buy more machines into the future you have you have that opportunity to to obviously lock in downside risk mitigation um yeah that’s that’s the overall gist you that might have been a little bit too much but oh well so it’s you produce your own energy run it through your own machine produce some compute connect it to a mining pool or solo mine and pay out in the layer two then you shift to the economics of buying a machine at a great enough volume of hash rate to get that price down earn say you know a decent amount decent payout on the layer 1 blockchain without fees typically and that decision is typically decided by your electrical cost at home or you don’t want to run the machines at home we want to obfiscate the electrical and technical aspects and just put the finance side up which is hosting and then if you want to scale that to producing your own power running your own micro grid to source machines at volume or demand response trade on the grid get uh hedging the downside risk of buying those machines and at a lower price with wholesale purchases and that opportunity to either solo mine or run into a pool and the different options of running your own nodes securing and verifying your transactions and storing that bitcoin in your own wallet uh it can be as optional as optional and simple as something at home that’s small or as big as a city and a uh multi- grid multi- multi micro grids all around the world but they’re all priced at the same quantity of Bitcoin per kilowatt hour i think that’s going to be an amazing future where inefficiencies of trade and logistics are reduced to the point where goods and services trade and money transfers through the internet in the opposite direction thank you for listening i hope this was a very insightful video uh if you have questions drop them down below if you want to get a mini miner I think I have a link in the description of course and if you want to get into hosted mining drop me a call drop me a call drop me a message or an email and I will um address the scale of investment that you’re looking for at those sorts of quantities and give you some form of insight um into what’s available but again not financial advice i’m not a financial adviser and if you want to build a Bitcoin citadel definitely drop me a message because I’m finding I’m finding people all around the world that seem to have this sort of dream in their minds of this energy abundant world and I think that’s what we should strive for because the cheaper energy gets the well everything just gets easier and more abundant and that combination of energy and technology allows us to just operate in a world that is just so much more advanced and progressive towards the future and all the parallels with AI and cloud computing as well thank you for listening i hope you enjoy and I’ll see you in the next one goodbye

Watch on Youtube!

/by
🚨 Bitcoin’s Real Estate Takeover 🚨 Flood or Fortress?!? | Hashpower Academy

🚨 Bitcoin’s Real Estate Takeover 🚨 Flood or Fortress?!? | Hashpower Academy



House prices are spiraling out of reach—4x average salaries decades ago, now 8x! Older folks with homes dodged inflation’s bite, their real estate ballooning with the money supply’s relentless expansion. Meanwhile, young people stare at a property ladder with no first rung—locked out by nonstop asset inflation. What’s driving this? Real estate’s financialization: leverage piled high, mortgages amplifying every dollar printed, a house of cards that teetered in 2008’s crisis and still wobbles today. I dig into this mess—how banks and debt turned homes into speculative toys, leaving a generation behind while pensioners sit pretty.

But here’s the twist—what could crash this party? Picture this: average house prices dipping below 1 BTC. Could that spark a flood of investors ditching real estate for Bitcoin, the ultimate hedge? Or will Bitcoin flood into real estate instead—property owners using BTC as mortgage collateral to shield their homes from the risks of debt money? I break it down: why real estate’s leverage is a ticking bomb, how BTC could tip the scales, and what individuals with mortgages can do—swap fiat debt for BTC-backed loans? Diversify into sats? Watch to uncover the tipping point, protect your wealth, and see if Bitcoin’s about to rewrite the real estate game—or if houses will anchor BTC instead!

Hashpower Academy Donations (Thank You!):
L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Mining/Hosting and other Business Inquiries:
https://calendly.com/terahash/30min

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#RealEstate
#Crypto
#Finance
#HousePrices
#REIT
#BitcoinInvesting
#Wealth
#PropertyMarket
#AssetInflation
#2008Crisis
#MortgageLeverage
#BTCCollateral
#RealEstateCrash
#CryptoWealth
#Pensioners
#BitcoinFuture
#Financialization
#Investing
#MoneySupply

Video Transcript:

is Bitcoin going to flood into real estate in a financialized context of mortgages and collateral or are real estate investors and real estate investment trusts going to flood into Bitcoin selling everything and dumping the market or is it going to be a combination of the two a chaotic storm on the horizon with the debt money system of yesterday and the Bitcoin hard deflationary digital energy money of tomorrow This is going to be the topic of today’s video But first let’s reintroduce myself Hello there Welcome to the Hash Power Academy My name is Jake Scandlin I’m the lead educator here at the academy And this is a place for you to learn anything and everything about Bitcoin but also its underlying network of technologies and commodities We teach from a fundamentals first perspective delving into everything to do with energy Then compute Bitcoin mining which produces all the Bitcoin blocks of the blockchain which issues and distributes that full supply of 21 million fixed units of Bitcoin So the first place to start with this is I’m going to just show you the uh the average house price versus the average salary And I’ve used the UK as an example And as you can clearly see that year over year since uh 1970s particularly that’s an interesting uh moment in time to understand that our debt money well it was disconnected from gold so to speak and uh since that point the average ratio between the average salary per year versus the average house price went from four years to 5 years to 6 years to seven years you can get where I’m going with this to eight years Now what does that mean it means it takes more time for young people for example they have a housing crisis to afford property And those with the property they did well They escaped inflation The expansion of the money supply very much correlates with house prices And with a debt money system that has heavily financialized real estate and mortgages essentially are well if you have a 5% deposit on a house which is the 100% you’re 20x leveraged The price of the house can drop 5% and then you’re in trouble And uh that sort of uh that sort of situation happened in a particular moment of time such as 2008 where uh the bankers uh may have uh ruined a few things and uh the citizens paid for it That sounds great And uh basically these are all the issues of the debt money system But what we also want to understand is what a hard deflationary energybased currency of tomorrow will contribute to this For example the debt money system creates a circumstance where asset prices have to go up because as mentioned if uh the prices drop then people essentially default on their mortgages and that is a very serious societal problem And so the easy solution is to paper over the issues Now when it comes to this sort of asset inflation well where does it end um because you’ve got this tipping point of wealthy people with lots of properties in in an investment portfolio context where one house is a necessity You want to live somewhere Everyone does want to live somewhere And on the other side of that you’ve got young people and the concern of regulators Why are all these young people taking risk high risk with things like Bitcoin well it’s because they see the very same assets that their parents and grandparents purchased Oh I got my house in my 20ies with a couple of pay packets It’s like uh yeah we need to what save for an entire decade And by the time we’ve saved for a decade um the cost of the house is now 15 years for a deposit Uh yeah that’s the problem And so what we need to do is wipe the slate slate clean and understand some of the tipping points with a form of hard deflationary energy money that is entering uh well just about every part of the financial world and every part of the energy sector Bitcoin is on and off every electrical grid across the planet expanding energy and compute in a fixed supply of 21 million units So continual increase in purchasing power And so if we give this a real estate context let’s say right now that it’s about four four bitcoin for one property where do you think the tipping point will be where do you think that that that mindset of okay I’ve got all these properties and on a bitcoin unit of account they are continually declining That the value of a house um in a quantity of bitcoin continually decreases For example there are people that they had hundreds or thousands of Bitcoin early early on and still made in dollar terms millions of dollars for it And so they sold some they sold hundred or a thousand Bitcoin to buy a house And years later they may have sold it but uh they didn’t get 100 or,000 Bitcoin back They got like four And uh it makes you think oh well uh I should have just kept all my thousands of Bitcoin But I think over time we’re going to have this continual rollover of people uh in society investing on spending their Bitcoin on their necessities versus their wants Why own a portfolio of five homes um when you live in one and four others are essentially land banking and that’s what the fiat money system has created in society is um people trying to escape inflation by holding assets assets that other people may want to use as a necessity versus an investment And if uh you own a bunch of multif family homes um there’s an ethical concern there that there’s other people that want that ownership psychology of owning their own place And if there’s an artificial scarcity of properties all being owned by a select few that can create societal problems I’m not saying it’s necessarily bad because if you have the capital to buy it it’s yours That’s that’s our that’s our ownership structure in society And they say possession is 9/10en of the law So I believe that the key tipping point is when the average house price is under one bitcoin I just think uh there’s there’s people that have a quantity psychology that say “Oh Bitcoin’s too expensive I can’t buy a whole one.” You can buy fractional It goes down to eight decimals of of the quantity that you can purchase But I believe that tipping point that when one bitcoin is uh the average house price is less than one bitcoin I think that’s going to open the eyes of a lot of investors And does that create some form of selling event not today not tomorrow but progressively over time where house prices continually drop because there is this flood of other markets and other investments being sold to go into Bitcoin And so if we give this the examples of today right now I think in pounds it’s about 200 to 300,000 uh per house average house price And in dollars that’s like 400 to 500k 500k So yeah if Bitcoin reaches these sorts of levels in dollar terms and we see that tipping point of the average house price at a particular moment in time crossing below the average uh stat statistics published by the government shall we say that the average house price is now less than one whole bitcoin that has to that has to um make someone’s eyes open and it would be a serious tipping event But the other side of that is if there’s other people with mortgages that are leveraged you know if your whatever whatever your debt is versus the value of the house if the value of the houses continually drop to their utility value which is essentially what’s probably going to happen if there’s this flood towards Bitcoin is the debt money system collapses prices back down to their utility value And the utility value of a house is not the current price of the houses at the moment And so that’s a concern So how do we address that concern while still having a debt money system well this is where it gets interesting because right now there’s all different people trying to financialize Bitcoin in the context of real estate So not just uh this flood of money coming from real estate and selling houses into Bitcoin but how Bitcoin could be part of people’s mortgages So that your collateral position is essentially whatever your debt is Whatever your debt is let’s just do a negative there You’ve got maybe this potential Let’s I don’t know what the debt will be Let’s just say 80% you’ve paid off some of it And the value of your house starts at the value of your house starts at um let’s just do a little picture The value of your house starts at the 100% in reference to the 80% you’ve paid off Um but what if house prices drop 20% you’re in serious problems Yes you’re continually paying this off with interest but what if what if a small chunk of Bitcoin was added that’s the that’s the interesting thing because we’re we’re we’re comparing this tipping event where the the the price of Bitcoin in dollar terms because we have to do a dollar-based unit of account with this If the dollar price of Bitcoin is shooting up because there is this flood of money coming uh out of real estate into Bitcoin and demonetizing these sorts of assets one of the healthiest things for individuals to protect themselves uh from the risk of the the collapse of the debt money system in the context of uh investors flooding out of an asset class If you are in that asset class with some form of debt associated to those assets then Bitcoin might just be that hedge essentially against the the the decline of asset of house prices So if house prices dropped uh I’m just going to draw it all out now If house prices dropped but the Bitcoin and your collateral increased it’s essentially a hedge against uh the deflationary uh environment that you’re in that you’ve got this hard hard asset and that that just might help Um real estate isn’t exactly my specialty but I’d love people to dive into the comments with these sorts of perspectives But yeah having having collateral that is a portfolio essentially of different things that just might make the difference Um but what’s the pristine collateral it’s Bitcoin It has its volatility in dollar terms as well So any form of debt that you would have you’d be measuring the dollar value of the Bitcoin which is volatile in space but preserves value over time But I think I think mortgages with Bitcoin are probably one of the best things that could be done and potentially it lowers interest rates as well as it represents itself um in a lower you’re adding collateral versus your debt So you should effectively have um lower risk premiums But we will see I think I’m going to stop it there But yeah I’m very interested to see multiple different assets um drop below one whole Bitcoin Assets of all different size and scale Uh there’s also the one of the market cap of when it outpaces gold and all the other top 10 um assets uh in ranking Yeah Thank you for listening Hope you enjoy Uh go into the comments if there’s anything I’ve missed or not said correctly Please correct me because we’re all trying to learn here So yeah thank you for listening Hope you enjoy Goodbye

Watch on Youtube!

/by
5 Steps to OWN 1 Bitcoin — Start Small, Win Big! | Hashpower Academy

5 Steps to OWN 1 Bitcoin — Start Small, Win Big! | Hashpower Academy



Dream of owning 1 Bitcoin? I’ve got you! In this video, I reveal 5 logarithmic steps—from 0.0001 to 1 BTC—to stack your way up. Learn to slash fees, lock down security, and tailor your grind with block-time goals. Why chase BTC? It’s your ticket to wealth—and I’ll show you how to make it YOURS, step by step. Watch now—start small, win BIG!

Hashpower Academy Donations (Thank You!):
L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Mining/Hosting and other Business Inquiries:
https://calendly.com/terahash/30min

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#Crypto
#1BTC
#BitcoinPrice
#Investing
#Money
#GetRich
#CryptoInvesting
#BitcoinGoals
#StackingSats
#BTC
#CryptoTips
#BitcoinSecurity
#InvestSmart
#CryptoWealth
#BitcoinStrategy
#OwnBitcoin
#CryptoEducation
#BitcoinBlocks
#WealthBuilding

Video Transcript:

hello there and welcome to the hash power academy today I have an interesting video for you to look at the five logarithmic steps these objective milestones 10xing each time to reach one whole bitcoin that is starting with acquiring one 10,000th of a bitcoin then a thousandth of a bitcoin then a 100th of a bitcoinet and then one whole bitcoin now you’ve got to understand there’s two things to consider here that each step is going to take more time and this is because well as you’re going through these milestones Bitcoin is gaining value it’s a currency in fixed supply with energy and compute and dollars all expanding underneath it so when you have a currency with absolute scarcity you’re essentially uh defining a milestone at the top of a mountain that is continually getting steeper as you walk up and so what you have to measure and this video I hope is relevant whether you watch this today as I post it or in 10 years or in a 100 years or even a thousand years that your relativity of yourself as an individual today and what you can earn with your time and energy or your other assets well they’re all going to have a quantifiable amount of money but that is going to diminish over time because Bitcoin is a deflationary energy currency and so it respects and preserves its time and energy and appreciates over time but well your particular moment in time it’s going to have a particular value an exchange rate and so you are objectively uh participating in the unit bias game of going I want one whole bitcoin but that is going to just get harder or in dollars more expensive over time and so I’m just going to take you through some progressional steps as to how you can get to one whole bitcoin if that’s if that’s your goal um or somewhere along the way decide that you’re happy with the amount that you have and the other piece of this to think about is you have to look through the money because you have to think of it like this your income your time and energy into a quantity of dollars or pounds or euros or whatever it is um that’s not the that’s not the first that’s just the first step the second step is well when you go to spend it it seems to buy you less over time and so money is that medium of exchange your time and energy stored in something and it just seems to disappear by the time you reach the point of buying goods and services and so when you think about the quantity of Bitcoin that you want think about the experiences and time and energy that you want to spend in life and that money affording you that ability to do so because time is essentially the scarcest currency that we do have not the Bitcoin but nevertheless let’s go through these stages so different people in the world we all have different ability to access and generate income so sensibly $8 might be a really important milestone to one person but a one-off purchase to another or person living in New York City may spend $800 very quickly but to someone else in the world that’s an entire year’s worth of income or even less and and what this means is that this these goals are going to be specific to each individual person and their ability to locally access um well energy energy resources in monetary form so the first goal is layer two and the reason why I say layer two is you need to be considering the fact that eight or $80 worth of Bitcoin is very very small and this could be essentially a fee that’s that’s the cost of a fee so you want to be using something like the lightning network and being paid on the lightning network just to begin with uh there is a discussion within within that is can we actually be self-s sovereign with uh layer 1 block space getting more and more expensive well there’s the aspects of these layer 2s having quite an extensive amount of decentralization but it’s a it’s an ongoing debate shall we say and the first things here be to to achieve these two steps is is to learn about opening a wallet uh a lightning wallet for example and and learning that’s the key one so we’re going to just write learn learn and acquire so you’re going to have to generate a wallet secure the the 12 words or the 24 words or the private key whichever component that that is provided and secure that small amount of Bitcoin or jump straight to the 80 or $800 Bitcoin part and the layer 2 part is most important because um it’s it’s going to be that layer that’s more for micro payments and small amounts of Bitcoin and so you really want to be focusing on fee optimization with this as well and the second amount of $80 jumping jumping to 1,000th of a bitcoin you could potentially uh use your skills your knowledge and provide it online if you have access to the internet you have the ability to earn money but you’ve got to find it you’ve got to have that curiosity to go out and solve someone’s problem be productive in society and and and see what someone will pay you oh can I pay you in uh can can you pay me in Bitcoin do the work and and settle set settle that internet trade with internet money so to speak now this is the next one $800 or 0.0.1 Bitcoin as of now um this this one’s more about saving in Bitcoin and what I mean by saving is over time um 800 Bitcoin 800 Bitcoin $800 worth of Bitcoin or 0.0.1 not one um that’s going to be something that you accumulate over time so it’s it’s saving in Bitcoin you have your income you have your expenses i hope they’re less than your income and that chunk that’s you’re left over with that’s your your savings what percentage of that you choose to save in Bitcoin should be matching your confidence level if you’re 100% about Bitcoin you could use 100% not financial advice it’s up to you if you’re 50% confidence about Bitcoin maybe use 50% of your savings is always dealing with your expenses lowering your expenses increasing your income and widening that margin but the key thing here as well is you’ve got to measure the amount of blocks between these steps how long in time does it take because remember when you measure when you measure your achievements through these milestones in time you make it individual to you because yes Michael sailor’s buying the next thousand bitcoin 10,000 bitcoin whatever whatever crazy amount others are doing you’re not them we are all to individuals so it’s all about your individual experience and accumulation for yourself because the whole thing about bitcoin is it respects and preserves the time and energy that you put in to acquiring it accumulating it because this fixed supply of 21 million has more energy and compute expanding underneath it so while dollars uh in quantity form buy you less over time Bitcoin affords you more over time so time is always that key component here it’s volatility in it’s volatile in space but uh value preservation in time so what’s the amount of time and we can measure it in blocks between your your your jumps between these milestones and so that next milestone you’re getting from 0.01 bitcoin to 0.1 100th to one/10enth these are really great steps and you should be really proud if you get through these these stages so this one how long did it take you and remember these these steps presumably are going to take longer and longer so if you get to later on in your life and you understand okay this point in the future where 0.1 bitcoin buys you a house um you know this amount of time may this might be 10 years 20 years and if you’re later in your life you go okay that’s not a reasonable goal so having that time measurement in blocks allows you to just understand uh where it’s time to not retire but spend what you have and um and provide it to your your generational your your bloodline um saving yes now the interesting thing about this moment this current sort of value of say $8,000 worth of Bitcoin this is when you should start looking at um the layer one let’s write it in red layer one is uh 800800 800 to $8,000 worth of Bitcoin these sorts of quantities you should be considering this one as well layer one that’s where you can justify spending a bit of it to to store it in in a layer one wallet and and the whole process here is I also recommend you know hardware hardware wallet and you’ve got substantial enough amount of Bitcoin to you should probably be running a node at this point but the al the al the most important piece here that final jump that final milestone between 0.1 and one whole bitcoin um but if if you are just working and saving through life to to to make this jump still we don’t know how long this is going to take and and there could be there’s there’s going to be a slippage what if what if by the time that you get to 0.1 and you’ve got $80,000 you know you’ve now got $80,000 and uh and now a Bitcoin is worth $800,000 as to how long it takes to acquire one whole Bitcoin measure it in time and and the 800,000 goal again it’s not about the quantity that you have it’s about what you want to do with it your individual dreams experiences goals targets business that you want to build maybe you want to build a mining farm I don’t know an off-grid community a citadel um there’s all these sorts of directions but if you can get yourself to one whole Bitcoin you’re going to know wealth and I say wealth as in the ability to afford yourself time in life so that you can explore all the passions and creativity and all of the different things that you want to do in life for example I love to travel i I just want to see the world see all different countries cultures experiences food you name it and um it’s going to cost a lot of money so uh I better start educating lots more people and another piece here about this the um the management of that money we’ve gone from layer two because it’s a small amount of Bitcoin so you don’t want to be paying a high fee to okay I’ve now started accumulating a quantity that justifies securing it say in a hardware wallet um or just store it in a you know store the private key or the words in a piece of metal and whatever your your magical security system is once you start own owning a significant quantity of Bitcoin uh maybe distribute it into several different wallets and and it’s not putting all your eggs in one basket but actually putting your eggs in the same basket but in different places so to speak and uh maybe some multi-IG multi-IG let’s write that in which is uh instead of one private key being able to move the Bitcoin because that’s that’s the power of your private key is the ability to move the Bitcoin if anyone has that access to your key they can move your Bitcoin the power of the private key is the information of it its ability to move the Bitcoin so multi- signature setups is essentially having uh two out of three or four or five or however many different uh private keys that are required to uh all agree to move that same bitcoin and that just provides you security whether you have particular locations or some some other setup or using custodians and banks of Bitcoin banks in the future it’s all down to your uh your wants and needs and desires and risk tolerance and trust if if you do choose to trust other people with securing your money that’s your choice um people are all going to be different and the key thing here is measure these milestones in time not in a quantity of dollars even the quantity of Bitcoin itself is not an objective goal it’s how much time these take uh for you to to to make these jumps let’s write this in multi- sig multi- signature multiple different requirements to uh access the same money this isn’t really a particularly uh niche educational video it’s more just an abstract um progressional progressional video as to how you can preserve your time and energy in a quantity of money and allow you to live the best life that you want to live thank you for listening i hope you enjoy and I’ll see you in the next one goodbye

Watch on Youtube!

/by
Everything Trends to ZERO vs. BTC—Except THIS One Thing! | Hashpower Academy

Everything Trends to ZERO vs. BTC—Except THIS One Thing! | Hashpower Academy



Ditch the fiat goggles! In this game-changer, I measure money, stocks, houses—all trending to ZERO against Bitcoin’s unit of account. Fiat debt money’s a busted ruler, but ONE thing outshines BTC: efficiency & productivity. Bitcoin mining’s assets fade too, yet it yields BTC—rewarding those who master energy and compute abundance.

Hashpower Academy Donations (Thank You!):
L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Mining/Hosting and other Business Inquiries:
https://calendly.com/terahash/30min

Jake’s timeless truth:
“Those most efficient with energy account the most sats.”

Watch now—see why BTC rules and how to win big!

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#Crypto
#FiatMoney
#ethereum
#XRP
#Mining
#Efficiency
#Productivity
#BTC
#Energy
#Compute
#Finance
#Stocks
#Property
#BitcoinMining
#CryptoFuture
#UnitOfAccount
#EnergyAbundance
#StackingSats
#BitcoinEconomy
#CryptoWealth

Video Transcript:

everything trends to zero against Bitcoin except one particular thing What do you think that is well this is going to be the topic of today’s video where we’re going to look at essentially the measurement and quantity of Bitcoin uh to purchase a house stocks fiat currency and the mystery one over here And and basically the reason why this is important is because um right now everyone has their fiat goggles on that you need to remove the dollar measuring stick from your mind because right now that the economy is a bunch of carpenters with a warped measuring stick blaming each other for bad design and uh that that’s the most boiled way to understand all the societal problems of pointing the finger at everything and anyone Um maybe the measuring stick is broken That might be the problem And so what we can look at first is a little interesting insight to there’s a lot of people that made a good amount of money early on with Bitcoin Let’s say they spent early early on they spent a thousand Bitcoin or 100 Bitcoin on buying a property a relatively normal property and they’re happy A house purchase is a necessity if you’re raising a family and you want comfort and ownership I mean the ownership goes back to a government So whether that’s true ownership who knows and basically all these sorts of things where you buy a house for a thousand bitcoin from years ago and then eventually they sell it and go do you know what the one thing I want to hold and benchmark my wealth in is a quantity of bitcoin So they sell it back into bitcoin and now they have only 10% of the original bitcoin in quantity than what they had in the first place And when you benchmark anything to Bitcoin it just continually trends down over time And this is because well Bitcoin is the best performing asset of the decade in reference to stocks So if you compare any stock to Bitcoin it’s going down If you compare any of the other alternative digital assets they’re all going down against Bitcoin And even the top ones like Ethereum and XRP and when I say top ones the the ones that are below Bitcoin they still haven’t made uh new all-time highs against Bitcoin If you look at the Bitcoin to one of these other trading pair uh for for several years and so you get these little hopeful spikes but I’m sorry I don’t there’s no fundamental value And that’s the key thing here If you are new here basically at the hash power academy we teach Bitcoin from the fundamentals first That is going through the energy sector the compute Bitcoin mining aspects and how that produces Bitcoin blocks and issues that full supply of 21 million Bitcoin and that fixed supply unit that absolute scarcity that of engineered money essentially a database of units with a cost to produce These are the most fundamental things as to why Bitcoin is outperforming everyone else because there is continually more energy needed in society There’s continually more computers The difficulty adjustment and network hash rate continually increasing So you got this energy and compute expansion under a planetary scale information system that’s decentralized all around the world Yeah that has true fundamental value And that vertical integration and circular integration with the electrical grids is exactly what we need in society in the 21st century Now so what do you think is the one thing and the one thing only on a Bitcoin unit of account that outperforms Bitcoin which is relevant to today and going into tomorrow what do you think it is well you can hold Bitcoin over time and that is your ownership of a quantity of timeless monetary units or you can accumulate Bitcoin in of itself as a yield Hash power Bitcoin mining is the one thing that can have the potential to outperform Bitcoin if you have efficiency This is most important Efficiency is the name of the game And most importantly even mining machines as the asset itself is trending to zero against Bitcoin But Bitcoin miners are the only ones that can produce Bitcoin So when you combine the asset with the yield you have the potential to outperform Bitcoin over time But you need to understand that mining is an accumulation a yield production of Bitcoin And over time that does diminish So this isn’t a guarantee You need efficiency and good access to power And I do believe that in the future the individual the individual opportunity to mine Bitcoin is going to be at that local level where people vertically integrate their ability to produce their own power run even old mining machines if they have no quote unquote running cost of power if they’ve already purchased the upfront um solar or wind or what whatever it is and those mining machines producing heat for their property locally and that connection to the internet Even if you want to live in the middle of nowhere off-rid I’m sure you want an internet connection or not It’s all up to you This the whole point about Bitcoin is there’s optionality and choice You could just hold Bitcoin and do not not participate in any of this You could run your own nodes store your own blocks You want to be the the the determinator of your own destiny Uh you want some right access that is to produce some compute run a computer and that computer creating heat to keep your house warm And that final piece to integrate all six pieces is to produce your own energy And when people are vertically integrated from energy uh from watts to sats so to speak I believe that is the path where even if the economics of mining were to collapse we’re all we’re all able to produce our own energy produce our own money and trade and transact globally And the best part of this is you could just remove the whole Bitcoin part entirely and go “Oh uh there’s a solar storm The magnet magnetic poles have flipped I don’t care what crazy event that you apply at it.” If you’ve got your own living space where you produce your own energy and can produce your own heat and yes you were connected to money you remove the Bitcoin part and you’re you’re still self sustaining and you have access to goods services resources that you can trade with each other That’s going a bit off the deep end but basically Bitcoin mining is essentially that opportunity to accumulate a greater quantity of Bitcoin over time and with efficiency you can outperform Bitcoin that is the only true fundamental uh intrinsic source to outperform Bitcoin That the participants that add value to the network add more hash rate and energy into the system those are going to be the people that are rewarded with the most Bitcoin because as we all trade and transact Bitcoin we’re paying fees and those fees are being distributed to these people in the network And so essentially Bitcoin over time is this continual redistribution system of you want to trade and transact that information has to be stored somewhere We don’t want one particular person with all the control of that data storage of information money and so it has to be distributed all around the world And that’s why Bitcoin has an energy cost to produce because it forces the decentralization of Bitcoin And so yeah the only thing that can outperform Bitcoin over time and has the potential to be outperform it as a benchmark is to well add energy and compute to the network in an efficient way Thank you for listening I hope you enjoy Um this uh might have been obvious to some people but others might be like “Oh I thought you were going to tell me some random other asset.” No it it’s be efficient be productive and the network rewards you That’s it That is the most timeless quote that you can you can take with you into life If you want more Bitcoin you need to add value to the network Thank you for listening Hope you enjoy Goodbye

Watch on Youtube!

/by
Bitcoin is an ENERGY Currency with Electron Elasticity?!? | Hashpower Academy

Bitcoin is an ENERGY Currency with Electron Elasticity?!? | Hashpower Academy



Bitcoin’s not just money—it’s peer to peer ‘electronic’ cash, an energy currency with a twist! In this mind-bending dive, I unpack its electricity exchange rate and “electron elasticity”—how block rewards set the global energy price, while miners’ hardware efficiency dials in the local BTC/kWh. From watts to wealth, see how Bitcoin rewires economics with arbitrage and abundance. Watch now—discover why BTC’s the ultimate power play!

Hashpower Academy Donations (Thank You!):
L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Mining/Hosting and other Business Inquiries:
https://calendly.com/terahash/30min

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#EnergyCurrency
#Economics
#energy
#physics
#BitcoinMining
#btc
#ExchangeRate
#CryptoEconomics
#Arbitrage
#Finance
#BTCkWh
#Cryptography
#Abundance
#Money
#Currency
#bitcoinenergy
#CryptoFinance

#bitcoincity
#Crypto

Video Transcript:

hello there and welcome to the hash power academy my name is Jake Scanland i’m the lead educator here at the academy and this is a place for you to learn anything and everything to do with Bitcoin from its fundamentals of energy computing and also the financial aspects of Bitcoin its blockchain and the context of its dollarized price we teach those components last but the overall gist of this video is to fundamentally and 100% prove that Bitcoin is an energy currency how and why and what is the dynamics between these well these worlds this physics and finance well we’re going to look at the electron elasticity of Bitcoin which if you are a physicist or an economist you have your own understanding of the word elasticity but guess what Bitcoin is the circular integration of these two worlds of energy and finance with well computing and cryptography in the middle and this is the piece that actually defines one side of the pricing system the the production side of how much kilowatt hours you can purchase with one bitcoin because in the early days Satoshi Nakamoto didn’t go into a platform and click buy and exchange dollars into Bitcoin did he in fact every single bitcoin has been produced through a quantity of kilowatts kilowatts to Bitcoin is the original exchange rate of Bitcoin and as more hash rate joins the network it raises the difficulty it raises the electrical cost to produce the bitcoin and every h havinging comes along and cuts the rate in which the bitcoin is distributed per energy cost and so you’ve got this continual repricing over time of more energy chasing fewer sats and that’s its pricing system if you’re holding bitcoin it represents a greater quantity of energy to produce your purchasing power so to speak and so this video is going to absolutely fundamentally prove that Bitcoin is an energy currency and what we’re going to look at is well the difficulty right now is 121.51 trillion that’s the difficulty the bar the bar has been set and this constant I’ll still explain in another video but that just boils down uh and multiplies out the difficulty to what the current average twoe looking back hash rate is for the whole network which is 869 xahash and when you multiply that again by 23 that converts the amount of exahash being produced at an average efficiency of 23 jewels per terraash into 20,000 megawatt now if you add an hour to that that’s obviously 20 million boil it down again kilowatt hours and if we look at the 144 blocks per day of 450 Bitcoin in total for the whole day that approximates six blocks at 18.75 this is because subsidy right now is 3.125 Bitcoin per block multiplied by six and you get your 18.75 now for easy numbers we are going to keep it in dollars but the most key thing as well to take away from this video is we can remove the dollar this is going to be the second commodity on a Bitcoin unit of account the first commodity is Bitcoin per virtual bite the very use of sending Bitcoin and paying a fee to store that information data in a block that is the first Bitcoin unit of account component of the network take a breath the second component is that exchange rate at to electricity how and why well because Bitcoin is mathematically connected to electricity because the miners are consuming a quantity of electricity their energy bill which has a dollarized price and they run it through a computer to produce hash rate and capture some of this Bitcoin and so their output quantity of Bitcoin is still mathematically connected in that chain and that has a dollarized price so yes right now we’re managing all these things in a world of dollar premiums but we can strip the dollar away from both components and have a quantity of energy traded to a quantity of Bitcoin and the takeaway for this video looking at the elasticity is well how does that price change because right now we can do the 1.5 million Bitcoin being earned per hour by the network and the 20 million kilowatt hours being consumed so this is the input cost and this is the output revenue rate of an hour and if we divide 1.5 million divided by 20 million you get 0.075 so 7.5 cent of Bitcoin per kilowatt hour so if a if a miner was mining at the large industrial scale and he was consuming energy to earn 7.5 cent a kilowatt hour if the price on the grid went to 10 cents why why would he mine why would he consume the power if he has the ability to demand response and sell the power back to the grid and so that pricing system is is already halfway there where the miners are halfway there in Bitcoin Bitcoin’s second unit of account commodity of electricity but what we’re going to show you here is so I’ve just shown you the the the current rate of the amount of Bitcoin earned per kilowatt hour what would happen if 10% more hash rate comes online what do you think would happen so we’re going to do plus 10% and that would obviously add an extra 20 uh sorry an extra 2 million kilowatt hours at this current revenue rate just keep scribbling these out and writing them back in what do you think would happen so the amount of Bitcoin being earned by the entire network um would get diminished on the producer side but what happens to the consumer side those holding Bitcoin that now your Bitcoin essentially represents an even greater quantity of energy to be exchanged at that rate but it’s not that rate anymore let’s in fact take the scenario that yes 10% more hash rate has come online well this price would be if I have it written down 10% more hash rate so there’s 20 that’ll be dividing the 1.5 million divided by 22 million that’s a smaller number which is where is it 0.068 0.0.68 so more hash rate chasing the fewer bitcoin which means more energy chasing that fewer bitcoin which means the rate the 0.068 068 means that the the the the amount of Bitcoin that an individual miner is earning per kilowatt hour has dropped which means that the price that the miner is willing to sell on the grid has dropped so let me just uh just shatter that theory that Bitcoin is going to take over the world and consume all energy no because the more hash rate that comes online it makes the energy cheaper for the miners to sell and they want to sell the energy because if the miner switches off even a portion of the machine’s energy use underclocking the machine it lowers the jewels per terahash which is increasing the efficiency which reprices his exchange rate for his remaining hash rate online which is to say that Bitcoin has a dynamic elastic pricing system to electricity and the miner will make more money by selling the power so his his computer justifies the capacity to be able to buy power in a contract because he can he has the ability to use the power to export it onto the internet but he will make more money by selling it p to back to the grid and so yeah if more hash rate comes online more miners plugging in using more of the world’s energy it makes the price of energy for consumers cheaper more abundant shall we say and let’s do it the other way around what happens if 10% of the network comes offline let’s say uh 10% of the network we’re we’re in this future world of Bitcoin’s unit of account economics everyone’s living in citadels and consuming power and sharing that power to each other based on their consumption of mining and that available energy on their local citadel grid well if uh 10% of that energy was sold because it’s consumed in the households and 10% of the hash rate came offline um in a twoe average what do you think the price of energy does then so the the system the the planetary system is being priced as less energy chasing fewer sats well what this does is it raises the price to buy the energy so there’s less of a supply of energy available to buy in the system because hash rate is essentially a representation of energy that’s available to be purchased this is what I’m trying to get out here of Bitcoin as an energy currency 08 3 when I first figured this out as a concept goosebumps blew my mind but yeah so when more hash rate comes online the price of energy for you to have to pay for that energy from miners in our Citadel grids of the future gets cheaper more supply of energy in the system more hash rate means more energy supply versus that that amount of uh the price the pricing system on the consumption side is the amount of subsidy and fees per block because that’s what the miner is comparing he’s comparing how much can I earn by exporting the energy to the internet to earn the Bitcoin consuming it how much can I earn selling it locally so the the the global price for energy is what Bitcoin sets through block rewards and this defines a price a price that a local person is willing to sell power in abundance and so yeah we’ve got this uh minus 10% so 10% of the network hash rate has switched off it raises the price for energy for you and so you’ve got this elasticity of an energy price of Bitcoin which is not static it’s dynamic and it’s dynamic to how much energy is available in the system represented as network hash rate because hash rate is just a a projection of the energy available in the system let’s do um the final one of saying well what happens if uh loads of fees rush into the uh consumption side people let’s just say it doubles if uh the amount of if the amount of um uh which number should we use 6 to8 let’s just say that this uh doubles this one doubles so it’s 37.5 bitcoin coin so in an hour miners think they have the potential to earn 37.5 Bitcoin which equals 3 million so now we do the 3 million divided by Which one should we do yeah 3 million divided by the 22 million kilowatt hours we’ve just dollarized to keep it easy how much do you think um how much do you think the the kilowatt hour exchange rate will be if more consumption is in the network miners are recognizing that they can earn more well or double so it’s essentially double this price um because I I’ve this figure I’m going to use it to this one in my numbers which is yeah double literally if if uh I’ll keep it simple whatever the hash rate is whatever the energy is underneath that if the block rewards were to double the energy price doubles which basically means you’ve got this interplay between block rewards defining the the the global price for energy and the miner’s local efficiency setting that that exchange rate price based on that global price so the two key components of this are the miner’s local efficiency and the global price and I see places like um Indonesia anywhere that they have um locationbased limitations that I’m sure all the different thousands of islands they have some form of ability to produce power that now there is the potential that if if there was mining machines on all the little islands consuming energy available on the particular islands it doesn’t make any sense to run power lines between all the islands but if they all consume energy at a global rate they have a global they have a global wireless defined price for energy but it’s all u available at the local level and this is the other thing about Bitcoin mining is this computer that has a global price of energy defined and a justified consumer which justifies the buildout of more production because you’ve got this chicken and egg issue it’s like uh anywhere that you want to build out more energy production uh well you need a consumer if you want if you want to spend the millions to build out energy production you need something that consumes the energy a buyer once one this enterprise costs a lot of money produces a lot of energy this one well still costs a lot of money but converts energy into money and so you’ve got this this duopoly of the energy production side where if you want to build out more civilizational infrastructure in your country it has the ability to have two options of to export that energy locally or globally and all of these pieces create this amazing future where well the more hash rate comes online the more uh purchasing power your Bitcoin has and that this is this is beyond the dollar world because as I said at the start that these are mathematically connected so one of the struggles with trying to understand how we price things in bitcoin if if a quantity of bitcoin is already accounted through mathematics and physics and cryptography to a quantity of electricity the pricing system is already naturally there and what this does is well now you’ve got say electricity priced in Bitcoin well now you can delve into accounting carbon credits on a Bitcoin unit of account you could price oil on a Bitcoin unit of account you could price any other derivation of um producing energy because there’s multiple different layers that you can put underneath electricity and other technology components to produce it i think I’m going to stop there it’s probably a bit of a weird and wonderful topic but yeah Bitcoin is an elastic price of energy based on how much hash rate is online because hash rate online being produced by the proof of producing blocks u and the difficulty adjustment the difficulty adjustment essentially represents the purchasing power of your Bitcoin when difficultyy’s going up your your Bitcoin is gaining more kilowatt hour purchasing power but you’ve also got the component of the efficiency of machines is continually um in decline in the sense that these machines are gaining gaining efficiency by consuming less energy to produce more compute so um Moore’s law is not working against you but um essentially that microchips are continually getting more efficient but they al they’re also hitting chip density limits and uh uh that’s going to be an interesting thing in the future but overall yeah less and less Bitcoin every four years but more and more energy so the in a in a couple hundred years one bitcoin will essentially well even to now I I theorize that one bitcoin has the purchasing power of 10,000 years of a single human’s consumption of energy so yes you could essentially retire your bloodline and there is a way to actually mathematically define what that represents thank you for listening i hope you enjoy this video share it to anyone you think would find this of interest um I’m add I’m going to add it to this sheet that I will be sharing on the channel i hope to see you in the next one like subscribe and I’ll see you goodbye

Watch on Youtube!

/by
Traders!! Bitcoin has a Hidden Iceberg: Price Today, AI Power Tomorrow! | Hashpower Academy

Traders!! Bitcoin has a Hidden Iceberg: Price Today, AI Power Tomorrow! | Hashpower Academy



Traders and finance buffs—your Bitcoin price fixation is just the tip of the iceberg! In this mind-blowing dive, I reveal the full network: beyond BTC/USD, tomorrow’s game includes AI agents spending BTC, quantum threats lurking, microchips driving it, grids stabilized by mining, and energy rewriting value. Price is the surface—what’s beneath could flip your trades! Watch to uncover the hidden Bitcoin layers Wall Street’s blind to—your trading edge awaits!

Hashpower Academy Donations (Thank You!):
L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Mining/Hosting and other Business Inquiries:
https://calendly.com/terahash/30min

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#Trading
#Crypto
#Finance
#BitcoinPrice
#AI
#Quantum
#Blockchain
#Energy
#GridStability
#BTC
#CryptoTrading
#BitcoinFuture
#Sustainability
#Microchips
#AITrading
#QuantumRisks
#FinanceFuture
#BitcoinEnergy
#TradingEdge

Video Transcript:

hello there and welcome to the HashPower Academy my name is Jake Scandalan i’m the lead educator here at the academy and this is a place for you to learn anything and everything to do with Bitcoin in the context of finance the price where it’s going to go and how it’s going to get there that’s the interesting piece but you may have also heard of the blockchain different alternative currencies trying to uh explore the use of blockchain technology and all other different things now we focus here on Bitcoin but also from its fundamental layers these are the pieces that you may be missing in your understanding as to where Bitcoin is today and going into the future because if you understand Bitcoin from its dollarized price maybe different trading sentiments and the markets and what Black Rockck and all the other different large institutions are doing what Sailor’s doing that’s just the financial tip of the iceberg underneath the water level the Bitcoin blockchain the depths of all the different technical electrical and financial aspects of how Bitcoin works and the incentives of how it all connects together those are the most important pieces to learn why because if you are a trader for example it’s all based on your information if you know what happens tomorrow you can trade today and that’s not to say that these fundamental levels are going to teach you what happens tomorrow well in some sense you know when the hing’s coming but if you understand that the hing is going to double the production cost and you know that the price is going to not really go below production these are the sorts of things that you might not understand if you haven’t learned Bitcoin’s energy and compute fundamentals and these are the sorts of things that we talk about here at the Hash Power Academy the mathematical connection between electricity compute power and a quantity of Bitcoin being produced on the blockchain now if I have lost you already I’m sorry but this is the key thing here it’s boring stuff if you are focused on the financial side of this that think of a hundred people that you may know maybe one of them actually went deep into mining economics and the maths and physics and blockchain and coding and all these other different subject areas of Bitcoin besides finance if a hundred people that you know in the trading group chat for example and I’m sorry if I’ve targeted traders with this talk but oh well hundred of them maybe one of them has some insight into mining and that same analogy carries across to the world that maybe there is truly one in a 100red people that have got into Bitcoin and learned about it in some way now that one in a hundred multiplies out again that say you pick a hundred Bitcoiners of that 1% barely only 1% of them have actually learned about mining and so you got this 1% of the 1% and the deeper you go into these knowledge areas of all the different pieces from finance all the way down to energy these are the bits of where Bitcoin’s going tomorrow so if you care about holding Bitcoin storing Bitcoin saving in Bitcoin loaning against Bitcoin yield uh accumulation strategies like micro strategy um you’re only going to understand those from a fundamentals perspective because everything in this world is based on the fundamentals you get the basic building blocks of knowledge which delves into energy micro grids grid stability which is what Bitcoin miners are doing the microchip uh technology innovation curve that you know the latest phone comes out and it’s more efficient cheaper quicker faster whatever and it makes all the old old phones um less less expensive um you can boil that down to I want a fast computer you go in the shop you want an even faster computer you’re using software you’re doing gaming you want a faster computer but the underlying technology behind even all of our internet of things sort of world all of those different technology areas are also part of Bitcoin the AI conversation comes into this because what currency do you think AI is going to use that if you have some form of AI that wants to communicate with humans through goods services resources and language models as well what currency do you think it’s going to use is natively digital uh machine learning aggregated logic through this sort of neural network of try trying to speak to you and communicate to you as a human but as a system of if then and else and what currency do you think it’s going to use and where do you think it’s going to communicate it do you think it’s just going to communicate with the blockchain and pay people to do different services that the the the AI can’t do itself or do you think that it’s going to also have an integration on the energy side where the the two biggest constraints with AI are yes the sort of models and processing cost required to to run these models but also the general tasks that is required that when you prompt the AI and ask it to do something there is a computer somewhere out there consuming electricity to give you the answer that energy that energy has a cost and right now data centers are going to be quite limited because of the constraints of the electrical grid net zero policies pushing for more renewables and and more sustainable energy sources and they’re inst they’re instable so you’re going to have a consumer of energy on the demand side such as Bitcoin mining which if you delve into the hash power academy you’re going to learn that Bitcoin mining sets a price for electricity in a quantity of Bitcoin now what do you think AIs are going to communicate their need for both uh financial tasks to be paid in Bitcoin but also to seek energy collocation which is you having AI computers and Bitcoin computers consuming the same energy and the Bitcoin mining machines will switch off because they’re just an economic user of the energy they will switch off to sell that power uh to AI services that will pay that higher rate because everyone’s trying to use AI to make uh pictures of artistic art art styles of every image you can think of um there’s there’s endless topics here microchips AI yeah that’s the sort of compute parallels to Bitcoin mining and then you’ve got compute in of itself hash power on the Bitcoin side which is the delving into cryptography and secure communications uh these are all technology areas that they may seem boring to a lot of people but they’re not it’s how the world works it’s how it lives you get in your car you turn the key without even thinking about the combustion engine and how it works and yes we will get to that world where the majority live in that just operator mode of turn the key and push the pedal and and steer the wheel or well in our electrified world we’re not even going to be steering the wheel anymore we push a button and get that extra hour of sitting on the laptop whilst driving around so productivity gains somewhat and networks as well that if you’ve got these Bitcoin miners deploying compute all around the world data centers all around the world there’s an aspect of mesh nets coming in uh Bitcoin citadels where all the different citadels have their own communication systems between each other so our network communication systems get even more decentralized connect to Elon satellites which need more energy it’s all interconnected but if you just learn this piece on top yes you will ride the wave by holding Bitcoin but if you don’t understand the moving parts and the changes and volatility in these areas how are you going to understand what happens tomorrow which if you trade you need more information really and SH 256 is an interesting one because it delves down the quantum direction of things you’ve got these new innovations in just about every direction and if we if if we uh develop computers that can truly crack SH 256 which would be quite impressive because SH 256 is essentially a larger number than there are atoms in the universe and to break that sort of level of encryption uh would be monumental and Bitcoin being cracked so to speak would be the least of problems there’s nuclear codes and half the internet runs on SH 256 and well yeah you need to understand it to to know where it’s going and when the the news headlines come up oh this is going to happen that’s going to happen this is a concern if you don’t have the knowledge how are you going to be able to action your trades sorry traders I keep prioritizing you as an example but yeah learn about Bitcoin learn about the blockchain but go into compute power mining machines and microchips the AI parallel grid stability where these computers can switch on and off and provide power on a Bitcoin unit of account to such things like AI agents that will serve you in every way we hope and as everything else in everything in society you put in your mouth put in the car put in the plane everything depends on energy we have a currency that continually controls and and objectively tries to price itself against energy the the pro dollar and so energy always has a part of the conversation of the inputs to our economy and our society and finance has all the outputs and if you learn all the pieces in the middle you’ll have a lot more information to action your action your trades shall we say so I hope this was an interesting video it went all over the place but this is what we do at the Hash Power Academy in a more specific structural format with other videos delving into the numbers and it will provide you more information that’s all I’m trying to provide here is a wider scope of information to those that might just have a very tunnel vision financial lens to Bitcoin when the energy and compute sectors create this very powerful trifecta that I have shown as a vertical stack thank you for listening i hope you enjoy and I’ll see you in the next one i hope goodbye

Watch on Youtube!

/by
Is Bitcoin a Distraction?!? [Send to a Non-BTC Friend] | Hashpower Academy

Is Bitcoin a Distraction?!? [Send to a Non-BTC Friend] | Hashpower Academy



Bitcoin: distraction or truth bomb? I dare you—send this to the friend who sent YOU this video (or that non-BTC skeptic in your life)! In this raw chat, I wrestle with it: Are Bitcoiners just lost in hype, or are they the ones asking the REAL questions in a world drowning in distraction, change, and broken expectations? It’s less about coins, more about clarity—Bitcoiners see through the noise. Watch, reflect, share—let’s spark some truth together!

Hashpower Academy Donations (Thank You!):
L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Mining/Hosting and other Business Inquiries:
https://calendly.com/terahash/30min

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#Crypto
#BitcoinTruth
#Philosophy
#Finance
#CryptoPhilosophy
#BTC
#Ethereum
#XRP
#Cardano
#Solana
#BinanceCoin
#Dogecoin
#Polkadot
#Chainlink
#Yield
#RWA
#CryptoFuture
#TruthSeekers
#BitcoinVsNoise

Video Transcript:

hello there and welcome to the Hashpower Academy my name is Jake Scandlin and I have a question for you is Bitcoin a distraction now this is something that could be directed at someone that you know that if if you’ve received this video and you’re not interested in Bitcoin well hello and welcome and if you’re a Bitcoiner and you really are having that question of well is it right to be focusing on Bitcoin so much should I be focusing on something else because that’s essentially the definition of distraction distraction is uh when your attention is diverted away from something else now what could that else other be and the struggle there is well Bitcoin isn’t just some internet money it’s a system of vertically or circular integrating our energy sector you know how everything is produced in society um computers and microchips how everyone lives in society the internet and fast laptops computers tablets tablets and phones you name it and then a secure storage system for all of our transaction information when you send or receive money that’s a piece of information it’s just a database of numbers ones and zeros moving around between different accounts whether it’s a bank whether it’s a Bitcoin wallet it’s all the same but the key differences that well there’s problems in society and the daytoday that people are concerned about are completely valid you’re trying to make ends meet you’re trying to earn money you’re trying to pay your bills your mortgage and everything else of the debt money system and I’m sure you’ve heard these sorts of things as well if you’ve got a Bitcoin partner friend family member but the key thing is this that Bitcoin is looking underneath all of the problems to build a different sort of foundation and if your ears are already closed up then I’m sorry but there’s there’s this key approach to Bitcoin is where we are truth seeking we are asking the questions that need to be asked house prices are they the problem does everyone need a house everyone wants a house so is it the house that’s the problem or is it the price of the house that’s the problem okay so it’s something to do with money food prices we all need food um the price keeps going up so is it the food that’s the problem or the other side of that trade the money and when you start going well hang on why are food prices so high why are house prices so high ah it’s because if you store your time and energy in the money it buys you less over time so the quantity in your bank account can stay the same but the amount that that money buys you when you finally exchange it out into actual real world goods services and resources it buys you less so somewhere between the time and energy that you went to work got up early and broke your back to earn this quantity of database units on in an account that by the time you converted that back into real world things that adhere to time and energy and a cost to produce that some of it disappeared that’s the bit that Bitcoiners are like we need a system where you go to work convert your time and energy into a quantity of money it preserves its underlying time and energy to produce and this is where Bitcoiners step in we’re asking those questions of why is our financial system not fit for purpose why can’t I live like the way my parents or grandparents lived where one salary paid for an entire family of four to live go on maybe one holiday a year save up for different things and enjoy life why is why does the money in between money is 50% of every transaction why is that that that that piece is the problem that’s just at the Bitcoin level but you’ve also got these other levels to Bitcoin which isn’t opinion it isn’t thoughtful fingers crossed dreams of the future of what the future price of Bitcoin is in dollars or whatever else it’s it’s a currency system produced from electricity run through computers to produce blocks of data with a cost to produce so it’s a form of money based on energy and these are the sorts of pieces which create a digital equivalent of money that have a physical connection to the real world so if you’re a farmer is it fair that the government can print money for free for free press a button boop numbers in the account and purchase something that has a cost to produce that adheres to the laws of physics a farmer has to spend half the year 3/4 of the year tending to his crops adhering to time and energy to grow his produce and sell it on the market the government comes along presses a button and can purchase those goods and services that is theft through and through and the difference between these two worlds is Bitcoin introduces a form of money with a cost to produce so it’s digital we live in the digital world it’s scarce it’s fixed in supply all of these different words you may have heard and then that key thing it has a direct alignment to how everything else in society works everything else has a cost to produce you only survive because you put food energy into your body to survive the car only moves because you put energy into it the plane ticket is based on the price of energy everything the the universal currency of this entire universe is energy nothing moves lives breathes walks talks sound energy and are those a distraction i’ve uh got a bit detracted I would say but yeah are those a distraction well uh think of it like this if a person is on the path of learning ecology energy economics hardware software computing the blockchain there’s so many different topics humanities finance economics game theory if someone is actively seeking a broad picture of different knowledge in different areas different subjects and a currency system that integrates it all together if that’s not a person you want to be around I don’t know um but it’s it’s it comes back to that initial thing of the problems that that once you pierce the veil and ask those questions if you’re not comfortable with the truth then the the the world that we’re going into is not going to reward you financially and this is because we’re going toward we we’re in a world of abstract lies the amount of people that that promote this perfect image on Instagram versus the factual reality of their life being quite different the fakeness in society the the disgruntled unhappy despair in the young people that would rather just plug themselves into a video game on the internet than actually face the world that’s what we’re addressed with this mismatch between expectation and reality in life and the only path the only way the pendulum swings is towards truth a form of money with a cost to produce that has direct alignment with everything else in society and if that’s not something to aspire to yes it could be a bit obsessive to those that the first 1% people that truly understand it but the true path of Bitcoin is to come to a point where it’s omniresent it’s everywhere which it already is wherever the internet is there’s Bitcoin wherever there where wherever there’s cheap abundant energy there’s Bitcoin mining and uh that abundance between the digital world and local energy world the input to everything is energy and the output to everything is money and we just live in the boundary layer between these two worlds and all of these sorts of pieces are very important to learn because that’s the world we are going into um I see it from a maths and physics perspective with the finance piece on top i’ve drawn an iceberg because the majority of the world understand Bitcoin as just this financial component and a few keywords related to the blockchain the the 1% of the world that have purchased Bitcoin then you got the 1% of that 1% that actually delve into understanding the layers and these are all the different wise the the why why do we need a money where they cost to produce in energy well it changes us away from a system of trust as in right now credit I think credit literally in Latin means like to to trust trust payment in the future or something like that and uh do you trust the government to pay you something back i don’t um well the money’s not backed by anything and if you can’t address those sorts of questions uh open-minded um yeah we’re shifting into a world that’s focused on truth truth seekers that’s Bitcoiners they are truth seekers uh truth of the money true to themselves true to their health true to their prosperity of their loved ones family friends going into the future uh I don’t think I’ve fully answered that is Bitcoin a distraction but the short answer is no it’s the the first piercing of the veil into the world that we’re going into we live in the information age where everything depends on electricity and the internet and Bitcoin is simply the boundary layer of communication between these two worlds thank you for listening i hope you enjoy and uh if you are new to this sort of content well all the other stuff on the channel is going more into the interesting maths and physics but taught in a uh interestingformational way which is not too technical and complicated but has to introduce all those subjects piece by piece thank you for listening hope you enjoy and I’ll see you in the next one goodbye

Watch on Youtube!

/by
Bitcoin’s Layers (L1-L3): The Money Revolution Unleashed! | Hashpower Academy

Bitcoin’s Layers (L1-L3): The Money Revolution Unleashed! | Hashpower Academy



Bitcoin’s about to flip money as we know it!
In this deep dive, I unpack L1—settlement locking energy money into 10-minute blocks, capped by scarce space (no one’s waiting 10 minutes for coffee!).

L2—like Lightning and Liquid—cranks up transaction speed,
While L3 (think NOSTR) adds social flair.

From watts to wealth, these layers redefine cash—fast, free, and expressive. Watch now to see how Bitcoin’s L1-L3 stack is rewriting the financial rulebook!

Hashpower Academy Donations (Thank You!):
L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Mining/Hosting and other Business Inquiries:
https://calendly.com/terahash/30min

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#Crypto
#LightningNetwork
#L2s
#LiquidNetwork
#SpiderChain
#Money
#Finance
#EnergyMoney
#BitcoinLayers
#BTC
#CryptoMoney
#Layer1
#Layer2
#Layer3
#BitcoinFinance
#CryptoFuture
#Energy
#BitcoinEducation
#SocialCrypto

Video Transcript:

one of the age-old debates that is going to happen today and tomorrow in the context of Bitcoin is why is Bitcoin developing into multiple layers and the first key reason for this is what is Bitcoin bitcoin data money and so the context of everything we’re going to talk about today is the the the fundamentals underneath the Bitcoin blockchain but also why new layers are going to be built on top but first let me introduce myself hello there my name is Jake Scandlin i’m the lead educator here at the Hash Power Academy this is a place for you to learn anything and everything to do with Bitcoin and also its underlying network of technologies and commodities now as mentioned the topic of today’s video is going to be looking at the Bitcoin layers and why they’re going to essentially be built into fruition and this is because there is a data constraint that Bitcoin data money has a cost to produce so it’s a database at this layer one level a series of blocks where transaction information that information your bitcoin in wallets and when you want to move it you have to update that information and we don’t want all the information to be centrally controlled in one location like a central bank because money is just a technology of communicating resources in society we don’t want all of that information centrally controlled in one place we want to have we all have to have a copy of the same transaction file distributed among all of the nodes of the world but who gets to hold the pen of that accounting system it’s the Bitcoin miners all seeking to produce energy all around the world or buy it and consume it to convert and produce compute power which adds Bitcoin blocks to the chain that is that most fundamental layer one and so the question becomes well why do we need a layer two and why do you think there’ll be other sorts of layers such as social layers and layer 3es well it all comes down to this the deeper you go in the layers in relation to you as a person communicating to the Bitcoin blockchain whether it’s paying fees to store in this transaction layer 1 that is settlement layer one is really focused on settlement layer two is more about transaction velocity and what I mean by this is what’s the difference between a fast and everinccreasing volume of transactions such as on the liquid and lightning networks um well the difference between that and the layer one is the layer one is constrained by time blocks are every 10 minutes because the network is constantly trying to understand how much Bitcoin mining compute is online at any minute or every uh two weeks shall we say and if more hash rate comes online blocks accelerate so the difficulty adjustment increases to make the cost to add the next block in the chain more difficult and so there is all of these physics constraints to the layer 1 blockchain and the layer 2 wants to essentially accelerate that that is to say that um a lightning a lightning uh network shall we say is uh like a lightning bolt bouncing between different nodes that all of these different nodes of the lightning network are all connected because they’ve they’ve used the layer 1 blockchain to contractually connect a quantity of Bitcoin between these different nodes and if there is a certain balance of Bitcoin between all of these nodes and you want to send some Bitcoin to this person you can just shift the ownership transfer through the system u between you and that person you’re sending Bitcoin to this doesn’t have the limitation of the 10-minute settlement requirement on the layer one so it’s not adhering to Bitcoin’s uh time constrained physics but it’s constrained in data space because the layer 1 blockchain is where that settlement finality is found so when you’re adding Bitcoin in Lightning addresses and accounts you have to communicate with the layer 1 blockchain if you want to settle the amount of Bitcoin in your layer 2 balance so to speak back down to that layer one you have to communicate with the Bitcoin layer one blockchain but that whole aspect is speed so we’re going to just write these in settlement settlement speed of transaction remember Bitcoin data money all of this is a communication of data for example uh we produce energy transfer it over time produce compute transfer it over time produce data money transfer it over time all of this is a communication of data layer one is constrained by energy space and time 10-minute blocks with a cost to produce to update that information that gives Bitcoin its electron value the layer two is breaching that and and lifting constraining that uh that quantity of bitcoin into a layer two so that uh speed uh is reduced from 10 minutes to almost instant this is what we want and the best finance analogy for this is a clearing house is when large institutions essentially settle their transaction information similar to how the Bitcoin blockchain is settling every 10 minutes these institutions can be can be quite quick during the day but it could take multiple days where two banks have got lots of transactions and trade between each other and they do that settlement finality with a clearing house clearing the the transaction volume that they’ve built up between each other and that that sort of place is not where they’re going to itemize the list of a coffee purchase are they they’re not going to uh settle a coffee purchase so where does a coffee purchase reside in these layers it’s going to be the layer two that makes sense because it’s a transaction that’s important enough to be paid but it’s not a large enough amount of money relative to an expensive good for example if you were purchasing a house that is some form of trade and transfer of the ownership of an asset and that settlement of payment to to pay for it that makes sense on the layer 1 blockchain you need some form of ownership transfer that has settlement finality and this also scales to country level that if Bitcoin is a currency based on energy and energy seems like one of those resources that nations invade other nations uh to control their energy resources and that’s to sustain the power of the fiat money system and price it beyond the gold beyond the gold standard um or even the pricing of say dollars to gold once once they removed the dollar from gold uh they needed some other commodities of very important very high importance to uh the world such as energy so we have essentially a decade’s worth of uh oil oil attachment to the money and that’s because if you stimulate and force other nations to exchange their money into dollars to then buy the ver resource that they want oil it gives this arbit it gives this uh artificial value to uh the fiat currency by pricing it in the thing that everyone wants now if electricity is something that everyone wants and Bitcoin has mathematically connected to electricity what do you think the value of Bitcoin is going to be in the future when you’ve got this fixed supply currency with energy and compute expanding underneath it it reprices that fixed supply money against all of the energy in the system and as you arbitrage trade out of the system it makes different participants in the network more profitable so layer three the social layer uh this isn’t quite uh clear at the moment because the layer twos are just about sort of defining um well everyone’s sort of discovering all these different layer 2s but the interesting thing about the layer 2 they need layer 1 block space it is this is most fundamental whether you’re a platform exchange bank hedge fund sovereign wealth institution you name it everyone needs layer one block space which is produced by pools and miners and that layer three is the utmost highest volume of data pictures music other expressions of human creativity not so much needing to be stored in Bitcoin layer 1 block space not so much maybe stored in layer 2 transaction volume where we’re focused on speed but it’s just that aspect of social i apologize for my handwriting and that social layer is going to be uh needing you know the speed of transactions no one’s going to want to post things and uh wait for it to confirm they want to post something in in the social side of things and so these are the sorts of things such as Nosta nosta is quite interesting a sort of decentralized social media where you can store the data that you want to store essentially on your own uh what your posts and whatnot and it’s using things like uh lightning as as a way of people being able to pay each other if you follow someone you like what they say and talk about um that you can send them a few saps a few sats basically or zaps I think they call them um all these sorts of things of that integration of high volume of data versus scarce amount of data for settlement so it’s the the cost to settle the data uh is more expensive the deeper you go and for the reasons that you’ve got all this transactional noise the the higher you go in the layers but interestingly this is exactly the same concept all this sort of transactional noise that I’m referring to is that yeah everything the Bitcoin blockchain expresses like a funnel of data at Ah and everything on the underside of the Bitcoin blockchain is an expression of energy really uh electrical energy digital energy if you want to call hash rate that and so you’ve got this expression of raw fundamental energy that’s most intrinsic to humanity and the communication of energy and data which um wealth is essentially energy so when you go into money and money is basically Money is basically energy so uh yeah that’s an interesting direction of things so I think I’ve overexlained this basically the overall gist of my scribbles here are the Bitcoin blockchain is energy space and time physics and maths in the digital world which is a complete phenomena in of itself and that trifecta that framework of X Y and Zed builds uh builds opportunity to act as uh as Michael Sailor likes to refer to it’s like a digital Manhattan and that bedrock in the digital world allows transactional data expression to expand and building in layers on top as to the decentralization of the different liquid and lightning and all these others i’m quite interested in uh Babylon chain or spider chain or something at the moment and all these other sorts of things um as to how decentralized they are that’s they’re going to have to push to incentivize people to create and generate uh ver cop create a copy of their transaction information and the more people have the same copy of the same files and there’s no single point of failure that’s the centralization on the digital side and then decentralization underneath that’s very much established we do have centralization issues with pools even with miners uh energy sector not so much because that it’s it’s get it gets more decentralized the further you go from the blockchain on either side i think that’s it yeah layer one settlement layer two speed layer three social hope you enjoyed this video um sorry for the scribbles but uh there we are hope you enjoyed comment section is for you send this to the group chat send it to anyone and everyone you think would be of interest to this sort of stuff uh I’m going to do more on these sorts of videos but yeah this is this is it for now goodbye

Watch on Youtube!

/by
$48K Bitcoin?! The Math That Cracks the Price | Hashpower Academy

$48K Bitcoin?! The Math That Cracks the Price | Hashpower Academy



Is Bitcoin’s $48K price a steal—or a trap? Everyone’s obsessed with BTC/USD, but the real game’s BTC/kWh! In this must-watch, I reveal how low BTC could drop and when to buy—spoiler: it’s when you match the producers’ floor. Miners set the price with energy costs (BTC/kWh), and I break down the math to calculate it. Learn the network fundamentals, master the production floor, and time your buys like a pro. Watch now—crack the code behind Bitcoin’s money!

Hashpower Academy Donations (Thank You!):
L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Mining/Hosting and other Business Inquiries:
https://calendly.com/terahash/30min

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#Crypto
#BTC
#BitcoinPrice
#CryptoInvesting
#BitcoinMining
#Finance
#Investing
#BTCkWh
#BitcoinValue
#CryptoTrading
#StackingSats
#Mining
#BitcoinStrategy
#BTCAccumulation
#CryptoFuture
#BitcoinGoals
#FiatArbitrage
#StoreOfValue
#BitcoinEducation

Video Transcript:

hello there and welcome to the Hashpower Academy My name is Jake Scannon I’m the lead educator here at the academy and this is a place for you to learn anything and everything to do with Bitcoin and its underlying network of technologies and commodities Now the topic of today’s video is more focusing on Bitcoin’s uh energy exchange rate between electricity kilowatt hours and BTC And these two have a very fundamental relationship in the Bitcoin network At any moment of time when the Bitcoin price was nothing and Satoshi Nakamoto what did he do he consumed electricity through his CPU on his laptop or computer We don’t know exactly what he had Um he consumed electricity and exchanged it into the first uh million Bitcoin or so There wasn’t an a dollar exchange rate So Bitcoin to kilowatt is actually the original exchange rate for Bitcoin And I call it exchange rate because it’s not a one-way process It’s not just consume energy to produce Bitcoin but actually it’s being introduced as a uh demand response uh relationship on the grid Miners are switching off when the power kilowatt hours priced in dollars for now um is more valuable to the local grid than what the global network is willing to pay you for the consumption of the power So miners have a direct choice to consume energy export it to the internet globally or sell it locally but we’ll delve into that into other videos So to to calculate the amount of Bitcoin you can earn per kilowatt has two fundamental things Your efficiency of machine your jewels or watts per terash The lower the the watts per terahash figure the more efficient the machine and the higher the amount of Bitcoin per kilowatt The less efficient the machine the more energy it consumes say 30 watts per terahash uh the lower the amount of Bitcoin you can earn per kilowatt because the machine is consuming more energy to produce the same amount of compute which earns a certain amount of Bitcoin These are all mathematically connected pieces So I’m just going to write out the formula because it’ll be much easier to understand So a kilowatt thousand watts If we’re going to move through the layers we need to understand a 1000 watts divided by efficiency So if this computer is consuming 21.75 watts to produce a h a terraash we’re going to divide a,000 by 21.75 So that is allowing us to understand that we’re making about 46 terraash per kilowatt um and 46 terraash produces and earns a certain amount of Bitcoin And this is where hash price comes in Now hash price is essentially how much Bitcoin you can earn per terahash of compute per day So we have a time variable a compute variable and a quantity of Bitcoin earned And we need to divide all of this down So let’s do let’s just draw it up here 455 Well just divide them 455 divided by 843 million terraash multiplied by the price So we’ve got this this direct conversion gets you the quantity of bitcoin If you do 455 divided by 843 you get the amount of bitcoin per xahash But one xahash is 1 million terraash So if we did 455 divided by 843 million and write that out you get the amount of the quantity of Bitcoin per terash per day because this is 144 blocks And if we multiply by price I believe we get a figure of 0.045 So we’re getting our 45 or 46 terraash by dividing a 1000 watts by 21.75 So that’s about 46 terraash Now if we multiply by the 0.045 so we’re earning 4.5 cent of Bitcoin per terahash per day Now if you just did this calculation you’re going to get about $2 worth of Bitcoin per day but we want it in uh per hour So 20 divided by 24 and this gets us to oh let’s draw it below it This gets us to a figure of 0.0 0.0 862 So there you are Now this is very long-winded but it’s requiring you to sort of break down the relationship between between all these pieces Again this dollar component to the kilowatt doesn’t have to be there In the future of Bitcoin it will just be kilowatt hours exchanged to a quantity of Bitcoin and you remove the dollar valuation of the Bitcoin and you remove the dollar valuation of the electricity The it’s a formality at that point But basically yeah you’re earning 8.62 cent of Bitcoin per kilowatt hour Now what if your electricity is 5 cent so for every 5 cent of electricity input cost you’re getting 8.6 cent of output revenue Now what we can do is multiply your input cost which is the production floor in this example and this is your revenue rate You multiply these two figures up to the point of one bitcoin And that gives you because this is a ratio For every 5 cent you’re earning 8.6 cent So if we divide them which gets gives us a ratio and then multiply it up to the Bitcoin price we get a production cost of about uh 80 No 48,000 Am I still on the screen here no 48,000 48,000 roughly So the network average production cost right now with 5 cent electricity with a 21.75 watts per terahash computer with the current network hash rate and network revenue is about $48,000 per bitcoin Now the other thing to know is that not every miner is using 5-cent energy The price on the grid is not always 5 cent So if the price on the grid is 678 cents the miner would be able to switch a machine off at different rates and the different efficiency of machine Right now if you’re using a 30 jewel per terahash machine it’s using more energy and we can we can change this figure for 30 So you do,000 divided by 30 which means you’re earning less hash rate per 5 cent of electrical cost kilowatt hour Same network revenue the same 24-hour day the production cost at uh fact let’s write these in 21.75 21.75 equals 48,000 if you’re a 30 jewel per terahash machine that’s about 66,000 per bitcoin and if you’re the latest efficient machine still using that 5 cent let’s say the 12 jewel per terahash it’s coming up at about 26,000 So there you go The latest generation machines of 12 JW per terahash which means you divide the,000 by 12 which is an even larger quantity of hash rate terraash per kilowatt multiply by the amount of Bitcoin per terahash that you’re earning per day divide it by 24 bring it down to an hour The production cost is $26,000 per Bitcoin But remember that a 30 watts per terahash machine is very very cheap less efficient higher production cost The average is still a good average 48,000 So you’re you’re earning a bitcoin under $50,000 but you have the cost of the machine to contend with And the latest generation machines of 12 jewels of energy cost to produce that output one terraash which earns a quantity of Bitcoin And the interesting thing of this it’s all mathematically connected We can remove the dollar entirely with this This is this is the interesting piece of the future And this calculating this gives you that information that if your electricity at home uh is 10 cent a kilowatt hour uh you wouldn’t want to mine with an average efficient machine because you’ll make a loss Right now with a 12 jewel perahash machine this will rise up to I want to say 15 cent There we go You can write in the comments section if you do a,000 / 12 ultiplied by 0.045 / 24 what is the amount of Bitcoin per kilowatt hour and if it’s more than 15 there you go If it’s less than 15 um and that is about the standard US energy rate I believe about 15 cent a kilowatt And obviously if you want to be producing one well $1 of electricity earns you $2 a bitcoin You would want an electricity rate in this example of 4.3 cent per kilowatt which is very cheap I think I’ll leave it there This is something that I’m definitely going to do I’m going to do another video at some point um on an Excel spreadsheet or something and and attach the the link uh or a Google sheet shall I say and attach the link into the uh the the comment section and allow you to just play and understand with the numbers and and having a a column with all of these facts and figures and as you change them you see what changes in terms of production costs And the most interesting thing here between the production cost and the market price is you can create a percentage between them And that percentage is a very good metric to understanding the good time to buy or not As I said earlier in the video when you’re able to buy Bitcoin at these sorts of prices it’s an absolute steal Not so much stealing it’s you are able to buy Bitcoin at the same rate that miners are producing And what Bitcoin does over time is the older more inefficient machines with higher production costs they get kicked off the network The network pays people who are efficient As you introduce more efficient chips you earn Bitcoin at that lower right rate That is fair If someone is to acquire the money at a lower cost it’s because they were highly efficient and had lots of energy availability Because in the future the aspect of Bitcoin so kilowatt hour being an exchange rate is they can buy the energy to produce Bitcoin at this rate in dollars for now But also if the price of energy goes if the price of energy went to 9 cent why would you consume the power sell it to them at 9 cent instead of earning from the network at 8.6 cent So Bitcoin miners are going to be an exchange rate where the rate of revenue defined by the global network is um a benchmark a price in which external uh transactions can settle and bring that value into the network Because you’re if you’re selling energy at 9 cent to buy 8.6 cent a bitcoin there is a capital inflow into the network by providing a deliverable commodity of electricity to the real world Right thank you for listening I hope you enjoy I I want to know if uh you’ve done this calculation Do a 1000 watts divided by 12 multiplied by 0.045 divided by 24 and you get your Bitcoin per kilowatt hour with the latest efficient machine And if you divide 5 cent by that rate you’ll get approximately I believe $26,000 when you multiply it by the uh Bitcoin price And again I’m going to have some uh charts and metrics and a Google sheet at some point for you to learn even more Thank you for listening Hope you enjoy and I’ll see you in the next one Goodbye

Watch on Youtube!

/by
🚨 Corporate Want YOUR Bitcoin! The Custody Grab Exposed | Hashpower Academy

🚨 Corporate Want YOUR Bitcoin! The Custody Grab Exposed | Hashpower Academy



Big finance is coming for YOUR Bitcoin! In this eye-opener, we break down the custody clash:

Young folks have time and grit but no cash—self-custody’s their fight.
Middle-aged juggle kids and cash but lack hours—how do they pass on digital gold?
The old have time and wealth but no spark—happy to let others hold it.

Enter the giants—Fidelity, BlackRock—building walled gardens to snatch the 21M BTC, Earth’s scarcest energy money. It’s a Hungry Hippo race to hoard it all! Watch to see who’s winning—and how to keep YOUR BTC safe!

🎓 Hashpower Academy Donations (Thank You!):
🟧 L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
⚡ L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Mining/Hosting and other Business Inquiries:
https://calendly.com/terahash/30min

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#Crypto
#Fidelity
#BlackRock
#Finance
#WallStreet
#Institutional
#BTC
#SelfCustody
#CryptoCustody
#BitcoinScarcity
#Investing
#CryptoInvesting
#FinancialGiants
#21Million
#EnergyMoney
#BitcoinWealth
#WallStreetCrypto
#CryptoFuture
#BitcoinHoarding

Video Transcript:

hello there and welcome to the hash power Academy I have a message for you corporate want your Bitcoin and they’ll try anything and everything creating products markets Services Comforts in which you will hand them your Bitcoin or buy it with them and uh as Fidelity have just recently launched a crypto retirement IRA and they promote it as no fees go and check the fine print they charge 1% fee on spreads you buy with them you sell with them that’s 2% one in one out that’s a fee so I don’t know why they’re being very uh fictitious with their advertising but lo and behold these are the sorts of things that these large institutions will do they will offer they’ll offer the world they’ll offer a wall garden and the warning I can say to you is choose your next prison wisely because the key thing here is that different people of different ages are going to want different things people of a younger age that want to self- custody their Bitcoin they’re more comfortable with that idea and the lessons required there are to just go through the processes of getting a hardware wallet or having a wallet generated that’s uh in words and storing those words or memorizing those words but these these do take down take you down a different risk path versus people of a middle to older age they may have kids thinking about how they’re going to pass down their their digital wealth to their kids whether their kids are interested in Bitcoin or not that’s again education and then people of an older age that hold the majority of wealth in the world they are looking more to something that they’re familiar with having a retirement account allowing a institution to handle all their money for them and the the Comforts and conveniences of Taxation and all those other pieces of the the old world and the old world is is the key piece here that again the majority of the wealth of the world is in with people of an older age and I’ll give you a comical analogy for this when you’re when you’re mining Bitcoin when you first you use a mining machine as the analogy of a young person they’re young they’re efficient they’ve got lots of time and energy but they haven’t made any Bitcoin yet they haven’t made any money and as they get older they’re making the most amount that they can as they hit middle Ag and then you’ve got this big stack of Bitcoin and as you’re coming to the end of your your time you got you know you’re young middle-aged you’re old when you’re at this point you’re an old uh less efficient machine you’ve not got long left and you’ve got this stack of wealth and you want to do something with it these are the sorts of uh interesting analogies I can offer and and these are the sorts of things that um again if the majority of the wealth of the world is owned by people of an older age and uh that Capital flow of trillions essentially in in less productive older type of asset classes through the sort of pinhole of the 21 million supply unit firstly we’re going to see these massive changes in the price as Everyone likes to talk about in the financial world of these huge price valuations of Bitcoin you’ve also got that underlying network of energy and compute expanding underneath this that this engineered money on the top is continually easting into the value of value I say the the quantity of uh it’s dollar to Bitcoin exchange rate and the benefits of holding such assets are immeasurable and that’s what financial institutions want they’re going to play this planetary game of Hungry Hippo to accumulate all the Bitcoin they can not just through their own purchases and Acquisitions of companies in all these different layers but also um offering different products Market services to people that custody with them but you’re living in a w garden and there’s still risk because the true the true test of time is your own Bitcoin in your own wallet securing your own private Keys which is just that piece of information your ability to spend the Bitcoin that’s your power with a wallet and if you have your own Bitcoin in your own wallet your own private key um well if uh if uh you trust your kids enough you can just hand it to them so to speak but um there’s there’s it’s one of the biggest issues at the moment I think people are trying to contend with is what they are comfortable with but the key thing here is education the the the default should not be here you go large institution handle all my Bitcoin for me that’s that’s what we want to move away from and it’s good that the younger ages are more pushing for self custody and wanting to be outside the system so to speak but people of a middle age to older age they are more used to such institutions managing their capital and that that transition is not going to be perfect again if the price is going to take off um with some form of acceleration with all this massive adoption from countries and continents even uh into Bitcoin that the exchange rate from dollar to bitcoin is going to go insane what does that do it well it means it’s an incredibly valuable asset a fixed Supply planetary scale energy currency that everyone and anyone wants but the the truest test of time of how you you can keep yours whilst others want to take it is to self- custody and that starts as small as a couple hundred worth of bitcoin with a wallet and just learning it’s a learning curve that’s required you you confronted with the idea of managing your own money it may be a New Concept but if this video inspires just one person to try and attempt self- custody and play around um and and store a little bit of Bitcoin in a wallet understand the private Keys understand how it works maybe go to that next level of a multi signature setup which is essentially two keys that access uh that are required to access the same money and move it um it’s just going to be the difference between you being able to to to live in which the the Young The Young Ones like myself are going to live in the future which is a little bit more leaning on self- custody and that’s not to say that if you really don’t have a comfort of managing your own money that you want to use some form of um solution of a product Market service with one of these large institutions that offer services to to custody with them but for example Fidelity just launched a uh a crypto pension Ira promoting it as no fees and then you go and look at the uh the small print and they charge a 1% fee on all transactions 1% fee on the spread so they buy at $100 they give you $99 that’s fee so you’ve got to also understand that these different institutions are going to promote Perfection on the outside and it you really need to make the effort to understand how they make their money on the inside and it’s those sorts of things that I don’t think it’s deceptive so to speak but it’s it’s it’s not it’s what they communicate is different to what the actual reality is and those are the sorts of things that that I don’t I don’t agree with but anyway this was uh an interesting sort of different direction to go in um just exploring different thoughts and feelings as to different people where they’re at in life and what they want from the world and different uh custody Solutions the key thing is the why even if you go no I’d rather just have someone else manage it for me but you understand the why as to what self- custody is and what it’s for and those Lessons Learned and the different risk trade-offs from all these different methods thank you for listening hope you enjoy and I will see you in the next one good goodbye

Watch on Youtube!

/by
Mining vs Buying: Accumulation Today and Tomorrow | Bitcoin Education

Mining vs Buying: Accumulation Today and Tomorrow | Bitcoin Education



Mining or buying Bitcoin—which rules? I break it down: Buying snags timeless BTC ownership fast, but with fees—99% of us pay the price. Mining? It’s your ticket to stack MORE BTC over time, a physical grind yielding digital gold. Fast-forward: Bitcoin’s set to dominate—trading, transacting, settling electricity bills—as mining locks its value to power, an exchange rate that flows both ways. Today’s choice, tomorrow’s wealth—watch to pick your play and master BTC’s future!

🎓 Hashpower Academy Donations (Thank You!):
🟧 L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
⚡ L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Mining/Hosting and other Business Inquiries:
https://calendly.com/terahash/30min
Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#bitcoin
#Crypto
#BitcoinMining
#MiningVsBuying
#DCA
#Investing
#BTC
#CryptoInvesting
#BitcoinFuture
#EnergyMoney
#BitcoinValue
#MiningYield
#CryptoDCA
#BitcoinPrice
#ElectricityPayments
#CryptoMining
#BitcoinStrategy
#InvestSmart
#BTCAccumulation
#CryptoEducation

Video Transcript:

hello there and welcome to the Hashpower Academy my name is Jake Scandan i’m the lead educator here at the academy and this is a place for you to learn anything and everything to do with Bitcoin and its underlying network of technologies and commodities and what is underneath the Bitcoin price and Bitcoin in of itself it’s got its blockchain it’s got compute power Bitcoin mining electricity and energy production and all of these different technologies and commodities expand out into all manner of different subjects but the topic of today’s video is just going to delve into a direct comparison about the two paths to the same destination do you grow your own food or buy it in the shop do you mine your own Bitcoin or do you purchase it from an exchange platform or I don’t know a friend um and so the first key comparison to understand here is that Bitcoin mining is an exchange rate converting electricity through a computer into Bitcoin and there’s a reason I’ve said exchange rate and we’ll get to get to that at the end of the video it’s a very interesting way of understanding Bitcoin that not many people talk about and the other side of things the fiat to Bitcoin exchange rate with dollars or pounds or all these other different national currencies where you just log into a platform and buy Bitcoin that is a transfer of ownership in space and Bitcoin mining is a yield accumulation strategy of Bitcoin over time and so let’s draw that key comparison in between mining and buying so what I have here is on the x- axis time say one year two year three year and the quantity here is uh the amount of bitcoin one bitcoin here is this dashed line and bitcoin is a form of money on a database the blockchain which is timeless it’s only updated by additional blocks found by bitcoin miners and they are moving around uh the bitcoin that people instruct them to move around that’s the settlement aspect of the Bitcoin blockchain the data inside these blocks um are transactions and those pay fees that’s one component of miners revenue the other component is subsidy everyone’s heard of that full supply of 21 million units well it has to be distributed in approximate 10-minute blocks until that full supply of 21 million is distributed and so Bitcoin miners earn a quantity of Bitcoin over time and for example let’s just say you purchased one Bitcoin’s worth of Bitcoin mining machines well you would start with zero Bitcoin in time maybe an X amount of months so it wouldn’t be exactly from from day one you would uh earn a quantity of Bitcoin and that objective goal to mine Bitcoin versus buy is to accumulate a greater quantity than what you could have just purchased in Bitcoin in the first place this is why producers produce they want to have a lower cost of acquisition or sell it into the market so to speak and if you are the producer you are effectively being more efficient and that’s the key thing here with Bitcoin mining you need access to electricity under 8 76 5 cents per kilowatt hour you need to purchase machines in relative amount of size you need to look at the electrical billing uptime uh in terms of if you are doing it hosted who are you hosting it with if you’re doing it yourself do you have the technical electrical knowledge to learn do you want to start with a smaller item like a a Bitcoin mini miner like a Bitax or one of these home miners which are sort of very plugandplay but those are the sort of things that are um hobby miners where they’re not the price is never you’re never going to achieve this and so they are more educational tools when it comes to larger scale institutional mining they are doing economic mining which is buy energy low and sell it high as Bitcoin or hold it and so let’s look at some of the the comparisons between the two so the first the first thing to understand is Bitcoin is timeless timeless but Bitcoin mining machines it’s a physical good it eventually breaks it’s replaced by newer versions of its of its own machines the difficulty adjustment is continually making the the percentage of the pie of network revenue that you earn smaller and smaller and this is because more competition is joining the network so to speak and the the quantity of Bitcoin per block per day even is getting less and less and so you’re essentially experiencing as a Bitcoin miner this transition uh of earning a smaller quantity of Bitcoin but has a higher dollar and electrical value in terms of its cost and fiat premium price and the other interesting thing about Bitcoin mining is that this line here is a demonstration of profit so that’s to say that you’ve produced a quantity of bitcoin and uh paid the electrical bill by selling bitcoin that is one option where uh the demonstration of that is you’ve mined x quantity of bitcoin and you’ve sold whatever percentage of that to pay the energy bill so to speak the other option is you pay that with additional dollars and that would be keeping the entire quantity of revenue of all the bitcoin you mine and paying the bill with dollars which essentially means you purchase more bitcoin so this this one bitcoin analogy of spending one bitcoin on mining machines every month of billing you’re continually increasing this uh threshold so to speak and so with profit you’re you’re obviously gaining a greater quantity of Bitcoin because you’ve purchased you’ve effectively purchased the Bitcoin by paying the bill with dollars and this also means that Bitcoin mining provides the opportunity of DCA dollar cost averaging essentially where you are also buying the Bitcoin you would have had to sell to pay the electrical bill which means that mining has the benefit of being able to buy Bitcoin through the electrical bill without fees there’s no fee you’re not going into a platform KYC AML and all the other bits and layers and 24-hour cooling down period and whatever else no and what you would have is in effect is this curve would be even steeper but you would be chasing this upper bound line and that intersect is when you’ve effectively mined more Bitcoin than what you could have just purchased in the first place and you’ve got to understand that Bitcoin miners are the hardest believers of Bitcoin because they don’t buy Bitcoin directly they invest in the network they plant their computational seeds and uh wait for wait for the fruit to bear so to speak um and to hold it over time and so yeah the one of the key takeaways here is you’ve got this acquisition method of buying which is the straightforward 99% experience of the majority of people which is to log into a platform pay a small fee and buy a whole Bitcoin as this example goes which is over time that does not change you’ve bought it in space and it preserves value over time when you produce Bitcoin as a minor you’re earning Bitcoin as a yield an intrinsic source of yield from the network itself by settling transactions and earning that freshly mined Bitcoin the subsidy and that benefit of Bitcoin mining is that you are able to buy some Bitcoin without a fee by DCA buying the the the essentially paying the electrical bill with dollars so that you keep the entire stack of Bitcoin that you’ve mined and another interesting thing to understand of why at the beginning I said that Bitcoin mining is an exchange rate is because say for example gold mining is spending1 to $2,000 processing rock to get that 1 ounce of gold which is maybe $2 to $3,000 even more or you know the profit margin between processing a load of rock to earn and extract an ounce of gold you can’t reverse that process you can’t sell that rock for its uh gold value but with Bitcoin you can it’s a reversible trade bitcoin miners are buying energy producing Bitcoin and selling it as a commodity producer you grow tomatoes you sell tomatoes to continue your operation but this is the interesting thing bitcoin mining is an economic user of the energy and the fact that it’s a it’s electricity being converted into a quantity of money this creates a direct exchange rate because these are mathematically connected energy comput and finance are mathematically connected and if you’re interested in this sort of stuff go into the other videos on this channel they delve into the mathematics side of this and the other way round is well if the electricity on the local grid is worth more by consumers that want to pay to buy the energy why mine the Bitcoin sell the power and switch it off to to deliver that power back to uh buyers now in the future on a Bitcoin unit of account what do you think the best currency to trade transact and settle uh payments for electricity will be when you’ve got a consumer of energy Bitcoin miners that are continually seeking to sell their power that arbitrage revenue rate of producing Bitcoin it’s going to be Bitcoin miners why well it’s because Bitcoin miners are delving deeper and deeper into the energy sector seeking to produce their own power as the scale of this industry of Bitcoin mining is in the gigawatt scale we’ve all seen the reports of Bitcoin mining consumes and wastes the energy of an entire nation no there’s an an entire country’s worth of electrical infrastructure built out across the planet and if people don’t think that that’s at least half valuable and that the next sta stage of that is that they branch out and build their own electrical grids and define the price on a Bitcoin unit of account where Bitcoin in of itself has a production cost that continually goes up over time flip it the other way around if you can use your Bitcoin as a consumption commodity to pay for electricity well it means that buyers hold an asset which can buy electricity from the miners that seek to convert the electricity into Bitcoin i’ll say it again bitcoin allows you to buy electricity from comput from miners the capacity of energy they have available and Bitcoin miners have the ability to have that capacity of consuming energy to produce Bitcoin it’s a circular system of energy compute with energy and finance with compute as that internal medium of exchange between these two very important worlds right i’ve gone on a bit of a tangent but the overall gist here is that mining is very specific to people with the technical electrical and financial uh access to do so if you want to start with mining start with a very simple thing like a Bit Axe mini miner or one of these plugandplay ones that may have it connected to a node and go through the process go through it in an educational approach and then start delving into the economics aspect of scaled mining if you’re interested in that sort of thing drop me a message if you want to delve into the economic approach of mining or trying to ask questions about hosted mining or the public miners uh I’m open to questions on those sorts of things and on the buying side is uh we’re seeing the reserves on exchanges continually in decline uh I do have a concern that they’re going to take more risk because if their reserves are continually in decline because people pulling the Bitcoin off not your keys not your coins as they say which is that that harsh lesson that many people have learned that if you trust other people with your Bitcoin that uh well they have the ability to spend it and you don’t because you need to be holding your own private keys that most important piece of data which allows you to unlock that little uh digital encrypted vault defended by energy on a planetary scale thank you for listening i hope you enjoy like subscribe send it to the group chat and I will see you in the next one goodbye

Watch on Youtube!

/by
🚨 Trump Tariffs VS Bitcoin Mining! ⛏️ | Hashpower Academy

🚨 Trump Tariffs VS Bitcoin Mining! ⛏️ | Hashpower Academy



Trump’s tariffs are shaking up Bitcoin mining—big time! I unpack how tariffs spike import costs, flipping just-in-time supply chains from China (think Bitmain, Whatsminer) to just-in-case near-shoring.

But here’s the twist: miners don’t need the US! They chase cheap energy and internet anywhere—tariffs can’t stop that. We dive into efficiencies, energy prices on a Bitcoin unit of account, and why fiat’s grip weakens.

Are tariffs a bust for BTC mining—or a Hidden boost? Watch to find out!

🎓 Hashpower Academy Donations (Thank You!):
🟧 L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
⚡ L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Mining/Hosting and other Business Inquiries:
https://calendly.com/terahash/30min
Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#BTCMining
#TrumpTariffs
#Tariffs
#Crypto
#EnergyPrices
#BitcoinEnergy
#NearShoring
#SupplyChain
#Bitmain
#Whatsminer
#Power
#Money
#Fiat
#Politics
#BitcoinPower
#MiningEconomics
#EnergyMoney
#CryptoMining
#TrumpPolitics

Video Transcript:

well it seems that Donald Trump has kicked up quite a financial energy and compute storm because he has applied tariffs to the world reciprocal tariffs in relation to the uh amount of import export difference between countries and in the context of Bitcoin mining has done a few interesting things both on the producer of Bitcoin AS6 such as Bitmain and Watts Miner but also the consumers of those A6 Bitcoin miners who are seeking to purchase machines in bulk get them at a cheap price and so some form of percentage increase on top of the cost to buy mining machines that could go from 34% up to 60% plus What this does is it changes the economics of Bitcoin mining in the sense of the capex of buying the most expensive part of deploying a mining operation which is the machines And what this is going to do to the decision-m of where to deploy these machines a physical computer that needs to connect to local energy and an internet to export that energy and produce Bitcoin blocks in the world of global finance And what this means for those Bitcoin miners is they have that choice of whether to import machines into the US or to find other places in the world to deploy those computers But also what if that the fact that the US has such great access to energy and geopolitical safety versus uh the lead times to get something else set up in another location another country and other different risk factors on top of that or the grid stability might not be the same There’s all these different moving parts that’s really uh ripping up the script of mining economics But let’s start with this If import right now getting getting machines into the US costs 34% What it does is the the machines that are already available to be purchased through hardware sellers Well they’re going to make some short-term income because the price of machines available to buy in the US are going to go up So if you’re looking to get machines now’s the time if you’re in the US And on the other side of this the producers of those machines the the planet and we could basically say China with this everything with manufacturing has shifted towards China They’ve massively subsidized their input costs for manufacturing at a at a national level And so all of their companies can heavily out compete just about everyone else in the world across the board with just about everything And what this has done is shifted our uh approach to globalized trade from uh more localbased production such as here in the UK We used to produce a lot of stuff and uh I even find old things that say made in England in my grandma’s house that are from like 40 years ago but not anymore Everything’s made in China and it comes within days or weeks And so the supply chain has essentially uh shifted to just in time which means you buy it and it just appears poof Consumption at its peak embodiment uh buying something and it’s there when we need it how we need it and these sorts of tariffs They also lean on the money manipulation side of things which is countries will devalue their currency so that others can buy their currency and buy their goods to essentially stimulate export That the reason why Trump has imposed tariffs which is the cost to import is because he wants to stimulate more export in his country And on the other side of things that export stimulation is these manufacturers such as Bitmain and Watts miner wanting to potentially explore the idea of producing Bitcoin AS6 in the US And so we sort of shift to a a supply chain of just in case that is having multiple different locations to produce the same thing And so you’re hedged with the risk of if you have two different supply chains for the same good well you have more opportunity that if one supply chain has a problem that the other one has uh availability for you And this was very evident during COVID where uh just about everything is produced in China And so when we all need we didn’t really need them but when we needed face masks um and the the backlog and costs to actually find them because no one could produce them because it all got produced pretty much in the same sort of places And when they all shut down everyone realized that they couldn’t really produce anything anymore This also goes on another tangent related to defense that no one really produces the steel and the uh the conversion of that steel into into armor and machinery for for warfare Well uh if you don’t produce anything you don’t you’re depending on others If you don’t produce any food you’re depending on others And that’s the sort of um global collective globalized world sort of thing And with the pendulum has really swung in that direction and it does feel that we are swinging back to more uh nationalization of producing food producing your own money potentially you know bitcoin mining and yeah the the just in case is hedging your risks and from the producer side that’s nearshoring which is moving your production into the US so that you don’t have to pay those tariffs and the reason why Trump can do this at such an extreme level is because the US dollar is the n is the world’s reserve currency and the biggest buyer of bitcoin mining hardware is the US The biggest buyer across the world for many things is the US because they issue the money and goods and services move in the opposite direction of money If you are a producer you send out goods receive money If you are a consumer you pay money receive goods and consume them And what this is going to do in terms of uh different locations on the the Bitcoin miner side is their access their access to power is uh a lead time problem I mentioned maybe just before if you produce um power then great If you produce power outside the US now’s the time because the premiums for buying machines in the USA are going to go up whilst uh machines potentially will go at a discount So we’ll draw this in just for for easy numbers that yeah the the price of machines are going to be very expensive but here around the world they might have a discount because if there’s less demand from the the key purchase the the key manufacturers um selling machines in in majority to the US if that buyer drops out then there’s a a greater supply of machines and and less demand potentially so the prices will drop outside of the US and then that location aspect of things If a Bitcoin miner is a person that has a very global perspective on where they want to be to produce uh or access energy and produce compute to produce Bitcoin that’s their business They might decide to go to places such as Paraguay and other different areas that have an access to power And um yes there’s more there’s more geopolitical risk in those sorts of areas versus the safety of the USA but Trump’s really making things interesting And the other thing is this the more old inefficient machines are cheaper in price So there might be a more justified approach to to send really old lowpriced machines and yes they’ll get tariffed at a high tax rate so to speak but if they’re really really cheap in of themselves and you have access to electricity in the US that’s the only combination because the more efficient the machine the higher the dollar per terahash rate for example the most latest generation machines could be $25 per terahash and that’s producing a quantity of bitcoin but the most the oldest uh least efficient machines could be $2.5 per terahash So if you have cheap or near free power because you produce it yourself now’s the time to get an old machine And also that slowdown of the amount of machines going into the US and being deployed might actually slow down the growth of network hash rate So if the Bitcoin price beyond these geopolitical tensions were to take off hash rate won’t keep won’t hash rate won’t come online as quickly and you’ll see everyone that does have Bitcoin mining compute deployed such as the existing Bitcoin miners They’re going to receive a greater quantity of income relative to more hash rate potentially coming online if tariffs didn’t exist And overall you’ve got this aspect of if the US is the world reserve currency and the ability for any nation to for well essentially forex is that exchange rate between countries of import and export between them and the the exchange rate of their national currencies between different national currencies is is understanding well how much economic flow and relationship between those nations And again if the US is the world reserve currency they are constantly sending out dollars and receiving goods but also nearshoring the manufacturers having manufacturers come into the US on the microchip side of things on the energy production side of things Um all of those different uh manufacturers create closer more circular economies which is another interesting aspect of what Bitcoin is doing that we are creating more closer more intimate circular economies between production and consumption whether it’s electricity and Bitcoin mining or the financial aspects of things and there’s so many different moving parts to this but the key thing is this if you are a Bitcoin miner you’re looking at an extra cost on the most expensive part of your operation ation the machines versus the the cost to deploy the energy the energy infrastructure or just you know transformers and switch gear which are the key components u between the source of power and the actual mining machines themselves the internet side of this is uh is free because uh this this is all on the this is all an issue on the physical side of Bitcoin which is energy electrical infrastructure and the computers themselves everything on the digital side there’s there’s no import export costs on the on the uh digital side of Bitcoin so that access and location these become the key pieces because if uh if the world reserve currency status was to change with the US but they also had nearshored lots manufacturing That would be a very interesting dynamic But a final takeaway I think is this Bitcoin introduces a world where energy has a standardized price And what I mean by that is two identical Bitcoin mining machines one in the US taxed at 34% or somewhere else in the world two identical machines produced by the same manufacturer approximately the same uh name plate hash rate they are going to consume about the same electricity They’re going to produce about the same compute and produce about the same amount of Bitcoin So their pricing system between that global financial consumption of block rewards Bitcoin fees and subsidy um is the same for both computers from the the the block reward level down to the hash rate level down to the the quantity of energy consumed So what Bitcoin does is actually standardize a global price for energy I use the example of two machines that are the same If you have a more efficient machine that price goes up Less efficient machine the price goes down of Bitcoin per kilowatt And so if you have a standardized price for energy it means that manufacturers uh and producers of goods and services that need a lot of electricity when they’re looking at the world as to that access to electricity and electricity potentially being on a Bitcoin unit of account in the future this sort of interplay of global power money and politics would be a little bit more efficient because if the same the same energy is accessible for the same price just about anywhere in the world relative to the the local efficiency of the computers consuming it as that uh first and last buyer of that energy we’re going to enter a more efficient world where where companies have to be productive and offer other different incentives instead of taxation on the import export dynamic And if we are all trading in a world where the costs to produce things are all the same it just removes the inefficient aspects of trade where things are being moved around just because of these sorts of taxation games I think I’ll leave it there I think I’ve talked all different things here Um but the key takeaway is uh this is a very interesting power play where he is nearshoring manufacturing still exporting the dollar bond yields are dropping which is also another financial issue the the debt burden of the US to constantly pay and roll over its debt um at lower interest rates that’s also a potential so this is quite a smart move I will give him that um but in the future on a Bitcoin unit account I think tariffs will be far less less effective if the cost of energy is standardized at a global price based on your local efficiency Thank you for listening I hope you enjoy and I’ll see you in the next one

Watch on Youtube!

/by
It's Time for Change: Find your Signal amongst the Noise! | Bitcoin Education

It’s Time for Change: Find your Signal amongst the Noise! | Bitcoin Education



I’d had enough—months of feeling stuck, craving action, I chopped my hair to kickstart change! In a world rigged to keep us distracted, this video’s my push back—education’s the weapon. I’m here to spark ONE person’s shift, and that’s everything.

Bitcoin’s hard money, energy, and compute cut through the noise—proof we can move forward. It’s personal, it’s collective, it’s now! Watch to break free, learn, and take charge—let’s beat the chaos together!

🎓 Hashpower Academy Donations (Thank You!):
🟧 L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
⚡ L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Mining/Hosting and other Business Inquiries:
https://calendly.com/terahash/30min

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#Change
#PersonalDevelopment
#Improvement
#HardMoney
#Progression
#Adaptation
#Energy
#Compute
#Finance
#Crypto
#BTC
#SelfImprovement
#LifeChange
#EducationMatters
#BitcoinEducation
#MindsetShift
#BreakTheNoise
#ActionableChange
#RiseUp

Video Transcript:

hello there and welcome to the hash power Academy my name is Jake scanland I’m the lead educator here at the Academy and this is a place for you to learn anything and everything to do with Bitcoin now the topic of today’s video is not so much a directly educational Nation some interesting aspects to do with Bitcoin but actually a more zoomed out personal development approach that’s obviously going to talk about Bitcoin and the key thesis behind this video is it’s time for change um if you haven’t noticed I may have cut my hair I uh had well it’s not to say I was growing my hair I just didn’t cut it and uh two years later it got all long and I just thought you know what it’s time for change and there’s all other different aspects to that that I can delve into in maybe other videos that are a bit more interpersonal but uh it does it does build on to the different topics of the Bitcoin Network energy compute and finance everything is changing everything is accelera a in um whether it’s to the individual yourself there is things in your life that you might not be acting upon and you need to because they’re only preventing you from moving forward um whether it’s positive or negative um but moving through the struggle is well moving through the storm is far better than trying to sail around it and that goes to the bigger larger scale of things we’ve got problems with our financial system there is a niche group of people bitcoiners that are trying trying to present to the world a different way that things could be could be done the compute sector is always advancing more microchips more technology more devices to distract us and slap tablets in children’s faces it’s uh there’s a lot of change there’s a lot of societal issues concerns worries and then the energy sector as as we need more energy we need to build more and the different directions on the uh uh carbon side of things that that delving into what’s the right type of energy there’s just so much change in the world it causes depression anxiety and all these other pieces um that are are the byproduct of uncertainty and that is not to say that we’re going to live in a perfectly stable World either I just feel like humanity is moving towards a better world and if we collectively all see that then there has to be something right within that within that idea I for one want to build better cool fun interesting systems um I started this YouTube channel in a sense because I wanted to provide education that I feel that was missing and the other thing about education it has to be exciting but you also need a framework you can’t just teach to The Tool uh Elon Musk famously uh talked about putting an engine block inside a classroom and showing you know nuts and bolts all bolted together and going well how do we take the bolt off oh you need a wrench so instead of teaching this is a wrench and this is what it does it’s boring you go oh you you you apply a problem and you find a solution so reverse engineering so to speak and that’s that’s the other thing about change is you recognize all the problems the the secondary problems and also the fundamental problems and I see that the key fundamental issue in society is broken money you can look at every other issue in society the change the chaos the AI uh uh attack on productivity and replacement of humans goes in every direction the change the worries the concerns but if we stick to uh hard sound money that preserves our energy into the future it truly does change culture and Society because soft money makes us spend it quicker because it’s not worth it’s we in paper tomorrow but hard money has shown historically throughout history a a an approach to seek more value in life um better quality of music of course and I don’t know where I’m actually going with this video it’s just uh yeah the overall gist of this video is it’s time for change and that that could be to you to yourself uh something in your life that you’re wanting to change and and I say this because my approach to teaching something I’ve wanted to do I’ve always thought about I want to be a teacher when I’m 50 years old but I was like why why then why not now and my my thesis with teaching has always been boiled down to this statement if I positively affect just one person then it’s all worth it so this video has not got any specific Direction but I uh I hope you enjoy thank you for listening goodbye

Watch on Youtube!

/by
FCA in ‘CrYpTo’ Warning to Under 35's | Bitcoin Education

FCA in ‘CrYpTo’ Warning to Under 35’s | Bitcoin Education



The UK’s broke—energy’s a mess, money’s tight, and the FCA’s freaking out! A Financial Times piece flags millions of under-35s diving into Bitcoin, calling it “risky.” Their fix? A 5-year snooze-fest pushing stocks and bonds—lending your cash to a sinking gov for a slow bleed. I say: Energy Money’s the answer! Bitcoin ties value to watts, not promises, while the UK’s grid rots and net-zero flops. Watch to see why BTC beats the system—and how the FCA’s missing the real crisis!

🎓 Hashpower Academy Donations (Thank You!):
🟧 L1 Bitcoin: bc1qlgkc4pyrz22cykrx49cmuku3zyy2nuequu6r9y
⚡ L2 Lightning: academy@walletofsatoshi.com

Free Bitcoin Course! (Big Picture Basics):
https://www.hashpower.academy

I got my Bitcoin Mini-Miner from IXTech (10% off with code JAKE):
https://ixtech.xyz/?ref=JAKE

Align a meeting if you are looking to discuss Mining/Hosting and other Business Inquiries:
https://calendly.com/terahash/30min

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#Crypto
#FinancialTimes
#Investing
#Stocks
#Bonds
#Energy
#NetZero
#ElectricityGrid
#BTC
#CryptoInvesting
#UKFinance
#EnergyMoney
#BitcoinEducation
#GridIssues
#FCAWarning
#CryptoFuture
#FinanceNews
#UKEconomy
#BitcoinValue

Video Transcript:

hello there and welcome to the HashPower Academy my name is Jake Scandan i’m the lead educator here at the academy and this is a place for you to learn anything and everything to do with Bitcoin and its underlying network of technologies and commodities now the topic of today’s video we’re going to delve into uh the the most backwards country on this earth called the United Kingdom a crazy little island on the edge of Europe and the two biggest concerns lo and behold are energy and finance which seem to be these two big topics across everything in society and represent well energy is the input to everything in society and finance is the output shall we say and the two biggest issues I can show you here in this free financial times that I got going through the airport is the financial conduct authority uh which is our financial regulator in the UK they have a warning to to young people about crypto because they uh are too concerned at the amount of people delving into things like Bitcoin and they would rather they’d rather start a five-year strategy to make shares and bonds a natural early investment because uh who wants to who wants to take risk and uh invest in owning a global monetary network based on energy uh and expanding across the planet a planetary energy currency versus hand your money to the British government which have the stupidly large debt burdens um an aged population lack of productivity in all their young people and millionaires are leaving yeah uh I don’t think earning interest on declining collapsing currency is of interest to me thank you very much uh and then the se and then the second uh issue of the day being that lack of investment in energy infrastructure heathro which is the largest airport I think in Europe in terms of how busy it is uh they uh they shut down for a whole day because uh they had a single point failure of depending on one local substation which is essentially the national electrical grid converting it down to the local energy level and the substation essentially uh had a fire and it shut down the airport and they needed to depend on it’s not very net zero but they needed to depend on diesel generators I believe to keep running the critical systems and that well energy and finance it just seems like the two key biggest issues and guess what Bitcoin is a system that interconnects the two and creates a circular economy between energy and finance yeah I’m not happy about the date of the the UK i I don’t see much prosperity here in the things that I want to to build work on and talk about such as Bitcoin and its underlying network and the well the key things that I can offer to anyone that’s a decision maker here in the UK or to anywhere in the world for that matter is what is Bitcoin it’s a currency system a unit of account on a database the blockchain but that blockchain is unique in the fact that it has a cost to produce in energy the only thing that adds more more blocks to the chain is energy through compute power and this chain of commodities and technologies from energy to finance they offer so many other different things and benefits to a country for example the UK has this massive push into net zero net zero being the approach to reduce the carbon output of a nation to zero but everything’s made of carbon hating carbon is hating yourself because we’re everything’s made of carbon it’s absurd it’s plant food and at the same time these sorts of policies cost more because it’s not a financial choice it’s a uh potential scientific theory going decades into the future the other concern there is it’s same with the monetary issue is that scientists that talk about net zero uh they get their funding but if you talk in what science is is is opening up the pallet to sort of push towards the truth um if you say anything of critique about net zero or well the scientists don’t just don’t get as much funding i’d be interested to see the funding rates of scientists based on their perspectives on that thing but the overall gist here is that net zero creates instability on our electrical grids because when the sun’s shining you get power when it’s not you don’t what if everyone’s watching the football at the same time that there’s no power being produced we have to then buy it in extreme prices from other countries um because they don’t want carbon emitting power sources and then that issue of have transferring power has cost and so we need more electrical infrastructure and as mentioned that there’s just lack of investment in the energy side of things but here’s an interesting observation what are Bitcoin miners doing they need to buy energy and sell it to a global network but also they wish to sell energy in the future where they contractually buy it from a producer which locks them into an income stream a buyer that will continually buy over time and then sell and distribute that power to other consumers that may need power at certain times and Bitcoin mining defines a price in which those machines those computers the Bitcoin miners are willing to sell that power at a higher rate if you’re earning 10 cent per kilowatt hour why would you why would you consume power at 12 cent a kilowatt the grid will buy it so it’s uh that concept of uh the value of something is what a person’s willing to to to pay for it and if the grid’s willing to pay a higher price why would the computer consuming to produce bitcoins stay on it’s just a direct conversion of energy into money there’s no business in the middle that they need to use the power for so the unique component of Bitcoin mining is that it’s a energy system and a financial system as essentially a ven diagram and compute being that piece in the middle which is just a computer that is consuming energy to produce Bitcoin and it can sell it and arbitrage the other way and that’s the key thing here is that lack of productivity which is uh probably a very key component of the financial conduct authority worried that uh money there’s economic leakage onto the internet so to speak of young people which are going to be the majority in the future if young people are investing outside the nation the only way to have that money cycle back into the nation is potentially through investing in the energy sector side of things changing to regional power pricing is something that uh I believe his name is Greg Jackson of Octopus Energy it’s an it’s an energy company here that they are uh well they’re advocating that instead of having one national price of energy which is set at the highest cost producer to have regional power pricing which is natural normal efficient the closer you are to an energy producer the cheaper your power the further away from an energy producer in the middle of the city where there’s no power production the more expensive your power it creates direct alignment between where it’s produced to where it’s consumed the closer you live to production the cheaper your power and that’s why Bitcoin miners will find their way closer and closer to production or they will seek to produce their own power and that’s the future of the Bitcoin network if you’re vertically integrated in producing your own electricity deploying your own computers on site and exporting it to the internet that’s not just that’s amazing in of itself but that’s just the that’s the first step the next step is well if a local person wants to buy that power he the miner has a very specific mathematically defined rate in which he will sell the power so electrical grid infrastructure and wiring from that site and expanding that is going to be those next steps of advanced evolution of Bitcoin mining that they are going to want to build out a root system to this network of selling power where it’s needed because if you can sell power to someone at a they demand it at a higher price in which you’re willing to consume it into a network it’s everything’s about comparison with this network it has arbitrage on the financial side of being fixed in supply so it’s going to outperform any fiat currency that is continually issued and circulated and priced against everything that is now impossibly expensive to buy such as property in the UK that young people have the steps the the steps have been massively increased that the the average salary in the UK is well pathetic versus the the cost of a house so why I mean this article literally mentions the the amount of risk associated to Bitcoin and digital assets of course the crypto side of things is where the risk is because it’s just a bunch of digital penny stocks versus Bitcoin which is an ocean of liquidity because it has a cost to produce in energy and so the key observation with this is that Bitcoin is a system expanding and deploying energy infrastructure if you observe the Bitcoin price you can go “Oh it went from from nothing up to 80 $90,000 right that’s just the financial lens of understanding it.” On the underlying network side of things you can go “Well hang on bitcoin wastess the electricity equivalent of an entire country.” No for it to for it to be able to consume the electricity of an entire nation that network had to pretty much contractually buy the electricity of an entire nation build out the infrastructure of electricity consumption for an entire nation wiring transformers and every other component associated to that that Bitcoin is a network of a decentralized state essentially decentralized in the fact that it’s all a coordination system to produce compute to produce Bitcoin and it’s deployed across the planet and it’s still working to today and it uses the energy equivalent of an entire nation um if that’s not worth inviting that sort of technology innovation of energy money into your nation state then those interested in those sorts of advancements are going to leave your country and that’s what we’re going to see in the UK on the financial side it’s millionaires and billionaires and whatever else leaving on the on anyone young with half a brain to do with technology and seeing uh trends macro trends of techn technology AI and societal changes shall we say um they’re just going to leave they’re going to find prosperity in a global wireless borderless world and it’s going to move them away from the UK at this present moment right um I think that’s the end of the video I believe um this is more of a sort of sit and talk sort of video um I hope this was an interesting sort of different approach video um hope you enjoy see you next time bye-bye

Watch on Youtube!

/by
Low Fees: Bitcoin’s Silent Killer?! Or Not? | Hashpower Academy

Low Fees: Bitcoin’s Silent Killer?! Or Not? | Hashpower Academy



Are low fees and shrinking subsidies killing Bitcoin? Think again! In this Bitcoin Education drop, we tackle the fear: blockchain use is low, subsidies are fading—yet BTC’s value SOARS. How? We dive into Bitcoin’s energy economics in a post-dollar world. Miners settle electricity on-chain, sparking endless economic activity—mutual incentives that stabilize grids and monetize the network. More power, more value, less fiat noise. Watch to see why holders win big as Bitcoin rewrites the rules!

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#BitcoinEducation
#Crypto
#BTC
#LowFees
#SubsidyDecline
#BitcoinValue
#Mining
#EnergyEconomics
#Blockchain
#GridStability
#BitcoinMining
#CryptoEducation
#PostDollar
#BTCValue
#EnergyMarkets
#BitcoinNetwork
#CryptoEconomics
#LearnBitcoin
#BitcoinFuture

Video Transcript:

hello there and welcome to the HashPower Academy my name is Jake Scandlin i’m the lead educator here at the academy and this is a place for you to learn anything and everything to do with Bitcoin and its underlying network of technologies and commodities so the topic of today’s video is going to look at the decline in subsidy inevitably every four years the h havinging but also the amount of fees per block is really low and that is a concern to some people that the security budget the amount of bitcoin being distributed say per day in 144 blocks that’s the security budget that’s what the miners are being paid to protect the network instead of attack it and all of these sorts of pieces come into the underlying energy conversation of Bitcoin because Bitcoin is produced from electricity it’s its native commodity underneath that electricity is converted into compute converted into Bitcoin a database of money digital hard on the internet with an electrical cost from the real world to produce and these are very important pieces to this discussion because well the miners are the ones protecting the Bitcoin network and adding Bitcoin blocks to the chain now right now the difficulty of Bitcoin that is how hard it is to mine is 113.76 trillion and what you can do with the current difficulty well you can multiply it by this constant and I’ll talk about this in another video but what this gives you is the network hash rate and this is very important because the the Bitcoin software is trying to make sure that blocks are every 10 minutes it’s regulating time by understanding how much compute is issuing space so to speak with an underlying energy cost so every time you see the difficulty measured in t you can just multiply it by 7.15 and you’ll get the average network hash rate now that we’ve got this network hash rate we can multiply it by say a mining machine with an efficiency of 20 jewels per terahash um which if you multiply that out that is 16.2 16,286 megaww so that is network energy at a conversion rate of 20 jewels per tash network hash rate and the network revenue and why did we use the diff why did we use the difficulty uh metric because it is the signal amongst all of the noise the fiat price of Bitcoin is always changing fees are always changing the efficiency of Bitcoin mining hardware is always changing to the downside because lower lower jewels per terahash means less energy to produce more hash rate output uh the grid is always fluctuating in its energy usage and that continual expansion of energy and compute underneath a constrained quantity of 21 million but at a pricing system of the rate of Bitcoin being mined per day or per hour these are all very important now here’s the other thing if you want to price this um against a bitcoin we can say well 450 bitcoin is about well 450 bitcoin per day 144 blocks divide them both by 25 and you get six blocks per hour once every 10 minutes approximate and that is uh 18.75 bitcoin per hour so 16,000 megawws of power is earning 18.5 bitcoin per hour so if you divide this out the current uh exchange rate I’m going to put that there the current exchange rate of one bitcoin to energy right now and we’ve discussed this in other videos is 868 megawws per one bitcoin and you can multiply 868 by 50 $50 a megawatt and there you go you get your dollar production cost but we’re not about the dollar in this discussion everything I’ve shown you is raw uh units and maths of Bitcoin related to electricity now this is where it gets interesting the discussion of today’s video the amount of fees per block is fluctuating subsidy we’ve got it guaranteed per block distributing out over the next 100 years until there’s zero subsidy so fees inevitably take over at some point but these are all moving these are all moving the difficulty adjustment is the software itself defining its constant for the next two weeks and so what happens uh when this the next h havinging comes along now we have let’s just say that hash rate doesn’t change but hash rate has gone up hundreds of percent over the last couple years so to assume that there’s going to be more energy and more compute being priced against an even smaller quantity of bitcoin but for this example let’s just say that the network doesn’t increase which would actually increase these values even more well what you would get is a pricing system of double half the amount of Bitcoin priced against the same amount of energy if you divide uh this figure by what was it uh it’s getting smaller now 9.375 bitcoin per hour then one bitcoin is priced against 1700 megaww so that’s 1.7 million kilowatt hours that’s how much uh electricity you can buy from miners at this efficiency rate and we can keep going smaller with every haring what I’m trying to explain here is that the exchange rate of Bitcoin to electricity means that when there is no fees and just subsidy your Bitcoin allows you to buy more power because every time there’s low fees in blocks the value of your Bitcoin is higher it’s a very paradoxical way to understand Bitcoin and this is because again 450 Bitcoin is being priced across an day which divides down to 18.75 Bitcoin per hour and you divide the amount of energy in the network which is priced against this Bitcoin at a rate of 868 against 225 Bitcoin cut it in half it means for the mining side uh my energy bill my energy rate the energy usage is the same but the amount of Bitcoin I get cuts in half you’ve got to put yourself in the mindset of the person holding the Bitcoin that could potentially buy that energy flip it the other way round you’re holding a Bitcoin and now the rate in which Bitcoin is distributed um per energy consumer cuts in half it means that miner needs to consume twice as much energy for that same rate of Bitcoin and this is important in the context of Bitcoin’s energy economics because if uh the exchange rate of Bitcoin to electricity is continually being well increased to the buyer the holder what it basically means is Bitcoin in the future is a productive commodity if you have a use for electricity and you have some form of intermittent use of energy the best thing you can hold is Bitcoin because it continually gains in value in the terms of the amount of electricity that can be purchased from miners local to you because the physical constraint here is that it’s local energy being priced to global finance inversely uh if you are the producer of Bitcoin you’re consuming energy as a cost to capture some of this daily Bitcoin if the amount of fees were to massively increase uh this raises that energy price that you would now be buying less energy per Bitcoin again it’s a very paradoxical way to think of it and this is essentially what every bull market is in dollar terms the well last cycle the the amount of Bitcoin that you would earn per kilowatt went up to like 20 to 30 to 40 cents of Bitcoin per kilowatt and so the rate in which they would sell that power back to the grid is up to 40 cents which is very high and so from a dollar fiat and debt perspective Bitcoin replaces interest rates with debt money for energy prices with energy money and as I’ve as I’ve said earlier on none of this is to do with the dollar this is completely a mathematical connection of this amount of bitcoin per day divide it by 24 multiply it by the hash rate sorry difficulty um defines the hash rate from uh this constant and then from that amount of hash rate you can multiply it to understand the amount of energy in the system if you are on the mining side of this uh you would use your own conversion rate so if you have your own mining machines you would understand the rate in which you’re willing to sell energy but I’ve used an average because once you start looking at each individual miner’s exchange rate of Bitcoin to electricity a network collective uh value for their energy but a local efficiency conversion rate for their energy you think of it in the context of the amount of uh bitcoin that they will earn for their energy cost but if they have a more efficient machine they earn a greater quantity so the price in terms of energy that they’ll exchange for their bitcoin or vice versa is higher inversely uh energy producers get more older more ine well less less efficient machines and those less efficient machines enable them to uh produce Bitcoin at a lower exchange rate which means that uh if the most expensive most efficient machines are closer to energy consumption and the less efficient machines are closer to production it creates a standardized price for energy which aligns perfectly to our energy system the closer to the producer you are the cheaper the energy the closer to the consumer say the city the more expensive the energy so the energy economics behind Bitcoin are so fascinating and I think I probably probably need to write an entire course that really breaks this down piece by piece but this is to just give you an understanding that as the subsidy cuts in half the amount of uh megawws per per bitcoin increases as you decline the subsidy you increase the purchasing power of Bitcoin and this is actually why every time there’s a hinging event Bitcoin may have a dip but it goes back up to the price in dollars that the new production rate is because if the production floor say in the 2020 hing was I think it it dropped all the way down to 3 to 4,000 but the that was the production floor about 4,000 and the Haring came along and now the production cost is 8,000 so we knew in a couple months time that the new production cost would be $8,000 and if the price was sitting at 4,000 you knew that in a couple months it was going to cost you more than $8,000 to produce a Bitcoin while the price today was four time to buy you’re buying at half the rate that the future miners will be producing at and so that price if you remember just after COVID the price crashed down to 4,000 and shot straight back up to about 8,000 and then stabilized and this is this essentially demonstrates that underneath the price there is this energy economics that few people actually understand unless they delve into the mining side of things i think I’m going to stop it there the overall approach here in the sort of summary is everything to do with the energy is the noise of the network everything to do with fiat and fees they are fluctuating and variable bitcoin’s code its software in of itself has a constant in terms of its conversion to hash rate but also the difficulty adjustment is looking back 2016 blocks at the rate of how quickly in time that they are mined and understanding how much space is entering in the digital world so to speak in terms of hash rate when you take that local conversion you can multiply the hash rate and exash by the efficiency of your machine or the average of the network to understand roughly how much energy is in the Bitcoin network it’s multiple gigawatt and as you repric all this energy against a smaller quantity of Bitcoin you increase the purchasing power the value in terms of electrons that the Bitcoin can purchase now if this sustains and it’s not efficient for miners we could see hash rates switch off but what that does is repric the energy against um well less well there’s less energy priced against more Bitcoin so miners that are online start earning more because the the pie of Bitcoin starts distributing to a smaller quantity so that’s when it’s more incentivized to mine inversely you can understand that if some of this electricity gets switched off it’s using the block rewards as a pricing system but earning that income externally so if you sell to the local grid there’s some form of other aspect but this is where it gets really interesting i believe the best survival mechanism for Bitcoin is to collapse the mirror image which is now we’re showing it here as a circular economy i haven’t added time to these units other than hash rate but this pricing system of bitcoin to energy the conversion efficiency of machines and the amount of bitcoin hash rate is earning you’ve got this energy space and time sort of conundrum of how it all fits together these three are the physical components and these three are the digital aspects and what you can essentially take away from this is the blockchain and the electrical grid are essentially mirror images of each other in digital and physical form and the way Bitcoin stays alive is this circular system of connecting these two worlds and I suppose the best thing that could happen to Bitcoin to stimulate economic activity is because it has a mathematical connection to electricity that and and if the blockchain is a mirror image uh to the electrical grid why don’t we have electricity as a standardized settlement in Bitcoin blocks that they’ve got computers across every grid on the planet and you could essentially use those computers to communicate with the blockchain for its control actions of switching on and off to stabilize grids because if the pricing of energy was defined in Bitcoin blocks you now have Bitcoin’s intrinsic commodity on the blockchain in terms of its trade and settlement and its stability of grids being the very thing that monetizes Bitcoin from external buyers and sellers producing energy to produce compute to produce Bitcoin so hope this was an interesting video it might have gone a bit weird and wonderful but um I I really do think I really do think about these things and um the energy economics of Bitcoin is an entire world that um well developing developing a few things in this direction that I believe that will be intrinsically valuable to the network and the prosperity of it in the future thank you for listening hope you enjoy this video wasn’t too perfect but oh well see you in the next one

Watch on Youtube!

/by
USA vs UK | Bitcoin Strategic Reserve | Hashpower Academy

USA vs UK | Bitcoin Strategic Reserve | Hashpower Academy



Welcome to Hashpower Academy, where we pit nations against Bitcoin’s might! In “USA vs UK | Bitcoin Strategic Reserve,” we compare the UK and USA’s BTC game—holdings, issuance power, and strategic wins.

What’s Covered:
Holdings: UK owns 0.29% of BTC supply, USA ~1%—small stakes, big stakes.

Issuance Power: UK mines ~0% (no hashpower), USA mines 40%—raking in fees and rewards.

Economic Flow: UK leaks wealth, USA gains—BTC as unit of account reveals all.

Energy Edge: USA’s mining monetizes grids, stabilizes demand—UK misses out.

Defense Play: ASICs as cybersecurity—USA’s grid resilience vs. UK’s lag.

Key Insights:
UK’s loss: Near-zero mining = no BTC inflow, pure leakage.

USA’s win: 40% hashpower = 40% of BTC payouts—economic power.

Grid future: USA’s miners bolster energy and security—UK’s asleep.

Why Watch:
See why USA thrives and UK stumbles in Bitcoin’s world.

Finance, policy, energy—BTC’s reshaping nations now!

Join Hashpower Academy to unpack USA vs UK in Bitcoin’s arena—watch now and spot the stakes!

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#Crypto
#StrategicReserve
#UK
#USA
#Trump
#BitcoinMining
#Finance
#PolicyMakers
#Politicians
#Blockchain
#Energy
#Hashpower
#EconomicLeakage
#Investing
#WallStreet
#GridStability
#Cybersecurity
#BTC
#EnergyMonetization
#FinancePolicy

Video Transcript:

hello there and welcome to the hash power Academy my name is Jake scanland I’m the lead educator here at the Academy and this is a place for you to learn anything to do with Bitcoin and everything to do with Bitcoin starting with the fundamentals and the fundamentals of Bitcoin are electricity is converted through Bitcoin mining machines into compute and that compute adds Bitcoin blocks to the chain and what is issued in that process Bitcoin and so we have these three core Commodities of energy compute and finance as in Bitcoin database units and they are all mathematically linked together and this is important in the context of today’s video about the US strategic reserve and for example I’ve made a comparison between the UK and the USA so right now the UK has 61,000 Bitcoin which is. 29% of the total 21 million and the USA has 23,000 Bitcoin which is about roughly 1% now this is where it gets interesting okay the countries of the world all race to accumulate Bitcoin the data money on the blockchain what happens the price in dollar terms races up but the production flaw stays the same or relatively tries to keep up at the rate of physical infrastructure of of well load Center sites of energy being consumed to produce compute which means loads of microchips from China so there is this massive race underneath the price of Bitcoin that any significant accumulation from countries is only going to widen the gap between price and production and that that Gap is what miners will Arbitrage and this is where it gets interesting what percentage of this hash rate is in the USA this isn’t a quiz it’s 40% it’s 40% in the UK I’m going to politely write zero because it’s pretty much zero now this is interestingly in a Bitcoin unit of account approach this is more strategically significant You could argue than this why well this is the amount of subsidy being distributed per 144 blocks which is one day and every 210,000 blocks that cuts in half the harving event which happens every four years and it halves again halves again 100 years later there is no Bitcoin being issued as subsidy and that full 21 million has been distributed and it gets distributed through uh compute power so right now the UK has none so it’s not earning any of this and the and the USA is capturing 40% because it produces 40% of the hash rate so it’s earning approximately 40% of the Bitcoin and this is important because the other component of subsidy is fees and fees are effectively a redistribution in the Bitcoin system it’s inefficiency paying to efficiency and what I mean by that is fees represent some form of consumption I send you uh $100 worth of bitcoin I pay a $1 fee that fee along with all the other fees and the volume is much larger than the small fee that’s paid and redistributed to those producing compute and so if the USA has 40% of the compute all they’re capturing 40% of transaction fees the UK is not why is this important well you pay Bitcoin to pay a fee and so there is a natural economic leakage when you consider the UK side of things where we hold a load of Bitcoin but it can only be spent and yes it’s powerful in of itself it holds all this economic power over these two Commodities that are continually expanding underneath this fixed quantity of Bitcoin to reprice the Bitcoin in Greater quantities of electricity and compute now what’s important for here is although they own 1% % of the supply of Bitcoin they are redistributing the network is redistributing Bitcoin through fees and subsidy on top of that and the US is collecting 40% of it so uh the US is experiencing economic inflow because it it in a sense it holds more Bitcoin um in greater amount in quantity yes but it’s also accumulating 40% of what is continually redistributed in the system and as we transition away from subsidy and more onto fees and fees represent people of the world all sending and receiving Bitcoin and those fees are essentially a red redistribution mechanism based on efficiency well the US is uh sorry the UK is is going to really suffer because we don’t we don’t produce compute as a as a country in a sense and so we are suffering economic leakage whilst the US is uh experiencing in the benefit of economic inflow so the approach of this video is I’m trying to say that the US strategic Reserve needs to consider the amount of Bitcoin it holds but also the amount of issuance power because that’s essentially what compute power is it’s issuance because with Bitcoin you pay to store your transaction in a block when you produce compute power you produce the blocks you decide what goes in a block you hold the pen of the accounting system for 10 minutes and that ability to issue uh new Bitcoin into circulation and settle people’s transactions or settle your own transactions in your own country that may be the the path of Bitcoin mining pools whether you’re for or against that that would be the case because they will want to retain issuance power within the network and this is why Bitcoin mining is decentralized it’s smashing the central banking system issuance power into a thousand pieces and people are picking it up in 144 blocks per day and the third component of this is well um Bitcoin miners uh representative here as 800 xash of compute multiplied by 23.5 Jew per terahash that is converting xash into megawatts which comes up with 18.8 gws when you make it even larger in the units 18.8 gaw that is an insane amount of power that’s the uh Power of an entire country as the news and media like to say which means that there’s an entire country’s worth of energy infrastructure under this network all across the world and uh well the US is continually building this out the US is 40% of that uh approximately and the UK is not so they are not getting the benefits of grid stability that the miners can offer because mining is is buy energy sell Bitcoin because you’ve turned the computer on and consume that power that you purchased but inversely they can sell the power and buy the Bitcoin with the machine off they’ve sold the power so they’ve sold the power back to someone else on the grid but the computer there in the first place is what allows them to get that power contract and these pieces are very important because it requires uh it requires Bitcoin mining to be local because that’s where it is bit Bitcoin mining is loc local and the blockchain is global and all these different pieces ensure that you have um currency units which um if you have compute power you’re earning the issuance of the global monetary Network to your local country so right now obviously the UK is suffering Bitcoin unit of account economic leakage and the US has the benefit of 40% of all the fees going to them but they also have the grid stability aspect of um all the 40% of this power effectively being um available to be sold at that theoretical amount not every minor is able to sell power but I do see that path in terms of a strategic Bitcoin Reserve acknowledging the energy and compute layers of the network to use the the cryptography and security of the Bitcoin blockchain as a communication system to miners all across a country and actively they can coordinate demand response together on an electrical grid pay them for it they’ll do it it’s a it’s just computers that can under and overclock with their power you could design uh an electricity grid that could be hit by a missile and the second there’s some form of surge or drop in power you have the machines manage manage that that fluctuation to a grid that’s the extreme sense but you could also have it in the sense that if there’s a massive amount of solar you’ve got all these machines that absolutely crank up to the max to consume that excess power because from the energy side of things Bitcoin is effectively a recycling system it’s a mycelium network of energy and finance but it’s a recycling system for wasted energy all you need is a computer with an internet connection to to produce the digital money and a local energy connection so it’s local energy connected to Global Finance so yes it’s strategically important to store and own the digital monetary units that reference the entire under Ling Network and priced against energy at the rate of issuance per day and and settlement fees against that amount of energy and as more energy joins the network the price of energy gets cheaper so who doesn’t want stabilized energy on their local electricity grid which produces and issues and collects Global monetary fees as a redistribution system of a fixed Supply monetary unit where there’s only 21 million and your country already owns for my case 61,000 the US is in a massively strategic position to continue its path and all it needs to do is coordinate these underlying layers I don’t think the US government should uh effectively mine Bitcoin Beyond producing a few blocks themselves um maybe they run a mining pool there’s U there’s going to be lots of uh happiness and unhappiness about these sorts of Integrations but Bitcoin is effectively for everyone um freedom of speech it’s can your enemy say something you don’t like don’t agree with um and if it’s in your country that Civil Society so to speak when you start breaking that down such as pausing the Swift payments system in every country realizing oh we can’t trust this anymore um the veils dropped um and then you’ve got countries coordinating some form of gold token or whatever it is um but here’s the problem you can’t if if someone sends you a gold token how do you know the gold is in the vault there is no mathematical or physics connection between the physical Atomic chunk of gold in a vault and your digital token there is only two Commodities directly that are digitally native but physically proven Bitcoin and through compute power the very cost of spending energy to Brute Force crack the next block in the chain is what allows you to um prove the the amount of Bitcoin that you’ve mined in a block because you’ve spent the energy Brute Force cracking it so there’s a direct uh alignment between local energy being consumed and Global money being produced and the analogy I’d like to help you remember that forever is uh if you meet a friend that’s just had a child you see they had a child you didn’t need to you know they did something shall we say you didn’t need to see that part you saw they have a child so there’s it’s the proof of work so to speak so Bitcoin does the same in the sense that there is proof that energy has been expended to produce compute which produces that Bitcoin and that’s a memorable way to to think of it so in terms of us strategic Reserve as a recap the Bitcoin uh Network being 40% uh redistributed to the US versus 0% to the UK it means my country is suffering economic leakage in our Bitcoin unit of account and the US is continually accumulating more Bitcoin over time whether it’s to their citizens or investors um or the country level but I would I wouldn’t be surprised if they do dive into Bitcoin mining just for that ability to produce a couple blocks um and and that that settlement space being very critical to say um future grid systems that use the cyber security applications of compute in the middle as a way of securing the electricity grid by uh the the the the control systems of the grid only being communicated through the Bitcoin blockchain and all of that stability of um those machines being able to dynamically change the amount of energy that they use to stabilize the grids that have lots of Renewables on them I think that was a different sort of approach for a US strategic Reserve to include compute power but here we are I hope you enjoyed this video and I will see you in the next one goodbye

Watch on Youtube!

/by
🚨The Biggest RISKs to Bitcoin ?!?🚨 | HashPower Academy

🚨The Biggest RISKs to Bitcoin ?!?🚨 | HashPower Academy



Welcome to Hashpower Academy, where we face Bitcoin’s toughest threats. In “The Biggest RISK(s) to Bitcoin,” we break down why BTC’s network is near-unstoppable—and the real risks lurking within.

What’s Covered:
Ultimate shutdown: Kill the grid, internet, every node—impossible!

Energy Risks: Grid reliance—could power wars disrupt mining?

Internet Risks: Net outages or censorship—nodes still fight on.

Monetary Centralization: ETFs as IOUs—BlackRock, custodians cluster BTC.

Self-Custody Risks: Lost keys, hacks—your BTC, your burden.

Pool Centralization: Big pools dominate—hashrate in few hands.

Hardware Monopoly: Few makers (e.g., Bitmain)—supply chain chokehold.

Subsidy Decline: Halving’s cut rewards—miners lean on fees.

Key Insights:
Unbreakable core: Grid, net, nodes—BTC’s trifecta laughs at collapse.

ETF trap: IOUs with shared custodians—centralized risk rises.

Miner crunch: Subsidy fade tests economics—fees must surge.

Why Watch:
Know the risks rocking BTC’s boat—from Wall St. to watts.

Arm yourself against the hype—fundamentals matter most.

Join Hashpower Academy to tackle Bitcoin’s biggest risks—watch now and stay ahead!

Financial Disclaimer:
This video serves educational and informational purposes only and should not be construed as financial advice or investment recommendation. The views expressed are those of the presenter and do not represent Hashpower Academy’s official stance. Information is provided ‘as is’ without warranties, express or implied, as to its accuracy or completeness. Engaging with Bitcoin involves high risk, including potential financial loss, market volatility, and energy costs, and is suitable only for those who can bear these risks. Always conduct your own research and consult with a qualified financial or technical advisor before making decisions related to Bitcoin.

#Bitcoin
#Crypto
#BitcoinRisks
#Investing
#BlackRock
#BitcoinETFs
#MSTR
#Finance
#WallStreet
#BTC
#MiningRisks
#SelfCustody
#CryptoInvesting
#ETFRisks
#Hashrate
#BitcoinMining
#MonetaryCentralization
#CryptoFinance
#BitcoinNodes
#InvestSmart

Video Transcript:

hello there and welcome to the hash power Academy the topic of today’s video is the biggest risks to bitcoin not just the asset but the underlying network of Technologies and commodities that are all intrinsically and mathematically linked together from energy all the way to finance through computation now there is several risks to all different parts of this bit of this network in a sense and let me just start with this if you were to try and kill bit coin so to speak to completely dismantle it entirely you would have to switch off every form of power production on this planet on and off every grid you would have to disconnect every single grid every electrical grid and switch it off you would have to destroy any form of computation any computer that could add Bitcoin blocks to the chain you’d have to completely dismantle and disconnect the entire internet and stop any form of device communicating with another you’d have to destroy every single node every uh SSD and every storage device for containing all of the Bitcoin transactions you’d have to destroy any form of system service product Market that is trying to allow people to communicate all of that digital money value between each other in a sense you would have to completely dismantle all of human civilizational infrastructure so I don’t think it’s going to happen but the topic of today’s video does also delve into the biggest risks in the context of the different businesses Associated to these different areas namely the centralization of compute power in the mining pools the decentralization of Central Banking the issuance power of money well Bitcoin decentralizes the issuance power of Bitcoin through who issues the blocks and who issues the blocks directly it’s the mining pools but they are a group of underlying Bitcoin miners that are Computing all into a poll and the poll manages the issuance the uh block templates which is all the different transactions that they are choosing to put in their block if the Bitcoin network was a uh an Excel spreadsheet uh and you can think of every line item being uh the ownership of the units on in each line um being the the Bitcoin wallets and their holders the nodes are everyone that has a copy of that Excel spreadsheet and the miners are essentially the ones that have right access they have permission to actually edit the sheet but they can only edit the sheet with the permission of the other two to add the information and update whose information is is moving to whose wallet so that’s an overall gist um other sorts of businesses are well the the production side of things from Bitcoin mining Hardware is from a handful of producers uh bitmain and what’s Miner but namely bitmain they have a significant market share of producing the computers that is an aspect of centralization that could be considered risk uh on the energy side of things not so much that’s that’s very decentralized Bitcoin is on and off every electrical grid on the planet it can be as small as a single little solar panel and a bit ax mini Miner it could be as big as an entire city and I do have design ideas for a Bitcoin City that we’ll discuss in another video and all the way up to the financial side of things the Bitcoin in particular wallet whether it’s uh in an ETF and with a custodian essentially underneath that there are several ETFs which are I us of redeeming underlying Bitcoin and they’ve all got their Bitcoin stored with a particular custodian that is a centralization risk in terms of the monetary units the the owners of the data on the uh so-called Excel spreadsheet and on the communication side of things um we discussed the Bitcoin um mining pools and their issuance power but that communication between polls and where the Bitcoin is located there’s other entities such as platforms exchanges um there are still quite a lot of people that have Bitcoin in different sorts of platforms and exchanges and that is a risk to well someone else is custody in your Bitcoin for you now here’s the thing uh the majority of people are not going to self- custody there is systematic inevitabilities of sort of the human side of this where some people just will prefer uh that other people look after their their Bitcoin for them whether it’s because uh you have a a grandparent or a parent that’s just not not interested to manage the security of their own money on their physical persons or you know within their home or uh or on the extreme end of security which is to have a multi signature set up so think of it like some Indiana Jones thing where they have to plug in two keys and turn them at the same time to to access the the gold totem behind the behind the rock uh those sorts of things and on that extreme end if you create a security in environment to protect your Bitcoin to the extreme there are some people that have made all these crazy layers of security protection for their Bitcoin and something went wrong and now they’ve lost it or here in the UK actually someone or the amount of people that they had Bitcoin in a wallet or in a hard drive forgot about it years later and now there’s a hard drive here in the UK in a landfill that’s worth millions or billions of dollars worth of bitcoin on it so um time affords Val to bitcoin that’s the thing um one of the positives actually of when Bitcoin is stolen is this is a danger for people that think that they can steal Bitcoin it’s going to go up forever in terms of its value so the incentive to hunt that person down and and recover that Bitcoin goes up forever so it’s not worth trying to steal Bitcoin because the incentive for people to come and find you only goes up over time so your your risk your benefits versus your risks uh it’s not working for you it was working against you and there’s several different other pieces to this but there’s a lot of focus say on the financial side of this these large uh entities companies black rocks as one example all the other different Financial firms trying to wrap their head around different products markets and services that they are going to offer people to accumulate as much Bitcoin it if you boil it down to the to the uh under the hood observation it’s they’re going to want to accumulate as much Bitcoin as they can under their custody and offer all different lending loaning of financial services and Bitcoin Bonds on the on the government side of things um it it it it to the to the technical level it’s they’re going to hold Bitcoin on your behalf and give you some form of incentives or benefits and tradeoff as to why to why uh it’s worth it uh in terms of the compute side of things um there’s a danger with the cryptography aspect of things with quantum um if there’s an issue with all of the Bitcoin that’s in wallets having a certain amount of data cost and and moving all of that Bitcoin into new Quantum resistant wallets when there’s only a a constrained amount of limit of the amount of data that can move through the blockchain per day at any moment in time um and the volume of data that would have to move through the blockchain is years multiple years worth of transaction um demand that could collapse the uh that could well that could collapse price in the sense that if block rewards in terms of fees were to Skyrocket the production cost of bitcoin for the miners absolutely collapses and then the danger side of the Bitcoin being that if it it’s hard to move because the fee Market’s really expensive and the fees uh are massively rewarding miners it’s this duopoly that there would be lot more lots more mining plugging in which would accelerate the rate of blocks being mined so the the the Bitcoin Network by design has all of these mechanisms that the more you attack it in any way the more it defends itself for example the the China ban is the opposite way around the um when China banned Bitcoin mining half the network literally switched off and what happened is the other half of the network started earning essentially twice as much Bitcoin so that incentive to uh you know half the network was attacked so to speak and the other half got paid twice as much now price did react and if you remember from uh the 20121 ball Market the price went up and had this big dip and then recovered just above the the the all-time high that it had set before and then it went back down uh and back to the production floor where Sam bankman freed tried to suppress the Bitcoin price below 20K uh not knowing that he was contending with the production floor and Bitcoin miners can’t just don’t just buy energy sell Bitcoin that they’ve produced they can also sell energy and buy Bitcoin if the price goes below production which we’ve discussed in a couple of other videos here on the academy um there is going to be several other things such as the AI side of things that uh if Bitcoin is afforded to people but based on their energy and compute efficiency that also extends to the sort of uh codified logic and if AI is a highly effici and highly productive and they have a direct understanding of what Bitcoin is a natively digital form of currency that is self Sovereign to it well AI if if if there is some form of scale of intelligence to these language models which they currently just are uh if there is a scale of intelligence to them and they conceptualize that Bitcoin has a value to hold um we could see a shift as to how much uh Bitcoin is owned by AI agents and Bots and uh you know someone’s someone’s going to code an AI that says try and accumulate as much Bitcoin as you physically can mentally can emotionally can all these sorts of things trick humans in every way you know um not everything’s fair game at this point and uh the overall approach is we want to create incentives that build Prosperity continually building out the energy sector continually making better chips and that just builds a more abundant world for everyone and all of that expansion of these massive sectors hash rate going up raising the difficulty adjustment which raises the the the requirement to crack the next block in the chain because miners are paid to not attack the network let’s get this straight the the one thing that controls issuance power of this form of money is producing blocks and producing blocks you’ve got all this proof of work side of things so we just mentioned AI risk or even the quantum aspect of things continually raising that cost to Brute Force crack the next Block in the chain and it’s the only it’s the only thing that can update the chain is is um and yeah there’s there’s several different risks but the dangers to price specifically um that’s more of a the the the leaving the traditional credit money World side of things and the different uh Financial products markets and services and Wall Street playing their Wall Street games so to speak of uh uh you holding B Bitcoin in one place and shorting it in another and constantly just stop loss hunting the entire Market until they’ve accumulated enough Bitcoin and then just let it naturally naturally grow um and the reason it does that is because the amount of Bitcoin being sold is so minimal the amount of freshly issued Bitcoin from the mining sector is barely 450 Bitcoin per day and multiples of 450 Bitcoin is purchased per day so when the price say is suppressed rest there’s probably something to do with the Futures Market playing games there I think that’s enough for today I hope you enjoyed this video I hope this was quite a broad perspective of different risks to bitcoin there is several others in all different areas uh especially some people are concerned at the amount of uh subsidy per block constantly cutting in half but that does actually raise the the value of Bitcoin because if a miner exchanges quantity of electricity into Bitcoin that creates a pricing system and if he’s getting paid less Bitcoin for the same electricity flip it the other way around that means your Bitcoin the harving essentially doubles the electron value of your Bitcoin and that’s another topic that we’ll go into more detail in other videos that’s enough for today I hope you enjoyed like subscribe send it to the group chat send it to the person that you know that loves Bitcoin the most hates Bitcoin the most and I will see you in the next one goodbye

Watch on Youtube!

/by