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Late Night Bitcoin Secret | #bitcoin #network #finance



Exploring the Bitcoin network late at night, seeking to understand its intricacies.
#secrets #bitcoin #energy #finance #education

Check the Lesson 6 from the course on @HashpowerAcademy
https://hashpower.academy/lessons/6-finance-bitcoin/

Video Transcript

I’ve got a secret for you for understanding the Bitcoin Network let’s see what you think Bitcoin has two worlds of producing energy the supply and that electricity is demanded by mining hardware and on the digital side hash power is produced by mining machines which supplies fresh blocks of

Bitcoin and transaction data that is demanding that space to be stored on the blockchain now the energy side and the finance side how do you understand them what is the best way to understand them well the secrets of the finance side is energy and the secrets of the energy side is

Finance Bitcoin is helping people understand that wealth is energy and energy is neither created nor destroyed only transferred it’s a very interesting concept and it should start your educational Journey

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The 2 worlds of Bitcoin | Physical & Digital



Bitcoin, the first decentralized digital currency, straddles two worlds – physical and digital. In the digital realm, transactions occur through blockchain tech, ensuring security and transparency. Physically, Bitcoin can exist as coins or tokens, representing the digital currency’s value tangibly. This duality highlights Bitcoin’s appeal, bridging the virtual and physical realms.

#education #bitcoin #mining #hashpower

Video Transcript

Everybody understands Bitcoin as a digital asset but it actually has two worlds the physical world and the digital world let me show you Bitcoin the currency on the Internet is simply data and that data is updated every 10 minutes by hash power and that hash power is produced in the physical world

By mining Hardware which is kept online with electricity and that electricity is coming from all of our different energy sources of the world and so the physical half of the network is our production of energy electricity and Mining Hardware the digital side the digital Bridge Is hash power and hash power updates the

Blockchain to produce Bitcoin it’s a circular energy economy with two worlds physical and digital there’s also two ways to get your Bitcoin you either mine it in the physical world or buy it in the digital world

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HEAT: Bitcoin Business Case Study: pt1 #energy #efficiency #nyc #mining



Innovative Bitcoin Heating Solution in NYC!

Location: Heart of New York City
What’s Unique: A bathhouse using $20,000/month to heat pools differently.
The Twist: Instead of traditional heating, they mine Bitcoin!

How It Works:
Energy Use: Same as regular heating, but smarter.
Process: Electricity Microchips Mine Bitcoin Heat transfers to the pool.

Benefits:
Dual Revenue: Warm pools + Bitcoin income.
Energy Efficient: Combines two cost-sharing systems.
Competitive Edge: Lower rates for customers thanks to extra income.

Learn More: Dive into the world of Bitcoin businesses with Hashpower Academy.
#BitcoinHeating #Innovation #HashpowerAcademy

Video Transcript

Bitcoin businesses part one this is a New York City bath house that spends $20,000 a month heating this pool but instead of running the electricity to heat the pool through coils he run the electricity through microchips it’s the same energy the same Energy bill but the difference is if you run the energy

Through microchips to mine Bitcoin money and then the heat gets expended into immersion fluid and then transferred into the water that means that he’s created two revenue streams a way for his customers to enjoy the warm water of the pools but also a secondary Revenue stream of Bitcoin it’s Energy Efficiency

Because he combined two systems that cost shared the energy that is Energy Efficiency and it allows him to be competitive he could offer lower rates to his customers than his competitors because he has a secondary income stream into his business that is the Bitcoin business way

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The 3 core commodities of the BTC Network: #electricity #hashpower #bitcoin



We aim to outline the three fundamental commodities of the Bitcoin Network:
#electricity #hashpower #bitcoin
For more details, join our free course and portal!
https://hashpower.academy/courses/bitcoin-big-picture-basics/

Video Transcript

Bitcoin itself is not the only commodity within the network there’s three let me show you we produce electricity consume that electricity in machines to produce hash power hash power finds blocks of Bitcoin data and that data we call Bitcoin the commodity and so the three core Commodities are electricity hash power and

Bitcoin and so this flow of these three Three core Commodities electricity hash power and Bitcoin they also have metrics let me show you each one of these Commodities has a conversion metric mining Hardware is valued based on its efficiency which is its watts per terahash ratio how much electrical cost

It can convert into hash power which produces Bitcoin per terahash per day this one is Hash price

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Bitcoin explained in under 60 seconds | #bitcoin #education



If 60 seconds are not enough, check the free @HashpowerAcademy bitcoin course!
https://hashpower.academy/courses/bitcoin-big-picture-basics/
#bitcoin #network #education

Video Transcript

Let’s see if I can explain the Bitcoin Network to you in under 60 seconds are you ready let’s go whether you’re on the side of religion or science they all start with the same story something to do with energy and that is the production of energy is our civilizational infrastructure that is

The production of electricity and in the 21st century we all use electricity it’s extremely important and we’re moving everything on to an electricity standard but what if we have excess electricity well we could consume it in computers to produce heat to warm our homes or green houses but they also produce this

Digital commodity called hash power and hash power is simply compute power that is specific to mining blocks of Bitcoin on the blockchain and the blockchain all it does is store data and that data is financial data we call Bitcoin a monetary unit based on the energy sector

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What’s inside a bitcoin BLOCK? #halving #hashrate



#fees #subsidy #halving #hashrate
What exactly is inside a bitcoin block?

Video Transcript

So in today’s ad hoc video what is inside a Bitcoin block every new block of Bitcoin issues 6.25 new Bitcoin and obviously people transacting they pay fees and so it’s Bitcoin already in circulation so that makes the two parts of the block the new supply of Bitcoin and new transactions

Being made on the network cuz all Bitcoin is is data this 6 .25 new Bitcoin per block every 10 minutes in April is going to get cut in half to 3.125 so 3.125 Bitcoin plus transaction fees will be the new value in each block and this will happen every four years it

Gets cut in half all the way to no new Bitcoin being issued and which means all 21 million Bitcoin will have been mind and none of us will be alive to experience it

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