Adam Back: There’s actually enough unused hydro power that’s connected to the grid and ready to use that it could power the entire #Bitcoin network just out of the unused power. Of course there are lots more hydro resources globally both constructed and untapped, so even on the hydro side there’s a lot of upside. And of course, I think #Bitcoin is a great vehicle for providing the business fundamentals to fund building more power infrastructure, to drive economic growth for the future.
https://chowcollection.medium.com/matt-odell-citadel-dispatch-e75-privacy-speech-and-bitcoin-with-adam-back-777e3fdf46a1
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Lfg! I can't stop myself from being more bullish. My inner bull grows daily
dream:
BTC mining follows earth's rotation - as night falls and energy usage decrease, unused hydropower mines BTC.
then someone plots an earth 3D globe with red points on hashes' IP locations -> and night turns red on black.
lots of water needs to flow, even when less energy is needed.
In tropical rain seasons, lots of unused water flows through non-energy generating waterways.
BTC mining could even make installing extra turbines profitable.
And in dry times with not enough water flow... just stop mining. no one is harmed.
plus... when I see an oil refinery burning unused gases... I think how much BTC could be mined from that.