Since the 1970s the fiat system slowly strangled the nuclear industry. Nuclear energy requires a low time preference — decades of planning, patient capital, long-term trust. Fiat incentives reward short-term wins, not century-scale stewardship. Instead of building reactors, we built debt. #Bitcoin #Nuclear #TimePreference #Fiatruinseverything image #SoundEnergy #EnergySovereignty
Mining Bitcoin while talking about Bitcoin mining. image
Lookie what I found on an endless loop of ads while attending the International Youth Nuclear Congress conference in Abu Dhabi. Needless to say, having this in the background made for some interesting conversations. Especially when one is in attendance to extoll the awesome synergies of integrating Bitcoin mining with off-grid Nuclear assets. image
Three Mile Island Unit 2 Revival! Demand for power from big data is about to grow at an unprecedented rate. 20 year deal, $100/MWh, Microsoft wants every watt. I wonder what happens when nuclear power plant owners and Small Modular Reactor vendors realize that they don't need a relationship with a counterparty if they mine Bitcoin? A fleet of new S21Pro Hydro ASICs will net their owner $150/MWh, at current hashprice. image