Entries by Jake Scanlan

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 […]

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 […]