Entries by Jake Scanlan

Is Money a form of Energy? #sats #btc #learn #crypto

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Explore how Bitcoin’s energy dynamics redefine the concept of money, adhering to the laws of physics in contrast to fiat currency. — Is money a form of energy?  Let’s decode the energetic essence of Bitcoin and its adherence to the laws of physics.  #Bitcoin #Energy #Cryptocurrency Discover the journey from energy production to hashpower in […]

3x Technology Sectors | Bitcoin #genTech #Compute #FinTech #bitcoin #innovation

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Exploring Bitcoin’s Core Technologies! ⚡💻💰 Overview: Dive into the backbone of Bitcoin: Energy Tech, Computer Tech, and FinTech. 1. Energy Tech (GenTech): Focus: How Bitcoin mining revolutionizes energy consumption and generation. Key Insight: Innovative use of surplus energy and boosting renewable energy adoption. 2. Computer Tech: Focus: The cutting-edge hardware and software powering Bitcoin’s network. […]

Bitcoin Miners can SUPPLY power to the grid?!

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🤔 Watt? #btc #energy #banking #grid #kWh #learn Energy prices correlate to energy availability, supply and demand But the grid needs to remain stable to remain operational. Bitcoin miners can confidently consume power, but also relinquish it back to the grid when needed. Dynamic (Intermittent) Power supply, needs dynamic flexible power demand. Original Source

The 2 worlds of Bitcoin | Physical & Digital

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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

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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 […]