Flutterby™! : Bitcoin, jet fuel, and cheap electricity

Bitcoin, jet fuel, and cheap electricity

2020-12-28 18:29:36.896568+00 by Dan Lyke 1 comments

Interesting juxtaposition over at Slashdot, a link to Bitcoin Miners in Nordic Region Get a Boost From Cheap Power, where wet weather has lowered the cost of hydro power dramatically, and a link to Could Carbon Dioxide Be Turned Into Jet Fuel? — A team at Oxford University has reverse engineered fuel from the greenhouse gas—but so far just in the lab, with the caveat of course that the catalysts and energy inputs would need to be carbon neutral.

Like maybe if there were some physically useful operation that could be done with all of that electricity being burned for "proof of work"?

comments in ascending chronological order (reverse):

#Comment Re: Bitcoin, jet fuel, and cheap electricity made: 2020-12-28 23:01:59.963493+00 by: TheSHAD0W

Can't put the cart before the horse, gotta have the facilities to make the jet fuel before the price of electricity goes up enough to inhibit mining.

Add your own comment:

(If anyone ever actually uses Webmention/indie-action to post here, please email me)

Format with:

(You should probably use "Text" mode: URLs will be mostly recognized and linked, _underscore quoted_ text is looked up in a glossary, _underscore quoted_ (http://xyz.pdq) becomes a link, without the link in the parenthesis it becomes a <cite> tag. All <cite>ed text will point to the Flutterby knowledge base. Two enters (ie: a blank line) gets you a new paragraph, special treatment for paragraphs that are manually indented or start with "#" (as in "#include" or "#!/usr/bin/perl"), "/* " or ">" (as in a quoted message) or look like lists, or within a paragraph you can use a number of HTML tags:

p, img, br, hr, a, sub, sup, tt, i, b, h1, h2, h3, h4, h5, h6, cite, em, strong, code, samp, kbd, pre, blockquote, address, ol, dl, ul, dt, dd, li, dir, menu, table, tr, td, th

Comment policy

We will not edit your comments. However, we may delete your comments, or cause them to be hidden behind another link, if we feel they detract from the conversation. Commercial plugs are fine, if they are relevant to the conversation, and if you don't try to pretend to be a consumer. Annoying endorsements will be deleted if you're lucky, if you're not a whole bunch of people smarter and more articulate than you will ridicule you, and we will leave such ridicule in place.

Flutterby™ is a trademark claimed by

Dan Lyke

for the web publications at www.flutterby.com and www.flutterby.net.