Thread by Documenting ₿itcoin 📄
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- Jan 25, 2023
- #Bitcoin
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#Bitcoin mining is helping 1,600 families in the mountains of Malawi, Africa get cheaper hydroelectric energy 🌍
Extra sustainable electricity
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Starklink internet connectivity
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Bitcoin mining profitability
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Cheaper energy for the community twitter.com/i/web/status/1618329264738430976
Extra sustainable electricity
+
Starklink internet connectivity
+
Bitcoin mining profitability
=
Cheaper energy for the community twitter.com/i/web/status/1618329264738430976
#Bitcoin mining saved endangered animals in Congo’s oldest national park.
The pandemic hurt tourism and the park was running out of money.
Thanks to mining #bitcoin with the extra energy from its local hydroelectric dam, they are now profitable again!
www.technologyreview.com/2023/01/13/1066820/cryptocurrency-bitcoin-mining-congo-virunga-national-park...
The pandemic hurt tourism and the park was running out of money.
Thanks to mining #bitcoin with the extra energy from its local hydroelectric dam, they are now profitable again!
www.technologyreview.com/2023/01/13/1066820/cryptocurrency-bitcoin-mining-congo-virunga-national-park...
#Bitcoin is powered by volcanos 🌋
The Tecapa volcano in El Salvador produces more clean sustainable geothermal energy than the local community can use. Mining #bitcoin with the extra energy helps lower costs and balance the electrical grid twitter.com/i/web/status/1618329331868266496
The Tecapa volcano in El Salvador produces more clean sustainable geothermal energy than the local community can use. Mining #bitcoin with the extra energy helps lower costs and balance the electrical grid twitter.com/i/web/status/1618329331868266496
In Lebanon, the local currency has lost more than 95% of its value, pensions are worthless, banks shutdown, and ATMs are out of cash.
People are surviving by mining #bitcoin
People are surviving by mining #bitcoin
By using the warmth of #bitcoin mining, engineers are able to build profitable and sustainable hydroponic, fish hatchery, and heating systems
#Bitcoin mining is cleaning up toxic waste in this Pennsylvania town and saving taxpayers $𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻
CEO of Texas' energy grid, Brad Jones explains, "#Bitcoin mining is helping balance our grid and is driving more renewables into our system"
#Bitcoin mining recycles harmful methane emissions into profits ♻️
Methane emissions come from places where no other technologies can reach. There are no pipes connected and it’s too remote of a location to build anything else twitter.com/i/web/status/1618329399442681856
Methane emissions come from places where no other technologies can reach. There are no pipes connected and it’s too remote of a location to build anything else twitter.com/i/web/status/1618329399442681856
Japan’s largest power company is mining #bitcoin
TEPCO now uses their surplus renewable energy to mine #bitcoin — helping lower energy costs for consumers, increase profits, and decarbonize the energy grid ☀️🇯🇵
TEPCO now uses their surplus renewable energy to mine #bitcoin — helping lower energy costs for consumers, increase profits, and decarbonize the energy grid ☀️🇯🇵
Recycling the warmth of #bitcoin mining to grow flowers
The oldest hydroelectric energy facility in the U.S. was going to be turned off forever!
Built in 1897, Mechanicville Hydroelectric Plant could no longer make a profit.
#Bitcoin mining saved it! twitter.com/i/web/status/1618329507211116545
Built in 1897, Mechanicville Hydroelectric Plant could no longer make a profit.
#Bitcoin mining saved it! twitter.com/i/web/status/1618329507211116545
U.S House Committee on Financial Services wrote a letter the EPA:
"Most importantly, digital assets, and their related mining activities, are essential to the economic future of the United States.
"Most importantly, digital assets, and their related mining activities, are essential to the economic future of the United States.
Tesla @elonmusk
Block @jack
Blockstream @adam3us
Together they are using solar energy to mine #bitcoin and proving it can lower electrical costs for everyone ☀️
www.cnbc.com/amp/2022/12/06/jack-dorseys-block-backs-bitcoin-mining-firm-bringing-affordable-electric...
Block @jack
Blockstream @adam3us
Together they are using solar energy to mine #bitcoin and proving it can lower electrical costs for everyone ☀️
www.cnbc.com/amp/2022/12/06/jack-dorseys-block-backs-bitcoin-mining-firm-bringing-affordable-electric...
Intel, the superconducter giant, is building energy efficient #bitcoin mining chips
bitcoinmagazine.com/business/intel-launches-new-bitcoin-mining-chip-blockscale
bitcoinmagazine.com/business/intel-launches-new-bitcoin-mining-chip-blockscale
Exxon Mobil is using #bitcoin mining to reduce harmful emissions
www.cnbc.com/2022/03/26/exxon-mining-bitcoin-with-crusoe-energy-in-north-dakota-bakken-region.html
www.cnbc.com/2022/03/26/exxon-mining-bitcoin-with-crusoe-energy-in-north-dakota-bakken-region.html
This user found a way to help stray cats in the winter using the warmth of #bitcoin mining and is making a profit at the same time
North Vancouver is set to become the first city in the world to be heated by #bitcoin mining.
They will create heat for the city using sustainable energy and #bitcoin mining to lower costs
bitcoinmagazine.com/business/north-vancouver-to-be-worlds-first-city-heated-by-bitcoin-mining
They will create heat for the city using sustainable energy and #bitcoin mining to lower costs
bitcoinmagazine.com/business/north-vancouver-to-be-worlds-first-city-heated-by-bitcoin-mining
Nuclear energy 🤝 Bitcoin mining
The 2.5 gigawatt Susquehanna nuclear power facility in Pennsylvania is using #bitcoin mining to help ₿alance the supply and demand of energy
The 2.5 gigawatt Susquehanna nuclear power facility in Pennsylvania is using #bitcoin mining to help ₿alance the supply and demand of energy
President Biden’s office released a report last year on #bitcoin mining and the environment.
This is a quote from the report:
This is a quote from the report:
This hydroelectrica plant in the middle of the forests of Costa Rica was shut down for 9 months because it could no longer make a profit.
It's now back online generating sustainable energy and mining #bitcoin 🌊
It's now back online generating sustainable energy and mining #bitcoin 🌊
CEO of the largest public #bitcoin mining company in the world, @fgthiel explains how they help build sustainable energy
New research data shows the global #bitcoin mining industry produces less CO₂ emissions than both computer games and holiday lights 🎮🎄
#Bitcoin is estimated to use 58.9% sustainable energy, according to latest data by the BMC. This makes the #bitcoin mining one of the most sustainable industries in the world!
Use of sustainable energy:
India 🇮🇳 12.6%
Poland 🇵🇱 15.6%
Japan 🇯🇵 16.3%
China 🇨🇳 16.4%
Russia 🇷🇺 19.6%
Brazil 🇧🇷 21.7%
Canada 🇨🇦 22.5%
USA 🇺🇸 31.4%
S. Korea 🇰🇷 33.7%
EU 🇪🇺 43.5%
Germany 🇩🇪 48.5%
#Bitcoin 58.9%
India 🇮🇳 12.6%
Poland 🇵🇱 15.6%
Japan 🇯🇵 16.3%
China 🇨🇳 16.4%
Russia 🇷🇺 19.6%
Brazil 🇧🇷 21.7%
Canada 🇨🇦 22.5%
USA 🇺🇸 31.4%
S. Korea 🇰🇷 33.7%
EU 🇪🇺 43.5%
Germany 🇩🇪 48.5%
#Bitcoin 58.9%
Governor of New Hampshire recommends the Department of Energy to review how #bitcoin mining can help stabilize the electricity grid, build more sustainable generation projects, and lower costs for consumers! ⚡️
Full report: governor.nh.gov/news-and-media/governors-commission-cryptocurrencies-and-digital-assets-releases-fina...
Full report: governor.nh.gov/news-and-media/governors-commission-cryptocurrencies-and-digital-assets-releases-fina...
Governor of Texas says, "#Bitcoin is good for the power grid"
"We are promoting #bitcoin, we are advancing it, and we are providing a platform for it. #Bitcoin is the cutting edge of innovation in the world"
"We are promoting #bitcoin, we are advancing it, and we are providing a platform for it. #Bitcoin is the cutting edge of innovation in the world"
A company wants to build a massive solar project in Montana.
Of course it’s for #bitcoin mining! ☀️
www.theverge.com/2021/5/27/22456993/butte-montana-solar-project-atlas-ethereum-cryptocurrency-mining-...
Of course it’s for #bitcoin mining! ☀️
www.theverge.com/2021/5/27/22456993/butte-montana-solar-project-atlas-ethereum-cryptocurrency-mining-...
#Bitcoin is used to crowdsource solar panels in Zimbabwe.
1,905 individuals across 98 countries funded The Nhimbe Fresh project, a grower of berries and vegetables made up of 250 smallholder farmers. This was only possible thanks to #bitcoin
www.coindesk.com/business/2022/01/26/how-bitcoin-contributions-funded-a-14m-solar-installation-in-zim...
1,905 individuals across 98 countries funded The Nhimbe Fresh project, a grower of berries and vegetables made up of 250 smallholder farmers. This was only possible thanks to #bitcoin
www.coindesk.com/business/2022/01/26/how-bitcoin-contributions-funded-a-14m-solar-installation-in-zim...
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Troy Cross @thetrocro
·
Jan 25, 2023
Incredible thread.