I took a road trip to Texas to visit a Bitcoin Mining Facility that sits along an oil pipeline KIND of in the middle of nowhere.

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3 Comments

1. Bitcoin can create value out of off peak energy production. It’s widely misunderstood that btc adds strain on the grid. Btc miners find optimal off-peak hours to mine. That energy would otherwise go to waste.

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2. Brilliant use of otherwise wasted energy sources.

   Under a truly free market capitalist society, our electricity would be dirt cheap, near free, as would our water, internet, and other “essential” resources.

   Unfortunately, we can’t really invest in making gas/oil more efficient in every industry similar to what’s shown here due to government punishing said research by subsidizing wasteful useless solar, wind, water, and others. Government intervention yet again crippling what would otherwise be a booming industry that benefits all of humanity internationally.

   Bitcoin fixes this, yet again.

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3. I don’t mind this guy when he focuses on bitcoin.

   There was a bit too much shitcoin promotion in the past but enjoy the DIY ASIC immersion/pool setups etc.

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