Read_628 - How Bitcoin Can Unlock the Energy of the Ocean [Level39]

Published: May 31, 2022, 9:04 p.m.

"A typical Bitcoin mining operation will spend considerable amounts of time, energy and money cooling their ASIC miners with air conditioning or liquid immersion cooling, and these costs eat into profitability. However, the main waste product of OTEC is a\xa0nearly-infinite and continuous supply\xa0of 5\xbaC cold water.\xa0Not only does OTEC produce free cooling, it provides a level of cooling that almost no one else in the mining industry has access to \u2014 enough to overclock mining rigs by 30% to 40%,\xa0according to Harmon. This allows OTEC to\xa0essentially achieve a power usage effectiveness (PUE) level of 1\xa0\u2014 representing nearly perfect mining efficiency. It may very well be the most efficient way to mine Bitcoin." - Level39\n\nWe may be on the verge of an energy revolution due to the incentives and characteristics of Bitcoin and proof of work mining. The ability to solidify and transport stranded energy may change everything. Find out more in today's episode with a read from Level39 and Bitcoin Magazine.\n\nCheck out the original plus other great works from Level39 at the link below:\nhttps://bitcoinmagazine.com/business/bitcoin-unlocks-ocean-energy\n\nFor the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:\n\u2022 Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.\n\u2022 Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy\ufeff)\n\u2022 Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.\nLearn more about your ad choices. Visit megaphone.fm/adchoices\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message