HEAT | Bitcoin Business Case Study | Pt2 #farming #hashing #circulareconomy #btc #mining
Video Transcript
This is a very interesting Bitcoin business case study he’s farming in the physical world and he’s farming in the digital world as a circular economy let me explain so the successful factors of farming which is highly competitive is that he’s going to need a lot of heat to
Keep his green houses warm to optimally grow the crops at the best rate the more crops he sells the more money he makes on the left the output the waste of mining Bitcoin is heat from the electricity so this farmer already needs electricity to make heat to warm his
Greenh houses but instead of just producing heat he runs the electricity through these computers so he creates one income stream for mining Bitcoin liquid he can sell it on the internet if he needs the money and he’s also growing produce in the physical world which needs that heat so it creates a circular
Economy of cost sharing the energy that is Energy Efficiency in a Bitcoin standard