Video Transcript

What percentage of your income is right now going to utility bills like electricity the price of energy is what determines the freedoms or frictions of society the cheaper the price the cheaper is to drive the cheaper is to fly the cheaper it is to grow food in hinted greenh houses Energy prices

Determine so much within our society and so if you want to heat your home and potentially be subsidized for some of that cost I think big Bitcoin might have the answer for you Bitcoin mining is typically profit driven that is they buy the electricity cheap say 5 cents a

Kilowatt and they want to mine it into say 15 cents of Bitcoin per kilowatt and so that would be a profit of 10 cents but the old machines they only become valuable for their heat and so there’s different markets out there for buying electric heaters that also mine Bitcoin

So you get your heat but you also get a subsidized cost of electricity