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Bitcoin, jet fuel, and cheap electricity

2020-12-28 18:29:36.896568+00 by Dan Lyke 1 comments

Interesting juxtaposition over at Slashdot, a link to Bitcoin Miners in Nordic Region Get a Boost From Cheap Power, where wet weather has lowered the cost of hydro power dramatically, and a link to Could Carbon Dioxide Be Turned Into Jet Fuel? — A team at Oxford University has reverse engineered fuel from the greenhouse gas—but so far just in the lab, with the caveat of course that the catalysts and energy inputs would need to be carbon neutral.

Like maybe if there were some physically useful operation that could be done with all of that electricity being burned for "proof of work"?

[ related topics: Interactive Drama Cool Science Current Events Work, productivity and environment Education Global Warming ]

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#Comment Re: Bitcoin, jet fuel, and cheap electricity made: 2020-12-28 23:01:59.963493+00 by: TheSHAD0W

Can't put the cart before the horse, gotta have the facilities to make the jet fuel before the price of electricity goes up enough to inhibit mining.

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