https://ift.tt/i1kVmep Mining can drive us to 70% renewables-based energy consumption by 2030.

We’ve got to get the message out, and I agree that the turnaround time on ROI for financing is going to be the big big win.

I think we also need to help the world understand the transition from a new private gird and bitcoin miners to the next step – grid-tying + bitcoin miners

OR making simple physical processes happen as competitors to the miners – like desalinating fresh water, or maybe smelting small amounts of aluminum nuggets, or making ALICE (a kind of fuel made of aluminum flakes in frozen ice) – or making hydrogen gas for fuel, etc etc

You have to have huge surplusses of excess power, then it makes sense to start thinking about basic processing that could be more profitable than bitcoin mining, but at least you have a floor price to work with, and hopefully huge excess capacity too.

I know we can make it but we need more believers and bitcoin mining + green energy surplus will lead to new things – we just have to act fast