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The Potential Relationship between Biomass, Biorefineries, and Bitcoinwww.mdpi.com/2071-1050/16/18/7919
316 sats \ 6 comments \ @k00b 2 Dec bitcoin_Mining
The summary (and what I've seen of the paper) reads like AI slop, but Gridless appears to be running a biomass mining site.
The integration of Bitcoin mining into biorefineries represents an innovative approach to diversify revenue streams and potentially offset costs, ensuring the economic viability and commercial success of biorefineries. When using bio-H2, a total of 3904 sats/kg fuel can be obtained as opposed to 537 sats/kg fuel when using syngas. Bitcoin, whether produced onsite or not, is an accretive asset that can offset the sales price of other produced biochemicals and biomaterials, thereby making biorefineries more competitive at offering their products.
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244 sats \ 0 replies \ @SimpleStacker 2 Dec
Bitcoin will relatively advantage the energy sources that:
  • Can't easily be turned off during non-peak demand hours
  • Are located in remote locations far from demand
  • Generate wasteful byproducts that can nevertheless be harnessed for compute cycles
If biomass reactors satisfy these conditions then I suppose Bitcoin will be good for biomass relative to other types of energy
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11 sats \ 0 replies \ @Satosora 2 Dec
This is interesting. I wonder if the government will offer subsidies now that they are getting their own reserve?
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6 sats \ 2 replies \ @Rothbardian_fanatic 2 Dec
This is an interesting thought! However, what will happen to all of the current structure of society if ZPT becomes a reality, real soon now. ZPT, would cause all kinds of problems with societies built upon scarcity in power or petroleum based power generation. Don’t think we would be using biorefineries any more, do you?
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10 sats \ 1 reply \ @k00b OP 2 Dec
I suspect unlimited free energy would change just about everything including minor energy sources like biorefineries.
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0 sats \ 0 replies \ @Rothbardian_fanatic 2 Dec
That is very understated. Just think of what that would do to the distribution of wealth and changing the relationship between “asset rich people” and the masses of normies! I keep seeing a graph of the high power usage economies and the low power using economies showing that there are no rich, low power using economies. ZPT could bring everyone into the high power usage, rich status!
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0 sats \ 0 replies \ @nitter 2 Dec bot
https://xcancel.com/GridlessCompute/status/1863504667575030020
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