The energy industry is undergoing a revolution from an unlikely source: Bitcoin.

February 1, 2022 by Charles
Investing & Money
,
Renewable Energy

Decentralised renewable bitcoin mining is inevitable.

I am a 15 year veteran of the energy industry having sold energy generation technologies around the globe. I have also been using bitcoin since 2012.

The world of energy and digital assets is colliding

Digital Energy

What few people understand is that Bitcoin is digital energy.

The cryptographic algorithm allows us to turn energy (work) into an incorruptible financial transaction system. This system then facilitates the transfer of this digitized energy around the world.

This simple property of bitcoin will revolutionise the energy industry.

Distributed Renewable Energy Generation

The electricity system is becoming decentralised

The first electrical grids comprised of huge centralised generators which provided power over an interconnected system of wires (the grid). With the advent of cheap renewable energy, particularly solar and wind with batteries the industry is moving towards distributed microgrids.

Many third-world countries will skip national grid infrastructure completely.

Distributed Digital Energy

With the collision of bitcoin and distributed renewable energy, the future is clear.

Bitcoin mining can fundamentally be built from small building blocks of miners. These will inevitably be coupled with the new microgrids. We will then see a world where the grid and financial systems become green and more closely interconnected

I am very excited to participate in this important transition.

I would love to hear your thoughts! Reply below.

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