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Report Issue. Participants Unlimited. Exclusive Airdrops. Follow us to never miss any airdrop again! In this way, electricity production need not be drastically scaled up and down to meet momentary consumption — instead, production is maintained at a more constant level.
This has the advantage that fuel-based power plants i. Image i - Simplified electrical grid with energy storage. Interesting: Energy storage Cryogenic energy storage List of energy storage projects Flywheel energy storage. Parent commenter can toggle NSFW or delete.
Will also delete on comment score of -1 or less. With the asic chip size limitations coming into view and no end in sight to the ever expanding addition of mining equipment to the network, does thorium have a chance to take over as an alternative energy source for big mining farms?
Could the production and generation of cheap alternative energy be a byproduct of bitcoin?
I say yes. Nearly as abundant as lead, and cheap because no one needs it yet? It's evolution. We don't even know how to mine it properly yet, according to the article.
Matic Network Reddit 18 hours ago. Confirm Cancel. Thorium Social Moreover, Thorium is building a social peer to peer platform: all exchanges lack a social aspect. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Read the white paper and inform yourself before you comment on other people posts.
It would be amazing if someone related to bitcoin figured out how, and paid for it in bitcoin they mined. Bitcoin mining squared.
Bitcoin has no "energy problem". What bitcoin has is a greedy community problem. If people instead of buying specialised ASIC miners where still using in their laptop computers they wouldn't even need to be using their GPU , we would still be producing exactly the same BTC per day as we are now, with a much lower carbon footprint. Actually, you have it all backwards, if more and more people used their inefficient laptops and cpus to mine, the carbon footprint would go WAY up, because they waste much, much more energy to do the same task.
Greed is a catalyst for innovation. If everyone was using a 10 Mhz computer to mine, they would mine exactly as much as if everyone was using a 10x all the processing power in the world. That's how the bitcoin mining protocol is made to work. Man, I have been following bitcoin since , don't tell me what I know or don't know. I will reply in full when I get home, Mr. Yeah, you didn't even read the article, and this is seriously the worst trolling ever. Like, totally slash rolling my eyes and junk.
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