Frederick Bott
2 min readFeb 26, 2021

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I am no fan of the company riding on the name of a legendary environmentally minded Engineer, or the practices of its founder either.

But where on Earth does the figure you quoted above come from?

Solar is the only kind of energy that miners can now use, in the highly competitive business of Bitcoin mining, which is cheap enough to stay ahead of rivals whilst still turning a profit.

So, how does that somehow convert to pollution?

I can’t follow your logic with this article, unless maybe you expect to shock people into reading and agreeing with it.

And if they do, then who is really responsible for continuing the environmental damage done to the planet from lack of understanding amongst people in general?

Even Musk probably has no idea that Bitcoin is well on the way to eliminating capitalism, and all its ills, by pushing up massive solar power infrastructure, which absorbs primary energy from the original, clean, extraterrestrial source of all energy, the sun, converting that directly to money-as-sunlight, and exchanging it for money-as-debt, the currency of our energy deficit to our planet.

Sounds religious doesn’t it?

But it isn’t, it is actually just science, simple science.

Look also at the maths; each bitcoin is actually worth itself plus some amount of solar power infrastructure associated with its creation. So there are two components to every Bitcoin; the capital paid for it, and a time dependent term describing energy capacity, in Joules per second. The time dependent part tends to infinity with time, rendering the capital part irrelevant.

There, is the mathematical proof of the end if capitalism, our move from Kardashev stage 0 to Kardashev stage 1.

But we probably won’t live to see it, if no-one can understand it, we’ll just carry on damaging by ignorance.

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Frederick Bott
Frederick Bott

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