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Topic: Do Bitcoin miners care about renewable energy? (Read 586 times)

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Or is terrapower a pipe dream con like the pretty blood test lady  was

nice 2014 news

http://www.newser.com/story/196987/youngest-female-billionaire-30-revolutionizes-blood-tests.html

not so nice 2019 news

https://uk.news.yahoo.com/elizabeth-holmes-committed-fraud-massive-155700628.html

so terrapower.com  2019 nice news on their website below I quoted it.

Quote
TWR Technology: Preparing Nuclear Energy for Global Growth

Its innovative design results in a reactor that can operate with higher thermal efficiency and consume uranium resources in a more efficient, clean and safe manner than previously possible.

Unlike traditional nuclear reactors, this technology will be capable of utilizing fuel made from depleted uranium, which is currently a waste byproduct of the uranium enrichment process. Its unique design gradually converts the fuel through a nuclear reaction without removing it from the reactor’s core, eliminating the need for reprocessing, generating heat and producing electricity over a much longer period of continuous operation. Additionally, eliminating reprocessing reduces proliferation concerns, lowers the overall cost of the nuclear energy process, and helps to protect the environment by making use of a waste byproduct and reducing the production of greenhouse gases.

To date, TerraPower has achieved significant success in the development of this advanced nuclear reactor design, largely through progress made by leveraging public-private partnerships, seeking excellence in commercial partners, and forging a new supply chain for fuels and materials. This has led to the completion of the core concept design for a prototype of the TWR program.

Construction of a TWR engineering simulator is an important milestone, as it puts engineers in the control room of a virtual TWR system to study the reactor’s operation from start-up to full power. By pairing cutting-edge computing power with real-world data, TerraPower continues to improve the TWR design, analyzing it using new seismic, physics and mechanical methodologies. Together, these activities bring the design ever closer to construction of the first TWR technology.

TerraPower aims to achieve startup of its prototype TWR reactor in the mid-2020s, followed by global commercial deployment.

Is it too good to be true and a pipe dream/con  like Liz was?

Note: I have heard cold fusion has been produced--- hint it was not.

I am not anti nuke as much as I am anti rich fucks hurting us with lies.

I also forgot to mention nine nuke subs lost at sea google it.
sr. member
Activity: 351
Merit: 410
Things may be starting to look up for nuclear power in the US.

A bipartisan group of 15 US senators re-introduced a bill in late March 2019 that, if passed, would authorize the US government to enter into 40-year power purchase agreements (PPAs) with nuclear power companies. Current laws only authorize a maximum duration of 10 years for nuclear PPAs.

The bill also directs the Department of Energy's Office of Nuclear Energy to develop a 10-year strategic plan for supporting research into advanced nuclear reactors.

This means that the US could, in the not-too-distant future, see smaller and more modular reactors that run on safer fuel, like Terrapower's traveling wave reactor that runs on depleted uranium, become a reality.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Yeah the anti-nuclear intolerance is like saying that: since planes crash and kill hundreds of people, and some plane building companies don't do it right, we shouldn't have planes.

In fact nuclear power should be promoted way more so that more research is done into it.

Why? Well the obvious ... what is the sun? A large ball of nuclear fusion reaction (of course different to fission)
That's where it should be headed ... abundant low cost pure energy.
Fission was the first step, the second step of sustainable fusion still hasn't been achieved.

(Yeah I still hope for 'Chain Reaction' to become reality one day)

As for choice ... well telling people they are doing something wrong when they have no choice ... sounds like stand over tactics Tongue
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
Nuclear power in the US, since we are still using 1960s technology, isn't that great. Most of the issues regarding shutdowns for refueling, and even the types of waste generated, were solved or at least progressed substantially in the last 30 years or so. But because people here are poorly educated about all of that, we keep being afraid of mostly nothing and haven't licensed a new reactor since Phil was probably in high school.

Chernobyl was a deliberate disaster caused by idiots with poor designs and safety measures turned off. Entirely man-made and basically impossible under any other conditions.
3 Mile Island's second reactor is still operating today.
Fukushima survived an earthquake almost a full point larger than it was built to withstand (among the strongest recorded), and then a tsunami, and still almost worked out. The meltdown issues they had were exacerbated by an older reactor design without some of the essential upgrades everywhere else in the world (except maybe Russia) implemented decades ago, and wouldn't have happened at all had the backup generators for redundant cooling pumps not been under several feet of salt water.

Nuclear would be an excellent carryover to getting rid of coal/gas while still improving the tech and infrastructure for a purely renewable grid.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
The ideal solution would be bringing all the wasted fuel to antarctica  and having it guarding by four or five Countries.  Of course many would say you are then destroying or risking the destruction of the Antarctic if a natural disaster happens such as an earth quake or a meteor strike.

As I kid I thought or was told Nuclear power was a good thing.  But I predate:
3 mile island
chernobyl
the one in japan (? the name of that one)
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
Plus its anything but cheap. The plant is expensive, the fuel is expensive, and most of all, disposal is expensive. Its only advantage is that each refueling takes decades. If the plant is already built and has a schedule for its closure (which can take years) then sure, but ideally it should be avoided and certainly don't encourage to build more.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Really, the wrong place to be asking, but, well, um...

What are peoples thoughts on Nuclear power? Do you think Nuclear could be big in mining Bitcoin in the future at all as coal and other 'dirties' get priced out?

No  it is always at risk  to an earthquake or tsunami or Homer Simpson hitting the wrong button.

Even  if nothing goes wrong  there is no place to store waste safely.
newbie
Activity: 20
Merit: 10
Really, the wrong place to be asking, but, well, um...

What are peoples thoughts on Nuclear power? Do you think Nuclear could be big in mining Bitcoin in the future at all as coal and other 'dirties' get priced out?
full member
Activity: 1022
Merit: 221
We are not retail.
Yea, I've been collecting solar quotes for my home. Oregon has some good incentives for set up for consumer and businesses. I wouldn't put faith on any administration to do what's right for people/planet. You're responsible for your own footprint.
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
People are, on average, having fewer kids now than they used to. It's just now most of them survive to adulthood instead of three fourths of them dying off due to malnutrition, accidents or preventable diseases.

Though now one of the main killers of children globally is manmade pollution, mostly from toxic air and drinking water.

Fortunately short-term profit, not survivability, is the only metric for success in America so we'll just keep cashin' in no matter who we gotta screw over. Why else would we elect a billionaire crook to President, and then let him put a petroleum lawyer in charge of environmental protection, and a petroleum CEO in charge of foreign affairs, and a coal man in charge of national parks? Certainly not for any kind of long-term maintenance and prosperity.

Half the reason I'm shutting down my hosting this year is because I can no longer justify the operation running entirely off coal power. Maybe I'll put it back together in a few years if I can get a decent renewables infrastructure set up, but not before then.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
I care.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Tragedy of the commons, very few people will do something for the greater good.  Game theory tells us that humans will act selfishly and do whatever fills their pockets.  Of course there are some good apples out there but capitalism is dominated by a ruthless obsession for increasing the bottom line.

Absolutely no hating just what we as people are prone to do.

I am 62  world population is now about 8 billion when I was a kid it was under 3 billion.

Common sense would say don't have a lot of kids 1 or 2 max.  Yet world wide many people have 3 or more.

it is what people do  and it encourages a Thanos type solution

hero member
Activity: 1120
Merit: 554
Tragedy of the commons, very few people will do something for the greater good.  Game theory tells us that humans will act selfishly and do whatever fills their pockets.  Of course there are some good apples out there but capitalism is dominated by a ruthless obsession for increasing the bottom line.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
sadly, we are humans, actually some people think the whole mining thing is bad for mother earth , and they sound reasonable to be honest, we burn a tremendous amount of resources just to run a "virtual" coin which most people treat as a lottery ticket.

but if you use the mining to develop renewable power and  make solar power plants as the goal then mining = good.

it can be done. buysolar and I do this.

USA ,NJ it not the only place where laws work for this idea.
legendary
Activity: 2394
Merit: 6581
be constructive or S.T.F.U
sadly, we are humans, actually some people think the whole mining thing is bad for mother earth , and they sound reasonable to be honest, we burn a tremendous amount of resources just to run a "virtual" coin which most people treat as a lottery ticket.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I think a lot of people would go for the cheaper source, despite what they say, it's human nature that people always want more profit for less cost, if not for regulation and restriction then majority of people with go with whatever cheaper option they have.

where i live the only power sources are natural gas and oil, and they are so cheap that nobody would even think about solar or anything else for that matter.

i want nothing more than a clean world, but i can't really convince the demon inside me to pay a fortune for solar panels when i have almost free power rate.

I understand why you do it.  you want to mine  you can get a deal on dirty power.

and you don't get an asthma attack ten minutes after you fire up the miners.

Hey I smoked cigarettes from 13 to 39  knowing I had asthma and shouldn't smoke them.

Being human we are supposed to be able to reason about the future.  But we often make our decisions in the now and for the now.

As  the lyrics of this song "I want it all and I want it now..."  Queen
legendary
Activity: 2394
Merit: 6581
be constructive or S.T.F.U
I think a lot of people would go for the cheaper source, despite what they say, it's human nature that people always want more profit for less cost, if not for regulation and restriction then majority of people with go with whatever cheaper option they have.

where i live the only power sources are natural gas and oil, and they are so cheap that nobody would even think about solar or anything else for that matter.

i want nothing more than a clean world, but i can't really convince the demon inside me to pay a fortune for solar panels when i have almost free power rate.
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
Not to mention lead, uranium, arsenic...
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I would be fine with a complete ban on dirty energy sources powering commercial mining projects. Even our company is lumped in with the guys using coal here, even though we have nothing to do with it. Apparently just being in the same industry makes us the bad guys to the ignorant people that run the local governments out here. I have managed 5 hydro powered datacenters at this point myself and see no reason why anyone should be using coal to power their miners.

Not to bring politics into this but thank the stars Trumps push for coal died so quickly, we need to get away from it as soon as possible.

   Yeah people don't realize that a coal plant with modern scrubbing technology has a major issue how to store the used scrubbing filters.  They are highly toxic and can do serious damage  to drinking water if disposed of in underground dumps.

Or unscrubbed coal plant discharge  which simply drops mercury all along the path of the discharge path for 100's of miles.

I am not going to touch the global warming issues and claims.

But the mercury discharge is factual and mercury in food and water = bad
full member
Activity: 294
Merit: 129
I would be fine with a complete ban on dirty energy sources powering commercial mining projects. Even our company is lumped in with the guys using coal here, even though we have nothing to do with it. Apparently just being in the same industry makes us the bad guys to the ignorant people that run the local governments out here. I have managed 5 hydro powered datacenters at this point myself and see no reason why anyone should be using coal to power their miners.

Not to bring politics into this but thank the stars Trumps push for coal died so quickly, we need to get away from it as soon as possible.
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