Mining bitcoin is exactly what the author mentions a heat sink not a battery.
But mining bitcoin and capturing excess heat produces a provably scarce and globally accessible digital asset.
You are not transferring energy across time or space. Instead you are directly converting cheaply available energy (usually hydro) into monetary value that can be easily transferred through time and space.
But mining bitcoin and capturing excess heat produces a provably scarce and globally accessible digital asset.
You are not transferring energy across time or space. Instead you are directly converting cheaply available energy (usually hydro) into monetary value that can be easily transferred through time and space.