Podcastnewshubb
Advertisement Banner
  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact
No Result
View All Result
  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact
No Result
View All Result
Podcastnewshubb
No Result
View All Result
Home Crypto Podcasts

Bitcoin, Unleashing an Ocean of Energy with Nathaniel Harmon — What Bitcoin Did

admin by admin
October 6, 2022
in Crypto Podcasts


Nathaniel Harmon is an oceanographer, Bitcoiner and cofounder of OceanBit. In this interview, we discuss how an old technology deriving energy from ocean temperature differences can provide unlimited renewable baseload energy, and Bitcoin’s vital and symbiotic role.

– – – –

In the 1880s, a French engineer devised an engine that generated renewable energy from the oceans: Ocean Thermal Energy Conversion (OTEC). It works by harnessing the large temperature differences between warm ocean surfaces and cold deep waters. This can occur within relatively short vertical distances (i.e. 100m). Such differences can be used to evaporate ammonia, driving a turbine, after which the ammonia can be re-liquified in a closed cycle system.

The issue since the 1880s has been the technology has not been able to achieve economies of scale in competition with cheaper energy sources i.e. coal, oil and gas. The first OTEC plant was built in the 1930s, following which a further 14 test plants have been built at various times and geographies. But, no project has been able to overcome the hurdle of progressing from prototype to operational plant.

And yet, given the size of the ocean, OTEC is the largest untapped renewable energy source in the world. Further, given the temperature differences don’t subside at night, it is a baseload supply. The potential is obviously huge. Anything that could be used to offset the capital costs of the R&D phase could lead to a new energy revolution. Enter Bitcoin.

Bitcoin mining’s utility in directly monetising energy provides significant flexibility for developing a capital-efficient OTEC prototype. Such a facility would not need to be tethered to transmission lines: it would be able to exploit the best locations for OTEC around the equator. The genius in the proposal though is that OTEC and Bitcoin mining are symbiotic: access to limitless cold water means mining efficiency can be maximised.

And there’s more. The production of energy in the ocean opens up all kinds of opportunities that could literally change the world. All from a technology that had all but been forgotten, but now stands to be reinvigorated by Bitcoin.



Source link

Previous Post

Everything Is Marketing | Announcing: Everything Is Marketing

Next Post

A Lesson in Bitcoin Volatility with Dan McArdle — What Bitcoin Did

Next Post

A Lesson in Bitcoin Volatility with Dan McArdle — What Bitcoin Did

Recommended

The Future of Bitcoin Mining & Security with Sam Wouters — What Bitcoin Did

1 month ago

What Do Economists Get Wrong About Bitcoin with Josh Hendrickson — What Bitcoin Did

2 months ago

Everything Is Marketing | Benji Hyam — Customer Research, Content Marketing, and Buyer Psychology

6 months ago

Bitcoin for Libertarian Socialists with Ben de Waal — What Bitcoin Did

7 months ago

Everything Is Marketing | Will Laurensen — Customer Value Optimization and Conversion Optimization for DTC E-commerce

7 months ago

Inflation’s Hidden Cost with Avik Roy — What Bitcoin Did

6 months ago
Podcast-(-White-) (1)

© Podcast News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact

© 2022 Podcast News Hubb All rights reserved.