Gonna tell us what it's called? :p
Just saying... I'm eyeing Etna volcano in Sicily.
Wondering if someone could raise capital via a STO to bootstrap #bitcoin
mining operations.
Damn... only if there was a fully fledged STO platform coming up later this year...
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It's-a secret
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If you look at Vesuvium there is plenty of houses just around. I agree that Etna would be much easier though since it is an active Volcano
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Yep. I really hope Vesuvium will stay quiet for 1000 more years.
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Please have a look at the Potential of Geothermal Energy for Bitcoin Mining in the Philippines...pic.twitter.com/YTrYbXxlOj
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I'm right next to Pinatubo
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just to put things into perspective: if 1 good volcanic well gets 95MW (avg well gets only 4MW), then Bitcoin needs 1.1 million volanic wells to run per year. and the geothermal industry is 13GW worldwide, so it needs to expand by 8400x to meet BTC's energy needs.
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The Bitcoin network does not need any certain amount of electricity to function. If 50% of the miners stopped mining right now, the network would continue to function as normal.
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Use Stromboli island next to Etna!
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