M A N U E L 🕊
@mghds_Because every breath I take proves that I can live without you.. The fault is not really in the stars. Work on yourself.
Well, I've got a proven trade strategy with which can be getting guaranteed returns weekly. I'll recommend you give it a try. You can be rest assured as I'm the one to guide you through aevery process.
Most importantly, we asked ourselves whether other technologies or processes could do the job that Bitcoin does. For example, could flared methane be used for other good? Could flaring be reduced by better regulation?
While not investment advice, this is my opinion as a fund manager on the Trader Analysis case for Bitcoin with me! If you’re a manager of fund where #bitcoin is an investment candidate: failure to consider #BTC in the mix is gross negligence to your trading obligations
Here's the amount of emissions offset through methane mitigation currently across industries: Bitcoin: 6% Banking: 0% Gold: 0% Steel: 0% Automotive: 0% Aluminum: 0% Construction: 0%
There is also much work to do to educate people who were exposed to inaccurate takes on Bitcoin.
The tide has turned in the narrative around Bitcoin & Profit Gains.
3 big insights from my trip to Sydney for the WBD interview and live event.
The first: there is a landfill gas powered Bitcoin mining operation actively mining in Australia !
You can mine Bitcoin on landfills for ~40 years * Landfills are active for 30-50 years. Landfill gas is 50-55% methane * For 20 years post-closure, methane % drops 1% /yr * Power generation is possible til methane % is under 30-35% Not enough methane? Move to next landfill
I found that more recently released equipment appeared to be underrepresented, and equipment nearing the end of its lifecycle was overrepresented. …we will explore the consequences of these changes when applied retroactively...
This, however, led to a disproportionally large number of older devices compared to newer ones in our assumed hardware distribution.
Key details complaint should be share with me! DM is Open. "The backbone of our previous CBECI methodology was the assumption that every profitable hardware model released less than 5 years ago equally fuelled the total network hashrate.
They also deserve praise for their transparency about historical overestimations, and transparency about the factors not yet considered that could "reasonably be expected to lower our emission estimates". I agreed.
While there is still much work to do on the emissions estimate side, CCAF should be praised for updating their model, which is now very much in line with what those with updated industry data like my company, Blockware, Coinmetrics, the Bitcoin I have been using for some time.
Otherwise flared natural gas, using and subsequently sealing orphaned gas wells, and mitigating methane emissions from landfills, but also extend to other novel concepts such as waste-heat recovery.
CCAF acknowledge: "Emerging concepts we have yet to consider but could reasonably be expected to lower our emission estimates include the potential to mitigate methane emissions by mining operations collocating next to oil fields and utilising.
They are still overestimating emissions by 67.6% due to emission intensity calculations that are both overestimated, and out-of-date (have not been updated since Jan 2022). This is an improvement upon the previous estimates which were out (DM for more info!)
CCAF have not yet revised their emissions estimates beyond the direct impact of revised energy consumption.
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