Absolute Foolishness - Chuck and Grass You'll probably agree with me.

[Klause]

https://www.cbc.ca/news/business/hut8-medicine-hat-bitcoin-mining-1.4834027 https://www.cbc.ca/news/business/hut8-medicine-hat-bitcoin-mining-1.4834027


We can't build pipelines, bad for the environment and global warming...

We need a carbon tax to reduce emissions.... because global warming and increasing CO2 emissions.


Now we build a f***ing server farm outside of Medicine Hat to literally compute thin air, burning natural gas (a finite resource) at a rate equivalent to a city of 60,000 people and industrial complexes... And somehow this is isn't an environmental problem????


How the hell did this get approved???? Why the hell did it get approved???


63Mw of electricity going through computers to calculate the algorithms for producing bitcoins... all produced from nat gas....

Doing some rough calculations on the power throughput and CPU efficiency, that "plant" produces 26,000,000 BTUs per hour in waste heat that's being vented into the environment. No word of a waste heat recovery system, and from the pics doubt they have one.

Computers, at maximum power give off 30% of their power consumption as heat. 19Mw of electricity goes to producing waste heat.


We have truly gone insane in this country.

[furrowtickler]

https://www.cbc.ca/news/business/hut8-medicine-hat-bitcoin-mining-1.4834027 https://www.cbc.ca/news/business/hut8-medicine-hat-bitcoin-mining-1.4834027


We can't build pipelines, bad for the environment and global warming...

We need a carbon tax to reduce emissions.... because global warming and increasing CO2 emissions.


Now we build a f***ing server farm outside of Medicine Hat to literally compute thin air, burning natural gas (a finite resource) at a rate equivalent to a city of 60,000 people and industrial complexes... And somehow this is isn't an environmental problem????


How the hell did this get approved???? Why the hell did it get approved???


63Mw of electricity going through computers to calculate the algorithms for producing bitcoins... all produced from nat gas....

Doing some rough calculations on the power throughput and CPU efficiency, that "plant" produces 26,000,000 BTUs per hour in waste heat that's being vented into the environment. No word of a waste heat recovery system, and from the pics doubt they have one.

Computers, at maximum power give off 30% of their power consumption as heat. 19Mw of electricity goes to producing waste heat.


We have truly gone insane in this country.

I doubt there will be one word from the climate crusaders on this one ..... crickets

[pourfarmer]

https://www.cbc.ca/news/business/hut8-medicine-hat-bitcoin-mining-1.4834027 https://www.cbc.ca/news/business/hut8-medicine-hat-bitcoin-mining-1.4834027


We can't build pipelines, bad for the environment and global warming...

We need a carbon tax to reduce emissions.... because global warming and increasing CO2 emissions.


Now we build a f***ing server farm outside of Medicine Hat to literally compute thin air, burning natural gas (a finite resource) at a rate equivalent to a city of 60,000 people and industrial complexes... And somehow this is isn't an environmental problem????


How the hell did this get approved???? Why the hell did it get approved???


63Mw of electricity going through computers to calculate the algorithms for producing bitcoins... all produced from nat gas....

Doing some rough calculations on the power throughput and CPU efficiency, that "plant" produces 26,000,000 BTUs per hour in waste heat that's being vented into the environment. No word of a waste heat recovery system, and from the pics doubt they have one.

Computers, at maximum power give off 30% of their power consumption as heat. 19Mw of electricity goes to producing waste heat.


We have truly gone insane in this country.

They should dump that waste heat into Cucumber Man's greenhouse there.

[blackpowder]

Wow do I agree.
At the very least I've always felt regarding electrical usage, that a paying customer in for profit business has provided the demand.
However, the blind hypocrisy is profound. Consider all of the computing demand worldwide. Or California needs being met by natural gas because it's cleaner so it's all good.

[sumdumguy]

That’s how I’m going to heat my chicken coup this winter, a bitcoin miner. Good idea! 👍 I can spend the winter in Florida spending bitcoin and know that the chickens are warm and there will lots of new bitcoins when I return - how cool is that!

[sumdumguy]

That’s how I’m going to heat my chicken coup this winter, a bitcoin miner. Good idea! 👍 I can spend the winter in Florida spending bitcoin and know that the chickens are warm and there will lots of new bitcoins when I return - how cool is that! Maybe I’ll get a green grant for the operation.

[Oliver88]

I doubt there will be one word from the climate crusaders on this one ..... crickets

Not likely because they would have to admit that a renewable energy source such as wind or solar electricity isn’t feasible without a subsidy.
The crusaders have blessed us with hundreds of cut and pastes that have stated that wind and solar make economic sense.


***crickets*****

[furrowtickler]

I need a bitcoin system here , I then can use the huge amount of carbon green excess heat to help dry my grain carbon tax free !! 👍👍👍 always an upside lol
Keep all the climate crusaders at bay and help take off a tough crop off without getting gouged by a retarded carbon tax bill .... win win 😎

[ajl]

This business is likely just as legit as most others. You have to find a product people will buy and market for everything else is saturated these days so if you can get $USD for bitcoin why not? At least this is not another stupid MJ greenhouse. Word to the wise: MJ grows in every back yard in the country, so why do you need a green house? Mind you if it is winter time 12 months of the year in Canuckistan, it will be hard to have a steady supply at times of the year.

[GALAXIE500]

This site is right next to the road that leads to the Medicine Hat Drag Racing facility. Let's see now , this flash in the pan currency tracker burns enough ****ing power to run the entire city , but the EVIL fossil fuel burning vehicles we drive are the enemy? I love the smell of a 2,000 HP alcohol burning dragster going down that track. I also like driving my 50 year old dinasaur of an old Ford to that very same track also!

My currency is in my farm , and my family. Period!