"Bitcoin: HEAT is COOL and COOL is COOL"
Byproducts can super useful and a side business for profitability.
Famous Byproducts:
SAWDUST - from making lumber
STRAW - from harvesting grain
WHEY - making cheese
One of my favorite quotes from mining bitcoin is: "Bitcoin doesn't waste energy, it uses waste energy." Bitcoin mining unlocks some more of the Bitcoin bricks, every ~ 10 minutes, in a Bitcoin house made up of 21,000,000 bricks already built.
Like the Wizard of Oz, the curtain lifts a little bit more every during those new blocks, some of which is made up of simple code, the halving is simply 6 hard coded lines.
During the mini Bitcoin reveal parties where there is always the same one color, orange balloon, there is always a byproduct to the curtain pulling effort. Heat.
This Bitcoin byproduct of heat, is heating Bath Houses in New York City, to pools and floors all around the world.
But it's freaking hot in the desert, like the Sonoran desert of Phoenix, Arizona, or Dubai hanging out in the Arabian desert.
They don't need heat, they need cool, so is anyone working on that part of the Bitcoin Mining giving back Rabbit hole?
Note this "Nature" article:
https://www.nature.com/articles/542023a
News Feature
Published: 02 February 2017
"How heat from the Sun can keep us all cool"
XiaoZhi Lim
Nature volume 542, pages23–24 (2017)
As demand for air conditioning climbs, some see a solution in the very thing that makes us sweat: the Sun.
"The gas-squeezing step is needed because to shed heat outdoors efficiently, the refrigerant must be very hot before it goes through the condenser, explains Colin Chia, co-founder of the Singaporean company Ecoline, which developed Hotel Star Sapphire’s air-conditioning system. In electrical units, this is done mechanically. But there is another way — simply using heat.
One of the oldest air conditioners to be built on this principle burned wood to supply the heat and was introduced at the World Exhibition in Paris in 1878. It was “a marvellous old machine”, says Christian Holter, chief executive of SOLID, a company in Graz, Austria, that specializes in large-scale solar-thermal cooling and heating systems. Called absorption chillers, the devices use heat from the Sun to boil the refrigerant out of a solution — typically water from a salt solution, or ammonia gas from water. Then the gaseous refrigerant goes through condensation and evaporation stages similar to those in compression systems (see ‘Two ways to chill’)."
My Open Ended Conclusion:
One of the first Air Conditioners (Paris 1878) was wood burning. Why can't we heat and cool things from the same Bitcoin mining HEAT byproduct?