Bitcoin and Electricity
Week 7 of saving K500 into Bitcoin got us 20,874 sats
Access to cheap Electricity = $300,000+ (current Bitcoin reward)
Energy is the lifeblood of Bitcoin(and everything else, really) — and access to cheap electricity is the modern-day equivalent of finding gold in the hills.
Bitcoin runs on proof-of-work (PoW), a consensus mechanism where miners compete using computers to solve mathematical puzzles. The first to solve the puzzle wins the block reward — currently worth over $300,000 in Bitcoin(3.125 BTC). That’s a massive incentive, but there’s a small catch: solving these puzzles requires serious computational power, which consumes a lot of electricity.
And here’s where things get interesting.
Power/Energy is Everywhere! — But Not Always Usable
Electricity is all around us. Solar rays hit the earth with more energy in an hour than the entire planet uses in a year. Rivers generate kinetic energy that can power thousands of homes. Wind, geothermal, Fracking, even methane from cow waste — are all sources of power. The issue is that electricity is difficult to transport over long distances without losing efficiency or requiring costly infrastructure.
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So in many parts of the world, we have stranded energy: power that gets produced but never used. Think remote hydro plants, off-grid solar farms, or gas flares in oil fields. These sources churn out electricity that no one can tap into — except Bitcoin miners.
Bitcoin Turns Energy Into Value
With an ASIC (Application-Specific Integrated Circuit) miner like the Antminer S19, you can bring the miner to the power source instead of trying to bring the power to the city. Plug in, point it to the Bitcoin network, and that “wasted” electricity starts earning Bitcoin. Wasted energy to money!
It’s a revolutionary idea: energy that once had no buyer is now digital cashflow.
Miners that can access cheap electricity are sitting on a goldmine. With just the right setup, even small off-grid setups can be profitable. The formula is simple:
Access to cheap electricity = potential access to $300,000+ every 10 minutes (every new Bitcoin block).
Energy Access is Wealth Access
The playing field is shifting. Instead of needing land or oil or Wall Street connections, the new frontier is energy access. If you can find untapped power and plug in a mining machine, you can extract value directly from the fabric of the internet.
Even without Bitcoin, no nation is great without access to energy!
And this is just the beginning. As global energy systems evolve and more renewables come online — many of which produce energy intermittently or in remote areas — Bitcoin is positioned as the ultimate buyer of last resort for energy that no one else can use.
In a world overflowing with wasted power, Bitcoin doesn’t just consume — it harvests. And that changes everything.
#Stacksats
