Tom A
319 posts
Australia needs to take advantage of AI before it takes advantage of us.
This is quite the show.
The progress in AI technology as demonstrated by these robots is both impressive and scary.
Impressive as to how far AI technology has come, and scary in the sense of the potential job losses AI will bring.
Australia really needs to get up to speed when it comes to manufacturing and technology skills.
The sooner we up skill our workforce to ensure we are not beholden to foreign controlled AI the better.
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@_DannyKnowles @Bitkey Looking forward to another beer and a catch up soemtime
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Tom A รีทวีตแล้ว
💥The giveaways keep coming! 💥
I am giving away another Bitkey
To enter:
- RT this post
- Drop a comment
- Follow @Bitkey. That's it!
Winner will be announced on the 22nd Feb
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@simonocollins @Bitkiwi1 On it! Thanks for the feedback, we will gladly take all and every bit of feedback our customers have!
We will get this sorted by the end of the week!
- Stay Killer 💀
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@GreenTyler27 @ausgov @AEMO_Energy @PMalinauskasMP @AmandaRishworth @LiberalAus Batteries are saturating contingency FCAS markets, while FCAS costs keep rising. Regulation FCAS remains fossil fuel dominated.
Bitcoin mining turns excess capacity into revenue while providing grid services that actually strengthen resilience. Energy abundance > energy scarcity
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@GreenTyler27 @ausgov @AEMO_Energy @PMalinauskasMP @AmandaRishworth @LiberalAus Batteries create energy scarce markets - transferring electrons from low to high value periods without generating more energy, increasing costs.
Bitcoin mining creates energy abundance markets - monetising every electron, incentivising more generation, lowering costs.
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@ausgov @AEMO_Energy @PMalinauskasMP @AmandaRishworth @LiberalAus Bitcoin Mining can help the Australian energy grid become more efficient and more resilient.
It’s already playing out elsewhere.
Bitcoin mining can act like a pressure valve for Australia’s 🇦🇺 energy grid—absorbing surplus power during off-peak times and shutting off instantly when demand spikes. Just as Ethiopia 🇪🇹 found purpose in its excess energy, so can we. Why waste what we can monetise? Let our abundant resources work for us, not sit idly by whilst families face soaring bills.
Daniel Batten@DSBatten
Bitcoin mining in Ethiopia has now their Electricity utility's revenue by $55 Million (18% of its p.a revenue) As Ethiopian Tribune reports, Bitcoin mining achieves this by: "monetising surplus energy" (energy that would otherwise have been wasted) and that "this revenue has been strategically reinvested into infrastructure development ... where Bitcoin mining profits fund the expansion of transmission lines and distribution networks." These transmission lines bring electricity to rural Ethiopians. The Tribune reports that rural electricity access "remained at just 43% in 2021". By accelerating the buildout of new transmission lines, Bitcoin mining is bringing more rural Africans out of energy poverty.
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Best Value:
LightningPay:
54,580 sats = $100
Other NZ options:
53,292 sats - Easy Crypto
44,436 sats - Swyftx
35,172 sats - Independent Reserve
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@paoloardoino This is going to be so huge when the global south realises it can access gold so easily.
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@GreenTyler27 @prosperity_au @TomPlayford3 Colocated bitcoin mining could easily turn excess renewable energy into value. Consuming behind the meter wind, and potentially providing demand response if required
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Wind power is going great guns here in SA today but the problem is we can't sell the excess to interstate users because (ta da!) they all have too much electricity due to the weather. Promoters point to this as a success when really it's crippling the grid with unreliability.
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To reiterate this because it’s important: @lightningpaynz mined bitcoin well INSIDE parliament yesterday.
These are the rarest of sats. NZ government funded non-kyc satoshis.
All the MPs in the room seemed perfectly happy for it to happen.
Lightning Pay NZ@lightningpaynz
We took a bitcoin miner to parliment and at the front door there is obviously air-port-like security it had to go through the Xray machine, and the guards were like "what is this?" it was in a big box, and I was like "its a bitcoin miner" and they were like. "OK, carry on"
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@GreenTyler27 @AEMO_Energy @SenatorRennick It can also be used as a tool for energy security. Large, predictable, flexible loads can provide security to energy assets - underwriting business cases for more growth
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Bitcoin mining ⛏️ integration could see the demand bumps easily smoothed out. There is no need for the Australian 🇦🇺 energy ⚡️ grid to be managed in this fashion. But I’m sure that the @AEMO_Energy knows that. They are incentivised not to fix the issue sadly @SenatorRennick @MRobertsQLD @MLCGame @JenniferGame6 @LibertariansAus @LibertariansSA
@ausgov @DSBatten @IREN_Ltd @AusBTCIndBody @dazbea @tomalgie
Aus Integrity@QBCCIntegrity
Explain it to me like I’m 15 Why is Labor using taxpayer cash to subsidise foreign owned solar farms, batteries and build transmission lines thousands of kms away from the point of consumption, YET Stealing solar power from households at $0.0004/kWh, or even charged for export?
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@GreenTyler27 @ausgov @AEMO_Energy @PMalinauskasMP @MLCGame @LibertariansSA @DSBatten @AusBTCIndBody @AusGovMediaTech Bitcoin mining does have a track record of lowering energy prices. If you have energy abundance, no better way to get a little Bitcoin exposure than to mine it.
bitcoinmagazine.com/business/bitco…
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We could integrate bitcoin mining ⛏️ into the Australian 🇦🇺 energy ⚡️ grid for immediate efficiency improvements 🟧
@ausgov @AEMO_Energy @PMalinauskasMP @MLCGame @LibertariansSA @tomalgie @DSBatten @AusBTCIndBody @AusGovMediaTech
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Tether creating the stepping stones for the sovereign individual!
Paolo Ardoino 🤖@paoloardoino
Testing QVAC Translate. Local on device translations for any text, document, image, audio. Fully private. @qvac
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@AusBTCIndBody Bitcoin mining also performs FCAS services cheaper than batteries - as the business case doesn’t rely on this revenue.
Additionally, by placing loads in strategic locations on the grid. We will address looming system strength challenges.
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⚡ Bitcoin Mining: The Innovation Redefining Energy in Australia
Bitcoin Mining is more than just a technological marvel—it’s a game-changer for the energy sector. Miners serve as demand-response participants, providing critical flexibility to energy grids and enabling the integration of renewables. By offering Frequency Control Ancillary Services (FCAS), Bitcoin Mining helps balance grid load, ensuring stability and efficiency.
Want to learn how cutting-edge technology is driving real-world change? Check out our Energy and Climate page for the full story.
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@AusBTCIndBody @Strike Although AMP bought Bitcoin, you can’t allocate your super to it (they told me they were still working on it).
Totally agree with the problems with the current payment systems. It’s the biggest choke to greater take up
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We’ve had over 100 new followers in the last 12 hours - thank you to everyone for helping expand our reach.
Tell us what you want to see happening to advance bitcoin in Australia.
And, if you’re inclined and able, help us execute.
Vires in Numeris. ✊
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Australia rejects Misinformation Bill.
A month later; @Meta changes its content & fact checking policies to "help free speech".
Were we ahead of the curve for once?
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@InfinityTimesMe @GreenTyler27 @DSBatten @greenglownews @alintaenergy @AGLEnergy @Mining_EnergySA @EnergyAustralia @AEMO_Energy @LrnWthMe_crypto @Loops808 @PMalinauskasMP @MLCGame @AlboMP @PeterDutton_MP Improving ROI for renewables, lowering costs of demand response and ancillary services, improving utilisation of capital infrastructure, providing green sources of heat, reducing methane emissions from stranded gas sources - all while generating the future of money
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@GreenTyler27 @DSBatten @greenglownews @alintaenergy @AGLEnergy @Mining_EnergySA @EnergyAustralia @AEMO_Energy @tomalgie @LrnWthMe_crypto @Loops808 @PMalinauskasMP @MLCGame Why would any nation say no to Bitcoin Mining when the paper quoted above shows 👇
“Bitcoin mining reduces the ROI of solar farms from 8.1yrs to 3.7yrs while reducing CO2 emissions by 50,000 tonnes/yr”
Do you have reputable information on this @AlboMP @PeterDutton_MP ?
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