2min chapter

The "What is Money?" Show cover image

Bitcoin Mining on the Ocean with Nathan and Michael (WiM239)

The "What is Money?" Show

CHAPTER

OceanBit

OceanBit makes and sells electrons in a very unique sort of way. Our company is based around Ocean Thermal Energy Conversion, which is the third or fourth base load renewable energy source. It's inexhaustible fuel source, the ocean, and it runs a heat engine based on the difference in temperature between warm surface water and deep cold water. So this is the energy of the sun hitting the surface and then that's driving some type of circular motion between the surface of the ocean and lower down in the ocean.

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