Bitcoin Mining: Empowering Rural Towns Through Energy Capacity

This chapter explores the positive impact of Bitcoin mining on neglected rural towns by utilizing excess energy capacity, helping utility companies increase revenue and lower energy prices for consumers. It emphasizes the need for grassroots movements, local solutions, and human agency in creating positive change.

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Episode notes

Marty sits down with Aleks Svetski to discuss Spirit of Satoshi, the Bitcoin-focused AI project, as well as the upcoming edition of the Bitcoin Times.

Svetski on Twitter: https://twitter.com/SvetskiWrites

Spirit of Satoshi: https://www.spiritofsatoshi.ai/

Bitcoin Times: https://bitcointimes.io/

0:00 - Intro
6:52 - Riffing
9:53 - What is Spirit of Satoshi?
18:12 - AGI
24:04 - Closed/open source AI
33:38 - Building your own language model
41:04 - AI’s opinions are based on its master
45:02 - Data cleanliness and hallucination
52:58 - 1000 minds vs the Borg
58:59 - A wealth of data
1:03:54 - Biden’s AI executive order
1:05:26 - AI agents and Bitcoin
1:12:23 - ASICs
1:16:36 - Energy
1:21:09 - Bitcoin Times Energy Edition, ESG
1:32:16 - Bitcoin is energy
1:39:29 - Conquering mindset
1:49:21 - Wrapping up