EP364 Will Bitcoin Push Humanity Into a Kardashev Type 1 Civilization?
Simply Bitcoin17 Nov 2021

EP364 Will Bitcoin Push Humanity Into a Kardashev Type 1 Civilization?

Simply Everything Bitcoin / Nov 16th 2021

► Humanity has yet to reach a Kardashev Type 1 Civilization. Bitcoin gives value to otherwise wasted energy sources for the first time in history this will push energy producers to become more efficient and stranded energy to far away from consumers now has a base value. The use of electricity is directly tied to the prosperity of the human race and we believe Bitcoin will play a major role in giving the entire world energy not just wealthy countries.


► Nick H CEO from Luxor Mining Pool explains how mining pools work and why they are necessary in Bitcoin Mining


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DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.


Timecodes:

0:00 - Intro

0:16 - BTC Stats

3:43 - Daily Fail

14:25 - BTC & Kardashev Type 1 Civ.

20:45 - Meme Review

24:33 - BTC News

43:41 - Mining Pools Explained

53:00 - Software Release


#Bitcoin #BitcoinDailyNews #BitcoinDailyRecap

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