BTW, These are not well-known quotes from Thomas Edison. I read through old papers from the early 1890s a day at a time to trace this electricity history. https://t.co/3YMei8VGWb ...

RT Adam Lowisz X Meetup 🇺🇸🇵🇱🇪🇺🇬🇧🇺🇦 (@AdamLowisz)The world needs more electricity ⚡ https://t.co/myLasKrEhE ...

LATEST: ⚡ Shark Tank investor Kevin O'Leary argues that the underlying electricity powering Bitcoin mining can be more valuable than the BTC itself, as owning the power gives you the option to either mine or lease it out. https://t.co/C2kh2GhNcR ...

Bitcoin Mining Activity - Libya's subsidized electricity enabled a Bitcoin mining boom [1] - This mining activity accounted for approximately 0.6% of the global hashrate [1] - The increased electricity demand strained Libya's power grid [1] Regulatory Response - Libyan authorities are intensifying efforts to crack down on illegal Bitcoin mining operations [1]

Energy Consumption & Cost - AI's electricity demand doesn't necessarily lead to increased power bills [1] - Surge and discount pricing are simple solutions that can significantly impact electricity costs [1] Potential Solutions - Implementing surge pricing could help manage electricity demand [1] - Offering discount pricing could incentivize off-peak electricity usage [1]

Cryptocurrency & Technology - The report explores whether Bitcoin can function without electricity [1]

AI and Energy Infrastructure - The American big tech companies are allocating $320 billion (USD) in capital expenditure (capex) for the next year, surpassing the combined capex of the automotive and manufacturing industries [1][4] - A kilowatt of power is more valuable today than ever before due to the energy demands of AI [1] - Capital is flowing towards regions with stranded gas, such as Pennsylvania (Bacan, Perian, Marcelus), to convert gas to electricity for data centers [2] - Converting gas to electricity and then to intelligence is the core process of an AI factory [3] - Fiber optic cable permitting faces less resistance compared to pipelines and transmission lines [3] - Collocation is becoming a strategic move for companies seeking electricity and permits [4] Regulatory and Permitting Environment - The previous administration aimed to accelerate permitting for energy projects, including coal mines, uranium mines, and gas pipelines [5] - The environmental assessment (EA) and environmental impact statement (EIS) processes were previously used to obstruct infrastructure development [5] - The Department of Interior set a goal to complete environmental assessments in 14 days and EIS in 28 days, significantly faster than the typical multi-year timeframe [6]