🔔 Beg for energy you peasants

Not enough people truly care about green energy and the future right now, but give them a way to profit from it, and you can bet they suddenly will...

The cheapest energy in the world is energy that goes unused or is wasted, often stranded renewables in remote parts of the globe. If bitcoin miners can access that energy, they become more profitable. Location does not matter; that energy can be anywhere, and bitcoin mining is constantly seeking it out.

The first relates to gas flaring. This is the practice in the oil and gas industry of burning off the huge quantities of natural gas that rise to the surface as oil is extracted from wells. That gas is often uneconomic to pipe to market and so, to dispose of it, it is flared.

Some $20bn worth of gas is flared every year – as much CO2 and other greenhouse gases are released into the atmosphere as a result as from the use of 200 million cars: 150 billion cubic metres of gas. It’s an extraordinarily wasteful and polluting practice. The World Bank has attempted to impose initiatives to eradicate it, but it continues.

If only the oil and gas industry could find a way to turn that gas to profit, then much of the waste and environmental harm could be averted.

Enter bitcoin.

One company, Great American Mining, has found a means to deliver portable bitcoin mining machines, in great crates, to oil and gas fields. That energy from that gas is now used to power bitcoin mining operations.

In July, another start up, Compass Mining, signed a 20-year deal with nuclear fission company Oklo, which builds microreactors. The deal enables Compass to use all the excess energy from Oklo’s microreactors. The partnership is a “beacon” for the intersection of cryptocurrency and clean-energy development, says Oklo CEO Jacob DeWitte.

Bitcoin mining generally is making use of unwanted land close to nuclear power stations, especially in France.

Bitcoin gets singled out for criticism. No other industry receives as much scrutiny, but in fact it is making better use of wasted or renewable energy sources than almost any other large-scale industry in the world.

 Greedy speculators are helping the environment by lifting the price of carbon https://t.co/ptUS6ePadE— Bloomberg Asia (@BloombergAsia) August 4, 2021 

“A rising carbon price is exactly what was intended to address the ‘climate crisis,’ ”

Spain has called on the EU to back measures to limit surging electricity prices as controversy deepens over the cost to ordinary citizens of the bloc’s strategy to reduce carbon emissions.

High prices and charges could provoke a backlash against carbon-cutting initiatives, with Spain in the “eye of the hurricane”.

She added that the EU rules on pricing appeared to better suit countries such as Germany and Poland, which need investment to phase out their large coal industries.

As well as pushing for the bloc to devise a new pricing mechanism, Spain wants the EU to use existing legislation to restrain or push down soaring carbon trading prices.

 It’s called #BrexitReality but there’s no mention of it.

Shameful that our media is too often failing to be honest with the British people.

Critical skills shortages are a direct result of #Brexit.

Brexit was built on lies. pic.twitter.com/aODQjzGZK2— Anna Soubry (@Anna_Soubry) August 3, 2021 

 Always good to talk @davegaz #nurses glad we have #scrapthecap Need to recruit & retain more nurses. pic.twitter.com/6kPciomM97— Anna Soubry (@Anna_Soubry) December 1, 2017 

Data from recruitment firm Reed, first reported by The Sunday Times, has found that average salaries this year have risen by 18pc across hospitality and catering, 10pc in retail and 4pc overall.

According to Reed, the average salary in hospitality is now £26,888 compared to £22,701 last year and £23,425 in 2019. The average salary in retail is now £29,310, it said, compared to £26,758 last year and £23,425 in 2019.

Economists said the staff shortages were due to factors connected to the pandemic, such as the furlough scheme, students studying from home and people having moved out of big cities, as well as Brexit.

 Create an account on EQONEX before August 8, and we will give you $100 in #EQO as part of our first anniversary welcome bonus.

There are only 5 more days to get the best welcome bonus.https://t.co/9JXTc3GieO pic.twitter.com/3y26MtU1SV— EQONEX (@eqonex) August 4, 2021 

"The goal is to help people," said Enrique Veiga, the 82-year-old engineer who invented the machine during a harsh drought in southern Spain in the 1990s.

"The goal is to get to places like refugee camps that don't have drinking water."

The devices made by his company, Aquaer, are already delivering clean, safe water to communities in Namibia and a Lebanese refugee camp.

The machines use electricity to cool air until it condenses into water, harnessing the same effect that causes condensation in air-conditioning units.

While other water generators based on similar technology require high ambient humidity and low temperatures to function effectively, Veiga's machines work in temperatures of up to 40 Celsius (104F) and can handle humidity of between 10% and 15%.

A small machine can produce 50-75 litres a day, and be easily carried on a trolley, but bigger versions can produce up to 5,000 litres a day.