OceanBit Co-Founder & Glorified Plumber trying to bring renewable energy to +1 Billion people using the largest untapped energy source on Earth, Ocean Thermal
@nic__carter
What is funny about Mora et. al is that it was written as part of an undergraduate class at the University of Hawaii Manoa, neither Mora (kinda big name) and Taladay (friend of mine) wrote the paper, just edited for grammar not content. Quoting it is like citing Prager U
The OTEC story is powerful enough completely upend the mainstream narrative of BTC and big enough to change the course of humanity. Completely greenfield industry with virtually unlimited upside. 2nd biggest asymmetrical bet of the century. There is no blue economy without OTEC
The trustless monetization of stranded energy is the most important (and overlooked) property of
#Bitcoin
, it enables the developing world to gain both energy & monetary sovereignty.
@gladstein
gets it, Mahalo for the shoutout!
I've known about BTC due to central bank/debt crisis -but in this conversation Alex Gladstein opened my eyes to the 'debt colonialism' and monetary exclusion ongoing in Global South. I learn a lot on these podcasts! Another piece of puzzle:
@gladstein
I am incredibly honored to announce that OceanBit has been selected to join Class 4 of the
@RiceAlliance
Clean Energy Accelerator—the preeminent clean energy accelerator in Houston! Coupled with the 25 MW plant in development this is an exciting time for Ocean Thermal!
@saifedean
since you were too chicken to meet me in LA
@PeterMcCormack
is gonna get me to you and moderate. No backing out now bud and no claiming I backed out. Nut up or shut up
Due to our work at OceanBit on OTEC we are the proud recipients of some SBIR funds! The area of focus is Desal, H2, and NH3 as well as a thorough Techno-Economic Analysis of OTEC w/ Harmon Cycle & the above for Small Island Development States. Happy 1st Aloha Friday of 2023 LFG!
@skdh
@DSBatten
Aloha
@skdh
, big fan. We are integrating it with Ocean Thermal energy to balance seasonal variations in sea surface temperature and improve the power cycle through waste heat reintegration
Fusion breakthrough was done by Gov grant as was all the tech that went into it. Sorry private market maxis real innovation is done by gov, bc there is no immediate profit and science has a low time preference where private is very high time preference. Prove me wrong with $$$
@AgoristView
As a Bitcoiner climate scientist with a decade of understanding into the physics, chemistry, and biology of it I can say with certainty that climate change is not a lie instead
#Bitcoin
is the solution.
If anything comes out of the FTX SBF shit I hope that it is the realization by VC’s that building long term capital assets in the physical world is how real value is created, not pooping out worthless tokens that do nothing.
There is almost no
#Bitcoin
mining happening in this photo. If only there was some base load climate friendly energy source that runs on that big blue wet thing hmmm.
@mosesjones
@jonny__oaks
@thetrocro
@JackRonaldi
@jyn_urso
@DSBatten
OTEC power generation scales with the square of the delta-T. BTC has enabled us to move our 10MW demo from Hawaii to the equator + I can pump the heat from the miners back into the Rankine cycle. In doing so I can make a 10MW economical unlocking full-scale OTEC for 1B people.
Excited to introduce our speaker
@NateHawaii
, CEO of OceanBit! With a deep background in marine geochemistry and a passion for Bitcoin, he's leading the charge in combining ocean thermal energy and
#Bitcoin
to revolutionize our energy future 🙌
With all the remote work drama I would like to clarify OceanBit's position. All employees are required to live at the office. To be fair the office will be a boat in the middle of the tropical ocean, with a bar, movie theater, swim calls, and 24/7 buffet
#roughneckretirement
Instead of moving energy to where industry is, move industry to where the energy is. Bitcoin enables the build out of energy generation prior to a consumer, energy intensive industry follows next, then the ppl. This is how global society shifts without force.
I have hiked up the second tallest mountain on earth and sailed to station ALOHA, sampling, analyzing, and adding my data to the climate records, confirming climate change beyond any shadow of a doubt. Do ppl really suggest I should ignore the evidence of my eyes and ears?
1/4
I would like to share my favorite response from professors at
@uhmanoa
regarding the idea that Bitcoin incentivizes renewable energy I was trying to publish at the same time as Mora et al.
This Ocean thing sounds promising. Mahalo
@LynAldenContact
you really are the best, seriously the single best question we have had to date came from you.
A lot of billionaires try to be chads by going to space, but a smarter chad would be the one to rule the oceans.
Energy, mining, exploration. Everything.
Ocean thermal energy conversion (OTEC) is a big untapped baseload power source, for example.
Having been arguing with my fellow environmental scientists (from grad students to the dean) for years, I have found that the OTEC argument for Bitcoin has changed the most minds even if it's just a small goal post movement.
Between the price of ships and the deep water pipe dropping considerably, OTEC cost curves are starting to look like PV/Wind, but for a baseload energy source. And we keep finding new revenue sources, does anybody know who would be interested in early ENSO data?
With Ocean Thermal you produce more power in the summer vs winter. The winter output is the base load, while traditionally the summer excess has been classified as intermittent. With our Demand Response tech we can now classify it as peaker capacity. 2 power plants for the $ of 1
I have been surprised by the use-cases for OTEC in the commercial space industry. Who would have thought the key to space is the ocean?
-House Atreides probably
The climate crisis is spiraling out of control. 1000s of fish are washing up dead in the Gulf of Mexico because the water is too hot to hold oxygen. This is a climate emergency.
@hodl_happy
@saifedean
I am a geochemist who has been to Mauna Loa and station ALOHA and has experience with an ICPMS. How do you expect me to ignore the evidence of my eyes and hands? You only need to understand 2 graphs, I have taught it to children and I can teach it to Saif
Remember that time oil lead poisoned the entire world. Good times. OTEC can replace 8TW of dinosaur fiat money fuel at a cheaper cost without the negative externalities. Claire Patterson is the real GOAT!
New Speaker 🏄
@NateHawaii
Nathaniel is the CEO of OceanBit. He is trying to mine
#Bitcoin
in the middle of the ocean and bring renewable energy to +1 B.
Tickets: 🌊
Many climate deniers cherry pick evidence from a small subsection of the climate. Their bias and ignorance lead to a failure in seeing that it is all but one system of water divided only by state
Want to know why decentralization matters? Come to Hawaii (literally anywhere in the state) for New Years, and judge our 100% illegal decentralized display vs your centralized home town sparks. Hau’oli makahiki hou!
@wesfromatl
@MichaelHawaii
@Dennis_Porter_
@coryklippsten
I love how when we detect Atmo-chemistry on exoplanets everyone is like THAT'S AWESOME! but when 1000's of independent scientists talk about Atmo-chemistry on earth science deniers are like you can't know that
@ChattorajTK
@Dennis_Porter_
@AlexEpstein
Damn I guess my M.S. in Marine Geology and Geochemistry and the Ocean based company I founded are just not as good as his undergrad Philosophy degree and shitty book
Does anyone know what an equatorial space port with a deep water protected port, 360 launch direction, on site fuel production will run ya these days? Oh and you can launch as many rockets as you want at any time of day without dealing with FAA, EPA, etc.
How can we ever hope to be a Type 1 civilization when 45% of all the solar power incident on the Earth falls in the middle of the ocean in the tropics?
#Bitcoin
gets us to Type 1
@BrendanFWallace
@MichaelHawaii
and I are working on an unique scalable passive carbon sequestration project backed by decades of data, research, and development and the only team of scientists, operators, and naval architects that have the experience to get it done
@coryklippsten
Lost 3 bank accounts, 2 based on company name, 1 from a single reference to
#Bitcoin
in the operating agreement. The first Hawaii based bank to integrate Bitcoin will take the entire market just like when CPB launched their App 2 yrs ago
Set up an S19J Pro with
@JeremyPoley
at the crib to take advantage of the excess PV I push to the grid that I'm getting ripped off on by my utility. The wifey is very unhappy. What do?
Mahalo
@LynAldenContact
for the kind words in your wonderful writings. Once again demonstrating why you are the best. Please read if you have not already:
OTC all I can say is Wow! You can read all the official publications but when every Super/Mid Major is singing the same tune it just hits different. All I can say is there is beaucoup appetite for Ocean Thermal and we were dead on in our market analysis and strategy. LFG!!!
Once again
@level39
flexes his chops as the absolute best in the space. When
@BitcoinMagazine
does their Energy Issue (ping
@q_liketheletter
) it’s just going to be mostly
@level39
. Keep kicking ass friend and thank you for all your work.
🧵THREAD: 1) Heat from
#Bitcoin
ASICs can be used for "ouroborosesque heat reintegration" to boost the performance of heat engines and thermal processes. It may hold the secret to supercharging economic energy innovation.
After backing out of our debate
@Saifedean
had the long time discredited Happer (phys n/a) on, lowering the IQ of the Saif simps by 10pts. The 1st thing Happer said was the 150yr Saturation argument between Arrhenius & Angstrom which was discredited almost as long ago as he was.
🧵1) Those who see
#Bitcoin
halvenings as a threat to its security budget are bearish on human ingenuity. Proof of Work will incentivize humanity to scavenge waste energy and curb emissions. Let's examine a stymied energy & carbon capture technology that Bitcoin can help revive
1/4
Having a model means we can start building charts
Here's 4 new charts for Bitcoin & Energy
#Bitcoin
has grown its sustainable energy mix @ 6.2% p.a from Jan 2020
* 6.2% growth rate is faster than any major industry
* 52.6% Sustainable mix is ⬆️ any major industry
🧵
👀 One of the largest shipping companies dropped this video on OTEC, the Chinese deploying floating OTEC plant last year,
@GlobalOTEC
starting testing on their innovative platform design. The starting gun has been fired on the global OTEC race LFG!!!
Sitting here pulling my hair out listening to Loeb and
@EricRWeinstein
. These people do not understand basic physics and their talk about leaving earth is a distraction. Humans have 1 home, we cannot survive in space.
3/4
What you’re writing about here looks to an economist like alchemy does to physicist.
You’re wasting your time and others. Please stop selling your fools gold. Or, if you prefer, quit grad school and go work for
@tyler
@cameron
twins or the Libertarian Party."
Developing an alt plan for Supercomputing as a Service on the pilot plant makes me really appreciate how great Bitcoin mining is for the energy industry. No CAC, no PPA's, no dev team, no customer service dept, just plug it in and turn water into $$$. Oh and no bandwidth problem