Good Afternoon, welcome to the Hashrate Hotel, how may I direct your call?

By LeftFooted | bitcoinea | 16 May 2022


I went to the Tomorrow Conference in Belgrade and I spent the last three days talking to people pitching me ideas. I'd bankroll them all if I had the cash but I don't. So I figured the best thing to do is to have a look and, if I think they're interesting, talk about them.


Many, many cans of Ultra, basically discount Red Bull, and Dogma beer later I got home and emptied my three tote bags only to find a bunch of business cards and promotional leaflets. Which means I'm gonna spend the next three days trying to figure who is who, and who was doing what.


It only took three cups of coffee but I eventually decided I should start by checking the Hashrate Hotel, which is pretty much what it says on the cover: a crypto mining hotel.


In short, what they do is they serve as a hub for miners, allowing people to split the cost and use a 20/0.4 kV power supply, up 1 gbit of speed and with 12 MW/h capacity. They also give you access to an app that allows you to keep track of electrical consumption in real time and power on/off your equipment remotely.


I'm not a miner, and I don't think I'll ever be. Partly because my brain melts every time somebody uses the words "super" and "computer" in the same sentence, and also because the costs are truly becoming prohibitive. But I do think we need change our tactics when it comes to mining, and make it more 'socially acceptable'.


I've crossposted this article on Bitcoinea and LeoFinance, more updates on the conference coming soon.

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LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


bitcoinea
bitcoinea

Let’s talk crypto 💎💠

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