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Jun 13 17 tweets 4 min read Twitter logo Read on Twitter
Quick follow up to one of my previous threads on #bitcoin, energy use and Kardashev level societies.

Regarding the advantages of nuclear energy, such as its high energy density, lower pollution levels, and potential for greater reliability. Nuclear has the potential to be a significant contributor to our energy needs, and it is indeed considered a viable option
The availability (on Earth) of uranium or other fissile materials required for nuclear reactors is limited. The Non-Proliferation Treaties have also slowed the growth of development into Nuclear reactors. Image
The number of countries operating power reactors in 1996-1997 reached 32. It took another 23 years to reach a new peak at 33 countries.

Nine of the current 33 nuclear countries have either nuclear phase-out, no-new-build or no-program-extension policies in place. Image
All of that aside, how long, roughly, will our current globally known supply of fissile materials last?

It's challenging to provide a precise estimate due to the numerous variables involved, we can offer a rough estimate based on some assumptions.
According to the World Nuclear Association, known conventional uranium resources are estimated to be around 6.2 million metric tons. Image
Assuming a typical light-water reactor with a once-through fuel cycle, a rough average conversion rate of 1 metric ton of uranium into approximately 27,000 MWh of electricity can be used
Global electricity consumption varies significantly, but for the purpose of estimation, let's take a rough figure of 25,000 TWh (terawatt-hours) per year, which is approximately the current global electricity consumption. Image
Now, if we divide the known conventional uranium resources (6.2 million metric tons) by the conversion rate (27,000 MWh per metric ton), we get an estimate of around 167,000,000,000 MWh of electricity that could be generated from these resources.
Dividing this by the annual global electricity consumption (25,000 TWh or 25,000,000,000 MWh), we get a rough estimate of around 6,680 years.
Considering an average compound growth rate of 3% in energy generation and use, and the current known deposits of fissile material, we can revise the rough estimated time frame before running out of fissile material.
Assuming a constant 3% annual growth rate in energy generation and use, the global electricity consumption would roughly double in approximately 23.5 years.
Given the estimated uranium resources of 6.2 million mt, and assuming no additional discoveries or technological advancements, if the rate of consumption doubles every 23.5 years, it would take roughly five doubling periods to exhaust the known conventional uranium resources. Image
Adding up the durations of these five doubling periods, we get an approximate estimated time frame of around 352 years before exhausting the known conventional uranium resources
A mix of energy sources will be needed in the future, but stalling on the buildout and research into clean, truly renewable energy must be focused on.
Charts taken from Google and Fissilematerials.org link below.

fissilematerials.org/library/gfmr22…

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More from @wasrichnowbroke

Jun 13
The #bitcoin Energy Gravity model by Blockware solutions is an interesting take on the interplay between mining expenses, demand, and price

Here's a quick summary.

static1.squarespace.com/static/5de588a…
The Blockware Intelligence Research Report focuses on the relationship between the price of Bitcoin and its mean operating cost of production. The report highlights the importance of this relationship in Bitcoin price cycles and the long-term monetization of the asset Image
#Bitcoin has two market prices: the traditional $/BTC exchange rate and the (Energy * Time)/BTC exchange rate. Both prices increase over time but not necessarily at the same rate. The growth in Bitcoin's price is driven by increasing scarcity and growing adoption of the network.
Read 7 tweets
Jun 13
I read the @UN and @antonioguterres Common Agenda Policy Brief so you don't have to.

There are a lot of key words that they use when talking about the spread of 'information' online in Social Media and why they don't like it.

un.org/sites/un2.un.o…
The stated purpose of this brief is to establish a framework that disallows dissenting opinions that do not fall within scientific consensus. We all know that facts, science and knowledge, when governed by a single body will always be the truth. Image
Saying the quiet bits out loud. The UN has had enough of people opposing their Sustainable Development Goals and now will have to force it on you. Image
Read 13 tweets
Apr 18
I said I would do a #bitcoin / Societal Breakdown / Empire Collapse - Root Cause Analysis (RCA) and it got a little more complicated than expected.

Then, the interweave of our modern life IS complicated, so, not unexpected.

A thread 🧵 Image
1/ Some of the inspiration for this came from @saifedean and his book The Fiat Standard. I thought to use his chapters as prompts. I also looked to use @RayDalio and his Rise and Decline of Empires (as below). Image
2/ First of all, lets define a Root Cause Analysis.

RCA is a method of problem solving used for identifying the root causes of faults or problems.

A factor is considered the "root cause" of a problem if removing it prevents the problem from recurring.

en.wikipedia.org/wiki/Root_caus…
Read 25 tweets
Apr 15
Energy use has become demonized by the MSM by association with carbon emissions.

Energy use is essential to our survival as a species. Let's do a quick look at how far behind the curve we are.

1/ 🧵

#bitcoin #energy #kardashev Credit: Chris Cold
2/ Proposed in 1964 by Soviet astronomer Nikolai Kardashev, the Kardashev Scale is a method of measuring a civilizations technological advancement based on the amount of energy it uses.

Extensions of this methodology are used but the major classifications are Type I to III Image
3/ A type I civilization is able to access all the energy available on its planet and store it for consumption.

Type I is characterized as having a power consumption of 10^16 W (Watts)

Type I has harnessed, for its use, all major forms of energy available from its home planet.
Read 26 tweets
Apr 14
#Bitcoin is a Walnut from Jupiter

Patience, virtue and a Plebeian uprising.

🧵 Image
1/ Walnuts are believed to be one of the oldest tree foods, dating back to around 7000 BC. Their Latin name, Juglans Regia, is derived from the name of the Roman god Jupiter and literally translates to ‘Nut of Jupiter’.
2/ They are anti-inflammatory, anti-parasitic, and anti-aging. They have also been found to promote brain function, control blood pressure, and even improve male fertility. Image
Read 24 tweets
Dec 2, 2022
Fiat feedback loops - Eating to destruction.

A brief #bitcoin related thread.🧵
Ouroboros, the world snake, Jörmungandr. The image of the snake eating it's own tail has been around for many thousands of years. It is the cycle of life and death, the samsara, the beginning and the end of time.
It can be a symbol for eternal cyclic renewal, a fertility symbol, a phallic symbol. Quite often it is described as encircling the whole world, a singular creature with no mate.
Read 21 tweets

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