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Friday, February 14, 2014 2:43:38 AM
So a lot of speculation has been tossed around regarding why would Alumifuel would invest in Bitcoin. It's simple.. ENERGY...
If you're not familiar with the Bitcoin model here's the bottom line... To mine bitcoins it takes a LOT of computing overhead. The larger miners generally have a colo-space rented from a Central Office like (60Hudson) in NY,or they set up at home, or share GPU capacity over private networks. For every transaction that passes through one's network a sliver of a coin is earned. ( VERY remedial explanation..) The primary hurdle faced with Bitcoin mining today is the increasing cost to power the Bitcoin mining hard-drives and cooling fans. Most servers, or GPU's run 24 x7 mining coins. Now introduce off-grid, self-contained, unlimited power potential at a cheaper rate and you have just increased the value of every coin mined henceforth. And, possibly stabilized a currency system that could change the future of world currency. Bitcoin value has the same value across the globe.
NOW>>> IF.. the cost to produce 1kw is less than that of traditional fuels and wire-line utility then the aforementioned along with higher ROI per coin is the sales driver here, IMO. Most miners will realize an immediate pay raise. Do you think they might for this ??
Though there is no current calculation for the cost to produced 1KW of electricity using AFPW technology, I am assuming it is considerably less than the current method. Do the math and you can clearly see AFPW and Bitcoin are on the precipice of revolutionizing Cryptocurrencies and bringing Bitcoin to the next level, wider market acceptance.. Lastly, Bitcoin has expressed interest in joining the MJ transaction business. Another HUGE opportunity if the cost of overhead is lowered.
Alumifuel is setting the stage for amazing things here!!
More on Alumifuel: Their executive team has long standing relationships with AT&T and the RBOC's. Region Bell Operating Companies. www.alumifuelpowertech.com/
Below is chart which explains the cost of 1 kilowatt based upon the country in which the data mine is located. India for example has the lowest cost of producing a kw.at 8c/kw. However, the if you've ever been to India you know a few things about how poor their electrical infrastructure is. I very unreliable at best. With Alumifuel's completely independent capability to produce heat and power anywhere mean power is no longer an issue and transporting fuel out to the middle of nowhere for generators is no longer needed with Alumifuel's technology combined with Genport.
SO.. IMHO, Alumifuel is gaining recognition from the bitcoin partnership, yes. However, the real long-term payoff is going to be in their ability to revolutionize the generation of power for systems in remote areas at a fraction of the cost of traditional wire line or fuel infrastructure while leaving 0 negative impact on the environment.. THIS IS GOING TO BE insane..!!
Cost per KW vs traditional:
India has largest profits per coin and with Alumifuels technology, these call center environments can now be utilized for off peak, call hour, mining.
http://bitcoinmagazine.com/8994/determining-electrical-cost-bitcoin-mining/
READ UP.. DD will lead you in nothing but great directions with this company, its leadership, and relationships.
Anyone recommend a good accountant please??..
GO AFPW. !! GLTA.
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