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Also its not so easy for private entities to own and operate windmills. They are intermittent power generator, meaning they need to store excess energy to smooth out the output. Also they need to be connected to the power grid, to ensure power stability. There the 'battery´ could be the hydroelectric dams, they can level the outputs in response to the windmills.

Heyr, heyr!

It said renewable/green which would INCLUDE GT and HE. It said 100% was renewable, not GT. It later mentioned GT twice in a context unto itself. Finally, the elves remark is clearly a joke.

Wait, there is no Elves?

@@DCMarvelMultiverse No, 62 percent of the people of Iceland themselves have said they believe in elves. Although how serious they were being when they said that is up for debate. But they have even diverted things like roads and stuff in order to avoid them. www.bbc.com/travel/article/20181217-the-elusive-hidden-people-of-iceland

I would ask for you but I don't want to disturb them

Good one 😂

Weirdly enough, some consider Dwarves to be other nature spirits since they are also called “Dark elves” in the lore. Dungeons and Dragons be damned

There's always geographics 😅

@@crashingdown6924 geography is really a bitch. Good for Graham's peace of mind that he doesn't care about the mistakes made in his videos

Icelandic people don't believe in elves, just fyi

@@halldorherm Surveys say otherwise - www.bbc.com/travel/article/20181217-the-elusive-hidden-people-of-iceland

And of Emiliana Torrini.

I would say exporting green energy should be a long term goal even if it's very expensive to set it up

They are rich in geothermal energy, and bitcoin mining in cold places with abundant green energy is a no brainer.

It isn't, all the infrastructure has to be new, hence the reason why we don't see it anywhere yet, cause otherwise someone had already exploited such a lucrative opportunity, hydrogen has to be lowered to extreme temperatures as well as huge pressure, and it's super prone to leaks, so the only industry which could remotely easily retool for handling hydrogen is LNG, but such projects profit way more from gas which is way cheaper and can be used from the get go. Oil tankers are essentially useless, it's like comparing a barrell to a rocket grade fuel tanks

We can't use existing infrastructure for hydrogen. Hydrogen is way more evil to store and transport than normal gas, if you try to use existing infrastructure all of your multi billion dollar pipe network will suffer rapid hydrogen embrittlement and fall to pieces. If you want to use hydrogen you have to build everything from scratch.

@@disposabull If you clearly read the context of my post has shifted to E-fuels as an opition. That is when I pointed out existing infrastructure. Even then some infastructure is still avaliable for hydrogen, boats for shipping all kinds of things exist, as to roads and rail whoch are used for all sorts of chemicals. Even if the effort to repurpose or "hydrogen proof" things is required the knowledfe exists how do do so. Never mind the arfuement that the British government plans to shove hydrogen blended with natural gas down the exisitng gas network in the next 10 years and very little was said about it being an isaue. Hard to say who is wrong between a government that is hated by the press that their every sentence is picked apart vs a single youtube comment but I know which way im leaning

@@imakro69 If you read my comment you can see I was speaking of E-Fuels when mention existong infrastructure. Even then as you contradict yourself saying "LPG tankers might be able to handle it" which is indeed something that exists. @Mikhail Brichchi We dont see it anywhere because Hydrogen makes absolutely no sense unless there is a massive surplus of energy. Energy losses in productio, transportation and use of hydrogen are so large that it cant compete with energy effecience of current battery EVs. Never mind the nonsense that it blue hygren production being absolutely brain dead proposition (yes i know a lot of ground work is needed so simplying fuel production allows for time to get things in place) Now for the debate, is it up to the individual companies in the free market to priortise their survival/profits vs enacting government policy? There are times when both overlap certainly but companies priority is fundamentally themselves and their own interests. Expecting the private market (oil and gas companies) to be the solution to our problems....a problem that is being made worse by their very existance is dilusion. Yes there are exceptions etc but relying on the private sector to fix the problem is stupid. Relying on the government to fix it is just as bad. Individual actions will dictate how both will react so ultimately the chosen solution lies in the hands of the people coming together as a collective. Ultimately we dont see it because for a massive outlay ie massive risk the is only the potential for massive reward IF hydrogen factors into government plans. The is verry little in the way of hydrogen production never mind solving the micro problems of distrubution or use when no plan for anything has been put in place.

@@Javadamutt The British government says a lot of things and sets a lot of ambitious targets but rarely accomplishes them. HS2 was supposed to cost £10bil and be finished by 2018. It's 2021, they haven't laid a single inch of track and the bill is now £90bil.

Trading crypto has been a lucrative way of making money

Stocks are good but crypto is more profitable

I'm new to forex trade and I have making huge losses but recently I see a lot of people earning from it. can someone please tell me what I'm doing wrong

all you need is a professional trader else you will continue making losses

How can someone know a professional account manager that is trustworthy when legit once are hard to find this days

Unfortunately all that energy is going to Bitcoin mining.

I kept laughing at this

the main problem with that though is that aluminium smelting contributes around 17% of our export revenue, I don't think we can afford not having them since tourism is pretty unstable and they know that. Don't get me wrong I dislike all greedy corporations and am very much for regulations and unions, however I do not want another 2008 financial crisis, the aluminium smelters can be regulated better after we see that our ecenomy is doing fine despite of the impact that the virus left on our economy

@@IAOIceland1984 Of course don't abandon industry, nationalise it! Tourism is like sugar, it's nice to have some after lunch, but living off it will not end well.

Also, the elves always need more power.

Not Bitcoin. It will always remain as PoW

You really don't need someone to tell you how to invest your coin,you can make research on your own and also try doing it yourself first

which recommend broker do you trade with?

I will introduce you to Clara

@@sydneyparker2210 Do you mean Clara Johnson?

Did you even watch the video? Lol

Which is exactly why bitcoin mining is best for the environment when it's done in Iceland 5:53. Low to no energy cost and Iceland is naturally cold so there is no need for air conditioners. Also, Icelandic Aluminum is mined through electrolysis which also green energy.

Perhaps read an article or ya know, watch the video 🤡🤡🤡

Because it's a gamble.

@@gregoryrowlerson8457 😂

island should raise prices for energy to a higher level and let the population benefit. They should have learned the lesson from 2009 desaster and become sustainable., not cheap unhealty and growing industry where they do not benfit in the long run - like tourism.

@@typxxilps do you think it's cheap in Island?

Not really

Scottish accent over British, any day of the week 🤤

@@RyanBlockb5 you mean English accent not British. The Scottish are British too.

Bitcoin value will be what the buyer is willing to pay, it is legal to buy through coin exchanges in most of the west, but internationally I'm less sure. Thought I should clarify you also mentioned japan as a environmentally friendly country, it really isn't, most of its energy production is from coal oil and gas

@@CroydondebruyneAhh bitcoin is a pseudo currency then Somewhat devious haha How its value is valued is now clearer to me so thanks Yes I did mention Japan, Japan has a 67% renewable energy ratio currently But also has cutting edge technology it has embraced like no other country 🌡️🌤️

@@EAcapuccino apologies but I'm confused where your getting the 67% renewable energy for Japan from, 90% of their energy is from fossile fuels (oil, coal, gas)

No it won't... The entire point of proof of work is the WORK part... "mutual risk" is proof of stake and that is moving towards less work (aka banks...) so why not just have those? "quantum entanglement" would require more entanglements if it wants to be translated to work logic... "more elegant code" the cryptography is intentionally fast to produce and verify and slooooooow to reverse engineer... That's the whole point of it... So in cryptography more elegant code means being exactly what it is now as the worst thing is when somebody finds an elegant solution that increases "mining" speed (aka random brute force searching for numbers that produce the desired result string). Le' me being tired of such random not-knowing-what-I-m-talking-about-but-talking-non-the-less and going back to fixing a bug in bitcoin node code as my lunch time is over...