Elon Musk’s Bitcoin U-Turn

Elon Musk’s Bitcoin U-Turn:

Nothing But PR & Energy Politics

By Sonnet Gomes

I was so content with my current tiny investment in Cryptocurrency, especially Bitcoin, till last night. When Elon Musk’s Bitcoin U-Turn simply throws me off the edge.

Musk’s Tweet on suspending vehicle purchase using Bitcoin not only struck a boult on me but also my itty-bitty crypto asset. No wonder I was enraged to see the price dropping, and my investment is fading away.

However, it took me a while to come to my senses (thanks to my wife for a late-night Coffee) and realize what is actually going on.

Musk’s Twitter Activity from Last Night

The entire Tweet, I am sure, will amaze almost anyone. Let’s look at a few lines of it first, and then I will dive deep into them.

  • “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel” (O Boy, O Boy! we had no clue about it until the Tweet!)
  • “Cryptocurrency is a good idea on many levels, and we believe it has a promising future” (So Tesla and SpaceX are not dumping all its crypto assets because they are nothing but energy-guzzler carbon-emitting machines)
  • “Tesla will not be selling any Bitcoin, and we intend to use it for transactions as soon as mining transitions to more sustainable energy” (He actually loves Bitcoin and keeping all the digital assets for future use. Wondering what it’s that? Well, the next Bitcoin big selling)

Continue reading

ENERGY SAVING TIPS THAT COST NOTHING

ENERGY SAVING TIPS THAT COST NOTHING

By D. S. Mitchell

My PUD

I was on my local PUD (Public Utility District) website to make my monthly electric service payment, when for the first time I noticed they had a tab for Energy Saving Tips. Whoopee! So, without hesitation I opened the tab and found a treasure trove of no cost to moderate cost energy-saving tips. I was so impressed I printed it off for later reference. Hopefully you will find it helpful and will share all your new knowledge with friends and family.

No Cost Options

Saving money and addressing environmental issues are both good things.  Some of the tips may be familiar and obvious while others are not. Take a look and see if you can’t find something that will help you save energy and benefit the environment. An energy-efficient home will be a pleasure to come home to while saving you money.

Jump Start Energy Saving Now

  • Lower your thermostat when you go to bed or when you are away from home. Use a programmable thermostat, so it is automatic. Every degree lowered can decrease the heating portion of your energy bill by 2%.
  • Get in the habit of shutting off lights as you leave a room. Don’t forget to shut of PC’s and other devices when not in use.
  • Close your fireplace damper when there is no fire. Leaving it open is like having a 48 inch square hole in your house.
  • Set your water heater to 120 degrees F. (which is comfortable for most people). When going away for any length of time set it to vacation mode, or simply turn it down.
  • When washing cloths or dishes, wash only full loads and those in cold water.
  • Air-dry your dishes or use air-dry feature on the dishwasher. When weather permits, hang your clothes outside on a clothesline to dry.
  • Use kitchen and bathroom fans to cut moisture, as needed.
  • Set your refrigerator between 36-39 degrees F.
  • In the winter, open south-facing drapes/blinds during the day to let heat in and close all window drapes and blinds at night.
  • Unplug laptop or cell phone battery chargers when not in use. Most draw power continuously, even when there are no devices plugged into the charger.
  • Vacuum refrigerator coils of lint and clean the lint from clothes dryer often to increase efficiency.
  • Use a toaster over or microwave for cooking and heating small portions.
  • Use zonal-heat (baseboard, ceiling or wall heat) to your advantage by only heating rooms that are in use.
  • Consider using jugs of water to occupy the space in your refrigerator. It takes more energy to cool an empty fridge than a full one.

Continue reading