EarthyRealist.com – #CryptoCannabisCulture

What is Earthy Realist?

Earthy Realist is a multidimensional company that primarily focuses on cryptocurrency, cannabis, and culture. Presenting valuable content to its global viewers from news articles to premium products. It also provides businesses a platform to advertise cryptocurrency, blockchain, cannabis, and CBD-related goods and services.

Why Cryptocurrency & Cannabis?

Cryptocurrency is the solution to the cannabis industry’s banking problem that stems from the DEA’s outdated Schedule I status of cannabis as a controlled substance instead of the natural healing plant that it is. In comparison, investors of cryptocurrency and consumers of cannabis products (especially CBD) are individuals of society who understand the power of innovation and elevation.

Who visits our website?

Globally our website and social media subscribers are based primarily in the United States but are from almost every country with internet access. We are based in Las Vegas, NV, and tourists learn about our website from our local media promotions.

Recent Articles By EarthyRealist.com

Get new content delivered directly to your inbox.

Cryptocurrencies & Cannabis Are A Match Made In Heaven

Cryptocurrency is the solution to the cannabis industry’s banking problem that stems from the DEA’s outdated Schedule I status of cannabis as a controlled substance instead of the natural healing plant that it is. In comparison, investors of cryptocurrency and consumers of cannabis products are individuals of society who understand the power of innovation and elevation.

Article By K. Crystal Carter

K. Crystal Carter is originally from Oakland, California, where she was employed in banking for 7.5 years and a cannabis grow director and cannabis advocate at local City Hall meetings for 6 years. She currently resides in Las Vegas as one of the lead Earthy Realist team members.

Recent Articles From EarthyRealist.com

Get new content delivered directly to your inbox.

Buy Cannabis Seeds With Bitcoin

Amsterdam Marijuana Seeds is your best choice to buy high quality marijuana and cannabis seeds. The seedbank has experience with the finest seeds available on the market. Specializing in the best Feminized, Autoflowering and Medical Marijuana seeds available in Amsterdam. Some strains at Amsterdam Seed Supply have won many international prizes including more than 40 Cannabis Cups.

Coming across quality seeds can be a hassle, as many growers know. Amsterdam Marijuana Seeds takes the pain out of the strain. Their website is a grower’s heaven, providing global regional growing information, as well as books to ensure your crop is healthy and successful.

Here at Earthy Realist we love cannabis and cryptocurrency, Amsterdam Marijuana Seeds makes life easier with the option to purchase their products with bitcoin.

Matanuska Thunder Xtrm® By amsterdammarijuanaseeds.com


What They Have To Say:

With the emergence of different payment options, the Blockchain Technology adoption has saved many a pothead and cannabis farmers from loads of overwhelms. For instance, the hassle that comes with having to look for cash alternatives, and any types of inconveniences, while ensuring that they save when they buy cannabis seeds with Bitcoins from the Amsterdam Marijuana Seeds brand.

Among the few reasons that we at the AMS let the usage of Bitcoins to transact in our business include the ability to use the Internet to do every other financial doing, discrepancy, saving on our time and the customer’s, and there is no involvement of any intermediary in carrying out any ordeal.

How To Buy Cannabis Seeds With Bitcoin

The process is quite straightforward. You will first need to create your Bitcoin wallet, which will eventually enable you to keep going in such a way that you will have initiated the process of getting your cannabis seeds Bitcoin.

Secondly, you need to fund that very wallet using your preferred currency. This process is hassle-free, and depending on the company that you will deem fit to buy seeds with Bitcoin, it’ll take a couple of minutes to get going. When you get some Bitcoin currency in your wallet, thumbs up! You can start transacting right away.

Automatically Get A 10% Discount When You Use Bitcoin

Next, choose Bitcoins as your preferred payment method. To do so while on the checkout page, check on the middlemost part where we have written “Crypto’s.” As you review your order on the right part, you will land your eyes on the “review your order” prompt. Also, you will automatically get a 10% price discount that gets automatically applied during checkout.

There are loads of Bitcoin vendors, but you will need to conduct your diligence to ensure that you end up transacting with the best, reputable, and dependable company. Nonetheless, if you go the Bitcoins way, you will be in the surest path to online safety, discrepancy, and saving your time.

Article By Tabitha Wright – Information Sourced From amsterdammarijuanaseeds.com

Tabitha is a cannabis advocate who lives in California and spends her time traveling the world throughout the year.


Recent Cannabis Articles

Get new content delivered directly to your inbox.

The Big Profits In Clean Crypto: Green Bitcoin Mining

Forbes | Aug 2, 2021, 6:30am EDT | Bitcoin is infamous for wasting enough electricity to add 40 million tons of carbon dioxide to the atmosphere a year — but now, a growing cadre of U.S. miners are developing green, and lucrative, new strategies worth a fortune all their own.

Growing up in rural western Pennsylvania in the early 1970s, Bill Spence played with his pals on piles of coal waste, oblivious to the toxic heavy metals right under his feet. After working as an oil industry engineer out west, he returned home in the 1990s and found the piles—known as “gob,” for “garbage of bituminous”—still pockmarking the landscape. The present worry is that these unlined pits are leaching deadly carcinogens into the groundwater—or, worse, that they will catch fire and start polluting the air too. (Of the 772 gob piles in Pennsylvania, 38 are smoldering.) 

So Spence, now 63, set out on a mission to whittle down the piles, restore the land—and make money doing it. In 2017, he bought control of the Scrubgrass Generating power plant in Venango County, north of Pittsburgh, which was specially designed to combust gob. But gob isn’t a very good fuel, and the plant was barely viable. Later that year, after being diagnosed with pancreatic failure and kidney cancer (which he speculates may have been linked to his early gob exposure), he stepped back from the business. Bored, he started dabbling in cryptocurrencies and soon had a eureka moment: He could make the Scrubgrass numbers work by turning gob into bitcoin. 

After surgery and being taken off a feeding tube, Spence is now back at it, converting the detritus of 20th-century heavy industry into 21st-century digital gold. About 80% of Scrubgrass’ 85,000-kilowatt output is now used to run powerful, energy-hungry computers that validate bitcoin transactions and compete with computers worldwide to solve computational challenges and earn new bitcoins—a process known as mining. Depending on the price of bitcoin, which has recently been gyrating around $35,000, Scrubgrass realizes an estimated 20 cents or more per kilowatt hour (kwh) from mining, against just 3 cents selling to the power grid. Plus, because the plant is safely disposing of gob, it collects Pennsylvania renewable-energy tax credits now worth about 2 cents per kwh, the same as those available for hydropower. 

Spence is one of an emerging cohort of American bitcoin miners who are turning one of the cryptocurrency’s biggest liabilities—its insatiable thirst for energy—into an asset. Whether they’re getting rid of waste fuels like gob, helping balance the electric grid in Texas or tapping into the flares at oil-and-gas fields, these cryptopower entrepreneurs are profiting by turning digital lemons into green lemonade. And with countries such as China, Indonesia and Iran moving either to severely restrict bitcoin mining or ban it altogether, the opportunity for domestic producers has never been greater. From just a 4% share two years ago, the U.S. has grown into the world’s second largest miner, now accounting for 17% of all new bitcoins, according to the University of Cambridge Centre for Alternative Finance. 

For all bitcoin’s purported benefits, it’s also clear that the currency is an environmental disaster. Depending on bitcoin’s cost (a higher price attracts more miners), its global network sucks up between eight and 15 gigawatts of continuous power, according to Cambridge. New York City runs on just six gigawatts, the nation of Belgium on 10. Exactly how much carbon is released into the atmosphere by bitcoin mining depends entirely on what energy source is used. But the pollution is not negligible. To unlock a single bitcoin, miners must feed their machines about 150,000 kwh, enough juice to power 170 average U.S. homes for a month. 

It’s especially frustrating that high-energy inputs aren’t a bitcoin bug but rather a feature. Sure, some portion of the electricity is used to validate transactions, but much is seemingly wasted solving flat-out useless mathematical problems. This “proof of work” is simply a way to create artificial scarcity, making it far too expensive for any one group to corner or manipulate the market. In a 2010 message board comment, Satoshi Nakamoto, the pseudonymous creator of bitcoin, made no apologies: “It’s the same situation as gold and gold mining. The marginal cost of gold mining tends to stay near the price of gold. Gold mining is a waste, but that waste is far less than the utility of having gold available as a medium of exchange. I think the case will be the same for bitcoin. The utility of the exchanges made possible by bitcoin will far exceed the cost of electricity used.” 

Of course, the system could have been designed differently. There are serious cryptocurrencies, including ethereum, cardano, stellar, Ripple’s XRP and algorand, which use vastly less energy than bitcoin or are being modified to do so. Ethereum, for instance, is transitioning next year from “proof of work” to a system called “proof of stake,” which cuts energy use by 99.95%. There’s even a new currency, candela, whose protocol requires solar-powered mining. 

But bitcoin isn’t going anywhere. Its first-mover advantage has translated into a recent market cap of $700 billion, more than the five next most valuable cryptocurrencies combined. (Ether, the second most popular, has a market cap of $250 billion.) And bitcoin mining is unlikely to get much less energy-intensive. Its algorithm forces mi­ners to compete to unlock each new coin, and that competition will continue until the last bitcoin is mined, sometime around 2140. Registering a transaction on the bitcoin blockchain takes a million times more energy than processing one on Visa’s bank network. (Backers say a new Lightning transaction network designed to operate atop bitcoin could make it even more efficient than Visa.) 

“If you think it’s fake money, then any amount of energy use will be too much,” observes Ted Rogers, vice chairman of Greenidge Generation Holdings, which operates a power plant and bitcoin mining facility on Lake Seneca in upstate New York. “But bitcoin is not going away, and it is going to be the global reserve currency and the center of the future financial world.” 

To see how green bitcoin can be, look no further than the Lone Star State, whose independent power grid famously failed during last winter’s deep freeze. Dozens of power plants were knocked off­line, causing billions of dollars in property damage, and some retail customers were presented with monthly bills as high as $17,000. While the directors of the comically named Electric Reliability Council of Texas (ERCOT) have since resigned, the state’s politicians—beyond mandating that plants prepare better for winter weather—haven’t done much to reform the system. 

Fortunately, the free market seems to be coming to the rescue, with 16 gigawatts of new wind and solar projects set for construction in west Texas over just the next year. During normal conditions this will be far more electricity than is needed to fill the Texas demand gap. But it will also ensure that there’s enough power for extreme events like ice storms and summer heat waves. Bitcoin miners are acting as a kind of shock absorber for this new green power. They buy up excess energy when it’s not needed, then shut down their mining rigs when demand surges, releasing power back onto the grid. 

“West Texas is going to dominate; it will all come here,” predicts Jesse Peltan, 24, CTO of Dallas-based Autonomous (and a member of the 2021 Forbes 30 Under 30). Last year Peltan helped launch a 150-megawatt crypto mining data center near Midland called HODL Ranch, named for crypto hoarders who buy and then (typo inten­ded) “hodl on for dear life.” It’s the first large-scale operation to be powered by the region’s massive solar and wind farms. Some nights the gusts are so ferocious that grid operators give away power just to keep the system from overloading.

Here’s the key: These miners have entered into so-called “demand response” contracts with the Texas grid, whereby they agree, in exchange for rebates, to shut down their computers at a moment’s notice during times of peak power demand. This brings average power costs at HODL Ranch down below 2 cents per kwh, for a mining cost close to $2,000 per bitcoin. 

Continue Reading


5 Facts About Bitcoin

Fact #1 – There Is A Finite Supply Created

There’s a limited amount of Bitcoin. When Bitcoin was founded, the creator of the cryptocurrency only made 21 million. Right now, over 16 million are in circulation, however, more are being mined every day.

Fact #2 – It’s Important To Never Misplace Your Password/Keys

You store your Bitcoins in a digital wallet. You can log in and check your balance. One thing, though, you have to be very careful when it comes to storing your password and key, which is what allows you to access your digital Bitcoin wallet. If you lose this access, you’ll lose access to your Bitcoin wallet and the amount you have inside.

Fact # 3 – You Must Report How Much You Own

Regulations for Bitcoin are in fact still in the making, however, the U.S. government has declared that Bitcoin – as well as other cryptocurrencies – are in fact capital assets, just like bonds and stocks. Keep in mind that if you don’t account for the Bitcoins you are in possession of, you could be on the hook for tax evasion.

Fact # 4 – It’s Created Through Blockchain

Bitcoin is created through process is called mining and the core technology behind it is called Blockchain technology. It’s dependent on a network of nodes, ensuring the integrity of transaction history by achieving consensus.

Fact #5 – The Inventor Is Technically Unknown

Although Satoshi Nakamoto has been credited with developing Bitcoin in 2009, we know that most certainly this is a pseudonym for a single person or a group of people who were working on the idea. Nakamoto vanished from the Internet back in 2011, leaving only a few clues as to who he/they might be.

Trading Education At Your Fingertips!