Why bitcoin mining is good for reducing carbon emissions
Today I am pleased to welcome Jaran Mellerud. Jaran holds a Masters in Energy Management from Nord University in Norway and works at Luxor Energy. His focus is on the bitcoin mining industry. We will discuss why energy is even necessary in bitcoin, how much energy do gold mining and other industries consume, is there enough clean energy for bitcoin, the properties that make bitcoin optimal to develop renewable energy, how bitcoin can become carbon negative, recent hash rate increases and bitcoin price, and much more.
01:33 Why does bitcoin need energy
06:41 Comparisons to other industries
11:08 Bitcoin and renewables
15:03 5 properties that make bitcoin perfect for developing clean energy
26:55 Methane and bitcoin helping become carbon negative
34:59 Switzerland and bitcoin
37:51 Hash rate and bitcoin miners
44:58 Rapid fire questions
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