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CLIMATE ONE:  Bitcoin Uses a Ton of Energy – On Purpose. Is it Worth It?

CLIMATE ONE: Bitcoin Uses a Ton of Energy – On Purpose. Is it Worth It?

FromCommonwealth Club of California Podcast


CLIMATE ONE: Bitcoin Uses a Ton of Energy – On Purpose. Is it Worth It?

FromCommonwealth Club of California Podcast

ratings:
Length:
59 minutes
Released:
Apr 14, 2023
Format:
Podcast episode

Description

Studies estimate that global bitcoin mining uses more electricity than most countries, and that bitcoin mining may be responsible for about 65 megatons of carbon dioxide a year, comparable with the emissions of Greece. Some bitcoin operations are bringing old coal plants back on line, even as lobbyists for the bitcoin mining industry argue that mining operations can have a positive impact on the climate by creating more demand for carbon-free power. But even if all of the power were derived from green sources, is bitcoin mining really the best use of renewable electricity? 

This episode features a report by multimedia journalist Lily Jamali of the public radio program Marketplace, who takes us inside a crypto mining facility in upstate New York.

Guests:
Rolf Skar, Senior Advisor, Greenpeace USA
Brittany Kaiser, Chair of the Board, Gryphon Digital Mining
Thomas Cmar, Senior Attorney, Earthjustice 
Freelance news feature by Lily Jamali of Marketplace

For show notes and related links, visit https://www.climateone.org/watch-and-listen/podcasts
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Released:
Apr 14, 2023
Format:
Podcast episode

Titles in the series (100)

The Commonwealth Club of California is the nation's largest public affairs forum. The nonpartisan and nonprofit Club produces and distributes programs featuring diverse viewpoints from thought leaders on important topics. The Club's weekly radio broadcast — the oldest in the U.S., since 1924 — is carried on hundreds of stations. Our website features audio and video of our programs. This podcast feed is usually updated multiple times each week.