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Bullish on Bitcoin on Energy 101
FromEnergy 101: We Ask The Dumb Questions So You Don't Have To
ratings:
Length:
62 minutes
Released:
Jan 26, 2023
Format:
Podcast episode
Description
This week Justin Ballard, (the Bitcoin Lawyer) gives us a 101 in all things bitcoin.Here are three things we learned:Bitcoin mining brings prosperity to third-world countries: Monetizes grid infrastructure in areas that wouldn’t normally have access to power. A great example of this is Gridless Compute, which enables cheap and reliable energy in Kenya. Bitcoin mining lowers emissions in oil and gas: Flaring is a major cause of waste and emissions. Bitcoin mining uses that flared gas as power instead of polluting the air. Bitcoin mining eliminates wasted renewable energy: As renewable energy sources such as solar and wind power can be inconsistent and unpredictable, it can be difficult to store the excess energy they generate. By using this energy to power bitcoin mining operations, it can be put to good use instead of being wasted.
Released:
Jan 26, 2023
Format:
Podcast episode
Titles in the series (31)
Welcome to Energy 101: Wondering how you ended up here? So are we. Just kidding. This is the first episode on our journey to raise the world's energy IQ where we introduce ourselves. Bare with us while we work out the kinx. (We are first-time podcasters). by Energy 101: We Ask The Dumb Questions So You Don't Have To