Episode 28
Bitcoin’s Energy Use
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Today I talk to Christopher Bendiksen about the massive misunderstandings and bad data floating around regarding Bitcoin’s energy use and its impact on the environment. Christopher works for Coinshares a firm offering private strategies in the Bitcoin space who authored a whitepaper on Bitcoins energy through intensive research and interviews with players around the world.
Today we discuss
- The miscalculation of total energy useage
- Bitcoin’s reliance on Renewables
- The incentivisation of new rural energy sources
- Why Bitcoin needs to use energy
- Why Bitcoin must continue to use more energy
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