Energy Companies Are Missing Out on Bitcoin Mining

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In this episode of the Bitcoin Magazine Podcast, the guys bring on Brandon Green, another Bitcoin Magazine staffer, to talk about a spicy op ed he recently wrote about the Bitcoin mining energy consumption problem. Green flips the problem on its head by asking why more energy companies aren’t seeing the business opportunity in servicing cryptocurrency mining companies. The conversation meanders into the territory of universal basic income, the cost of printing money and even candy bars.

Interview

• Op Ed: Bitcoin Uses a Lot of Energy, So Where Are the Energy Companies?

Sponsors

• Coinmine
• Haven

Twitter

• Bitcoin Magazine
• Brandon Green
• Dave Hollerith
• Grahm Petersen

DISCLAIMER: The following content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this presentation constitutes a solicitation, recommendation, endorsement, or offer by BTC Media, The Let’s Talk Bitcoin Network, or any third party service provider to buy or sell any securities or other financial instruments.

The post Energy Companies Are Missing Out on Bitcoin Mining appeared first on Bitcoin Magazine.

Via: Energy Companies Are Missing Out on Bitcoin Mining

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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