Currents 035: Steve Barbour on Mining Bitcoin with Methane
June 24, 2021
1 hr
1
Bonus
182 of 461
June 24, 2021
Currents 035: Steve Barbour on Mining Bitcoin with Methane
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The Jim Rutt Show Episodes Around June 24, 2021
Episode 182 of 461 — walk the feed in the order it was published.
1:00:21This episodeCurrents 035: Steve Barbour on Mining Bitcoin with Methane
Summary
Steve Barbour talks to Jim about his company, Upstream Data Inc. — a company that uses natural gas to mine bitcoin. They cover the dynamics of excess natural gas release, how methane is normally vented or burnt up, Upstream's environmental impact, mining hardware setup & efficiency, cost per kilowatt, customer RIO, bitcoin uses, monetary theory, 2nd & 3rd generation cryptocurrencies, inflationary currencies, zero-sum environmental thinking, and more.
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