Currents 035: Steve Barbour on Mining Bitcoin with Methane
June 24, 2021
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1:00:21Now PlayingCurrents 035: Steve Barbour on Mining Bitcoin with Methane
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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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