On Purpose, With Tyrone Ross artwork

Bitcoin Mining: Wasted Energy or a Better, Greener System?

On Purpose, With Tyrone Ross

English - February 15, 2021 17:09 - 22 minutes - 20.9 MB - ★★★★★ - 30 ratings
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Previous Episode: Digital Gold: How Should Financial Advisors Be Thinking About Bitcoin?
Next Episode: Market Cap Is A Flawed Metric, Here Are More Interesting Alternatives

Is it wasteful to use electricity mining bitcoin? As the Biden Administration settles into power with an ambitious agenda around clean energy, notably promising to eliminate carbon emissions from the US power generation sector by 2035, the question of bitcoin mining and it's ever-growing use of energy bubbles up once more.

In this episode of 'On Purpose, With Tyrone Ross,' Harry Sudock, VP of strategy at GRIID Infrastructure joins the show to discuss the modern energy landscape, how far we've come and where bitcoin mining can fit into a sustainable energy system.

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