![What is Crypto w/ Michael Nye artwork](https://is3-ssl.mzstatic.com/image/thumb/Podcasts123/v4/48/ba/e6/48bae645-29fd-d053-6d25-320f27600d44/mza_9060567022411713044.jpg/100x100bb.jpg)
Mining with Solar Power and Plouton Mining
What is Crypto w/ Michael Nye
English - July 25, 2019 23:49 - 13 minutes - 11.2 MB - ★★★★ - 100 ratingsTechnology bitcoin entrepreneur health interview fitness business entrepreneurship crypto lifestyle blockchain Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Sign up for our newsletter at https://Evolvement.io.
Evolvement is a podcast hosted by Nye that revolves around Bitcoin, cryptocurrency, blockchain technology, and how these play a role in the current financial models and economic systems of the world.
In this episode, I sat down Ramak J. Sedigh of Plouton Mining to talk about mining cryptocurrency in the Mojave Desert. The proposed setup is 10-12 MW in size and will be use to power a mining facility during the day and at night the miners will use grid electricity. Working with local government Plouton estimates the cost for planned setup to be $10-$12 million dollars.
Learn more at www.ploutongroup.com/ploutonbitcoinmining/site/index.html
Thank you to Ramak for his time. Thank you to our sponsors CasperLabs! And thank you to all our listeners! You guys help make this possible.
Timestamps
00:02:00
What’s the premise, how does it work?
00:03:30
How did this all begin?
00:07:21
Is this a solution for Proof of Work cryptos?
00:08:10
What coins will be mined?
00:08:30
What about other coins or tokens?
00:09:05
What is the competition doing?
00:10:10
What does the future look like?
00:11:00
What are the regulations for something like this?
00:12:30
Where can people find you?