Podcast: Cleaning up the energy grid with Bitcoin mining

Marty Bent and Harry Sudock discuss Bitcoin mining, the energy grid, and the Lightning Network.

article-image

share

In the latest episode of Blockworks’ podcast “Empire,” Jason Yanowitz, co-founder of Blockworks, is joined by Marty Bent of Great American Mining and Harry Sudock of GRIID. Both are focused on using stranded or otherwise wasted energy to mine Bitcoin, reducing flaring, methane and carbon emissions whilst doing so.

Marty & Harry discuss the multi billion dollar opportunity in Bitcoin mining, the energy arbitrage opportunity, how the energy grid actually operates, the energy consumption debate and the Lightning Network.

They also discuss:

  • The Chinese Bitcoin mining exodus
  • Henry Ford’s hypothesized energy currency

Check out what they had to say in the video below. 👇

On “Empire,” once a week, Jason interviews individuals that have built the crypto industry to talk about their struggles, bold moves and tough decisions. For any NPR or Guy Raz fans out there, you can think of “Empire” like a “How I Built This” for the bitcoin and crypto industry.

Episodes are released every Thursday morning. 

Subscribe to Empire today on Apple or Spotify. Watch episodes on YouTube.

Are you a UK or EU reader that can’t get enough investor-focused content on digital assets?Join us in London on November 15th and 16th for the Digital Asset Summit (DAS) London. Use code ARTICLE for £75 off your ticket. Buy it now.

Tags

Upcoming Events

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Avail.jpg

Research

Data publishing costs have historically been a bottleneck for rollups, and as more rollups launch, interoperability will continue to be a major challenge. Avail presents a potential solution to rollup fragmentation through its three products: Avail DA, Nexus, and Fusion, which together aim to unify the web3 experience.

article-image

Bitcoin miners need to explore unconventional energy avenues or be buried by the financial realities created by this halving

article-image

BlackRock’s iShares Bitcoin Trust continues to see daily positive net flows, though its inflow total for a single day hit a new low Wednesday

article-image

Binance is making moves, from receiving a new license in Dubai to switching its SAFU fund to USDC

article-image

Miner stocks have historically underperformed bitcoin before the halving and outperformed the asset after the event, analysts note

article-image

After a one-week trial, a jury convicted crypto trader Avraham Eisenberg

article-image

A verdict in Avraham Eisenberg’s criminal fraud trial is expected this afternoon