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

Research report HL cover.jpg

Research

It's increasingly apparent that orderbooks represent the most efficient model for perpetual trading, with the primary obstacle being that the most popular blockchains are ill-suited for hosting a fully onchain orderbook. Hyperliquid is a perpetual trading protocol built on its own L1 that aims to replicate the user experience of centralized exchanges while offering a fully onchain orderbook.

article-image

CoinFund, EDX Clearing and Nonco are among the first users of the offering

article-image

Crypto mixers continue to be a target of government scrutiny

article-image

If recent history is any gauge, most teams still opt for the “sugar high” of short-term degen adoption over pursuit of more sustainable users

article-image

The iShares Bitcoin Trust saw zero flows Wednesday, according to Farside Investors, after seeing $15.5 billion enter the fund in its first 71 days

article-image

The Merlin Chain Bitcoin layer-2 grew by roughly 2,000% in the past month

article-image

The DOJ charged the CEO and CTO with a count of conspiracy to commit money laundering and a count of conspiracy to operate an unlicensed money transmitting service