Efficiency and Electricity Consumption of Bitcoin Mining

Alexander Neumüller joins me to discuss the Cambridge Bitcoin electricity consumption index model, the impact of Bitcoin mining on the climate, the antifragility of Bitcoin, and the data analytics of Bitcoin mining. 

Alexander Neumüller is a research associate at the Cambridge Centre for Alternative Finance. 

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// OUTLINE // 
00:00:00 - Coming up 
00:00:35 - Intro 
00:02:08 - Helping Lightning Startups with In Wolf's Clothing 
00:02:54 - Introducing Alexander Neumuller 
00:03:28 - Backstory and Introduction to Bitcoin 
00:07:52 - Alexander’s Research Project 
00:12:23 - The Cambridge Bitcoin Electricity Consumption Index 
00:18:00 - Revisions of the Index Model 
00:25:11 - Run Your Business from Anywhere with NetSuite 
00:26:17 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 
00:27:26 - General Impact of Bitcoin Mining on the Climate 
00:33:37 - The Mining Map 
00:36:09 - Bitcoin Mining in China: Before and After the Ban 
00:40:23 - Anti-Fragile Nature of Bitcoin 
00:45:45 - An Additional Energy Buyer 
00:48:36 - Enhance Your Brain Power with Mind Lab Pro 
00:49:43 - Take Control of Your Healthcare with CrowdHealth 
00:50:50 - Evolution of ASIC Mining Equipment 
00:54:22 - More Hashrate, More Electricity, More Security 
00:58:50 - Where to Find Alexander on the Internet

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