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4min chapter
Lyn Alden: Bitcoin's Energy Usage Isn't a Problem. Here's Why.
Swan Signal Live - A Bitcoin Show
Bitcoin Mining and Natural Gas Flaring
The US Energy Information Administration estimates 1.48 billion cubic feet of natural gas was vented or flared per day on average in the United States throughout 2019. That's 150 terawatt hours of energy, which is higher than the estimated total peak level of Bitcoin's annualized energy usage in 2021. The producers get to sell their gas rather than wasted, while earning higher ESG scores and meeting state flaring limits. It's a win-win scenario for producers and the Bitcoin miners.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode