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#1163 Robert Bryce | Russia, Ukraine, Nuclear, & Bitcoin: Energy Market Deep Dive
The Pomp Podcast
Bitcoin Miners Are Stabilizing the Grid?
The Bitcoin miners are stabilizing the grid, then so am I. They're locating in areas where there was a lot of gas that was being flared and they're saying, hey, we'll use the flare. We'll run it through a turbine or reciprocating engine, we'll produce power and then we'll mine Bitcoin with that juice. And so I think this is great. I mean, they're producing something that has value from something that has no value and was creating pollution. So I think that's a big win.
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