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#1163 Robert Bryce | Russia, Ukraine, Nuclear, & Bitcoin: Energy Market Deep Dive

The Pomp Podcast

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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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