3min chapter

The "What is Money?" Show cover image

Bitcoin Mining Masterclass with Dan Roberts (WiM194)

The "What is Money?" Show

CHAPTER

Is Bit Coin Mining Helping to Accelerate the Production of Cheaper Power?

Energy owners of these energy assets, whether it be wind or solar, are kind of just leaving money on the table if they're not engaging with bit coin mining. Do you then buy into this view that, in the long run, bit coin mining helps accelerate the production of cheaper power? So this is actually its created. There's always been an incentive, obviously, to create cuper power, because energy is an input to every economic activity. But it seems like bit coin has perhaps modified or augmented that incentive to make it stronger. Is that something you buy into? In the long run. I think it is by virtue of those incentives.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode