Climate One  cover image

Bitcoin Uses a Ton of Energy — On Purpose. Is it Worth It?

Climate One

00:00

Bitcoin Mining in Texas Saved Lives in a Winter Storm

We have a regulatory regime for utilities that was designed on affordability and reliability. The regulations never envisioned these companies coming in behind the meter, so to speak,. It seems like they are exploiting a loophole. Without Bitcoin mining last year, we wouldn't have been able to power large parts of the Texas grid. And therefore Bitcoin mining saved lives this past winter in Texas.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app