2min chapter

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#1116 Matt Lohstroh On Why Every Oil & Gas Company Will Mine Bitcoin

The Pomp Podcast

CHAPTER

Is There a World Where the Saudis Are Not Doing This?

The Saudis have the largest oil and gas company in the world. The World Bank puts out a ton of stuff on flared data. There's like, that is not a controversial thing whatsoever. And so naturally, if you're like, okay, we're going to drill these old wells,. We have a massive amount of natural gas come on. But then we know in 18 months, it's going to be cut down by 90%. That's where it comes from.

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