The Positive Externalities of Bitcoin Mining

Dan Roberts, Co-Founder & Co-CEO of Iris Energy, joins me for an in-depth conversation about Bitcoin Mining. We discuss what it's like running a Bitcoin Mining company, Bitcoin Mining's energy & production costs, how Bitcoin encourages entrepreneurship & the future of Bitcoin mining.

Be sure to check out Swan Private, the trusted Bitcoin financial services provider for high-net-worth individuals and businesses worldwide: [https://www.swanprivate.com/breedlove]

GUEST
Dan's Twitter: https://twitter.com/danroberts0101
"Iris Energy" Website: https://irisenergy.co

PODCAST
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:

Outline
00:00:00 “What is Money” Intro
00:00:08 Learn about Bitcoin with Swan Private at SwanPrivate.Com
00:01:37 Introducing Dan & his story into Bitcoin
00:06:48 What led Dan to Bitcoin Mining?
00:10:56 What is Bitcoin Mining?
00:15:38 Relationship between Bitcoin Price & Cost to Mine?
00:19:19 Correlation between Hash Rate & Bitcoin Price
00:25:07 Explaining the “51% Attack” & Why Bitcoin Incentivizes Honesty
00:36:12 Explaining Bitcoin Energy Consumption
00:41:52 Watch "Hard Money with Natalie Brunell" From Swan Studios
00:42:37 Take Control of Your Healthcare with CrowdHealth!
00:43:36 How Bitcoin brings back Honesty in Energy Prices
00:47:50 How is Bitcoin is the “Buyer of Last Resort” for Energy?
00:50:00 Discussing Regulated & Unregulated Operating Markets
00:55:37 How has China Bitcoin Mining Ban Impacted the Mining Market?
01:00:58 Bitcoin Incentivizing Entrepreneurship & other Positive Externalities of Bitcoin Mining
01:08:12 Will Bitcoin help Accelerate the Production of Cheaper Power?
01:11:30 Explaining how “Iris Energy” is “Leading Mining Efficiency”
01:15:38 Discussing the Future of Bitcoin’s Energy Mix
01:20:00 What is it like Working in Bitcoin Mining?
01:22:27 Where to find Dan’s Work
01:23:21 “What is Money” Outro

SOCIAL
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WRITTEN WORK
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