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Breaking Down the Bitcoin Energy Debate w/ Nic Carter (Castle Island)

Coinbase: Around The Block

00:00

Bikin's Energy Consumption Is Carbon Footprint

Bicqon's energy consumption would roughly match the aveage energy consumption across the globe, and therefore that the carbon footprint from biin's energy consumption is relatively high. "It's not a correct assumption to believe that a bitcoin is going to match the generic energy mix of electricity generation," he says. Bicqon miners are location agnostic, so you can pretty much mine anywhere. You can't just do a steel mill anywhere.

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