The Massive Energy Demands of Bitcoin Mining

This chapter explores the substantial energy consumption associated with Bitcoin mining, highlighting the infrastructure efforts in regions like the UAE. It analyzes the relationships between miners and power companies while emphasizing the challenges in estimating global energy usage for this industry.

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Preston Pysh talks to Parker Lewis about his most recent article, Bitcoin is Not a Hedge, what he thinks about the upcoming cycle, whether the halving cycle still matters, whether corporations will be taking a larger part in the coming cycle, and much, much more.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:08 - Why Parker is of the opinion that Bitcoin is NOT a hedge to inflation?

12:10 - How are you helping people visualize that Bitcoin is a store of value?

29:01 - What Bitcoin is actually backed by.

39:35 - What Bitcoin's next bull market might look like.

45:19 - Why match conviction with knowledge.

01:05:02 - Parker's new book.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Parker Lewis' Twitter.
All articles that Parker has written.
Parker's New Book, Gradually Then Suddenly.
Parker's new Company Zaprite.
Parker's company Unchained Capital.
Parker's presentation on Bitcoin is Not a Hedge.
Related episode: Listen to BTC092: Bitcoin Energy & Custody w/ Parker Lewis & Will Cole, or watch the video.
Related episode: Listen to BTC069: Bitcoin Retirement Planning & Self Custody w/ Parker Lewis & Jeff Vandrew, or watch the video.

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