Transmission 07 - The controversy around bitcoin and energy with Nima Tabatabai (CPO @ Modo)
Bitcoin mining is one of the most controversial topics in energy right now. Its supporters believe that it has the potential to create new and flexible commercial avenues for energy infrastructure, while its detractors say that it’s a waste of energy that would be better used elsewhere. In this episode, Modo’s Chief Product Officer Nima Tabatabai joins Quentin to discuss:
- Bitcoin’s energy usage - past, present, and future.
- How bitcoin mining works.
- Potential opportunities for intermittent renewables.
- Long-term impacts on the energy industry.
- And, of course, why this topic engenders such strong opinions on both sides of the divide.
Referenced in the episode:
Bitcoin Mining Council Data Review - Q4 2021 (https://bitcoinminingcouncil.com/wp-content/uploads/2022/01/2022.01.18-BMC-Q4-2021.pdf)
The Bitcoin Mining Network: Energy and Carbon Impact (https://coinshares.com/research/bitcoin-mining-network-2022)
Nima is a long-term bitcoiner and a co-founder of Optimize Infrastructure, a company sitting at the intersection of bitcoin mining, solar and storage. To find out more about what they do, head along to: https://optimizeinfrastructure.com/
Find Nima on Linkedin: https://www.linkedin.com/in/nima-tabatabai
Phase by Modo is a media network dedicated to energy markets and energy storage in Great Britain. Make sure to subscribe to the podcast. To find out how Modo can help you build the future energy system, check out: https://modo.energy/
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