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The Bitcoin Layer
Bitcoin Is REVOLUTIONIZING Energy Consumption Worldwide
Jun 20, 2024
Marathon Digital Holdings CEO Fred Thiel discusses bitcoin mining agreement in Kenya, global energy landscape in AI era, bitcoin's impact on future energy consumption. Topics include heating homes in Finland, methane digestion, electricity transmission deficiencies.
43:11
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Quick takeaways
- Bitcoin mining in Kenya leverages natural resources for energy consumption.
- AI and Bitcoin mining convergence optimizes power efficiency.
Deep dives
Marathon's Deal with the Government of Kenya
Marathon Digital Holdings, in collaboration with the Kenyan government, is leveraging Kenya's abundant natural resources like geothermal, hydro, and solar energy for digital asset compute, such as Bitcoin mining. By forming a committee with government officials, the agreement aims to identify energy assets suitable for mining activities. This strategic partnership not only monetizes Kenya's underutilized energy assets but also benefits the local population by generating revenue from stranded energy sources.
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