Transmission 37 - Modo Selects - The controversy around bitcoin and energy with Nima Tabatabai (CPO @ Modo)
With so much crypto talk in the news recently we’re revisiting a classic episode - in case you missed it first time around!
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)
About our guest
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 their website here.
Find Nima on Linkedin here.
About Modo
Modo is the all-in-one Asset Success Platform for battery energy storage. It combines in-depth data curation and analysis, asset revenue benchmarking, and unique research reports - to ensure that owners and operators of battery energy storage can make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain.
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