Energy Consumption & Cryptocurrency's Surprising Secret - The Energy Show with Mike Mauceli

Have you ever thought about the correlation between energy consumption and digital currencies? As it turns out, they might be far more associated than most people are aware of. In this episode, Lee Bratcher joins Mike Mauceli to discuss the technical aspects of blockchain technology, and how it interfaces with the harvesting and consumption of energy.Show more

SHOW NOTES:

00:00 – Intro
05:25 – How can energy byproducts generate Bitcoin?
09:18 – How much natural gas is needed to justify this type of capture setup?
11:51 – Can the U.S. dollar be used in blockchain transactions, or is it only digital currencies?
15:46 – Would the U.S. economy be impacted if oil and gas were transferred via blockchain?
19:50 – What is at risk from countries banding together to make their own digital currencies?
26:07 – Do experts anticipate credit ratings affecting our interactions with USD-backed digital coins?
32:30 – What is the cost of a ‘bitcoin operator’ facility?

Looking for more on Lee Bratcher?
X: @lee_bratcher
Website: www.texasblockchaincouncil.org

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