LTB! #345: Bitcoin Miners, US Energy Producers and Moores Law

<p>Although some believe bitcoin mining is a wasteful activity, on today's show we dig into the relative world of constant fuel production, lumpy demand and bitcoin based load balancing.</p> <p>After years of bitcoin mining domination by china-based miners, some US power producers, both professional and incidental, are beginning to get into the game as a way to be more green. It's a narrative reversal if ever we've seen one and if proven successful by the early players could change the bitcoin mining landscape as we know it.</p> <p>But even without a "Green Bitcoin" narrative in the US, one of China's two major mining advantages has evaporated as Moores Law stretches out the useful lifespan of modern bitcoin miners hardware.</p> <p><em>Correction: Before installing miners,&nbsp;</em><a href="https://www.coindesk.com/a-new-york-power-plant-is-mining-50k-worth-of-bitcoin-a-day" target="_blank"><em>Greenidge Generation</em></a><em>&nbsp;previously shut down during off-peak season, during the episode Adam incorrectly stated that it previously shut down during off-peak hours</em>.</p> <p>Today's episode features Andreas M. Antonopoulos, Stephanie Murphy, Jonathan Mohan and Adam B. Levine</p> <p>This episode features music by Jared Rubens and Gurty Beats. Today's show is edited by Jonas, and sponsored by eToro.com</p> <p>Photo by&nbsp;<a href="https://unsplash.com/@thkelley?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText" target="_blank">Thomas Kelley</a>&nbsp;on&nbsp;<a href="https://unsplash.com/s/photos/power?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText" target="_blank">Unsplash</a></p> --- Send in a voice message: https://anchor.fm/originalltb/message