Bitcoin miners want the cheapest source of electricity to mine bitcoin. Many climate change activist attempt to make an argument that bitcoin is bad because it uses so much energy. How can we resolve this? On today's episode I dive into innovative ways that Bitcoin can be mined that help the system instead of just "generating more load". Ways of creating and consuming electricity that only benefit the environment and potential climate change.
News and Links
Iranian Exports
https://bitcoinmagazine.com/legal/iran-greenlights-bitcoin-crypto-payments-for-imports
Compound Service Down
https://cointelegraph.com/news/compound-ceth-market-bricked-by-update-7-day-wait-on-vote-to-fix-it
Paraguay President Vetos Crypto Bill
https://cointelegraph.com/news/president-of-paraguay-vetoes-crypto-regulation-law
Avax Price Drops Because of https://www.coindesk.com/markets/2022/08/29/crypto-coin-avax-drops-11-after-self-described-whistleblower-says-avalanche-weaponised-litigation-against-rivals/
Sats Calculator - Flirting with Bitcoin
https://goals.flirtingwithbitcoin.com/
JP Morgan
https://yellowblock.io/most-of-crypto-is-still-junk-and-lacks-use-case-jpmorgan-blockchain-head/
Mining Bitcoin with Old Tires
https://bitcoinmagazine.com/business/mining-bitcoin-with-energy-from-waste-tires
Podcasting 2.0 Apps available at http://newpodcastapps.com/ and Value4Value information page available here: https://value4value.info/
I can be reached by email at mcintosh@gen-btc.com and on twitter at @McIntoshFinTech. My mastodon handle is @mcintosh@podcastindex.social. I'm also on matrix at @mcintosh1775:matrix.org. Looking forward to hearing from you!
Website
Music Credits
Rock Guitar Intro 07 by TaigaSoundProd
Link: https://filmmusic.io/song/8342-rock-guitar-intro-07
License: https://filmmusic.io/standard-license
Funky Life by WinnieTheMoog
Link: https://filmmusic.io/song/6040-funky-life
License: https://filmmusic.io/standard-license
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