Is Bitcoin Mining an Arms Race? | Zach Bradford | Compass Podcast
As regulators continue to criticize Bitcoin mining for its carbon footprint, public mining companies are getting ahead of the narrative by exclusively using renewable sources for their power. In this episode we talk with Zach Bradford from CleanSpark about being a public mining company, the challenges of ESG power sourcing, and the future of the Bitcoin mining industry.
https://twitter.com/CleanSpark_Inc
HOST:
Whit Gibbs: https://twitter.com/BitcoinBroski
🎥 TIMESTAMPS:
Begin 00:00
Intro 00:34
Zach's background 00:54
Data center energy optimization 02:55
CleanSpark vs. other miners 04:32
CleanSpark future 06:15
Mining mergers 07:30
Mining is not an arms race 09:24
Equipment lifespan 13:25
CleanSpark expansion 15:03
Why ESG mining? 18:09
Renewables vs. fossil fuels 21:44
Bitcoin community split on ESG 24:56
Regulation 27:14
Does the ESG narrative go away? 29:19
Hiring talent 32:07
What's exciting 34:00
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