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Pic of The Jim Rutt Show

Currents 035: Steve Barbour on Mining Bitcoin with Methane

June 24, 2021
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The Jim Rutt Show

Description

Steve Barbour talks to Jim about his company, Upstream Data Inc. — a company that uses natural gas to mine bitcoin. They cover the dynamics of excess natural gas release, how methane is normally vented or burnt up, Upstream's environmental impact, mining hardware setup & efficiency, cost per kilowatt, customer RIO, bitcoin uses, monetary theory, 2nd & 3rd generation cryptocurrencies, inflationary currencies, zero-sum environmental thinking, and more.