In this episode, Max Gagliardi, an expert in the energy industry, shares his journey into the sector and discusses its misunderstood aspects, inefficiencies, and potential for innovation. He evaluates different energy models, including ERCOT and the national grid, and the challenges in energy development. Gagliardi also explores the future of energy breakthroughs, the feasibility of modular nuclear reactors, and the historical significance of energy in civilizations. He addresses the dynamics of renewable energy, oil prices, and the influence of bitcoin mining on the energy industry. Finally, Gagliardi shares his personal interests in tech, real estate, and energy investments.

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TIMESTAMPS:
00:00:00 Intro
00:01:22 Max in the energy industry
00:05:57 What's one surprising fact about energy?
00:11:25 Oil and mineral property rights
00:14:10 Where are the inefficiencies?
00:19:20 Future energy disruption or innovation?
00:23:58 Renewables benefiting China?
00:27:36 Understanding energy grids
00:29:29 Upcoming energy breakthroughs
00:31:25 Civilization, energy, and money
00:36:34 Bitcoin mining and energy
00:39:24 Energy executives and bitcoin mining
00:42:42 How are miners thinking about the 2024 halving?
00:47:30 Hashrate trending up relentlessly
00:52:00 What's interesting outside of bitcoin?

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