Whenever you hear about Bitcoin in the mainstream media, undoubtedly one of the things that comes up time and time again is the power consumption needed to secure the network and which is the latest country Bitcoin has overtaken on power usage. Is this something Bitcoiners should be worried about and can the criticism be written off as a way for Bitcoin naysayers to ignore it for a little longer? Michel Rauchs recently released The Bitcoin Electricity Consumption Index to address this issue and try and put Bitcoin's power consumption into perspective. We discussed: <ul> <li style="font-weight: 400;">Whether Bitcoin needs to be inefficient to work?</li> <li style="font-weight: 400;">If holding Bitcoin is using Bitcoin </li> <li style="font-weight: 400;">What is Bitcoin's carbon footprint and is it a concern</li> <li style="font-weight: 400;">How much of the power used to mine Bitcoin is renewable?</li> <li style="font-weight: 400;">If Bitcoin were to reach $1,000,000 would mining use all the available power on earth?</li> </ul><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Whenever you hear about Bitcoin in the mainstream media, undoubtedly one of the things that comes up time and time again is the power consumption needed to secure the network and which is the latest country Bitcoin has overtaken on power usage. Is this something Bitcoiners should be worried about and can the criticism be written off as a way for Bitcoin naysayers to ignore it for a little longer? Michel Rauchs recently released The Bitcoin Electricity Consumption Index to address this issue and try and put Bitcoin's power consumption into perspective. We discussed: Whether Bitcoin needs to be inefficient to work? If holding Bitcoin is using Bitcoin What is Bitcoin's carbon footprint and is it a concern How much of the power used to mine Bitcoin is renewable? If Bitcoin were to reach $1,000,000 would mining use all the available power on earth? Hosted on Acast. See acast.com/privacy for more information.

Whenever you hear about Bitcoin in the mainstream media, undoubtedly one of the things that comes up time and time again is the power consumption needed to secure the network and which is the latest country Bitcoin has overtaken on power usage. Is this something Bitcoiners should be worried about and can the criticism be written off as a way for Bitcoin naysayers to ignore it for a little longer? Michel Rauchs recently released The Bitcoin Electricity Consumption Index to address this issue and try and put Bitcoin's power consumption into perspective. We discussed: <ul> <li>Whether Bitcoin needs to be inefficient to work?</li> <li>If holding Bitcoin is using Bitcoin </li> <li>What is Bitcoin's carbon footprint and is it a concern</li> <li>How much of the power used to mine Bitcoin is renewable?</li> <li>If Bitcoin were to reach $1,000,000 would mining use all the available power on earth?</li> </ul> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer">acast.com/privacy</a> for more information.

Michel Rauchs on The Bitcoin Electricity Consumption Index - WBD126

The Peter McCormack Show - politics, macro, Bitcoin and AI, long-form interviews. Twice-weekly conversations about money, power, and the shifts reshaping the next decade. Peter McCormack interviews politicians, economists, investors, journalists, founders and Bitcoiners. Past guests include Liz Truss, Lyn Alden, Curtis Yarvin, Matt Goodwin, Mike Green, Balaji Srinivasan, Rupert Lowe, Firas Modad, Scott Horton, Jeff Booth, Connor Leahy, Andrea Miotti, Neema Parvini, Dr Tim Gregory and Simon Dixon. Recurring threads: the debt and inflation endgame, UK political collapse and what comes after, Reform and the populist wave, the Middle East and the American war machine, AI safety and the race for superintelligence, energy and net zero, Bitcoin adoption and policy, and the slow-motion decline of Western institutions. Long-form - most episodes run 60 to 120 minutes. New episodes 2 to 3 times per week. Video on YouTube and Spotify. Host: Peter McCormack, a retired rapper from Bedford, UK, trying to understand this crazy world.<hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

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The Peter McCormack Show - politics, macro, Bitcoin and AI, long-form interviews. Twice-weekly conversations about money, power, and the shifts reshaping the next decade. Peter McCormack interviews politicians, economists, investors, journalists, founders and Bitcoiners. Past guests include Liz Truss, Lyn Alden, Curtis Yarvin, Matt Goodwin, Mike Green, Balaji Srinivasan, Rupert Lowe, Firas Modad, Scott Horton, Jeff Booth, Connor Leahy, Andrea Miotti, Neema Parvini, Dr Tim Gregory and Simon Dixon. Recurring threads: the debt and inflation endgame, UK political collapse and what comes after, Reform and the populist wave, the Middle East and the American war machine, AI safety and the race for superintelligence, energy and net zero, Bitcoin adoption and policy, and the slow-motion decline of Western institutions. Long-form - most episodes run 60 to 120 minutes. New episodes 2 to 3 times per week. Video on YouTube and Spotify. Host: Peter McCormack, a retired rapper from Bedford, UK, trying to understand this crazy world. Hosted on Acast. See acast.com/privacy for more information.

The Peter McCormack Show - politics, macro, Bitcoin and AI, long-form interviews. Twice-weekly conversations about money, power, and the shifts reshaping the next decade. Peter McCormack interviews politicians, economists, investors, journalists, founders and Bitcoiners. Past guests include Liz Truss, Lyn Alden, Curtis Yarvin, Matt Goodwin, Mike Green, Balaji Srinivasan, Rupert Lowe, Firas Modad, Scott Horton, Jeff Booth, Connor Leahy, Andrea Miotti, Neema Parvini, Dr Tim Gregory and Simon Dixon. Recurring threads: the debt and inflation endgame, UK political collapse and what comes after, Reform and the populist wave, the Middle East and the American war machine, AI safety and the race for superintelligence, energy and net zero, Bitcoin adoption and policy, and the slow-motion decline of Western institutions. Long-form - most episodes run 60 to 120 minutes. New episodes 2 to 3 times per week. Video on YouTube and Spotify. Host: Peter McCormack, a retired rapper from Bedford, UK, trying to understand this crazy world. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer">acast.com/privacy</a> for more information.

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Michel Rauchs on The Bitcoin Electricity Consumption Index - WBD126

Michel Rauchs on The Bitcoin Electricity Consumption Index - WBD126

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