In this episode, Andrew Myers shares his vision of bitcoin revolutionizing global power markets by making them more permissionless and efficient. He explains why entrepreneurship could become easier under a bitcoin standard, evaluates the sustainability of mega mining farms (100+ MW), and looks into the future of global energy production in relation to bitcoin miners.
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TIMESTAMPS:
00:06:19 Entrepreneurship under a bitcoin standard
00:08:25 Bitcoin adoption in the energy sector
00:13:57 Credit worthiness of bitcoin miners
00:16:30 Are mega mining farms (100MW+) sustainable?
00:18:17 Will bitcoin lead to the development of new energy technologies?
00:20:07 Will the world continue to produce exponentially more energy?
00:24:22 Will countries that embrace bitcoin have a massive advantage?
00:26:55 How will bitcoin change power prices?
00:30:54 “Who will build the roads (transmission lines)?”
00:41:04 Will bitcoin create sovereign self-sufficient communities?
00:42:19 Block subsidy trending toward 0
00:46:01 Merging of the mining and energy industries?
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What is The Bitcoin Frontier?
Join us as we explore the transformative power of bitcoin, delving into how it has reshaped the lives and perspectives of our guests. Joe Burnett’s engaging conversations offer a unique insight into their collaborative journey in exploring this monetary revolution. Discover firsthand accounts of innovation, disruption, and inspiration as we navigate the ever-changing landscape of the bitcoin frontier.
Whether you're a seasoned bitcoin enthusiast or just starting to explore its potential, The Bitcoin Frontier is your passport to understanding the future of finance.