SLP348 Nick Hansen Luxor - Bitcoin Mining Narratives & Hash Rate Derivatives
Stephan Livera Podcast
00:00
How Much Energy Does the Bitcoin Mining Network Use?
Glanwold: We can tell you the amount of energy that the bit coin network uses. He says if every machine on the mining under tit coin network right now were in s nine, we'd use about 18 gigwats. Glanwold: The cheapest sources of energy are generally the cleanest. Using a flare gas captur, your cost is effectively zero. In some cases, you get paid to take off that extra gas.
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