In this episode, we start with laying the foundation for the massive energy consumption requirements for Bitcoin - it then turns to the fundamentals of the technology, then to the unique use case of bitcoin mining, which is connected to the future of, you guessed it, capacity markets. We finish up with a nice historical throwback to the connection of US dollars and oil. All this to say, this is not your typical blockchain in energy episode. It will leave you with a solid and nuanced take on why the entrance quote of the episode, from one of the world thought leaders on technology and energy, is not up to the DER task force standards for thoughtful distributed energy debates. Don't forget to subscribe to our newsletter at www.dertaskforce.com and be a contributing task force member at our meetups and slack channel.
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#12 Is Bitcoin a Backup Generator?
www.dertaskforce.com
#12 Is Bitcoin a Backup Generator?