Energy Realities
AI vs. Bitcoin Miners - The Fight for Energy
We are seeing lots of crazy things in the energy markets, but fights between AI, Big Tech, and Bitcoin miners are about to get dicey. Net Zero has been thrown on the side of the road and not even left with a bottle of water, and now Big Tech is taking on Bitcoin miners. - Who will strike first? You won't want to miss this episode of the Energy Realities Podcast with Tammy Nemeth, Irina Slav, David Blackmon, and Stu Turley. We are live Monday morning at 8:00 Central US from Texas, the UK, and Bulgaria.
#bitcoin #bitcoinnews #brics #energynews #netzero
Highlights of the Podcast
00:11 - Introduction
00:51 - Bitcoin Mining’s Energy Consumption
02:53 - Comparing Big Tech and Bitcoin’s Energy Use
03:38 - Big Tech’s Energy Challenges
05:40 - AI’s Growing Energy Demands
09:32 - Bitcoin’s Potential for Democratizing Finance
13:24 - Bitcoin Regulation and Central Bank Digital Currencies
14:21 - Future of Bitcoin and Energy Consumption
17:10 - BRICS vs. Swift and Global Currency Wars
20:21 - AI's Impact on Natural Gas and Energy Consumption
27:07 - Revival of Coal Plants for AI Power Needs
30:52 - Future of Energy and Tech
34:57 - Washington Post: Big Tech Loves Coal
35:35 - Ronald Stein: It’s Too Soon to Abandon Fossil Fuels
36:41 - Google turns to nuclear to power its data centers
37:05 - Bylaw could allow industrial Power producers to sell back into grid
42:08 - European carmakers plans dozens of cheaper models to survive ‘EV winter’
44:13 - The complexity of capital allocation for oil and gas companies
46:55 - EPA Power Plant rules require carbon capture, a costly technology not expected until 2055
47:35 - Poll: Voters strongly favor ‘all of the above’ energy approach over rapid green transition