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Podcast: The Peter McCormack Show
Episode: Bitcoin Mining 101 with Harry Sudock - WBD400
Description: Location: New York Date: Sunday 19th September Company: Griid Infrastructure Role: VP of Strategy Bitcoin mining requires energy expenditure as a fundamental pillar of the proof-of-work consensus mechanism. While bitcoin is considered energy-intensive by some, it is often misreported in the media, overlooking its importance and the positive benefits for humanity of having sound money. Similarly, while some criticise bitcoin mining as wasteful, there is ignorance regarding how mining companies are improving communities, the efficiency of the energy grid, and even the impact of energy use itself. So how is b...