What People Get Wrong About Bitcoin’s Climate Footprint: Nic Carter

The video discusses Bitcoin's energy consumption, highlighting its reliance on both renewable and non-renewable sources. It explores the geographical impact on mining, particularly in China, where hydropower is abundant. The video compares Bitcoin's system to traditional monetary systems, emphasizing the differences in energy use. Innovative solutions for clean energy adoption in mining are presented, including the use of natural gas. Finally, the future of Bitcoin mining is discussed, focusing on the shift from new issuance to fee-based revenue.

What externalities are associated with Bitcoin being a geography-independent energy buyer?

What is the main source of revenue for Bitcoin miners currently?

How does the future of Bitcoin mining revenue change as the subsidy decreases?