About this episode
Nic Carter is a general partner at Castle Island Ventures. He is cofounder and chairman of Coin Metrics, host of the On The Brink podcast, columnist for Coindesk, and an advisor to the Bitcoin Clean Energy Initiative and to Core Scientific. Comments on the White House Report on the Climate Implications of Crypto Mining https://medium.com/@nic__carter/comments-on-the-white-house-report-on-the-climate-implications-of-crypto-mining-8d65d30ec942 Nic's Annotated Version of the Climate and Energy Implications of Crypto-Assets in the United States https://niccarter.info/wp-content/uploads/09-2022-Crypto-Assets-and-Climate-Report_nc_annotated_091522.pdf Follow Nic on Twitter https://twitter.com/nic__carter IN THIS EPISODE: 0:00 Intro 1:07 OSTP "highlights" 3:39 Chief issues, PoS, PoW 4:12 No novel data 5:31 No industry subject matter experts 6:15 Non-peer reviewed journal content 8:02 Faulty reliance on De Vries / Digiconomist 12:01 Energy consumption 13:18 E-waste 14:50 Emissions 17:17 Faulty reliance on Gallersdorfer, Klaassen, and Stoll 19:43 Citing Mora et al "worst paper ever written" 21:27 Deeply conflicted approach to data 23:20 Electricity use and Bitcoin mining n Texas; ERCOT 29:37 Miners using renewables 30:16 Dismisses flare gas mitigation 34:22 Claim: using stranded renewables inhibits transmission 36:36 Gives miners no credit for subsidizing renewable buildout 39:23 Refuses to guess on future energy trajectories 42:07 Recommendations are stupid, counterproductive ✔️ Coin Stories is powered by @Swan Bitcoin the best way to build your Bitcoin stack with automated Bitcoin savings plans and instant purchases. Swan serves clients of any size, from $10 to $10M+. Visit https://www.swanbitcoin.com/nataliebrunell for $10 in Bitcoin when you sign up. If you are planning to buy more than $100,000 of Bitcoin over the next year, the Swan Private team can help. Swan Bitcoin is hosting this year's inaugural Pacific Bitcoin event designed to deliver two days of Bitcoin-only programming featuring top experts and celebrity Bitcoin fans. This unique event November 10-11 in Los Angeles will give you the ability to meaningfully engage the Bitcoin community & industry insiders. Visit https://www.PacificBitcoin.com/ for tickets. Use code HODL for 30% off your pass. ✔️ BITCOIN 2023 by @Bitcoin Magazine will be the biggest Bitcoin event in history May 18-20 in Miami Beach. Speakers include Michael Saylor, Lyn Alden and Michelle Phan, plus a Day 3 music festival. Nearly 30,000 people attended Bitcoin 2022; more than 1,100 companies and 250 media outlets were represented. NATALIE BRUNELL IS A CONFIRMED SPEAKER at BITCOIN AMSTERDAM October 12-14, 2022. Get an early bird pass at a steep discount at https://b.tc/conference use code HODL for 10% off your pass to BITCOIN 2023 or AMSTERDAM. ✔️ With iTrustCapital you can invest in crypto without worrying about taxes or fees. iTrustCapital allows clients to invest in crypto through an individual retirement account. IRAs are tax-sheltered accounts, which means all your crypto trading is tax-free and can even grow tax-free over time. The best part is it's totally free to open an account, and there are no hidden fees, monthly subscriptions or membership fees. If you open and fund an account you will get a $100 funding bonus. To learn more and open a free account go to https://itrust.capital/nataliebrunell. ✔️ Fold is the best Bitcoin rewards debit card and shopping app in the world! Earn Bitcoin on everything you purchase with Fold's Bitcoin cash back debit card, and spin the Daily Wheel to earn free Bitcoin. Head to https://www.foldapp.com/natalie for 5,000 in free sats! 💡OTHER RESOURCES - Natalie's website https://talkingbitcoin.com/ - Nic Carter https://niccarter.info/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories BTC wallet bc1ql8dqjp46s4eq9k3lxt0lxzh6f2wcu35cl6944d ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ FOLLOW NATALIE ON SOCIAL MEDIA Twitter https://twitter.com/natbrunell Instagram https://www.instagram.com/nataliebrunell Linkedin https://www.linkedin.com/in/nataliebrunell ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ DISCLAIMER This show is for entertainment purposes only and does not give financial advice. Before making any decisions consult a professional. #bitcoin #cryptocurrency #inflation