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The Investor's Podcast (We Study Billionaires)  - The Investor’s Podcast Network

BTC014: Bitcoin Mining and Energy w/ Marty Bent and Harry Sudock (Bitcoin Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 24 February 2021

⏱️ 74 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU'LL LEARN: Does China control all the Bitcoin mining? Bitcoin uses so much energy, isn't that an issue? How Bitcoin is increasing productivity by reducing methane flaring How Bitcoin is slowly changing the power grid (for the better) Is it better to invest in Bitcoin mining or just buy Bitcoin How likely is it until we start to see homes equipped with energy efficient tools to mine Bitcoin BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Follow Marty Bent on twitter Checkout Marty's podcast, Tales of the Crypt Checkout Marty's company Great American Mining Follow Harry Sudock on twitter Browse through all our episodes (complete with transcripts) here. SPONSORS Support our free podcast by supporting our sponsors: ⁠HardBlock⁠ ⁠Human Rights Foundation⁠ ⁠Plus500⁠ ⁠Netsuite⁠ ⁠Shopify⁠ ⁠Vanta⁠ Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. 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Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.0

Hey, everyone. Welcome to this Wednesday's release of the show where we're talking about Bitcoin.

0:06.8

Today's show is super exciting because we're covering everything related to energy and Bitcoin mining.

0:12.6

Now, this is a really hot topic because there's a lot of controversy around Bitcoin consumption of energy.

0:18.8

And additionally, there's a lot of debate around people talking about how much hashing power and mining is taking place in China.

0:25.9

Well, I have two incredible experts in this space. We got Marty Bent and Harry Sutter to discuss these ideas in much, much more detail.

0:33.6

So sit back, hold tight and get ready for a massive amount of information on energy and Bitcoin mining.

0:39.4

You're listening to Bitcoin Fundamentals by the Investors Podcast Network.

0:47.8

Now for your host, Preston Pish.

1:01.3

Alright, so everyone, welcome to the show. We got Marty Bent, Harry Sutter here.

1:06.1

And guys, I'm excited to have this conversation because you guys are the experts on this topic.

1:12.0

And welcome to the show.

1:13.6

Thank you for having us.

1:15.0

Thank you for having me. I'm like, I'm going to be for Harry. Preston expert may be a bit of a stretch, but...

1:20.1

No, I'm here and you guys in Clubhouse and I'm just like, whoa, we need to have a chat with these two.

1:25.5

And I mean, I've been I've been following you guys for years now and this is exciting.

1:30.1

So what I'm going to do to start this off, I just want to pitch a couple underhand pitches for you guys.

1:35.3

I want you to crank them out of the ballpark so far that people can't even see the ball.

1:39.2

It's going to be like the natural where the cover comes off the ball as you guys are hitting these, these two underhand pitches.

1:45.6

The first one I got for you, China controls all the hashing power.

1:49.7

Therefore, they can make Bitcoin do whatever they want.

1:53.6

False. I mean, they don't control all the all the hashing power.

...

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