THE MINING POD: Flare Gas Bitcoin Mining In 2024

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CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 14 June 2024

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

We brought on an energy lawyer and Bitcoin mining founder Justin Ballard to get to the bottom of the flare gas questions with Bitcoin mining. Follow along on your favorite podcast player of choice by clicking here. Ever wonder if this flare gas thing with Bitcoin mining is real? Can it scale to solve real-world climate issues? And how would someone go about making a project like that in the first place? Justin Ballard, General Counsel at Adakon Energy & Founding Partner at Firm 21, shares insights on Bitcoin mining's legal landscape, energy deals, flare gas mining, and the industry's future. He discusses the challenges and opportunities in navigating this space, drawing parallels to the oil and gas industry. Chapter Markers: 00:00 Start 04:37 Justin's background 08:37 Mining legal structures 15:41 Energy deal examples 18:55 Flare gas reality check 23:30 Legal gas mining deals 30:00 Learnings big/small operations - Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 👉 Check out Bitcoin Season 2 and The Gwart Show. 👉 Watch our newest documentary, The Big Empty! Follow our host on Twitter, @wsfoxley. - Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining! - "The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:49.7	Okay, so how does Bitcoin mining work like on a legal level? What contracts do I need to sign?
0:55.5	What contracts are even out there?
0:56.8	How should I form the entity?
0:58.5	What sort of economics makes sense for certain plays?
1:01.3	And what about like this whole flare gas mining thing that people seem to talk about ad nauseum?
1:06.4	Well, you're in luck.
1:07.2	Today on the mining pot, we are bringing on Justin Ballard.
1:09.6	He is the G.C. Aticon
1:10.9	Energy and also the founding partner at Firm 21. Justin is a longtime friend in the industry and also
1:17.6	is a prolific podcaster with Digital Wildcatters, the empowering or energizing Bitcoin show.
1:24.4	So definitely go check that out. We brought Justin on to talk about all those topics we just
1:28.7	mentioned. So definitely stick around if you're trying to answer any of those questions for an
	...

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