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cover of episode SLP27 - Turning Stranded Natural Gas Into Bitcoin Mining Hashes, with Steve Barbour of Upstream Data

SLP27 - Turning Stranded Natural Gas Into Bitcoin Mining Hashes, with Steve Barbour of Upstream Data

2018/10/20
logo of podcast Stephan Livera Podcast

Stephan Livera Podcast

Shownotes Transcript

Steve Barbour (Founder, Upstream Data) joins me to discuss how he is turning stranded natural gas into Bitcoin mining hashes. His HashGen product uses low value natural gas to improve the economics for Canadian Oil and Gas facilities, while powering Bitcoin mining ASICs. In this discussion we also talk about the 'bitcoin energy use is wasted' narrative, and how bitcoin mining was centralised in the past, but is now decentralising.