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cover of episode BTC in Danger? Solving Bitcoin's Carbon Footprint Problem

BTC in Danger? Solving Bitcoin's Carbon Footprint Problem

2022/1/17
logo of podcast Raoul Pal: The Journey Man

Raoul Pal: The Journey Man

Shownotes Transcript

Bitcoin’s carbon footprint is a hot topic and one of the few issues that Elon Musk and Elizabeth Warren can agree on, largely because it is a valid environmental concern. Cully Cavness, president and co-founder of Crusoe Energy, and crypto hedge fund guru Chase Lochmiller, CEO and co-founder of Crusoe Energy, have put their minds together to solve Bitcoin’s Achilles’ heel. Their solution: power Bitcoin mining rigs using excess natural gas. The logistics are tricky, but these two are uniquely suited for the job. Cavness comes from a career in energy and sustainability, and Lochmiller is one of the founding members of Olaf Carlson-Wee’s Polychain Capital. Tune in for the fascinating and revolutionary tale of how these two are using Bitcoin to improve the world. Interviewed by Ash Bennington on January 4, 2022.

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