AI vs. Bitcoin Miners - The Fight for Energy
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We are seeing lots of crazy things in the energy markets, but fights between AI, Big Tech, and Bitcoin miners are about to get dicey. Net Zero has been thrown on the side of the road and not even left with a bottle of water, and now Big Tech is taking on Bitcoin miners. - Who will strike first? You won't want to miss this episode of the Energy Realities Podcast with Tammy Nemeth, Irina Slav, David Blackmon, and Stu Turley. We are live Monday morning at 8:00 Central US from Texas, the UK, and Bulgaria.#bitcoin #bitcoinnews #brics #energynews #netzeroHighlights of the Podcast00:11 - Introduction00:51 - Bitcoin Mining’s Energy Consumption02:53 - Comparing Big Tech and Bitcoin’s Energy Use03:38 - Big Tech’s Energy Challenges05:40 - AI’s Growing Energy Demands09:32 - Bitcoin’s Potential for Democratizing Finance13:24 - Bitcoin Regulation and Central Bank Digital Currencies14:21 - Future of Bitcoin and Energy Consumption17:10 - BRICS vs. Swift and Global Currency Wars20:21 - AI's Impact on Natural Gas and Energy Consumption27:07 - Revival of Coal Plants for AI Power Needs30:52 - Future of Energy and Tech34:57 - Washington Post: Big Tech Loves Coal35:35 - Ronald Stein: It’s Too Soon to Abandon Fossil Fuels36:41 - Google turns to nuclear to power its data centers37:05 - Bylaw could allow industrial Power producers to sell back into grid42:08 - European carmakers plans dozens of cheaper models to survive ‘EV winter’44:13 - The complexity of capital allocation for oil and gas companies 46:55 - EPA Power Plant rules require carbon capture, a costly technology not expected until 205547:35 - Poll: Voters strongly favor ‘all of the above’ energy approach over rapid green transition
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