In this episode, Max Gagliardi, an expert in the energy industry, shares his journey into the sector and discusses its misunderstood aspects, inefficiencies, and potential for innovation. He evaluates different energy models, including ERCOT and the national grid, and the challenges in energy development. Gagliardi also explores the future of energy breakthroughs, the feasibility of modular nuclear reactors, and the historical significance of energy in civilizations. He addresses the dynamics of renewable energy, oil prices, and the influence of bitcoin mining on the energy industry. Finally, Gagliardi shares his personal interests in tech, real estate, and energy investments. SUPPORT THE PODCAST:→ Subscribe→ Leave a review→ Share the show out with your friends and family→ Send us an email [email protected] TIMESTAMPS:00:00:00 Intro00:01:22 Max in the energy industry00:05:57 What's one surprising fact about energy?00:11:25 Oil and mineral property rights00:14:10 Where are the inefficiencies?00:19:20 Future energy disruption or innovation?00:23:58 Renewables benefiting China?00:27:36 Understanding energy grids00:29:29 Upcoming energy breakthroughs00:31:25 Civilization, energy, and money00:36:34 Bitcoin mining and energy00:39:24 Energy executives and bitcoin mining00:42:42 How are miners thinking about the 2024 halving?00:47:30 Hashrate trending up relentlessly00:52:00 What's interesting outside of bitcoin? WHERE TO FOLLOW US:→ Unchained Twitter: https://twitter.com/unchainedcom→ Unchained Linkedin: https://www.linkedin.com/company/unchainedcom → Unchained Newsletter: https://unchained.com/newsletter → Max Gagliardi’s Twitter: https://twitter.com/max_gagliardi → Joe Burnett’s Twitter: https://twitter.com/IIICapital