BTC in Danger? Solving Bitcoin's Carbon Footprint Problem

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. Learn more about your ad choices. Visit podcastchoices.com/adchoices