38 min

Why is Texas the Bitcoin Mining Capitol of the World? | Guest: Lee Bratcher The Jacki Daily Show

    • News Commentary

Lee Bratcher, President of the Texas Blockchain Council, explains why Texas is the bitcoin mining capitol of the world and the industry’s plan to use off-grid natural gas to power bitcoin mining (gas that would otherwise be flared into the atmosphere, representing lost revenue for natural gas producers). Bratcher describes bitcoin as de-centralized, censorship resistant, and the opposite of a Central Bank Digital Currency (CBDC). He explains the plan for bitcoin miners to help balance demands on the Texas grid. Texas is the only state with its own grid.

Lee Bratcher, President of the Texas Blockchain Council, explains why Texas is the bitcoin mining capitol of the world and the industry’s plan to use off-grid natural gas to power bitcoin mining (gas that would otherwise be flared into the atmosphere, representing lost revenue for natural gas producers). Bratcher describes bitcoin as de-centralized, censorship resistant, and the opposite of a Central Bank Digital Currency (CBDC). He explains the plan for bitcoin miners to help balance demands on the Texas grid. Texas is the only state with its own grid.

38 min

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