POD99

Wealth99

POD99 is a podcast by Wealth99 that helps the 99% unlock new wealth opportunities and take control of their financial future.

Episodes

  1. 200 Days until the Bitcoin Halving

    21/08/2023

    200 Days until the Bitcoin Halving

    In this episode of POD99 Andy discusses two key narratives related to Bitcoin: the upcoming Bitcoin halving and the potential approval of BlackRock's Bitcoin Spot ETF. What is the Halving? Bitcoin is a decentralized digital currency that enables instant payments to anyone, with no central authority. The Bitcoin network is secured by miners. Miners are specialized computers that use a consensus mechanism called "proof of work" to verify each block of Bitcoin transactions. Miners are rewarded for their work with newly-created bitcoins. This is called the block reward. This is how new bitcoins are released into the system. A new block of transactions is added to the Bitcoin blockchain approximately every ten minutes. The miner that verifies each block receives the block reward. The current block reward is 6.25 bitcoins per block. The number of new bitcoins that are created via the block reward is reduced by half every four years. This is known as the Bitcoin Halving. The next halving will be the Fourth Bitcoin Halving. This is when the current block reward of 6.25 bitcoins will reduce by half to 3.125 bitcoins. The next halving will occur in March or April 2024. As we get closer to this date, media attention will focus on the halving as in the past, the halving has marked the beginning of a new Bitcoin bull run. BackRock's Bitcoin ETF Meanwhile, BlackRock, the world's largest asset manager has filed for a Bitcoin Spot ETF. If the SEC approves this, it would open the floodgates for U.S. investors and give them an easy way to invest in Bitcoin. Andy looks at expert commentary that suggests it is a matter of "when, not if" for approval of BlackRock's ETF.    https://www.wealth99.com/podcast https://www.youtube.com/@wealth99global/videos

    27 min
  2. Moving towards a Greener Bitcoin with Renewable Mining

    04/04/2023

    Moving towards a Greener Bitcoin with Renewable Mining

    Alexandra DaCosta is the CEO and a founding member of Aspen Creek Digital Corporation, whose mission is to catalyze the decarbonization of power generation by creating the world's leading renewable Bitcoin mining operator. ACDC designs, develops, builds, owns and operates its own data centers that are powered by renewable energy sources such as solar fields. Alexandra and Andy discuss the Bitcoin Mining industry and the various initiatives promoting clean, green Bitcoin mining for a more sustainable future for the most important alternative asset - Bitcoin.     The conversation touches on the perception of Bitcoin mining as an energy consumer but emphasizes the value that cryptocurrencies bring to society. DaCosta also addresses concerns about Bitcoin mining's energy consumption, pointing out that it is not as significant as some may believe and that miners are often using renewable energy sources. He suggests that Bitcoin miners could be a valuable asset in promoting grid flexibility and transitioning towards more sustainable power sources. The podcast discusses the future of renewable energy in the US and the role of bitcoin mining in clean energy. Alexandra believes that there is a bright future for renewables, and it's important to focus on standing up new renewable power sources rather than debating who should be in charge. She also sees a place for nuclear power and thinks batteries will be a game-changer for grid stability. https://www.wealth99.com/ https://acdigitalcorp.com/

    39 min

About

POD99 is a podcast by Wealth99 that helps the 99% unlock new wealth opportunities and take control of their financial future.