Currents Podcast

Ep126: Bitcoin and the Energy Industry Explained | Norton Rose Fulbright

Written by Todd Alexander | October 20, 2020

JohnPaul Baric, CEO of Aurum Capital Ventures Inc., joins us to explain the relationship between bitcoin mining and the energy industry. We dive into what bitcoin mining is, why bitcoins are scarce, how bitcoin mining is a new way to monetize energy, how miners interact with the power grid, who is currently funding mining operations, where he sees the bitcoin space going in the next five years and more.