13 March 2021 · 0 min read

How Bitcoin Mining Funds Green Energy

In this episode of The Anita Posch Show, she interviews the Co-Founder and CEO of BigBlockDatacenter, a Bitcoin mining company based in France and is running several mining farms in Russia, Central Asia, and Africa. He talks about his mission is to qualify France in the world competition of proof-of-work and goes deep into the business and the ecological effects of Bitcoin mining.

"Each country with big not carbonated electricity resources will mine and have an economical advantage over other countries." - Sébastien Gouspillou

They also cover the following topics:

  • How Sébastien Gouspillou became a Bitcoin miner
  • Addressing climate change
  • Debunking myths around Bitcoin mining
  • Myth 1: One transaction produces X CO2
  • Myth 2: Bitcoin is an ecological disaster
  • Myth 3: Bitcoin is mined mainly with coal in China
  • Myth 4: Bitcoin is not useful
  • Mining in the Virunga National Park, Kongo
  • Mining in Kazakhstan
  • Bitcoin hash rate follows the price

The episode premiered on March 11, 2021.