09 July 2021 · 0 min read

How Much Energy Does Bitcoin Actually Consume?

In this video, Nic Carter, General Partner at Castle Island Ventures and the co-founder of Coin Metrics, a blockchain analytics firm, discusses Bitcoin's energy use, sustainability of the network, environmental concerns, and much more. He is interviewed by John Darsie, Managing Director at SALT, and Brett S. Messing, Partner, President, and Chief Operating Officer at SkyBridge.

Episode timestamps:

0:00 - Intro
2:40 - China’s Bitcoin and tech crackdowns
8:13 - Bitcoin mining and capital inflow disruptions from China
29:48 - Bitcoin energy consumption
37:27 - Bitcoin, El Salvador and the lightning network
43:29 - Bitcoin ETF approval timeline
49:03 - Using on-chain metrics
52:50 - Crypto venture investments

The episode premiered on June 24, 2021.