▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Matt Lohstroh is the Co-Founder Of Giga Energy. In this conversation, we discuss Bitcoin mining, flare mining, fracking, how major oil & gas companies are getting involved, which countries are mining Bitcoin, the battle over clean energy, and what Matt & his company are doing to get more companies involved with flare mining.
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TIMESTAMPS:
0:00 – On This Episode..
0:40 – What Is Flared Gas?
2:40 – What Happens When You Burn Methane?
3:40 – How Much Does Flaring Contribute To Climate Change?
4:40 – Flaring So Bad in Some Areas That It Lights Up The Sky
5:40 – Pipeline Infrastructure in The United States
6:40 – Controversial Pipelines – Keystone Pipeline
7:15 – Who Consumes Natural Gas?
8:45 – How Bitcoin Mining Got Involved WIth Using Flared Gas – Price To Get Started
11:45 – How Much Revenue Does It Generate?
13:45 – Is Flaring With Exxon Controversial? – Wild Story On How One Company Hid Their Flaring
16:15 – Why Won’t Gas Companies Talk About Their Bitcoin Flaring?
17:00 – Aramco Bitcoin Mining – Every Major Company is Getting In The Game
18:45 – Is Russia Getting Involved
21:00 – Do Any Publicly Trading Miners Use Flaring?
22:45 – Maintenance Involved
24:15 – The Actual Man Power That Goes Into Drilling Oil
27:00 – Profitability Of Mining From Oil
28:15 – Will Every Company Not Fair Gas/Oil? Will They All Mine Bitcoin
32:15 – Fracking Process
33:30 – Consensus On Ending Flaring – World Bank Interest In Stopping Flaring
38:30 – Flared Gas Economics
40:15 – Matt’s Company Game Plan To Get Gas Companies Involved – How Oil & Gas Companies Ethos Align With Bitcoin
48:30 – The Large Amount Of Flared Gas That Matt’s Company Has Mitigated – Their Expertise
50:00 – How Can People Get Involved?
52:30 – ESG Hypocrisy – Christmas Lights, Hot Water, Dryers, Refrigerators
55:15 – Will The Pendulum Swing Back To Bitcoin? Matt Doesn’t Think So
56:15 – Where To Find Matt Online?
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
