Let's Talk about Bitcoin Mining & The Environment | The Sazmining Podcast S2E6| Lee Bratcher

Today Will speaks with Lee Bratcher, President of the Texas Blockchain Council, an industry association that amalgamates the influence of their members to advocate for blockchain-centric public policy initiatives, educates members of government about the benefits of blockchain technology, and provides subject matter expertise on topics related to blockchain and distributed ledger technology. Starting with a discussion of legislation and economic incentives for bitcoin miners in Texas, Will and Lee dive into the environmental impact of bitcoin and how to frame the discussion. Listen to learn more about how bitcoin could actually help the US Dollar, how China's miner outlaw has effected the industry, and how bitcoin miners really affect the energy grid.  THIS EPISODE’S SPONSORS:  Amerex- https://sazmining.com/amerex/  BlockFi- https://blockfi.com/sazmining  TIMESTAMPS:  0:00-0:24 - Intro 0:24-2:50 - Background on Lee & The Texas Blockchain Council  2:50-4:21 - How The Texas Blockchain Council works with Members & Public Policy  4:21-6:56 - How do you discuss Blockchain technology with Public Policy Makers?  6:56-7:45 - China's approach to Bitcoin Mining  7:45-9:43 - How Bitcoin Mining is affecting the energy grid in Texas  9:43-13:57 - How Bitcoin Mining promotes renewables and the global benefits  13:57-19:02- How to frame the environmental narrative in The Bitcoin Mining Industry  19:02-21:08 - The global political and economic implications of bitcoin and USD  21:08-25:40 - El Salvador’s Adoption of Bitcoin  25:40-29:13 - How does the mining industry evolve in the wake of China’s decision?  29:13-33:48 - What makes Texas stand out for bitcoin miners?  33:48-35:30- Lee’s favorite book  35:30-35:58- Conclusion  WHERE TO FIND THE SHOW:  → Website: https://sazmining.com/podcast  → Apple Podcasts: https://podcasts.apple.com/us/podcast/everything-crypto-mining-the-sazmining-podcast/id1533055103  → Spotify: https://open.spotify.com/show/7rldZMBuf447UHaWyV1UtV?si=SqsAW1aESNiiSbHwWSL8oQ&dl_branch=1  → YouTube: https://www.youtube.com/channel/UCt0_Ymrq6PVZcNZP_Thvb2w  LISTEN TO OLD EPISODES:  → Season One: https://www.youtube.com/playlist?list=PLCcctgrDmFCN7aFLZkPRd20fNJbflXxZK  → Season Two: https://www.youtube.com/playlist?list=PLCcctgrDmFCN1gX3R1uKL2bqTI-uUzTd7  SUPPORT THE SHOW:  → Have an idea for a guest? Email Us: [email protected]  FOLLOW US:  → Twitter: https://twitter.com/sazmining  → LinkedIn: https://www.linkedin.com/company/sazmining-inc/  → YouTube: https://www.youtube.com/channel/UCt0_Ymrq6PVZcNZP_Thvb2w → Website: https://sazmining.com