The Halving Report

Taking Bitcoin Carbon-Negative w/ William Szamosszegi (CEO of Sazmining Inc.)

October 16, 2022 Brad Mines Season 1 Episode 72
The Halving Report
Taking Bitcoin Carbon-Negative w/ William Szamosszegi (CEO of Sazmining Inc.)
Show Notes

While Europe introduces the idea of blockchain environmental scores, Ethereum uses 99.99% less energy than they did before the merge. These factors together could further misconstrue Bitcoin's narrative with energy. Bitcoin Proof-of-Work (PoW) computational effort is highly unlikely to ever change in regard to it's energy intensive PoW mining. Bitcoin could receive a very poor environmentally rating in comparison to Proof-of-Stake (PoS) blockchains such as Ethereum or Solana. 

William Szamosszegi specializes in Bitcoin mining under 100% Green Powered Facilities. Will breaks down the relationship Bitcoin has with energy, and why the PoW algorithm is not only beneficial, but also how it has potential to become Carbon Negative. Will is highly articulate with a burning fire passion for Bitcoin. 


00:00 - Intro
01:30 - William Szamosszegi
04:40 - All Roads Lead to Bitcoin
07:20 - Sazmining Inc. 
08:30 - 100% Hydro 
09:00 - Machine Ownership 
09:50 - Competitive Mining 
12:20 - Halving Effect 
14:15 - PoW Impact on the Energy Sector 
17:05 - Methane Emissions & Going Carbon Negative 
21:30 - Built-in Incentives
23:48 - Mainstream Bitcoin Energy Narrative 
27:17 - World Reserve Status
30:54 - Regulatory Options
35:55 - El Salvador
38:10 - Stock Market Correlation
39:35 - Mental Health
40:30 - Necessary Reading Material 
42:00 - Crypto Ecosystem Progress

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