Making cryptocurrency climate-friendly

Recode Daily

Recode

Science, Technology, Society & Culture

4.6 • 1.3K Ratings

🗓️ 21 June 2022

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mining for bitcoin uses a lot of energy. Is there a chance that the crypto industry can become more eco-friendly? Vox’s Neel Dhanesha (@neel_dhan) is with us to discuss. Read Neel’s story: https://www.vox.com/recode/23005493/cryptocurrency-bitcoin-climate-friendly Today’s episode was produced and engineered by Jon Ehrens and hosted by Adam Clark Estes. Support Recode Daily by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:15.1	Share your favorite tracks with other AMP users on your own live audio show, and join the
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0:29.0	Select your music taste, and find your music community on AMP.
0:33.0	Download AMP on iOS in the App Store, or for Android in the Google Play Store, available
0:37.9	in the US only.
0:40.5	It's Rico Daley, I'm Adam Clark Estus.
0:47.7	It seems like every day, researchers, governments, the UN, really, everyone who's just paying
0:54.8	attention and worried about the future of the planet, is sounding the alarm bells about
0:59.2	climate change.
1:00.4	The devastating impacts of human-caused climate change are happening now.
1:05.0	If we don't act immediately, scientists say the consequences will be catastrophic.
1:09.5	Heat waves, droughts, extreme precipitation, even fire.
1:14.3	Delay means death.
1:19.7	Meanwhile, thanks to a confluence of factors, including the weird pandemic economy we've
1:24.8	been living through, a growing number of people are investing in cryptocurrency.
1:30.7	Only problem is, crypto mining uses a lot of energy, which means more greenhouse gases,
1:37.9	warmer planet.
1:43.1	Just how much energy does crypto require?
	...

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