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Compass Mining

Compensating Bitcoin Miners For Using Clean Energy With Elliot David From The Sustainable Bitcoin Protocol

13 Aug 2024

Description

In this episode, Jarrett chats with Elliot David from the Sustainable Bitcoin Protocol (SBP) where they discuss how Bitcoin can play a role in advancing green energy solutions and the importance of sustainability in the Bitcoin mining industry. Elliot explains how SBP aims to unlock climate-aligned capital by providing auditable proof of sustainable Bitcoin mining. They also touch on the challenges of creating a marketplace for sustainable Bitcoin mining data, the cultural challenges surrounding Bitcoin adoption, Bitcoin's potential to be a powerful tool for energy poverty alleviation and sustainable development in emerging markets, as well as the following topics: Watch on YouTube - https://youtu.be/Ho7D2TcYMKg ⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️ 00:00 - Elliot's Episode Intro 01:35 - Elliot's Bitcoin Journey & What Is SBP? 05:54 - Defining 'Sustainable', 'ESG', ' CSR' Within The Context of SBP 12:05 - Why Do We Need The SBP? 15:56 - Amount Of Climate Aligned Capital That Could Come Into Bitcoin 19:06 - Future Of SBP -- Global? Stateside? 27:55 - What Blockchain Is SBP Being Built On? 32:12 - Challenges For SBP & Overall Bitcoin Adoption Elliot's WDMS Presentation - https://youtu.be/_1Sqx-b1rF0?si=nm_52BTXJlkyk77D&t=17022 Elliot's LinkedIn - https://www.linkedin.com/in/elliot-david-101/ SBP on X - https://x.com/SustainableBTC SBP's Website - https://www.sustainablebtc.org/ SBP's White Paper - https://www.sustainablebtc.org/learn/download-whitepaper Compass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining.  Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for. -------------------------------------------- LISTEN TO OUR SHOW: Spotify - https://open.spotify.com/show/36XWVmiCjUwVq5grF8i041 Apple - https://podcasts.apple.com/us/podcast/compass-mining/id1746980083 -------------------------------------------- MINE: Start mining your own bitcoins with Compass. https://compassmining.io/hardware WATCH:  https://youtube.com/c/CompassMining?sub_confirmation=1 -------------------------------------------- 💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website at https://www.compassmining.io and via links below: 🔗 About Us - https://compassmining.io/about 🔗 Our Facilities - https://compassmining.io/facilities 🔗 Home Mining Guide - https://compassmining.io/at-home-mining 🔗 Hosted Mining Guide - https://compassmining.io/education/hosted-mining-guide 🔗 Our Compass Mining Articles - https://compassmining.io/education/tag/article 🔗 Educational Content - https://compassmining.io/education/tag/educational   💻 Follow Compass Mining on social media: 🔗 X - https://twitter.com/compass_mining 🔗 Linkedin - https://www.linkedin.com/company/compassmining/ Happy hashing! 🤝

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