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Bitcoin Mining Energy Usage

Let's rid the thought of Bitcoin miners as energy users and start considering them as energy customers. Bitcoin miners create more baseload demand that can be turned off when and if demand gets too high. 00:00 Lee Bratcher, President and Founder of Texas Blockchain Council 00:28 No Subsidies Needed from Federal Government 00:38 Excess Energy for Bitcoin Mining from Oil and Gas Operations #BitcoinMining #Mining #Bitcoin For more information go to: https://texasblockchainsummit.org/ Subscribe:    / @txblockchain_   Recommended videos: Latest Uploads -    • Texas Blockchain Summit | October 8th Aust...   Texas Blockchain Council -    • Texas Blockchain Council   Follow our SocialMedia:   / txblockchain1     / txblockchain1   Website: https://texasblockchaincouncil.org/ The Texas Blockchain Council is a nonprofit industry association made up of companies and individuals that work with blockchain and distributed ledger technology. Our mission is to promote blockchain technology initiatives that drive growth and benefit the citizens of Texas. We exist to amalgamate the influence of our members to advocate for blockchain-centric public policy initiatives, to educate members of government about the benefits of blockchain technology, and to provide subject matter expertise on topics related to blockchain and distributed ledger technology.