Steve Barbour talks to Jim about his company, Upstream Data Inc. — a company that uses natural gas to mine bitcoin. They cover the dynamics of excess natural gas release, how methane is normally vented or burnt up, Upstream’s environmental impact, mining hardware setup & efficiency, cost per kilowatt, customer RIO, bitcoin uses, monetary theory, 2nd & 3rd generation cryptocurrencies, inflationary currencies, zero-sum environmental thinking, and more.
Steve Barbour is a mechanical engineer and owner of Upstream Data Inc., an oilfield services business focused on bitcoin mining and power generation for upstream oil and gas facilities. Steve is a strong advocate for bitcoin and believes it represents a paradigm shift in monetary technology. He was born and raised in St. John’s, Newfoundland and currently resides in Calgary, Alberta with his lovely wife Morgan.