Part 9/16:
The hosts also discuss the geopolitical significance of the TSMC chip backlog. China’s interests in acquiring or relocating TSMC’s facilities are tied to controlling key technological infrastructure, especially amid tensions over Taiwan. Building more US-based chip manufacturing is viewed as critical for energy independence and national security, with potential for an extended period of industry realignment.
The Energy and Economic Implications of Mining
A recurring theme is the energy footprint of Bitcoin mining. Luxor estimates the network consumes between 4.2 and 14.2 gigawatts, relatively small compared to national grids. Yet, mining's energy use is a hot-button issue politically.