5min chapter

Swan Signal Live - A Bitcoin Show cover image

Austin Mitchell & Patti Trompeter | Swan Signal | EP 113

Swan Signal Live - A Bitcoin Show

CHAPTER

Bitcoin Mining: A State to State Perspective

When there's no cost to create these other tokens and they're centralized, you know, you can't cheat energy, I guess is what I'm trying to say. And so having that as the rule of the universe kind of underlying everything in terms of the laws of thermodynamics, to me, that's always been an attractive component work compared to other consensus mechanisms out there. You know, one of the big stories of 2021 was when China banned Bitcoin mining and there's this huge hash rate migration over to the United States. It has put some stress on these states and some of these grids. All these states have taken different approaches when it comes to whether they embrace Bitcoin mining or not.

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