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The Hashrate Migration and Bitcoin’s Resilience, With Compass CEO Whit Gibbs

The Breakdown

00:00

What Was the Psychology of Bit Coin Mining?

The mining community reacted very strongly, very quickly to this particular news. We actually saw in the month of june, following pickpoin 20 21, we saw about a 300 % increase in our month to month sales between June and July. And so i guess would bring us into that a little bit more, yes. Ah. I love it. So so this isof bridges to my next question, which was, what was,What was the psychology that you had at that moment when the china bit coin mining band happened? And how did your customers respond?

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