Weekly Roundup 09/24/21 (Regulators keep talking about Free Banking, Twitter rolls out LN support, Biden's new OCC nominee) (EP.243)
On The Brink with Castle Island
00:00
Mining - Is There a Capital Cycle?
The amount of capital being allocated to mining is just enormous. I mean, it's concerning in terms of its ale. The number of listnings backs, private raises is huge. We need some more foundries and asic manufactures, though, well we're probably not going to get any. If anything, the asic lifetimes are going to extent because there is less capacity at the foundries. And the miners are finding more creative ways to put the asic to work with energy sources which are commeasurate to the age of the asic.
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