Rabbit Hole Recap cover image

Rabbit Hole Recap #232: Merry Christmas!

Rabbit Hole Recap

00:00

Bitcoin Mining - Core Scientific

core scientific was the largest publicly traded Bitcoin miner in the US. They had a significant amount of hash rate for those of you who are unaware. The company's business model was, I believe, they're like 55% prop mining and 45% hosted mining. It seems that core scientific also ran into electricity pricing problems,. If you don't have a good power purchase agreement locked in with your power provider as a Bitcoin miner and your energy cost are bearable - therefore your electricity costs are bearable.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app