4min chapter

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BCB115_HARRY SUDOCK: High On Hash & Ruining Parties

Blue Collar Bitcoin

CHAPTER

The Rise of the Hash Rate in the Mining Industry

One of the things that has surprised me, and I think Dan, you'd agree through this bear market is just how quickly hash rate has risen. Who is putting on all this hash rate? Where is it coming from? And I mean, besides ordinals becoming such a huge free market and like producing some serious profits for people in the last, I don't know, three or four months, what's the impetus for this? What are your thoughts on that?

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