Rabbit Hole Recap #232: Merry Christmas!
Rabbit Hole Recap
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ASICs
I think miners are really beginning to realize the name of the game is acquiring ASICs and plugging them in as quickly as possible, two-year lead times on massive mining farms. The strategy moving forward is going to be smaller, more distributed, 10, 20, 50 megawatt operations that can be spun up in a few months instead of a year and a half or two years. I think that will actually, we've got a larger scale, be beneficial for hash rate distribution as well. Thyogenesis the great, 60, 650 watts produced. What's going on? Is there a bat in your basement?
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