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BTC079: The Bitcoin Energy Revolution w/ Shaun Connell (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Is the Hash Rate Continuing to Rise?
Shan: When we look at the price action, call it five years ago, seven years ago, of bit coin, and we look at how much hardware had to come on line to capture the spread. We saw this in 20 18. Enough hardware came on line, you know, the price was coming in, and, i want to say like eight thousand, and then you saw a big capitulation. Shan: It's most as if the price appreciation doing these big jumps, it's harder for the physical inf structure to keep pace to capture those spreads.
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