2min chapter

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#1116 Matt Lohstroh On Why Every Oil & Gas Company Will Mine Bitcoin

The Pomp Podcast

CHAPTER

Are You Mining Bitcoin or Cash?

"It's not that hard. Like it's very easy to plug a power cord in and ethernet cord in," he says. "If you can remain solvent for long periods of time ... putting it on the balance sheet in Bitcoin, usually ends up being a pretty good decision" The company has tried to present its ideas to publicly traded oil and gas companies but hasn't had much success.

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