5min chapter

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BTC119: Merging the Energy Sector with Bitcoin Mining w/ Harry Sudock (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Is There a Consolidation of the Bitcoin Mining Pool Business?

I think America is still the best place to be plugging in Bitcoin layers. Foundry USA makes up about 32%. Antpool is at 17.5% call it roughly. There are technical and market based opportunities for businesses to peel off some of that hash power. If we were to see some emergent centralization risks start to happen at the pool level, I don't think 30% of anything happening with any single party.

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