Empire cover image

Why Crypto Funds Shut Down | Weekly Roundup

Empire

00:00

Is the Concentration of Hashrate Among the Larger Players?

M i think what ends of happening is like similar to x and se fire right now. This is going to lead to just a huge consolidation, where the investors and miners with healthy balance sheets end of swallowing the really highly leveraged abiquin miners. The small gys are really the ones tho get squeezed. They're not sophisticated, that havent hedge as well. And so if those guys go away, there's jus a greater concentration among the, among the pools, among the big players. It could be the first time you ever see traditional oil and gas companies and big energy companies come into bit coin mining through a, a scooping up some of these bit coin miners for

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app