142. Why Bitcoin Miners Get Rekt
The Bitcoin Standard Podcast
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Mining With Renewables and Green Energy - Is There a Crash?
The price is going to crash. The difficulty is going to go up. If somebody out there can lend money to somebody who is saying we are going to mine with solar, Bitcoin price is too high. There's going to be a crash. And if they're borrowing against this, then they're borrowingagainst coins that they're going to have to sell as soon as there's a correction. So there's going to been a big crash. This is what they don't get. I think that it's a brutally competitive market in mining and it is a zero-sum game. Only 900 coins being handed out every day. It's just going to raise the difficulty and it's just going
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