Bitcoin Mining in a Bear Market w/ JP Baric
Bitcoin Magazine Podcast
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The Mining Industry Is Getting Worse Than Ever, Is It Getting Better?
Mining companies that are public are really feeling the pressure. The reality has most of them locked themselves into these long hosting contracts. Energy situation across the globe is challenging minerss ability to deploy facilities. And in addition to energy costs going down, have made some projects not as attractive until those projects were put on hold. That precedent is actually like a hundred rigs shutting down and what will happen if they don't? I'm just letting you know, i want to take the different ways we can go at it.
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