SLP295 John Lee Quigley Why Bitcoin Mining Is Shifting to North America
Stephan Livera Podcast
00:00
How Much Does It Cost to Buy Bit Coin Mining Equipment?
Fascinating, because you really have to think about all these different factors. You're playing this a speculation of saying where do i think the price is going to be in one year or two years from now? The strongest players are those that can can secure the lowest possible am operating cost for the longest term possible plus have their capes as low as possible. And yet, that's one of the reasons we've seen such am huge in the north american mining industry. Its in certain states, texas particularly, is attractive. It's offered the opportunity for miners toto secure extremely attractive electricity prices.
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