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#1116 Matt Lohstroh On Why Every Oil & Gas Company Will Mine Bitcoin

The Pomp Podcast

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Bitcoin Mining

The biggest thing is lead times and no need for transformers. Bitcoin mining uses a very specific voltage because all the computers are Chinese. The side from that people often complain about is you're propping up the oil companies. And so we think it's a net positive to go do this, but there's trade-offs here.

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