5min chapter

Blue Collar Bitcoin cover image

BCB110_ERIK HERSMAN: Powering Africa’s Future—Bitcoin as a Solution to the African Energy Problem

Blue Collar Bitcoin

CHAPTER

How to Make Money With Bitcoin Mining

Bitcoin miners can be geographically agnostic and move anywhere in the world, except for Bitcoin mining. The company gives them a percentage of their revenue in Bitcoin which they use to buy more energy from independent power producers. Do you think that is an easier pitch in Africa than it is here in the US? Because there still seems to be a lot of friction here, like just putting myself in the shoes of Harry Sudock or somebody. Like this is free money for whatever reason,. There still appears to be an impasse over whether people are willing to take risk on something so risky.

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