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Ryan Leachman of Jai Energy, on Bitcoin Mining in Oilfield

Bitcoin Rapid-Fire

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Is Bitcoin Bringing Free Markets to Energy?

Big coin incentivises finding, like, the cheapest energy. And you have to be very discerning because it's such a competitive market. When times get tough in the oil and gas environment, it's the cheapest cost producers that spend the less dollar per barrel,. That that survive and stay on line. The power that can be generated off ofa unit volume of gas is significant. So i look at that as just having an a symmetrical risk portfolio where you basically have eliminated all downside to bitcon mining.

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