Closing the Loop cover image

#28 - Brent Whitehead: The Giga Energy Story and Bitcoin as the Ultimate Incentive for Revolutionizing the Energy Industry

Closing the Loop

CHAPTER

Bitcoin

I would say public miners, one big thing to disclose is like, I don't pay a ton of attention to the actual like stock market, everything like that. Once I became a full Bitcoin maxi, that's just a stop. Yeah, everything's irrelevant. But I do pay attention to the public miners. A lot of these people bought ASICs at $10,000 that they do so much leverage on and then they're paying a credit card rate on that. And if we keep trading sideways like this and difficulty keeps going up because it really doesn't matter. It matters some if Bitcoin goes up because then they can, you know, hold a lot of Bitcoin on their balance

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner