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Bitcoin Mining CRISIS On The Horizon?
Manage episode 449156833 series 3592853
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✔ Sources: ► https://www.coindesk.com/business/2024/11/07/michael-novogratzs-galaxy-looks-to-turn-bitcoin-mining-into-ai-computing-as-revenue-falls/ ► https://bitinfocharts.com/comparison/bitcoin-hashrate.html#alltime Timestamps: 00:00 - Intro 00:35 - Galaxy Digital to shift mining resources to AI? 01:34 - Bitcoin mining being too expensive could be a factor? 02:20 - Bitcoin not as lucrative? galaxy digital revenue in freefall? 02:45 - What is this shift in mining really all about? 04:20 - The timing of all this news is just such a coincidence #Bitcoin #crypto #cryptocurrency #dailybitcoinnews The information provided by Pleb Underground ("we," "us," or "our") on Youtube.com (the "Site") our show is for general informational purposes only. All information on the show is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information on the Site. UNDER NO CIRCUMSTANCE SHALL WE HAVE ANY LIABILITY TO YOU FOR ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF THE USE OF THE SHOW OR RELIANCE ON ANY INFORMATION PROVIDED ON THE SHOW. YOUR USE OF THE SHOW AND YOUR RELIANCE ON ANY INFORMATION ON THE SHOW IS SOLELY AT YOUR OWN RISK.
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