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Bitcoin Convention Day 2: Mayor of New York, Mining Margins & Global Hash Rate Trends!

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Manage episode 485638748 series 3570269
Content provided by Anthony Power & Bryce McNallie, Anthony Power, and Bryce McNallie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anthony Power & Bryce McNallie, Anthony Power, and Bryce McNallie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The second day of the Las Vegas Bitcoin Convention brought exciting announcements including New York City's first municipal Bitcoin bond and Pakistan's plans to establish a national Bitcoin reserve through mining. We explore the rapidly increasing global hash rate and its impact on miner profitability, while introducing new data analytics tools available on the Power Mining Analysis website.
• NYC Mayor announces the first municipal Bitcoin bond in the US
• Bitcoin mining infrastructure companies including Shell showcasing containerized mining solutions
• Difficulty adjustment continuing to increase, effectively creating another "halving" for miners
• Only one public miner produced a net profit in Q1 2024
• Global hash rate expected to exceed 1,000 exahash shortly
• Pakistan allocating 2,000 megawatts for national Bitcoin mining operations
• New mining equipment from BitDeer (A3 at 9.7 J/TH) and Bitmain (S23) coming soon
• Interactive data analytics now available on the Power Mining Analysis website
• Monthly newsletter featuring Core Scientific coming tomorrow
Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter

  continue reading

Chapters

1. Bitcoin Convention Day 2 Recap (00:00:00)

2. Mayor of NYC's Bitcoin Bond Announcement (00:01:27)

3. Hash Rate and Difficulty Challenges (00:04:30)

4. Pakistan's National Bitcoin Mining Plans (00:09:03)

5. Mining Analytics and Margin Comparisons (00:10:42)

6. Market Update and Final Thoughts (00:17:32)

314 episodes

Artwork
iconShare
 
Manage episode 485638748 series 3570269
Content provided by Anthony Power & Bryce McNallie, Anthony Power, and Bryce McNallie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anthony Power & Bryce McNallie, Anthony Power, and Bryce McNallie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The second day of the Las Vegas Bitcoin Convention brought exciting announcements including New York City's first municipal Bitcoin bond and Pakistan's plans to establish a national Bitcoin reserve through mining. We explore the rapidly increasing global hash rate and its impact on miner profitability, while introducing new data analytics tools available on the Power Mining Analysis website.
• NYC Mayor announces the first municipal Bitcoin bond in the US
• Bitcoin mining infrastructure companies including Shell showcasing containerized mining solutions
• Difficulty adjustment continuing to increase, effectively creating another "halving" for miners
• Only one public miner produced a net profit in Q1 2024
• Global hash rate expected to exceed 1,000 exahash shortly
• Pakistan allocating 2,000 megawatts for national Bitcoin mining operations
• New mining equipment from BitDeer (A3 at 9.7 J/TH) and Bitmain (S23) coming soon
• Interactive data analytics now available on the Power Mining Analysis website
• Monthly newsletter featuring Core Scientific coming tomorrow
Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter

  continue reading

Chapters

1. Bitcoin Convention Day 2 Recap (00:00:00)

2. Mayor of NYC's Bitcoin Bond Announcement (00:01:27)

3. Hash Rate and Difficulty Challenges (00:04:30)

4. Pakistan's National Bitcoin Mining Plans (00:09:03)

5. Mining Analytics and Margin Comparisons (00:10:42)

6. Market Update and Final Thoughts (00:17:32)

314 episodes

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