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Watch: Bloomberg Crypto Full Show (08/23/2022) (youtube.com)
"Bloomberg Crypto" covers the people, transactions, and technology shaping the world of decentralized finance. Mike Alfred, Board member of Eaglebrook Advisors and Iris Energy, says Bitcoin-only miners are a good bet. Mike Levitt, Co-Chairman and CEO of Core Scientific, says Texas is still a good place for the Bitcoin-mining giant to be.
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    Francisco Gimeno - BC Analyst Another interesting analysis of the crypto market and some crypto or blockchain topics. The markets continue to stay volatile, with issues on regulations, the Tornado, Cash saga, The lingering impact of Terra collapse on other stable coins, and again talks about energy consumption while mining crypto, specifically BTC. There are who think is a waste of resources and others who see it as a necessary expense to free people from the actual economic situation in developing and underdeveloped countries, and any position in between. the example is Texas, which received with open arms BTC miners expelled from China and other countries, but which has also some energy production and supply both in winter and summer which can be extremes in there. With the low prices of BTC miners are trying to get their balance sheet levelled, and survive this crypto winter anyway to continue mining at a good profit. Anyway, this energy issue should be rethought in a time where energy production, supply and demand is becoming a geopolitical crisis. Maybe the volcano power station proposed by El Salvador is one of the solutions.
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