Colin and Charlie break down the latest Bitcoin news, from the massive $16k price drawdown and capitulation theories to Bitdeer’s legal woes in Ohio and IREN joining the MSCI index. Plus, a deep dive into "quantum resistance" and the historic shift in mining difficulty.
Colin and Charlie join us to talk about a wild week in Bitcoin. We dive into the $16,000 price "puke" and whether we've hit a local bottom, explore Bitdeer's legal snag at their Ohio AI flagship site, and discuss IREN's inclusion in the MSCI USA index. We also break down the historic six-out-of-seven negative difficulty adjustments—the first since 2011—and tackle the "ontology of time" and quantum resistance.
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Notes:
* Bitcoin lost $16,000 within 12 hours last week.
* BTC saw a historic 21% daily price drawdown.
* Bitdeer's Ohio site has 570MW allocated.
* 6 of last 7 difficulty adjustments were negative.
* IREN to join MSCI USA index on March 2nd.
* Bitcoin hash price recovered to roughly $35/PH.
Timestamps:
00:00 Start
04:01 BTC number go down!
10:10 Difficulty Update by Luxor
12:32 Bitdeer lawsuit
18:39 Cleanspark Ad
19:08 IREN added to MSCI USA Index
22:33 The MARA-Exaion plot thickens
29:14 BIP 360 merged
37:49 OP_NEXT Ad
39:21 Cry corner: No one understands anything about anything
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