0xResearch Bitcoin Miners, Is The Worst Over? | Will Clemente
Disclaimer: This episode was recorded before the craziest day in crypto, aka Binance's announced acquisition of FTX.
In this week's episode of 0xResearch, we bring on Will Clemente to discuss the state of Bitcoin mining. Some of the most prolific miners are facing default, and consolidation is on the horizon. How did miners get into this position? What happens next, and will this impact the BTC and broader crypto market? Tune in to find out!
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Timestamps
(00:00) Pre-Interview: Alameda Drama, Cool Thrones & Art Gobblers
(18:09) Art Gobbler Insights by Flipside
(26:40) Chainalysis Ad
(27:12) SBF & Binance Drama
(30:11) The State of Bitcoin Mining
(46:14) How Big Is The Potential Fall Out?
(51:58) Chainalysis Ad
(52:40) ASICs & Mining Rigs, Time To Buy?
(56:44) Bitcoin’s Declining Subsidy & The Lightning Network
(01:01:41) Is Hash Rate A Trading Signal?
(01:03:26) Bitcoin As The On-Chain Reserve Asset
(01:04:35) Will’s Investing Framework
(01:10:09) Will ETH Flip BTC?
(01:14:15) Post-Interview Recap
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Resources
Eric Voorhees & SBF podcast episode
knower's Twitter account
https://twitter.com/knowerofmarkets
Reflexivity Research
https://www.reflexivityresearch.com/
Ultra Sound Money
Blockworks Research
https://www.blockworksresearch.com/
Blockworks Research
https://www.blockworksresearch.com/
Blockworks Research Newsletter
https://blockworks.co/newsletter/daily-debrief-by-blockworks-research/
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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.