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Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living ...
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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
Anthonys Info:
Website:
https://www.powermininganalysis.com
X:
https://twitter.com/cazenove_uk
Patreon:
https://www.patreon.com/Cazenove_UK
Bryce's Info:
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https://www.patreon.com/McNallieMoney
Merch:
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Business Inquiries:
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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)
468 episodes
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