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The Wolf Of All Streets

Transforming Tomorrow: Marathon Digital's CEO Fred Thiel on the Global Impact of Bitcoin Mining

49 min • 23 april 2023

Fred Thiel is the CEO of Marathon Digital, a leading Bitcoin miner in the US. In this episode, we discuss the correlation between Bitcoin price and the hash rate, the geography of Bitcoin mining, the reasons why Russia is starting to play a significant role in the industry, the environmental issues of crypto mining, and much more!


https://twitter.com/fgthiel


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#Bitcoin #Crypto #trading

Timestamps:

0:00 Intro

1:20 Bitcoin price and hash rate

3:00 Bitcoin mining cycles

5:50 Mining in China

8:20 Geography of Bitcoin mining

10:00 Geography diversification

13:10 Environmental issues

17:55 Anti-crypto agenda

23:35 Threats to Bitcoin mining

32:00 Russia & Bitcoin

35:50 Fred Thiel’s way into crypto

39:00 What is Bitcoin?

42:00 Bitcoin vs other blockchains

45:20 Existential threat to Bitcoin


The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.

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