Month: June 2018

The Crypto Miner Podcast -Episode #002-Bitcoin Difficulty, USA Farms, Bitmain Pricing & More ASIC’s

The Crypto Miner Podcast returns in their second episode with Crypto Markets still in bear territory, BTC price around $7000 and lots of current events happening in the world of Crypto Mining. As we enter the long hot summer months your hosts Matt & Tommy discuss how Miners are seeking any types of profits with margins declining and mining manufactures continue to announce new ASICS and flood the retail market with cheap pricing. The crypto community is still expecting faster ASICS to be announced soon and BTC hash rates keep rising at alarming rates.

Topics Discussed:

-The current Bitcoin Network difficulty?
-More manufactures announce new ASICs to mine crypto currencies
-The state of USA Bitcoin Mining
-Bitmain’s Pricing of ASICs on their website bitmain.com
-Crypto Mining energy consumption FUD

Links Discussed In this Podcast Episode:

Bitmain Mulling IPO (Bloomberg)

Tracking BTC Mining Difficulty

Whattomine.com

George from Bitfury commenting on the GMO ASIC Miner announcements on Twitter 

Hut8 Mining Results and discussion of costs

Mining in Upstate NY

Image showing Bitcoin is by far the most energy efficient monetary system we’ve ever designed

Timeline:
0:00 to 0:29 Intro
0:30 to 6:50 -Bitcoin Network Difficulty
7:00 to 14:00 – More Manufactures announcing ASICs
14:10 to 24:42 -State of USA Bitcoin Mining
25:00 to 35:05 – Bitmain Pricing
35:15 – 46:00- Energy Consumption FUD
47:00 Outro- Big Props to @realYTCracker for allowing us to use his “Bitcoin Barron” song in Intro and Outro