Bitcoin Hashrate Makes ATH, Miners Going Broke! | EP 598

Bitcoin hashrate makes all time high, can Bitcoin miners survive the decreased profitability? Why does the hashrate continue to go up during a bull market

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Sources:
► BTC Stats:

► BTC News:
https://www.nationalreview.com/2011/07/founders-no-fans-paper-currency-deroy-murdock/
https://www.wsj.com/articles/americas-oldest-bank-bny-mellon-will-hold-that-crypto-now-11665460354?mod=Searchresults_pos1&page=1
https://www.blockchain.com/charts/hash-rate
https://www.theblock.co/post/175140/grayscale-unveils-bitcoin-mining-centered-investment-entity
https://data.hashrateindex.com/network-data/btc
https://mempool.space/graphs/mining/pools

► Daily Culture:
https://www.ft.com/content/b3a83be1-a79f-4887-a622-cb1c7717e93f
https://twitter.com/DylanLeClair_/status/1579814279708299265
bitbo.io
https://bitcoinvisuals.com/chain-supply
https://messari.io/asset/bitcoin/chart/sply-circ
https://finbold.com/investors-ditch-the-euro-and-pound-for-bitcoin-in-record-numbers-as-their-value-plummets/
https://finbold.com/billionaire-investor-s-druckenmiller-says-mistrust-in-central-banks-could-lead-to-crypto-renaissance/

► Epic Memes:
https://twitter.com/Don_Tsell/status/1579517416702636032
https://twitter.com/fractalencrypt/status/1579636976957157376
https://twitter.com/stackchainquant/status/1579503267377483778
https://twitter.com/alanbwt/status/1579650873000882177
https://twitter.com/TheBitcoinDr/status/1579824273107009536
https://twitter.com/WSBChairman/status/1579570420361363456

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Timecodes:
0:00 - Intro
2:56 - BTC Stats
10:44 - BTC News
36:59 - Daily Culture
51:03 - Meme Review
1:00:04 - Software Release

DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.