SLP295 John Lee Quigley Why Bitcoin Mining Is Shifting to North America
Historically, Bitcoin Mining as an industry was dominated by China. John Lee Quigley (formerly of Compass Mining, and now independently consulting and writing) rejoins me on the show to talk about his recent report on the state of Bitcoin mining. We talk about the various factors going into this generational shift. Listen to this episode to understand some of the dynamics, gleaned from John’s in depth research and interviews on the subject. We chat:
- Historical reasons for China’s dominance
- Why its changing now
- Mining equipment upgrade cycle
- Capital market access
- Regulatory certainty
- Downsides of this shift
John Links:
- Twitter: @bitcoinnomadic
- Substack: Adaptive Analysis - Substack
Prior episodes:
- SLP158 John Lee Quigley - How Does A Bitcoin Price Crash Impact Bitcoin Miners?
- SLP259 Whit Gibbs - Bitcoin Mining For All With Compass Mining
- SLP275 Pavel Moravec - Slushpool Signalling For Taproot
- SLP162 Matt D'souza - Bitcoin Halving Analysis: Bullish For Competitive Miners
Sponsors:
- Swan Bitcoin
- Hodl Hodl Lend
- Compass Mining
- Unchained Capital (code LIVERA)
- CypherSafe (code LIVERA)
- CoinKite.com (code LIVERA)
Stephan Livera links:
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