March Mining Update with Taylor Mcnab

from Collective Shift · host Collective Shift

Leon catches up with Taylor Mcnab from the Australian Mining store. They discuss the latest news; Senator Warrens mining warning and Texas capping electricity incentives. They also look at the BTC mining cycle and considerations for miners. Key Takeaways Bitcoin hashrate continues to hit all time-highs, despite worsening energy pricesSome miners are thinking short term but should really be considering the Bitcoin halving in 1 years timeGlassnode and the Mining Store project an upper price range of $350k for Bitcoin in 2030Texas regulators are pushing a bill to cap incentives for Miners. Elizabeth Warren cites a NY times article bashing crypto Mining, Michael Saylor bites back.Gary Gensler faces the heat of US senators, stuck between a rock and and a hard place, will he last?Timestamps:00:00 Introduction00:23 March 01:06 Bitcoin Halving05:20 Miners07:02 Price Model12:23 Crypto Report17:35 Incentives21:30 Gary Gensler

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This episode was published on April 23, 2023.

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