March Mining Update with Taylor Mcnab

An episode of the Collective Shift podcast, hosted by Collective Shift, titled "March Mining Update with Taylor Mcnab" was published on April 23, 2023 and runs 26 minutes.

April 23, 2023 ·26m · Collective Shift

0:00 / 0:00

Summary

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 upp...

Episode Description

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 prices
Some miners are thinking short term but should really be considering the Bitcoin halving in 1 years time
Glassnode and the Mining Store project an upper price range of $350k for Bitcoin in 2030
Texas 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 Introduction

00:23 March

01:06 Bitcoin Halving

05:20 Miners

07:02 Price Model

12:23 Crypto Report

17:35 Incentives

21:30 Gary Gensler

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