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Jul 2021
55m 37s

SLP295 John Lee Quigley Why Bitcoin Mini...

STEPHAN LIVERA
About this episode

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

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