The New York Times Hates Bitcoin Miners

Published: Tue, 04/11/23

April 11, 2023
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The New York Times takes on Bitcoin mining

 

Monday, The New York Times a long expected piece about Bitcoin mining.

It’s about as bad as you would expect it to be. For fun though, let’s examine and debunk the three worst claims in the article.

Mining News Feed

CoinDesk / CleanSpark Buys $144.9M of Bitcoin Mining Rigs to Double Its Hashrate

 

Decrypt / Bitcoin Miners Will Have Same Rights as Data Centers, Says New Arkansas Bill

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Today we are joined by Matt Lousteau of Luxor Technologies to discuss their newest firmware, LuxOS. We discuss the reason for making the firmware, its benefits and options for onboarding to the firmware.

Watch on YouTube here.

Chart of the Week

Volatility gap between BTC and Nasdaq hits yearly high, indicating a divergence in investor's notions of stocks and Bitcoin.

Source: Kaiko

Mining Stock Snapshot

*As of Tuesday, April 11.

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