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Podcast: Unchained
Episode: Bitcoin Miners Going Bankrupt? Here's How Crypto Winter Is Impacting the Industry
Description: Nick Hansen, cofounder and CEO of Luxor Technologies, talks about the Bitcoin mining industry, why some miners are struggling while others are succeeding, and the next steps for the industry.  Show highlights:
the current state of the Bitcoin mining industry
why miners have the lowest margin environment ever
why there are so many mining rigs sitting latent
how to calculate the profitability of mining cryptocurrency
why miners are not moving to other countries for lower energy prices
what the impact of a Core Scientific bankruptcy would be
whether finance pools to aid struggling miners ar...