15 min listen
Why Bitcoin’s Bear Market Hashrate Surge May Not Be Bullish
FromThe Breakdown
ratings:
Length:
18 minutes
Released:
Oct 28, 2022
Format:
Podcast episode
Description
This episode is sponsored by Nexo.io, Circle and FTX US. On today’s episode, NLW catches up on the bitcoin mining industry, and why soaring hashrate and mining difficulty represent something very different in a bear market than they did during the bull. - Nexo Pro allows you to trade on the spot and futures markets with a 50% discount on fees. You always get the best possible prices from all the available liquidity sources and can earn interest or borrow funds as you wait for your next trade. Get started today on pro.nexo.io. - Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses. - FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today. - “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “War” by Enoch Yang. Image credit: Yuichiro Chino/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
Released:
Oct 28, 2022
Format:
Podcast episode
Titles in the series (100)
Crypto Daily 3@3 - 7.23 | Trontroversy! // Ethereum dev tax? // #IndiaWantsCrypto: Justin Sun canceled his lunch with Warren Buffett this week, claiming kidney stones. Reports today, however, suggested that he was compelled not to leave China by border authorities due to investigations. But then he showed up in SF? So basically,... by The Breakdown