Home
cover of episode Bitcoin Frenzy: Exploring Massive Demand and Miner Sell-offs | Fred Thiel, Marathon Digital

Bitcoin Frenzy: Exploring Massive Demand and Miner Sell-offs | Fred Thiel, Marathon Digital

2024/3/10
logo of podcast The Wolf Of All Streets

The Wolf Of All Streets

Frequently requested episodes will be transcribed first

Shownotes Transcript

Join Fred Thiel, CEO of Marathon Digital Holdings, as we unravel the Bitcoin frenzy in this podcast. From how Bitcoin gets halved to the impact of ETFs on mining, we cover it all. Discover the future of mining, AI's power demands, and even mining Bitcoin in Teslas, in this fascinating exploration of digital currency

Fred Thiel: https://twitter.com/fgthiel

►► Sponsored by iTrust Capital

Invest in Bitcoin, Crypto Assets & Gold with Your IRA Using iTrust Capital.

👉 https://bit.ly/itrust-scott

►►TRADING ALPHA

READY TO TRADE LIKE THE PROS? THE BEST TRADERS IN CRYPTO ARE RELYING ON THESE INDICATORS TO MAKE TRADES. USE CODE ‘25OFF’ FOR 25% OFF WHEN VISITING MY LINK.

👉 https://tradingalpha.io/?via=scottmelker

►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEKDAY!

👉https://thewolfden.substack.com/

►► OKX

Sign up for an OKX Trading Account then deposit & trade to unlock mystery box rewards of up to $10,000!

👉 https://www.okx.com/join/SCOTTMELKER

►►NORD VPN

GET EXCLUSIVE NORDVPN DEAL - 40% DISCOUNT! IT’S RISK-FREE WITH NORD’S 30-DAY MONEY-BACK GUARANTEE. PROTECT YOUR PRIVACY!

👉 https://nordvpn.com/WolfOfAllStreets

►►NGRAVE

This is the coldest hardware wallet in the world and the only one that I personally use.

👉https://www.ngrave.io/?sca_ref=4531319.pgXuTYJlYd

Follow Scott Melker:

Twitter: https://twitter.com/scottmelker

Web: https://www.thewolfofallstreets.io

Spotify: https://spoti.fi/30N5FDe

Apple podcast: https://apple.co/3FASB2c

#Bitcoin #Crypto #mining

Timestamps:

0:00 Intro

1:10 This halving is different

2:25 iTrustCapital

3:27 How Bitcoin ETFs affect mining

5:37 $50 Billion of BTC trading a day

7:22 Why miners are selling Bitcoin

9:11 The future of mining post halving

11:35 AI demand for power

13:10 Energy harvesting

15:02 Sovereign nations & Bitcoin

17:24 Bitcoin as a reserve asset

19:15 Bitcoin blockchain development

22:25 AI will use way more power than Bitcoin mining

24:47 Sustainable energy use

26:52 Mining Bitcoin in Teslas

29:17 Wrap up

The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.