March Mining Update with Taylor Mcnab

Leon catches up with Taylor Mcnab from the Australian Mining store. They discuss the latest news; Senator Warrens mining warning and Texas capping electricity incentives. They also look at the BTC mining cycle and considerations for miners. 

Key Takeaways 

• Bitcoin hashrate continues to hit all time-highs, despite worsening energy prices
• Some miners are thinking short term but should really be considering the Bitcoin halving in 1 years time
• Glassnode and the Mining Store project an upper price range of $350k for Bitcoin in 2030
• Texas regulators are pushing a bill to cap incentives for Miners. 
• Elizabeth Warren cites a NY times article bashing crypto Mining, Michael Saylor bites back.
• Gary Gensler faces the heat of US senators, stuck between a rock and and a hard place, will he last?

Timestamps:

00:00 Introduction

00:23 March 

01:06 Bitcoin Halving

05:20 Miners

07:02 Price Model

12:23 Crypto Report

17:35 Incentives

21:30 Gary Gensler