China is shutting down Bitcoin mining operations, offering miners around the world the golden opportunity to capitalize and earn more Bitcoin. Whit Gibbs, the CEO of Compass Mining is bullish on the asset becoming more decentralized than ever before while the inherent risks of China impacting the network diminish. Compass Mining’s revolutionary business model allows anyone around the world to instantly mine remotely in a simple and cost-effective way.
Whit Gibbs: https://twitter.com/BitcoinBroski
Compass Mining: https://compassmining.io/
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Timestamps:
0:00 Intro
1:34 Myths in mining
5:11 The scale of China’s shutdown
7:59 Where is China’s hash power going?
10:16 What is Compass Mining
14:09 Bitcoin prices and Mining
20:49 The Elon Musk mining debate
24:07 Sponsor: Matcha
25:09 Decentralizing the mining network
29:12 Hash rate and price
31:08 Mining in the headlines
38:22 Going all-in on Bitcoin
43:13 When all the Bitcoin is mined
45:15 Ethereum 2.0
49:50 This is why we Bitcoin
54:42 Mining picking up in the states
1:00:41 Contact Whit Gibbs
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How Everyone Can Mine Bitcoin | Whit Gibbs CEO Of Compass Mining
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