Bhutan Mining Bitcoin (For Years)
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In this video, I discuss how the Kingdom of Bhutan has been mining Bitcoin for years.
This fact was recently revealed in the BlockFi and Celsius bankruptcy filings, and Bhutan has confirmed it. Bhutan appears to be using mostly electricity generated by hydro, which would make its Bitcoin mining operations among the greenest in the world.
Now that both Bhutan and Russia and probably many other countries are mining Bitcoin, it's time for the US to start mining Bitcoin, accumulating Bitcoin, and setting up a strategic Bitcoin reserve similar to Ft Knox.
Not investment advice! Consult a financial advisor.
My warning video about Celsius:
https://www.youtube.com/watch?v=cBiJ_8DSnjQ&ab_channel=BitcoinUniversity
My warning video about BlockFi:
https://www.youtube.com/watch?v=3xy11ng9_YE&ab_channel=BitcoinUniversity
Bhutan mining Bitcoin:
https://www.forbes.com/sites/iainmartin/2023/04/15/the-tiny-kingdom-of-bhutan-secretly-held-millions-of-dollars-in-cryptocurrency/?sh=2fbed6877f1d
https://thebhutanese.bt/dhi-confirms-that-it-is-mining-digital-assets/
Russia mining Bitcoin:
https://www.kommersant.ru/doc/5915688
https://cointelegraph.com/news/russian-government-subsidies-crypto-mining-facility-in-siberia
Elizabeth Warren hates big banks, but hasn't done her research on Bitcoin:
https://www.proactiveinvestors.com/companies/news/1012453/bitcoin-energy-consumption-catches-ire-of-us-senator-elizabeth-warren-1012453.html
What is the energy usage and carbon footprint of politicians' private jets?
https://twitter.com/Alejandro_btc/status/1648127149818228736
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#bitcoinmining
#bhutan
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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