Core Scientific's Bitcoin Mining Strategy, BlackRock & Bitmain Investments with Adam Sullivan
Adam Sullivan is the CEO of publicly traded Bitcoin Mining company Core Scientific. In this interview we discuss:
- Core Scientific's Bitcoin Mining business
- Core's bankruptcy and restructuring plan
- How they are preparing for the Bitcoin Halving in 2024
- BlackRock investment and $17 Million loan
- Bitmain planning to invest $54 Million in Core
- Bitcoin lightning network & adoption
- Bitcoin Spot ETF race
- Crypto Regulations
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⏰ Time Stamps ⏰
00:00 Intro
01:22 Adam's background
03:48 Core Scientific overview
10:23 Bitcoin mined & 2024 Halving
11:39 Core's Bankruptcy & future plans
14:28 BlackRock's investment in Core
16:45 Bitmain's $54 Million investment in Core
19:45 Expanding Mining locations
24:37 What's on the roadmap going in 2024
27:16 Crypto regulations
30:16 Bitcoin adoption & lightning network
35:00 Can AI be used to manage Bitcoin mining
35:42 Bitcoin custody
37:42 Crypto ecosystem, defi, nfts, metaverse
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#Bitcoin #BitcoinMining #BlackRock #CoreScientific #Bitmain #Crypto #CryptoNews #Cryptocurrency #BTC #BitcoinNews #Ripple #XRP #XRPNews #RippleXRP #Ethereum #EthereumNews #ETH #Cardano #Ada #CardanoNews #Altcoin #Altcoins #NFTs #NFT #Metaverse #Podcast
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