Bitcoin mining farms are in trouble as the price of BTC continues to fall - can they stay profitable? Is the recent price drop attributed to the Luna/UST crash? And Spotify is getting into NFTs?! Subscribe to VoskCoin for the best crypto content! http://voskco.in/Sub
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There’s never a dull moment in the crypto world! With all of the recent price movement, many are left wondering if we will recover. Bitcoin mining farms are losing revenue, Terra caused a massive crash for the entire ecosystem, and DeFi protocols are losing millions due to stablecoin exploits? Let’s go over everything you need to know about crypto mining and the state of the markets at the moment.
Timestamps
00:00 Did everything go south?
00:50 Bitfarms revenue drop
02:22 Core Scientific loses millions in Q1
03:44 Celsius IPO for BTC mining farm
04:24 Crypto mining loans from BlockFi
06:40 Scream in debt of $35 million
08:53 Binance loses $1.6 billion in Terra investment
09:50 The downfall of Terra
17:03 Why did the Kraken CEO leave San Francisco?
18:18 Spotify getting into NFTs?!
22:51 The Bitcoin pizza day
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Bitcoin Mining Farms are DYING?! Luna & UST Crash Crypto SCAM
