Bitcoin Frenzy: Exploring Massive Demand and Miner Sell-offs | Fred Thiel, Marathon Digital
Join Fred Thiel, CEO of Marathon Digital Holdings, as we unravel the Bitcoin frenzy in this podcast. From how Bitcoin gets halved to the impact of ETFs on mining, we cover it all. Discover the future of mining, AI's power demands, and even mining Bitcoin in Teslas, in this fascinating exploration of digital currency Fred Thiel: https://twitter.com/fgthiel ►► Sponsored by iTrust Capital Invest in Bitcoin, Crypto Assets & Gold with Your IRA Using iTrust Capital. 👉 https://bit.ly/itrust-scott ►►TRADING ALPHA READY TO TRADE LIKE THE PROS? THE BEST TRADERS IN CRYPTO ARE RELYING ON THESE INDICATORS TO MAKE TRADES. USE CODE ‘25OFF’ FOR 25% OFF WHEN VISITING MY LINK. 👉 https://tradingalpha.io/?via=scottmelker ►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEKDAY! 👉https://thewolfden.substack.com/ ►► OKX Sign up for an OKX Trading Account then deposit & trade to unlock mystery box rewards of up to $10,000! 👉 https://www.okx.com/join/SCOTTMELKER ►►NORD VPN GET EXCLUSIVE NORDVPN DEAL - 40% DISCOUNT! IT’S RISK-FREE WITH NORD’S 30-DAY MONEY-BACK GUARANTEE. PROTECT YOUR PRIVACY! 👉 https://nordvpn.com/WolfOfAllStreets ►►NGRAVE This is the coldest hardware wallet in the world and the only one that I personally use. 👉https://www.ngrave.io/?sca_ref=4531319.pgXuTYJlYd Follow Scott Melker: Twitter: https://twitter.com/scottmelker Web: https://www.thewolfofallstreets.io Spotify: https://spoti.fi/30N5FDe Apple podcast: https://apple.co/3FASB2c #Bitcoin #Crypto #mining Timestamps: 0:00 Intro 1:10 This halving is different 2:25 iTrustCapital 3:27 How Bitcoin ETFs affect mining 5:37 $50 Billion of BTC trading a day 7:22 Why miners are selling Bitcoin 9:11 The future of mining post halving 11:35 AI demand for power 13:10 Energy harvesting 15:02 Sovereign nations & Bitcoin 17:24 Bitcoin as a reserve asset 19:15 Bitcoin blockchain development 22:25 AI will use way more power than Bitcoin mining 24:47 Sustainable energy use 26:52 Mining Bitcoin in Teslas 29:17 Wrap up The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.