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The Bad Crypto Podcast

Mining Bitcoin More Profitable Than Selling Electricity - Bad News For Wednesday, July 14th

The Bad Crypto Podcast

Joel Comm and Travis Wright

Tech News, Business, News, Technology, Investing

4.71.2K Ratings

🗓️ 15 July 2021

⏱️ 33 minutes

🧾️ Download transcript

Summary

Mining Bitcoin More Profitable Than Selling Electricity

Transcript

Click on a timestamp to play from that location

0:00.0

We could share stories about why the price of Bitcoin is down,

0:03.2

we could share stories about why the price of Bitcoin should be going up.

0:07.0

And there are plenty of people speculating about the ups and the downs of crypto.

0:11.2

But since the market is mostly sideways right now,

0:14.0

we've got news surrounding ransomware, the SEC, regulations,

0:17.9

and the upside of China cracking down on crypto mining.

0:21.6

And in case you feel like you're getting into crypto early,

0:24.5

wait until you hear about the 13-year-old DeFi tycoon.

0:28.8

It's an amazing time to be alive, only made more amazing by the fact that at any second

0:34.5

of any hour of any day, somewhere around the world,

0:38.5

someone is listening to this bad news episode number 532

0:45.4

of the Bad Crypto Podcast.

0:59.7

Dude, it blows me away when you think about that, that any moment somebody is listening

1:08.1

to the show. Like sometimes I'll be driving on the road listening to radio and

1:11.3

Pink Floyd, you know, money will come on. It's this universal song and I think to myself,

1:16.6

you know what? Every hour of the day, there's not a time that that song is not playing

1:23.3

somewhere, whether on the radio or in somebody's house, it's just it's perpetual.

1:29.2

And to think that that happens with us, that somewhere or somebody is listening to us,

1:35.1

at every second of the day, that's a lot of Travis and Joel, dude.

1:39.3

Well, it's up, I don't know if I was, you know,

1:43.3

compared to Pink Floyd, very epic and legendary, but I would say this is that there might be

1:49.9

somewhere, any minute of the day, somewhere around the world, they might be listening to one of

...

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