Layer 1 CEO Alex Liegl on the Institutionalization of Mining in America
MP3•Episode home
Manage episode 414795479 series 3570907
Content provided by Messari. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Messari or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Layer 1 is focused on converting “electricity into money” via highly efficient bitcoin mining facilities. Where mining has historically been concentrated in places with cheap and sometimes subsidized energy, Layer 1’s operations are currently focused in America: West Texas to be precise. Also counter to historical trends, Layer 1 is focused on working with regulators and the institutionalization of the mining space. In this conversation, CEO Alex Liegl provides insight into the economics of institutional grade mining, the halving, and details their plan to amass 25% of the BTC hash rate by 2021 with an American base. . --- Special thanks to our sponsors: Lukka - Crypto taxes made simple. Use the promo code "MESSARITAX" and get $5 off the normal price of $19.95 Crypto.com - The best place to Buy, Earn, Pay with Crypto. Bitstamp is the original global cryptocurrency exchange. Since 2011, we’ve been a cornerstone of the industry, earning the trust of over four million individuals and top financial institutions looking for a reliable trading venue. Whether you’re trading on our web platform, mobile app or industry-leading APIs, Bitstamp gives you the professional-grade tools you need to execute your strategy. Download the Bitstamp app or visit Bitstamp.net/Pro to learn more and start trading today! If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe.This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io
…
continue reading
135 episodes