Posts by Oliver Wriedt
I’ve Got the Power
The first two days of this year’s Bitcoin 2024 Conference should have been headlined by the 1990s German Eurodance group Snap! with their 1990 hit song “I’ve got the power”.
Read MoreBitcoin: The Currency of Hope
Presidential hopeful Robert F. Kennedy Jr. made a powerful case for bitcoin adoption during the Bitcoin 2024 Conference in Nashville.
Read MoreThe Bitcoin Mining Industry’s Ugly Ducklings
In the 12 years from August 2011 and June 2024, Bitcoin produced a compound annual growth rate of 102%. It’s been the standard deviation of 156% that’s proven to be a challenge for a number of operators in the Bitcoin mining industry.
Read MoreAnother Day…Another Take-Under?
Who might have imagined that when GRIID Infrastructure was launched in 2018, it would announce a $3.3 billion SPAC merger in just 4 years, only to end up being compelled to agree to an effective take-under by CleanSpark in an all-stock deal for just $155 mm of enterprise value?
Read MoreToday’s Belle of the Ball : Bit Digital
Bit Digital is well on it’s way to reach $100 mm annualized revenue run-rate from AI computing.
Read MoreBitcoin Mining at the Crossroads
Bitcoin miners, large and small, are pushing into Artificial Intelligence, a market that will require immense amounts of power to handle the training of large language models.
Read More