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RE: Leo Talk 5/25/21 - Come Join Our Chat (Part 1)

This made some news yesterday but it is worthy of posting again.

With the supposed lock down of mining in China, we see Marathon announce a 73K mining facility in Texas.

https://www.theblockcrypto.com/linked/105902/marathon-plans-texas-facility-that-will-house-73000-bitcoin-miners?utm_source=rss&utm_medium=rss

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I hope they get that electrical grid fixed for the air conditioning that will be needed!

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Yeah or put it in cold areas where you just open the window.

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Interesting. I wonder how many more similar news we'll be seeing from now on

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I think it will be a story for a while. The Chinese government is intent on having the digital YUAN as the currency everyone uses. We will see how it all pans out. I think they are going to end up going to far and encountering resistance.

Either way, that is money money for the rest of the world.

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Hope the Chinese are ready to have 'Big Brother' watching.

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They are probably getting use to it. Although in the US, we arent exaclty without surveillance either.

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Texas continues to make itself the place to be for business. With the new focus on renewable energy, I would expect this place will be utilizing maybe both wind and solar. Texas has both in spades...

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Yea I think so too
The recent events helped to draw some attention to alternate sources and more decentralized energy so adoption could see a little boost

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Ah the comment I made for earlier disappeared. I guess I got the bad issue of a comment disappearing.

What do you think of MARA stock? I know its a way to get in on the BTC price changes without actually buying BTC.

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This is getting interesting. A result of both Elon and China activities. There's more to come.

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