Welcome to The Bitcoin Layer, where we bring you research, analysis, and education for all things bitcoin and macro. In this episode, Nik joins us from Pacific Bitcoin's Mining Industry Day in Santa Monica, California. He recaps a panel consisting of CEOs of publicly traded bitcoin miners, and explains why Bitmain's dominance of cutting-edge ASIC production poses enormous risks for these firms. Bitcoin miners integrating with the power generation industry is also discussed.
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