Bhutan Mining Bitcoin (For Years)

Bhutan Mining Bitcoin (For Years)

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Publish Date:
4 May, 2023
Category:
Data Mining
Video License
Standard License
Imported From:
Youtube

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In this video, I discuss how the Kingdom of Bhutan has been mining Bitcoin for years.

This fact was recently revealed in the BlockFi and Celsius bankruptcy filings, and Bhutan has confirmed it. Bhutan appears to be using mostly electricity generated by hydro, which would make its Bitcoin mining operations among the greenest in the world.

Now that both Bhutan and Russia and probably many other countries are mining Bitcoin, it's time for the US to start mining Bitcoin, accumulating Bitcoin, and setting up a strategic Bitcoin reserve similar to Ft Knox.

Not investment advice! Consult a financial advisor.

My warning video about Celsius:
https://www.youtube.com/watch?v=cBiJ_8DSnjQ&ab_channel=BitcoinUniversity

My warning video about BlockFi:
https://www.youtube.com/watch?v=3xy11ng9_YE&ab_channel=BitcoinUniversity

Bhutan mining Bitcoin:
https://www.forbes.com/sites/iainmartin/2023/04/15/the-tiny-kingdom-of-bhutan-secretly-held-millions-of-dollars-in-cryptocurrency/?sh=2fbed6877f1d
https://thebhutanese.bt/dhi-confirms-that-it-is-mining-digital-assets/

Russia mining Bitcoin:
https://www.kommersant.ru/doc/5915688
https://cointelegraph.com/news/russian-government-subsidies-crypto-mining-facility-in-siberia

Elizabeth Warren hates big banks, but hasn't done her research on Bitcoin:
https://www.proactiveinvestors.com/companies/news/1012453/bitcoin-energy-consumption-catches-ire-of-us-senator-elizabeth-warren-1012453.html

What is the energy usage and carbon footprint of politicians' private jets?
https://twitter.com/Alejandro_btc/status/1648127149818228736

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#bitcoinmining
#bhutan

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