The largest Bitcoin mining facility and the 100 million USD fund
summary
Announces construction of a 650 MW single-site Bitcoin mine in UAE as a $2 billion project with a first-phase $650 million Bitmain equipment purchase, claiming the rigs equal ~7% of global hash rate and aiming for 25% MENA share; cooling uses Bitmain water evaporative chillers tested to 60°C and runs on subsidized green energy; plans include a $100 million fund (Cypher Capital), a 10,000 sq ft JBR hub and a future blockchain city.
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chapters (12)
- 0:00Intro
- 1:10Phoenix Technologies
- 6:35Government support
- 14:40Bullish on Bitcoin
- 15:30Bitcoin price
- 16:40Bitcoin as an asset class
- 17:40Who is Bitcoin for
- 18:40People have different opinion
- 19:40The future
- 20:40The funniest story
- 21:40What Im doing
- 22:40Pitch your project
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