Tuesday, November 24, 2020

Crypto will be useful but Bitcoin is hard to understand, says SoftBank CEO

In the Misdirection category, the title of these articles about the Softbank CEO implies that he is not a fan of Bitcoin.  However, I have personally seen first-hand one of Softbank's huge Bitcoin mining farms.  It's not in China, not in Japan, but in good ol' Texas (I cannot reveal the exact location).  These mining farms cost north of $150 million to build.  The data centers are clustered over 100 acres.

https://cointelegraph.com/news/crypto-will-be-useful-but-bitcoin-is-hard-to-understand-says-softbank-ceo

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