Ethereum Miners Saw Record Revenues in May

I’ll keep it brief this week because I’m currently in Miami at the Bitcoin 2021 Conference with a world-class team of people representing HIVE Blockchain Technologies.

Tomorrow I will participate in a panel on running a publicly traded crypto-mining company. I look forward to sharing the stage with Kevin O’Leary, “Mr. Wonderful”; Jason Les, CEO of Riot Blockchain; and Fred Thiel, CEO of Marathon Digital.

Did you know that just two years ago in San Francisco, the Bitcoin conference attracted around 2,000 people? This year, an estimated 12,000 people are in attendance, a sign that Bitcoin and cryptos in general, have decidedly broken into the mainstream.

I’m sure I’ll have much to share with you next week, so stay tuned.

For the time being, sentiment has been very high among the conference’s attendees and speakers despite the recent negative headlines, including Bitcoin mining’s fossil fuel usage (more on that in a second) and crypto’s role in ransomware attacks.