The Shift in Bitcoin Mining: Gryphon Digital's Diversification Strategy

Reported 2 months ago

Gryphon Digital Mining's CEO Rob Chang discussed the future of bitcoin mining, its soaring energy demands, and its ties to high-performance computing (HPC). He emphasized the need for collaboration in harnessing energy sources to meet the growing demand, noting that HPC currently outpaces bitcoin mining in energy usage. Chang suggested that investing in a diversified group of mining companies might result in lower volatility, pointing out that Gryphon is focused on optimizing costs for sustainable growth.

Source: YAHOO

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