Core Scientific CEO Adam Sullivan joins CoinDesk to discuss the state of bitcoin mining in the U.S. and the impact of the upcoming halving on the industry.I almost feel like people got burned out in 2021 and 2022. You know, 2021 was I, I don't want to call it irrational exuberance, but people were really excited in 2021. Uh 2022 is a big moment where people who invested at 50 or 60,000 suddenly saw trades in the teens asking themselves, oh my gosh, I've never seen something go down 75%.
So your strategy going forward maximize the value of our assets and drive shareholder value, right? You know, we have a number of sites, seven facilities across five states and we have a really good opportunity here to continue to optimize our Bitcoin mining business while also exploring other forms of compute at certain facilities that we have that match up really well with some of the trends going on right now in H BC and A I tell me a little bit about that.
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