Foundry’s Mike Colyer on US-China Mining Rivalry and Why Clean Bitcoin ‘Makes No Sense’


Source: yahoo.com yahoo.com

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Mike Colyer leads one of North America’s biggest crypto mining companies, Foundry. Owned by Digital Currency Group (the same owner as CoinDesk), the startup emerged in 2019 and has quickly come to exemplify a trend: the comeback of U.S. crypto mining after years of living in the shadows of China’s greater hash power. We caught up with Colyer for a preview of his thoughts on China vs. U.S. rivalry in Bitcoin mining, institutional adoption and the controversial concept of “ clean bitcoin .” Mike Colyer will appear at this year’s CoinDesk’s Consensus conference on Monday May 24 in a track...