Youtuber Casey Neistat: Mining Bitcoin ‘Yielded More Heat Than the Lava on Mustafar’

2020-11-27 21:00

YouTuber Casey Owen Neistat took to Twitter on Thursday to share with his 2 million followers that he had mined Bitcoin in the past.

While sharing his story of running the Bitcoin mining operation, the filmmaker, vlogger, and co-founder of the multimedia company Beme further commented on the mining machines' extreme heat. He said,

“I once ran a bitcoin mining operation of questionable legality out of a NYC office building. I had to eventually shut it down because it sounded like I had a dozen lawnmowers running 24/7 and it yielded more heat than the lava on Mustafar.”

Neistat also shared that Sam Sheffer, who has worked at Engadget, Verge, and Mashable, was his accomplice in the Bitcoin mining endeavor.

This is not the first time Neistst shared his love for Bitcoin and all things crypto.

Earlier this month, the day the digital asset was trading above $15,000, he tweeted “BTC.”

The same day, he shared that he is also an investor in the second-largest cryptocurrency, Ethereum, which he bought at $40 in 2017 and is “still holding.”

The crypto market has been on a rampage for these past two months; while Bitcoin ran-up over 85% to hit $19,500, ETH jumped to $620. However, this week, cryptos are experiencing a pullback, with BTC trading around $16,880 and ETH at $509.

The post Youtuber Casey Neistat: Mining Bitcoin ‘Yielded More Heat Than the Lava on Mustafar’ first appeared on BitcoinExchangeGuide. origin »

Speed Mining Service (SMS) на Currencies.ru

$ 1.9622 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $1.9622 - H: $1.9622
Капитализация $205.406k Rank 99999
Доступно / Всего 104.68k SMS

bitcoin mining heat casey youtuber neistat operation

bitcoin mining → Результатов: 126


The future of Bitcoin mining, sustainable high-performance computing, and AI: An Interview with Cango Inc. CFO

Bitcoin mining has become one of the most competitive sectors in the digital asset economy, evolving from small-scale operations into large, industrialized networks that now secure the entire Bitcoin The post The future of Bitcoin mining, sustainable high-performance computing, and AI: An Interview with Cango Inc. CFO appeared first on AMBCrypto.

2025-9-25 14:20


Фото:

Bitcoin mining CEOs agree on $250k price target for 2028 halving

Bitcoin mining executives from top firms gathered at the HC Wainwright Bitcoin Mining Panel on Sept. 10 to discuss industry trends, challenges, and the future of Bitcoin. The panel, moderated by Anthony Scaramucci of SkyBridge Capital, featured CEOs from prominent mining companies, including Bit Digital, Bitfarms, CleanSpark, Core Scientific, and Marathon Digital Holdings.

2024-9-12 14:15


Фото:

Bitcoin Mining Emissions – Surprise New Research Findings

As the need to be more eco-friendly becomes ever more apparent, cryptocurrencies have often been sharply criticized for their environmental impact. Being the most well-known of them, Bitcoin has inevitably become tainted with a reputation for the high resource usage required for Bitcoin mining, However, newly released research might paint a slightly different picture and could start changing perceptions around these issues.

2024-9-10 15:17


Bitcoin’s Tightrope: Lower Mining Rewards And Fees Threaten Market Stability — Kaiko

Recent developments in the Bitcoin mining industry suggest a significant financial squeeze due to decreased network fees and halved block rewards. These factors are shaping the economic space for companies validating Bitcoin transactions and could potentially force some into selling their digital assets prematurely to remain solvent, according to Kaiko Research. Related Reading: Germany Shakes […]

2024-7-3 08:00


Is Bitcoin Mining ‘Dangerously Centralised’? What New Research Shows

Recent findings from BitMEX Research have reignited concerns about the centralization of Bitcoin mining. Their study, which cites insights from Bitcoin analyst Alex Bergeron, points out that a single entity now controls the Coinbase outputs for approximately 47% of the network hashrate—a significant concentration that suggests a shift toward oligopolistic tendencies within the Bitcoin mining […]

2024-4-30 12:00