Avatar
Brix Jørgensen
abccd55cf37278aa1c8df47a87e49030d36ef07f8f4939e3fcc77c22f09c6a22
Tick-tock, next block

That’s Mr. Tick and Mr. Tock

Kingdom of Bhutan has been mining bitcoin since 2109, planning an additional 100MW more power for hashing this year. 💪

https://www.forbes.com/sites/iainmartin/2023/04/30/bhutan-bitcoin-mining-crypto/?sh=66ec11571f1b

As opposed to using the profits to pay dividends to shareholders, they use it to reduce the number of shares on the market, and also own more of their company.