Featuring Marco Krohn, Marco Streng, and Moritz Seibert on Real Vision
Filmed on November 17, 2020
Marco Krohn, CEO and co-founder of Genesis Group, and Marco Streng, founder of Genesis group, join Moritz Seibert, co-founder at Twoquants.com & CEO/CIO at Munich RE Investment Partners, to discuss Bitcoin, Bitcoin mining, and the changing dynamics of mining. Krohn explains how they first got into Bitcoin and how they turned their interest in crypto into Genesis Mining. He explains the electricity price game that miners need to take into account when mining crypto and the impact this has on the economics of mining. Streng touches on the importance of location for energy costs when mining and the extreme competitiveness of the industry over the past several years. They explain what Bitcoin is to them and some potential risks for the industry.