BitMEX founder Arthur Hayes: The great power disputes surrounding energy will impact Bitcoin mining

ChainCatcher message, BitMEX founder Arthur Hayes published a recent blog discussing the critical role of oil resources in the current geopolitical conflicts. The article points out that the United States is leveraging its energy reserves to undermine the economies of pure resource-importing countries like the EU and Japan to achieve its geopolitical objectives. This strategy will impact the value of sovereign currencies in the aforementioned regions, and due to the significant reduction in regional energy trade, Bitcoin mining will face restrictions and pressure from governments in many energy-scarce areas. (source link)