Cipher Mining CEO on Going Public Via SPAC, Bitcoin
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Business
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main reason for the company's decision to go public via SPAC?
To avoid regulatory scrutiny
To slow down their operations
To focus on altcoin mining
To quickly capitalize on market opportunities
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many Bitcoin does the company plan to mine annually by 2025?
30,000
15,000
10,000
21,000
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the fixed number of Bitcoins that can be mined?
21 million
100 million
50 million
10 million
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the anticipated effects of increased Bitcoin adoption?
Reduction in Bitcoin supply
Stability in Bitcoin price
Increase in Bitcoin price
Decrease in transaction fees
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the company's stance on altcoins like Dogecoin?
They plan to mine Dogecoin
They consider Dogecoin a serious investment
They focus solely on Bitcoin
They are shifting focus to altcoins
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major risk to the company's business model?
Increase in Bitcoin supply
Regulatory changes
Decrease in altcoin popularity
Lack of mining equipment
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the company's business model described as?
A high-risk investment
A classic picks and shovels business
A speculative venture
An altcoin-focused enterprise
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