The Canadian Ghost Town Taking a Gamble on Bitcoin

The video discusses the history of a company town that thrived due to a mill, which later closed, leading to the town's decline. A new form of mining, Bitcoin mining, emerged due to the availability of cheap electricity from a local dam. Greg Strebel, an 11th grader, represents the community's pride before the town's decline. The video explores the potential energy conflicts with Bitcoin mining and its limited economic impact on the town.

What factors contributed to the decline of Ocean Falls as a company town?

Describe the role of Greg Strebel in the community of Ocean Falls.

How did the arrival of Bitcoin mining impact the local economy of Ocean Falls?

What concerns are associated with Bitcoin mining in relation to local energy consumption?

What was the significance of the dam in Ocean Falls for local businesses?