<![CDATA[Scrib]]> https://scrib-brugeman.npub.pro/tag/the-mining-pod/ https://scrib-brugeman.npub.pro/tag/the-mining-pod/rss/ episodic Tue, 20 Feb 2024 16:18:34 GMT Tue, 20 Feb 2024 16:18:34 GMT <![CDATA[Scrib]]> https://scrib-brugeman.npub.pro/tag/the-mining-pod/ https://pbs.twimg.com/profile_images/1622637093104291840/Cnxe6q2g_400x400.jpg <![CDATA[TAKEOVER: The Return of the GigaChad]]> Tue, 20 Feb 2024 16:18:34 GMT https://scrib-brugeman.npub.pro/post/https-tftc-iotakeover-the-return-of-the-gigachad/ https://scrib-brugeman.npub.pro/post/https-tftc-iotakeover-the-return-of-the-gigachad/ naddr1qq6xsar5wpen5te0w3n8gcewd9hj7arpddjk7an9wgkhg6r994ex2ar4wfhz6mmx946xsefdva5kwctrdpskgtczyq5zg6hwmdnu57e9q89ktqxuqt939vpv4t8draefhdset5rzkyy26qcyqqq823c68tc8g The Mining Pod naddr1qq6xsar5wpen5te0w3n8gcewd9hj7arpddjk7an9wgkhg6r994ex2ar4wfhz6mmx946xsefdva5kwctrdpskgtczyq5zg6hwmdnu57e9q89ktqxuqt939vpv4t8draefhdset5rzkyy26qcyqqq823c68tc8g npub19qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksn4zc3g This post was originally published on https://tftc.io by William Foxley.

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The return of the GigaChad! In our final TAKOVER episode, guest hosts Marc Fresa of Vnish and Taylor Monnig of Cleanspark dig into Chad Everett Harris’ Bitcoin genesis, his time at Riot Platform’s and H3 Data Solutions, his new venture.

Please subscribe to our newsletter:  https://blockspace.beehiiv.com/subscribe

Questions or want to sponsor? william@blockspace.media

[

Blockspace

A B2B publication for Bitcoin, Bitcoin mining and Bitcoin builders.

YouTube

](https://www.youtube.com/channel/UCZBo-pYEI9lyjxoojq_X8MA?sub_confirmation=1&ref=tftc.io)

]]> This post was originally published on https://tftc.io by William Foxley.

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The return of the GigaChad! In our final TAKOVER episode, guest hosts Marc Fresa of Vnish and Taylor Monnig of Cleanspark dig into Chad Everett Harris’ Bitcoin genesis, his time at Riot Platform’s and H3 Data Solutions, his new venture.

Please subscribe to our newsletter:  https://blockspace.beehiiv.com/subscribe

Questions or want to sponsor? william@blockspace.media

[

Blockspace

A B2B publication for Bitcoin, Bitcoin mining and Bitcoin builders.

YouTube

](https://www.youtube.com/channel/UCZBo-pYEI9lyjxoojq_X8MA?sub_confirmation=1&ref=tftc.io)

]]> <![CDATA[Are The Feds Coming After Bitcoin Miners?]]> Fri, 09 Feb 2024 16:55:35 GMT https://scrib-brugeman.npub.pro/post/https-tftc-ioare-the-feds-coming-after-bitcoin-miners/ https://scrib-brugeman.npub.pro/post/https-tftc-ioare-the-feds-coming-after-bitcoin-miners/ naddr1qquksar5wpen5te0w3n8gcewd9hj7ctjv5khg6r994nx2ern943k7mtfdenj6ctxw3jhyttzd96xxmmfdckk66twv4e8xtczyq5zg6hwmdnu57e9q89ktqxuqt939vpv4t8draefhdset5rzkyy26qcyqqq823c9xv3f2 The Mining Pod naddr1qquksar5wpen5te0w3n8gcewd9hj7ctjv5khg6r994nx2ern943k7mtfdenj6ctxw3jhyttzd96xxmmfdckk66twv4e8xtczyq5zg6hwmdnu57e9q89ktqxuqt939vpv4t8draefhdset5rzkyy26qcyqqq823c9xv3f2 npub19qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksn4zc3g This post was originally published on https://tftc.io by William Foxley.

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Charlie, Matt and Will talk about Bitcoin mining news this week, including price, Hut 8’s leadership change, the EIA seeking energy data and French Montana shilling his latest Bitcoin NFT.

Please subscribe to our newsletter:  https://blockspace.media/

Questions or want to sponsor? william@blockspace.media.

]]> This post was originally published on https://tftc.io by William Foxley.

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Charlie, Matt and Will talk about Bitcoin mining news this week, including price, Hut 8’s leadership change, the EIA seeking energy data and French Montana shilling his latest Bitcoin NFT.

Please subscribe to our newsletter:  https://blockspace.media/

Questions or want to sponsor? william@blockspace.media.

]]> <![CDATA[The Celsius Mining Scoop With ChazzonKe]]> Tue, 06 Feb 2024 14:03:10 GMT https://scrib-brugeman.npub.pro/post/https-tftc-iothe-celsius-mining-scoop-with-chazzonke/ https://scrib-brugeman.npub.pro/post/https-tftc-iothe-celsius-mining-scoop-with-chazzonke/ naddr1qquxsar5wpen5te0w3n8gcewd9hj7argv5kkxetvwd5h2uedd45ku6twvukhxcm0dacz6amfw35z6cmgv9a85mmwddjj7q3q9qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksxpqqqp65wnsgqq4 The Mining Pod naddr1qquxsar5wpen5te0w3n8gcewd9hj7argv5kkxetvwd5h2uedd45ku6twvukhxcm0dacz6amfw35z6cmgv9a85mmwddjj7q3q9qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksxpqqqp65wnsgqq4 npub19qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksn4zc3g This post was originally published on https://tftc.io by William Foxley.

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Celsius Mining recently completed its Chapter 11 restructuring, and is now managed by Hut 8. Are creditors getting a good deal?

Follow along on your favorite podcast player of choice by clicking here.

Celsius Mining was one of the only truly functional parts of Celsius, a defunct lending firm that went belly up in mid-2022. The mining firm recently transitioned to its own entity, Ionic, and is working with Hut 8 to run its mining assets. But did creditors get a good deal? We brought on citizen journalist and long time skeptic ‘ChazzonKe’ to learn more.

Please subscribe to our newsletter:  https://blockspace.media/

Questions or want to sponsor? william@blockspace.media.

]]> This post was originally published on https://tftc.io by William Foxley.

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Celsius Mining recently completed its Chapter 11 restructuring, and is now managed by Hut 8. Are creditors getting a good deal?

Follow along on your favorite podcast player of choice by clicking here.

Celsius Mining was one of the only truly functional parts of Celsius, a defunct lending firm that went belly up in mid-2022. The mining firm recently transitioned to its own entity, Ionic, and is working with Hut 8 to run its mining assets. But did creditors get a good deal? We brought on citizen journalist and long time skeptic ‘ChazzonKe’ to learn more.

Please subscribe to our newsletter:  https://blockspace.media/

Questions or want to sponsor? william@blockspace.media.

]]> <![CDATA[Enter Swan Mining With Rapha Zagury]]> Mon, 05 Feb 2024 23:02:12 GMT https://scrib-brugeman.npub.pro/post/https-tftc-ioenter-swan-mining-with-rapha-zagury/ https://scrib-brugeman.npub.pro/post/https-tftc-ioenter-swan-mining-with-rapha-zagury/ naddr1qq6xsar5wpen5te0w3n8gcewd9hj7etww3jhyttnwaskuttdd9hxjmn894mkjarg94exzurgvykh5ct8w4e8jtczyq5zg6hwmdnu57e9q89ktqxuqt939vpv4t8draefhdset5rzkyy26qcyqqq823c3mza6d The Mining Pod naddr1qq6xsar5wpen5te0w3n8gcewd9hj7etww3jhyttnwaskuttdd9hxjmn894mkjarg94exzurgvykh5ct8w4e8jtczyq5zg6hwmdnu57e9q89ktqxuqt939vpv4t8draefhdset5rzkyy26qcyqqq823c3mza6d npub19qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksn4zc3g This post was originally published on https://tftc.io by William Foxley.

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Swan launched a large mining company out of stealth. The question is…how?

Bitcoin financial services company announced its 4.5 EH/s Bitcoin mining operation the other week, turning heads across the Bitcoin ecosystem. Why is a financial services company getting into Bitcoin mining and how did they do it so sneakily? We find out with Rapha Zagury, CIO of Swan and head of Swan Mining.

Please subscribe to our newsletter:  https://blockspace.media/

Questions or want to sponsor? william@blockspace.media.

]]> This post was originally published on https://tftc.io by William Foxley.

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Swan launched a large mining company out of stealth. The question is…how?

Bitcoin financial services company announced its 4.5 EH/s Bitcoin mining operation the other week, turning heads across the Bitcoin ecosystem. Why is a financial services company getting into Bitcoin mining and how did they do it so sneakily? We find out with Rapha Zagury, CIO of Swan and head of Swan Mining.

Please subscribe to our newsletter:  https://blockspace.media/

Questions or want to sponsor? william@blockspace.media.

]]> <![CDATA[Is Bitcoin Mining Actually Good For Texas? | Tom Masiero]]> Tue, 30 Jan 2024 16:58:58 GMT https://scrib-brugeman.npub.pro/post/https-tftc-iois-bitcoin-mining-actually-good-for-texas-tom-masiero/ https://scrib-brugeman.npub.pro/post/https-tftc-iois-bitcoin-mining-actually-good-for-texas-tom-masiero/ naddr1qprxsar5wpen5te0w3n8gcewd9hj76tn943xjarrda5kuttdd9hxjmn894skxar4v9kxc7fdvahk7epdvehhytt5v4uxzuedw3hk6ttdv9ekjetjduhsygpgy34wakm8efaj2qwtvkqdcqktz2cze2kw68mjnwmpjhgx9vgg45psgqqqw4rsuv3h85 The Mining Pod naddr1qprxsar5wpen5te0w3n8gcewd9hj76tn943xjarrda5kuttdd9hxjmn894skxar4v9kxc7fdvahk7epdvehhytt5v4uxzuedw3hk6ttdv9ekjetjduhsygpgy34wakm8efaj2qwtvkqdcqktz2cze2kw68mjnwmpjhgx9vgg45psgqqqw4rsuv3h85 npub19qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksn4zc3g This post was originally published on https://tftc.io by William Foxley.

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Key Takeaways

In this episode of the Mining Pod, host Will speaks with Tom Asero of Standard Bitcoin to discuss the ins and outs of bitcoin mining in the southeast United States, recorded at the Nashville Energy and Mining Summit. The conversation spans several topics, including the energy dynamics, infrastructure impacts, and a counterintuitive take on bitcoin mining's effect on the energy grid.

  1. Bitcoin Mining in Southeast US: The southeast offers unique opportunities for bitcoin mining with its energy prices and infrastructure. While the public perception may be that areas like ERCOT in Texas are ideal due to low energy costs, Tom suggests that the reality is more complex, with hidden costs and grid instability potentially increasing operational challenges.
  2. Energy Grid Concerns: Tom expresses concerns about the impact of bitcoin mining on the Texas grid, which is heavily subsidized for wind and solar energy. He argues that bitcoin mining might exacerbate the grid's existing issues rather than contribute positively, as some narratives suggest.
  3. Mining Strategies During Bear Markets: Tom outlines his approach to building bitcoin mining operations without heavy reliance on ASIC ownership. By focusing on providing rack space and leaving the operational management to clients, he avoids the pitfalls of significant debt financing and hardware management problems that can plague miners during downturns.
  4. Ordinal Inscriptions: Tom discusses the emergence of ordinal inscriptions and their potential impact on bitcoin's fee market. He highlights how this could benefit miners leading up to the Bitcoin halving by creating a robust fee market that could change ASIC allocation strategies.
  5. Chinese National Security Concerns: The episode touches on recent concerns surrounding Chinese nationals' involvement in bitcoin mining near US military bases. Tom emphasizes the importance of not succumbing to fear-mongering and instead recognizing these miners as refugees seeking economic freedom in a more stable environment.
  6. Future Hash Rate Projections: Tom predicts a significant increase in the bitcoin network's hash rate, potentially doubling to around 550 EH/s by December 2024, driven by the deployment of new generation machines and increased capacity at mining sites.

Best Quotes

  1. "If ordinals ruin Bitcoin, we were all wasting our time anyway, so let's just get it out of the way." - Tom highlights the importance of embracing innovations like ordinal inscriptions in Bitcoin, viewing them as a potential stress test for the network's resilience.
  2. "When things get hatched in bear markets, they have time to get right." - Tom reflects on how innovations born during bear markets, like ordinal inscriptions, have the opportunity to develop robustly due to the lack of hype and pressure.
  3. "We're a very pro-freedom oriented country... We should be embracing these digital refugees instead of mischaracterizing them." - Tom discusses the need to welcome Chinese bitcoin miners to the U.S. rather than painting them with a broad brush of national security concerns.
  4. "If you build the best, cheapest chicken shack miner, you could have an advantage of getting some access to hash rate on the hosting rates that you had. And I don't have to buy any ASICs." - Tom explains his strategy for building efficient and cost-effective mining operations without the burdens of owning and managing ASIC hardware.
  5. "It's like pouring fuel on the fire... it's kind of perpetuating more of these [unreliable] buildouts." - Tom criticizes the narrative that Bitcoin mining is beneficial for the ERCOT grid, arguing that it may actually encourage problematic energy practices.

Conclusion

This episode of the Mining Pod offers a deep dive into the world of bitcoin mining, particularly focusing on the southeast United States. Tom Asero provides valuable insights into the complexities of the energy grid, the strategic approaches to mining during bear and bull markets, and the potential of innovations like ordinal inscriptions.

Despite some counterintuitive takes, especially regarding the impact of mining on the ERCOT grid, Tom remains optimistic about the future of bitcoin mining and its ability to adapt and grow. His prediction for the hash rate doubling by the end of 2024 reflects a bullish outlook for the industry.

As the conversation about Chinese nationals and national security concerns continues, Tom's perspective serves as a reminder to uphold the principles of economic freedom that bitcoin embodies. The episode concludes on a note that celebrates the resilience and adaptability of the bitcoin mining community, despite the various challenges it faces.

Texas is Bitcoin country, right? Over 2 gigawatts of energy is now mining Bitcoin in Texas, but it might be bad for the long term stability of the Texas energy grid. Tom Masiero of Standard Bitcoin walks us through why, in addition to insights on mining Bitcoin in the Tennessee Valley.

Please subscribe to our newsletter:  https://blockspace.media/

Questions or want to sponsor? william@blockspace.media.

]]> This post was originally published on https://tftc.io by William Foxley.

Read original post

Key Takeaways

In this episode of the Mining Pod, host Will speaks with Tom Asero of Standard Bitcoin to discuss the ins and outs of bitcoin mining in the southeast United States, recorded at the Nashville Energy and Mining Summit. The conversation spans several topics, including the energy dynamics, infrastructure impacts, and a counterintuitive take on bitcoin mining's effect on the energy grid.

  1. Bitcoin Mining in Southeast US: The southeast offers unique opportunities for bitcoin mining with its energy prices and infrastructure. While the public perception may be that areas like ERCOT in Texas are ideal due to low energy costs, Tom suggests that the reality is more complex, with hidden costs and grid instability potentially increasing operational challenges.
  2. Energy Grid Concerns: Tom expresses concerns about the impact of bitcoin mining on the Texas grid, which is heavily subsidized for wind and solar energy. He argues that bitcoin mining might exacerbate the grid's existing issues rather than contribute positively, as some narratives suggest.
  3. Mining Strategies During Bear Markets: Tom outlines his approach to building bitcoin mining operations without heavy reliance on ASIC ownership. By focusing on providing rack space and leaving the operational management to clients, he avoids the pitfalls of significant debt financing and hardware management problems that can plague miners during downturns.
  4. Ordinal Inscriptions: Tom discusses the emergence of ordinal inscriptions and their potential impact on bitcoin's fee market. He highlights how this could benefit miners leading up to the Bitcoin halving by creating a robust fee market that could change ASIC allocation strategies.
  5. Chinese National Security Concerns: The episode touches on recent concerns surrounding Chinese nationals' involvement in bitcoin mining near US military bases. Tom emphasizes the importance of not succumbing to fear-mongering and instead recognizing these miners as refugees seeking economic freedom in a more stable environment.
  6. Future Hash Rate Projections: Tom predicts a significant increase in the bitcoin network's hash rate, potentially doubling to around 550 EH/s by December 2024, driven by the deployment of new generation machines and increased capacity at mining sites.

Best Quotes

  1. "If ordinals ruin Bitcoin, we were all wasting our time anyway, so let's just get it out of the way." - Tom highlights the importance of embracing innovations like ordinal inscriptions in Bitcoin, viewing them as a potential stress test for the network's resilience.
  2. "When things get hatched in bear markets, they have time to get right." - Tom reflects on how innovations born during bear markets, like ordinal inscriptions, have the opportunity to develop robustly due to the lack of hype and pressure.
  3. "We're a very pro-freedom oriented country... We should be embracing these digital refugees instead of mischaracterizing them." - Tom discusses the need to welcome Chinese bitcoin miners to the U.S. rather than painting them with a broad brush of national security concerns.
  4. "If you build the best, cheapest chicken shack miner, you could have an advantage of getting some access to hash rate on the hosting rates that you had. And I don't have to buy any ASICs." - Tom explains his strategy for building efficient and cost-effective mining operations without the burdens of owning and managing ASIC hardware.
  5. "It's like pouring fuel on the fire... it's kind of perpetuating more of these [unreliable] buildouts." - Tom criticizes the narrative that Bitcoin mining is beneficial for the ERCOT grid, arguing that it may actually encourage problematic energy practices.

Conclusion

This episode of the Mining Pod offers a deep dive into the world of bitcoin mining, particularly focusing on the southeast United States. Tom Asero provides valuable insights into the complexities of the energy grid, the strategic approaches to mining during bear and bull markets, and the potential of innovations like ordinal inscriptions.

Despite some counterintuitive takes, especially regarding the impact of mining on the ERCOT grid, Tom remains optimistic about the future of bitcoin mining and its ability to adapt and grow. His prediction for the hash rate doubling by the end of 2024 reflects a bullish outlook for the industry.

As the conversation about Chinese nationals and national security concerns continues, Tom's perspective serves as a reminder to uphold the principles of economic freedom that bitcoin embodies. The episode concludes on a note that celebrates the resilience and adaptability of the bitcoin mining community, despite the various challenges it faces.

Texas is Bitcoin country, right? Over 2 gigawatts of energy is now mining Bitcoin in Texas, but it might be bad for the long term stability of the Texas energy grid. Tom Masiero of Standard Bitcoin walks us through why, in addition to insights on mining Bitcoin in the Tennessee Valley.

Please subscribe to our newsletter:  https://blockspace.media/

Questions or want to sponsor? william@blockspace.media.

]]> <![CDATA[Are You Ready For The Bitcoin Halving, Anon?]]> Fri, 26 Jan 2024 18:36:38 GMT https://scrib-brugeman.npub.pro/post/https-tftc-ioare-you-ready-for-the-bitcoin-halving-anon/ https://scrib-brugeman.npub.pro/post/https-tftc-ioare-you-ready-for-the-bitcoin-halving-anon/ naddr1qqaksar5wpen5te0w3n8gcewd9hj7ctjv5khjmm494ex2cty0ykkvmmj946xsefdvf5hgcm0d9hz66rpd3mxjmn894skummw9upzq2pydthdke720vjsrjm9srwq9jcjkqk24nk37u5mkcv46p3tzz9dqvzqqqr4gukh3kjx The Mining Pod naddr1qqaksar5wpen5te0w3n8gcewd9hj7ctjv5khjmm494ex2cty0ykkvmmj946xsefdvf5hgcm0d9hz66rpd3mxjmn894skummw9upzq2pydthdke720vjsrjm9srwq9jcjkqk24nk37u5mkcv46p3tzz9dqvzqqqr4gukh3kjx npub19qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksn4zc3g This post was originally published on https://tftc.io by William Foxley.

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Key Takeaways

Bitcoin Halving and Market Dynamics

The podcast episode kicked off with a discussion about the upcoming Bitcoin halving, which is likened to a major holiday for the Bitcoin community due to its significance. It occurs approximately every four years and results in the halving of Bitcoin block rewards for miners. The anticipation around this event often affects the market dynamics, including the actions of Bitcoin miners as they prepare for the reduced revenue.

Please subscribe to our newsletter:  https://blockspace.media/

Questions or want to sponsor? william@blockspace.media.

Impact of Weather on Mining

The conversation moved to the impact of weather patterns on Bitcoin mining, particularly in Texas where cold snaps have led to miners shutting down to assist with grid demand. These events underscore the interplay between energy markets and Bitcoin mining, with miners acting as flexible loads that can stabilize the grid during periods of stress.

Ordinals and Inscriptions

Charlie provided insights into the growing trend of Bitcoin ordinals and inscriptions, which are essentially Bitcoin-native NFTs. They're being used as advocacy tools for proposed Bitcoin network upgrades, such as new opcodes, and are also creating market activity that could potentially affect transaction fees and miner revenue.

Public Bitcoin Miners

The episode also touched upon the financial health and strategies of publicly listed Bitcoin miners. These entities are navigating the market downturn by shedding debt, upgrading equipment, and preparing for the halving event. The podcast highlighted the importance of having efficient mining operations as the halving approaches.

ETFs and Bitcoin Mining

Another topic of discussion was the role of Bitcoin ETFs in the market. Inflows and outflows from these funds can significantly affect Bitcoin's price, which is critical for miners as they head into the halving. The hosts speculated on whether the new ETFs could attract more capital to Bitcoin, potentially benefiting miners.

Best Quotes

"Bitcoin halving is coming up in around 100 days. It's the biggest event in Bitcoin every four years, almost like a Bitcoin Christmas and 4th of July mixed together." - Will

Context: Will emphasizes the importance of the Bitcoin halving event, suggesting that it's a festive and significant moment for the Bitcoin community.

"If you want to know what the next difficulty adjustment is going to be, call your meteorologist." - Charlie

Context: Charlie humorously notes the direct influence that weather events have on Bitcoin mining operations, highlighting how Texas weather patterns have affected the hash rate and difficulty adjustments.

"We're going to see, as the network hash rate becomes increasingly globalized, localized weather events are going to actually affect hash rate off and on." - Matt

Context: Matt analyzes the broader implications of localized weather events on the global Bitcoin hash rate, suggesting that the impact of the weather will become more pronounced as Bitcoin mining becomes more widespread.

Conclusion

The podcast episode provided a comprehensive overview of the current state of Bitcoin mining, including the upcoming halving event, the influence of weather on mining operations, and the innovative use of ordinals and inscriptions within the Bitcoin network. The conversation also covered the strategies and challenges faced by publicly listed Bitcoin miners and speculated on the potential impact of ETFs on the Bitcoin price.

The overarching message from the episode is that Bitcoin mining is deeply interconnected with various factors - from weather patterns to market dynamics and technological advancements. As the industry evolves, miners and investors alike must consider these factors to navigate the landscape successfully.

The episode underscored the importance of the Bitcoin halving event as a pivotal moment for miners, with potential implications for the entire Bitcoin ecosystem. The use of ordinals and inscriptions is a testament to the innovative spirit within the Bitcoin community, and the resurgence of core scientific from bankruptcy shows resilience within the mining sector.

Overall, the episode paints a picture of an industry in flux but poised for exciting developments, with the upcoming halving serving as a critical catalyst for change.

]]> This post was originally published on https://tftc.io by William Foxley.

Read original post

Key Takeaways

Bitcoin Halving and Market Dynamics

The podcast episode kicked off with a discussion about the upcoming Bitcoin halving, which is likened to a major holiday for the Bitcoin community due to its significance. It occurs approximately every four years and results in the halving of Bitcoin block rewards for miners. The anticipation around this event often affects the market dynamics, including the actions of Bitcoin miners as they prepare for the reduced revenue.

Please subscribe to our newsletter:  https://blockspace.media/

Questions or want to sponsor? william@blockspace.media.

Impact of Weather on Mining

The conversation moved to the impact of weather patterns on Bitcoin mining, particularly in Texas where cold snaps have led to miners shutting down to assist with grid demand. These events underscore the interplay between energy markets and Bitcoin mining, with miners acting as flexible loads that can stabilize the grid during periods of stress.

Ordinals and Inscriptions

Charlie provided insights into the growing trend of Bitcoin ordinals and inscriptions, which are essentially Bitcoin-native NFTs. They're being used as advocacy tools for proposed Bitcoin network upgrades, such as new opcodes, and are also creating market activity that could potentially affect transaction fees and miner revenue.

Public Bitcoin Miners

The episode also touched upon the financial health and strategies of publicly listed Bitcoin miners. These entities are navigating the market downturn by shedding debt, upgrading equipment, and preparing for the halving event. The podcast highlighted the importance of having efficient mining operations as the halving approaches.

ETFs and Bitcoin Mining

Another topic of discussion was the role of Bitcoin ETFs in the market. Inflows and outflows from these funds can significantly affect Bitcoin's price, which is critical for miners as they head into the halving. The hosts speculated on whether the new ETFs could attract more capital to Bitcoin, potentially benefiting miners.

Best Quotes

"Bitcoin halving is coming up in around 100 days. It's the biggest event in Bitcoin every four years, almost like a Bitcoin Christmas and 4th of July mixed together." - Will

Context: Will emphasizes the importance of the Bitcoin halving event, suggesting that it's a festive and significant moment for the Bitcoin community.

"If you want to know what the next difficulty adjustment is going to be, call your meteorologist." - Charlie

Context: Charlie humorously notes the direct influence that weather events have on Bitcoin mining operations, highlighting how Texas weather patterns have affected the hash rate and difficulty adjustments.

"We're going to see, as the network hash rate becomes increasingly globalized, localized weather events are going to actually affect hash rate off and on." - Matt

Context: Matt analyzes the broader implications of localized weather events on the global Bitcoin hash rate, suggesting that the impact of the weather will become more pronounced as Bitcoin mining becomes more widespread.

Conclusion

The podcast episode provided a comprehensive overview of the current state of Bitcoin mining, including the upcoming halving event, the influence of weather on mining operations, and the innovative use of ordinals and inscriptions within the Bitcoin network. The conversation also covered the strategies and challenges faced by publicly listed Bitcoin miners and speculated on the potential impact of ETFs on the Bitcoin price.

The overarching message from the episode is that Bitcoin mining is deeply interconnected with various factors - from weather patterns to market dynamics and technological advancements. As the industry evolves, miners and investors alike must consider these factors to navigate the landscape successfully.

The episode underscored the importance of the Bitcoin halving event as a pivotal moment for miners, with potential implications for the entire Bitcoin ecosystem. The use of ordinals and inscriptions is a testament to the innovative spirit within the Bitcoin community, and the resurgence of core scientific from bankruptcy shows resilience within the mining sector.

Overall, the episode paints a picture of an industry in flux but poised for exciting developments, with the upcoming halving serving as a critical catalyst for change.

]]> <![CDATA[Mine Bitcoin At Home W/ John Stefanopoulos (FutureBit)]]> Tue, 23 Jan 2024 15:15:53 GMT https://scrib-brugeman.npub.pro/post/https-tftc-iomine-bitcoin-at-home-w-john-stefanopoulos-futurebit/ https://scrib-brugeman.npub.pro/post/https-tftc-iomine-bitcoin-at-home-w-john-stefanopoulos-futurebit/ naddr1qpzxsar5wpen5te0w3n8gcewd9hj7mtfdejj6cnfw33k76tw94shgttgdakk2tth944x76rw94ehgetxv9hx7ur0w4kx7uedve6hgatjv43xjap0qgszsfr2amdk0jnmy5qukevqmspvky4s9j4va50h9xakr9wsv2cs3tgrqsqqqa28q3q9np The Mining Pod naddr1qpzxsar5wpen5te0w3n8gcewd9hj7mtfdejj6cnfw33k76tw94shgttgdakk2tth944x76rw94ehgetxv9hx7ur0w4kx7uedve6hgatjv43xjap0qgszsfr2amdk0jnmy5qukevqmspvky4s9j4va50h9xakr9wsv2cs3tgrqsqqqa28q3q9np npub19qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksn4zc3g This post was originally published on https://tftc.io by William Foxley.

Read original post

Ever wanted to mine Bitcoin at home? Well you can with FutureBit! Founder and CEO John Stefanopoulos joins us to talk about how to mine Bitcoin at home and why it's important for network decentralization.

Please subscribe to our newsletter:  https://blockspace.media/

Questions or want to sponsor? william@blockspace.media.

Watch & Listen:

]]> This post was originally published on https://tftc.io by William Foxley.

Read original post

Ever wanted to mine Bitcoin at home? Well you can with FutureBit! Founder and CEO John Stefanopoulos joins us to talk about how to mine Bitcoin at home and why it's important for network decentralization.

Please subscribe to our newsletter:  https://blockspace.media/

Questions or want to sponsor? william@blockspace.media.

Watch & Listen:

]]> <![CDATA[How The Gold Mining Industry Changed Post-ETF]]> Tue, 16 Jan 2024 17:18:22 GMT https://scrib-brugeman.npub.pro/post/https-tftc-iohow-the-gold-mining-industry-changed-post-etf/ https://scrib-brugeman.npub.pro/post/https-tftc-iohow-the-gold-mining-industry-changed-post-etf/ naddr1qqlxsar5wpen5te0w3n8gcewd9hj76r0wukhg6r994nk7mry94kkjmnfdenj66twv36hxarj0ykkx6rpdenk2epdwphhxapdv46xvtczyq5zg6hwmdnu57e9q89ktqxuqt939vpv4t8draefhdset5rzkyy26qcyqqq823cavnrae The Mining Pod naddr1qqlxsar5wpen5te0w3n8gcewd9hj76r0wukhg6r994nk7mry94kkjmnfdenj66twv36hxarj0ykkx6rpdenk2epdwphhxapdv46xvtczyq5zg6hwmdnu57e9q89ktqxuqt939vpv4t8draefhdset5rzkyy26qcyqqq823cavnrae npub19qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksn4zc3g This post was originally published on https://tftc.io by William Foxley.

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Today we are joined by Amanda Fabiano, founder of Fabiano Consulting, to look into the Bitcoin mining market post-Bitcoin ETF, using the gold mining industry as a comparative example.

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]]> This post was originally published on https://tftc.io by William Foxley.

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Today we are joined by Amanda Fabiano, founder of Fabiano Consulting, to look into the Bitcoin mining market post-Bitcoin ETF, using the gold mining industry as a comparative example.

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]]> <![CDATA[Are Bitcoin Mining Stocks Dead? Bitcoin ETF Launch Livestream]]> Fri, 12 Jan 2024 03:43:25 GMT https://scrib-brugeman.npub.pro/post/https-tftc-ioare-bitcoin-mining-stocks-dead-bitcoin-etf-launch-livestream/ https://scrib-brugeman.npub.pro/post/https-tftc-ioare-bitcoin-mining-stocks-dead-bitcoin-etf-launch-livestream/ naddr1qpxksar5wpen5te0w3n8gcewd9hj7ctjv5kky6t5vdhkjm3dd45ku6twvukhxar0vd4hxttyv4skgttzd96xxmmfdckk2arx94kxzatwvd5z6mrfwejhxarjv4sk6tczyq5zg6hwmdnu57e9q89ktqxuqt939vpv4t8draefhdset5rzkyy26qcyqqq823cyg0yzv The Mining Pod naddr1qpxksar5wpen5te0w3n8gcewd9hj7ctjv5kky6t5vdhkjm3dd45ku6twvukhxar0vd4hxttyv4skgttzd96xxmmfdckk2arx94kxzatwvd5z6mrfwejhxarjv4sk6tczyq5zg6hwmdnu57e9q89ktqxuqt939vpv4t8draefhdset5rzkyy26qcyqqq823cyg0yzv npub19qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksn4zc3g This post was originally published on https://tftc.io by William Foxley.

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Bitcoin mining stocks took a nose dive after the launch of the Bitcoin ETFs yesterday. We jumped on a livestream as the market closed to speculate on why mining stocks tumbled and first takes on Bitcoin’s big tradfi day.

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]]> This post was originally published on https://tftc.io by William Foxley.

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Bitcoin mining stocks took a nose dive after the launch of the Bitcoin ETFs yesterday. We jumped on a livestream as the market closed to speculate on why mining stocks tumbled and first takes on Bitcoin’s big tradfi day.

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]]> <![CDATA[Drafting Bitcoin Mining Stocks W/ Ray Salmond (Cointelegraph)]]> Tue, 09 Jan 2024 19:21:05 GMT https://scrib-brugeman.npub.pro/post/https-tftc-iodrafting-bitcoin-mining-stocks-w-ray-salmond-cointelegraph/ https://scrib-brugeman.npub.pro/post/https-tftc-iodrafting-bitcoin-mining-stocks-w-ray-salmond-cointelegraph/ naddr1qp9ksar5wpen5te0w3n8gcewd9hj7erjv9n8g6twvukky6t5vdhkjm3dd45ku6twvukhxar0vd4hxtth94exz7fdwdskcmt0dejz6cm0d9h8getvv4nhyctsdqhsygpgy34wakm8efaj2qwtvkqdcqktz2cze2kw68mjnwmpjhgx9vgg45psgqqqw4rsfnpepf The Mining Pod naddr1qp9ksar5wpen5te0w3n8gcewd9hj7erjv9n8g6twvukky6t5vdhkjm3dd45ku6twvukhxar0vd4hxtth94exz7fdwdskcmt0dejz6cm0d9h8getvv4nhyctsdqhsygpgy34wakm8efaj2qwtvkqdcqktz2cze2kw68mjnwmpjhgx9vgg45psgqqqw4rsfnpepf npub19qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksn4zc3g This post was originally published on https://tftc.io by William Foxley.

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On the eve of a possible Bitcoin ETF, we conduct the first ever BITCOIN MINING STOCK DRAFT! We each pick 5 Bitcoin mining stocks to watch over the next 3 months based on public information.

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]]> This post was originally published on https://tftc.io by William Foxley.

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On the eve of a possible Bitcoin ETF, we conduct the first ever BITCOIN MINING STOCK DRAFT! We each pick 5 Bitcoin mining stocks to watch over the next 3 months based on public information.

Please subscribe to our newsletter: Blockspace.media

Questions or want to sponsor? william@blockspace.media.

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]]> <![CDATA[The State Of Core Scientific W/ Adam Sullivan]]> Wed, 22 Nov 2023 18:15:19 GMT https://scrib-brugeman.npub.pro/post/https-tftc-iothe-state-of-core-scientific-w-adam-sullivan/ https://scrib-brugeman.npub.pro/post/https-tftc-iothe-state-of-core-scientific-w-adam-sullivan/ naddr1qq7ksar5wpen5te0w3n8gcewd9hj7argv5khxarpw3jj6mmx943k7un994ekx6t9de6xjenfvvkhwttpv3sk6ttnw4kxc6tkv9hz7q3q9qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksxpqqqp65wrwsw04 The Mining Pod naddr1qq7ksar5wpen5te0w3n8gcewd9hj7argv5khxarpw3jj6mmx943k7un994ekx6t9de6xjenfvvkhwttpv3sk6ttnw4kxc6tkv9hz7q3q9qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksxpqqqp65wrwsw04 npub19qjx4mkmvl98kfgpedjcphqzevftqt92emglw2dmvx2aqc43pzksn4zc3g This post was originally published on https://tftc.io by William Foxley.

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Adam Sullivan of Core Scientific joins us to discuss rebuilding Core Scientific - formerly the largest Bitcoin miner in the world. We discuss Core’s facilities, its Chapter 11 exit plan and what it expects in 2024.

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]]> This post was originally published on https://tftc.io by William Foxley.

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Adam Sullivan of Core Scientific joins us to discuss rebuilding Core Scientific - formerly the largest Bitcoin miner in the world. We discuss Core’s facilities, its Chapter 11 exit plan and what it expects in 2024.

Questions or want to sponsor? william@blockspace.media.

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]]>