H4shr8 Crypto Mining Podcast

In this interview, we discuss competition among Bitcoin miners, building the world’s largest bitcoin mine during Covid, how to think about mining equities, the vertically integrated model, working with ERCOT, deploying S19 XPs and bear market mining strategies. https://www.riotblockchain.com Jason Les: https://twitter.com/jasonles_ Will Foxley: https://twitter.com/wsfoxley SPONSOR https://foundryacademy.com Enhance your ASIC education with hands-on courses offered by Foundry. Led by industry-veteran instructors, Foundry’s Mining Technician academy programs cover a range of topics - from identifying issues and troubleshooting common hardware failures, to coursework exploring bitcoin’s global impact. TIMESTAMPS: 00:00 Start 00:58 Intro 01:50 FTX collapse 03:00 Relationships in the industry 06:48 Miners having trouble 09:11 Bad decisions in mining 14:00 Miner loans and rates 22:20 Building a massive mining site 26:24 Financing expansions 31:21 Risks of mining equity 34:07 The business model