H4shr8 Crypto Mining Podcast

How BitFuFu Is Leveraging Cloud Contracts For International Growth

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You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 10,000 Bitcoiners: https://newsletter.blockspacemedia.com Want to mine Bitcoin? Check out the Blockspace Media store today! Welcome to The Mining Pod! Charlie Brady, VP of Investor Relations at BitFuFu joins us to dive into their Bitcoin mining operations. We explore their strategic expansion in Ethiopia with electricity costs under $0.04/kWh, their new 51MW Oklahoma facility targeting $0.03/kWh, and their cloud mining business that's grown to over 600,000 users. Charlie shares insights on their asset acquisition strategy, relationship with Bitmain, and plans to reach 1GW of secured power capacity by 2026. Notes: BitFuFu currently has 20.6 EH/s and 480MW hosting capacity Ethiopia electricity costs below $0.04/kWh Oklahoma site targets $0.03/kWh power costs Cloud mining business grew to 602K+ users Cloud mining = ~60% of company revenue 00:00 Start 02:09 Charlie's bio 02:31 Why work for BitFuFu? 04:00 Ethiopia 05:35 Ethiopia