What’s happening in the Bitcoin mining market? Did the halving bring us into a new landscape? And how are miners surviving in such hostile revenue territory? We sit down with Shanon Squires, a long time Bitcoin miner and current Chief Mining Officer at Compass Mining.
Timestamps:
00:00 Start
03:02 Shannon intro
06:45 Green field vs rack ready sites
08:23 US mining vs global
10:05 Self taught
11:04 Compass mining move
12:30 Compass business update
14:58 Why has hosting survived?
17:13 The Accelerated program
18:04 How does Accelerated work?
20:18 Facility sizes
22:04 10 megawatts or bust
25:14 Cost per megawatt?
25:42 Transformers are abundant now, right? Right?
27:30 Halving bankruptcies?
28:50 S19 rig bear market
30:38 ASIC sales
32:24 Repair market
35:31 Why are manufacturers training technicians
36:56 Predictions
38:33 $400k per megawatt
Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!
