2025 Is the Year of the AI/HPC Miner w/ Kevin Dede

Welcome back to The Mining Pod! For today’s Bitcoin Stock Show, Kevin Dede, a managing director of equity research at investment bank H.C. Wainwright, joins to discuss AI/HPC hybrid bitcoin miners vs. pure-play ones – specifically, which strategy Dede is bullish on for 2025 and beyond. We touch on what the $500 billion project Stargate means for bitcoin miner AI aspirations, what he thinks of Riot and Bitfarms evaluating their sites for an AI retrofit, which miners he favors in the AI race, and more.  Timestamps 00:00 Start 02:40 AI vs pure play miners 06:30 Constraints of Mining & network effects 08:55 Hashrate growthrate per year 09:50 Predicted hashrate growth 11:09 Project Stargate 15:54 Infrastructure vs computes plays 22:11 Investor perception 23:07 Riot pause 28:15 Is it too late to HPC convert? 31:18 Core Scientific 39:28 Favorite miner pivoting to AI 43:57 Does AI push miners out of USA? 49:47 Bitdeer's HPC pipeline 54:28 Tiny Texas town 56:51 Hive in Paraguay Subscribe to our newsletter! https://newsletter.blockspacemedia.com/ 👉 CleanSpark (CLSK), America’s Bitcoin Miner! Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/! 👉 Digital Shovel, All Things Crypto Mining! Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com 👉 Luxor, Leaders In Bitcoin Mining and Compute Power! Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS. "The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.  Learn more about your ad choices. Visit megaphone.fm/adchoices