Bitcoin Mining + BLOC = 60% More BTC w/ Steven Wilson

🛠 Sponsored by: Luxor, Mining software, firmware & hashrate tools https://luxor.tech/ Altair Technology, ASIC hardware, replacement parts & mining infrastructure Code: HASHRATEUP https://altairtech.io SoloMining, Home & solo mining made easy Code: HASHRATEUP https://solomining.de 🔗 Links from this episode: BTC Backed Loans: https://firefish.io?ref=satoshi2984 Wilson Mining: https://wilsonmining.io/ https://x.com/WilsonMining/status/2033302654110065092?s=20 https://x.com/WilsonMining/status/2047725129288110136?s=20 https://x.com/WilsonMining/status/2049635444652978514?s=20 In this episode of HashrateUp, Jesse sits back down with Steven Wilson (Wilson Mining) to break down BLOC — Bitcoin Line of Credit — and why it may be one of the most underused tools for miners trying to survive the current hashprice bear market. Starting with an update on Wilson Mining's move from Iowa to Nebraska and where hashprice sits right now ($32/PH/day), Steven and Jesse get into the core idea: instead of selling mined Bitcoin every month to cover hosting bills, miners can borrow against their BTC holdings and pay operating expenses with the loan — keeping their Bitcoin in place while they wait for better prices. Using a real model (S21 Pro, 245T, hosted at 8¢/kWh, 4-year period, LTV capped at 15%), Steven walks through the numbers: without BLOC, a miner nets 0.02 BTC. With BLOC, that number jumps to 0.32 BTC — a 60% difference in final Bitcoin holdings, driven entirely by not being forced to sell during weak price periods. The conversation also covers why buying ASICs on credit is a bad idea (unlike BTC, they depreciate fast), how LTV and liquidation risk actually work, why rolling lines of credit (Strike-style) beat fixed 12-month loans, and how BLOC ties into US tax strategy for miners. Steven closes with rapid-fire advice on safe starting LTV, liquidation buffers, and the biggest mistake miners make with Bitcoin-backed loans. ⚠️ Neither Jesse nor Steven are financial advisors. This is not financial advice — treat Bitcoin-backed loans with caution and do your own research. TIMESTAMPS: 0:00 Intro & disclaimer 2:30 Wilson Mining update: move from Iowa to Nebraska 5:00 Market conditions: $32 hashprice, -10% difficulty 9:00 What is BLOC? Bitcoin Line of Credit explained 14:00 Commodity storage analogy (corn & soybeans) 18:30 Why you shouldn't buy ASICs on credit 23:00 LTV & liquidation risk explained 27:30 Case study: 0.02 BTC vs 0.32 BTC over 4 years 33:00 Rolling credit lines vs 12-month loans 38:00 Tax advantages for US miners 43:00 Rapid fire: safe LTV, liquidation buffer, biggest mistakes 47:00 Advice for first-time miners 📲 HashrateUp Hardware Deals Telegram: https://t.me/hashrateup 📩 Learn Bitcoin Mining (Free 5 Day Course) https://hashrateup.com/newsletter-sign-up/ #BitcoinMining #BLOC #BitcoinLoan #WilsonMining #Hashprice #HashrateUp