EPISODE · Jan 31, 2023 · 45 MIN
Cleaning Up Coal Waste with Bitcoin Mining | Greg Beard | The Mining Pod
from The Mining Pod | Blockspace Media · host Blockspace Media
Today we are joined by Greg Beard, CEO of Stronghold Digital Mining. Greg and I discuss Stronghold’s use of waste coal to clean up Pennsylvania and mine Bitcoin, how Bitcoin mining incentives land reclamation and the mining economics of vertical integration. https://strongholddigitalmining.com/ Greg Beard: https://www.linkedin.com/in/greg-beard-682047142 Will Foxley: https://twitter.com/wsfoxley TIMESTAMPS: 00:00 Start 00:28 Intro 01:03 Stronghold business 02:20 Power from coal waste 06:58 Special power plant 12:53 Scale or the problem / solution 17:07 Why Bitcoin mining? 21:21 Mining economics w/ vertical integration 26:04 Subsidies & carbon credits 26:59 Deciding when to switch revenue streams 29:25 Predicting energy price volatility 35:40 Local community reaction 37:15 Environmentalist pushback? 40:17 Bitcoin community reaction 43:31 Hashrate prediction MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
Today we are joined by Greg Beard, CEO of Stronghold Digital Mining. Greg and I discuss Stronghold’s use of waste coal to clean up Pennsylvania and mine Bitcoin, how Bitcoin mining incentives land reclamation and the mining economics of vertical integration. https://strongholddigitalmining.com/ Greg Beard: https://www.linkedin.com/in/greg-beard-682047142 Will Foxley: https://twitter.com/wsfoxley TIMESTAMPS: 00:00 Start 00:28 Intro 01:03 Stronghold business 02:20 Power from coal waste 06:58 Special power plant 12:53 Scale or the problem / solution 17:07 Why Bitcoin mining? 21:21 Mining economics w/ vertical integration 26:04 Subsidies & carbon credits 26:59 Deciding when to switch revenue streams 29:25 Predicting energy price volatility 35:40 Local community reaction 37:15 Environmentalist pushback? 40:17 Bitcoin community reaction 43:31 Hashrate prediction MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices
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Cleaning Up Coal Waste with Bitcoin Mining | Greg Beard | The Mining Pod
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