INTERVIEW: What You Need To Know About Bitcoin Mining With Shanon Squires

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!  👉 Check out Bitcoin Season 2 and The Gwart Show. 👉 Watch our newest documentary, The Big Empty! 👉 Watch our livestream on Samourai Wallet! Follow our host on Twitter, @wsfoxley. Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining! "The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices