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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
4.8
4242 ratings
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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