Alyse Killeen is the founding Managing Partner of StillMark a Bitcoin VC firm. In this episode we talk about the bear market’s effect on venture capital, balance sheet management, and how VC firms invest in the mining industry.

Alyse Killeen:https://twitter.com/alysekilleen

Will Foxley: https://twitter.com/wsfoxley

🎥 TIMESTAMPS:

00:00  Start

01:06  Intro

02:33  Market outlook

05:24  Macro vs. halvening

07:44  BTC during recession

11:20  Evaluating for VC

16:31  Time horizons

21:42  Bear balance sheets

28:20  Mining VC future?

30:08  Seed vs. growth investment

34:37  Wrap

MINE

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LISTEN

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Fountain https://bit.ly/3NeNTec

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LEARN

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FOLLOW

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LinkedIn: https://www.linkedin.com/company/compassmining

Happy hashing! 🤝

#Bitcoin #BitcoinMining

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Welcome back to the Compass Podcast! Today we are joined by Andrew Hinkes, author and adjunct professor at New York University focusing on the intersection of law, government regulation and digital assets. We talk about the huge OFAC sanction on Ethereum mixer Tornado Cash, what it means for Bitcoin miners and further industry repercussions.

Drew Hinkes: https://twitter.com/propelforward

Will Foxley: https://twitter.com/wsfoxley

SPONSOR

https://foundryacademy.com/

🎥 TIMESTAMPS:

00:00  Start

00:17  Foundry Academy

01:04  Intro

02:19  Drew's BTC backstory

05:05  Tornado Cash history

07:16  Censoring smart contracts

09:04  Are miners intermediaries?

11:25  Censoring Bitcoin

13:52  OFAC compliant pools

19:06  Tainting coins

24:18  Account model vs. UTXO

26:30  Legal interpretation roulette

27:38  Celebrity spam transactions

32:05  Future of OFAC regulation

36:26  Privacy coins

38:18  Wrap

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

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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

Happy hashing! 🤝

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We talk with Camden Spiller from Maddox Industrial Transformer about demand for electrical infrastructure, including the consequences of the pandemic, tapering demand from Bitcoin miners and how demand destruction is easing production concerns.

https://www.maddoxtransformer.com/

Camden Spiller: https://www.linkedin.com/in/camden-spiller/

Will Foxley: https://twitter.com/wsfoxley

🎥 TIMESTAMPS:

00:00  Start

01:06  Intro

02:37  Maddox Industrial Transformer

04:49  Customers

06:40  Diversity of infrastructure

07:43  Experience working w/ miners

11:05  Learning the mining space

12:16  Typical examples

14:54  Miner demand

17:45  Steel & deindustrialization

19:42  Auro EV demand on transformers

23:24  COVID & workforce

30:39  Demand destruction

33:05  This miner cycle

36:16  If you could change one thing

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

Happy hashing! 🤝

#Bitcoin #BitcoinMining

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Colin Harper is Head of Research for Hasrate Index. In this episode we talk about hashrate changes, how miners are handling the bear market, ASIC prices and the ETH2 merge (it’s like a car wreck, we can’t help ourselves..).

https://hashrateindex.com/blog/hashate-index-q-2-2022-report-exit-pursued-by-a-bear/

Hashrate Index: https://twitter.com/hashrateindex

Colin Harper: https://twitter.com/AsILayHodling

Will Foxley: https://twitter.com/wsfoxley

🎥 TIMESTAMPS:

00:00  Start

00:15  Foundry Academy

01:04  Intro

03:00  Hashrate

06:37  Heatwave & up-time

09:25  Cost to mine per state

12:46  Hashprice

17:17  Hashprice prediction

22:36  Strategies for bear market

26:26  ASIC prices

29:35  ETH 2.0

32:45  MEV vulnerability

34:45  ETH miner switch

37:27  Wrap

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

Happy hashing! 🤝

#Bitcoin #BitcoinMining

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Jesse Davern of RK Mission Critical talks about all things related to Bitcoin mining containers. We discuss their engineering process, what deployment entails and what future containerized solutions are on the horizon.

https://www.rkmissioncritical.com

Jesse Davern: https://twitter.com/Daverns_Tavern

Will Foxley: https://twitter.com/wsfoxley

🎥 TIMESTAMPS:

00:00  Start

00:21  Foundry Academy

01:10  Intro

02:39  About Company

07:12  Other container solutions

10:39  Competitors

16:52  Brining designs to market

20:33  Building first BTC container

21:44  Container design specs

26:39  Deploying containers

32:53  Running power

34:46  Deployed projects

36:33  Future predictions

39:50  New products

45:33  Wrap

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

Happy hashing! 🤝

#Bitcoin #BitcoinMining

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In this episode we talk with Charlie Spears from Nakamotor about the potential impacts the Celsius bankruptcy might have on miners, rising energy costs, and miners overheating. Seriously, why is it so damn hot!?

Charlie Spears: https://twitter.com/cbspears

Will Foxley: https://twitter.com/wsfoxley

🎥 TIMESTAMPS:

00:00  Start

00:27  Foundry Academy

01:15  Intro

02:43  S19 hardware bug

05:07  Celsius bankruptcy

19:53  M & A of miners

23:11  Heat & mining

31:09  ERCOT miner response

37:50  Energy cost in bear market

40:41  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

Happy hashing! 🤝

#Bitcoin #BitcoinMining

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Today on the show we are joined by Parker Merritt of CoinMetrics to talk about all things 2022 - Q2 data. We go through hashrate, mining revenue, energy costs and much more.

https://coinmetrics.io/insights/state-of-the-market/

Parker Merrit: https://twitter.com/ParkerMerritt

Will Foxley: https://twitter.com/wsfoxley

🎥 TIMESTAMPS:

00:00  Start

00:22  Intro

01:33  Hashrate

05:47  Blocktime vs Difficulty

10:03  Revenue by Quarter

12:49  Cumulative Revenue

16:21  Fee Revenue

20:54  Block Fullness

28:26  Hashprice

30:30  USD Revenue vs Difficulty

35:43  Energy Cost

43:10  S19 Profit Margin

47:47  ASIC Profit by Model

49:42  Profit Margin by Model

51:49  1-Hop Analysis

55:41  Supply Held by Miners

01:00:28 Active 1-Hop Accounts

01:06:11 Wrap

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

Happy hashing! 🤝

#Bitcoin #BitcoinMining

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With the bear market in full swing miners are getting squeezed from all sides. In this episode of the Compass Podcast, Cassie Clifton & Craig Birchall from Galaxy Digital walk us through the risks of hodling through a bull market, lending rates and availability drying up, and if they see more capitulation on the horizon.

Cassie Clifton https://twitter.com/bitcoincass

Craig Birchall https://twitter.com/_CraigBirchall

Will Foxley: https://twitter.com/wsfoxley

🎥 TIMESTAMPS:

Intro 00:26

Market commentary 01:03

Future of ASIC backed loans 10:48

Operational loans drying up 15:33

Interest rates 19:40

Macro forces 22:49

Miner selling BTC 24:47

Treasury management risks 28:49

More capitulation 33:58

Shutting off machines 35:39

Future of public miners 39:43

Hashrate predictions 41:41

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

Happy hashing! 🤝

#Bitcoin #BitcoinMining

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

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

Happy hashing! 🤝

#Bitcoin #BitcoinMining

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In a market downturn Bitcoin miners look to hedge their risk exposure with financial derivatives. In this episode of the Compass Podcast, Joshua Lim from Genesis Trading walks through the ways miners are positioning themselves financially to get through this bear market.

Joshua Lim: https://twitter.com/joshua_j_lim

Will Foxley: https://twitter.com/wsfoxley

🎥 TIMESTAMPS:

Start 00:00

Intro 00:32

What does Genesis do? 00:48

Short term prediction 02:57

Fed & macro 08:13

USD inflows 10:19

Genesis financial products 14:26

PoW vs PoS financial products 20:48

Miner hedging 26:10

Miner volume 28:59

Miner selling BTC 30:59

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

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

Happy hashing! 🤝

#Bitcoin #BitcoinMining

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