Bitcoin Mining Container: Get Poor Slow? With Steve Barbour
Steve Barbour of Upstream Data discusses his perspective on Bitcoin mining and its future. He argues that Bitcoin mining will continue to move towards the upstream part of the energy supply chain, with mining loads located near power generation sources, and shares his experience in the oil and gas industry and how it led him to Bitcoin mining. Barbour also touches upon the challenges of underloading engines in Bitcoin mining operations, the potential for small businesses to earn Bitcoin, and the differences between Bitcoin mining and AI computing. He emphasizes the importance of understanding the unique characteristics of Bitcoin mining and approaching it as a tool to solve a problem rather than a get-rich-quick scheme. The conversation covers various topics, including the challenges of serving different markets, the importance of shared risk in contracts, and the potential of a distributed power purchase agreement business model. The episode is sponsored by Clean Spark, Foreman, Bitcoin Happening Party, and The Big Empty documentary.
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