Podcasts: Bitcoin Mining Breakdown From the Expert - Ben Gagnon - Chief Mining Officer BitFarms 🔗 2 years ago

An incredible conversation with Ben Gagnon, the chief mining officer at BitFarms. BitFarms is one of the largest publicly traded mining companies in the world. I brought Ben on to discuss all things Bitcoin Mining, including big mines vs. small mines, the HODL balance sheet strategy, buying Bitcoin vs Buying $BITF, and if he believes that Bitcoin miners will vertically integrate with energy companies. 

If you want to learn more about Bitcoin mining, do not miss this episode. Ben has an extensive background and experience with Bitcoin mining so his views on the space are incredibly valuable and insightful.

I hope you enjoy the episode and I will see you all on the other side!

Start 00:00
Intro 03:15
Intro 04:01
Is Bitfarms doing immersion? 06:23
99% renewable energy 07:57
Why choose hydropower? 09:14
Natural gas costs 12:32
Coal to natural gas conversion 15:13
Stranded energy 16:15
Natural gas well longevity 20:38
Big vs small mines 22:24
Equity valuations 26:16
Mining is leveraged Bitcoin   29:05
What are the best countries to mine in? 31:30
Regulating mining 34:44
Hodl or sell? 41:12
Loan terms 43:39
Hashrate prediction 49:50
ESG 51:42
15k BTC 55:13
Vertical integration 56:23
Monetizing energy 57:16
Energy companies mining 01:00:15

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Guest: Ben Gagnon
- Twitter: https://twitter.com/hashoveride

Host: Dennis Porter
- Twitter: https://twitter.com/dennis_porter_?s=21
- Articles: https://bitcoinmagazine.com/authors/dennis-porter
- Website: SingleIssueVoter.com

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SHOW SPONSOR:

Thanks to Compass, check them out at CompasMining.io

Thanks to OkCoin, check them out at Go.okcoin.com/Dennis

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As a side note, this podcast is not financial advice. Any opinions expressed by the Host and the Guest are strictly for educational and entertainment purposes only and should be viewed as such. This is the first of many episodes and we’re aware we have a lot of room to grow. Feedback is appreciated and we will do our best to evolve with our listeners. 

Thank you for your support!