Podcasts: Slow & Steady Wins The Coins With Hut 8 | Sue Ennis | The Mining Pod 🔗 1 year ago

Today we are joined by Sue Ennis, VP of Corp Development at Hut 8. We discuss Hut 8’s conservative growth strategy, building out alternative lines of revenue and hodling an 8,000+ Bitcoin stack.

Sue Ennis: https://twitter.com/bigsuey

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

SPONSOR

https://foundryacademy.com

Enhance your ASIC education with hands-on courses offered by Foundry. Led by industry-veteran instructors, Foundry’s Mining Technician academy programs cover a range of topics - from identifying issues and troubleshooting common hardware failures, to coursework exploring bitcoin’s global impact.

TIMESTAMPS:

00:00 Start

00:54 Intro

01:27 What is Hut 8?

02:47 2022 expansions

07:13 Diversified revenue

11:34 When to expand BTC operations?

13:05 Distressed asset acquisition

16:03 Expanding without selling BTC

19:25 Leveraging growth from BTC reserves

21:17 Cashflows vs reserves

25:26 Ontario news

28:21 New CFO

29:51 1-5 yr plan

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 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