#608 Building a Vertically Integrated Bitcoin Mining Business

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 16 July 2021

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

Greg Beard is the co-founder and CEO of Stronghold Digital Mining, a vertically integrated cryptocurrency miner. He previously oversaw Apollo’s investment activities in the energy, metals and mining and agriculture sectors. In this conversation, we discuss bitcoin mining, environmental impact, coal waste energy production, vertical integration for miners, and Stronghold’s future plans. ======================= Did you know nearly 338 million dollars worth of NFTs were sent last year? And in 2021 that number is growing faster than ever. Looking to make your first NFT? Check out NEAR’s fast, scalable, low-cost, open-source platform. Learn why NEAR is the infrastructure for innovation at near.org ======================= With 10M+ users, Crypto.com is the easiest place to buy, and sell 100+ cryptocurrencies. The Crypto.com Visa Card gives you up to 8% back instantly, and 100% back on Spotify and Netflix. Also, Crypto.com lets you earn up to 8.5% p.a. on BTC, and 14% p.a. on stablecoins. Get $25 when you download the Crypto.com App with code "pomp". Download the App now: https://crypto.onelink.me/J9Lg/pomppodcast2021 ======================= Cosmos is building the Internet of Blockchains, marking a new era of interoperability, scalability, and usability. The free flow of assets and data between blockchains with bridges to Ethereum and Bitcoin will unleash the potential of DeFi, NFTs, and much more. Dive into Cosmos at cosmos.network/pomp

Transcript

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0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp
0:07.4	podcast, simply the best podcast out there. Now let's kick this thing off. Greg Beard is the co-founder and
0:13.7	CEO of Stronghold Digital Mining, a vertically integrated cryptocurrency miner. He previously oversaw
0:19.5	Apollo's investment activities in the energy,
0:21.6	metals, and mining and agriculture sectors. In this conversation, we discussed Bitcoin
0:26.5	mining, environmental impact, coal waste energy production, vertical integration for miners, and
0:31.8	strongholds future plans. I really enjoyed this conversation with Greg, and I hope you do
0:36.8	as well. Before we get into this episode, though, and I hope you do as well.
0:40.7	Before we get into this episode, though, I want to quickly talk about our sponsors.
0:42.7	First up is NEAR.
0:47.1	NEAR is an open source platform that accelerates the development of decentralized applications overcoming high fees and slow speeds with its fast, scalable, low cost, and climate-neutral blockchain protocol.
0:53.7	This is why NEAR was recently awarded the Climate Neutral product label from South Pole.
0:58.6	One transaction on NEAR consumes about 1,300 X less carbon than a similar transaction on other
1:03.7	chains.
1:04.7	Learn why NEAR is the infrastructure for innovation at NEAR.org.
1:10.5	Today. Neer.org. N-E-A-R-O-R-G today.
1:12.1	Neer.org. Go check it out.
1:14.6	Next up is Cosmos. They're building the internet of blockchains, marking a new era of interoperability,
1:20.0	scalability, and usability. The free flow of assets and data between blockchains with
1:24.7	bridges to Ethereum and Bitcoin will unleash the potential of
1:27.8	defy, NFTs, and much more. You can dive into Cosmos at cosmos.network slash pomp.
1:33.8	Again, cosmos.network slash pomp.
	...

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