BTC036: Bitcoin Mining Update w/ Harry Sudock (Bitcoin Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Investing, Education, Business

4.6 • 3.6K Ratings

🗓️ 28 July 2021

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

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Summary

IN THIS EPISODE, YOU’LL LEARN: 01:14 - Harry's Background in Finance and Bitcoin 04:05 - Harry's thoughts on balance sheets becoming more important moving forward 10:51 - How mining businesses in the US and abroad are purchasing hardware 13:39 - Harry's thoughts on the great mining hardware migration out of China 36:06 - Does hash rate drive price or does price drive hash rate? 41:56 - Harry's thoughts on the ESG mining council 42:29 - Geothermal mining 50:53 - Harry's thoughts on regulator vulnerabilities and where the best locations to mine are 51:29 - Thoughts on the Blockstream mining note 58:26 - How to convince big stat grid operators to start mining Bitcoin 01:03:04 - When a new high in hash rate might occur *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Harry Sudock's Twitter handle Harry's book recommendation, The Grid Harry's company, Griid Check out our Investing Starter Packs about business and finance Browse through all our episodes (complete with transcripts) here SPONSORS Support our free podcast by supporting our sponsors: ⁠HardBlock⁠ ⁠Human Rights Foundation⁠ ⁠Plus500⁠ ⁠Netsuite⁠ ⁠Shopify⁠ ⁠Vanta⁠ Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. 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Transcript

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0:00.0	Hey everyone, welcome to this Wednesday's release of the show where we're talking about
0:06.9	Bitcoin.
0:07.9	And back by popular demand, we have Harry Sadaq who's here to talk to us about the current
0:11.9	events and thoughts surrounding the Bitcoin mining industry.
0:15.2	This was a fascinating conversation because Harry got into a lot of specifics about the
0:19.6	hardware migration coming out of China, the potential impacts moving forward, and then
0:24.2	we had a general conversation about the business of mining.
0:27.6	As many already know, Harry's a treasure trove of information on this topic, so without
0:31.9	further delay, here's my conversation with Mr. Harry Sadaq.
0:35.6	You're listening to Bitcoin Fundamentals by The Investors Podcast Network.
0:44.4	Now for your host, Preston Pish.
0:49.8	All right, so like I said in the introduction, I'm here with Harry Sadaq.
1:01.2	And I love having these conversations with you Harry.
1:03.5	I've been a big fan for quite a few years now, so welcome back to the show.
1:07.3	I appreciate it Preston.
1:08.3	Thanks for having me.
1:09.3	It's been a bit of a roller coaster and mining land for the last three, six, nine months
1:14.6	to say the least, to say the least.
1:17.6	Hey, I want to start off because we've never covered this.
1:20.1	The last time you were on with Marty, we didn't cover your background or your story,
1:24.3	so I'm just kind of curious what's your background, how you found Bitcoin and how you got into
1:29.6	it in the first place.
	...

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