THE MINING POD: Bitcoin Mining | Get Poor Slow? With Steve Barbour

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CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 9 April 2024

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

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Summary

Should you get into Bitcoin mining? Is the AI infrastructure play real? We sit down with Steve Barbour, an off-grid Bitcoin mining pioneer. Follow along on your favorite podcast player of choice by clicking here. Steve Barbour, owner of Bitcoin mining and oil and gas services company Upstream Data, joins the show to discuss who should get into Bitcoin mining, what problems Bitcoin mining solves and what he expects going into another Bitcoin bull market. Chapters: 00:00:00 Start 00:02:30 Introducing Steve Barbour 00:04:12 Bitcoin mining & energy 00:07:33 Upstream Data's origins 00:14:13 Upstream Data's naming 00:19:35 Canadian oil vs. Bitcoin 00:24:35 Upstream Data's services 00:32:54 Colorado oil & Bitcoin 00:36:11 Bitcoin vs oil cycles 00:41:45 Bitcoin & AI 00:45:00 Water vs. air cooling 00:49:05 Advice for new miners 00:53:59 Mining contract tips 00:57:19 When to start mining 01:01:31 Steve on Bitcoin ordinals Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 👉 Check out our other shows and content by going to Blockspace.media today. 👉 Join our Bitcoin Halving party in Denver, Colorado on April 20th! 👉 Watch our newest documentary, The Big Empty! Follow our host on Twitter, @wsfoxley. - Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining! - "The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:43.9	Wondery, UK. That's audible.com slash Wondery UK.
0:49.7	Hey, welcome back to the mining pod. On today's show, we're drawn by Steve Barber of
0:53.0	upstream data to discuss, well, Bitcoin mining, among other things. We get through Upstream Data's product line.
0:59.5	Also talk a lot about how he sees the new cycle coming forth into 2024. And then I asked him
1:06.4	a little bit about Bitcoin mining LARPS and what he thinks about AI and things like that.
1:09.8	So one of my favorite conversations we've recorded this year so far.
1:13.0	I've said that about a few shows, but this was a really fun time with Steve.
1:15.9	So thank you to Upstream Data for making the show possible.
1:19.7	Before we go to the show itself, also like to thank Clean Spark, American's Bitcoin
1:23.0	Miner, Informant, Master Your Mining for being lead sponsors for the show. You'll hear more from both
1:28.1	these companies a little bit later in today's episode. Okay, two more things we get before we get
1:34.6	into the show itself. One, Bitcoin happening party. You've probably heard it a bit here on the show.
1:39.2	You've been listening consistently, but we're throwing a happening party here in Denver, Colorado
	...

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