THE MINING POD: Bitcoin Mining | Get Poor Slow? With Steve Barbour
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 9 April 2024
⏱️ 69 minutes
🧾️ Download transcript
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!
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Transcript
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| 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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