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CoinDesk Podcast Network

THE MINING POD: Can Bitcoin Help Small-Town America?

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 30 April 2024

⏱️ 41 minutes

🧾️ Download transcript

Summary

Galaxy Digital’s Austin Storms and Briana Sturgis join the show to discuss the latest Bitcoin mining film, The Big Empty, and if Bitcoin can really help small-town America.

Follow along on your favorite podcast player of choice by clicking here.

In this week’s Mining Pod, we talk with the Galaxy Digital Bitcoin mining team about their Helios Bitcoin mine in Spur, Texas, population 900! We discuss the latest film, The Big Empty, how it was received by the community and what it means to have a Bitcoin miner join rural American towns like Spur.

Chapter Markers:

00:00:00 Start

00:02:01 Guest Intros

00:02:36 Helios Mine Scale

00:03:21 Guest Bios

00:07:59 Helios Facility Size

00:11:26 Immersion Mining Process

00:13:21 Living in Dickens County

00:20:13 Suspicion of New Companies

00:23:42 Bitcoin Adoption in Towns

00:27:15 Community Interactions

00:29:32 Money & State Separation

00:33:41 Communication Barriers

00:35:06 The Legendary Pool

00:38:50 Wrapping Up

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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 Bitcoin Season 2 and The Gwart Show.

👉 Watch our newest documentary, The Big Empty!

👉 Watch our livestream on Samourai Wallet!

Follow our host on Twitter, @wsfoxley.

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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!

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"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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0:49.7

Hey, welcome back to the mining pod. On today's show, we are joined by Austin Storms and

0:53.3

Brianna Sturgis of Galaxy Digital Holdings. To talk about our film, The Big Empty. We're revisiting how that film

0:59.2

was created in the first place, what this Helios facility looks like, how large it is, how they do

1:04.2

deployments. And then we talk about Bitcoin mining in small town USA, what it means for Bitcoin

1:09.4

miners to be good partners in rural communities

1:11.9

and how Bitcoin miners should talk to legislators, politicians, and other stakeholders

1:16.8

and communities to get their story across well. Thank you to Galaxy Digital for joining the

1:21.8

podcast. Before we get into the show, we want to thank Clean Spark, America's Bitcoin Miner

1:25.6

and Forman Mining, Master Your Mining, for being the lead sponsors for the Mining Pod. You'll hear a little more from both

1:32.2

these companies during the show. Thank you to both of them for making the mining pod possible.

1:37.5

Okay, few words from our sponsors, and then on to the conversation.

1:41.2

Hey, listeners, let's talk about revolutionizing your mining operation with Foreman.

...

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