THE MINING POD: EU Miners | Adapt or Relocate?

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4.7 • 698 Ratings

🗓️ 6 June 2024

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bitcoin miners in Europe face challenges due to new MICA regulations, which emphasize the significance of data sharing and have implications for the future of Bitcoin mining in the region. Follow along on your favorite podcast player of choice by clicking here. Will Foxley interviews Frederik Vyncke and Sven Hildebrandt from the European Bitcoin Energy Association (EBEA) to discuss the challenges Bitcoin miners face in Europe due to new MICA regulations. They explore the impact of these regulations, the importance of data sharing, and the future of Bitcoin mining in Europe. Chapter Markers: 00:00 Start 03:32 Frederik Vyncke background 04:31 Sven Hildebrandt background 06:13 European Bitcoin Energy Association 11:13 Perception of mining in EU now? 17:34 MICA regulation & mining 20:12 Data required by MICA 21:28 What if no data? 22:09 Service providers on the hook not miners 23:01 This seems stupid... 24:30 Energy mix data 29:08 Complying with regulations as a miner 32:20 Where is hashrate in the EU? 35:39 South East EU mining 37:36 AI power demand 42:48 Regulatory wishlist 45:21 Public data vs proprietary data 46:04 Convincing miners to comply 49:48 Wrapping up 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. - 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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0:40.8	Start your free 30-day trial at audible.com slash Wondery UK.
0:45.6	That's audible.com slash Wondery UK.
0:49.4	Hey, welcome back to the mining pod.
0:51.4	On today's show, we're joined by the EBEA or the European Bitcoin Energy Association to talk about mining Bitcoin in Europe.
0:59.9	Mostly we're talking about the new MECA regulations that passed over the last two years and are gradually being rolled out across the continent of Europe and how they affect Bitcoin miners within Europe and also Bitcoin miners outside of
1:12.1	Europe. So a lot of people don't think about this, but the regulations in different countries
1:16.6	and continents do affect where your operation is at. So that's why we brought in the EBEA.
1:22.5	Thank you to them for joining. This is a fascinating conversation about how climate change and politicization of energy grids can lead to detrimental effects for Bitcoin mining operations and even for other large compute like AI.
1:36.0	So we dig into all that and more with Frederick and Sven from the EBEA.
1:40.3	More of that in a moment.
1:42.0	Before we get to the show, we want to thank Clean Spark, America's Bitcoin Miner,
1:45.4	and Foreman Mining, Master Your Mining for being the lead sponsors of the Mining Pod.
1:50.0	We'll hear more from both these sponsors in just a little bit.
	...

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