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THE MINING POD: Is Mining Bitcoin Actually Good in Texas? With Tom Masiero

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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 January 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Tom Masiero of Standard Bitcoin joins the show to discuss mining bitcoin in the Southeast of the United States, Ordinals and why bitcoin mining might be destabilizing the Texas grid in the long term.

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

Texas is Bitcoin country, right? Over two gigawatts of energy is now mining bitcoin in Texas, but it might be bad for the long term stability of the Texas energy grid. Tom Masiero of Standard Bitcoin walks us through why, in addition to insights on mining bitcoin in the Tennessee Valley.

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 Tuesday and a news show on Friday! 

Check out our other shows and content by going to Blockspace.media today.

Follow our host on Twitter, @wsfoxley.

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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to Mining Pod. On today's show, we are joined by Tom Asira of Standard Bitcoin. We recorded this conversation down at Bitcoin Park at the National Mining and Energy Summit. It was a great time. Thank you to the Bitcoin Park team for making that possible. We'd also like to thank Clean Spark, America's Bitcoin Miner, for making this show possible on the CoinDisc podcast network. You'll hear later from CleanSpark in the episode.

0:21.4

In today's show with Tom, we talk about mining in the southeast, the United States,

0:24.6

including the Tennessee Valley and how energy and infrastructure works down there for mining Bitcoin.

0:30.0

We also get into some counterintuitive takes on mining Bitcoin in Texas,

0:33.6

which I found itself very thought-provoking.

0:37.0

Okay, let's jump right into the show.

0:51.1

Tom, welcome to the Mining Pod.

0:52.6

What's happening, Wills, but a long time coming.

0:55.0

It really has.

0:56.5

We shit down it was probably a while ago, but we had to wait for your ordnals moment to happen.

1:00.2

My ordidoles moment.

1:01.6

And then we could tease everybody on the show.

1:03.5

I think one of my favorite things is, like, people probably want to think he was an ordeal person ever, and then you really came out hard for them.

1:09.7

Yeah. normal person ever and then you really came out hard for them yeah i'm i'm an i'm an ordinal's agitator

1:12.2

more than anything i i i actually i just i i i'm like a big fan at but you know like my background

1:18.5

with uh with great american mining was like we were kind of like a trolley account we kind of

1:24.1

pushed hard against um you know some of the narratives around, you know, power

1:30.3

consumption and things like that.

1:33.0

And so I'm like a big fan of like memetic energy.

1:35.8

And so like when the ordinal thing, the ordinal things happened, I was like, oh, man, there's

1:40.0

something like, you can't really touch it, but I knew it was like a very powerful kind of like

1:44.1

memetic tool and especially for Bitcoin and especially I was excited because in the bear market

...

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