THE MINING POD: Kevin O’Leary: 50% of AI Builds Will Fail

CoinDesk Podcast Network

CoinDesk

Business News, Tech News, Daily News, News

4.8 • 689 Ratings

🗓️ 9 December 2025

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Celebrity investor Kevin O’Leary joins the Mining Pod to discuss his bull thesis on AI, bitcoin, and Bitzero. Subscribe to the Blockspace newsletter for market-making news as it hits the wire! Welcome back to The Mining Pod! Today, Kevin O'Leary, investor and Shark Tank star, joins us to talk about the intersection of Bitcoin mining and AI infrastructure. Kevin breaks down why he invested in Bitzero and why the North American grid is all but tapped out. He also covers geopolitical AI chip strategies, the Genius Act and stablecoins, and why institutional capital will ignore altcoins while boosting BTC and ETH. Subscribe to the newsletter! https://newsletter.blockspacemedia.com **Notes:** * Sub $0.06/kWh power is key * 50% of NA data centers will fail * Global data center demand is 250GW * 1GW compute needs 1.4GW buildout * 1.4GW buildout costs up to $7B * Bit Zero has 1.5 EH/s in Norway Timestamps: 00:00 Start 02:51 What is Bitzero? 06:18 What sets Bitzero apart? 08:45 What are investors missing? 11:19 Expansion strategy & load mix 16:17 18 actual customers 20:15 AI bull market timeline 25:33 Classifying assets & portfolio allocations 👉CleanSpark, America's Bitcoin Miner! CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world. 👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation FBOX is the global leader in cooling system manufacturing, with the #1 shipment volume of bitcoin mining containers worldwide. Not only powering for the strongest hashrate, their technology also helps mining infrastructure transform into AI data centers. Backed by the largest production scale on earth, global deployment capability, and a full range of cooling solutions, they are shaping the future of compute. 👉 Luxor, Leaders In Bitcoin Mining and Compute Power! Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS. 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!

Transcript

Click on a timestamp to play from that location

0:00.0	Recently, what was intrigued me the most is to find companies that have power, sub six cents
0:06.3	a kilowatt hour power.
0:08.4	There's no question now that you're not building anything without your own power source.
0:13.1	So in North America, that's going to be stranded gas.
0:15.6	But in some of these Nordic countries like Finland, you will be able to tap into abundant nuclear power.
0:21.4	But it's complex because you need the permits as well.
0:23.6	So you can't build data centers or facilities that use that power without pizza joints and
0:29.1	restaurants and dry cleaners and schools.
0:31.5	I mean, you can't put it out as some people have found out the hard way.
0:35.1	There's been lots of mistakes made in assumptions about data centers because it's such a
0:39.3	neocid sector.
0:40.3	It's so early.
0:42.3	Even the assumptions about turbine use and longevity of turbines in recent months have been put under
0:48.3	scrutiny because the load that are going on some of these data centers is so heavy that
0:53.3	it shortens the life of turbines.
0:55.2	And there's all kinds of work having to be done in power management and keeping these places
1:00.5	up and running, whether it's cloud compute or whether it's AI or whatever.
1:04.4	You've got nothing without a power contract.
1:09.0	Kevin O'Leary just made his first ever investment into a Bitcoin mining company.
1:14.6	And it's one that you probably've never heard of because it just went public.
1:17.7	You're listening to The Mining Pod brought to you by Clean Spark.
1:20.1	And for today's show, we interview Kevin O'Leary, legendary investor and Bitcoin and Crypto
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.