#457: How a Miner Survives a Bitcoin Bear Market with Drew Armstrong & AJ Scalia
TFTC: A Bitcoin Podcast · Marty Bent
October 26, 20231h 37m
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Show Notes
<p>Marty sits down with Drew and AJ from Cathedra to discuss how things have been going in the mining industry.</p>
<p>Cathedra: https://cathedra.com/</p>
<p>0:00 - Intro<br />
5:04 - New York<br />
11:23 - Current doomer status<br />
14:36 - Lessons learned since last bull run<br />
26:24 - Decisions made in 2022<br />
34:20 - Underclocking and maintaining mining efficiency<br />
39:16 - Evaluing mining businesses by hashprice<br />
43:31 - Educating energy providers<br />
48:25 - Cathedra firmware<br />
52:07 - Shifting the bottleneck away from ASICs<br />
58:20 - AI<br />
1:06:46 - Geographic dispersion of hash<br />
1:12:59 - Rising rates and ETFs<br />
1:25:20 - Halvening prediction<br />
1:35:05 - Wrapping up</p>
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