Where does the game of chase end? For Bitcoin miners, maybe never.
Welcome back to The Mining Pod! Today we are joined by Chris Bendiksen of Coinshares to discuss investing in Bitcoin mining! What’s the value prop of miners? How should we think about their go-to-market strategy? What about the huge ASIC orders that get zeroed out so quickly overtime? For retail investors, Chris thinks its not a great purchase and certainly not when compared to Bitcoin. Check out the show for more thoughts!
Link to the article: https://blog.coinshares.com/no-end-in-sight-for-the-asic-arms-race-4ede8e346cbf
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Timestamps:
00:00 Start
01:29 Story reading
09:16 Story origins
11:04 Can miners get more efficient?
16:31 New efficiency methods
20:53 Access to new ASIC models as strategy
23:39 ATMs & PubCo balance sheets
29:09 New financing models
34:55 Bitcoin treasury
36:47 Wrap 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!
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"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.
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