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KeywordsBitcoin, mining, Foundry, cryptocurrency, hash rate, institutional investment, blockchain, innovation, security, market trendsSummaryIn this conversation, Mike shares his journey into Bitcoin mining, discussing the inception and growth of Foundry, the challenges faced in the industry, and the innovations that are shaping the future of Bitcoin mining. He emphasizes the importance of transparency, institutional support, and the evolving landscape of cryptocurrency, highlighting the potential for significant opportunities in the coming years.TakeawaysMike's journey into Bitcoin began in 2017 after discovering an article about it.He spent a month intensely researching Bitcoin, leading to a career shift into mining.Foundry was created to support institutional miners and break the Chinese monopoly in mining.The connection between hash rate and Bitcoin's value is crucial for network security.Foundry was the first to lend money to miners, helping them grow their businesses.Transparency and trust are key components of Foundry's mining pool.The Bitcoin mining industry is evolving with new technologies and innovations.Mike believes Bitcoin mining should be integrated into the electrical grid for stability.The political landscape is shifting, creating new opportunities for the Bitcoin industry.Mike is optimistic about the future of Bitcoin mining and the potential for growth. Chapters00:00 Introduction to Bitcoin Mining and Foundry05:03 Mike's Journey into Bitcoin and Mining10:00 Foundry's Role in Bitcoin Mining14:47 Challenges and Innovations in Bitcoin Mining19:59 The Future of Bitcoin Mining and Industry Opportunities——Bitcoin Park is a community supported campus in Nashville, TN focused on grassroots bitcoin adoption and a home for bitcoiners to work, learn, collaborate, and build.Please like and subscribe on your favorite podcasting app to stay up to date.To learn more, please visit and join: https://bitcoinpark.com and/or join our Discord where we are most active: https://bitcoinpark.com/discord Bitcoin Park on Twitter: https://twitter.com/bitcoinpark_Bitcoin Park on nostr: https://bitcoinpark.com/nostrOdell: https://primal.net/odellRod @bitkite: https://primal.net/rodHarry Sudock: https://primal.net/p/npub10cxz2h7n6rumfpuf49zt4uvm7skzqk5u25vesp0tzdtnkvsnwjyqaffcj3Robert Warren, @BikesandBitcoinBitcoin Park Telegram: https://bitcoinpark.com/telegram
KeywordsBitcoin, mining, investment, energy infrastructure, strategic reserves, economic growth, blockchain, technology, personal finance, state adoptionSummaryIn this conversation, Grant Gillum and Hafez Aguri discuss the evolving landscape of Bitcoin investment and mining. They explore the challenges and opportunities within the mining industry, the importance of energy infrastructure, and the growing recognition of Bitcoin at the state level. The discussion highlights the transformative potential of Bitcoin for personal finance and economic growth, as well as the strategic value of mining for states looking to leverage energy resources. They also touch on investment strategies and the role of technology companies in the Bitcoin ecosystem.TakeawaysBitcoin mining is a rapidly evolving industry with significant potential.The profitability of mining can fluctuate based on market conditions.States are beginning to recognize the strategic value of Bitcoin.Energy infrastructure plays a crucial role in the success of mining operations.Bitcoin is seen as a revolutionary savings technology.The competition among states for mining operations is beneficial for the industry.Understanding scarcity in Bitcoin and block space is essential for long-term strategy.Investment in Bitcoin mining can be a levered play on Bitcoin's growth.The US remains a favorable environment for Bitcoin mining due to energy access.Grassroots adoption of Bitcoin is crucial for its long-term success.Chapters00:00 Introduction to Bitcoin Mining and Investment05:10 The Evolution of Bitcoin Mining09:56 State-Level Adoption and Strategic Reserves15:02 The Role of Energy in Bitcoin Mining20:12 Investment Strategies in Bitcoin Mining——Bitcoin Park is a community supported campus in Nashville, TN focused on grassroots bitcoin adoption and a home for bitcoiners to work, learn, collaborate, and build.Please like and subscribe on your favorite podcasting app to stay up to date.To learn more, please visit and join: https://bitcoinpark.com and/or join our Discord where we are most active: https://bitcoinpark.com/discord Bitcoin Park on Twitter: https://twitter.com/bitcoinpark_Bitcoin Park on nostr: https://bitcoinpark.com/nostrOdell: https://primal.net/odellRod @bitkite: https://primal.net/rodHarry Sudock: https://primal.net/p/npub10cxz2h7n6rumfpuf49zt4uvm7skzqk5u25vesp0tzdtnkvsnwjyqaffcj3Bitcoin Park Telegram: https://bitcoinpark.com/telegram
You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 8,000 Bitcoiners: https://newsletter.blockspacemedia.com Want to mine Bitcoin? Check out the Blockspace Media store today! Welcome back to The Mining Pod! Today, Harry Sudock, SVP of CleanSpark, joins us to dive deep into the company's pure-play Bitcoin mining strategy. Harry breaks down their four-pillar approach: energy efficiency, Bitcoin focus, operational excellence, and capital stewardship. We explore Clean Spark's portfolio strategy versus mega-sites, market valuations, and the evolving landscape of Bitcoin mining stocks. Plus, Harry shares insights on institutional investment trends and the future of mining operations. Notes: Mining cost $36,250 vs $80-90k market price per BTC Operating 31 facilities with 39 EH/s total capacity Holds 10,000+ self-mined BTC on balance sheet Growth target from 39 to 50 EH/s underway Timestamps: 00:00 Start 03:15 Reflecting on the industry 10:29 Company valuation 17:41 Portfolio vs hyperscale model 21:09 Press release pumping 24:44 Industry analysts 32:59 Mining in the USA 36:54 Miner ETFs 41:43 Courting Wall Street 44:29 Premium in stack value 46:51 2025 & beyond 49:38 Transition to dividend model
KeywordsBitcoin, mining, Block, Proto Initiative, decentralization, ASIC, hardware, software, economic empowerment, collaborationSummaryIn this conversation, Max from Block discusses the Proto Initiative aimed at decentralizing Bitcoin mining. He highlights the challenges of the current mining hardware market, the importance of improving uptime for miners, and the collaboration with the 256 Foundation to foster open-source mining solutions. The discussion also covers innovations in mining hardware and software, exploring new applications for Bitcoin mining, and the future of ASIC development.TakeawaysMax is part of the Proto team at Block, focusing on decentralizing Bitcoin mining.The current mining hardware market is dominated by a few manufacturers, creating centralization issues.Block is developing its own mining chips and rigs to improve the mining ecosystem.Customer feedback is crucial in developing mining hardware and software solutions.Improving uptime and total cost of ownership is a priority for Block's mining initiatives.Collaboration with the 256 Foundation aims to dismantle proprietary mining practices.New applications for Bitcoin mining include heat reuse and stranded energy capture.The mining development kit (MDK) is designed to help developers experiment with mining hardware.Building ASIC chips requires significant capital investment and expertise.The future of Bitcoin mining is promising with innovations and collaborations in the industry.Chapters00:00 Introduction to Proto and Block's Mission03:08 Decentralizing Bitcoin Mining: Challenges and Opportunities06:12 Innovations in Mining Hardware and Software08:56 Collaboration with the 256 Foundation12:03 Exploring New Applications for Bitcoin Mining14:54 Building a Sustainable Mining Ecosystem17:52 The Future of Bitcoin Mining and ASIC Development——Bitcoin Park is a community supported campus in Nashville, TN focused on grassroots bitcoin adoption and a home for bitcoiners to work, learn, collaborate, and build.Please like and subscribe on your favorite podcasting app to stay up to date.To learn more, please visit and join: https://bitcoinpark.com and/or join our Discord where we are most active: https://bitcoinpark.com/discord Bitcoin Park on Twitter: https://twitter.com/bitcoinpark_Bitcoin Park on nostr: https://bitcoinpark.com/nostrOdell: https://primal.net/odellRod @bitkite: https://primal.net/rodHarry Sudock: https://primal.net/p/npub10cxz2h7n6rumfpuf49zt4uvm7skzqk5u25vesp0tzdtnkvsnwjyqaffcj3Robert Warren, @BikesandBitcoinBitcoin Park Telegram: https://bitcoinpark.com/telegram
Keywords:off-grid mining, Bitcoin, community impact, remote operations, mining challenges, innovative solutions, bush mining, energy efficiency, cryptocurrency, sustainable miningSummaryThis conversation explores the intricacies of off-grid or bush mining, focusing on the unique challenges and experiences faced by miners in remote locations.The speakers share their personal journeys into the world of Bitcoin mining, emphasizing the importance of community engagement, innovative solutions, and the impact of mining on local economies.They discuss the technical and logistical hurdles of operating in isolated areas, the necessity of building trust with local communities, and the creative adaptations required to succeed in such environments.The conversation is punctuated with anecdotes that highlight both the difficulties and the resilience of those involved in bush mining, ultimately painting a picture of a growing and evolving industry.Takeaways: Off-grid mining requires creativity and effort. Community engagement is crucial for successful mining operations. Bitcoin mining can directly impact local economies positively. Remote mining operations face unique logistical challenges. Building trust with local communities enhances project success. Innovative solutions are necessary for harsh environments. Tele-mining is a new concept for remote operations. The balance of risk and reward is essential in partnerships. Stories from the field illustrate the resilience of miners. The future of bush mining looks promising with ongoing innovations.Chapters:00:00 Introduction to Off-Grid Mining02:51 Experiences in Bush Mining06:11 Challenges of Remote Mining Operations09:00 Community Engagement and Impact14:58 Innovative Solutions and Adaptations19:13 Stories from the Field24:00 Future of Bush Mining——Bitcoin Park is a community supported campus in Nashville, TN focused on grassroots bitcoin adoption and a home for bitcoiners to work, learn, collaborate, and build.Please like and subscribe on your favorite podcasting app to stay up to date.To learn more, please visit and join: https://bitcoinpark.com and/or join our Discord where we are most active: https://bitcoinpark.com/discord Bitcoin Park on Twitter: https://twitter.com/bitcoinpark_Bitcoin Park on nostr: https://bitcoinpark.com/nostrOdell: https://primal.net/odellRod @bitkite: https://primal.net/rodHarry Sudock: https://primal.net/p/npub10cxz2h7n6rumfpuf49zt4uvm7skzqk5u25vesp0tzdtnkvsnwjyqaffcj3Robert Warren, @BikesandBitcoinBitcoin Park Telegram: https://bitcoinpark.com/telegram
That's a wrap! What Bitcoin Did is over, and what better way to close out the podcast than an episode with three of our favourite Bitcoiners, Jack Mallers, Matt Odell and Harry Sudock. In this one we did a little bit of reminiscing, discussed Bitcoin as hope, how the space is evolving and why we decided to end the podcast. – Show notes: https://www.whatbitcoindid.com/podcast/what-bitcoin-did This episode's sponsors: IREN - Bitcoin Mining. Done Sustainably. Swan Bitcoin - Invest in Bitcoin with Swan Ledger - State of the art Bitcoin hardware wallet Bitcasino - The Future of Gaming is here Casa - Take control of your digital wealth CheatCode - Sydney, Australia Oct 25–26 XAPO Bank - The only way to bank your Bitcoin Ledn - Save. Borrow. Trade.
“We are promethean, we are taking the thermodynamic future of our planet and charging batteries that are full of the hardest money on earth and saving it in perpetuity…we have discovered fire, the world will never be the same again, we have a new tool that is going to re-shape the societies around us and the universe within our own minds…value can be delivered to the world in excess of the cost that it takes to deliver that value.”— Harry SudockThat's a wrap! What Bitcoin Did is over, and what better way to close out the podcast than an episode with three of our favourite Bitcoiners, Jack Mallers, Matt Odell and Harry Sudock. In this one we did a little bit of reminiscing, discussed Bitcoin as hope, how the space is evolving and why we decided to end the podcast.- - - -This episode's sponsors:IREN - Bitcoin Mining. Done Sustainably Swan Bitcoin - Invest in Bitcoin with Swan Bitcasino - The Future of Gaming is here Ledger- State of the art Bitcoin hardware wallet Casa - Take control of your digital wealth CheatCode - Sydney, Australia Oct 25–26Ledn - Save. Borrow. Trade.Xapo Bank - The only way to bank your Bitcoin-----WBD859 - Show Notes----- If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following: Become a Patron and get access to shows early or help contribute Make a tip: Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S QR Codes: Bitcoin If you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer| TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and family Subscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium|YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
“There's a fundamental optimism to bitcoiners…we have a belief that the future can be better than the past, and we're willing to do whatever it takes to realise that better future on the back of a better asset.”— Harry SudockHarry Sudock is the Chief Strategy Officer at Griid. In this interview, we discuss Bitcoin mining in the US, how the mining industry has been on easy mode, what changed after the recent halving and businesses now have to adapt and level up to survive.- - - -This episode's sponsors:IREN - Bitcoin Mining. Done Sustainably Swan Bitcoin - Invest in Bitcoin with Swan Bitcasino - The Future of Gaming is here Ledger- State of the art Bitcoin hardware wallet Casa - Take control of your digital wealth CheatCode - Sydney, Australia Oct 25–26Ledn - Save. Borrow. Trade.Xapo Bank - The only way to bank your Bitcoin-----WBD855 - Show Notes----- If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following: Become a Patron and get access to shows early or help contribute Make a tip: Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S QR Codes: Bitcoin If you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer| TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and family Subscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium|YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Harry Sudock is the Chief Strategy Officer at Griid. In this interview, we discuss Bitcoin mining in the US, how the mining industry has been on easy mode, what changed after the recent halving and businesses now have to adapt and level up to survive. – Show notes: https://www.whatbitcoindid.com/podcast/bitcoin-level-2 This episode's sponsors: IREN - Bitcoin Mining. Done Sustainably. Swan Bitcoin - Invest in Bitcoin with Swan Ledger - State of the art Bitcoin hardware wallet Bitcasino - The Future of Gaming is here Casa - Take control of your digital wealth CheatCode - Sydney, Australia Oct 25–26
In this special episode of Galaxy Brains, recorded at Bitcoin 2024 in Nashville, Alex Thorn chats with Harry Sudock, Chief Strategy Officer at GRIID (griid.com). Highlighting the historical and cultural significance of hosting the Bitcoin conference in Nashville, Harry discusses the impact of Bitcoin's growing public presence and its acceptance into mainstream discourse. Harry also shares his insights on the evolving landscape of Bitcoin mining and its symbiotic relationship with global energy grids. Alex and Harry delve into the significant role Bitcoin miners play in enhancing grid stability and the promising integration of Bitcoin mining with renewable energy sources. This episode was recorded on Wednesday, July 25, 2024. ++ Follow us on Twitter, @glxyresearch, and read our research at www.galaxy.com/research/ to learn more! This podcast, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational purposes. View the full disclaimer at www.galaxy.com/disclaimer-galaxy-brains-podcast/
Sam sits down with Harry Sudock, CSO of GRIID Infrastructure and a Partner at Bitcoin Park to discuss why Bitcoin's energy use is absolutely essential, whether Bitcoin miners are net sellers or buyers today, and how Bitcoin mining as a technology is primed to revolutionize the energy industry globally.Connect with Sam: https://twitter.com/samcallahConnect with Harry: https://x.com/harry_sudockTimestamps:00:00:00 "Marathon Digital Holdings"00:00:44 "Cloaked Wireless"00:01:12 Introducing Harry Sudock00:01:45 Building the Bitcoin Community in Nashville, at "Bitcoin Park"00:06:32 Harry's Bitcoin Journey from Keynesian Economics to Bitcoin00:10:24 Traditional Finance Technological Shortcomings00:14:40 Harry's Decision to Join "Griid Infrastructure"00:22:30 - "Griid Infrastructure" Going Public00:25:50 Incorporating Bitcoin Mining into the Electrical Grid00:32:40 Data-Centers, A.i., and Competing for Energy00:36:28 Bitcoin's Proof-of-Work vs. Proof-of-Stake00:39:12 Bitcoin's Energy Use and Settlement Assurances00:46:50 Impact of the Bitcoin Halving on the Mining Industry00:50:20 How to Connect with Harry Sudock00:51:43 "Pacific Bitcoin Festival"00:52:22 Swan $10k, No Fees!Connect with Swan Bitcoin: YouTube: https://youtube.com/@Swan_Bitcoin Twitter (X): https://twitter.com/Swan Instagram: https://instagram.com/SwanBitcoin Telegram: https://t.me/swanbitcoin LinkedIn: https://linkedin.com/company/swanbitcoinSwan Bitcoin does not provide any investment, financial, tax, legal or other professional advice. We recommend that you consult with financial and tax advisors to understand the risks and consequences of buying, selling and holding Bitcoin.► Connect with Swan Bitcoin: ✓ YouTube: https://youtube.com/@Swan_Bitcoin ✓ Twitter: https://twitter.com/Swan ✓ Instagram: https://instagram.com/SwanBitcoin ✓ Telegram: https://t.me/swanbitcoin ✓ LinkedIn: https://linkedin.com/company/swanbitcoin► Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Start your Bitcoin journey today, and your first $10 purchase is on us ✓ https://swanbitcoin.com/yt► Download the all-new Swan Bitcoin App ✓ https://www.swanbitcoin.com/app/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_description► Join us for Pacific Bitcoin Festival 2024! Purchase your tickets now before prices go up (Fully Refundable Until February) ✓ https://www.pacificbitcoin.com/collections/tickets► Secure your bright orange future with the Swan IRA today! Real Bitcoin, no taxes ✓ https://www.swanbitcoin.com/bitcoin-ira/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_description► For high-net-worth individuals and corporations seeking to build generational wealth with Bitcoin, Swan Private is your guide ✓ https://www.swanbitcoin.com/private/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_description► Want to learn more about Bitcoin? Check out Welcome To Bitcoin a FREE Introductory course. Learn about Bitcoin in under 1 hour! ✓ https://welcome.swanbitcoin.com/► Get paid to recruit new Bitcoiners by joining Swan Force ✓ https://www.swanbitcoin.com/enlist/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_descriptionWARNING: Beware of scammers who use Swan's image and name in the comment section. We will never ask you to contact us through YouTube. If you have any questions and want to reach us directly, follow our Twitter account @Swan and send us a message.
In this episode of Cafe Bitcoin, the spotlight shines on former President Donald Trump's recent meeting with key players in the Bitcoin mining industry. Join the hosts as they dissect Trump's statements and explore the potential implications for the future of Bitcoin in the political landscape.Timestamps:00:00:02 - Bitcoin in the Political Spotlight00:13:00 - Inflation and CPI Analysis00:23:44 - Trump's Pro-Bitcoin Statements00:25:43 - Overton Window Shift: Trump's Influence00:33:35 - Effectiveness of Political Support for Bitcoin00:36:04 - Trump's Shifting Views on Bitcoin00:39:10 - Hypothetical Scenario: Trump's Bitcoin Vision00:41:44 - Impact of Political Statements on Bitcoin Adoption00:43:27 - Dollar Hegemony vs. Bitcoin: National Security00:46:04 - Creating a Future with Bitcoin and National Power Use code “CAFE” for a discount to https://www.pacificbitcoin.com "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome Swan Team Members:Sam Callahan: https://twitter.com/samcallahTomer Strolight: https://twitter.com/TomerStrolightJohn Haar Twitter: https://twitter.com/john_at_swanDante Cook: https://twitter.com/Dante_Cook1Produced by: https://twitter.com/Producer_Jacob Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Get started in just 5 minutes. Your first $10 purchase is on us: https://swanbitcoin.com/yt Download the all new Swan app! iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Are you a high net worth individual or do you represent corporation that might be interested in learning more about Bitcoin? Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Get paid to recruit new Bitcoiners: https://swan.com/enlist Connect with Swan on social media: Twitter: https://twitter.com/Swan
Harry Sudock is the Chief Strategy Officer at Griid, Will Roberts is the Co-CEO at IREN, Erik Hersman is the CEO of Gridless, Thomas Pacchia is a Board Member of Stronghold, & Dennis Porter is the CEO of Satoshi Action Fund. In this interview, they discuss bitcoin mining sustainability, accessing stranded energy and the halving. – Show notes: https://www.whatbitcoindid.com/podcast/bitcoin-mining-a-paradigm-shift-in-energy This episode's sponsors: IREN - Bitcoin Mining. Done Sustainably. Swan Bitcoin - Invest in Bitcoin with Swan Ledger - State of the art Bitcoin hardware wallet Bitcasino - The Future of Gaming is here Casa - Take control of your digital wealth Consensus - Use code WBD20 to get 20% off your pass
“We have a horrifying shortage of demand for energy, not a shortage of supply whatsoever; we need to have more productive uses for those electrons in a flexible way so that all those revenues can flow back and continue to be reinvested in the broader economy or in the electric system itself.”— Harry SudockHarry Sudock is the Chief Strategy Officer at Griid, Will Roberts is the Co-CEO at IREN, Erik Hersman is the CEO of Gridless, Thomas Pacchia is a Board Member of Stronghold, & Dennis Porter is the CEO of Satoshi Action Fund. In this interview, they discuss bitcoin mining sustainability, accessing stranded energy and the halving.- - - - This episode's sponsors:IREN - Bitcoin Mining. Done Sustainably Swan Bitcoin - Invest in Bitcoin with SwanBitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletCasa - Take control of your digital wealthConsensus - Use code WBD20 to get 20% off your pass-----WBD808 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
"Bitcoin is those last five puzzle pieces we're waiting for to achieve incredible quality of life." - Harry SudockMy guest today is Harry Sudock. Harry is the Chief Strategy Officer at Griid, a purpose-built American-based infrastructure company operating bitcoin mining facilities since 2019 utilizing low-cost, low-carbon energy, and a partner at Bitcoin Park, a community supported campus in Nashville focused on grassroots freedom tech adoption and a home for bitcoiners to work, learn, collaborate, and build. In this episode we discusses Bitcoin mining's role in expanding renewable energy, reducing emissions, and empowering communities. Harry explains Bitcoin's proof-of-work mechanism, addresses common misconceptions, and highlights how Bitcoin mining incentivizes clean energy solutions through free market dynamics.Harry's book recommendation, Energy and Civilization: A History, by Vaclav Smil. https://www.amazon.com/Energy-Civilization-History-MIT-Press/dp/0262035774Follow Harry on X and nostr You can find Trey on nostr, X, and via the pod's social channelsEXCLUSIVE SPONSORS:ZEUS is an open-source, self-custodial Bitcoin wallet that gives you full control over how you make payments. Head to Zuesln.com to learn more and download. Save 5% on LSP fees by using code ‘TPB' in the access code under LSP settings.BitBox: Get the open-source Bitbox02 Bitcoin only edition. It's my favorite bitcoin hardware wallet for you to take self-custody of your bitcoin and keep your private keys safe in cold storage. Use promo-code TPB during checkout at https://bitbox.swiss/tpb to get 5% off your purchase.You, our listener! Thank you to our supporters. To support The Progressive Bitcoiner and access rewards, including our new TPB merch, head to our geyser page: https://geyser.fund/project/tpbpodPROMO CODES:Sazmining: Hosted Bitcoin mining made easy, using 100% cheap and renewable energy. Get $50 off the purchase of a miner using the following link: https://app.sazmining.com/purchase?ref=byyhN2mCGXluLightning Store: Head to https://lightning.store/ and use promo-code ‘TPB' to get 20% off all products.To learn more, visit our websiteFollow the pod on X | Nostr | Bluesky | Instagram | Threads | Facebook | LinkedIn | TikTokJoin in on the conversation at our Progressive Bitcoiner Community telegram group!The Team: Producer/Editor: @DamienSomerset | Branding/Art: @Daniel | Website: @EvanPrim Get full access to TPB Weekly Digest at progressivebitcoiner.substack.com/subscribe
In this interview, American HODL, Preston Pysh, Harry Sudock and Jeff Booth join us from the recent CheatCode conference. We discuss why bitcoin matters, the paradigm shift in money and the transition to a new system. – Show notes: https://www.whatbitcoindid.com/podcast/a-paradigm-shift-in-money This episode's sponsors: IREN - Bitcoin Mining. Done Sustainably. Swan Bitcoin - Invest in Bitcoin with Swan Ledger - State of the art Bitcoin hardware wallet Bitcasino - The Future of Gaming is here Casa - Take control of your digital wealth
“I'm not going back to that system ever, I'm going to fight and use my time and energy to move this across the world…and as you start to understand that, more and more people join us and the world moves from our intention to what it should be.”— Jeff BoothIn this interview, American HODL, Preston Pysh, Harry Sudock and Jeff Booth join us from the recent CheatCode conference. We discuss why bitcoin matters, the paradigm shift in money and the transition to a new system.- - - - This episode's sponsors:IREN - Bitcoin Mining. Done Sustainably Swan Bitcoin - Invest in Bitcoin with SwanBitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletCasa - Take control of your digital wealth-----WBD801 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
I'm joined by guests Alex B, Harry Sudock, Future Paul, and Craig Raw to go through the list. Timecodes coming soon... Links & Contacts Website: https://bitcoin.review/Podcast Twitter: https://twitter.com/bitcoinreviewhq NVK Twitter: https://twitter.com/nvk Telegram: https://t.me/BitcoinReviewPod Email: producer@coinkite.com Nostr & LN:⚡nvk@nvk.org (not an email!) Full show notes: https://bitcoin.review/podcast/episode-64
Marty sits down with Harry Sudock to discuss Griid's Nasdaq listing, Harry joining Ten31 as an advisor, and talk about the mining industry as a whole. Harry on Twitter: https://twitter.com/harry_sudock Griid: https://griid.com/ 0:00 - Intro7:26 - Big week for Griid11:21 - State of the mining industry15:46 - Industrial adoption19:43 - Demand response23:46 - Energy FUD from the parasitic class31:44 - Future of mining36:06 - Technical innovation37:27 - ASIC manufacturers45:02 - Halvening51:59 - Political influence and pencil making58:27 - ETF and stocks1:02:54 - Ten31 advisor1:08:56 - Wrapping up Shoutout to our sponsors: River Unchained Zaprite Bitcoin Talent Co Sote TFTC Merch is Available: Shop Now Join the TFTC Movement: Main YT Channel Clips YT Channel Website Twitter Instagram Follow Marty Bent: Twitter Newsletter Podcast
“All of our quality of life is better when resources are better utilised, and Bitcoin is going to bring that to energy markets in a dynamic and urgent way with very, very little gatekeeping.”— Harry SudockHarry Sudock is the Chief Strategy Officer at Griid. In this interview, we discuss the importance of Bitcoin third places, censorship, ETFs & adoption, bitcoin mining and whether Bitcoin has just crossed the Chasm.- - - - This episode's sponsors:Iris Energy - Bitcoin Mining. Done Sustainably Bitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletSwan Bitcoin - Invest in Bitcoin with SwanBraiins - Bitcoin Mining Company-----WBD769 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Harry Sudock is the Chief Strategy Officer at Griid. In this interview, we discuss the importance of Bitcoin third places, censorship, ETFs & adoption, bitcoin mining and whether Bitcoin has just crossed the Chasm. - Show notes: https://www.whatbitcoindid.com/podcast/is-bitcoin-crossing-the-chasm-with-harry-sudock This episode's sponsors: Iris Energy - Bitcoin Mining. Done Sustainably SwanBitcoin - Invest in Bitcoin with Swan Ledger - State of the art Bitcoin hardware wallet Bitcasino - The Future of Gaming is here Braiins - Bitcoin Mining Company
Dive into the world of Bitcoin mining with expert Harry Sudock. This episode unpacks the complexities of on-chain fee management and the intricacies of over-the-counter transactions on the blockchain. Sudock provides unique insights into the operational strategies of miners, revealing the unseen mechanisms that support blockchain efficiency and stability. An enlightening discussion for anyone interested in the behind-the-scenes of Bitcoin. IN THIS EPISODE YOU'LL LEARN: The role of miners in managing high on-chain fees in the Bitcoin network. Strategies used by miners to handle fluctuations in transaction fees. How over-the-counter (OTC) transactions are integrated into the blockchain. Insights into the unseen economic aspects of blockchain transactions. The operational challenges faced by miners in the current Bitcoin ecosystem. The impact of on-chain fees on the overall efficiency of the blockchain. The relationship between miners and the broader financial aspects of Bitcoin. Expert views on the future trends and developments in Bitcoin mining. BOOKS AND RESOURCES Harry Sudock's Twitter. Bitcoin Park's Twitter. Griid's Website. Check out all the books mentioned and discussed in our podcast episodes here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Fidelity Wise NetSuite NDTCO Shopify TurboTax Babbel Fundrise Vacasa Learn more about your ad choices. Visit megaphone.fm/adchoices
““The trend that we've seen where there is the shuttering of functional nuclear power is one of the most significant crimes against humanity, and crimes against our future children, than any legislative decision that's happened anywhere in the world.”— Harry SudockMarty Bent is a Venture Partner at Ten31 and founder of the Bitcoin-focused media company TFTC.io, Harry Sudock is Chief Strategy Officer at Griid and Parker Lewis is a Bitcoin writer and educator and Head of Business Development at Zaprite. In this interview, we discussed bitcoin mining, regulations, ETFs and Bitcoin culture wars.- - - - This episode's sponsors:Iris Energy - Bitcoin Mining. Done Sustainably Bitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by defaultUnchained - Secure your bitcoin with confidenceBitcoin Atlantis - A Bitcoin conference in the AtlanticSwan Bitcoin - Invest in Bitcoin with Swan-----WBD766 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Marty Bent is a Venture Partner at Ten31 and founder of the Bitcoin-focused media company TFTC.io, Harry Sudock is Chief Strategy Officer at Griid and Parker Lewis is a Bitcoin writer and educator and Head of Business Development at Zaprite. In this interview, we discussed bitcoin mining, regulations, ETFs and Bitcoin culture wars. - Show notes: https://www.whatbitcoindid.com/podcast/live-in-nashville-bent-sudock-lewis This episode's sponsors: Iris Energy - Bitcoin Mining. Done Sustainably Bitcasino - The Future of Gaming is here Ledger - State of the art Bitcoin hardware wallet Wasabi Wallet - Privacy by default Unchained - Secure your bitcoin with confidence Bitcoin Atlantis - A Bitcoin conference in the Atlantic SwanBitcoin - Invest in Bitcoin with Swan
I'm joined by guests Harry Sudock, Pablo, & Rijndael to go through the list. Housekeeping 00:05:20 EU official reseller 00:12:20 No Bullshit Bitcoin 00:12:39 SeedXOR 00:36:14 Quantumcats.xyz Vulnerability Disclosures 00:46:19 Trezor announces security breach 00:47:54 Disclosure of past vulnerability in Core Lightning 00:49:09 Scam Bitcoin Wallets Are Still Reigning Free on Apple's App Store 00:50:36 GitLab warns of critical zero-click account hijacking vulnerability 00:51:51 OP_CAT is the vulnerability Bitcoin Software Releases & Project Updates 1:06:47 Coldcard Edge Firmware 1:11:55 Sparrow 1:13:26 Electrum 1:13:53 Robosats 1:14:51 BlueWallet 1:15:18 Agora Desk 1:15:28 ESP-miner 1:18:55 Nunchuk Desktop 1:19:06 BitcoinTreasuries.net 1:22:52 Parmanode 1:23:01 Trezor Project Spotlight 1:23:30 GroupHug Server 1:23:40 Semaphore Nostr Software Releases & Project Updates 1:24:11 nsecBunker 1:27:35 nos.social 1:27:37 rust-nostr 1:27:40 nostr-wallet-connect 1:27:42 Mostro 1:27:44 nostream 1:28:13 Amethyst 1:28:20 Coracle Project Spotlight 1:29:39 Nostr NFC Art Cards 1:29:54 Flash 1:30:14 Nostr image host 1:30:29 Hermes 1:30:37 stargazr 1:30:43 Dmpling 1:30:49 Flockstr Privacy Software Software Releases & Project Updates 1:35:07 Unleashed.chat 1:36:05 SimpleX Chat Lightning & L2(+) Software Releases & Project Updates 1:36:36 Phoenix 1:37:03 rust-lightning 1:37:08 Mutiny Node 1:39:30 Alby 1:40:14 Wallet of Satoshi 1:40:19 Clams Remote 1:40:26 Fountain Android 1:40:30 Mercury Layer 1:43:16 Plasma Core Lightning Wallet 1:43:19 Bitcoin Connect 1:43:22 Blockstream Green 1:43:24 Swiss Bitcoin Pay 1:43:27 Mash 1:43:30 Stackernews 1:43:53 Peerswap Project Spotlight 1:44:03 Aqua Wallet 1:44:05 Fiatlink 1:44:06 OPAGO Lightning POS Terminal 1:44:10 Nutband 1:44:35 Autonode 1:44:48 BitcoinVoucherBot 1:44:55 Satsforads 1:44:58 Lightning Weather App 1:45:57 Marina Wallet Boosts 1:46:01 Shoutout to top boosters: @garykrause_, @apemithrandir, @qxotk, @vake, @wartime. Links & Contacts Website: https://bitcoin.review/Podcast Twitter: https://twitter.com/bitcoinreviewhq NVK Twitter: https://twitter.com/nvk Telegram: https://t.me/BitcoinReviewPod Email: producer@coinkite.com Nostr & LN:⚡nvk@nvk.org (not an email!) Full show notes: https://bitcoin.review/podcast/episode-59
This conversation was recorded at Bitcoin Park's December 2023 Open House, a monthly meetup event at Bitcoin Park in Nashville, TN featuring panel discussions on various Bitcoin-focused topics. December 2023's Open House topic: Bitcoin & Public Policy Recorded: December 13, 2023 with: Harry Sudock, Chief Strategy Officer - GRIID & Partner - Bitcoin Park Christian Keroles, Director of Financial Freedom - Human Rights Foundation Hailey Lennon, Partner - BrownRudnickLLP Gerald Glickman, Fraud and Identity Policy - MVB Bank Stephen Pollock, SVP Strategy and Operations at Bitcoin Policy Institute Get your Nashville Energy & Mining Summit 2024 ticket: https://bitcoinpark.com/mining “How FinCEN May Be Violating Your Rights” by Preston Pysh: https://egodeath.capital/blog/fincen-may-be-violating-your-rights-bitcoin Comment on the FinCEN proposal: https://www.federalregister.gov/documents/2023/10/23/2023-23449/proposal-of-special-measure-regarding-convertible-virtual-currency-mixing-as-a-class-of-transactions#open-comment Bitcoin Park is a community supported campus in Nashville, TN focused on grassroots bitcoin adoption and a home for bitcoiners to work, learn, collaborate, and build. Our aim is to produce and publish conversations from future events, so please like and subscribe on your favorite podcasting app to stay up to date. To learn more, please visit and join: https://bitcoinpark.com and/or join our Discord where we are most active: https://bitcoinpark.com/discord Bitcoin Park on Twitter: https://twitter.com/bitcoinpark_ Bitcoin Park on nostr: https://bitcoinpark.com/nostr Odell: https://primal.net/odell Rod @bitkite: https://primal.net/rod Harry Sudock: https://primal.net/p/npub10cxz2h7n6rumfpuf49zt4uvm7skzqk5u25vesp0tzdtnkvsnwjyqaffcj3 Bitcoin Park Telegram: https://bitcoinpark.com/telegram
*Watch the Human Rights Foundation's Global Bitcoin Summit highlight video here: https://www.youtube.com/watch?v=i5tqQgJAjcU* HRF's Bitcoin Development Fund: https://hrf.org/devfund Contact HRF's Bitcoin team: dev.fund@hrf.org Nostrville was a two-day summit at Bitcoin Park in Nashville, TN focused on the future of nostr, with an emphasis on the power of nostr + bitcoin. Nostr is a revolutionary new communication protocol that is censorship-resistant and open. Nostrville brought builders, innovators, and developers from the world of nostr together to explore the latest developments in this rapidly evolving space. Nostrville 2023: HRF - Global Bitcoin Summit Recorded: November 9, 2023 with: Harry Sudock, Partner - Bitcoin Park & CSO - GRIID ck, Director of Financial Freedom - Human Rights Foundation Bitcoin Park is a community supported campus in Nashville, TN focused on grassroots bitcoin adoption and a home for bitcoiners to work, learn, collaborate, and build. Our aim is to produce and publish conversations from future events, so please like and subscribe on your favorite podcasting app to stay up to date. To learn more, please visit and join: https://bitcoinpark.com and/or join our Discord where we are most active: https://bitcoinpark.com/discord Bitcoin Park on nostr: https://bitcoinpark.com/nostr Bitcoin Park on Twitter: https://twitter.com/bitcoinpark_ Matt Odell: https://primal.net/odell Rod @bitkite: https://primal.net/rod Harry Sudock: https://primal.net/p/npub10cxz2h7n6rumfpuf49zt4uvm7skzqk5u25vesp0tzdtnkvsnwjyqaffcj3 Bitcoin Park Telegram: https://bitcoinpark.com/telegram
In this Twitter Spaces discussion Chris Alaimo, Rod, Harry Sudock, and Nik Cant Mine, and other guests talk about all the happenings in Nashville and Bitcoin Park for the month of November and what is coming up. Enjoy this discussion! Remember to Like, Comment, and Share! Please Follow us on Twitter or Nostr Twitter: https://twitter.com/ChrisAlaimo6 https://twitter.com/bitkite https://twitter.com/harry_sudock https://twitter.com/nikcantmine Nostr ChrisAlaimo@b.tc Lower your time preference and lock-in your Bitcoin 2024 conference tickets today!!! Use promo code BMLIVE for 10% off your tickets! https://b.tc/conference/ Use promo code BMLIVE for 10% off everything in our store! https://store.bitcoinmagazine.com/ IMPORTANT DISCLAIMER "All views expressed by hosts, guests, and interviewees of "Bitcoin Magazine Live" are opinion only and do not reflect the views of Bitcoin Magazine, its ownership, management, any of their associated or affiliated entities, or their inhouse or third party service providers and platforms. This program is informational only, and its content does not contain or construe any offers to buy, sell, or hold any bitcoin, other cryptocurrency, or any securities or other financial instruments in the United States or any other jurisdiction in which such solicitation or offer would be unlawful. Nor does this show's programming constitute any kind of legal, tax, investment, financial, or other advice. Individuals who appear on "Bitcoin Magazine Live" are not deemed investment advisors and their performances in the past are not indicative of future results. Nor are staff or management of "Bitcoin Magazine Live," its publishers and affiliated companies in the business of providing advice, financial or otherwise. All investment carries risk and you should do your own due diligence before investing."
In this Twitter Spaces discussion Chris Alaimo, Rod, Harry Sudock, and Nik Cant Mine, and other guests talk about all the happenings in Nashville and Bitcoin Park for the month of October and what is coming up. Enjoy this discussion! Remember to Like, Comment, and Share! Please Follow us on Twitter or Nostr Twitter: https://twitter.com/ChrisAlaimo6 https://twitter.com/bitkite https://twitter.com/harry_sudock https://twitter.com/nikcantmine Nostr ChrisAlaimo@b.tc Lower your time preference and lock-in your Bitcoin 2024 conference tickets today!!! Use promo code BMLIVE for 10% off your tickets! https://b.tc/conference/ Use promo code BMLIVE for 10% off everything in our store! https://store.bitcoinmagazine.com/ IMPORTANT DISCLAIMER "All views expressed by hosts, guests, and interviewees of "Bitcoin Magazine Live" are opinion only and do not reflect the views of Bitcoin Magazine, its ownership, management, any of their associated or affiliated entities, or their inhouse or third party service providers and platforms. This program is informational only, and its content does not contain or construe any offers to buy, sell, or hold any bitcoin, other cryptocurrency, or any securities or other financial instruments in the United States or any other jurisdiction in which such solicitation or offer would be unlawful. Nor does this show's programming constitute any kind of legal, tax, investment, financial, or other advice. Individuals who appear on "Bitcoin Magazine Live" are not deemed investment advisors and their performances in the past are not indicative of future results. Nor are staff or management of "Bitcoin Magazine Live," its publishers and affiliated companies in the business of providing advice, financial or otherwise. All investment carries risk and you should do your own due diligence before investing."
Matt and Harry are founders of Bitcoin Park in Nashville, TN. We talked about what it takes to create a community and the different aspects of making it work.
I'm joined by guests Odell, Harry Sudock, & Marty Bent to go through the list. Vulnerability Disclosures: 00:02:22 Key listening attack 00:15:03 Libbitcoin Bitcoin Explorer Vulnerability CVE-2023-39910 Housekeeping: 00:25:21 COLDCARD Firmware Pull Requests Bitcoin: • Software Releases & Project Updates 00:26:24 Wasabi v2.0.4 00:31:54 BTC Pay Server 1.11.0 00:32:13 Samurai v0.99.98h 00:35:20 Keeper 00:49:07 Mempool.space 01:07:42 MyCitadel Desktop v1.4.0 01:09:01 HWI v2.3.0 01:09:32 Blockstream Green v4.0.11 01:09:50 Electrs v0.10.0 01:10:20 Libwally Core v0.9.1 01:11:17 Blockstream Satellite v2.4.6 01:17:04 StartOS v0.3.4.4 01:17:45 10101 01:21:19 Brainbow v0.1.149 01:33:15 River 01:34:59 Boltz 01:35:32 Agoradesk 01:35:57 Orange Pill App 01:37:38 The Bitcoin Company • Project Spotlight 01:39:23 bitaxeUltra 01:40:35 Timechain Calendar 01:41:17 NerdMiner_v2 01:42:50 FROSTSNAP 01:45:25 Libflorestra Lightning: • Software Releases & Project Updates 01:48:51 Mutiny Wallet 01:49:58 Zeus v0.7.7 01:50:08 Blink 01:50:22 Alby v3.0.0 01:50:34 Nodeless 01:50:44 Wallet of Satoshi v2.2.4 01:51:09 Nayuta Wallet v1.0.0 01:51:17 Breez SDK Core v0.1.4 01:51:25 Loop v0.26.0-beta 01:52:19 Cashu v0.13.0 – Ecash backups 01:52:34 Minibits v0.0.7-alpha 01:52:39 Lightning Terminal 01:52:45 RGB Core 01:52:49 taproot-assets 01:53:26 JoltzRewards 01:53:33 Thunderhub 01:53:38 Clams v1.8.0 01:53:48 Peach v0.2.12 01:53:52 Stacker News v1.2.1 • Project Spotlight 01:59:31 PkgZap 01:59:36 Orage Privacy Software: • Software Releases & Project Updates 02:00:15 Simplex Chat 02:00:59 fldigi fldigi Boosts: 01:23:25 Shoutout to top boosters:
On today's show: Delve into Ella's intriguing experiences, straddling a Paris internship and her fascination with Bitcoin. Explore the differences in French and American money habits and their impact on Bitcoin perception. Europe leads the way in Bitcoin acceptance, as Ella shares her interactions with European Bitcoiners.Ella joins Generation Bitcoin, inspiring and educating peers about Bitcoin. Learn about their projects, including the Bitcoin University Guide, sparking interest beyond math and computer science. Collaborating with the Bitcoin Student Clubs Network, they spread Bitcoin knowledge on campuses.The Gen Z Bitcoin mission gains momentum, aiming to become a nonprofit and ignite curiosity worldwide. Share your thoughts with Tali at Tali@orangehatter.com. Stay tuned for more exciting conversations with Ella on Orange Hatter!Ella is an undergraduate student (junior) at Cornell University. Studying Cognitive Science with minors in Information Science and Business. Hoping to pursue (and has proposed) a major focused on Bitcoin and energy. Author of "Sats Chats" and Bitcoin Magazine contributor. https://www.ellahough.io/https://www.ellahough.io/sats-chatsElla is also a Project Lead at Generation Bitcoinhttps://www.genbitcoin.org/https://www.genbitcoin.org/aboutWorking on a "Bitcoin University Guide" (expected availability - fall, 2023)Resources Ella Mentioned:A Progressive's Case for Bitcoin: A Path Toward a More Just, Equitable, and Peaceful World by Jason MaierThe Oslo Freedom Forum: https://oslofreedomforum.comEric Cason's podcast https://bitcoinmatrix.libsyn.com https://bitcoinmatrix.libsyn.com/erik-cason-the-politicalMIT OpenCourseWare on Blockchain and Money with Professor Gary Gensler: https://ocw.mit.edu/courses/15-s12-blockchain-and-money-fall-2018/resources/session-1-introductionResources Ella Recommends for Bitcoin Mining Thought Leaders: https://www.ellahough.io/high-signal-resources/energyThe Bitcoin Mining Deskbook: https://alexbrammer.substack.com/p/the-bitcoin-mining-deskbookBitcoin Mining 101 with Harry Sudock: https://www.youtube.com/watch?v=452ykF03Taw&ab_channel=WhatBitcoinDidMentioned in this episode:Free Market Kids ShortGet your HODL UP ("The best bitcoin game ever!") at
Alex talks with Harry Sudock, CSO at Griid (griid.com) and partner at Bitcoin Park (bitcoinpark.co), about bitcoin mining and its electricity consumption. Harry teaches us how electrical grids work and explains how bitcoin mining can be incredibly additive to their stability and operation. As part of the discussion, we cite a recent paper by MIT climate scientists which evaluates Bitcoin's energy consumption (https://ceepr.mit.edu/wp-content/uploads/2023/06/MIT-CEEPR-WP-2023-11.pdf). We also discuss Harry's work building a bitcoin community at Nashville's Bitcoin Park. Alex also talks with Beimnet Abebe about markets. This episode was recorded on Wednesday, July 19, 2023. ++ Follow us on Twitter, @glxyresearch, and read our research at www.galaxy.com/research/ to learn more! This podcast, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational purposes. View the full disclaimer at www.galaxy.com/disclaimer-galaxy-brains-podcast/
Josh & Dan are joined by Harry Sudock, Chief Strategy Officer at GRIID. Harry is one of our favorite guests, he has a vast knowledge of the Bitcoin mining space, possesses a GREAT sense of humor, a booming voice, and is a Sci-Fi aficionado–Perfect! WE COVER: Sci-Fi nerding Bitcoin's Foundational Properties The Significance of Miner Extracted Value The MASSIVE Hash Rate Increase Regulatory Hurdles How to RUIN a Party BLUE COLLAR BITCOIN PODCAST DISCLAIMER HERE Watch video of this chat on YouTube here ITEMS MENTIONED: Three Body Problem Hail Mary YellowJackets Etherium is a Dark Forest Progressive Case for Bitcoin SHOW SPONSORS: CROWDHEALTH BTC — Visit joincrowdhealth.com/bcb and use code BLUE to get 1st 3 months massively reduced at $49/month. Harness the Power of Bitcoin + Health Care. SWAN — The place we choose to buy Bitcoin. Dollar cost average daily, weekly or monthly with a company that's Bitcoin only and encourages you to hold your own private keys. Visit Swan.com. For Swan PREMIUM FREE go to https://www.swanbitcoin.com/premium/blue-collar-bitcoin-experience-swan-premium-for-free/ and use PASSWORD: bluecollarbitcoin BITCOIN 2024: promo code “BCB24” for 10% off tickets. Happening in Nashville July 25-27 2024, Get tickets early and get the best price possible! Visit b.tc/conference COINKITE — PROMO CODE “BCB” for discount on ColdCard. Industry leaders in Bitcoin security hardware and fun devices, makers of the COLDCARD and other prominent items including opendime, satscard, tapsigner, the seedplate, coldpower, blockclock mini & blockclock micro. All available at coinkite.com START9 — Sovereign computing. Take back control of your data. Run a Bitcoin & Lightning node. Server Lite: A small uncompromising personal server, capable of running BTC Core. Server One: Perfect for someone who wants to run 25-35 services Server Pro: The most powerful, secure, and reliable private server in the world. Visit Start9.com SUPPORT THE BCB PODCAST: Podcast 2.0 streaming on our favorite pod app, Fountain: You can earn & stream sats on Lightning Network while listening to pods! Also share and listen to standout clips with the Fountain community. SOCIAL MEDIA You can follow us @blue_collarbtc, you can follow Harry Sudock @harry_sudock Blue Collar Bitcoin on NOSTR: npub1a3hrd4wfawr578d5y5l0qgmh7lx8q6tumfq0h7eymmttt52veexqkcfg37 Video on YouTube, Subscribe Here EMAIL: Send questions or comments to bluecollarbitcoinpodcast@gmail.com
Harry Sudock is the CSO at GRIID and a partner at Bitcoin Park. In this episode of Bitcoin Builders, he and NLW discuss how the mining industry evolved over the last bullmarket, and how the business side of the sector has adapted during the bear market. They also discuss Bitcoin community. Thanks to our sponsor: In Wolf's Clothing // Wolf is the first startup accelerator focused exclusively on Bitcoin and Lightning // Learn more at wolfnyc.com Bitcoin Builders is produced and hosted by Nathaniel Whittemore. Lead researcher is Scott Hill. Edited by Kyle Barbour-Hoffman. Images by Midjourney. Theme music is "Everybody Dance" by True Ripper, licensed via Track Club. Ad music is "Easy's First Tiger" by Bossfight
Troy Cross is a Professor of Philosopher and Fellow at BPI, and Harry Sudock is Chief Strategy Officer at Griid. This interview was a live recording made at the Bitcoin 2023 Conference in Miami, where we discussed Bitcoin mining: the industry's rapid evolution, how it's optimising other markets, and why its relentless search for cheap energy will facilitate human flourishing. - - - - Bitcoin mining has been the subject of much controversy and debate in mainstream media. The infamous New York Times (NYT) article in April still casts a shadow over the industry: the piece characterised Bitcoin mining as an exploitative parasite feeding off cheap energy at the expense of local users and the environment. And yet, Bitcoin mining is the exact opposite. As Troy Cross states in this live interview, when people get to hear the truth about Bitcoin mining's impact on energy systems it “blows their minds!” Harry Sudock adds more colour by explaining how Bitcoin mining is a black hole that sucks in economic utility and spits it out in its most efficient form, making it a revolutionary tool for human flourishing. Both speakers criticize the media for pushing a biased agenda and cherry-picking data to fit a preconceived narrative. They argue that the truth about Bitcoin mining's impact on energy systems is more complex than the media portrays, but, this doesn't provide the clickbait media outlets are after. The irony is that the NYT's mission is “to seek the truth and help people understand the world.” However, we are optimistic that the tide will soon turn. With this show, both Harry and Troy have been on What Bitcoin Did now a combined 13 times (lucky for us!), and they continue to blow our minds with their tales of the possible worlds opened up by the race for cheap and abundant energy. The other side just doesn't have the calibre of persuasive, authentic and enthusiastic voices we have.
“It's really exciting for me to see the transfer from… what the best we could do was plugging in 800 FPGAs to our father-in-law's warehouse, to today where we're signing some of the largest energy contracts in America, we're building the backbone of our electric systems day by day, we're integrating across core human infrastructure. So, getting to build a business at the intersection of energy and money, it's the dream of a lifetime.”— Harry SudockTroy Cross is a Professor of Philosopher and Fellow at BPI, and Harry Sudock is Chief Strategy Officer at Griid. This interview was a live recording made at the Bitcoin 2023 Conference in Miami, where we discussed Bitcoin mining: the industry's rapid evolution, how it's optimising other markets, and why its relentless search for cheap energy will facilitate human flourishing. - - - - Bitcoin mining has been the subject of much controversy and debate in mainstream media. The infamous New York Times (NYT) article in April still casts a shadow over the industry: the piece characterised Bitcoin mining as an exploitative parasite feeding off cheap energy at the expense of local users and the environment. And yet, Bitcoin mining is the exact opposite. As Troy Cross states in this live interview, when people get to hear the truth about Bitcoin mining's impact on energy systems it “blows their minds!” Harry Sudock adds more colour by explaining how Bitcoin mining is a black hole that sucks in economic utility and spits it out in its most efficient form, making it a revolutionary tool for human flourishing. Both speakers criticize the media for pushing a biased agenda and cherry-picking data to fit a preconceived narrative. They argue that the truth about Bitcoin mining's impact on energy systems is more complex than the media portrays, but, this doesn't provide the clickbait media outlets are after. The irony is that the NYT's mission is “to seek the truth and help people understand the world.”However, we are optimistic that the tide will soon turn. With this show, both Harry and Troy have been on What Bitcoin Did now a combined 13 times (lucky for us!), and they continue to blow our minds with their tales of the possible worlds opened up by the race for cheap and abundant energy. The other side just doesn't have the calibre of persuasive, authentic and enthusiastic voices we have.- - - - This episode's sponsors:Iris Energy - Bitcoin Mining. Done Sustainably Ledn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by defaultUnchained - Secure your bitcoin with confidence-----WBD668 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
This conversation was recorded at Bitcoin Park's May 2023 Open House, a monthly meetup event at Bitcoin Park in Nashville, TN featuring panel discussions on various Bitcoin-focused topics. May 2023's Open House topic: What is Mempool and the Bitcoin Blockchain? Recorded: May 10, 2023 Why are Mempools Important? with Wiz, Co-Founder of Mempool.space Jay Beddict, VP of Research at Foundry Murch, Engineer at Chaincode Labs Moderated by Harry Sudock, Chief Strategy Officer at GRIID Bitcoin Park is a community supported campus in Nashville, TN focused on grassroots bitcoin adoption and a home for bitcoiners to work, learn, collaborate, and build. Our aim is to produce and publish conversations from future events, so please like and subscribe on your favorite podcasting app to stay up to date. To learn more, please visit and join: https://bitcoinpark.com and/or join our Discord where we are most active: https://bitcoinpark.com/discord Follow us on Twitter: Bitcoin Park: https://twitter.com/bitcoinpark_ Matt: https://twitter.com/ODELL Rod @bitkite: https://twitter.com/bitkite
Pascal Gauthier is the CEO of Ledger, NVK is the founder of Coinkite, Matt Odell is a podcaster and Bitcoin educator and Harry Sudock is Cheif Strategy Officer at Griid. In this interview, we host a group discussion, regarding Ledger's Recover firmware update. We talk about the questions this update has raised about the trade-offs between mitigating seed recovery risk over state seizure risks. - - - - Full disclosure, Ledger is a sponsor of the What Bitcoin Did Podcast. Just under a week ago, Ledger launched a seed recovery service called Ledger Recover. There was an immediate backlash on Twitter, with various prominent voices raising concerns about the security implications. Fundamentally, does this feature open up users to hacking or state seizure risks? Or, is this a useful service that will support efforts to get more users to self-custody? The purpose of this show was to enable Pascal Gauthier, the CEO of Ledger, to explain the aims of Ledger's seed recovery service, and the methods employed to protect users. The show then enabled trusted independent and prominent voices within the community (including a Ledger competitor) to set out their concerns and discuss them openly with Pascal. Should security for Bitcoin be provided using open or closed-source software? Given the challenges in providing robust security, are there any acceptable trade-offs? Can we afford anything less than full transparency from commercial companies involved in Bitcoin security? The rudimentary issue is whether Bitcoin security should be regarded as a binary choice. Should we as a community should aim for a minimum expectation of security? Or, should we take the world as it is and pragmatically make incremental improvements to people's security? Can we afford as a community to have the majority of people custody on exchanges? Or, do we strive for higher ideals than seeing self-custody as an end in itself?
“The thing with security is it works today, the question is: is it going to work tomorrow? There are new attackers, there's new ways to attack etc which is why security is an always-evolving technology. ”— Pascal GauthierPascal Gauthier is the CEO of Ledger, NVK is the founder of Coinkite, Matt Odell is a podcaster and Bitcoin educator and Harry Sudock is Cheif Strategy Officer at Griid. In this interview, we host a group discussion, regarding Ledger's Recover firmware update. We talk about the questions this update has raised about the trade-offs between mitigating seed recovery risk over state seizure risks. - - - - Full disclosure, Ledger is a sponsor of the What Bitcoin Did Podcast. Just under a week ago, Ledger launched a seed recovery service called Ledger Recover. There was an immediate backlash on Twitter, with various prominent voices raising concerns about the security implications. Fundamentally, does this feature open up users to hacking or state seizure risks? Or, is this a useful service that will support efforts to get more users to self-custody? The purpose of this show was to enable Pascal Gauthier, the CEO of Ledger, to explain the aims of Ledger's seed recovery service, and the methods employed to protect users. The show then enabled trusted independent and prominent voices within the community (including a Ledger competitor) to set out their concerns and discuss them openly with Pascal. Should security for Bitcoin be provided using open or closed-source software? Given the challenges in providing robust security, are there any acceptable trade-offs? Can we afford anything less than full transparency from commercial companies involved in Bitcoin security? The rudimentary issue is whether Bitcoin security should be regarded as a binary choice. Should we as a community should aim for a minimum expectation of security? Or, should we take the world as it is and pragmatically make incremental improvements to people's security? Can we afford as a community to have the majority of people custody on exchanges? Or, do we strive for higher ideals than seeing self-custody as an end in itself?- - - - This episode's sponsors:Iris Energy - Bitcoin Mining. Done Sustainably Ledn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by defaultUnchained - Secure your bitcoin with confidence-----WBD661 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Harry Sudock is Chief Strategy Officer at Griid. In this interview, we discuss what Bitcoin is: specifically, on what ideological foundation was it developed, what problem was it designed to solve, how it solves that problem, and why is it the best technical solution for solving that problem. It's a tl;dr of the basic technical features underpinning Bitcoin. - - - - This is the second in a series of special What Bitcoin Did shows aimed at opening people up to Bitcoin. In the first episode, we learnt that Bitcoin is a new form of money. In this episode, we discuss what functions Bitcoin performs, which differentiates it from other forms of money. We then discuss the technical innovations that enable it to achieve these functions. In essence, this show focuses on what Bitcoin is. Bitcoin is rooted in the cypherpunk movement that developed in the late 1980s centred on the US. As digital technology started to proliferate, its capacity to track and record digital activity became readily apparent. Concerned computer scientists, mathematicians and cryptographers acted to develop systems aimed at protecting individual privacy, despite a concerted government that sought to control the development of privacy-providing technology. The cypherpunks movement included extensive work by many to develop anonymous digital cash. But, despite some incredible breakthroughs, none of these efforts had any material success. It was not until the pseudonymous Satoshi Nakamoto brought numerous strands of all this work together that a viable anonymous and uncensorable digital currency was born. The innovation centres on four key pillars: a clear and immutable monetary policy ensuing both scarcity and transparency; a proof of work consensus mechanism that provides decentralised security to the system; a difficulty adjustment, which ensures the issuance rate is highly predictable; and finally, its design considerations aimed at prioritising decentralisation. To the uninitiated, these four key pillars may seem as merely interesting innovations. But, once comprehended, the effectiveness and elegance of Bitcoin's design is truly breathtaking. The software has worked, day in and day out, for over 14 years, without being hacked. And, it's all without a leader, or a clearing house, or a central committee dictating policy. Quick, uncensorable and private global settlement. By open-source code. Satoshi Nakamoto is the genius of our times.
“Bitcoin is beautifully simple: from a mind-virus perspective there are only 21 million, what you own, you own, it's yours, you're in control. It puts the burden and the responsibility back on the individual, and therefore the opportunity rests on the individual, and so Bitcoin is money for people who are ready to take responsibility for their lives.”— Harry SudockHarry Sudock is Chief Strategy Officer at Griid. In this interview, we discuss what Bitcoin is: specifically, on what ideological foundation was it developed, what problem was it designed to solve, how it solves that problem, and why is it the best technical solution for solving that problem. It's a tl;dr of the basic technical features underpinning Bitcoin.- - - - This is the second in a series of special What Bitcoin Did shows aimed at opening people up to Bitcoin. In the first episode, we learnt that Bitcoin is a new form of money. In this episode, we discuss what functions Bitcoin performs, which differentiates it from other forms of money. We then discuss the technical innovations that enable it to achieve these functions. In essence, this show focuses on what Bitcoin is.Bitcoin is rooted in the cypherpunk movement that developed in the late 1980s centred on the US. As digital technology started to proliferate, its capacity to track and record digital activity became readily apparent. Concerned computer scientists, mathematicians and cryptographers acted to develop systems aimed at protecting individual privacy, despite a concerted government that sought to control the development of privacy-providing technology. The cypherpunks movement included extensive work by many to develop anonymous digital cash. But, despite some incredible breakthroughs, none of these efforts had any material success. It was not until the pseudonymous Satoshi Nakamoto brought numerous strands of all this work together that a viable anonymous and uncensorable digital currency was born.The innovation centres on four key pillars: a clear and immutable monetary policy ensuing both scarcity and transparency; a proof of work consensus mechanism that provides decentralised security to the system; a difficulty adjustment, which ensures the issuance rate is highly predictable; and finally, its design considerations aimed at prioritising decentralisation. To the uninitiated, these four key pillars may seem as merely interesting innovations. But, once comprehended, the effectiveness and elegance of Bitcoin's design is truly breathtaking. The software has worked, day in and day out, for over 14 years, without being hacked. And, it's all without a leader, or a clearing house, or a central committee dictating policy. Quick, uncensorable and private global settlement. By open-source code. Satoshi Nakamoto is the genius of our times.- - - - This episode's sponsors:Gemini - Buy Bitcoin instantlyIris Energy - Bitcoin Mining. Done Sustainably Ledn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletFortris - Digital asset treasury operationsWasabi Wallet - Privacy by default-----WBD631 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Date: March 2, 2023 Block Height: 778,994 How many days until the halving: 423 according to https://www.bitcoinblockhalf.com/ Catch-Up: Stream Sats, Point Hash update: Pick any Lincoin URL: a) stratum+tcp://NA.lincoin.com:3333 b) stratum+tcp://EU.lincoin.com:3333 c) stratum+tcp://LatAm.lincoin.com:3333 d) stratum+tcp://CIS.lincoin.com:3333 e) stratum+tcp://Asia.lincoin.com:3333 f) stratum+tcp://OC.lincoin.com:3333 g) stratum+tcp://Africa.lincoin.com:3333 Then use "pod256.YourAlias" as the worker name. Shout out to @ChadFarrow and @_business_cat for pointing us some hash this week. State of the Network: Bitrawr - difficulty estimator: https://www.bitrawr.com/difficulty-estimator Mempool.space - hashrate & difficulty: https://mempool.space/ ASIC prices - Hashrate Index from Luxor: https://data.hashrateindex.com/asic-index-data Hashvalue - Braiins insights: https://insights.braiins.com/en/ News: Level 39 rebuttal to Amy Castor: https://twitter.com/level39/status/163104247229280256 Is Braiins still Open Source?: https://twitter.com/ajtowns/status/1629280539583877122 Home Miner of the Week: @BTCSpeedBoat expands operation by another 720Th this should put him at about 2Ph! Congrats BTCSpeedBoat! https://twitter.com/BTCSpeedBoat/status/1631030911432028161 Got a home miner set up? Tweet it w/ #POD256 and you could be featured on the pod No Holds Barred: Harry Sudock, CSO - Griid Infrastructure Harry's thread on Griid's curtailment letter to the TVA: https://twitter.com/harry_sudock/status/1625887907473924099 Harry on Twitter: https://twitter.com/harry_sudock Rod @bitkite on Twitter: https://twitter.com/bitkite Econoalchemist on Twitter: https://twitter.com/econoalchemist Rod @bitkite on nostr: npub1atn7mlwt08erz4ap47gef92xfey65a4z9ed9vec53u5kc9v94pusl6h4x3 Econoalchemist on nostr: npub10m6lrv2kaf08a8um0plhj5dj6yqlw7qxzeag6393z352zrs0e5nsr2tff3 Bitcoin Park on Twitter: https://twitter.com/bitcoinpark_ POD256 on Twitter: https://twitter.com/pod256
Preston Pysh is joined by Bitcoin minor investor and strategic thinker, Harry Sudock. During our show, they talk about the current status of the mining industry and how they're dealing with an all-time high hash rate combined with prices that are still significantly down. Harry shares his thoughts on the ever-changing policy and legal rules around Bitcoin and Bitcoin mining, and much more.IN THIS EPISODE, YOU'LL LEARN:Harry's thoughts on the massive amount of hash rate that has recently come onto the Bitcoin network.Why companies like Shell are now the primary sponsor of the Bitcoin Miami conference.What is it going to take to get more energy companies buying Bitcoin infrastructure to strengthen their earnings and delivery of power to the grid?What is the biggest road block preventing them from actioning such a strategy?A discussion around Trey Kelly's letter to the TVA power company.Some considerations that many don't understand about the mining sector that make it so difficult to compete globally.Harry's thoughts on Nuclear energy and its impact moving forward.Home mining and why it's so difficult.Harry's thoughts on policy and legal changes in the United States.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESHarry's Twitter.Harry's Nostr.Trey Kelly's letter to the TVA.Grid Mining.Related Episode: Listen to BTC036: Bitcoin Mining w/ Harry Sudock, or watch the video.Related Episode: Listen to BTC014: Bitcoin Mining and Energy w/ Marty Bent & Harry Sudock, or watch the video.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSTalk to your clients about Desjardins Responsible Investment today and support what's right for society and what's good for business.Take stock of your finances and investing strategy with Betterment.Get an overall better student loan experience with College Ave. Plus, get a chance to win a $1,000 college scholarship. No purchase is required.Set, track, and manage your financial goals as your life evolves with Scotia Smart Investor.Let an expert do your taxes from start to finish so you can relax with TurboTax.Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Harry Sudock is Chief Strategy Officer at Griid. In this interview, we discuss a range of narratives evolving in 2023: how Bitcoin's value is to be explained to newbs, making sense of the general paranoia in society, the critical importance of nuclear energy, and making sense of 2022's financial contagion within crypto. - - - - 2022 was a heck of a year, the impact of which is still being felt into the early part of 2023. However, as January turns to February, the focus is turning to what 2023 holds for Bitcoin and wider society. And who better to review the year to come than Harry Sudock. We discuss the evolving narratives used to explain and advocate for Bitcoin. As the fatigue of dealing with 2022 diminishes, how are re-energised Bitcoiners to educate those who are financially and/or technically literate but lack a grounding in Bitcoin? What are the best arguments to use to explain Bitcoin in the US, where there is a less immediate need for its utility? Further, how do we navigate the world around us? The social discourse is increasingly beset by paranoia and distrust. At the same time, there is a lot to distrust: lies and spin have become so ubiquitous and brazen that we are effectively being told to believe up is actually down. Is it any wonder that people see conspiracies where there are none? Beyond creating a noisy and chaotic public square, the real problem is we're unable to properly address society's most pressing issues. Take energy for example. The last few podcasts have shone a light on the myths and realities of nuclear energy. It is quite clear the obvious path to providing sustainable and abundant energy lies in supporting the development of nuclear infrastructure. So, the path forward seems clear. 2023 needs an unrelenting focus on giving exposure to the truth, whilst calling out vested interests and virtue signalling. Nuance, pragmatism and veracity are the vital principles that have and will underpin all of What Bitcoin Did's content. 2022 was about lies being exposed throughout crypto. Bitcoin in 2023 about its inherent truth.
“If you believe that there is a pending climate crisis and you do not believe in nuclear energy technology, you're anti-human and I no longer know how to relate to you on the merits.”— Harry SudockHarry Sudock is Chief Strategy Officer at Griid. In this interview, we discuss a range of narratives evolving in 2023: how Bitcoin's value is to be explained to newbs, making sense of the general paranoia in society, the critical importance of nuclear energy, and making sense of 2022's financial contagion within crypto. - - - - 2022 was a heck of a year, the impact of which is still being felt into the early part of 2023. However, as January turns to February, the focus is turning to what 2023 holds for Bitcoin and wider society. And who better to review the year to come than Harry Sudock. We discuss the evolving narratives used to explain and advocate for Bitcoin. As the fatigue of dealing with 2022 diminishes, how are re-energised Bitcoiners to educate those who are financially and/or technically literate but lack a grounding in Bitcoin? What are the best arguments to use to explain Bitcoin in the US, where there is a less immediate need for its utility?Further, how do we navigate the world around us? The social discourse is increasingly beset by paranoia and distrust. At the same time, there is a lot to distrust: lies and spin have become so ubiquitous and brazen that we are effectively being told to believe up is actually down. Is it any wonder that people see conspiracies where there are none?Beyond creating a noisy and chaotic public square, the real problem is we're unable to properly address society's most pressing issues. Take energy for example. The last few podcasts have shone a light on the myths and realities of nuclear energy. It is quite clear the obvious path to providing sustainable and abundant energy lies in supporting the development of nuclear infrastructure. So, the path forward seems clear. 2023 needs an unrelenting focus on giving exposure to the truth, whilst calling out vested interests and virtue signalling. Nuance, pragmatism and veracity are the vital principles that have and will underpin all of What Bitcoin Did's content. 2022 was about lies being exposed throughout crypto. Bitcoin in 2023 about its inherent truth. - - - - This episode's sponsors:Gemini - Buy Bitcoin instantlyLedn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletCasa - The leading provider of Bitcoin multisig key securityWasabi Wallet - Privacy by default-----WBD616 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
I'm joined by guests Harry Sudock, Aaron van Wirdum and Adam Gibson to discuss the power dynamics in Bitcoin. Discussion Topics: 00:02:41 The Mexican stand off conceptualisation of the power dynamics within Bitcoin 00:04:19 Are developers part of the game theory? 00:21:57 The power dynamics involved in changing Bitcoin 00:33:39 The role of prediction markets in determining consensus 00:43:01 Can Bitcoin development be corrupted? 00:46:26 Corruption factors invovled in chain forks 00:53:39 Bitcoin's resistance to change 00:57:12 Bitcoin vs gold and considerations surrounding resistance to human interference 01:03:19 Perspectives on changing Bitcoin 01:04:41 Controversial changes (Tapscript) 01:07:16 What properties of Bitcoin are changeable? 01:15:18 How do you defin the "true" Bitcoin? 01:23:53 Forking as means of achieving market consensus 01:27:14 Politcs and getting buy-in for controversial changes 01:32:40 Why change Bitcoin? 01:34:55 Historic examples of contentious changes 01:38:11 Contextualising developer influence on Bitcoin 01:41:05 Contentious non-consensus changes (RBF) 01:45:12 Game theory involved in conflicts between users and miners 01:55:53 Mitigating against short term incentives with long term risks 01:59:39 Bitcoin: There is no alternative 02:01:55 Off-chain considerations Links & Contacts: Website: https://bitcoin.review/Podcast Twitter: https://twitter.com/bitcoinreviewhq NVK Twitter: https://twitter.com/nvk Telegram: https://t.me/BitcoinReviewPod Email: producer@coinkite.com Nostr & LN:⚡nvk@nvk.org (not an email!) Full show notes: https://bitcoin.review/podcast/episode-21/
Search Bitcoin Park in your favorite podcast app to listen to other discussions hosted at the Park! This conversation was recorded at the inaugural Nashville Energy & Mining Summit, a two-day event at Bitcoin Park in Nashville, TN that brought investors, policymakers, energy producers, and full spectrum Bitcoin mining operators and service providers together to discuss the current state of bitcoin mining and forge a path forward. Recorded: January 12, 2023 Proof-of-Work: What It Is and Why It Matters Fireside Chat with: Harry Sudock, Chief Strategy Officer at GRIID Matt Odell, Co-Founder at Bitcoin Park Bitcoin Park is a community supported campus in Nashville, TN focused on grassroots bitcoin adoption and a home for bitcoiners to work, learn, collaborate, and build. Our aim is to produce and publish conversations from future events, so please like and subscribe on your favorite podcasting app to stay up to date. To learn more, please visit and join: https://bitcoinpark.co and/or join our Discord where we are most active: https://discord.gg/YZ8x7mfFKj Follow us on Twitter: Bitcoin Park: https://twitter.com/bitcoinpark_ Matt Odell: https://twitter.com/ODELL Rod @bitkite: https://twitter.com/bitkite
Search Bitcoin Park in your favorite podcast app to listen to other discussions hosted at the Park! This conversation was recorded at Bitcoin Park's January 2023 Open House, a monthly meetup event at Bitcoin Park in Nashville, TN featuring panel discussions on various Bitcoin-focused topics. January 2023's Open House topic: Mining to the Moon Recorded: January 11, 2022 Bitcoin Mining: What to Expect in 2023 with: Harry Sudock, Chief Strategy Officer at GRIID Cassie Clifton, VP of Bitcoin Mining Business Development at Galaxy Jonathan Kirkwood, Managing Partner at Ten31 moderated by Matt Odell, Co-founder at Bitcoin Park Bitcoin Park is a community supported campus in Nashville, TN focused on grassroots bitcoin adoption and a home for bitcoiners to work, learn, collaborate, and build. Our aim is to produce and publish conversations from future events, so please like and subscribe on your favorite podcasting app to stay up to date. To learn more, please visit and join: https://bitcoinpark.co and/or join our Discord where we are most active: https://discord.gg/YZ8x7mfFKj Follow us on Twitter: Bitcoin Park: https://twitter.com/bitcoinpark_ Matt: https://twitter.com/ODELL Rod @bitkite: https://twitter.com/bitkite
This conversation was recorded at the inaugural Nashville Energy & Mining Summit, a two-day event at Bitcoin Park in Nashville, TN that brought investors, policymakers, energy producers, and full spectrum Bitcoin mining operators and service providers together to discuss the current state of bitcoin mining and forge a path forward. Recorded: January 12, 2023 Proof-of-Work: What It Is and Why It Matters Fireside Chat with: Harry Sudock, Chief Strategy Officer at GRIID Matt Odell, Co-Founder at Bitcoin Park Bitcoin Park is a community supported campus in Nashville, TN focused on grassroots bitcoin adoption and a home for bitcoiners to work, learn, collaborate, and build. Our aim is to produce and publish conversations from future events, so please like and subscribe on your favorite podcasting app to stay up to date. To learn more, please visit and join: https://bitcoinpark.co and/or join our Discord where we are most active: https://discord.gg/YZ8x7mfFKj Follow us on Twitter: Bitcoin Park: https://twitter.com/bitcoinpark_ Matt Odell: https://twitter.com/ODELL Rod @bitkite: https://twitter.com/bitkite
This conversation was recorded at Bitcoin Park's January 2023 Open House, a monthly meetup event at Bitcoin Park in Nashville, TN featuring panel discussions on various Bitcoin-focused topics. January 2023's Open House topic: Mining to the Moon Recorded: January 11, 2023 Bitcoin Mining: What to Expect in 2023 with: Harry Sudock, Chief Strategy Officer at GRIID Cassie Clifton, VP of Bitcoin Mining Business Development at Galaxy Jonathan Kirkwood, Managing Partner at Ten31 moderated by Matt Odell, Co-founder at Bitcoin Park Bitcoin Park is a community supported campus in Nashville, TN focused on grassroots bitcoin adoption and a home for bitcoiners to work, learn, collaborate, and build. Our aim is to produce and publish conversations from future events, so please like and subscribe on your favorite podcasting app to stay up to date. To learn more, please visit and join: https://bitcoinpark.co and/or join our Discord where we are most active: https://discord.gg/YZ8x7mfFKj Follow us on Twitter: Bitcoin Park: https://twitter.com/bitcoinpark_ Matt: https://twitter.com/ODELL Rod @bitkite: https://twitter.com/bitkite
I'm joined by guests Steve Barbour & Harry Sudock to discuss Bitcoin Mining. Discussion Topics 00:03:42 The service miners provide 00:05:01 Current state of mining profitability 00:07:58 Mining supply chain issues 00:13:18 Profit and loss in the mining industry 00:17:05 Financing in the mining industry 00:29:07 Risk management in the mining industry 00:33:49 Fiat games, leverage, fractional reserves & rehypothecation 00:46:44 Cooling technology 00:55:15 Higherarchy of needs in mining hardware 00:56:41 PSU cost efficiency 01:00:55 Voltage dynamics in mining 01:03:11 ASICS and ASIC manufacturers 01:10:55 Geopolitical concerns and state actors 01:22:57 Is Tesla a shitcoin? 01:24:04 The evolution of the Bitcoin mining paradigm 01:29:25 Sustaining attacks on mining 01:31:54 Energy sources 01:37:27 Creative miner energy use ideas 01:40:51 Base layer, 2nd layers and custodians 01:42:57 Attack vectors 01:47:19 RBF controversy Links & Contacts: Website: https://bitcoin.review/Podcast Twitter: https://twitter.com/bitcoinreviewhq NVK Twitter: https://twitter.com/nvk Telegram: https://t.me/BitcoinReviewPod Email: producer@coinkite.com LN Address:⚡nvk@getalby.com (not an email!) Full show notes: https://bitcoin.review/podcast/episode-13/
Builders In Bitcoin EP17: Bitcoin Just Works w/ Harry Sudock, VP, Strategy - Griid I had the pleasure of sitting down with my friend Harry Sudock, VP of Strategy at bitcoin mining firm Griid. Harry's master-level understanding of energy grids and mining infrastructure make him a uniquely valuable asset to the Bitcoin ecosystem and community. In this episode, we discuss and dig into: why proof-of-work is important Harry's thoughts on bitcoin mining software updates how Lightning and mining can work hand-in-hand and a lot more… Resources: Griid: https://www.griid.com/ Nashville Energy & Mining Summit (January 12-13, 2023): https://www.meetup.com/bitcoinpark/events/287318406/ Harry on Twitter: https://twitter.com/harry_sudock Griid on Twitter: https://twitter.com/GRIID Rod on Twitter: https://twitter.com/bitkite Builders In Bitcoin on Twitter: https://twitter.com/buildersinbtc To learn more about Bitcoin Park, please visit and join: https://bitcoinpark.co and/or join our Discord where we are most active: https://discord.gg/YZ8x7mfFKj And a massive thank you to: - Producer - Tom Maxwell https://twitter.com/tomjmaxwell - Theme Composer - Max Wellington https://twitter.com/immaxwellington
There is a growing a powerful backlash against Bitcoin mining. In the past 2 months: New York's legislative assembly established a moratorium on mining based on PoW; Dick Durbin, the second highest ranked Democrat in the Senate, tweeted that Bitcoin mining uses “obscene amounts of energy”; the European Central Bank indicated that a ban on PoW is likely by 2025. The problem is that the growing movement against Bitcoin mining, specifically its use of energy to satisfy PoW consensus protocol, defies logic. The FUD and the facts don't align. The reality is Bitcoin mining is providing unprecedented utility to society. It is helping to mitigate methane emissions at landfill and oil fields, whilst also providing a unique demand that stabilizes energy grids. The concern is that the FUD is orientated along political lines. The movement against Bitcoin mining is more heavily resourced by democratic and left-leaning groups. Therefore, is the growing progressive support for Bitcoin more than just beneficial to its wider adoption? Could it be vital to dispel the disinformation? Is Bitcoin's future dependent upon a de-polarisation of the ecosystem? Whatever the trajectory of the discussion, one thing is clear: Harry Sudock is one of the most clear-eyed, passionate and articulate voices within our industry. With people of such uncompromising yet pragmatic vision, we have the resources to win the battle of ideas. The Bitcoin community's role is to help circulate the facts amongst the groups spreading the FUD.
“Bitcoin is a multi-decade, multigenerational incredible opportunity. Doesn't mean that the water is always warm and smooth; there's chop along the way. And so planning for those downside scenarios and trying to manage risk, first and upside second is the prudent way to do it. And there's operators and companies that are out there within our industry, that have done their best and made good conservative decisions, and still blown up.”— Harry SudockThere is a growing a powerful backlash against Bitcoin mining. In the past 2 months: New York's legislative assembly established a moratorium on mining based on PoW; Dick Durbin, the second highest ranked Democrat in the Senate, tweeted that Bitcoin mining uses “obscene amounts of energy”; the European Central Bank indicated that a ban on PoW is likely by 2025.The problem is that the growing movement against Bitcoin mining, specifically its use of energy to satisfy PoW consensus protocol, defies logic. The FUD and the facts don't align. The reality is Bitcoin mining is providing unprecedented utility to society. It is helping to mitigate methane emissions at landfill and oil fields, whilst also providing a unique demand that stabilizes energy grids. The concern is that the FUD is orientated along political lines. The movement against Bitcoin mining is more heavily resourced by democratic and left-leaning groups. Therefore, is the growing progressive support for Bitcoin more than just beneficial to its wider adoption? Could it be vital to dispel the disinformation? Is Bitcoin's future dependent upon a de-polarisation of the ecosystem?Whatever the trajectory of the discussion, one thing is clear: Harry Sudock is one of the most clear-eyed, passionate and articulate voices within our industry. With people of such uncompromising yet pragmatic vision, we have the resources to win the battle of ideas. The Bitcoin community's role is to help circulate the facts amongst the groups spreading the FUD.- - - - This episode's sponsors:Gemini - Buy Bitcoin instantlyLedn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is herePacific Bitcoin - Bitcoin‑only event, Nov 10 & 11, 2022Ledger - State of the art Bitcoin hardware walletCompass Mining - Bitcoin mining & hostingCake Wallet - Open-source, privacy-focused Bitcoin walletBCB Group - Global digital financial Services-----WBD538 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
This week Dan & Josh speak with Harry Sudock, Vice President of Strategy at GRIID. This was a killer conversation! Harry has an incredible deep understanding of Bitcoin and the mining space. He also has a great sense of humor! This episode covers topics including: Current bear market Bitcoin Mining Satoshi's True Discovery Difficulty Adjustment Harry's Honeyhole Economics of Power Production/Bitcoin POW vs POS SHOW SPONSORS: **LEDN** - A Bitcoin forward financial services company that has chosen to mirror and embrace the transparency, accountability, and auditability of Bitcoin itself by undergoing Proof of Reserves. Use Bitcoin as collateral and access dollar loans with Ledn Bitcoin backed loans. Harness your Bitcoin holdings to buy a new property or finance the home you already own with the upcoming Ledn Bitcoin Mortgage Product. Save Bitcoin and USDC and have access to Ledn's Dollar Loans and trading service. You can look into Ledn's well architected menu of services at Ledn.io (All products and services subject to availability & jurisdiction.) RECEIVE $10 USDC by signing up and funding using the following link: http://start.ledn.io/bluecollarbitcoin **COINKITE** - Makers or the best Bitcoin security hardware in the world. Use PROMO CODE "BCB" for 5% off ColdCard Mk3 purchases at coinkite.com. Coinkite is the producer of the iconic ColdCard. ColdCard is widely regarded as the MOST secure signing device in existence, and can be used by beginners all the way up to the most advanced users (The 2 of us have relied on this device for years.) If you wanna get frisky, check out the BlockClock Mini, this beauty sits on a bookshelf or hangs on the wall and displays any metric about Bitcoin you can think of. BlockClock Mini is a lust worthy addition to any Bitcoiners home. Other Coinkite products include the OPENDIME, the SATSCARD, the TAPSIGNER, the SEEDPLATE, COLDPOWER and sweet hats. All available at coinkite.com. ColdCard Guides (ultra quick - intermediate - advanced) SUPPORT THE BCB PODCAST: ⇨TIPS: strike.me/bcb (tips also open on Twitter) ⇨PODCAST 2.0 STREAMING: You can stream us fractions of a cent via Bitcoin sats on the Lightning Network! We are live on Podcast 2.0 apps & wallets. BREEZ Wallet is a great way to get started→HERE is an easy tutorial that demonstrates exactly how to do it. ABOUT HARRY SUDOCK Harry Sudock is the VP of Strategy at GRIID. Harry has been one of our most sought after guests. His ability to articulate difficult concepts into relatable anecdotes is second to none. Harry also has first hand experience in the mining and power generating spaces. ITEMS MENTIONED IN THE SHOW: Bitcoin is Time Dergigi's Work TWITTER: Follow Harry Sudock @Harry_Sudock; @ Follow Blue Collar Bitcoin Podcast @blue_collarbtc EMAIL: Send us questions, comments, or feedback at bluecollarbitcoinpodcast@gmail.com
Harry Sudock is a Vice President of Strategy at Griid. In this interview, we discuss whether Bitcoin's real innovation is the fusion of Proof of Work and the difficulty adjustment. This enables it to exert a gravitational pull that's disrupting money, assets, technologies and organising structures. - - - - Bitcoin's impact on society is far exceeding what anyone could have envisioned. While its properties as sound money are well established, the 2nd and 3rd order effects are still being discovered. Bitcoin is unique. It's centred on the combination of proof of work and the difficulty adjustment. These two fundamental parts of the system incentivise trustless honesty whilst providing security. In today's digital world with encroaching authoritarianism, there is no substitute. Bitcoin's power is having a gravitational pull on the settled cosmos of modern society, drawing more things into the singularity of its innovation. If money touches everything in society, and Bitcoin is the best form of money, it's seemingly inevitable that Bitcoin will change everything. Bitcoin is a black hole.
“The economy is not a combustion engine, where you change a fan belt, and it starts or stops. The economy is a large, complex multivariate emergent social phenomenon. And because of that, when you poke one side of the bear, you don't know how it's going to react. And it's an incredibly volatile and incredibly complex place to try to play God. And so the best choice is not to do it.”— Harry SudockHarry Sudock is a Vice President of Strategy at Griid. In this interview, we discuss whether Bitcoin's real innovation is the fusion of Proof of Work and the difficulty adjustment. This enables it to exert a gravitational pull that's disrupting money, assets, technologies and organising structures. - - - - Bitcoin's impact on society is far exceeding what anyone could have envisioned. While its properties as sound money are well established, the 2nd and 3rd order effects are still being discovered.Bitcoin is unique. It's centred on the combination of proof of work and the difficulty adjustment. These two fundamental parts of the system incentivise trustless honesty whilst providing security. In today's digital world with encroaching authoritarianism, there is no substitute. Bitcoin's power is having a gravitational pull on the settled cosmos of modern society, drawing more things into the singularity of its innovation. If money touches everything in society, and Bitcoin is the best form of money, it's seemingly inevitable that Bitcoin will change everything. Bitcoin is a black hole. This episode's sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesBitcasino - The Future of Gaming is hereCasa - The leading provider of Bitcoin multisig key security.Ledger - State of the art Bitcoin hardware walletCompass Mining - Bitcoin mining & hostingCake Wallet - Open-source privacy focused Bitcoin walletBCB Group - Global digital financial Services-----WBD515 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
This week on The Bitcoin Bottom Line, Co-hosts Steven McClurg and C.J. Wilson met with Harry Sudock, Vice President of Strategy and Management at GRIID Mining. This episode was filmed live at the Bitcoin 22 Conference in Miami, and the conversation was kicked off with a discussion on the friendliness of their fellow conference-goers. McClurg explained how there is a collective feeling of support between otherwise competitive businesses at the convention. The trio opens a discussion on the Bitcoin mining industry. After touching on the subject of competition in the mining space, Wilson asks, “How do you manage being all over the place?” Sudock explains how local the mining industry is, “There is a local contractor, a local electrician and a local group embedded at that level”. Sudock goes on to describe how working in rural areas is a great way to show that mining companies can help the community grow with large power deals. McClurg asks,“How can someone mine bitcoin on the side but still be in play with the big guys? How can you break in and participate in mining?” Sudock responds, “You can buy a rig and put it in your garage. Your margins are not going to be the same as a huge company, but you may be beating the larger companies on the price of exchange for bitcoin.” The trio discusses the perks of mining at home, and Wilson adds on how some cold weather universities should mine crypto and add S19's to heat their pools that they have so they can swim in the winter. Wilson states that water and power are the two things that define your quality of life. Hearing this, Sudock shares his belief that there is a spectrum. One side of the spectrum consists of the responsible ways to use electricity, such as running an MRI machine, while the other side consists of things that are irresponsible uses of energy, like Christmas lights, etc.. He explains that, at the moment, bitcoin is viewed as an irresponsible use of electricity, when it should be viewed as a responsible use of electricity because of its ability to help grow many rural places economically by providing them with large electricity deals. The trio goes on to discuss how mining is a large revenue stream in Bitcoin, the competition in the mining market, and more. Listen to the full episode! Don't miss another live taping from the Bitcoin 22 Miami Conference! #Bitcoin #BBL #Bitcoinbottomline #Valkyrie #Podcast #Bitcoinconference2022 #SharryZudoc #Griid !
"Nodes are the law, and miners are the muscle." - Harry Sudock Harry Sudock, Vice President of Strategy at Griid, and I have a chat about the challenges of energy production, grid capacity, and the energy infrastructure and how so many can be addressed by the incredible opportunity of Bitcoin mining. How and why are energy production and the Bitcoin network merging together, and what does this mean for the future? Don't forget to check out Harry on twitter, and explore the other shows he has been on discussing more on this topic: https://www.whatbitcoindid.com/harry-sudock ••• If you haven't gotten your tickets for Bitcoin2022, DON'T WAIT! They only go up in value and you can save 10% on your tickets today with code GUYSWANN at checkout. Go to guyswann.com/2022 to snag them! Check out our amazing sponsors below that keep this show alive, and all the things made audible for your listening pleasure! • Get sats back on everything with the Fold Card! Check them out at guyswann.com/fold for 20% off the Spin+ Card! • And keep those sats SAFE with the BitBox02 hardware wallet. 5% off with discount code "GUY" at guyswann.com/bitbox • Stack automatically every day, week, or month with low fees on a set-it-and-forget-it, Bitcoin only, savings service at SwanBitcoin.com/guy Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
"Nodes are the law, and miners are the muscle." - Harry Sudock Harry Sudock, Vice President of Strategy at Griid, and I have a chat about the challenges of energy production, grid capacity, and the energy infrastructure and how so many can be addressed by the incredible opportunity of Bitcoin mining. How and why are energy production and the Bitcoin network merging together, and what does this mean for the future? Don't forget to check out Harry on twitter, and explore the other shows he has been on discussing more on this topic: https://www.whatbitcoindid.com/harry-sudock ••• If you haven't gotten your tickets for Bitcoin2022, DON'T WAIT! They only go up in value and you can save 10% on your tickets today with code GUYSWANN at checkout. Go to guyswann.com/2022 to snag them! Check out our amazing sponsors below that keep this show alive, and all the things made audible for your listening pleasure! • Get sats back on everything with the Fold Card! Check them out at guyswann.com/fold for 20% off the Spin+ Card! • And keep those sats SAFE with the BitBox02 hardware wallet. 5% off with discount code "GUY" at guyswann.com/bitbox • Stack automatically every day, week, or month with low fees on a set-it-and-forget-it, Bitcoin only, savings service at SwanBitcoin.com/guy Learn more about your ad choices. Visit megaphone.fm/adchoices
Location: New York Date: Sunday 19th September Company: Griid Infrastructure Role: VP of Strategy Bitcoin mining requires energy expenditure as a fundamental pillar of the proof-of-work consensus mechanism. While bitcoin is considered energy-intensive by some, it is often misreported in the media, overlooking its importance and the positive benefits for humanity of having sound money. Similarly, while some criticise bitcoin mining as wasteful, there is ignorance regarding how mining companies are improving communities, the efficiency of the energy grid, and even the impact of energy use itself. So how is bitcoin mining a driving force for beneficial change? In this interview, I talk to Harry Sudock, Vice President of Strategy at Griid. We discuss how bitcoin mining works, mining as a force for good globally, and demonetising the political class.
“What Bitcoin does is it demonetises the political class and empowers the productive class... that's what better money does for people is it takes the people who are just rent-seeking in our political structure, and it says to them, ‘I'm sorry, but you don't belong here because you don't produce anything or create any net economic positive'.”— Harry SudockLocation: New YorkDate: Sunday 19th SeptemberCompany: Griid InfrastructureRole: VP of StrategyBitcoin mining requires energy expenditure as a fundamental pillar of the proof-of-work consensus mechanism. While bitcoin is considered energy-intensive by some, it is often misreported in the media, overlooking its importance and the positive benefits for humanity of having sound money.Similarly, while some criticise bitcoin mining as wasteful, there is ignorance regarding how mining companies are improving communities, the efficiency of the energy grid, and even the impact of energy use itself.So how is bitcoin mining a driving force for beneficial change?In this interview, I talk to Harry Sudock, Vice President of Strategy at Griid. We discuss how bitcoin mining works, mining as a force for good globally, and demonetising the political class.This episode's sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware walletCompass Mining - Bitcoin mining & hosting-----WBD400 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
In this episode of Empire, Jason is joined by Marty Bent of Great American Mining and Harry Sudock of GRIID. Marty & Harry are focused on using stranded or otherwise wasted energy to mine Bitcoin whilst reducing flaring, methane and carbon emissions whilst doing so. Marty & Harry discuss the multi billion dollar opportunity in Bitcoin mining, the energy arbitrage opportunity, how the energy grid actually operates, the energy consumption debate and the Lightning Network. -- Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like Empire, subscribe to Blockworks' free daily newsletter: https://blockworks.co/newsletter/
Three professional miners with deep knowledge of energy markets are guests on this livestream. They share high-level overviews of how grids work, where miners fit into local and global power markets, and the future of energy and bitcoin companies. Harry Sudock: https://twitter.com/harry_sudock Shaun Connell: https://twitter.com/ShaunPConnell Rich Godwin: https://twitter.com/rich__godwin Compass Live covers everything related to bitcoin mining and relevant industry news. Subscribe and connect with us! Get Started Mining: https://bit.ly/3CehBf1 Twitter: https://twitter.com/Compass_Mining WATCH Twitch https://bit.ly/3Aok1WP YouTube https://bit.ly/3ys6sot LISTEN Apple: https://apple.co/3fNfrdi Spotify: https://spoti.fi/3tSf9G1 Anchor: https://bit.ly/3rmb7UF PocketCast: https://pca.st/bzjjlmhj RSS: https://bit.ly/3chpULV
Welcome back to another episode of Closing the Loop. Today's guest is Harry Sudock, VP of Strategy at GRIID, a company which procures low-cost, renewable energy, to build, manage, and operate a growing portfolio of vertically-integrated bitcoin mining facilities. Harry is incredibly passionate and knowledgeable about the bitcoin mining industry, and extremely dedicated to the cause of Bitcoin generally. I invited him on the show to discuss the mining ecosystem, the impact he believes it will have on energy companies and markets, and what the implications may be for humanity more broadly. Finally, I'd like to invite you to listen to this episode on one of the many podcasting 2.0 apps that are currently available. Closing the Loop is dedicated to advancing technologies that promote individual sovereignty, and building means of censorship-resistant communications and publishing is a critical component of that. By using a podcasting 2.0 app like Breez Wallet or Sphinx Chat, you stream sats directly to the contributors of this show, in amounts YOU determine, with no middle man. For this show, Harry has chosen to opt for a kind of 'reverse sponsorship', by directing his stream of sats to the Human Rights Foundation. As a result, by listening to this podcast in a podcasting 2.0 app, you'll not only be learning about the transformational potential of bitcoin mining, but you'll also be supporting an organization who engages in the tireless work, of championing the cause of freedom around the world. Pretty cool right? Anyways, thanks in advance for the support, and enjoy the show! -- To follow Harry / GRIID: TWITTER: https://twitter.com/harry_sudock TWITTER: https://twitter.com/griid WEBSITE: https://www.griid.com To follow John / Seetee: TWITTER: https://twitter.com/johnkvallis TWITTER: https://twitter.com/Seetee_io WEBSITE: https://www.seetee.io
IN THIS EPISODE, YOU'LL LEARN:Harry's Background in finance and bitcoinHarry's thoughts on balance sheets becoming more important moving forwardHarry's thoughts on the great mining hardware migration out of ChinaHow mining businesses in the US and abroad are purchasing hardwareHarry's thoughts on the ESG mining councilGeothermal miningThoughts on the Blockstream mining noteHarry's thoughts on regulator vulnerabilities and where the best locations to mine areHow to convince big stat grid operators to start mining BitcoinDoes Hash rate drive price or does price drive hash rateWhen a new high in hash rate might occur. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESHarry Sudock's twitter handleHarry's book recommendation, The GridHarry's company, GriidHave high-quality, sustainably sourced Wild-Caught Seafood delivered right to your door with Wild Alaskan Company. Order today and get $15 off your 1st box of premium seafoodGet help writing your emails, reports, presentations, resumes, blogs today with WordTuneBring your WiFi up to speed with Orbi WiFi 6 from NETGEAR. Save 10% with promo code BILLION10Communicate your ideas in the best way possible with CanvaStart feeling better with a single message. Match with a licensed therapist with Talkspace and get $100 off your first month with the promo code WSBJoin OurCrowd and get to invest in medical technology, breakthroughs in ag tech and food production, solutions in the multi-billion dollar robotic industry, and so much moreUncover thousands of business ideas and discover the steps you need to execute with My First Million. Search My First Million on your podcast appAccess conference calls, investor presentations, transcripts and earnings reports as frictionless as possible with Quartr. Available now on Google PlayCheck out Kraken's industry-leading exchange where you can buy BitcoinCheck out our Investing Starter Packs about business and financeBrowse through all our episodes (complete with transcripts) hereSupport our free podcast by supporting our sponsorsSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Location: Miami Date: Monday 7th June Project: Griid Infrastructure Role: WP of Strategy Bitcoin mining has been subjected to a considerable amount of criticism over recent years, but the number of articles disseminating misinformation has exploded over the last few months. Almost every mainstream media outlet has shared ill-researched hit pieces, and several hugely influential figures, from Elon Musk to Elizabeth Warren, have publicly questioned its energy usage. While the conversation about Bitcoins energy usage is worthwhile, almost all of the criticisms come from a misunderstanding of Bitcoin and the energy sector. However, the reach of these articles is widespread and potentially damaging. To address this FUD, I talk to Harry Sudock, the Vice President of Strategy at Griid. We discuss the energy consumption of Bitcoin mining, energy generation & the power grid and the case for renewable energy.
“The whole energy argument...it doesn't take into account the physics and engineering of how the energy is produced, and it doesn't take into account the economic reality that we are always seeking out lower cost power.”— Harry SudockLocation: MiamiDate: Monday 7th JuneProject: Griid InfrastructureRole: WP of StrategyBitcoin mining has been subjected to a considerable amount of criticism over recent years, but the number of articles disseminating misinformation has exploded over the last few months. Almost every mainstream media outlet has shared ill-researched hit pieces, and several hugely influential figures, from Elon Musk to Elizabeth Warren, have publicly questioned its energy usage. While the conversation about Bitcoins energy usage is worthwhile, almost all of the criticisms come from a misunderstanding of Bitcoin and the energy sector. However, the reach of these articles is widespread and potentially damaging. To address this FUD, I talk to Harry Sudock, the Vice President of Strategy at Griid. We discuss the energy consumption of Bitcoin mining, energy generation & the power grid and the case for renewable energy.This episode's sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware walletRevolut - A better way to handle your money-----WBD361 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
An insider's look at how Bitcoin is making renewable energy sustainable featuring industry veterans Meltem Demirors and Harry Sudock.As big banks, publicly traded corporations and some of the biggest names in finance become increasingly bullish on Bitcoin's prospects, only a few objections really remain. These days on Wall Street it's all about responsible investing as seen through the lens of “Environmental, Social and Governance,” (better known as ESG). On this episode of CoinDesk's “Money Reimagined,” we speak with two of the top minds building out bitcoin mining in the U.S. for an insiders look at the real story on energy, money and sustainability. In this episode we'll speak with Meltem Demirors, chief strategy officer of CoinShares, and Harry Sudock, vice president of Strategy at GRIID.To set the stage, earlier this week on CoinDesk TV, fund manager and “Shark Tank” co-host Kevin O'Leary said Wall Street has to satisfy sustainability reporting requirements before it can buy wholesale into bitcoin. He estimated that only 10% of institutions that wanted to buy had bought in, partly because of climate concerns.He continued, “All of these new providence concerns, which were not on anybody's mind when crypto was simply the purvey of the hedge fund or the retail investor. Now it has to have a new standard. Where did it come from? How was it mined? Was it mined sustainably? How do I know I'm not supporting mining in a country where human rights are abused like China? All of these issues are at the fore for institutional clients.”These are valid questions, but they're certainly not new, much less unanswered. Demirors described the problem as “two facts and two fallacies,” saying:“Fact #1 - Bitcoin mining is highly energy intensive. That is a fact. Bitcoin is the only network that I know of that documents its energy use and is extremely transparent about it, which I think makes Bitcoin a very easy target. It's impossible for you to calculate how much energy the banking industry uses, how much energy the U.S. military uses. Most industries and sectors are very opaque about their energy usage. Bitcoin is not.Fact #2 - A majority of bitcoin miners are located in China. That is still a fact, we are working on changing that but it is a fact.From those two facts, some logical fallacies follow:Fallacy #1 - The logic then goes: Bitcoin miners in China are using dirty, coal-based power. That's actually false and we have proven that to be false through our bitcoin mining research report. We were the first firm in the industry to do this research. We spoke to all of the miners first-hand and did a bottoms-up calculation where we found that 77% of all bitcoin mining done in China was done with renewable energy that would otherwise not be utilized. So that's fallacy number one.Fallacy #2 is that bitcoin mining has an extreme carbon footprint. And that is something that's also provably false, and I think an area that people who care about the bitcoin network are working to provide more data to make that extremely transparent. And then, the last logical, sort of “transitive property sum” that comes out of those four statements… Two facts, two idealogical fallacies is that “Bitcoin is bad,” which is a moral judgment.” Sudock, meanwhile, discussed his experience as a profit-oriented bitcoin miner who was sucked into environmentally responsible mining out of sheer necessity.“We didn't enter this industry with an eye towards becoming a renewable operator. We didn't think that that was sort of our ‘edge,' but what we quickly found through conversations with everybody from very very large, federal energy producers in the U.S. to very small hydro dams that are run by Mom and Pops who can't afford upgrades to their turbines, is that everybody is looking for revenue enhancement strategies that will support the growth and resilience of the energy that they're producing. And the need for those enhancement strategies are particularly acute when you start to look at renewable generation. Those conversations at this point for us are inbound. I spend less time reaching out to energy producers than energy producers spend reaching out to me. And that's a huge change.”All of this and more in this week's episode of CoinDesk's “Money Reimagined.”Image credit: Master Wen/UnsplashSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.