BTC119: Merging the Energy Sector with Bitcoin Mining w/ Harry Sudock

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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:
00:00:00 – Intro
00:00:54 – Harry’s thoughts on the massive amount of hash rate that has recently come onto the Bitcoin network.
00:06:52 – Some considerations that many don’t understand about the mining sector that make it so difficult to compete globally.
00:16:25 – Harry’s thoughts on policy and legal changes in the United States.
00:20:37 – Why companies like Shell are now the primary sponsor of the Bitcoin Miami conference.
00:24:25 – What is the biggest road block preventing them from actioning such a strategy?
00:27:08 – 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?
00:31:11 – A discussion around Trey Kelly’s letter to the TVA power company.
00:35:11 – Harry’s thoughts on Nuclear energy and its impact moving forward.
00:41:33 – Home mining and why it’s so difficult.

✔️ Subscribe to the Preston Pysh channel: https://www.youtube.com/c/PrestonPysh
🎧 Listen to our episodes here: https://link.chtbl.com/BTCTIP
🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/bitcoin-fundamentals/energy-sector-and-bitcoin-mining-harry-sudock/

▶️ RELATED EPISODES:
– (BTC036) Bitcoin Mining w/ Harry Sudock: https://link.chtbl.com/BTC036
– (BTC014) Bitcoin Mining and Energy w/ Marty Bent & Harry Sudock: https://link.chtbl.com/BTC014

💡 OTHER RESOURCES
– Connect w/ Harry: Twitter – https://twitter.com/harry_sudock, Nostr – https://bit.ly/3xYWX1k
– Trey Kelly’s letter to the TVA: https://bit.ly/3ZbtWf5
– Visit Grid Mining: https://www.griid.com/
– Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a special $140 discount: https://bit.ly/3WG6WU3

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ABOUT OUR SHOW 🎙

On Bitcoin Fundamentals, Preston Pysh talks about the fundamentals of bitcoin, investing in bitcoin, news, deep dives and more on interviews with prominent people in blockchain technology.

🌍 Website: https://www.theinvestorspodcast.com/bitcoin-fundamentals/

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GET IN TOUCH WITH ME 💬:

I’d love to hear from you! Send me a tweet 🐦 directly at https://twitter.com/PrestonPysh if you’d like to have a quick exchange of thoughts!

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