Cleaning Up Coal Waste with Bitcoin Mining | Greg Beard | The Mining Pod
Channel: Compass Mining
Date: 2023-01-31

Today we are joined by Greg Beard, CEO of Stronghold Digital Mining. Greg and I discuss Stronghold’s use of waste coal to clean up Pennsylvania and mine Bitcoin, how Bitcoin mining incentives land reclamation and the mining economics of vertical integration.

https://strongholddigitalmining.com/

Greg Beard: https://www.linkedin.com/in/greg-beard-682047142
Will Foxley: https://twitter.com/wsfoxley


TIMESTAMPS:
00:00 Start
00:28 Intro
01:03 Stronghold business
02:20 Power from coal waste
06:58 Special power plant
12:53 Scale or the problem / solution
17:07 Why Bitcoin mining?
21:21 Mining economics w/ vertical integration
26:04 Subsidies & carbon credits
26:59 Deciding when to switch revenue streams
29:25 Predicting energy price volatility
35:40 Local community reaction
37:15 Environmentalist pushback?
40:17 Bitcoin community reaction
43:31 Hashrate prediction

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