By Kimiko Hahn
CoinDesk Podcast Network - THE MINING POD: Bitcoin Mining Post-Halving
Future of Bitcoin Mining 2024 with Shannon Squires, Chief Mining Officer at Compass Mining.
Shannon Squires, Chief Mining Officer at Compass Mining, shares insights on the Bitcoin mining market post-halving. Discussions include mining farm costs, ASIC repair markets, and predictions for summer 2024. Shannon also shares his journey in the industry and Compass Mining's current focus.
Chapter Markers:
00:00 Start
03:02 Shannon intro
06:45 Greenfield vs rack ready sites
08:23 US mining vs global
10:05 Self-taught
11:04 Compass mining move
12:30 Compass business update
14:58 Why has hosting survived?
17:13 The Accelerated program
18:04 How does Accelerated work?
20:18 Facility sizes
22:04 10 megawatts or bust
25:14 Cost per megawatt?
25:42 Transformers are abundant now, right? Right?
27:30 Halving bankruptcies?
28:50 S19 rig bear market
30:38 ASIC sales
32:24 Repair market
35:31 Why are manufacturers training technicians
36:56 Predictions
38:33 $400k per megawatt
Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!
👉 Check out our other shows and content by going to Blockspace.media today.
👉 Watch our newest documentary, The Big Empty!
Follow our host on Twitter, @wsfoxley.
Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!
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"The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
CoinDesk Podcast Network - UNCHAINED: Why Many Democrats, Including the White House, Have Come Around on Crypto
Sheila Warren delves into the political dynamics and regulatory shifts driving the recent regulatory change of heart around crypto.
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Amazon Music, or on your favorite podcast platform.
Sheila Warren, CEO of the Crypto Council for Innovation, joins Unchained to explore the dramatic shift by Democrats in the last few weeks on crypto. She explains why she believes the overturning of SAB 121 and the House vote for the FIT21 bill were both instrumental to the White House's changing view on crypto and may have played a role in the SEC’s surprising approval of spot ETH ETFs.
Having worked for years on passing crypto legislation and as a lifelong Democrat, Sheila describes what kinds of arguments were persuasive to Democratic members of Congress, addresses some criticisms of the FIT21 bill, and gives her perspective on the debate about single-issue voters.
Show highlights:
- The overall attitude toward crypto in Washington going into the House vote on SAB 121 on May 8
- The bipartisan votes in the House and Senate to overturn SAB 121
- Why, by the time of the Senate vote on FIT21, the White House had had a change of heart about crypto
- Why, after the Senate vote to repeal SAB 121, the SEC approved the spot ETH ETFs
- Why Sheila is so proud of the passage in the House of the FIT21 bill
- How Sheila and CCI approached their discussions with Democrats and what arguments they found effective
- Whether the industry has survived the negative image of SBF and FTX
- The sea change in the White House between the SAB 121 vote and the FIT21 vote
- A high-level description of the FIT21 bill
- What kind of authority the bill would give the CFTC over crypto
- What the implications of the bill are for launching tokens
- FIT21’s approach to regulating DeFi and how the FIT21 bill is "kicking the can" on this topic
- The overall political and legislation landscape and the next likely steps for crypto
- Whether the ETF approval changes anything about the SEC’s investigation into Ethereum
- What Sheila thinks about the 'crypto single-issue voter’ debate
Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com
Thank you to our sponsors!
Guest:
- Sheila Warren, CEO of the Crypto Council for Innovation
- Previous appearance on Unchained: Did FTX Ruin Crypto’s Image on Capitol Hill? Two DC Insiders Discuss
Links
- Previous coverage on Unchained of the recent shift in the US political landscape:
- Senator Cynthia Lummis on Why Crypto Now Has Bipartisan Support in Congress
- Bits + Bips: Is US Politics Driving the ETH ETF Approval?
- Why Spot Ether ETFs Are Now Likely to Be Approved on Thursday
SAB 121
FIT21
- CCI: FIT21 Coalition Support Letter
- Unchained: FIT21 Bill Heads to The Senate: Should We Really Be Excited?
- Sheila’s op-ed on Fortune: The clock is ticking for Democrats on crypto
Spot Ether ETFs
Ethereum Foundation investigation
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Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Commentary Magazine Podcast - Is De Niro Biden’s Idea of a Youngster?
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Stuff They Don't Want You To Know - What are Freight Brokers?
Civilization only exists as a result of global trade. Without countless trucks, trains, cargo ships and aircraft, the world as humans understand it will collapse. In tonight's episode, Ben, Matt, and Noel explore a particularly fascinating aspect of global shipping -- the freight brokers. These companies are logistical giants: in theory, they intervene to make sure everything gets from Point A to Point Z in the most efficient manner possible. This evening, we ask: What happens when these industries conspire?
See omnystudio.com/listener for privacy information.
array(3) { [0]=> string(150) "https://www.omnycontent.com/d/programs/e73c998e-6e60-432f-8610-ae210140c5b1/2e824128-fbd5-4c9e-9a57-ae2f0056b0c4/image.jpg?t=1749831085&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }Time To Say Goodbye - Biden’s Disappointing Black Voter Agenda and RIP Bill Walton
Hello!
Today, we talk about Biden’s speech at Morehouse College which should be seen as a preview for his message to Black voters amidst polling results that show he has lost a significant percentage of both the Black and Latino vote.
We also talk about the passing of Bill Walton, activism in the NBA and sports, in general, and what we should think about the social justice basketball moment from 2020 in the bubble when the league and its corporate sponsors wallpapered half of Disney World with social justice slogans.
Enjoy!
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit goodbye.substack.com/subscribe
Focus on Africa - Will Burkina Faso ever become democratic?
The military junta in Burkina Faso extends its military rule for another five years. So does this mean it is consolidating its power?
There have been chaotic scenes in Sierra Leone during the Bar Association’s ballot for a powerful executive, deeply steeped in the country’s politics,
and Gen Z’s desire for promotion in the South African workplace – what are employers doing to accommodate them?
Native America Calling - Wednesday, May 29, 2024 – Native Americans and the Republican Party

CBS News Roundup - 05/29/2024 | World News Roundup
Jurors set to get the Trump hush money case. Strong Texas storms. Merging baseball's record books. CBS News Correspondent Steve Kathan has today's World News Roundup.
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