In this episode of the Compass Mining Podcast, Nico Smid joins Jarrett Carpenter to break down the economics of Bitcoin mining, focusing on hash cost, hash price, and profitability strategies. They examine how Bitcoin price volatility and operational expenses shape the mining landscape. Nico shares insights on how miners can stay profitable amidst market shifts and economic downturns. The discussion also covers upcoming mining events and industry feedback on Nico's latest annual 2024 mining report.
Watch on YouTube - https://youtu.be/L55MyLegAwA
⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️
00:00 - Nico's Intro
00:19 - Episode Intro
02:40 - Nico Dives Into Everything Related To Hash Cost
10:23 - Industry Overview
14:25 - Will We Return To Pre-Halving Hash Price?
20:04 - Recession Proof Tips For Your Bitcoin Mining Fleet
24:20 - What's Nico Hoping For Mining Disrupt?
26:00 - Nico Shares Bullish News On His 2024 Bitcoin Mining Report
Follow Nico on X - https://x.com/Smidnico
Follow Nico on LinkedIn - https://www.linkedin.com/in/nicosmid/
Digital Mining Solutions Website - https://digitalminingsolutions.tech/
Digital Mining Solutions on X - https://x.com/DigMinSolutions
2024 Annual Report - https://digitalminingsolutions.tech/2024-annual-review/
HashCost Post On LinkedIn - https://www.linkedin.com/posts/nicosmid_bitcoin-bitcoinmining-hashcost-activity-7300141992800378881-5I3v?utm_source=social_share_send&utm_medium=member_desktop_web&rcm=ACoAABgMXe8BsI9bfIqmV9YVIr4a2Kh-arBocHc
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