Mark sits down with Frank Holmes, one of the most recognized voices in crypto infrastructure, to go inside the machine room of large-scale Bitcoin mining.

Frank unpacks miner economics after the halving, how power contracts and geography determine winners, and the tech stack from firmware to immersion cooling.

They explore treasury strategy (to HODL or not), AI/ML workloads as a new revenue lane for mining data centers, and the policy landscape shaping energy and proof-of-work. F

rank also shares investor-grade frameworks for evaluating miners, common red flags, and how to think about BTC cycles without getting wrecked by volatility. If you care about the intersection of energy, compute, and sound money, this one’s a blueprint.