Plamenko is joined by Michael in Houston, TX during Empower 2023 presented by Digital Wildcatters. Michael shares his background into Bitcoin mining, how to scale a mining operation successfully, the highs and lows of bull and bear markets, and the cyclical nature of self-improving.   Michael is the Co-Founder and VP of Sales at AsicXchange, a company that specializes in the sale of crypto mining equipment. AsicXchange has an outstanding reputation in the mining industry, having helped many businesses successfully scale their operations.   SUPPORT On-Chain BTC Wallet: 38yjk4PN9fyXyzrz34m2G3Rs8FVaafZYXa Lightning Wallet Address: ghastlybeast15@walletofsatoshi.com   EPISODE LINKS ASICXchange Website: https://asicxchange.com/ ASICXchange Telegram: https://t.me/AsicXchangeStore   PODCAST LINKS Spotify: https://open.spotify.com/show/0Pi60eXnxVK7Y7olWpmzNo?si=f7e256ad7c584ddb Apple Podcasts: https://podcasts.apple.com/us/podcast/stackin-sats/id1669828369 RSS: https://feed.podbean.com/stackinsats/feed.xml Full Episode Playlist: https://youtube.com/playlist?list=PLZVMR1eHq9HsuayGJ2epKxAkxZrFWY2Hg Episode Clips Playlist: https://youtube.com/playlist?list=PLZVMR1eHq9HsJ5RgwH1bQ0tMopUm5rlpR   INQUIRIES Email: hello@fourspacemining.com Telegram: https://t.me/plamenko_4space Nostr: npub13qp4c97ww2u3877xnanmwwrwr5wtuxnu2wc5lca5tjgmqz5d5zyq5eeeqf TIMESTAMPS (0:00) - Intro (2:03) - Judo, Weightlifting and Personal Responsibility (11:03) - The Virality of Bitcoin (14:24) - Michael's Background in Bitcoin (19:45) - Hydro Mining in Canada 2017 (27:59) - Michael Begins 36MW Project (33:53) - Procuring Large Orders of ASICs (35:56) - Bitcoin Crash of 2018 and Preparing for Bear Market (40:07) - Ecosystem of ASIC Sales (46:12) - Dos And Donts of Purchasing ASICs (54:28) - What To Do When You Make a Bad Deal (1:01:50) - Global Ecosystem of Bitcoin Mining (1:06:20) - Sustainable Models of Bitcoin Mining (1:10:51) - Failing System of Fiat Currency (1:17:06) - Outro & Last Words   WEBSITE & SOCIAL LINKS Website: https://fourspacemining.com/ LinkedIn: https://www.linkedin.com/in/plamenkovasic/ Telegram: https://t.me/fourspacemarketplace Reddit: https://www.reddit.com/user/4SpaceMining/