Dave Perrill, co-founder and CEO of Compute North, a bitcoin mining company based in the US joins the show to discuss why bitcoin mining is a critical part of bitcoin, what are the recent trends in bitcoin mining, is this a good time to invest in bitcoin mining and lots more.
Chapters
00:00 Introduction
01:04 What's your background and how did you start Compute North
05:34 What is bitcoin mining
07:29 What are the trends you are seeing in mining
12:14 Whose a typical customer of Compute North
15:26 What are the products you offer, are they packaged or customized
16:54 Is it a good time to invest in bitcoin mining right now
19:39 What would be a minimum transaction size to invest via Compute North in bitcoin mining
20:20 What would be your estimated ROI
21:42 Can an investment in bitcoin mining get you better returns than investing directly in bitcoin
24:47 Are American miners at a disadvantage compared to Chinese miners due to chip manufacturing in China
27:51 Will bitcoin mining be more profitable in the next few years due to shortage of chips
29:57 Is electricity cheaper in China compared to the US
31:36 Is the institutional interest increasing in bitcoin mining
33:07 What's your take on this narrative that bitcoin consumes too much energy and is bad for the world
35:52 Do miners now have the ability to raise money and so go long on bitcoin
37:43 Tell us about your contract with Nasdaq listed BitDigital
39:05 What are your views on the centralization of mining pools
41:30 Do you do mining for other cryptos besides bitcoin
42:31 What percentage of mining you do for bitcoin vs other cryptos
43:27 What do you feel about Ethereum's update to Proof of Stake which will remove miners
46:18 What are your future plans
47:27 How can someone find you, follow you
Links from this show: https://www.computenorth.com
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