INTERVIEW: What You Need To Know About Bitcoin Mining With Shanon Squires

What’s happening in the Bitcoin mining market? Did the halving bring us into a new landscape? And how are miners surviving in such hostile revenue territory? We sit down with Shanon Squires, a long time Bitcoin miner and current Chief Mining Officer at Compass Mining.

Timestamps:

00:00 Start

03:02 Shannon intro

06:45 Green field 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! 

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"The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset.

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