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Bitcoin Magazine Podcast


May 6, 2021

This week for the Bitcoin Magazine Podcast, host CK sits down with Mike Colyer the CEO of Foundry a wholly owned subsidiary of DCG focused on Mining in the US. Foundry is making a massive effort to bring hashrate to North America both with physical hardware as well as with building the Foundry Mining Pool.

Mike is extremely proud of how much hashrate is flowing into the US and that Foundry's pool has peaked into the top 5 BTC mining pools as well as Foundry being one of the very first mining pools to signal for Taproot upgrade of Bitcoin.

One of the key ways that Foundry is building out a competitive mining environment in the US is by financing other operations to acquire energy contracts and mining equipment. Foundry understands that nation states will have to build a strategy around Bitcoin mining and he wants to make sure the that hash rate is as evenly distributed around the globe as possible.

Topics:

  1. Mining in north America
  2. Cost per kilowatt in the best geographies
  3. The role of mining in geopolitics.
  4. Volatility in Bitcoin's Hashrate and what that means.
  5. The players in the asic game and the nature of the asic market.
  6. Foundry financing self mining or equipment in North America
  7. How the mining ecosystem evolving over the course of this year.