#062 - Ben Gagnon - Bitfarms
Episode description
Bitcoin mining in 2024 is a whole different ballgame, and nobody knows that better than Bitfarms CEO Ben Gagnon. With Bitcoin smashing past $90K, Ben spills the tea on everything from why Pennsylvania is suddenly the hot spot for miners to how institutional money is finally waking up to the potential of this space. He talks about Bitfarms’ big moves into the U.S., the evolution of capital markets, and what it takes to stay ahead in this wild industry. From energy strategies to Trump’s ripple effects and why this bull cycle hits different, Ben doesn’t hold back on what’s really shaping Bitcoin mining right now.
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00:00 - Intro
01:17 - Ben Gagnon Background
05:31 - Funding Bitcoin Operations
10:15 - Bitcoin Bull Market Insights
12:34 - Mining Stocks Performance Issues
16:07 - Riot's International Expansion Risks
21:54 - Bitfarms' US Expansion Strategy
25:10 - Pennsylvania and Bitcoin Relationship
28:16 - Bitfarms' Team Dynamics
32:04 - Current Buy Mode Status
35:02 - AI in Bitcoin Mining
38:50 - Unspoken Bitcoin Topics
42:44 - Future of Bitcoin