Cleaning Up Coal Waste with Bitcoin Mining | Greg Beard | The Mining Pod

The Mining Pod | Blockspace Media

Jan 31, 2023•45 min•Ep. 139

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Episode description

Today we are joined by Greg Beard, CEO of Stronghold Digital Mining. Greg and I discuss Stronghold’s use of waste coal to clean up Pennsylvania and mine Bitcoin, how Bitcoin mining incentives land reclamation and the mining economics of vertical integration.

https://strongholddigitalmining.com/

Greg Beard: https://www.linkedin.com/in/greg-beard-682047142

Will Foxley: https://twitter.com/wsfoxley

TIMESTAMPS:

00:00 Start

00:28 Intro

01:03 Stronghold business

02:20 Power from coal waste

06:58 Special power plant

12:53 Scale or the problem / solution

17:07 Why Bitcoin mining?

21:21 Mining economics w/ vertical integration

26:04 Subsidies & carbon credits

26:59 Deciding when to switch revenue streams

29:25 Predicting energy price volatility

35:40 Local community reaction

37:15 Environmentalist pushback?

40:17 Bitcoin community reaction

43:31 Hashrate prediction

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