Ordinal Hashrate Bonds | James McAvity | The Mining Pod

Today we are joined by James McAvity, CEO of Cormint about their new yield product, immersion, and the realities of mining in Texas.

https://cormint.com

James: https://twitter.com/jamesmcavity

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

TIMESTAMPS:

00:00 Start

01:12 James background

02:43 Cormint background

05:07 Why immersion?

06:44 Balance Sheet

08:47 Yield on BTC

10:47 Yield product details

13:38 Wind power + debt

16:56 Why not more traditional capital raise?

19:26 Ordinal war bond

21:02 Community response to ordinals

24:26 IPO?

27:38 Future of Texas energy

31:42 ERCOT, heat, dust.. oh my!

34:55 Wrap

36:23 Dogecoin is the final boss

MINE

Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1

WATCH https://youtube.com/c/CompassMining?sub_confirmation=1

LISTEN

Apple Podcasts https://apple.co/3fNfrdi

Spotify https://spoti.fi/3tSf9G1

Amazon https://amzn.to/3557cqg

Anchor https://bit.ly/3rmb7UF

Fountain https://bit.ly/3NeNTec

RSS https://bit.ly/3chpULV 

LEARN

Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD

FOLLOW

Twitter: https://twitter.com/compass_mining

LinkedIn: https://www.linkedin.com/company/compassmining

Learn more about your ad choices. Visit megaphone.fm/adchoices