Preston Pysh is joined by Bitcoin minor investor and strategic thinker, Harry Sudock. During our show, they talk about the current status of the mining industry and how they’re dealing with an all-time high hash rate combined with prices that are still significantly down. Harry shares his thoughts on the ever-changing policy and legal rules around Bitcoin and Bitcoin mining, and much more.
IN THIS EPISODE, YOU’LL LEARN:
00:00:00 – Intro
00:00:54 – Harry’s thoughts on the massive amount of hash rate that has recently come onto the Bitcoin network.
00:06:52 – Some considerations that many don’t understand about the mining sector that make it so difficult to compete globally.
00:16:25 – Harry’s thoughts on policy and legal changes in the United States.
00:20:37 – Why companies like Shell are now the primary sponsor of the Bitcoin Miami conference.
00:24:25 – What is the biggest road block preventing them from actioning such a strategy?
00:27:08 – What is it going to take to get more energy companies buying Bitcoin infrastructure to strengthen their earnings and delivery of power to the grid?
00:31:11 – A discussion around Trey Kelly’s letter to the TVA power company.
00:35:11 – Harry’s thoughts on Nuclear energy and its impact moving forward.
00:41:33 – Home mining and why it’s so difficult.
✔️ Subscribe to the Preston Pysh channel: https://www.youtube.com/c/PrestonPysh
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🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/bitcoin-fundamentals/energy-sector-and-bitcoin-mining-harry-sudock/
▶️ RELATED EPISODES:
– (BTC036) Bitcoin Mining w/ Harry Sudock: https://link.chtbl.com/BTC036
– (BTC014) Bitcoin Mining and Energy w/ Marty Bent & Harry Sudock: https://link.chtbl.com/BTC014
💡 OTHER RESOURCES
– Connect w/ Harry: Twitter – https://twitter.com/harry_sudock, Nostr – https://bit.ly/3xYWX1k
– Trey Kelly’s letter to the TVA: https://bit.ly/3ZbtWf5
– Visit Grid Mining: https://www.griid.com/
– Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a special $140 discount: https://bit.ly/3WG6WU3
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ABOUT OUR SHOW 🎙
On Bitcoin Fundamentals, Preston Pysh talks about the fundamentals of bitcoin, investing in bitcoin, news, deep dives and more on interviews with prominent people in blockchain technology.
🌍 Website: https://www.theinvestorspodcast.com/bitcoin-fundamentals/
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7 Comments
Great video
Great episode !
Thanks for your videos mate,, TA is all well and good but I find it truly baffling that all major crypto youtubers just look at pure TA and completely Ignore the bigger narrative of why BTC Is pumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major pump at the peaks of BTC.. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market.This is the worst possible time in history to Invest as so many don't back up their crypto assets…more emphasis should be put into day tradiing as It is less affected by the unpredictable nature of the Market..I have made over 22btc from day tradng with Eric McLaren, insights and signals in less than 6 weeks, this is one of the Best medium to backup your assets incase it goes bearish.
Nobody better than Harry (and you) in delivering pure signal in this marketplace! Great interview.
Enjoyed the conversation. The nuclear topic is so important. Hoping you will host more guests to educate us about these newer styles of nuclear power generation. We need this information boiled down for us the way you do so well. Thanks for what you do, Preston!
I appreciate you and your content < Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market. I have made over 24 btc from day tradng with JOELLE FRADSHAM insights and charts. She’s been one step ahead of other analysts…
Excellent interview. I never expected that mining and energy would be the most fascinating part of bitcoin for me. Also, Harry looks like he's streaming in from heaven. 😀