On The Brink with Castle Island

Ben Gagnon (Bitfarms) on Separating Fact from Fiction in Bitcoin Mining (EP. 303)

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Sinopse

Ben Gagnon, the Chief Mining Officer at Bitfarms, joins the show. In this episode we cover: Bitfarms' journey to the public markets in the US Ben's early efforts in flared gas mining How immersion cooling could provide operational efficiencies  Bitfarms' site selection methodology  How Bitfarms secures power originally built for now-departed industries  How Quebec overbuilt electrical infrastructure  The benefit of miners locating themselves in Quebec and scooping up stranded power  How Bitfarms took over a shuttered hockey stick factory  Why Bitfarms is so keen on stranded hydro  How Bitfarms curtails their power usage – and why curtailment makes sense  Finding excess power in Argentina and Paraguay  Does Bitfarms have a low carbon intensity mandate?  Why being pro-renewable is a good business decision  Why Bitfarms isn't focusing on Texas right now  How Bitcoin is the most efficient way to monetize stranded energy assets Bitfarms' criteria for compelling energy resources  The progress of the Bitcoin Mining