On The Brink with Castle Island

Brian Venturo is the CTO of CoreWeave, the largest North American GPU miner, which also doubles as a cloud infrastructure firm for general computation. In this episode:  How Brian went from hobbyist Ethereum mining to wielding a fleet of 50,000 GPUs How Core Weave was able to cheaply acquire GPUs from insolvent mining farms The implications of the Ethereum DAG file growing beyond 4 GB and its effect on miners The effect of the looming PoS transition on miner decision-making Why Core Weave specifically limited their GPU fleet to NVIDIAs with more memory Brian's stance on Ethereum's transition to Proof of Stake Are miners pro-cyclical or counter-cyclical? Does Core Weave hold inventory in the coins they mine or do they divest them immediately? Brian's options based model for pricing hardware The mini gold rush happening in publicly traded mining firms Brian's opinion on hashrate swaps or derivatives How Core Weave is transitioning from purely mining based to public cloud services The feasibility of GPU miners