Riot Blockchain’s 2022: Texas Expansion, ERCOT & S19 XPs | Jason Les | The Mining Pod

In this interview, we discuss competition among Bitcoin miners, building the world’s largest bitcoin mine during Covid, how to think about mining equities, the vertically integrated model, working with ERCOT, deploying S19 XPs and bear market mining strategies. https://www.riotblockchain.com Jason Les: https://twitter.com/jasonles_ Will Foxley: https://twitter.com/wsfoxley
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TIMESTAMPS: 00:00 Start 00:58 Intro 01:50 FTX collapse 03:00 Relationships in the industry 06:48 Miners having trouble 09:11 Bad decisions in mining 14:00 Miner loans and rates 22:20 Building a massive mining site 26:24 Financing expansions 31:21 Risks of mining equity 34:07 The business model of mining 39:44 Working with ERCOT 44:23 ASIC market 49:35 BTC in a broader bear market
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