THE MINING POD: Bitcoin Mining Post-Halving

Future of Bitcoin Mining 2024 with Shannon Squires, Chief Mining Officer at Compass Mining.

Shannon Squires, Chief Mining Officer at Compass Mining, shares insights on the Bitcoin mining market post-halving. Discussions include mining farm costs, ASIC repair markets, and predictions for summer 2024. Shannon also shares his journey in the industry and Compass Mining's current focus.

Chapter Markers:

00:00 Start

03:02 Shannon intro

06:45 Greenfield vs rack ready sites

08:23 US mining vs global

10:05 Self-taught

11:04 Compass mining move

12:30 Compass business update

14:58 Why has hosting survived?

17:13 The Accelerated program

18:04 How does Accelerated work?

20:18 Facility sizes

22:04 10 megawatts or bust

25:14 Cost per megawatt?

25:42 Transformers are abundant now, right? Right?

27:30 Halving bankruptcies?

28:50 S19 rig bear market

30:38 ASIC sales

32:24 Repair market

35:31 Why are manufacturers training technicians

36:56 Predictions

38:33 $400k per megawatt

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

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"The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz. 

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