In this episode, Josh Solesbury joins the show to discuss the bitcoin mining landscape, the ongoing transition to AI/HPC, and the future of the industry. We also delve into industry bottlenecks, the risks of transitioning to AI, and much more. Enjoy!

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Timestamps:

(00:00) Introduction

(02:32) Josh's Background

(03:52) Overview Of The Bitcoin Mining Landscape

(10:44) Bitcoin Mining Cyclicality

(12:55) Industry Consolidation

(16:18) Differentiating Miners

(22:39) Miner Transition To AI/HPC

(36:44) Ads

(38:53) Miner Transition To AI/HPC (Continued)

(42:09) Chips & Bottlenecks

(49:18) Why Don't Miners Abandon Bitcoin For AI?

(59:18) CoreWeave & Core Scientific

(01:04:30) Risks To Transition To AI/HPC

(01:07:55) The Future Of The Mining Industry

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Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.