We Study Billionaires - The Investor’s Podcast Network

BTC185: AI Compute with Bitcoin Mining w/ Andrew Edstrom and Jesse Myers (Bitcoin Podcast)

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Jun 5, 2024
Andrew Edstrom, an expert in AI compute and Bitcoin mining, and Jesse Myers, co-founder of OnRamp, dive into the evolving political climate surrounding Bitcoin. They discuss how major parties are adjusting their stances, making "anti-Bitcoin" views politically toxic. The conversation shifts to the exciting synergies between AI training and Bitcoin mining, exploring how their integration could boost efficiency and create economic opportunities. Join them as they dissect the transformative potential of this unique intersection!
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ANECDOTE

Newborn

  • Jesse Myers' wife had a baby after 41 hours of labor.
  • The baby weighed nine pounds, two ounces, and had a large head.
INSIGHT

Bitcoin ETF Impact

  • Bitcoin ETF inflows have exceeded expectations, significantly impacting the market.
  • GBTC outflows initially offset inflows, but the overall trend is positive.
INSIGHT

Ethereum ETF Impact on Bitcoin

  • The approval of Ethereum ETFs without staking or yield is beneficial for Bitcoin.
  • These ETFs are less attractive than Bitcoin or even yield-bearing Ethereum ETFs.
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