In this episode, Joe Burnett sits down with Asher Genoot, CEO of Hut 8, and Sue Ennis, Head of Investor Relations at Hut 8. They discuss the groundbreaking merger between Hut 8 and US Bitcoin Corp, marking the largest bitcoin mining merger in history. The conversation also covers the impact of ETF approval on Hut, the strategic shift towards diversifying beyond bitcoin mining, and the anticipation surrounding the upcoming bitcoin halving. Additionally, they tackle the implications of J Capital's short report, the future of mining site sizes as the block subsidy decreases, and the potential role of miners in the energy sector.

SUPPORT THE PODCAST:

→ Subscribe

→ Leave a review

→ Share the show out with your friends and family

→ Send us an email podcast@unchained.com

TIMESTAMPS:

00:00:00 Intro

00:01:03 Background—getting into bitcoin mining

00:06:12 Hut 8 <> US Bitcoin Merger

00:11:00 How has the ETF approval changed Hut?

00:12:56 Why diversify out of bitcoin mining?

00:17:12 Halving in ~2 months, excited or concerned

00:20:19 Monitor mining competitors

00:26:12 Will there be another boom bust cycle?

00:33:37 J Capital’s short report

00:39:30 Block subsidy trending to 0—future size of mining sites?

00:47:53 Will miners become a substantial part of energy grids?

00:49:46 What excites you over the next 2-3 years?

WHERE TO FOLLOW US:

→ Unchained Twitter: https://twitter.com/unchainedcom

→ Unchained Linkedin: https://www.linkedin.com/company/unchainedcom 

→ Unchained Newsletter: https://unchained.com/newsletter 

→ Sue Ennis’s Twitter: https://twitter.com/bigsuey

→ Asher Genoot’s Twitter: https://twitter.com/ashergenoot

→ Joe Burnett’s Twitter: https://twitter.com/IIICapital