Nico Smid

Nico Smid, founder of Digital Mining Solutions and co-author of their 2024 report, dives into the booming world of Bitcoin mining. He highlights a jaw-dropping 56.7% increase in hash rate this year and discusses the emergence of Ethiopia as a mining powerhouse. The conversation covers regulatory hurdles facing miners in Paraguay and the migration to Argentina and Brazil. Smid also shares insights on upcoming public miner IPOs and bold predictions for 2025, revealing what the future holds for this dynamic industry.

Nico Smid, founder of Digital Mining Solutions and Bitcoin mining economics expert, shares insights into the current state of the industry. He dives deep into key metrics like hash cost and hash price, discussing their impact on miner profitability. Nico offers strategies to help miners navigate economic downturns and manage energy costs effectively. The conversation also touches on future Bitcoin price predictions and trends, as well as the reception of his 2024 mining report, which has generated significant industry interest.