
Compass Mining
From conversations with industry leaders to sharing internal stories about all things Bitcoin Mining, Compass Mining's episodes are curated to explore the latest in Bitcoin Mining.
As a Bitcoin-first company, Compass Mining supports thousands of customers globally to mine Bitcoin. From enterprise level site-development and operational support via its Accelerated By Compass program to it's minimum-order-quantity Parts Store, Compass is a leader in Bitcoin mining.
Latest episodes

Apr 15, 2025 • 32min
Brad James On Why You Need To Attend Our Bitcoin Mining Meetup At The Space In Denver
In this episode of the Compass Mining Podcast, Brad James joins Jarrett Carpenter to explore Denver’s rise as a growing hub for Bitcoin mining and the vital role of physical spaces in building strong Bitcoin communities. They spotlight the Denver Space, a local, new Bitcoin Citadel that hosts Bitcoin related events like our monthly Technical Bitcoin Mining Operations Meetup!The discussion underscores the importance of face-to-face interaction in a digital-first world and examines how companies like Amazon have reshaped business expectations. Brad also shares key takeaways from his recent trip to Denver, including the power of grassroots community engagement and the evolving future of Bitcoin meetups.Watch on YouTube - https://youtu.be/gP4RfJzkhLo⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️00:00 - Brad's Intro00:45 - Episode Intro01:29 - Brad's Denver Meetup Visit02:05 - Overview of Brad's Denver Experience, Meetup At Space Denver07:50 - Bitcoin Citadels Explored09:05 - Where Are The Bitcoin Citadels?09:51 - Bitcoin Co-working Spaces?10:30 - Bitcoin Businesses Need Physical Communal Spaces11:55 - Planet Fitness & Chamber Of Commerce Network13:37 - Micro Minery Club From The Space Denver14:35 - What is the Micro Minery club?15:08 - The Importance of IRL Connections For Business18:20 - Bitcoin Mining Happens IRL19:53 - When Things Go Wrong In Bitcoin Mining21:05 - The Importance Of Community In Bitcoin Mining24:50 - You Need Patience In Bitcoin Mining, Nothing Happens Overnight25:48 - The Mission/Vision Of Bitcoin Mining Denver Meetup26:43 - Would Brad Recommend The Bitcoin Mining Denver Meetup?Learn more about Mining With Brad - https://www.miningwithbrad.com/Brad James on X - https://x.com/MiningWithBradCompass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining. Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for.--------------------------------------------LISTEN TO OUR SHOW:Spotify - https://spoti.fi/3MXg1o8 Apple - https://apple.co/4goMWQl --------------------------------------------MINE:Start mining your own bitcoins with Compass. https://bit.ly/4eloP36 WATCH: https://bit.ly/3XGkgus --------------------------------------------💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website at https://bit.ly/3XmgmFW and via links below:🔗 About Us - https://bit.ly/3MXgzuc 🔗 Our Facilities - https://bit.ly/3XQXAYI 🔗 Home Mining Guide - https://bit.ly/3Zw6FHu 🔗 Hosted Mining Guide - https://bit.ly/3TCS8pU 🔗 Our Compass Mining Articles - https://bit.ly/3BdVkC3 🔗 Educational Content - https://bit.ly/3TB3qeg 💻 Follow Compass Mining on social media:🔗 X - https://bit.ly/3Y1uLZT 🔗 Linkedin - https://bit.ly/4duOe9P Happy hashing! 🤝

Apr 8, 2025 • 59min
Behind-The-Scenes Of The Bitcoin Mining Museum With The Coin Dad, Lance Smith & Tyler Perras
In this episode of the Compass Mining Podcast, host Jarrett Carpenter sits down with Tobias Barber, also known as The Coin Dad, and the team behind the Bitcoin Mining Museum.They dive into the museum’s origin story, their passion for Bitcoin mining, and the mission to preserve the history of mining technology. The conversation covers the evolution of home mining, the significance of rare and vintage mining equipment, and the lasting impact of early players like Butterfly Labs. Listeners will gain insight into the challenges early miners faced, the future value of collectible hardware, and how mining has shaped the broader Bitcoin ecosystem.The episode also explores the team’s vision for a physical museum space—designed to be an educational hub and community center for Bitcoin enthusiasts. From mining history to future aspirations, this episode is a must-listen for anyone interested in the legacy and future of Bitcoin mining.⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️00:00 - Coin Dad's Episode Intro00:35 - Episode Intro00:54 - Introducing The Bitcoin Mining Museum Team & The Coin Dad03:56 - Lance Smith Intro & Background Story04:26 - Tyler Perras Intro & Background Story06:32 - Bitcoin Mining Museum Background Story08:52 - How Many Miners Are At The Museum?10:56 - What Are The Rarest Miners The Museum Has?13:25 - What Are The Teams' Favorite Rare Miners?31:37 - Is The Bitcoin Mining Museum Looking To Sell Rare Units?35:25 - Finding A Brick & Mortar Is The Next Step For The Museum39:10 - Where Would The Best Site Be For The Bitcoin Mining Museum?41:47 - Ultimate Vision - Bit World Center45:02 - Could Washington DC Be The Spot?46:02 - Could PubCs Sponsor The DC Bitcoin Mining Museum?Follow The CoinDad on X - https://x.com/TheCoinDadFollow Tyler on X - https://x.com/DoDockinFollow Lance on X - https://x.com/LanceHashFollow BMM on X - https://x.com/BTCMiningMuseumBMM / The Coin Dad On Telegram - https://t.me/thecoindadVisit the BMM Website - https://bitcoinminingmuseum.com/Visit Bit World Center website - http://bitworldcenter.com/Compass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining. Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for.--------------------------------------------LISTEN TO OUR SHOW:Spotify - https://spoti.fi/3MXg1o8 Apple - https://apple.co/4goMWQl --------------------------------------------MINE:Start mining your own bitcoins with Compass. https://bit.ly/4eloP36 WATCH: https://bit.ly/3XGkgus --------------------------------------------💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website at https://bit.ly/3XmgmFW and via links below:🔗 About Us - https://bit.ly/3MXgzuc 🔗 Our Facilities - https://bit.ly/3XQXAYI 🔗 Home Mining Guide - https://bit.ly/3Zw6FHu 🔗 Hosted Mining Guide - https://bit.ly/3TCS8pU 🔗 Our Compass Mining Articles - https://bit.ly/3BdVkC3 🔗 Educational Content - https://bit.ly/3TB3qeg 💻 Follow Compass Mining on social media:🔗 X - https://bit.ly/3Y1uLZT 🔗 Linkedin - https://bit.ly/4duOe9P Happy hashing! 🤝

Apr 1, 2025 • 31min
Cindy Feng On Co-Founding BitcoinMiningStock.io | A Bitcoin Mining Stock Alpha Platform
In this episode of the Compass Mining Podcast, Jarrett Carpenter sits down with Cindy Feng, Co-Founder of BitcoinMiningStock.io and they dive into Cindy’s journey in the Bitcoin mining industry and explore the biggest communication challenges public mining companies face when trying to reach investors.Cindy breaks down how her platform is building innovative tools to connect mining companies with the investment community, making data more transparent and accessible. She also shares her vision for the platform’s future and what it means for the broader Bitcoin mining ecosystem.Watch on YouTube - https://youtu.be/C_nzG6VjSr4⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️00:00 - Cindy's Episode Intro00:28 - Episode Intro02:09 - How Cindy Got Into Bitcoin Mining3:07 - Cindy's Position At BitDeer3:25 - Importance Of Marketing In Bitcoin/Bitcoin Mining04:07 - How Old is BitcoinMiningStock.io?04:57 - What Are The Problems BitcoinMiningStock.io Solves?07:11 - What Bitcoin Miners Are Marketing Their Brand Well?10:47 - What Are The Tools BitcoinMiningStock.io Offers?17:00 - Their Unique Business Model19:03 - Cindy's Co-Founder's Background21:47 - Why Should People Sign-Up For The Premium Account?26:05 - What's US Market Marketing Look Like?Visit Website - https://bitcoinminingstock.io/Follow Cindy on X - https://x.com/itsCindyFengFollow Cindy on LinkedIn - https://www.linkedin.com/in/cindyfeng0872/Compass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining. ABOUT COMPASS MINING:⚒️ INCLUSIVE APPROACH: Compass believes that Bitcoin mining should be an opportunity available to everyone. Our tagline, "Now everyone can mine bitcoin," emphasizes this belief.🤝 COMPREHENSIVE SERVICES: We offer a range of services, from providing mining hardware to hosting solutions. This ensures that both novices and experts in the mining field can find tools and resources tailored to their needs.⭐️ WORLD-CLASS FACILITIES: Compass boasts some of the best facilities in the world for Bitcoin mining. These state-of-the-art facilities ensure optimal mining conditions.🔎 EDUCATIONAL CONTENT: Compass is not just about providing mining services. We are also committed to educating the masses about Bitcoin and the mining process. Our platform offers insights, research, and analysis from leading industry analysts.⚡️ MISSION-DRIVEN: Compass is a Bitcoin-first company. Our mission revolves around supporting the decentralized growth of hashrate, strengthening network security, and helping more people understand, explore, and mine Bitcoin.Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for.--------------------------------------------MINE:Start mining your own bitcoins with Compass. https://bit.ly/4eloP36 WATCH: https://bit.ly/3XGkgus --------------------------------------------💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website at https://bit.ly/3XmgmFW and via links below:🔗 About Us - https://bit.ly/3MXgzuc 🔗 Our Facilities - https://bit.ly/3XQXAYI 🔗 Home Mining Guide - https://bit.ly/3Zw6FHu 🔗 Hosted Mining Guide - https://bit.ly/3TCS8pU 🔗 Our Compass Mining Articles - https://bit.ly/3BdVkC3 🔗 Educational Content - https://bit.ly/3TB3qeg 💻 Follow Compass Mining on social media:🔗 X - https://bit.ly/3Y1uLZT 🔗 Linkedin - https://bit.ly/4duOe9P

Mar 24, 2025 • 42min
Toine On How To Get Paid Bitcoin To Heat Your Home With 256 Heat
In this episode of the Compass Mining Podcast, Toine, from 256 Heat, joins Jarrett Carpenter to discuss the intersection of Bitcoin mining and residential heating. Toine shares insights into the unique advantages of mining in Ontario, the inception of 256 Heat, and the innovative products he's designed to repurpose mining heat for home heating. The conversation also explores the challenges and opportunities in scaling the business, the importance of client education, and the future of heat reuse in the Bitcoin mining space.Watch on YouTube - https://youtu.be/DY6zDP5g998⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️00:00 - Toine's Episode Opener00:22 - Episode Intro01:04 - Where's Toine's Located?02:25 - Cheap Energy Up In Canada!04:53 - US Interest In Canadian Bitcoin Mining Set Ups?06:39 - When Did Toine Found 256 Heat?10:38 - What Was Toine's 1st Miner?12:31 - What's Toine's Mining Lab Look Like?18:05 - What Bitcoin Miners Does He Have In His Cabin, Home and Facility?21:34 - How Does Toine Manage Ops Costs24:57 - How Many Clients Does 256 Heat Have?26:22 - 256 Heat's Product Offering31:38 - 256 Heat's Unique Business Model32:34 - What's The Long Term Plan/Goal?Follow Toine on X - https://x.com/TronMonGoneToine's Website - https://256heat.com/Compass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining. ABOUT COMPASS MINING:⚒️ INCLUSIVE APPROACH: Compass believes that Bitcoin mining should be an opportunity available to everyone. Our tagline, "Now everyone can mine bitcoin," emphasizes this belief.🤝 COMPREHENSIVE SERVICES: We offer a range of services, from providing mining hardware to hosting solutions. This ensures that both novices and experts in the mining field can find tools and resources tailored to their needs.⭐️ WORLD-CLASS FACILITIES: Compass boasts some of the best facilities in the world for Bitcoin mining. These state-of-the-art facilities ensure optimal mining conditions.🔎 EDUCATIONAL CONTENT: Compass is not just about providing mining services. We are also committed to educating the masses about Bitcoin and the mining process. Our platform offers insights, research, and analysis from leading industry analysts.⚡️ MISSION-DRIVEN: Compass is a Bitcoin-first company. Our mission revolves around supporting the decentralized growth of hashrate, strengthening network security, and helping more people understand, explore, and mine Bitcoin.Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for.--------------------------------------------LISTEN TO OUR SHOW:Spotify - https://spoti.fi/3MXg1o8 Apple - https://apple.co/4goMWQl --------------------------------------------MINE:Start mining your own bitcoins with Compass. https://bit.ly/4eloP36 WATCH: https://bit.ly/3XGkgus --------------------------------------------💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website at https://bit.ly/3XmgmFW and via links below:🔗 About Us - https://bit.ly/3MXgzuc 🔗 Our Facilities - https://bit.ly/3XQXAYI 🔗 Home Mining Guide - https://bit.ly/3Zw6FHu 🔗 Hosted Mining Guide - https://bit.ly/3TCS8pU 🔗 Our Compass Mining Articles - https://bit.ly/3BdVkC3 🔗 Educational Content - https://bit.ly/3TB3qeg 💻 Follow Compass Mining on social media:🔗 X - https://bit.ly/3Y1uLZT 🔗 Linkedin - https://bit.ly/4duOe9P Happy hashing! 🤝

5 snips
Mar 18, 2025 • 55min
How BIP 360 Prepares To Quantum Proof Bitcoin With Hunter Beast
Hunter Beast, a Bitcoin developer renowned for their work on BIP 360, discusses the looming threat of quantum computing on Bitcoin. The conversation dives into Q-Day, the date when quantum computers might compromise Bitcoin’s cryptographic security. Hunter outlines BIP 360 and the Hourglass proposal as vital responses to this danger while addressing the challenges of implementing these initiatives in a decentralized community. Listeners gain insights into the urgency of quantum-proofing Bitcoin and practical steps to stay secure amid these advancements.

Mar 11, 2025 • 30min
Analyzing Hash Cost, Hash Rate, Hash Price & How To Recession Proof Your Bitcoin Mining Fleet With Nico Smid
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.

Mar 4, 2025 • 19min
3 Things You Should Know About Curtailment With Tatum Cave
In this episode of the Compass Mining Podcast, Tatum Cave joins Jarrett to share the 3 things you should know about curtailment including its definition, the impact of weather conditions, operational challenges faced during curtailment, and the unique role Bitcoin miners play in energy management. They highlight how curtailment can occur during extreme hot and cold weather, the flexibility of Bitcoin miners in responding to grid demands, and the operational implications of curtailment on mining facilities.Watch on YouTube - https://youtu.be/dm4UBkhsqfI⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️00:00 - Tatum's Episode Intro00:58 - What Is Curtailment?03:15 - Under What Conditions, Does The Grid Need Energy?06:10 - What Are Challenges Cold Weather Can Bring To The Mines?11:27 - What Does Curtailment Look Like At Facilities?14:50 - Best Way To Explain Curtailment?What is curtailment? (educational video) - https://youtu.be/MpF0FZPQMJs?si=mOmEVpxgudnfwu3ZFollow Tatum on X - https://x.com/tatumturnupFollow Tatum on YouTube - @TatumTurnUp Compass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining. ABOUT COMPASS MINING:⚒️ INCLUSIVE APPROACH: Compass believes that Bitcoin mining should be an opportunity available to everyone. Our tagline, "Now everyone can mine bitcoin," emphasizes this belief.🤝 COMPREHENSIVE SERVICES: We offer a range of services, from providing mining hardware to hosting solutions. This ensures that both novices and experts in the mining field can find tools and resources tailored to their needs.⭐️ WORLD-CLASS FACILITIES: Compass boasts some of the best facilities in the world for Bitcoin mining. These state-of-the-art facilities ensure optimal mining conditions.🔎 EDUCATIONAL CONTENT: Compass is not just about providing mining services. We are also committed to educating the masses about Bitcoin and the mining process. Our platform offers insights, research, and analysis from leading industry analysts.⚡️ MISSION-DRIVEN: Compass is a Bitcoin-first company. Our mission revolves around supporting the decentralized growth of hashrate, strengthening network security, and helping more people understand, explore, and mine Bitcoin.Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for.--------------------------------------------LISTEN TO OUR SHOW:Spotify - https://spoti.fi/3MXg1o8 Apple - https://apple.co/4goMWQl --------------------------------------------MINE:Start mining your own bitcoins with Compass. https://bit.ly/4eloP36 WATCH: https://bit.ly/3XGkgus --------------------------------------------💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website at https://bit.ly/3XmgmFW and via links below:🔗 About Us - https://bit.ly/3MXgzuc 🔗 Our Facilities - https://bit.ly/3XQXAYI 🔗 Home Mining Guide - https://bit.ly/3Zw6FHu 🔗 Hosted Mining Guide - https://bit.ly/3TCS8pU 🔗 Our Compass Mining Articles - https://bit.ly/3BdVkC3 🔗 Educational Content - https://bit.ly/3TB3qeg 💻 Follow Compass Mining on social media:🔗 X - https://bit.ly/3Y1uLZT 🔗 Linkedin - https://bit.ly/4duOe9P Happy hashing! 🤝

Feb 25, 2025 • 27min
The 5 BIGGEST Takeaways From Undermine 2025 - The HeatPunk Bitcoin Mining Summit With Tyler Stevens
In this episode of the Compass Mining Podcast, Tyler Stevens joins Jarrett Carpenter to discuss the recent Undermined 2025 Heat Punk Summit at the Space Denver.Reflecting on key takeaways, technical insights, cultural observations, and the importance of networking within the Bitcoin mining community, they delve into the challenges and innovations in Bitcoin mining, particularly in relation to heat reuse to highlight the significance of the newly launched book that encapsulates the summit's discussions.Watch on YouTube - https://youtu.be/_COBWGhQEkY⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️00:00 - Tyler's Intro00:35 - Episode Intro01:27 - How Is Tyler Post Summit?02:39 - What's Something Technical Tyler Learned?05:33 - What's Something Cultural That Was A Narrative?07:26 - One Word That Encapsulates The Summit's Vibe08:21 - Someone You Met Who Positively Impacted You 11:01 - What Panel Did You Enjoy The Most?14:05 - What Will You Improve For V2?18:29 - Will HeatPunks Need To Get Together More Than Once A Year?22:03 - How Was Tyler's Book Received?Follow Tyler on X - https://x.com/tylerkstevensGet Tyler's Book - https://braiins.com/booksCompass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining. ABOUT COMPASS MINING:⚒️ INCLUSIVE APPROACH: Compass believes that Bitcoin mining should be an opportunity available to everyone. Our tagline, "Now everyone can mine bitcoin," emphasizes this belief.🤝 COMPREHENSIVE SERVICES: We offer a range of services, from providing mining hardware to hosting solutions. This ensures that both novices and experts in the mining field can find tools and resources tailored to their needs.⭐️ WORLD-CLASS FACILITIES: Compass boasts some of the best facilities in the world for Bitcoin mining. These state-of-the-art facilities ensure optimal mining conditions.🔎 EDUCATIONAL CONTENT: Compass is not just about providing mining services. We are also committed to educating the masses about Bitcoin and the mining process. Our platform offers insights, research, and analysis from leading industry analysts.⚡️ MISSION-DRIVEN: Compass is a Bitcoin-first company. Our mission revolves around supporting the decentralized growth of hashrate, strengthening network security, and helping more people understand, explore, and mine Bitcoin.Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for.--------------------------------------------LISTEN TO OUR SHOW:Spotify - https://spoti.fi/3MXg1o8 Apple - https://apple.co/4goMWQl --------------------------------------------MINE:Start mining your own bitcoins with Compass. https://bit.ly/4eloP36 WATCH: https://bit.ly/3XGkgus --------------------------------------------💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website at https://bit.ly/3XmgmFW and via links below:🔗 About Us - https://bit.ly/3MXgzuc 🔗 Our Facilities - https://bit.ly/3XQXAYI 🔗 Home Mining Guide - https://bit.ly/3Zw6FHu 🔗 Hosted Mining Guide - https://bit.ly/3TCS8pU 🔗 Our Compass Mining Articles - https://bit.ly/3BdVkC3 🔗 Educational Content - https://bit.ly/3TB3qeg 💻 Follow Compass Mining on social media:🔗 X - https://bit.ly/3Y1uLZT 🔗 Linkedin - https://bit.ly/4duOe9P

Feb 20, 2025 • 8min
The Check In | Compass Mining Launches Payment Plans With Karoon Mackenchery
On this week's 'The Check In', Karoon Mackenchery joins Jarrett Carpenter to introduce Compass Mining's newly launched payment plans product that are designed to make Bitcoin mining more financially accessible. These plans allow customers to purchase mining hardware through monthly installments, lowering the upfront cost of entry. The discussion covers how the payment plans are structured, the benefits they provide to customers, and how this initiative supports Compass Mining's mission to deliver greater flexibility and satisfaction to our clients.Watch On YouTube - https://youtu.be/CFl31Fr9W5MKaroon's LinkedIn - https://www.linkedin.com/in/karoon-mackenchery-54119069/Compass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining. ABOUT COMPASS MINING:⚒️ INCLUSIVE APPROACH: Compass believes that Bitcoin mining should be an opportunity available to everyone. Our tagline, "Now everyone can mine bitcoin," emphasizes this belief.🤝 COMPREHENSIVE SERVICES: We offer a range of services, from providing mining hardware to hosting solutions. This ensures that both novices and experts in the mining field can find tools and resources tailored to their needs.⭐️ WORLD-CLASS FACILITIES: Compass boasts some of the best facilities in the world for Bitcoin mining. These state-of-the-art facilities ensure optimal mining conditions.🔎 EDUCATIONAL CONTENT: Compass is not just about providing mining services. We are also committed to educating the masses about Bitcoin and the mining process. Our platform offers insights, research, and analysis from leading industry analysts.⚡️ MISSION-DRIVEN: Compass is a Bitcoin-first company. Our mission revolves around supporting the decentralized growth of hashrate, strengthening network security, and helping more people understand, explore, and mine Bitcoin.Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for.--------------------------------------------LISTEN TO OUR SHOW:Spotify -https://spoti.fi/3MXg1o8 Apple -https://apple.co/4goMWQl --------------------------------------------MINE:Start mining your own bitcoins with Compass.https://bit.ly/4eloP36 WATCH: https://bit.ly/3XGkgus --------------------------------------------💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website athttps://bit.ly/3XmgmFW and via links below:🔗 About Us -https://bit.ly/3MXgzuc 🔗 Our Facilities -https://bit.ly/3XQXAYI 🔗 Home Mining Guide -https://bit.ly/3Zw6FHu 🔗 Hosted Mining Guide -https://bit.ly/3TCS8pU 🔗 Our Compass Mining Articles -https://bit.ly/3BdVkC3 🔗 Educational Content -https://bit.ly/3TB3qeg 💻 Follow Compass Mining on social media:🔗 X -https://bit.ly/3Y1uLZT 🔗 Linkedin -https://bit.ly/4duOe9P

Feb 18, 2025 • 28min
3 Reasons Why The Best Time To Start Bitcoin Mining Was Yesterday With Adam Budd
In this episode, Adam Budd joins Jarrett Carpenter to discuss the current state of Bitcoin mining, emphasizing the importance of getting hash rate online as soon as possible. They explore the competitive pricing of mining equipment, the implications of increasing hash rates, and the potential for supply shocks in the market. Additionally, they provide insights into financial strategies for miners, including tax advantages and the long-term benefits of mining for future generations.Kep Episode Themes:- The price per terahash is still very competitive, making it a good time to invest in mining equipment.- Hash rate is continually increasing, meaning waiting to mine could result in lower rewards.- There was a significant supply shock in 2021, and similar conditions could arise again.- The competition for power in mining is intensifying, especially with the rise of AI and HPC.- Tax advantages exist for miners, particularly when operating through a business entity.- Mining can be a more cost-effective way to acquire Bitcoin compared to purchasing it directly.- The best time to start mining was yesterday, but the next best time is today.⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️00:00 - Adam's Episode Intro00:53 - Adam Just Got More Hash Online Recently With Compass (S19 XPs) 01:08 - Reason 1 - Terahash Is Still Cheap02:50 - Reason 2 - Hashrate Is Increasing06:54 - Reason 3 - Hardware Scarcity08:24 - Lack Of Availability Of Power11:43 - Bitcoin Miners Diversification Into AI/HPC Is Taking Resources Away From Global Hashrate Growth13:24 - Leveraging Taxes To Be A Competitive Miner 16:40 - Perspective Helps Us To Better Understand Why You Should Be Hashing YesterdayReach Out To The Network Firm For Tax Support - https://www.thenetworkfirm.com/Email Adam Today - adam.budd@compassmining.ioAdam's LinkedIn - https://www.linkedin.com/in/adambudd/Compass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining. Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for.--------------------------------------------LISTEN TO OUR SHOW:Spotify - https://spoti.fi/3MXg1o8 Apple - https://apple.co/4goMWQl --------------------------------------------MINE:Start mining your own bitcoins with Compass. https://bit.ly/4eloP36 WATCH: https://bit.ly/3XGkgus --------------------------------------------💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website at https://bit.ly/3XmgmFW and via links below:🔗 About Us - https://bit.ly/3MXgzuc 🔗 Our Facilities - https://bit.ly/3XQXAYI 🔗 Home Mining Guide - https://bit.ly/3Zw6FHu 🔗 Hosted Mining Guide - https://bit.ly/3TCS8pU 🔗 Our Compass Mining Articles - https://bit.ly/3BdVkC3 🔗 Educational Content - https://bit.ly/3TB3qeg 💻 Follow Compass Mining on social media:🔗 X - https://bit.ly/3Y1uLZT 🔗 Linkedin - https://bit.ly/4duOe9P
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