BTC119: Merging the Energy Sector with Bitcoin Mining w/ Harry Sudock

Preston Pysh is joined by Bitcoin minor investor and strategic thinker, Harry Sudock. During our show, they talk about the current status of the mining industry and how they're dealing with an all-time high hash rate combined with prices that are still significantly down. Harry shares his thoughts on the ever-changing policy and legal rules around Bitcoin and Bitcoin mining, and much more. IN THIS EPISODE, YOU’LL LEARN: 00:00:00 - Intro 00:00:54 - Harry's thoughts on the massive amount of hash rate that has recently come onto the Bitcoin network. 00:06:52 - Some considerations that many don't understand about the mining sector that make it so difficult to compete globally. 00:16:25 - Harry's thoughts on policy and legal changes in the United States. 00:20:37 - Why companies like Shell are now the primary sponsor of the Bitcoin Miami conference. 00:24:25 - What is the biggest road block preventing them from actioning such a strategy? 00:27:08 - What is it going to take to get more energy companies buying Bitcoin infrastructure to strengthen their earnings and delivery of power to the grid? 00:31:11 - A discussion around Trey Kelly's letter to the TVA power company. 00:35:11 - Harry's thoughts on Nuclear energy and its impact moving forward. 00:41:33 - Home mining and why it's so difficult. ✔️ Subscribe to the Preston Pysh channel:    / prestonpysh   🎧 Listen to our episodes here: https://open.spotify.com/show/28RHOkX... 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/b... ▶️ RELATED EPISODES: (BTC036) Bitcoin Mining w/ Harry Sudock: https://link.chtbl.com/BTC036 (BTC014) Bitcoin Mining and Energy w/ Marty Bent & Harry Sudock: https://open.spotify.com/episode/3n5O... 💡 OTHER RESOURCES Connect w/ Harry: Twitter -   / harry_sudock  , Nostr - https://bit.ly/3xYWX1k Trey Kelly's letter to the TVA: https://bit.ly/3ZbtWf5 Visit Grid Mining: https://www.griid.com/ Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a special $140 discount: https://bit.ly/3WG6WU3 ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ABOUT OUR SHOW 🎙 On Bitcoin Fundamentals, Preston Pysh talks about the fundamentals of bitcoin, investing in bitcoin, news, deep dives and more on interviews with prominent people in blockchain technology. 🌍 Website: https://www.theinvestorspodcast.com/b... ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN OR WATCH 🎧 OTHER SHOWS FROM OUR NETWORK: 📚 Dive into value investing and learn more about billionaires on We Study Billionaires: https://bit.ly/3dklKWR 🏆 Learn from high-profile guests on how to succeed in markets and life on Richer, Wiser, Happier: https://bit.ly/3p3pcHZ 💸 Get introduced to the world of investing and business on Millennial Investing: https://bit.ly/3QakOTf 🏘 Learn the ins and outs of real estate investing on Real Estate 101: https://bit.ly/3JDBXm1 💰 Learn everything you need to know about investing on The Investor’s Podcast Network:    / theinvestorspodcastnetwork   ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ OUR FREE INVESTING COURSES/RESOURCES: 🎤 Watch Preston’s interviews about bitcoin: https://www.theinvestorspodcast.com/c... 📧Stay up-to-date on financial markets and investing strategies with our daily newsletter, We Study Markets: https://www.theinvestorspodcast.com/n... 📱Check out our hosts’ favorite apps and services for investing, personal finance, and education: https://www.theinvestorspodcast.com/a... 🎬 Warren Buffet Investing Course: https://www.theinvestorspodcast.com/w... 🔥 If that is not enough: https://www.theinvestorspodcast.com/t... MY FAVORITE STOCK INVESTING TOOLS: 💲 (Paid) TIP Finance Tool: https://www.theinvestorspodcast.com/t... 🎁 (Free) Fizviz: https://finviz.com/screener.ashx ☑️Complete list of tools I find most valuable: https://www.theinvestorspodcast.com/s... ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ GET IN TOUCH WITH ME 💬: I’d love to hear from you! Send me a tweet 🐦 directly at   / prestonpysh   if you’d like to have a quick exchange of thoughts! ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.