Part 7/14:
Reflecting on the evolution of Bitcoin mining, the conversation highlights how the industry has matured over the past decade. From a grassroots movement with hobbyists mining from bedrooms, it has become highly institutionalized with large-scale operations, sophisticated infrastructure, and long-term strategic planning.
The speakers discuss their company's approach to infrastructure—building multi-decade data centers that leverage renewable energy sources—differing from the "shipping container" style rapid deployments that sacrificed long-term stability. Their focus on securing over 3,000 megawatts of power and land years in advance has allowed rapid expansion, with plans to grow from a current hash rate of 5x to 30x in the coming months, and even further.