Bitcoin Mining - How to Stay Competitive - JP BARIC

Bitcoin Mining - How to Stay Competitive - JP BARIC

Released Tuesday, 5th April 2022
Good episode? Give it some love!
Bitcoin Mining - How to Stay Competitive - JP BARIC

Bitcoin Mining - How to Stay Competitive - JP BARIC

Bitcoin Mining - How to Stay Competitive - JP BARIC

Bitcoin Mining - How to Stay Competitive - JP BARIC

Tuesday, 5th April 2022
Good episode? Give it some love!
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Today I brought on JP Baric to discuss all things Bitcoin mining including how to maintain a competitive position in the extremely ruthless bitcoin mining space. JP shares how he built his social media empire where he built up a following of over 500k with 40 million+ views. JP also shares how he is developing a new product that will allow the average person to start mining for as little as $100. Lastly, we discuss JP his views on the energy use of Bitcoin and whether Bitcoin mining will have a negative or positive impact on the environment. 

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Guest: JP Baric
- Twitter: https://twitter.com/jpbaric
- Website: MiningStore.com

Host: Dennis Porter
- Twitter: https://twitter.com/dennis_porter_?s=21
- Articles: https://bitcoinmagazine.com/authors/dennis-porter
- Website: SmartPeopleShit.com

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SHOW SPONSOR:

Compass: Compassmining.io
Okcoin: Go.okcoin.com/Dennis

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As a side note, this podcast is not financial advice. Any opinions expressed by the Host and the Guest are strictly for educational and entertainment purposes only and should be viewed as such. This is the first of many episodes and we’re aware we have a lot of room to grow. Feedback is appreciated and we will do our best to evolve with our listeners. 

Thank you for your support!

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Start 00:00
Intro 02:38
Dr. Phil appearance 02:59
Hosting miners 05:54
What does "behind the meter" mean? 11:23
Best state for mining? 12:25
Regulation incentivizes debt growth 15:48
Carbon credits 18:02
Bad for ratepayers, good for BTC? 19:16
China hashrate migration 20:26
Power contract process 22:28
High overhead miners won't survive 25:14
Hashrate prediction 26:44
War & mining in Russia 29:43
$100 to start mining 31:01
New way to issue securities 35:02
When available? 37:39
Influencers 39:00
What's the plan? 43:41
Energy narratives 46:41
Entrepreneurs group 48:19
Messaging to the public 50:15
Load Balancing   53:35

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