#457: How a Miner Survives a Bitcoin Bear Market with Drew Armstrong & AJ Scalia
Marty sits down with Drew and AJ from Cathedra to discuss how things have been going in the mining industry.
Cathedra: https://cathedra.com/
0:00 - Intro
5:04 - New York
11:23 - Current doomer status
14:36 - Lessons learned since last bull run
26:24 - Decisions made in 2022
34:20 - Underclocking and maintaining mining efficiency
39:16 - Evaluing mining businesses by hashprice
43:31 - Educating energy providers
48:25 - Cathedra firmware
52:07 - Shifting the bottleneck away from ASICs
58:20 - AI
1:06:46 - Geographic dispersion of hash
1:12:59 - Rising rates and ETFs
1:25:20 - Halvening prediction
1:35:05 - Wrapping up
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