What separates Bitcoin mining projects that attract serious capital from those that struggle or fail? In this episode, John Paul Baric, CEO of MiningStore, sits down with Denis Rusinovich, a mining veteran who’s helped shape mining policy, infrastructure, and finance since 2017. Denis reveals what investors are really looking for, why grid integration and regulatory planning are no longer optional, and how Bitcoin mining is evolving into a critical part of the global energy and financial systems. Whether you're building a mine, investing in one, or planning your next move, this episode gives you a rare inside look into how to structure mining projects that survive and thrive over the next decade. Enjoyed the episode? If this conversation brought you new insights, we’d love for you to leave a review, it helps more Bitcoin enthusiasts and professionals discover the show. Have a guest you'd like to hear from or a topic you want us to explore? Drop your suggestions in the comments. We’re building this podcast with and for the mining community. 0:50 Introduction: JP welcomes Denis Rusinovich, highlighting his transition from project finance into Bitcoin mining and his focus on making mining projects bankable. 2:43 Early Lessons: Denis shares how he applied traditional infrastructure finance models to mining operations from day one. 6:35 Making Mining Bankable: Discussion on what changed since 2017, from hostile regulators to growing government acceptance and the importance of regulation. 8:23 Energy and Community Integration: How miners can create value for local grids and communities beyond energy consumption, becoming essential partners. 11:33 Noise, Heat, and Reuse: Real-world challenges with sound, and how heat reuse offers a new advantage for mining sustainability. 20:27 Reframing Mining for Institutions: Denis explains how he separates Bitcoin mining from "crypto" by positioning it as energy infrastructure 28:47 Where to Invest Now: Denis’s views on the best emerging regions for mining, and why midterm diversification is key. 42:28 Regulatory Pitfalls: Live examples from Kazakhstan and Russia showing how governments are tightening Bitcoin revenue controls. 47:30 Tariffs, Synthetic Hashrate, and Future Models: Why host-and-sell models, synthetic hashrate products, and localized manufacturing could reshape the mining landscape. 01:02:14 Banking Mining Projects: How Denis advises clients to structure cashflows and minimize crypto exposure to meet bank compliance standards. 01:05:33 Final Lessons: Avoid single-location risk, embrace the evolving Bitcoin mining model, and stay rational in an emotionally volatile market. Follow JohnPaul Baric X / Twitter: @baricjohnpaul X / Twitter: MiningStore (@miningstore) on X Mining Managed Program by MiningStore is our proven mining formula that delivers constant returns: Bitcoin Managed Mining Program - MiningStore | Bitcoin Mining and Management Earn Bitcoin at a 60% discount with Bitvault: To The Moon | Join the Green Bitcoin Revolution Are you looking for miners, managed mining, or hosting? Book a call: Schedule a Demo - MiningStore | Bitcoin Mining and Management
