HashrateUp - A Bitcoin Mining Podcast

Jesse

HashrateUp is a podcast that delves into Bitcoin mining and exciting projects, utilizing hashrate production to unlock new potentials in the broader energy industry. From details about innovative mining operations to exciting applications powered by classic energy resources, we’ll discuss the various ways the Bitcoin network is powered and its impact on the environment. Join us as we talk with industry experts, researchers, and thought leaders to understand how Bitcoin is shaping the future of power and investigate the energy challenges and opportunities Bitcoin and its ecosystem bring to the table. Whether you are an industry professional, thought leader, or…

  1. 13H AGO

    The West Texas Loophole Bitcoin Miners Are Exploiting w/ Chris Alfano

    🔗 Chris Alfano: Website: https://360energyco.com LinkedIn: https://www.linkedin.com/in/christopher-alfano-a195a058/ X (Twitter): https://x.com/chrisallfano In this episode of HashrateUp, Jesse sits down with Chris Alfano, CEO of 360 Energy, to break down one of the most overlooked power cost advantages in Bitcoin mining: negative-priced natural gas in West Texas. Chris explains why the Waha Hub has traded at negative prices 70% of the time over the last three years, what's driving that structural imbalance in the Permian Basin, and how Bitcoin miners can co-locate at stranded gas sites to access energy costs that go below zero. The conversation covers 360 Energy's origin story, two and a half years of off-grid R&D, their APEX gas offtake model, and the contrarian case for deploying into Bitcoin mining right now while the rest of the industry pivots to AI. Whether you're an operator looking for your next marginal cost of power or a miner sitting on older-generation ASICs wondering where to redeploy them, this episode lays out a concrete playbook for mining profitably in a low hash price environment. 0:00 Introduction & 360 Energy background 7:00 Raising $6M in 2021 and the school of hard knocks 15:51 The AI pivot and the contrarian case for Bitcoin mining 22:00 Why West Texas gas trades negative: Permian Basin explained 28:24 $1,800/day revenue per 1.2 MW just for consuming gas 35:48 ASIC redeployment: off-grid sites as a hospice for older miners 43:13 Scale, service model, and rapid fire questions 🛠 Sponsored by: SoloMining – Home & solo mining made easy Code: HASHRATEUP https://solomining.de Altair Technology – Buy Bitcoin Mining Solutions Code: HASHRATEUP https://altairtech.io 📲 HashrateUp Hardware Deals Telegram: https://t.me/hashrateup 📩 HashrateUp Newsletter https://hashrateup.com/newsletter-sign-up/ #BitcoinMining #OffGridMining #NegativeEnergyPrices #WestTexas #HashrateUp #ASIC #BitcoinMiner

    51 min
  2. 4D AGO

    CoinShares: 1 in 5 Bitcoin Miners Is Unprofitable Right Now [NEWS]

    In this episode of HashrateUp, Jesse breaks down the latest Bitcoin mining news -- from hash price and difficulty trends to public miner financials, Bhutan's Bitcoin sell-off, AI competition for power, and new developments from Luxor, Tether, and the solo mining community. What are public miners actually paying to produce one Bitcoin once you factor in salaries, financing, and overhead beyond the electricity bill? Jesse challenges the "3.8 cents all-in" narrative from Riot's Q1 2026 report and questions whether large-scale miners are truly profitable at current prices. Also covered: CoinShares estimates up to 20% of miners are now below breakeven, Bhutan has offloaded 70% of its Bitcoin reserves in 18 months, and Anthropic's multi-gigawatt compute deal is intensifying competition for cheap power across the U.S. On the innovation side: Tether and Canaan are developing modular mining infrastructure that separates compute from power and enclosure, Luxor has committed to a $100M MicroBT hardware purchase alongside a new miner OS for the M50 series, and the Parasite Pool mined its second block just 48 days after its first. 0:00 Hash price, difficulty & mempool update 1:47 Seal Miner A4 & Riot sells BTC to fund AI pivot 2:22 What public miners actually pay to produce 1 BTC 3:51 Bhutan sold 70% of its Bitcoin in 18 months 5:57 AI is competing for miners' cheap power (Anthropic) 7:17 CoinShares: 20% of miners unprofitable 8:51 Parasite Pool mines 2nd block in 48 days 9:59 Hut 8, Tether x Canaan & Luxor x MicroBT 🛠 Sponsored by: SoloMining -- Home & solo mining made easy Code: HASHRATEUP https://solomining.de Altair Technology -- Buy Bitcoin Mining Solutions Code: HASHRATEUP https://altairtech.io 📲 HashrateUp Hardware Deals Telegram: https://t.me/hashrateup 📩 HashrateUp Newsletter https://hashrateup.com/newsletter-sign-up/ #BitcoinMining #BitcoinNews #HashPrice #MiningNews #HashrateUp

    13 min
  3. MAY 1

    This Esports Giant Is Quietly Building a Bitcoin Empire w/ Carl Agren

    🔗 Carl Agren: LinkedIn: https://www.linkedin.com/in/carl-agren-6921068/ 🔗 NIP Group: Website: https://miningninjas.com Investor Relations: https://nipg.com In this episode of HashrateUp, Jesse sits down with Carl Agren, CEO of Mining and Digital Assets at NIP Group, to explore how one of the world's most iconic esports brands quietly built 11.3 EH/s of Bitcoin mining across multiple global jurisdictions. Carl breaks down the deal structure behind NIP's mining buildout, why the company is staying focused on Bitcoin rather than chasing the AI data center hype, and what makes the AI pivot so dangerous for public miners who don't understand liquidated damages. He also shares his outlook on hash price, why he models NIP's strategy after CleanSpark, and where the company is hunting for stranded energy opportunities next. 0:00 Intro: From Counter-Strike fan to interviewing NIP's mining CEO 1:00 How NIP went from esports to 11.3 EH/s of Bitcoin mining 3:45 Carl's background: co-founding G42 and the Phoenix Group IPO in Abu Dhabi 4:31 The AI pivot debate: why NIP is staying selective and not jumping on the bandwagon 7:43 AI power demand: 400 GW needed for AGI, data center cancellations, community pushback 13:45 Why long-term Bitcoin mining thinking is nearly impossible for public companies 15:40 NIP's current strategy: lean operations, energy arbitrage, stranded power opportunities 18:00 Hash price outlook, the rainbow curve, and Bitcoin by end of 2026 26:49 Rapid fire: BTC price, CleanSpark, hydro vs immersion, HODL vs yield 🛠 Sponsored by: SoloMining – Home & solo mining made easy Code: HASHRATEUP https://solomining.de Altair Technology – Buy Bitcoin Min

    30 min
  4. APR 26

    From Repair Shop to 100 MW Site Operator w/ Paul Palmer

    🔗 Paul Palmer (SustainHash):X (Twitter): https://x.com/sustainhashWebsite: https://www.sustainhash.comEmail: paul@sustainhash.comIn this episode of HashrateUp, Jesse sits down with Paul Palmer, Chief Revenue Officer at SustainHash, to break down how a small Canadian repair company scaled to over 100 MW under site management in just a few years.Paul covers what it actually takes to win and run large-scale Bitcoin mining sites: from SLAs and daily client reporting to hiring the right people across four jurisdictions. He also explains why steady O&M revenue beats the repair model, how SustainHash structured their warranty program, and where new mining capital is still coming from despite the AI pivot narrative.Whether you're an operator, an investor, or just curious what happens inside a Bitcoin mine every day — this episode gives you the full picture.0:00 Introduction – Paul Palmer & SustainHash2:18 From 5 MW to 100 MW – what drove the growth4:55 Winning the 40 MW contract against larger competitors11:26 SLAs, uptime targets and daily client reporting15:36 Hardest sites to operate – and why it's not the weather20:00 AI vs Bitcoin mining – where new capital is going28:38 SustainHash's warranty program explained31:14 Rapid fire questions🛠 Sponsored by:SoloMining – Home & solo mining made easyCode: HASHRATEUPhttps://solomining.deAltair Technology – Buy Bitcoin Mining SolutionsCode: HASHRATEUPhttps://altairtech.io📲 HashrateUp Hardware DealsTelegram: https://t.me/hashrateup📩 HashrateUp Newsletterhttps://hashrateup.com/newsletter-sign-up/

    34 min
  5. Why Oil Companies Are Quietly Mining Bitcoin w/ Stephen Barbour

    APR 2

    Why Oil Companies Are Quietly Mining Bitcoin w/ Stephen Barbour

    🔗 Steve Barbour: X (Twitter): https://x.com/SGBarbourLinkedIn: https://www.linkedin.com/in/stephen-barbour-3b6b3092/Upstream Data: https://upstreamdata.ca Steve Barbour, founder of Upstream Data, has been building off-grid Bitcoin mining infrastructure for oil and gas companies since 2017. In this episode, Jesse sits down with Steve to explore why oil companies are now self-mining Bitcoin, how the secondary ASIC market is finding a home in the oilfield, and what portable infrastructure really means for the future of mining. They dig into Steve's three-bear-market journey building Upstream Data, why he added VFDs and generator packages to straddle both the Bitcoin and oil field services markets, and what the AI pivot actually means for miners who stayed flexible. Steve also shares why he believes Bitcoin belongs at the edge — and why the big miners who built fixed grid facilities may have made a costly mistake. Whether you're an operator, an energy professional, or a serious Bitcoiner, this episode is packed with ground-level insight from someone who has been doing oilfield Bitcoin mining longer than almost anyone. 🛠 Sponsored by: Hashbranch – Hosting & hardware made simple Code: HASHRATEUP100 https://hashbranch.com SoloMining – Home & solo mining made easy Code: HASHRATEUP https://solomining.de Altair Technology – Buy Bitcoin Mining Solutions Code: HASHRATEUP https://altairtech.io 📲 HashrateUp Hardware Deals Telegram: https://t.me/hashrateup 📩 HashrateUp Newsletter https://hashrateup.com/newsletter-sign-up/

    54 min

About

HashrateUp is a podcast that delves into Bitcoin mining and exciting projects, utilizing hashrate production to unlock new potentials in the broader energy industry. From details about innovative mining operations to exciting applications powered by classic energy resources, we’ll discuss the various ways the Bitcoin network is powered and its impact on the environment. Join us as we talk with industry experts, researchers, and thought leaders to understand how Bitcoin is shaping the future of power and investigate the energy challenges and opportunities Bitcoin and its ecosystem bring to the table. Whether you are an industry professional, thought leader, or…

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