The Last Trade E026: Mining for Talent in Bitcoin with Andy Thompson
November 17, 2023
The Last Trade is a weekly market and macro show from Onramp Media, hosted by Marty Bent, Jesse Myers and Michael Tanguma with a rotating guest. This episode features Andy Thompson of Bitcoin Talent Co on mining and hiring. Onramp Media produces the series.
On this episode of The Last Trade, from Onramp Media, hosts Marty Bent, Jesse Myers and Michael Tanguma welcome Andy Thompson of Bitcoin Talent Co. The discussion looks at the state of bitcoin mining, the strategies operators use, and energy integration, alongside whether Satoshi anticipated energy money. The conversation also covers hiring in a high-growth industry, infrastructure competition with AI, and the ESG debate. The Last Trade is editorial commentary from Onramp Media and is not investment advice.
Chapters
0:00 - Intro 1:56 - State of mining 15:40 - Mining is brutal 24:35 - Sound strategies 33:04 - Energy integration and other innovations 43:29 - Did Satoshi foresee energy money? 56:43 - Bitcoin UX 59:02 - Message from Onramp 59:27 - High growth industry 1:05:44 - Bitcoin is the only worthwhile POW 1:17:00 - Infrastructure competition with AI 1:22:06 - Human flourishing vs ESG 1:30:17 - Rome didn’t think it would fall 1:36:11 - BTC Talent Co
Frequently Asked Questions
Who is the guest on The Last Trade episode 26?
Andy Thompson of Bitcoin Talent Co joins hosts Marty Bent, Jesse Myers and Michael Tanguma (1:36:11).
What does the episode say about the state of mining?
The conversation covers the state of bitcoin mining, its challenges, and sound operating strategies (01:56, 15:40, 24:35).
Does the episode discuss energy?
Yes. The group discusses energy integration and innovations and whether Satoshi foresaw energy money (33:04, 43:29).
What does the episode say about hiring in bitcoin?
Thompson discusses hiring in a high-growth industry and infrastructure competition with AI (1:05:44, 1:17:00).
This episode is editorial and educational content. Onramp does not provide tax, legal, or investment advice. Bitcoin is volatile and may lose value. Past performance does not guarantee future results.