Published: May 2, 2022, 10 a.m.
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TeraWulf cofounder and CEO Paul Prager joins us to talk about his experience building a vertically-integrated, zero carbon Bitcoin miner. In this installment of the mining miniseries we cover:\\xa0
- Paul\\u2019s career trajectory from coal trading to energy infrastructure to Bitcoin
- Beowulf\\u2019s deal with Marathon and their entry into Bitcoin
- How TeraWulf distinguishes itself from other Bitcoin miners
- Why TeraWulf has an explicit ESG focus
- Zero carbon and how that differs from \\u2018carbon neutral\\u2019
- The importance of being vertically integrated
- How Paul thinks about the halvings and how that affects their business
- TeraWulf\\u2019s facility in upstate NY
- Paul\\u2019s views on NY State\\u2019s approach to Bitcoin mining
- How the Bitcoin mining industry struggles with proactive messaging
- TeraWulf\\u2019s 300 MW nuclear-powered facility in Pennsylvania
- Why Bitcoin is synergistic with nuclear power
- The prospects for nuclear bitcoin mining
- TeraWulf\\u2019s zero-carbon approach and how that manages risk
- TeraWulf\\u2019s plans for growing their hashrate under management
- The characteristics that TeraWulf looks for in new sites
- Will Bitcoin miners develop better transparency around emissions data?
- Why mining is so useful for decarbonization through curtailment programs
- The convergence between the energy sector and Bitcoin mining
- Why vertical integration and zero carbon will prevail in Bitcoin mining long term
- Trends in consolidation Paul expects
- Why vertical integration allows you to manage your risk better than a hosting model
- What public market analysts should be doing when they evaluate miners
Follow Paul on Twitter and learn more about TeraWulf.\\xa0
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