The Future of Bitcoin Mining and Home Heating with Alex Busarov (WiM491)

Alex Busarov joins me to discuss the history of Bitcoin mining, the importance of decentralizing mining, electricity consumption, how the “HeatBit” will impact society’s understanding of Bitcoin, and the future of Bitcoin mining.

Alex Busarov is an entrepreneur and the founder of HeatBit.

// GUEST //
HeatBit: https://heatbit.com/
LinkedIn: https://www.linkedin.com/in/alexanderbusarov/

// SPONSORS //
In Wolf's Clothing: https://wolfnyc.com/
The Farm at Okefenokee: https://okefarm.com/
Heart and Soil Supplements (use discount code BREEDLOVE): https://heartandsoil.co/
Swan Bitcoin: https://www.swanbitcoin.com/breedlove22/

// EVENTS I WILL BE ATTENDING //
Bitcoin 2024: the World’s Largest Bitcoin Conference (use discount code BREEDLOVE): https://b.tc/conference
Pacific Bitcoin 2024 (use discount code BREEDLOVE): https://www.pacificbitcoin.com/

// PRODUCTS I ENDORSE //
Protect your mobile phone from SIM swap attacks: https://www.efani.com/breedlove
Noble Protein (discount code BREEDLOVE for 15% off): https://nobleorigins.com/
The Bitcoin Advisor: https://content.thebitcoinadviser.com/breedlove
Lineage Provisions (use discount code BREEDLOVE): https://lineageprovisions.com/?ref=breedlove_22

// SUBSCRIBE TO THE CLIPS CHANNEL //
https://www.youtube.com/@robertbreedloveclips2996/videos

// OUTLINE //
0:00 - WiM Intro
2:39 - Helping Lightning Startups with In Wolf's Clothing
3:30 - History of Bitcoin Mining
10:56 - Incentives Pushing to Decentralized Mining
20:48 - The Farm at Okefenokee
22:12 - Heart and Soil Supplements
23:15 - The Benefits of Decentralizing Mining
27:54 - Efficiency of HeatBit
30:56 - Electricity Consumption of Mining, Heating, and AC
37:41 - Swan Bitcoin: Set up Instant and Recurring Bitcoin Buys
38:38 - Bitcoin 2024: The Largest Bitcoin and Fintech Conference in the World
39:44 - Impact on Mining Industry
42:34 - Impact on Society’s Understanding of Bitcoin
49:19 - Residential vs Commercial Mining
51:23 - Future of Bitcoin Mining
55:05 - Where to Find Alex Busarov

// PODCAST //
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE
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// WRITTEN WORK //
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/

// SOCIAL //
Breedlove X: https://x.com/Breedlove22
WiM? X: https://x.com/WhatisMoneyShow
Linkedin: https://www.linkedin.com/in/breedlove22/
Instagram: https://www.instagram.com/breedlove_22/
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