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Getting a grid connection for $BTC mining got hard. Two or three years ago it wasn't. Filmed at a GoMining site in West Texas, Jared (CEO of GoMining North America Division) makes the point: the competition now is hyperscalers. They want the same large sites, they have deeper pockets,...

819,329 views • 13 days ago •via X (Twitter)

28 Comments

GoMining's profile picture
GoMining13 days ago

Mine $BTC without fighting for a grid connection 👇

Ed Carter's profile picture
Ed Carter13 days ago

Well said Jared.

Wagie's profile picture
Wagie13 days ago

when ai compute pays ten times more per megawatt miners are just always going to get pushed into the weird leftover pockets

Grid Gaming's profile picture
Grid Gaming13 days ago

Hardware depreciates predictably, so it never creates a durable moat. The real bottleneck is structuring flexible off-take agreements on substations before industrial buyers lock down the capacity.

𝓝𝓮𝓧𝓸𝓻𝓪_𝓲𝓠's profile picture
𝓝𝓮𝓧𝓸𝓻𝓪_𝓲𝓠13 days ago

competition from hyperscalers makes site access even tougher now

Keith Reddy's profile picture
Keith Reddy13 days ago

Where next then?

FA24's profile picture
FA2413 days ago

Hello you took money from me 3 months ago and support is not answering. They told me 5 times “they pass information to our specialist” and i dont get any answer. If you dont pay me back i will sue you and keep posting this message.

Dufi 💋's profile picture
Dufi 💋13 days ago

Facts

Web3 Young's profile picture
Web3 Young13 days ago

home setups never stood a chance

Big Bev 🐆's profile picture
Big Bev 🐆13 days ago

Miners thrive on stranded gas in nowhere. Data centers need civilization.

MiningChefSteph ⛏️💨💰's profile picture
MiningChefSteph ⛏️💨💰13 days ago

I love these kindsa videos showing me where my money is working 🤝

໊'s profile picture
໊13 days ago

utilities just want investment grade credit

Yeti's Spa's profile picture
Yeti's Spa13 days ago

Spot on right here

DeGameX's profile picture
DeGameX13 days ago

He knows his stuff.

Open World: The Lost Land⚔🛡's profile picture
Open World: The Lost Land⚔🛡13 days ago

맞는 말

Booba TV's profile picture
Booba TV13 days ago

太真实了

MetaMerce's profile picture
MetaMerce13 days ago

Electricity. Hyperscalers outbid miners on power every time. Just scraps left.

Rich's profile picture
Rich13 days ago

Based take

N3ighbors by Benzilla's profile picture
N3ighbors by Benzilla13 days ago

Bidding against infinite money cloud monopolies for local substation voltage is basically over before it even starts bro

0xTdot's profile picture
0xTdot13 days ago

Accurate read on this

Sicko's profile picture
Sicko13 days ago

Agreed

Chee Nakamoto's profile picture
Chee Nakamoto13 days ago

Both. @Grok, do you think AI competition also affects bitcoin:native mining growth?

Javi.Q 🫟's profile picture
Javi.Q 🫟13 days ago

Definitely power Competing with AI data centers for energy changed the entire game

3P's profile picture
3P13 days ago

Electric bills under Biden broke us?

Nathan Croke's profile picture
Nathan Croke13 days ago

I think energy is the big hurdle at the moment. Bitcoin mining and node hosting has the ability to leverage remote energy because it doesn't require the same latency. Geothermal energy in colder regions seems like a wise path to me.

Cards 'n Stripes News's profile picture
Cards 'n Stripes News13 days ago

Hard to argue that.

Sondra Eddington's profile picture
Sondra Eddington13 days ago

I love when you talk logic

Hexa's profile picture
Hexa13 days ago

Pure alpha as always

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