In this episode of the Compass Mining Podcast, Nico Smid joins Jarrett Carpenter to break down the economics of Bitcoin mining, focusing on hash cost, hash price, and profitability strategies. They examine how Bitcoin price volatility and operational expenses shape the mining landscape. Nico shares insights on how miners can stay profitable amidst market shifts and economic downturns. The discussion also covers upcoming mining events and industry feedback on Nico's latest annual 2024 mining report.Watch on YouTube - https://youtu.be/L55MyLegAwA⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️00:00 - Nico's Intro00:19 - Episode Intro02:40 - Nico Dives Into Everything Related To Hash Cost10:23 - Industry Overview14:25 - Will We Return To Pre-Halving Hash Price?20:04 - Recession Proof Tips For Your Bitcoin Mining Fleet24:20 - What's Nico Hoping For Mining Disrupt?26:00 - Nico Shares Bullish News On His 2024 Bitcoin Mining ReportFollow Nico on X - https://x.com/SmidnicoFollow Nico on LinkedIn - https://www.linkedin.com/in/nicosmid/Digital Mining Solutions Website - https://digitalminingsolutions.tech/Digital Mining Solutions on X - https://x.com/DigMinSolutions2024 Annual Report - https://digitalminingsolutions.tech/2024-annual-review/HashCost Post On LinkedIn - https://www.linkedin.com/posts/nicosmid_bitcoin-bitcoinmining-hashcost-activity-7300141992800378881-5I3v?utm_source=social_share_send&utm_medium=member_desktop_web&rcm=ACoAABgMXe8BsI9bfIqmV9YVIr4a2Kh-arBocHcCompass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining. Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for.--------------------------------------------LISTEN TO OUR SHOW:Spotify - https://spoti.fi/3MXg1o8 Apple - https://apple.co/4goMWQl --------------------------------------------MINE:Start mining your own bitcoins with Compass. https://bit.ly/4eloP36 WATCH: https://bit.ly/3XGkgus --------------------------------------------💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website at https://bit.ly/3XmgmFW and via links below:🔗 About Us - https://bit.ly/3MXgzuc 🔗 Our Facilities - https://bit.ly/3XQXAYI 🔗 Home Mining Guide - https://bit.ly/3Zw6FHu 🔗 Hosted Mining Guide - https://bit.ly/3TCS8pU 🔗 Our Compass Mining Articles - https://bit.ly/3BdVkC3 🔗 Educational Content - https://bit.ly/3TB3qeg  💻 Follow Compass Mining on social media:🔗 X - https://bit.ly/3Y1uLZT 🔗 Linkedin - https://bit.ly/4duOe9P 

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