Bitcoin Mining Success Secrets w/ Nico Smid

We Dive Into
🔹 Starting small and scaling smart in mining
🔹 Geographic strategy: US stability + South American seasonality
🔹 Selling BTC at highs to cover ops and build flexibility
🔹 Why uptime beats the cheapest power
🔹 Cooling tech as the next mining frontier
🔹 Market timing: buy gear in the bear
🔹 When old ASICs make more sense than new ones
🔹 Infrastructure delays and how to plan for them
🔹 Knowing when to cut losses with operators
🔹 Hash power markets and tokenized mining exposure
🔹 Buying used miners already hashing to lower risk

🎙 Guest: Nico Smid
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00:00 Introduction 
01:06 Discovering Bitcoin 
05:06 Building Digital Mining Solutions 
07:17 Advice for New Miners 
10:10 Learning by Doing 
13:05 Timing the Market 
16:03 Advances in Mining Equipment Efficiency 
18:30 Global Mining Efficiency 
21:52 Mining Strategies for North vs. South America 
23:55 Low-Cost Power Locations 
26:19 Deployment Delays and Lessons Learned 
32:56 Timing and Cash Flow 
40:43 Mining as a Counter-Cyclical Industry 
44:41 Balancing Mining and Selling Strategies for Cash Flow 
50:20 Choosing the Right Partner for Passive Mining Success 
56:19 Hash Power Services and Scaling 
58:40 Potential Market for Older ASIC Models 
1:00:19 Infrastructure as a Bottleneck in Bitcoin Mining 
1:03:51 Importance of Reliable Hosting and Avoiding Delays 
1:08:00 Passion for Bitcoin Mining and Learning About Energy 
1:13:36 Final Advice: Just Get Started with Mining 
1:14:06 Where to Follow Nico Smid and Digital Mining Solutions

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