Bitcoin Mining in a Soviet Bunker
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In this episode join me Cahill (sounds like K-Hill) as I chat with Dias Kurmanov from Ice Rock Mining – a bitcoin mining based project based in Eastern Europe. Their idea – shared mining project – where you earn income/revenue based on how many miners they have running. They say it’s run in an older Soviet Military bunker in a mountain, where the average temperature remains at 10-degrees Celsius or about 50-degrees Fahrenheit. Maintaining stable temperatures (and electricity costs) when building out large mining facilities is extremely important – as the more bitcoin or GPU (Graphics Processing Unit) mining rigs you have – the larger your costs are going to be in cooling and power. As someone who mines with GPU’s (yes, I have a number of miners running, and am working on the ideation phase of an AI/GPU/Bitcoin mining idea) this discussion was interesting to me, and we do dive into the weeds a little more in Part 2 of the interview. If you want to hear Part 2 of this episode and all the others I do – you can…