Podcasts/The Mining Pod/Ordinal Hashrate Bonds | James McAvity | The Mining Pod
The Mining Pod

Ordinal Hashrate Bonds | James McAvity | The Mining Pod

July 18, 2023·39m

Show Notes

Today we are joined by James McAvity, CEO of Cormint about their new yield product, immersion, and the realities of mining in Texas.

https://cormint.com

James: https://twitter.com/jamesmcavity

Will Foxley: https://twitter.com/wsfoxley

TIMESTAMPS:

00:00 Start

01:12 James background

02:43 Cormint background

05:07 Why immersion?

06:44 Balance Sheet

08:47 Yield on BTC

10:47 Yield product details

13:38 Wind power + debt

16:56 Why not more traditional capital raise?

19:26 Ordinal war bond

21:02 Community response to ordinals

24:26 IPO?

27:38 Future of Texas energy

31:42 ERCOT, heat, dust.. oh my!

34:55 Wrap

36:23 Dogecoin is the final boss

MINE

Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1

WATCH https://youtube.com/c/CompassMining?sub_confirmation=1

LISTEN

Apple Podcasts https://apple.co/3fNfrdi

Spotify https://spoti.fi/3tSf9G1

Amazon https://amzn.to/3557cqg

Anchor https://bit.ly/3rmb7UF

Fountain https://bit.ly/3NeNTec

RSS https://bit.ly/3chpULV 

LEARN

Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD

FOLLOW

Twitter: https://twitter.com/compass_mining

LinkedIn: https://www.linkedin.com/company/compassmining

Learn more about your ad choices. Visit megaphone.fm/adchoices