55 min listen
#409: Mike Colyer on Building North America's Mining Industry
FromThe Pomp Podcast
ratings:
Length:
47 minutes
Released:
Oct 16, 2020
Format:
Podcast episode
Description
Mike Colyer is the CEO of Foundry, a new DCG subsidiary focused on crypto mining. Foundry was created to meet the institutional demand for improved capital access, market efficiency, and transparency in the bitcoin mining industry. The company currently offers three services for the mining ecosystem: equipment financing and procurement; mining and staking; and consulting and advisory services.
In this episode, we discuss Foundry's launch, how they invested $100 million so far, a general mining business overview, the importance of North American hash rate, and Foundry's current product offering.
==============================
Smart investors know being early is critical to success in crypto. CoinList is where early adopters invest in, earn, and trade the best new crypto assets before they list on other exchanges. Try CoinList Pro and be first to trade on network launch. Sign up via coinlist.co/pomp and earn $10 in BTC after you trade $100.
==============================
Crypto.com is the only all-in-one platform that allows you to BUY / SELL / STORE / EARN / LOAN / INVEST crypto all from one place. Join over 1 million users currently using the Crypto.com app. Download and earn $50 USD using my code ‘pomp2020’, or use the link https://platinum.crypto.com/r/pomp2020 when you sign up for one of their metal cards today.
==============================
Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at https://www.pompletter.com
In this episode, we discuss Foundry's launch, how they invested $100 million so far, a general mining business overview, the importance of North American hash rate, and Foundry's current product offering.
==============================
Smart investors know being early is critical to success in crypto. CoinList is where early adopters invest in, earn, and trade the best new crypto assets before they list on other exchanges. Try CoinList Pro and be first to trade on network launch. Sign up via coinlist.co/pomp and earn $10 in BTC after you trade $100.
==============================
Crypto.com is the only all-in-one platform that allows you to BUY / SELL / STORE / EARN / LOAN / INVEST crypto all from one place. Join over 1 million users currently using the Crypto.com app. Download and earn $50 USD using my code ‘pomp2020’, or use the link https://platinum.crypto.com/r/pomp2020 when you sign up for one of their metal cards today.
==============================
Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at https://www.pompletter.com
Released:
Oct 16, 2020
Format:
Podcast episode
Titles in the series (100)
Austen Allred: How to Fix Our Broken Education System: Austen Allred is the co-founder and CEO of Lambda School, a full computer science education that’s free until you get a high paying job. In this conversation, Allred and Anthony Pompliano Discuss Y Combinator, the challenges of building a startup,... by The Pomp Podcast