How Bitcoin Mining & The Solar Industry Can Work Together |S2 E5| David Magid of YSG Solar

Today Will speaks with David Magid, the CEO of YSG Solar, an energy company that builds solar farms to generate electricity. The two dive deep into important factors regarding Solar Farms, including land, storage, and economics, but their conversation evolves into an intersection between Bitcoin Mining and Solar Power. Listen in to learn how stable power can make GPU’s last longer, how Bitcoin Mining can be used as an energy storage solution, and a detailed breakdown of the best path on using solar energy as a Bitcoin Miner!

THIS EPISODE’S SPONSORS:

Amerex- https://sazmining.com/amerex/

BlockFi- https://blockfi.com/sazmining

TIMESTAMPS:

0:00-1:24 - Intro

1:25-2:58 - Background on David

2:59-5:21 - YSG’s Focus

5:29-7:49 - How Land, Energy, Storage are Calculated Taken Into Account for a Solar Farm

7:50-10:09 - How are the Economics of a Solar Farm Figured Out?

10:10-11:47 - Lifespan of Panels and Time for Return on investment

11:48-15:12 - What is the Lifespan of a Bitcoin Mining GPU? 

15:13-17:21 - Can Expand the Lifespan of a Bitcoin Mining GPU with Stable Low Cost Power? 

17:22-21:14 - Pricing Electricity, What Goes Into It, and Impacts on Bitcoin Mining

21:15-24:29 - Electric Vehicle Infrastructure and Development

24:30-26:48 - How Will Policy and Regulation Affect Solar Industry

26:50-28:46 - Bitcoin Mining as a New Energy Storage Solution

28:47-32:20 - A Bit of History on Solar Farms and the Evolution of the Industry

32:21-35:54 - Favorite Book

35:55-45:15 - What’s the Best Path for a Bitcoin Miner Who Wants to Go Solar

45:16-48:35 - How Aware is the Renewable and Energy Production Industry of Bitcoin Mining

48:36-49:58 - Conclusion

WHERE TO FIND THE SHOW:

→ Website: https://sazmining.com/podcast

→ Apple Podcasts: https://podcasts.apple.com/us/podcast/everything-crypto-mining-the-sazmining-podcast/id1533055103

→ Spotify: https://open.spotify.com/show/7rldZMBuf447UHaWyV1UtV?si=SqsAW1aESNiiSbHwWSL8oQ&dl_branch=1

→ YouTube:  https://www.youtube.com/channel/UCt0_Ymrq6PVZcNZP_Thvb2w

LISTEN TO OLD EPISODES:

→ Season One: https://www.youtube.com/playlist?list=PLCcctgrDmFCN7aFLZkPRd20fNJbflXxZK

→ Season Two: https://www.youtube.com/playlist?list=PLCcctgrDmFCN1gX3R1uKL2bqTI-uUzTd7

SUPPORT THE SHOW:

→ Have an idea for a guest? Email Us: [email protected]

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→ LinkedIn: https://www.linkedin.com/company/sazmining-inc/

→ YouTube: https://www.youtube.com/channel/UCt0_Ymrq6PVZcNZP_Thvb2w

→ Website: https://sazmining.com/