This is an episode of The Pomp Podcast with host Anthony “Pomp” Pompliano and guest, Fred Thiel. He is the CEO of Marathon Digital Holdings, one of the largest bitcoin miners in North America.
In this conversation, we discuss bitcoin mining, ESG bitcoin, OFAC compliant blocks, Taproot, and what Marathon plans to do moving forward.
Pomp writes a daily letter to over 140,000 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://pomp.substack.com/
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00:00 – Intro
00:09 – Fred’s background before Marathon
02:22 – Overview of Marathon
04:46 – ESG Bitcoin
07:53 – Will the ESG conversation go away?
10:59 – Bitcoin mining drives sustainable energy
13:23 – Geographic distribution
15:36 – Taproot
17:46 – Making profit vs Listening to community
22:30 – Response from internet vs institutional investors
25:16 – The bitcoin mining council
28:15 – The future of the mining industry
29:36 – What Fred is looking forward to
30:47 – Message to the bitcoin community