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I Could Mine Bitcoin On My Phone In 2009 w/ Michael Schmid

Author
Michael Schmid, Beau Turner
Published
Thu 10 Apr 2025
Episode Link
http://abundantmines.com

We Dive Into
🔹 Mining Bitcoin on a laptop in 2009
🔹 Losing early coins—and the lessons learned
🔹 Heating homes with Bitcoin miners
🔹 Getting paid to shower with SATs
🔹 How to build your own mining heater
🔹 The untapped power of waste heat
🔹 Why home mining matters for decentralization
🔹 Turning plumbers into Bitcoiners
🔹 Giving old miners a second life
🔹 The future of SAT-stacking appliances

🎙 Guest: Michael Schmid
Amazee.io - https://www.amazee.io/

00:00 - Introduction 
02:00 - Early Days of Bitcoin 
10:00 - Reusing Bitcoin Mining Heat 
19:57 - Misconceptions about Bitcoin Mining Heat Reuse 
28:00 - How to Heat A House with Bitcoin Mining 
37:01 - Incorporating Heat Re-Use into Fiat Business 
54:35 - What the Bitcoin Mining Reuse Industry Needs 
01:02:38 - What the Future of Heat Reuse Looks Like

Disclaimer: The information shared in this episode is for informational and entertainment purposes only. Nothing discussed should be considered financial, legal, or tax advice. Always do your own research and consult with a qualified professional before making any investment or financial decisions


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