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"I Was Mining Bitcoin In 2013" w/ Colin Kruse

Author
Colin Kruse, Beau Turner
Published
Tue 29 Apr 2025
Episode Link
http://abundantmines.com

We cover:
🔹 Colin Kruse’s origin story as a Bitcoin miner starting in 2012 with GPUs and early mining pools like Slush and HHTT
🔹 The wild west of early Bitcoin mining and how he found five blocks solo mining
🔹 Why SHA-256 became a turning point for Colin in understanding how time and energy equal money
🔹 A deep dive into ASIC evolution—from 110nm to 5nm—and why 3nm may be the end of Moore’s Law
🔹 How wasted electricity could be turned into warmth and wealth via heat recapture mining
🔹 Bitcoin mining as a tool for stabilizing energy grids and reducing energy costs through demand response
🔹 Real-world examples of how miners helped prevent blackouts in Texas during winter storms
🔹 The future of heating with mining rigs and how Colin is working on a hot tub powered by an S9 miner
🔹 How Bitcoin mining can delay the need for new gas plants and support electrification goals
🔹 Why Colin believes Bitcoin is the real-world tether of value: “Bitcoin equals time times power”

This is a rare window into the brain of a brilliant and humble engineer who’s been living and breathing mining since the very beginning. Colin shares hard-earned wisdom, deep technical insight, and an inspiring vision for how mining can help build an abundant, energy-efficient future.

🎙 Guest: Colin Kruse
CTO, Abundant Mines
No social, just hashing in the wild

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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