BCB060_WHIT GIBBS: Weathering BTC Bear Markets & The Decentralization of Mining
Blue Collar Bitcoin

BCB060_WHIT GIBBS: Weathering BTC Bear Markets & The Decentralization of Mining

Jun 15 2022 • 1hr 9m
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Show Notes

This week Josh & Dan speak with Whit Gibbs, founder and CEO of Compass Mining, about Bitcoin bear markets as well as all things BTC mining.
This episode covers topics including:
Weathering the current bear market
Altcoin implosions
Diversifying your BTC holdings with mining exposure 
ROI on Bitcoin mining, including home mining
The state of ASIC manufacturing 
Jumping over fires while drunk and eating cheese

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RECEIVE $10 USDC by signing up and funding using the following link:
**COINKITE** - Makers or the best Bitcoin security hardware in the world. Use PROMO CODE "BCB" for 5% off ColdCard Mk3 purchases at Coinkite is the producer of the iconic ColdCard.  ColdCard is widely regarded as the MOST secure signing device in existence, and can be used by beginners all the way up to the most advanced users (The 2 of us have relied on this device for years.) If you wanna get frisky, check out the BlockClock Mini, this beauty sits on a bookshelf or hangs on the wall and displays any metric about Bitcoin you can think of.  BlockClock Mini is a lust worthy addition to any Bitcoiners home. Other Coinkite products include the OPENDIME, the SATSCARD, the TAPSIGNER, the SEEDPLATE, COLDPOWER and sweet hats. All available at
ColdCard Guides (ultra quick - intermediate - advanced)
⇨TIPS: (tips also open on Twitter)
⇨PODCAST 2.0 STREAMING: You can stream us fractions of a cent via Bitcoin sats on the Lightning Network!  We are live on Podcast 2.0 apps & wallets. BREEZ Wallet is a great way to get started→HERE is an easy tutorial that demonstrates exactly how to do it.
Whit Gibbs is the co-founder and CEO of Compass Mining. Compass is truly fascinating and innovative company, and one of their main focuses is on enabling everyday investors to harness the benefits of industrial scale Bitcoin mining.  In so doing, they look to help bolster and decentralize the mining landscape.
Compass Mining
"Bitcoin First" piece by Fidelity Digital Assets

TWITTER: Follow Whit GIbbs @BitcoinBroski; @ Follow Blue Collar Bitcoin Podcast @blue_collarbtc
EMAIL: Send us questions, comments, or feedback at
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20 sats
Jun 30 2022
i am very quicky seeing the errors of my way
10 sats
Jun 23 2022
10 sats
Jul 31 2022
bear it! 🐻
10 sats
Jul 11 2022
very informative guys!