Pomp 🌪 Profile picture
Mar 10 8 tweets 3 min read
Intel is shaking the Bitcoin mining market, flipping the industry on its head.

Three machines from two manufacturers are leading the charge to make machines more efficient.

Here is what you need to know 👇🏼
1/ Intel is designing its own chip with buyers like @jack’s Block lining up to purchase the machine and make their own ASICs.

@griid and @HiveBlockchain have already announced purchases, with massive hashrate deployments planned for 2022 and 2023.
2/ As a US company, Intel will have direct-to-market access in the US where 15%-20% of Bitcoin miners relocated after China’s Bitcoin mining ban.

Intel has a lead on other manufacturers by shortening the hops to production and distribution.
3/ @miningmemo explains how companies are buying Intel chips to manufacture their own ASICs in “custom compute groups.”

Incumbent builders will lose market share as Intel-based ASICs go mainstream.
compassmining.io/education/comp…
4/ Bitmain is the 10,000 pound Elephant in the Bitcoin mining game.

It followed up its highly successful S19 series with two new variants: the S19 XP and S19 Pro+ Hydro.
5/ The S19 XP uses a 5nm chip, the same size chip as Apple M1 computers.

By compressing the chip size, Bitmain’s machine became the most efficient miner on the market.
6/ The Hydro is the next generation of industrial mining, using a pre-built hosting device to cool miners.

The Hydro is the most powerful Bitcoin miner available and can mine a Bitcoin today for only $7,000.
7/7 Bitcoin mining is booming and only getting more competitive.

Whether it be with manufacturing location, cooling techniques or chip size, every Bitcoin miner is battling for an edge.

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More from @APompliano

Mar 3
PSA: You may have more dry powder than you think.

If you are reading this, odds are good that you are one of 20M+ Americans who left behind an old 401(k) after a job switch👇
1/ If you switched jobs in the last 5 years, it's worth hunting down your abandoned account.

Investors like Warren Buffet and other billionaires put as much money as possible into retirement accounts, so they pay less taxes on their investments.

2/ If you think you might be one of the 20M+ with an abandoned account, my friends at @choicebykt have a team that can help you hunt it down for free (a perk of being a client).
Read 7 tweets
Feb 5
People are always talking about institutions coming into the crypto market.

Here are a few data points that seem to prove it is happening 👇🏼
There is a recent report out from LMAX Digital, who only serves institutional clients.

The company saw 10x increase in volumes last year and now are one of largest bitcoin spot exchanges.

All institutions. Image
The report from LMAX and Arcane Research says that asset managers and banks will account for the majority of trading volumes over the next three years.

They call out that new infrastructure must be built to handle these clients. Image
Read 7 tweets
Jan 31
Some of the most important professional work that I'll do this year is help thousands of people get a job in the bitcoin and crypto industry.

We need the best people in order to push everything forward.

Here are 7 examples of open roles you can apply to 👇🏼
Position: Global Data Analyst
Company: @BitMEX
Location: Remote

pompcryptojobs.com/job/6370/globa…
Position: Bitcoin Engineer
Company: @spiralbtc
Location: Remote

pompcryptojobs.com/job/6603/bitco…
Read 10 tweets
Jan 25
🚨 Help Us Give Away 1 Billion Sats 🚨

Savings in America is broken and @choicebykt is fixing it. Starting with free bitcoin to save, even if you aren't ready to save yet.

Meet Blinko.

Spread the word (🔁) to drive Blinko prizes 1,000x and help us fix the savings crisis.
For every 10 retweets on the first tweet in this thread, @choicebykt will increase Blinko prizes up to 1,000x for the next 24 hours

20 retweets = 2x
30 retweets = 3x
...
1,000 retweets = 100x
10,000 retweets = 1,000x

That would make the max Blinko prize 500,000 sats 👀
If you don't already use Choice App, get started here

TRY IT FOR FREE: use.choiceapp.io/pomp
Read 5 tweets
Jan 2
I spend 3 hours a day creating content.

It drives everything I do, from building companies and products to investing in other founders.

Here is how it went in 2021 👇🏼
The Pomp Letter is a daily letter to investors about business, investing, economics, and bitcoin.

These letters were viewed more than 13.5 MILLION times throughout 2021.

Readers include everyone from billionaires to retail investors.

Subscribe: pompletter.com
The Pomp Podcast is full of conversations where I learn from the world's best entrepreneurs and investors.

It was downloaded just under 15 MILLION times in 2021.

You can subscribe here: podcasts.apple.com/us/podcast/the…
Read 6 tweets
Dec 18, 2021
I recently talked with legendary investor @kevinolearytv about the potential for new institutional money to flow into Bitcoin and the world of crypto.
Mr. Wonderful has been diving down the rabbit hole, and we talked about Bitcoin mining, NFTs, and how regulations are keeping lots of institutions on the sidelines.
@kevinolearytv talked about working with regulators and his own compliance team to take advantage of fixed-rate crypto yields for the first time.
Read 7 tweets

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