2024-12-26T09:03:42+0000

In this episode with Alex Busarov, founder of Heatbit, we discuss: - Mining Bitcoin while heating your home with Heatbit: https://heatbit.com/?ref=NATALIEBRUNELL - Will more at-home appliances become miners? - Why should people mine Bitcoin at their home or office? - Mining pools and centralization risks - How much does it cost to mine and what are the chances of winning a Bitcoin block? - Building a Bitcoin company - the pros and challenges ---- Bio: Alex Busarov is the Founder and CEO of Heatbit, the company behind the world’s first Bitcoin-mining home appliances. Think Dyson, but with Bitcoin rewards. Before starting Heatbit, Alex was a consultant at McKinsey, where he worked with major energy companies. His work shaped some of the largest wind and solar energy projects worldwide. The Russian native has spent a lot of time in China, and earned his Bachelor's Degree in Philosophy and Economics from The London School of Economics and Political Science. Follow Alex on X at https://x.com/heatbit_com ⚡ Coin Stories is powered by Bitdeer Technologies Group (NASDAQ: BTDR), a publicly-traded leader in Bitcoin mining that stands alone as the only vertically-integrated, technology-focused Bitcoin mining company. Learn more at https://bit.ly/bitdeercoinstories. -- Natalie's Promotional Links: ⚡ Mine Bitcoin and Heat Your Home with Heatbit: https://heatbit.com/?ref=NATALIEBRUNELL  ⚡ Bitcoin Nashville is July 25-27th! Join me for my 3rd Annual Women of Bitcoin Brunch! Get 10% off your conference passes using the code HODL: https://b.tc/conference. ⚡ Buy Bitcoin, secure it through multisig collaborative custody, start a Bitcoin IRA or take out a Bitcoin loan with UNCHAINED: https://shorturl.at/jmW29 promo code Natalie ⚡ Never wait or pay high fees for making Bitcoin payments. Use Speed Lightning Wallet to instantly send and receive Bitcoin: https://speedbtcwallet.onelink.me/cGph/coinstories ⚡ Safely self-custody your Bitcoin with Coinkite and the ColdCard cold storage device. Get 5% off: https://shorturl.at/apsLU ⚡ Master Bitcoin self-custody and privacy with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way: https://www.thebitcoinway.com/partners/natalie-brunell ⚡ Protect yourself from SIM swaps that can hack your accounts and steal your Bitcoin. Join America’s most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie ⚡ Connect with Bitcoiners and Bitcoin merchants wherever you live and travel on the Orange Pill App: https://shorturl.at/gvxS3 🗒️ IN THIS EPISODE: 00:00 Growing up in Russia, living in China 00:55 How did Alex get into Bitcoin? 2:10 How does Heatbit work? 3:46 Does Heatbit cause an energy spike? 4:15 Bitdeer Technologies Group 5:00 How is Heatbit so quiet? 6:08 Connecting to mining pool 6:24 Centralization risks 10:24 Marketing Heatbit to large audience 11:14 Designing Heatbit 13:47 Bitcoin 2024 14:09 Speed Bitcoin Lightning Wallet 14:22 Coinkite Coldcard Wallet 14:35 The Bitcoin Way 14:56 Can Heatbit mine a full Bitcoin block? 15:34 How much can I earn with Heatbit? 16:05 Being a founder in Bitcoin space 17:31 Helping Bitcoin network grow 18:55 Fountain App 💡 OTHER RESOURCES Natalie’s website https://www.talkingbitcoin.com/ Heatbit https://www.heatbit.com/ 💰 VALUE FOR VALUE — SUPPORT NATALIE’S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories FOLLOW NATALIE ON SOCIAL MEDIA📱 🐦 Twitter https://twitter.com/natbrunell 💻 Instagram https://www.instagram.com/nataliebrunell 👔 Linkedin https://www.linkedin.com/in/nataliebrunell Producer: Aron Bender https://www.linkedin.com/in/aron-bender/ DISCLAIMER Coin Stories is for entertainment purposes only and does not give financial advice. #bitcoin #crypto #money