Slow & Steady Wins The Coins With Hut 8 | Sue Ennis | The Mining Pod

Today we are joined by Sue Ennis, VP of Corp Development at Hut 8. We discuss Hut 8’s conservative growth strategy, building out alternative lines of revenue and hodling an 8,000+ Bitcoin stack. Sue Ennis: https://twitter.com/bigsuey Will Foxley: https://twitter.com/wsfoxley SPONSOR https://foundryacademy.com Enhance your ASIC education with hands-on courses offered by Foundry. Led by industry-veteran instructors, Foundry’s Mining Technician academy programs cover a range of topics - from identifying issues and troubleshooting common hardware failures, to coursework exploring bitcoin’s global impact. TIMESTAMPS: 00:00 Start 00:54 Intro 01:27 What is Hut 8? 02:47 2022 expansions 07:13 Diversified revenue 11:34 When to expand BTC operations? 13:05 Distressed asset acquisition 16:03 Expanding without selling BTC 19:25 Leveraging growth from BTC reserves 21:17 Cashflows vs reserves 25:26 Ontario news 28:21 New CFO 29:51 1-5 yr plan MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV LEARN Every week, Compass sends a memo to professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices