Episode notes
Today we are joined by James McAvity, CEO of Cormint about their new yield product, immersion, and the realities of mining in Texas.
James: https://twitter.com/jamesmcavity
Will Foxley: https://twitter.com/wsfoxley
TIMESTAMPS:
00:00 Start
01:12 James background
02:43 Cormint background
05:07 Why immersion?
06:44 Balance Sheet
08:47 Yield on BTC
10:47 Yield product details
13:38 Wind power + debt
16:56 Why not more traditional capital raise?
19:26 Ordinal war bond
21:02 Community response to ordinals
24:26 IPO?
27:38 Future of Texas energy
31:42 ERCOT, heat, dust.. oh my!
34:55 Wrap
36:23 Dogecoin is the final boss
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