Want to create an interactive transcript for this episode?
Podcast: On The Brink with Castle Island
Episode: Mustafa Yilham (Bixin) on the industrial Bitcoin miner perspective
Description: Mustafa Yilham, VP of global business development at Bixin, joins the show. Bixin is an early Asia-based Bitcoin miner; they operate a popular wallet app, and they run a Bitcoin-denominated quant fund of funds. We cover prevailing myths around industrial Bitcoin mining and the reality of sourcing energy at competitive prices for mining. In this episode:Â The story behind Bixin's Bitcoin-denominated quant fund How Bixin's fund of fund employs a Bitcoin benchmark Why Bixin as a firm is not market neutral and does not hedge their mining operation Whether miners have a procyclical or countercyclical effect on the p...