Podcast Episode
Is Now Time To Buy Bitcoin Miners? w/ Mitchell Askew

About this episode
A thorough breakdown of what drives bitcoin mining profitability. When is the best time to buy bitcoin miners? Are AI data centers bullish for bitcoin mining? What are the variables to consider before buying bitcoin miners?
Mitchell Askew of Blockware solutions joins the Strong Wealth podcast for a deep dive into bitcoin mining and why he's seeing people allocate more capital to mining than bitcoin.
Download bitcoin mining calculator: https://www.blockwaresolutions.com/model/
Connect with Mitch: https://x.com/MitchellAskew
Blockware: https://www.blockwaresolutions.com/
Talk to Strong Wealth: https://www.strongwealth.net/
Chapters:
0:00 Intro
1:09 How Bitcoin Mining Actually Works
6:30 The HODL Strategy: Why You Shouldn't Sell To Pay Power
13:37 Is It Better To Buy Miners Or Just Buy Bitcoin?
17:48 Why Bitcoin Price vs. Difficulty Is Everything
22:01 AI Is Eating Bitcoin Mining's Data Center Capacity
29:30 Will The Tax Deduction Flood The Market And Crush Profitability?
39:22 Understanding Hash Price (The Bread And Butter Metric)
43:53 How To Survive A Halving Or Bear Market As A Miner
47:22 Why Now Is The Right Time To Buy Miners
54:30 Break-Even Timeframes: When Mining Beats Buying Bitcoin
57:08 Miner Lifespan And Why Mining Is Like A Call Option
1:02:19 Mining As A Tax-Advantaged Bitcoin Annuity
1:09:14 The #1 Pitfall To Avoid + Where To Find Mitchell
Disclaimer
The content of this video is provided by Strong Wealth for educational and informational purposes only. It is not investment, tax, legal, or accounting advice, and it is not a recommendation, offer, or solicitation to buy or sell any security, digital asset, or investment strategy.
Any opinions expressed are those of the speakers as of the date of recording and are subject to change without notice. Discussion of specific assets, sectors, or strategies — including bitcoin, commodities, and equities — is for illustrative purposes only and does not reflect personalized advice. Your individual circumstances, goals, risk tolerance, and tax position will determine what is appropriate for you.