#1349 Adam Sullivan | Core Scientific CEO on Bitcoin Halving & Mining Industry
The Pomp Podcast
Anthony Pompliano
4.8 • 1.9K Ratings
🗓️ 24 April 2024
⏱️ 36 minutes
🧾️ Download transcript
Summary
Adam Sullivan is the CEO at Core Scientific, one of the largest bitcoin miners in North America. In this conversation, we talk about building Core Scientific, public company impact, bitcoin halving, bitcoin ETFs, future of bitcoin miners, consolidation in the industry, metrics to evaluate a business, and future plans for Core Scientific.
=======================
Buy and sell cryptocurrency in a tax-advantaged crypto IRA with iTrustCapital. Enjoy 24/7 access, lowest fees in the industry, and tax benefits for your retirement. Open an account today at www.itrustcapital.com
=======================
Core Scientific (NASDAQ: CORZ) is one of the largest public Bitcoin miners and hosting solutions providers for Bitcoin mining in North America. To learn more about Core Scientific, please visit: www.corescientific.com
=======================
Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/
=======================
View 10k+ open startup jobs: https://dreamstartupjob.com/
Enroll in my Crypto Academy: https://www.thecryptoacademy.io/
Transcript
Click on a timestamp to play from that location
| 0:00.0 | What's up, everyone? This is Anthony Pompliano. Many of you know me as Pomp. You're listening to the Pomp |
| 0:07.7 | podcast, which is my effort to find the most interesting people in the world and sit with them for hours while I ask questions in an effort to learn. So it would mean the world to me if you would subscribe to the show on your favorite audio platform, watch episodes on YouTube, |
| 0:21.1 | and tell your friends and family about the podcast. My goal is to help millions learn from the |
| 0:26.5 | world's most interesting people. So let's get in to today's episode. Today's episode is with |
| 0:31.7 | Adam Sullivan. He is the CEO of Core Scientific, one of the largest Bitcoin miners in North America. |
| 0:38.1 | Adam and I talk about how Core Scientific has built their business, merging from bankruptcy, |
| 0:42.7 | what it's like to be a public company again, what has changed since they're back in the |
| 0:46.5 | public markets. We also discuss how he thinks about the Bitcoin having. Is it a positive |
| 0:50.9 | or a negative development for their company and other miners, how these miners |
| 0:55.3 | are using debt for financing, and how they think of the tradeoff between equity financing |
| 0:59.3 | at the same time. Then we get into things like why Bitcoin miners have a bright future, |
| 1:05.1 | how there will be consolidation in the industry, what are some of the metrics that Adam looks at |
| 1:09.1 | when he's evaluating a Bitcoin mining business and whether he thinks that it's a good business or not? |
| 1:13.5 | And then what is the plan for between now and 2028 where Core Scientific wants to continue to grow to keep their position as one of the largest miners in the world? |
| 1:23.3 | This conversation is packed with insights. |
| 1:25.2 | Adam does a great job and I learned a ton. |
| 1:27.0 | So I am excited to show you my conversation with Adam Sullivan. |
| 1:31.6 | Anthony Pompliano runs Pomp Investments. |
| 1:34.4 | All views of him and the guests on his podcast are solely their opinions and do not reflect the opinions of Pomp investments. |
| 1:40.7 | You should not treat any opinion expressed by Pomp or his guest as a specific |
| 1:45.3 | inducement to make a particular investment or follow a particular strategy, but only as an |
| 1:50.0 | expression of his personal opinion. This podcast is for informational purposes only. |
... |
Transcript will be available on the free plan in -341 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Anthony Pompliano, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Anthony Pompliano and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.