Preston Pysh and Michael Schmid discuss Bitcoin mining rigs' dual role in generating cryptocurrency and heating water. They also analyze the strategic consequences of the Red Sea conflict on international trade and the US dollar in global finance.

IN THIS EPISODE, YOU’LL LEARN:
- Insights into the technical setup and operation of at-home Bitcoin mining rigs.
- How Bitcoin mining can be integrated with domestic heating systems, particularly for water heating.
- Understanding the environmental considerations and sustainability aspects of using Bitcoin mining rigs.
- An analysis of the Red Sea's role in global trade and its geopolitical significance.
- How the conflict in the Red Sea region affects international maritime trade and shipping routes.
- Discussion on the influence of the Red Sea conflict on the stability and dominance of the US dollar.
- Exploring the potential and challenges of using renewable energy sources for Bitcoin mining.
- Insights into the broader implications of maritime security issues on global trade.
- Latest trends and technological advancements in the field of Bitcoin mining.
- Understanding the complex interplay between geopolitical events and their impact on global trade dynamics.

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ABOUT OUR SHOW 🎙 
On Bitcoin Fundamentals, Preston Pysh talks about the fundamentals of bitcoin, investing in bitcoin, news, deep dives and more on interviews with prominent people in blockchain technology.

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