Latest / Simply Bitcoin / Massive Oil Company Mining Bitcoin, THIS CHANGES EVERYTHING | EP 457

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Massive Oil Company Mining Bitcoin, THIS CHANGES EVERYTHING | EP 457 · Simply Bitcoin

0:00
I don't believe sufficient ever have a good money against before
0:04
we take something out of the names of governments, welcome
0:08
back everyone. We're simply Bitcoin.
0:10
We break down the news. The daily fail me review,
0:13
software releases Hardware releases and the websites by
0:17
plebs joining us today. Fellow Bitcoin ER, minor Chief
0:22
mining officer at bit Farms. I'm talking about Ben gonyo he's
0:26
joining us. We are diving into the numbers
0:29
though. Let's do it.
0:31
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the time. Recording the block height of
1:01
seven hundred. Twenty eight thousand, eight
1:02
hundred forty-seven the Bitcoin price 40 3910 chain rewrite days
1:07
739 total public lightning capacity 3560 4.53 I do believe
1:15
that's higher than yesterday. Nico Moscow.
1:17
Time 2277 blocks to the having 111,000 153 and the samurai
1:26
Whirlpool unspent capacity, Samurai Whirlpool is Is a coin
1:31
or collaborative spend service. It is not a mixer and the
1:35
unspent capacity is 4390 dot. 98 the numbers, the numbers.
1:42
The numbers are, dude. It's so funny.
1:44
We got a comment on yesterday's video.
1:46
It said, Moscow, time reported exactly so the Moscow time meme
1:54
was created before the events that are happening in Ukraine,
1:58
so Anyways, it's funny. But no I think they were
2:02
trolling us. But anyways, guys, you know, the
2:04
deal to show. If you're new to this channel,
2:06
we don't speculate. We're not going to tell you
2:08
where the price, we think the price is going to go like a lot
2:10
of other YouTubers like to focus on the signal on be cut and what
2:14
we do advocate for is long time preference you know Fiat mine as
2:18
much as possible from your Fiat job and just dump that into
2:21
Bitcoin. And I have this very good tool
2:24
that highlights the power of DCA and we're going to go to it.
2:27
It's called DC a Bitcoin.com. Right, and look, $10 a week,
2:33
right? That's, you know, that's not,
2:34
you know, not a crazy amount of money.
2:37
And if you started doing that, you know, for a weekly basis as
2:40
I move it to a daily basis, right?
2:42
Let's move it to a daily basis, right invested a total right of
2:47
here, we go of 18,000 dollars, right?
2:50
You do this for five years today would be worth a hundred and
2:54
fifty two thousand. If you did the same thing with
2:57
the SMP or the Dow Jones, Right? You invested 18,000 18,000 here
3:03
and it could be 20 1859 and for the Dow Jones would be twenty
3:08
three thousand seven hundred ninety three thousand that is
3:11
absolutely depressing, right? To be honest with you.
3:15
So and you could kind of change it up a little bit, right?
3:17
Let's say you wanted to invest a little bit more, right?
3:20
Let's say you wanted to invest $50, right?
3:23
You want to move up? You invested a total of 100,000
3:25
over a period of five years, right?
3:27
And today would be worth almost a million dollars.
3:30
One hundred and sixty two thousand dollar that is the
3:33
power of DCA. That is what we advocate for on
3:35
this show. Let's say you can note.
3:37
This is what I hear. A lot of people do.
3:39
Let's do 100 bucks a week weekly.
3:41
So that would be a total of twenty six thousand today.
3:45
Be worth 219,000, right? So let's move it on to lets you
3:50
know, because we're advocates for long time preference here on
3:53
this show. Let's say you do that for eight
3:55
years, right? You total invested a period of
3:58
eight years if you invested $100 Letters on a weekly basis.
4:01
If you did that for eight years right, the total amount you
4:04
would have invested would be 40 1800.
4:06
The total amount you would have today would be two million five
4:10
hundred thousand dollars. That is the power of DCA?
4:14
That is why we Advocate it for on the show.
4:18
If you have something like Bitcoin, why you going to risk
4:20
it and trading experience what? Phil and I have experienced
4:23
because more likely than not specially if you get into
4:26
Bitcoin. What happens is you get really
4:29
attracted to the Shit coin, especially in the beginning
4:31
you're like oh it's faster Bitcoins, boring.
4:33
Whatever this It's not and then perhaps you double your toes in
4:36
a little bit. You get rekt it, humbles you
4:38
then you go full Bitcoin, right? So anyways been what are your
4:41
thoughts on DCA saying? You have any stories about it
4:45
except for ETC? Yeah.
4:47
And EPA is also what I recommend to people too.
4:49
Who are getting into Bitcoin? It's just the easiest safest way
4:55
I think to get the exposure, you know, it's great method for
4:59
everybody. Anybody can do it.
5:00
There's lots of platforms out there to get involved.
5:04
And it makes a lot of sense and you take away that that risk of
5:08
hey, I put in all my money into Bitcoin today and it's down 20%
5:12
tomorrow which, you know, that's that's the sort of thing that
5:15
really kills people on bitcoin. It's just a bad, bad luck and
5:19
bad timing. And if you di CA you never have
5:22
that experience. So, I highly recommend it and,
5:25
you know, mining is, is my way of daily cost averaging into a
5:28
Bitcoin as well. So I'm just taking it one step
5:31
further, it's Because I thought you mind with the pickaxe but
5:36
apparently you map your mind with the Reich.
5:38
I didn't know. But yeah, you get Mark the
5:40
Toshi's that way. Hmm.
5:43
Break It Anyways. Phil what are your thoughts on
5:45
this? I'm a bit of a DC ad Jen.
5:48
So I do dollar cost average but also at the same time, I do
5:52
random purchases because I can't help myself.
5:55
So if the Bitcoin price dumps I have to buy some.
5:57
But also at the same time, when the Bitcoin price pumps, I get
6:00
this fomo that I haven't bought enough so it's really weird.
6:04
So yeah. So I do a bit of both and I
6:06
don't recommend anyone follow my nan method because I don't
6:09
really consider it a method but yes, DCA.
6:12
Yeah. But that's General because I
6:14
don't think anybody could has the discipline not to smash by
6:18
okay as long as you sleep, I feel like there's somebody out
6:21
there that's that's discipline. Deny.
6:22
This is the coin, you're speaking of unicorns so it look
6:26
look okay at the end of the day because it's like a dopamine
6:29
fix. I'm not, I'm not lying, right?
6:31
As long as you do. It progressively over time,
6:34
right? You're good, because that
6:35
accomplishes the same thing as DC is it takes away the fun out
6:38
of it. If you just let it, if you just
6:40
leave, it automated the whole point is that you smash by,
6:42
you're like yeah. Yeah, you know, it feels good
6:45
and then you let it go. Why did I wait?
6:47
You know, but it that's the whole experience of it.
6:49
But yeah, man, I just wanted to highlight that website because
6:52
it highlights the power of what we advocate for.
6:55
If you trade more than likely than not, you're going to lose
6:58
money. If you buy shit coins, I almost
7:00
guarantee you, you're going to lose money unless, you know, you
7:04
know, the Insiders, etc, etc. But anyways, Phil, it's time for
7:07
the daily fail. Brought to you by Ember app.
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7:27
We've got two completely, unrelated fails, let's dive into
7:30
them. Let's get Ben's thoughts on some
7:33
of this stuff. Here we go.
7:34
Okay, so first we've got tweet by Preston fish Preston is not
7:38
our fail, okay, but it's the information that is in the
7:42
tweet. That is failure.
7:44
Let's dive into it. When a central Banker is getting
7:46
into the compelling arguments phase of whether a currency
7:50
should or shouldn't be a global Reserve currency.
7:53
That's not a good sign. And what is he doing?
7:55
He is retweeting from Financial juice or breaking news.
8:01
Never really heard of but anyways, feds Barkin.
8:03
There are numerous compelling Arguments for the dollar to
8:06
remain the world's Reserve currency.
8:08
And let's take a look crypto cloaks.
8:10
Our sponsor wrote back Right here.
8:13
This is beautiful. So it's not a good Reserve
8:16
currency anymore. Perfect, that's why we Bitcoin.
8:19
Yes. That is exactly why we Bitcoin.
8:23
So look, that's really cringe. Okay, this is the to me.
8:29
This is the beginning of the narrative falling apart stage
8:34
because now, all of a sudden. So, so, hold on a second.
8:37
It's qualities are no longer the compelling argument.
8:40
It can't stand on its own. So, oh now we bring in the
8:44
puppet show and they start to spin you a story of why it's
8:49
compelling. I don't know.
8:50
Look, I know you're a minor. This may not be like really on
8:53
topic for you. But do you have any?
8:55
You have any thoughts on this? II was talking about central
8:58
banks and the Fiat money printer is.
9:01
So that's not an issue with me. I think it's pretty amazing that
9:06
they admitted out loud. You know.
9:08
Surely they've known this for a very, very long time, right?
9:12
And surely this has been an internal position but actually
9:15
coming out and saying something like this.
9:16
I think is pretty bullish on bitcoin.
9:19
You know, most of the time what you get out of the fed or any
9:21
other Central Bank is guidance, right?
9:26
And and then of that, Any sense they say, Hey, you know, expect
9:29
us to do this in three months and then hey, expected through
9:32
this and six weeks and then it comes down to the time and they
9:34
don't do anything and nobody cares because they're on to the
9:37
next three months guidance. You know, there's, there's a lot
9:41
of things like that happening and the FED where they just
9:44
don't manipulate the numbers so much.
9:46
And as this is why we need Bitcoin, you know, you don't
9:48
even get an actual unemployment number from the Federal Reserve,
9:52
you get a number that's published and then that's revise
9:54
that then that's revised again and then that's revised again.
9:57
By and by the time in three guys, three or four times,
10:00
nobody looks back on those revisions.
10:02
They're only looking at the one that's being published now.
10:05
And so, you know, they can say whatever they want, you know, in
10:09
order to get those results, it doesn't have to be, you know,
10:13
true or realistic. They can do whatever they want.
10:18
So the to hear the Cat come out of the bag like that I think is,
10:21
is pretty bullish smashed by Smith's first smash.
10:24
Smash Jen. Okay sorry Nico go on dude.
10:29
No, I look I think Ben said it beautifully.
10:31
I think that you know, the the Wizard of Oz analogy that I
10:35
always use, right? That the curtain is being
10:37
exposed behind there. There's just nothing.
10:40
There's just a dude. Pressing an old guy on a Windows
10:43
1999, pressing the P button and yeah look it but they sure know
10:48
how to play percent, that's for sure.
10:49
Anyways. Phil what's the next family?
10:52
All right, you know, we're not going to stop.
10:54
Anyways, this is we were we were tagged by Hands films in this
10:58
one again, right, he has been providing us.
11:00
Awesome, fail, stuff, follow hands.
11:04
Maybe I'll put as, yeah, I'll put this information in our in
11:06
the show notes. Okay, let's dive into this
11:08
terrible, ridiculous story, totally clickbait.
11:12
And of course, I had to click. So, here we go.
11:15
Because hands shared it with us. So aetherium runs towards
11:18
deflation with upcoming updates, leaving Bitcoin behind.
11:24
Oh yes, I'm sure it's leaving Bitcoin behind.
11:26
Here we go. Cerium is expected to become
11:29
deflationary after it leaves proof-of-work, and Mining behind
11:33
and completely transitions to piece of shit proof of stake.
11:37
A staking protocol. The reason is that the
11:39
transition is expected to decrease the theorems issuance
11:42
rate by about 90% and ever since the implementation of a theory
11:47
Improvement protocol 1559 as part of the London hard Fork,
11:52
the network has been burning the near totality of its And fees.
11:58
The amount of eith issued is projected to drop by 90%.
12:03
You guys hear what I'm telling you.
12:04
These are amazing numbers, right?
12:05
Anybody who's anybody? Who's thinking about why?
12:07
That's awesome. Great.
12:09
You know, why not? Why not etherium, okay?
12:12
Anyways, obviously got me thinking, what the hell are they
12:15
talking about? We all know that you can't
12:16
verify the circulating supply of etherium, and we all know that
12:20
you can't verify the Mac Supply. So look.
12:21
So I said I said, all right, let's just go dive into it.
12:24
Let's go take a look. What is what is being said?
12:27
Ed right now about the etherium max Supply.
12:30
Okay? So this article from January
12:31
24th 2021 as of the writing of this article, there are around a
12:35
hundred and fourteen point, three million eith.
12:39
I don't know why, but I remember them bragging about how there
12:41
was like 99 million. Anyways, it doesn't even make a
12:44
difference in circulation. This will keep changing and you
12:48
can verify the circulating Supply information on various
12:51
etherium block explorers and websites.
12:53
However, you'll never find out the max Supply.
12:57
Information and this this is true because they have no Max
13:01
apply. So this bullshit about being
13:04
deflationary is complete nonsense and now we're going to
13:07
defer to the white paper. So look anybody wants they can
13:10
definitely go take a look, try to find me a Mac Supply.
13:13
Number the the amount of gibberish that is in this white
13:16
paper is astounding. But the one thing that I was
13:20
able to show that made that that made this extremely comical is
13:24
this freaking chart right here. They have no maximum Supply.
13:30
What kind of mental fuckery is this?
13:33
But what is this like is this a joke long-term inflation rate
13:36
for aetherium? But you have no Max Supply.
13:40
Yeah, I been do. They why do they want to cap it?
13:46
I mean then they stopped their own money for a dress.
13:50
It's crazy. They make these claims, you
13:53
know, rhetorically hoping they can claim anything that they
13:56
want, you know, I actually started out with my new Theory
14:00
and I found out about Bitcoin way way earlier, but I thought I
14:05
was too late and so when he Theory mm came out I said oh
14:08
Man, this is this is my second chance.
14:10
I started mining ether back in 2015, but, you know, I quickly
14:14
learned the errors of my ways over a couple of years, but but
14:18
in my first couple of years, I was a pretty hard s guy and I
14:21
went to Defcon 2 in China and I remember people talking oh, the
14:27
switch to POS. It's happening.
14:29
It's right around the corner. I can't believe you still have F
14:32
mining rigs. They're not going to be worth
14:34
anything by the end of 2016 because POS is months away.
14:38
You know? And I was like, I said, the, I
14:41
can't believe you actually believe that but, you know, a
14:45
lot of, a lot of people did and the 480 gpus that I was running
14:48
on back, then can still runny theory of.
14:50
Now, six years later actually seven years after he threw him
14:54
once you can still my new theory on the same gpus you did when we
14:58
started, if you had good enough ones you know it's it's insane
15:02
to me. They're never ever going to
15:06
become a Bitcoin they're completely.
15:08
Different animal than Bitcoin. I consider the ethereum that we
15:12
work of crypto. You know, here's this.
15:15
Here's this thing. That looks awesome.
15:18
It looks cool. It looks revolutionary.
15:20
I want to be a part of it. I want to you know work here but
15:25
none of the math works like the whole business model is failed.
15:28
Nothing is functioning, but they can raise a lot of money on it
15:32
because it looks great and people want to be a part of what
15:35
that looks like and so they As a bunch of money saying, hey, we
15:39
understand, we know that doesn't work now, but wait till we fix
15:44
it, wait till we make it all work and then imagine how
15:49
valuable this can be when everything works.
15:52
They never admit that, nothing works now.
15:57
Just imagine how value will be with if everything goes out, you
16:00
know, and perfectly and that's how we work, raise a bunch of
16:03
money but you know, these all, all these things have to come
16:06
crashing down there. Uh, Sustainable projects over
16:09
the long term and eventually at some point people are going to
16:13
start realizing. Hey, they haven't delivered on
16:15
their promises, they're not delivering on their promises and
16:17
they won't deliver on their promises.
16:20
And so if you think that, you know, he theorem is going to
16:23
replace AWS and that's what you're making your investment.
16:26
You know on it's never going to reach that stage.
16:30
So they'll kick the can down the road indefinitely and continue
16:35
poww indefinitely because They never want to have that full
16:39
switch. The second that they fully
16:41
switched to POS. Everybody's going to say, wait a
16:43
minute, this thing doesn't work. I thought you said when we go
16:45
full, POS everything is going to be amazing.
16:48
I do have the world's going to change, so they're never going
16:51
to get rid of pows because if they did then they'd have to
16:54
admit that they were wrong and everybody goes on to the next
16:57
thing. Yep, dude, hits and nailed, hit
17:00
the nail on the head and it's what I always say, guys, right?
17:02
Like, you know, and use the term band, right?
17:05
Kick. The Can down the road, and why
17:07
is that? Right?
17:08
Because B only Bitcoin has figured out how to separate the
17:13
monetary policy out of the hands of human beings, right?
17:16
And with all these should coins, including a theory of the
17:18
monetary policy can be manipulated by human beings,
17:22
right? So you see the same type of
17:24
behavior in the beginning, it's like yeah, it starts with good
17:26
intentions, right. But it's like, but we could just
17:29
print a little bit more money, right?
17:31
So I think that's the, I think that's the problem with the
17:34
theorem. I completely agree.
17:35
It's a giant scam. And I think, you know, Bitcoin
17:38
really does fix this. But anyways, Phil it's time for
17:41
the daily meme review, brought to you by Citadel 21.
17:45
It's the best Bitcoin cultural zeenat stories articles Comics
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by actual bitcoiners. Every volume has different
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artwork by bitcoiners. Of course, Bitcoin artists and
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their scarce is only 1000, physical copies made per volume.
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Get your print of Citadel 21 today, right?
18:01
Everybody first meme is brought To Us by descent iPod circus
18:05
came from or group by the way, mr.
18:07
Potter's in our Yup. That's right.
18:08
And that's where he posted it. So out to the plebs.
18:10
All right, let me zoom out. It's you know, it's a classic.
18:14
You'll nothing you'll be happy. You'll have fun.
18:16
Staying poor, and you'll be happy absolutely hilarious very
18:19
well done. All right, shout out to the
18:21
plebs. Alright, next one is by t.k.,
18:24
first day of homeschooling everything.
18:26
The state says, is a lie and everything it has is it has
18:30
stolen. Come on kids, let's take it
18:33
back. Really happy.
18:34
Learning that they do, they do. Oh you guys then this one's
18:37
perfect. Fect for you.
18:39
Ok, its an S 9, okay, best use case for transhumanism.
18:44
If I could just reach zero, as it Outlets, you will mind
18:49
nothing and you'll be poor. Come on Hon.
18:52
Cogan, that was awesome. All right, next one is by its by
18:56
add maximum, if I had to do it Bitcoin measured in Peaks has
18:59
2010 verse. 20 20, 20 22 2010 10,000 Bitcoins into pieces.
19:04
10,000 Bitcoin 324,000. Peaks has no.
19:09
Wait. That's 10 BTC.
19:11
Isn't that 10 B? TC is it?
19:13
No, it's ten thousands and thousands and thousands of the
19:15
original price. I think 10,000 Bitcoin could buy
19:19
you a lot more pieces. Yeah, bring the math.
19:21
That math is wrong. Anyways maybe should be like 30
19:24
million or something and more than pizza anyway, press and
19:28
fish. Okay.
19:28
So fill already went this in the fail but we're not going to do
19:31
that. We're going to do is we're going
19:32
to review the memes in the We had.
19:36
So this is you know the the Central Banking this is a to
19:39
decorated toxic Bitcoin, ER roll.
19:41
Please use our currency. Come on.
19:43
It's the reserve with full faith and credit please, bro, come on,
19:45
it's table. I serve is rough, that's really
19:50
good. All right.
19:51
Next one, we reviewed this one by rally, but just to kind of
19:53
give you guys a repop, this is a dead ski this.
19:55
The Dead Sea. It is this Salty's place on
19:57
Earth second only to Peter shift and then the scroll down Peter
20:03
Golem from the darkest, saltiest steps of the earth formerly
20:06
known as per Terkel until he was completely corrupted by gold.
20:13
Very, very nice. Very, very nice.
20:15
Anyways, for those means, I'm gonna let you know what, no,
20:18
because okay, I'm gonna give it Phil very, very good score.
20:22
A lot of thought into this. It's an empty water bottle been.
20:26
But would you give those memes? I pick up one but probably a
20:34
Bitcoin mining right behind me. Yep, Bitcoin mining rake.
20:37
This is true that signal right there.
20:38
Anyway, silver had the rake, we've never had the right, Phil?
20:41
What would you give those memes? All right, I am giving it this
20:47
very special, very special to my favorite.
20:49
Ripping dip sticker. That I have see what the cat
20:52
saying. Yeah, yeah.
20:54
Fuck you too. Phil fuck you too.
20:57
Anyways, guys, we want to know if you agree.
20:59
Grew their scores disagree. Let us know down in the comments
21:01
section and make sure to subscribe to us on alternative
21:04
video platforms. Because we do talk shit about
21:06
the world economic Forum like Rumble.com and a personal
21:08
favorite Bitcoin tv.com. They don't censor their because
21:10
Bitcoin TV and join our telegram group linked us some tank tank
21:13
tank Bitcoin meme serve you. But anyways Phil it's time for
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cloaks.com online store. All right so we're going to talk
21:43
about mining stuff we've been today.
21:45
But there was just so many nuclear bombs of news that we
21:48
are going to talk about mining. We're going to get to that,
21:50
right? Huge announcement today.
21:52
But first I want to get Ben's thoughts on this.
21:54
This was a very big deal, right? So US Senate, to consider Bill
21:58
exam. Earning El, Salvador Bitcoin
22:00
experiment, think about how crazy that is for a second, a
22:05
sovereign country passed a bill. The president has an 80%
22:10
approval parading and they pass it through their legislator and
22:14
the United States is somehow passing a bill to examine if
22:19
that's okay. That isn't colonialism.
22:22
I don't know what is. Anyways, the article goes on to
22:24
say the full, the full US Senate will vote on a bill, looking to
22:28
mitigate the To the US Financial system.
22:30
That's the Ferrari and sleep, huh?
22:32
From El Salvador's adoption of Bitcoin as legal tender after
22:35
the bill was passed out of committee, Wednesday,
22:38
accountability for cryptocurrency and El Salvador's
22:41
act, and it's bipartisan. I might add, it's a Republican
22:43
party and the Democratic party. And this is a quote from one of
22:46
the Senators as El Salvador has adopted Bitcoin as legal tender.
22:50
It's important, we understand and mitigate potential risks to
22:52
the US Financial system. So the US dollar the US dollar
22:56
which is politicians benefit from, I don't think the
22:58
financial resources Whatever. Anyways, he added that
23:00
legislation would require the state and treasury Department's
23:02
among other federal agencies to mitigate risks such as potential
23:05
empowerment of China, and organized criminal
23:08
organizations. Who the bill would also asked
23:11
the u.s. to monitor remittances from El Salvador, it's so fucked
23:14
up because Bitcoin, not the commodity, but the rails is
23:18
saving, we already know this. It's going to say Val
23:20
salvadorians tens of millions of dollars and remittance.
23:22
He's over in remittance fees alone, this is the president
23:25
president named buchelli responding to that, and he has a
23:28
screen shots of Bill, which will put that in the link
23:30
description. He says, never in my wildest
23:32
dreams would I have thought the US government would be afraid of
23:35
what we are doing here. It's so true.
23:37
Right? The US government does not stand
23:40
for freedom and that is a proven fact.
23:42
So we will stand for Freedom game on bitcoin is Fu money.
23:46
Now, check this out, this is so maniacal and fucked up in so
23:49
many different ways. I don't even know what to say.
23:52
He definitely sniff his own farts.
23:54
For sure, how do I know that he puts his credentials?
23:57
Not even in the bayou, In his name himself, US, senator Bill,
24:01
Cassie empty. Anyways Salvadoran residents in
24:05
the United States. Don't like this policy, we're
24:08
we're being responsive to their concerns.
24:12
The dude has an 80% approval rating, and this guy has the
24:16
fucking Gaul to say not only in English, but in Spanish to this
24:20
motherfucker doesn't speak Spanish.
24:21
Anyways, perhaps they don't trust the president who brags
24:24
about trading Bitcoin, naked? Oh, of course he got totally
24:27
demolished in the comment section will put it down below
24:30
so you guys can check it out. This is what gladstein had to
24:32
say, glassing thinks, the Senate is pursuing the legislation
24:36
because it's worried El Salvador is directing directly.
24:39
Providing a parallel structure to the Sing way foreign aid and
24:43
monetary system is given. I'm gonna scratch out for an 8
24:47
and monetary system and I'm going to just replace it with
24:49
control, right? He added that the bill seems
24:52
designed to force the state department to cast aspirations
24:56
on El Salvador's Bitcoin plants. And remember what we always say,
25:00
right, is that Bitcoin shines a light of Truth and it's doing
25:04
exactly that here. Anyways, been, what are your
25:07
thoughts on? This is just crazy, dude, it's
25:09
just revealing so many things that we need.
25:11
Ooh, that were there, but there is no way to prove it.
25:14
Oh, for sure, I mean to say right there that El Salvador's
25:18
decline strategy as a threat to the United States, obviously,
25:21
has a lot of bigger implications.
25:23
I just did some quick doodling while you were going through
25:26
that mean, El Salvador's GDP is 25 billion.
25:30
The world's GDP is 84 trillion. You know, El Salvador relative
25:35
to the world, is a fraction of 1% you know to think that what
25:40
they do there. It threatened, the US Financial
25:43
system is a joke, you know, the only thing that they're doing
25:47
there is they're setting the, they're being the first person
25:50
there being leading the way they're leading the charge.
25:53
And obviously what the US is afraid of, it's not afraid of
25:55
what El Salvador is doing its afraid of what all the other
25:58
countries are going to do when they adopt Bitcoin.
26:01
And I'm personally of the belief that I don't think it's going to
26:05
be the country that run their own money, printers that are
26:07
going to be the first to adopt Bitcoin.
26:09
I think it's going to be the countries that are dollar.
26:11
Sized. So there are 30 40 odd countries
26:14
in the world that use u.s. dollars for their main currency
26:19
and they did it for two reasons. One, they knew that if they did
26:22
it themselves, it would be corrupted and it would be
26:25
printed to nothing and become worthless and to they wanted
26:27
something that was accepted everywhere.
26:30
But, you know, this isn't 40. 50 years ago, the world is
26:33
completely changed. And, you know, now they have the
26:35
ability to do what they wanted to do, originally by adopting a
26:39
Bitcoin standard and saying, hey, You know, the u.s. is
26:44
corrupt Federal Reserve and their printing money and we have
26:47
no control over financial responsibilities and our
26:49
financial system. Why don't we adopt a Bitcoin
26:52
standard where you can't be corrupted and to its accepted
26:55
everywhere. So, you know, this is a, this is
26:58
a logical transition. I think for these dollarized
27:01
countries to take back, a lot of sovereign tree and I think that
27:04
scares the u.s. a lot. Yeah, absolutely.
27:07
Phil. What are your thoughts on this?
27:09
I just think it's hilarious because the, the essentially,
27:13
the US government thinks that this matters like and I know in
27:17
their minds that this is incredibly important in this
27:19
matters but you said it right there.
27:21
I mean look at the GDP compared you know of El Salvador compared
27:24
to the world I mean they are a speck really?
27:27
I you know on the map on the heat map and they are you know
27:33
how can I say this it's like a massive microscope on them.
27:37
Right. Because they are doing this.
27:39
It's dangerous, foolish, Bitcoin experiment.
27:42
I mean, look who decided that there was only one organization
27:46
that you can go and get money from.
27:48
I mean, you know, I've mentioned this in the past and it's not
27:50
just me people, you know, people way smarter than me have
27:52
mentioned this before. The SDR is this fake money that
27:55
the IMF uses to essentially enslave all these countries
27:59
under the guise of financial aid.
28:01
All will just give you a longer term to pay it back.
28:03
These people are completely insane.
28:06
Bitcoin is a fantastic parallel system.
28:07
El Salvador should And percent be cheered on to attempt a
28:11
parallel system. We should, we should all be
28:14
really excited. But for some reason, our there's
28:17
a large group of people where their incentives are just to be.
28:21
I don't know, I don't know how to say it, other than evil and I
28:23
know Nico is right about saying, you know, not everybody's just
28:25
sitting there with like, you know, twirling their mustaches
28:27
being evil but I honestly think that somehow there's some level
28:30
of mental Fakhri. Okay.
28:31
Yeah, it's happening. Okay.
28:33
And they're like, yes, you know, I want to I want to support this
28:36
system because it's good for me and screw these.
28:39
People, even though I know that what they're doing is perfectly
28:42
fine and probably the right thing.
28:44
Yeah, I do think that there's people out there, dude, but it's
28:47
not Klaus Schwab every definitely other people.
28:51
Anyways, we got very, very lucky guys.
28:53
I'll be honest with you because this is a nuclear bomb, we've
28:58
predicted this for months now. It was inevitable that Gas and
29:02
energy. Companies were going to get into
29:04
Bitcoin mining. The incentives are irresistible.
29:07
And we got very lucky because Ben Then came on the show when
29:11
this news drops. So this is absolutely Bonkers.
29:14
We're going to get his comments in a little bit.
29:15
I'm going to read some of the article says is by Bloomberg
29:18
Exxon ways taking gas to bitcoin pilot countries.
29:22
So absolutely crazy ExxonMobil is running which is one of the
29:26
you know one of the biggest energy companies in the world.
29:29
Exxon Mobil Corp is running a pilot program using excess
29:32
natural gas that would otherwise be burned off from North Dakota
29:36
oil wells to power cryptocurrency mining
29:38
operations. Considering doing the same at
29:40
other sites around the globe according to people familiar
29:43
with the matter. The oil giant has an agreement
29:46
with kurisu Energy Systems to take gas from oil.
29:48
Well, pad in the Bakken Shale base into Power, mobile
29:51
generators used to run Bitcoin, mining servers on site.
29:54
Said the people who asked to not be named because the information
29:57
is in public, the pilot program which launched in January 2021
30:01
and expanded in. July used up to 80 million cubic
30:04
feet of gas per month. That would have otherwise been
30:07
burned off or flared. Because there aren't enough
30:10
pipelines. So all the fucking green people
30:13
that are talking shit. There you go.
30:15
Anyways X on the largest US oil producer is considered similar
30:19
pilots in Alaska. The coup Weber terminal Nigeria
30:23
Argentina's back on Martha shell filled with Jana and Germany.
30:27
One of the one of the people said we this is a quote for I'm
30:30
sure spokesperson the from axons as we continuously evaluate
30:35
emerging Technologies aimed at reducing flared.
30:38
Flared. Across our operations and Exxon
30:41
expects to meet the world bank's call to and routine flaring by
30:44
2030. Because Bitcoins spokesman Sarah
30:48
Norton said in an email. She declined to comment on
30:50
rumors and speculations regarding the pilot program
30:53
pilot project. So Ben I think this is huge but
30:57
I'm just a humble pleb. What are your thoughts on this?
31:02
It makes perfect sense. The flare gas, mitigation thing
31:04
is, I think the nail in the coffin for a lot.
31:09
Of these ESG Fudd that we hear coming out about about Bitcoin
31:12
mining. I was before I joined this on so
31:15
is actually in Alberta selling containerized Bitcoin Minds to
31:20
oil and gas companies specifically for this purpose
31:23
back in 2018 and 2019 when this wasn't really a big thing.
31:27
But you know, I'd go in and speak with some of these large
31:30
oil and gas companies and you show them the math and over time
31:34
they start to understand it or you show them, you know, they're
31:38
their unit of gas. That mmps is going to go for you
31:41
know, back then it was about to Canadian dollars.
31:44
But you convert that into Bitcoin and you're getting $25
31:48
out of that, same unit of gas, why do you want to sell your gas
31:52
to the market for two dollars when you can sell it to bitcoin
31:56
for $25? You know it's a huge increase,
32:00
it takes investment and it takes, you know, capex and
32:03
operations and everything else. But Bitcoin is a much more
32:07
valuable energy market for gas. Gasps and the flared gas
32:10
situation is particularly interesting because this is
32:14
marginal cost energy. You know.
32:16
This is an energy asked that that was completely written off
32:20
on the book. This never being able to be
32:21
monetized or used or stored properly great cost effectively
32:26
and so Bitcoin comes in here. We monetize this asset at
32:30
marginal cost electricity that means that all those old S9,
32:35
scan, all can just be redeployed into flare gas, mitigation What
32:39
does that do? Well, that extends the useful
32:41
lifespan of that equipment which is already at seven years.
32:45
No, it's already at seven profitable years for an S9,
32:50
depending on where you are and extends out lifespan out for
32:53
years. It drastically reduces the cost
32:56
of oil and gas companies because they're buying cheaper used
32:59
equipment that's appreciated in value.
33:02
Which means that they spend less per site and they can reduce
33:05
more flare gas across more sites across all the world with the
33:09
same amount of capital. I mean, this is a really really
33:12
game-changing thing. And if you want to, you know,
33:15
talk about reducing emissions, which I think is a bunch of
33:18
nonsense. But if you, if that's your goal,
33:21
if your goal is to reduce emissions, absolutely, there is
33:25
no better technology on the planet than Bitcoin mining
33:27
through flare gas because every other technology in the planet
33:32
requires private subsidy in order to make it or government
33:35
subsidies in order to make it economical.
33:37
This is the only technology. In the world that provides an
33:40
economic incentives to producers all over the world to directly
33:44
reduce their emissions and profit as a result.
33:46
The only one so there's no better technology on the planet
33:50
for reducing emissions beautiful.
33:52
Phil are used militias I am bro. Yes, definitely.
33:57
Okay, so look. So we've got let's take a look
33:59
at this from like a slightly different, slightly different
34:02
angle and definitely much less knowledgeable about mining but
34:05
just the overall social picture, right?
34:07
So we've got, we've got Governments trying to fight
34:10
Bitcoin. Okay?
34:11
And we've got all this quote-unquote legislation trying
34:14
to push Bitcoin out but yet but yet we've got Intel that with
34:17
the, you know, that we announced last week that was announced
34:21
that they're going to be joining the mining game right by
34:24
creating their own version of Asics and now we've got
34:29
ExxonMobil right announcing publicly that they've been doing
34:33
this pilot project now since January 2021.
34:37
So look. Big corporations suppose,
34:40
telling Eco before the show, big corporations, don't move quick.
34:43
They move very slowly. Okay?
34:44
And they don't often take these types of risk, especially not
34:47
this type of this type of business, okay?
34:51
Like especially not something like ExxonMobil necessarily or
34:55
Intel for that matter. So for them to be diving into
34:57
this, they've done their due diligence, they figured out
35:00
their numbers and they've realized like look, regardless
35:03
of what we're seeing in terms of the news with the, you know, the
35:06
maintenance re the corporate owned media and all the BS that
35:08
that's Thrown around about Bitcoin, the corporation's, the
35:11
larger corporations are coming in and they're starting to make
35:16
a dent in the footprint, you know.
35:17
So this is very, this is interesting turn of events.
35:20
How long do they put it on their balance sheet?
35:22
I don't know, but the incentives I think are irresistible
35:25
anyways, to address the elephant in the room that we have been
35:28
covering the last couple of days.
35:31
We had some big news from New York but I'm going to cover this
35:33
one first. Luckily we miss this, I mean
35:36
they didn't vote for this but the EU vote.
35:39
Oats 3223 against the de facto Bitcoin mining been.
35:43
It's funny because they advocate for proof of, for proof of
35:45
stake, which we know is bullshit, but, you know, proof
35:49
of work is bad, but it wasn't only the EU.
35:52
It was also the, the New York state.
35:55
But this one is a little bit more serious because it's
35:57
already passed the committee. Now, it has to be voted on the
36:00
legislation, but it hasn't been defeated yet.
36:03
And that legislation essentially, kills Bitcoin
36:06
mining, right? They say, oh, it's okay if it's
36:08
100% Bubble, nothing is 100% renewable.
36:11
And the most ironic part is that there's two different standards
36:14
of Court banking, their whole, to a said, it's okay with
36:17
banking. You don't have to ask questions,
36:19
but Bitcoin mining has to be 100% renewable.
36:22
You know, I think bitcoiners are by default a little bit, you
36:26
know, paranoid. So I would like to think it's
36:29
because of control, but I don't know.
36:31
Ben, what are your thoughts on this be?
36:33
It's BS Pro, it's BS. It's always been nonsense but
36:39
You know, that doesn't mean that politicians aren't going to put
36:41
forward nonsense. It all almost always means it.
36:44
That's exactly the kind of stuff that they're going to propose
36:47
you know I think a lot of this stuff comes from the fact that
36:50
people don't actually understand electricity and energy and you
36:53
know what is energy, how do they can't convert it into
36:55
electricity? How is it distributed and
36:57
transmitted to your home or business people to understand
37:00
it? People think electricity is like
37:03
some some mythical thing that you know you just flip on the
37:06
light switch and there's just power there and it just You
37:09
know, you don't know where it comes from and you don't really
37:11
care. And so I think when that's your
37:13
perspective, it's really easy to, you know, pick a picks a
37:18
Target and say, you know, you're the problem.
37:21
I'm going to, I'm going to get rid of you because that'll fix
37:23
everything. It won't fix anything in the
37:25
energy, infrastructure and Europe.
37:27
They've already screwed that up through the policy.
37:30
You know, this would just be a doubling down or quadrupling
37:33
down of bad mistakes made in the past.
37:36
So, you know, I think is very positive that it didn't happen.
37:40
And if again, if their goal is renewable electricity to power
37:45
all of Europe than Bitcoin, mining helps incentivize that
37:49
development and that, that infrastructure.
37:52
So there's no reason why you should want to ban it and say,
37:55
hey, we want to be completely renewable.
37:58
We should actually invite Bitcoin miners to come in here.
38:00
Become anchor, tenant that new hydroelectric, dams become,
38:03
anchor tenant, that nuclear power plants, right?
38:06
And be able to drive that base, load demand and provide Demand
38:09
response. That's necessary to have a
38:12
stable and cost-effective grip. Phil, what are your thoughts on
38:16
this? This, this might sound a little
38:17
hyperbolic, but I feel as though, Banning proof of work
38:21
essentially bands, you know, whoever does it essentially
38:24
bands themselves from future Prosperity, like I just feel
38:28
like it's this, it's this terrible response, you know, as
38:32
you were indicating it's just a terrible response, you know, to
38:37
to a situation and I feel that they're incredibly misinformed,
38:41
of course, I obviously I'm happy that it didn't go through,
38:43
right? But like Nico pointed out, New
38:45
York, New York, hasn't Struck it down yet.
38:47
And yet, for some reason, like there is a heavy.
38:51
There is a heavy push over there to really get this out.
38:53
Like something about that state, I don't understand it.
38:56
Like why they are such enemies of proof of work, you know, but
38:59
it's really really odd anyways. Yeah, man.
39:04
Look, I think they're, they're, they're taking themselves out of
39:06
the market. I said it yesterday, they're
39:07
making themselves obsolete, you know, and I think that, at the
39:11
end of the day, a lot of this news is just a lot of its look.
39:14
It's just a lot of noise, right? We just talked about it before
39:16
ExxonMobil, right? Like that, that's the beginning
39:19
of the death of the ESG narrative as been indicated.
39:22
Absolutely here. New York is definitely gonna
39:25
have fun staying poor, if that passes anyways, check this out.
39:28
Awesome. Awesome name.
39:30
Bit Farms commences production at the bunker that sounds
39:33
badass. Anyways, the read a little bit,
39:34
the bunker is being constructed. In three phases phase.
39:37
One of which is, art has been completed an initial capacity of
39:40
12 megawatts decent chunk energizes.
39:43
The bunker moves us one step closer to meeting the Target.
39:46
Rapid deployment of mining assets is underway.
39:49
The bunker is presenting operating at 300 Peta hashes.
39:52
It's a lot of miners upon full build-out.
39:54
The bunker is expected to be a 48 48 megawatt, facility
39:58
housing. 13 thousand miners anticipated to deliver 1300 Peta
40:02
hashes per construction is being done in three phases.
40:06
So then what is the butter? What's going on Bunker?
40:12
For the bunkers. Our newest Bitcoin mind that
40:14
we've built our new Bitcoin farm that we've built it since it's
40:19
in cubic and this is in a building that was designed to be
40:22
a Distillery. And so the requirements for this
40:26
building was that it was supposed to be able to withstand
40:29
an explosion of The Distillery from inside the And so the
40:34
building is three-foot, thick concrete.
40:38
I mean if it could just survive, probably a nuclear blast.
40:42
So that's why we call it the bunker.
40:44
It's their biggest site that we've built so far forty, eight
40:48
megawatts. Is huge.
40:49
I mean, that's 1.3 x a hash, to think about all those miners the
40:53
in plugged in and one location is really quite exciting for us,
40:58
but it's not just about fell bunker.
41:00
You know, the release their also said we're deploying.
41:03
Miners. In Paraguay, I mean, we've got a
41:05
lot going on right now. We're operating in four
41:09
different countries. Currently we've got multiple
41:11
facilities under development, multiple facilities under
41:14
upgrading and we just continue to grow like a weed and that's
41:18
what all the Bitcoin miners are doing right now.
41:20
They're growing like a weed and the reason why Bitcoin miners
41:24
are investing now is because they're getting ready for the
41:27
rally. They know that that rally is
41:29
coming, it's inevitable. That is coming and the way that
41:32
you make money as a minor. You by while the markets down,
41:35
even if that's all the markets down and you're ready to ride
41:38
that leg up, you don't make money as a minor if you buy in
41:43
at the peak. It's, it just doesn't work that
41:46
way. Nothing works that way.
41:47
You cannot buy in the peak and make money.
41:49
You always have to buy enough below.
41:51
So, incredibly bullish, I think seeing all the growth in the
41:54
industry and we really like to to do this, you know, this is
41:59
something that we think is a strategic way for us to kind of
42:02
give back to the Bitcoin. Mining community and get give
42:06
people an alternative. You know, when I was getting
42:08
started, there was just a couple of cloud Miners and a couple of
42:12
providers but everything was really scammy, everything was
42:15
really sketchy and I think that that's really held the industry
42:19
back. Part of decentralization is not
42:22
just about the physical location of the machines, it's about the
42:26
ownership as well. And so what we're trying to do
42:29
is be centralized ownership of our hash rate through our public
42:32
company and we met Cost-effective transparent
42:35
efficient Bitcoin, mining available to anybody in the
42:38
world you know, without the huge counterparty risk that you used
42:42
to have with with Cloud mining companies and providers not
42:45
knowing if they were going to actually do what they said they
42:47
were they were going to back out of a contract.
42:49
If they were going to cancel something if they just take your
42:51
miners away, you know, that's it's really game-changing.
42:56
I think what's happening here in the mining industry and that's
42:58
just going to bring so much more investment so much more
43:00
attraction to bitcoin. And it's really going to be a
43:04
big driver of the next leg up. Absolutely, it's funny that you
43:08
mentioned the old distillery because I found myself in the
43:11
similar situation, which I've told Phil many times, right
43:14
where I started after I left that, as well as the place,
43:16
where I started mining was this, it's in South Carolina and it
43:19
was an old pantyhose Factory that had all the necessary
43:23
infrastructure already there. Had to had a had are extractors,
43:26
you know, to get the fumes. I was already set up so it's
43:29
funny to hear you. It's like oh you're taking
43:31
advantage of infrastructure or It's already there.
43:34
I'm sure that, you know, the, the electrical infrastructure
43:37
somebody's already built out, right?
43:39
So yeah, it's just so funny how Bitcoin gives value to things
43:44
that would already go to waste whether that's flared gas or
43:47
whether that was, you know, old buildings that, you know, no one
43:50
ever thought was gonna have any use anymore, so very cool stuff.
43:53
Anyways, Phil, what are your thoughts on this?
43:56
You know what, I have nothing except that story.
43:59
Just made me super bullish, right?
44:01
Like that's really what it did. I was just listening to To him.
44:03
And I'm like, wow, this is awesome.
44:06
And you see the signal like of what Ben said?
44:09
He said that when the prices down, this is the time to go and
44:14
invest, right? So, while you have like a whole
44:16
bunch of other people, bunch of weak hands that are, you know,
44:18
running for the exits, you've got people that are doubling
44:21
down building infrastructure because they know what's coming
44:25
bullish. So, been in the announcement, It
44:28
also says that each facility is over 99% powered with
44:32
environmentally. Only hydropower.
44:35
Is that something that b Farms is trying to stick to just
44:39
hydropower? You're not trying to, you know,
44:42
might because I remember when I started Mining and it was funny
44:44
because you said in 2018 2019 things to change and they did
44:47
change because before that it was all about grid Mining and
44:50
finding, you know, scouting that cheap electricity.
44:52
And I think something happened in the industry.
44:54
Could he talk a little bit about that?
44:56
Sure. I mean, the hydropower is
44:58
something that I think is really unique to our company.
45:00
Since 2017, every Bitcoin, we've mind, we've done it.
45:03
It with all with hydropower. I mean, really, the province of
45:07
Quebec is completely Hydro. There is one that gas peaker
45:11
plant, which may get turned on, you know, but often it just
45:15
doesn't get tired on at all, you know, it could go years without
45:18
being turned on and we're on a curtailment program.
45:20
So, if the peaker plant was ever needed to be turned on, we would
45:24
already be turned off, you know, to make that power available to
45:28
the community. The for us to hydro thing is
45:33
Really important on the inflation side of things.
45:36
You know, we've been sitting in a multi-year period.
45:40
I think we're Commodities where depressed and Nat gas and oil
45:45
and we're really been pushed down, you know, and that's
45:49
driving. A lot of those Neck gas
45:50
electricity prices. As we enter into this
45:53
inflationary commodity supercycle, there's going to be
45:57
several things that happen on the NAT gas side.
46:00
Specifically but Nat gas price has to go go up.
46:04
I mean, it has to go up from just inflationary concerns but
46:07
then you also have on top of that, you have the gasification
46:10
of every coal, plant in North America and seemingly around the
46:13
world, which is increasing demand exponentially and that
46:16
gas at the same time, regulators and politicians are shutting
46:22
down, new gas, plants, new, gas Wells, new gas, pipelines, new.
46:25
Gas processing plants. And so you're restricting
46:29
Supply. At the same time, your
46:31
increasing demand in the middle. The at the beginning of a
46:35
commodity supercycle and inflationary, I don't know what
46:38
you're going to call this inflationary supercycle to, it's
46:42
really quite crazy and so for us, you know, we're trying to
46:45
say how do we as a minor? How do we make our minds
46:49
profitable for the long term? We know that minor is going to
46:52
be generating a good casserole for at least, five or seven
46:55
years. How do we set up to make sure
46:58
that we can achieve that pole, five to seven years or Beyond?
47:01
And I think Hydro is the way to do that.
47:03
That there is no real costs associated with maintaining
47:09
eyes. Those damn, why is it so cheap
47:11
this? It's one of those situations
47:13
where the capex is much higher to build a hydro plant, because
47:18
it requires so much labor so much engineering so much, you
47:21
know, excavation so much cement. But on the backside, you're off
47:25
X is cheap because there's no fuel, there's no input.
47:28
Like you have Labor and some and some parts but I mean it's very
47:33
Very minimal cost. And so if you're looking at
47:35
what's going to do the best and inflationary, you know,
47:38
supercycle. I want the energy source with a
47:42
few with inputs, right? I also want the energy source,
47:45
that's the most bureaucratic and slow to change.
47:48
And that tends to be Public, Utilities, you know, I don't
47:54
want to be in a market that has a free market for price and and
47:57
I'm, you know, exposed to that price of that gas as it
48:01
continues to go up. I want to be in a place.
48:03
Where, you know, the utility can't change their price because
48:07
then the mom and pop is going to complain about the price being
48:10
changed on them. That's going to give us the most
48:13
stable, long-term cost effective power.
48:16
We think for running our operation.
48:19
So it's really strategic for us about every farm that we have
48:22
now is all hydropower. We are building our first nap
48:25
gas site down in Argentina but that's kind of a special
48:29
situation as well where we're taking advantage of an excess
48:32
energy. And access infrastructure.
48:35
So we're getting very very low cost power relative to what
48:39
we're paying in Quebec. Very, very, very awesome.
48:44
Then, thank you so much. But anyways, Phil it's time for
48:47
know, is that site for anything. There was an open source
48:49
software, Lisa day, 22 everybody about it software releases,
48:52
brought to you by Cipher safe. Check them out.
48:55
Cipher safe dot IO, it's no secret.
48:58
The biggest deal is storing your seed for your Bitcoin.
49:03
Do it in the Cipher wheel or the all new Cipher grid.
49:07
They both come with a tamper-resistant wire but the
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grid comes with a punch tool. We've got I'll be version 1.7
49:15
dot 0 and for the people who don't know what that is, that is
49:17
a plug-in for YouTube for people to be able to stream, SATs to
49:22
YouTubers. The link is down below in the
49:26
show notes. Don't forget, we drop our
49:29
episodes on audio only platforms.
49:33
Check us out. On Apple, podcasts Spotify, and
49:37
anchor. And if you want to stream of
49:38
some SATs Fountain dot f m--. Awesome.
49:41
Thank you for. All right, guys, before we going
49:43
to give a very special shout-out to our awesome thread.
49:46
Sponsor represent represent LTD.com or rep, hard.com.
49:50
And you can take advantage of the link down below for 10% off
49:53
anything on the store, Phil Knight, where their hoodies
49:55
every episode. I also want to give a very
49:57
special shout-out to our awesome guest.
49:59
Been you can go give him a follow on Twitter at hash over
50:03
Ride. He is the chief mining officer
50:05
at bit Farms now that you guys got a lot of the inside scoop at
50:08
bit Farms. I'm correct me if I'm wrong, but
50:11
they are publicly traded company and Canada.
50:13
Definitely, go check it. Check us out guys.
50:15
If you could check them out, guys, if you enjoyed the show,
50:18
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50:20
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50:22
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50:27
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50:28
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50:32
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