The West Texas Loophole Bitcoin Miners Are Exploiting w/ Chris Alfano

About this episode

Jesse interviews Chris Alfano about the advantages of negative-priced natural gas in Bitcoin mining in West Texas.

🔗 Chris Alfano: Website: https://360energyco.com LinkedIn: https://www.linkedin.com/in/christopher-alfano-a195a058/ X (Twitter): https://x.com/chrisallfano In this episode of HashrateUp, Jesse sits down with Chris Alfano, CEO of 360 Energy, to break down one of the most overlooked power cost advantages in Bitcoin mining: negative-priced natural gas in West Texas. Chris explains why the Waha Hub has traded at negative prices 70% of the time over the last three years, what's driving that structural imbalance in the Permian Basin, and how Bitcoin miners can co-locate at stranded gas sites to access energy costs that go below zero. The conversation covers 360 Energy's origin story, two and a half years of off-grid R&D, their APEX gas offtake model, and the contrarian case for deploying into Bitcoin mining right now while the rest of the industry pivots to AI. Whether you're an operator looking for your next marginal cost of power or a miner sitting on older-generation ASICs wondering where to redeploy them, this episode lays out a concrete playbook for mining profitably in a low hash price environment. 0:00 Introduction & 360 Energy background 7:00 Raising $6M in 2021 and…

People in this episode

Host: Jesse

Guest: Chris Alfano

Topics covered

• Bitcoin mining
• energy costs
• natural gas
• West Texas
• off-grid R&D
• ASIC redeployment
• contrarian investment

Keywords

• Bitcoin mining
• negative-priced gas
• 360 Energy
• Permian Basin
• ASIC redeployment
• energy costs
• off-grid

Mentioned in this episode

Organizations: 360 Energy

Places: West Texas, Permian Basin, Waha Hub

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