Nick Garland

Building @simpleminingio has never been about shortcuts. We’ve bootstrapped this company from day one — no outside capital, no debt, no fundraising rounds. Just hard work, customer obsession, and the discipline to do things the right way. Our growth has come from the basics: • Under-promise, over-deliver • Treat customers like true partners • Fix problems fast and take ownership • Build a culture that runs through walls • Empower great people to do great work In an industry where “raise first, build later” is the norm, we chose the opposite path. We built Simple Mining the old-fashioned way — with sweat, execution, and a team that believes in the mission. We’ve come a long way from our first container on our first site just four years ago to now operating nearly a dozen sites under management across Iowa, being ranked the fastest growing company in Iowa on the Inc. 5000, and becoming the 4th largest consumer of power in the entire state, behind only Facebook, Google, and Microsoft. Bootstrapping isn’t easy. But it creates character, discipline, and a company that controls its own destiny. Proud of our customers. Proud of our team. And proud that we’re building something real, the right way. The future is bright. Let’s roll!

Our new 10 MW Hydro Cooled site is nearing completion! Excited to get more hashrate up and running in the coming weeks!

@Metaplanet annual shareholder meeting ✅

Every Bitcoin mining site just became a possible acquisition target for AI companies now that they can operate on flexible loads versus firm loads at 99.999% uptime. More miners will likely transition to AI and difficulty will continue to stay stagnant. Those continuing mining will reap the rewards.

Jane Street down. Bitcoin up. Funny how that works

What happens when everyone asks AI for investing advice and it keeps reaching the same conclusion? Bitcoin is the only globally accessible asset with a credibly fixed supply that anyone in the world can independently audit.

Network difficulty is about to jump 15%+. If it holds, this will be the largest positive difficulty adjustment in almost five years. Before everyone screams “massive new hash coming online,” let’s add some context. Most of this move is simply a correction from the biggest negative adjustment we just had. The winter storm in the U.S. forced a huge amount of hash offline because of curtailments. Now those machines are back on, so difficulty is snapping back up. This adjustment is going to push hashprice to all time lows, especially with Bitcoin sitting under $70,000. So the real question is: how long can inefficient operators survive in this environment? Here’s the part most people miss. Large scale operators don’t just flip a switch off because margins get tight for a few weeks. Many have power agreements where they’re expected to draw a certain load. In some cases it actually costs more money or does more long term damage to their business relationships to shut down completely. That’s why I don’t think we see an immediate wave of machines going offline. Yes, we’ve already seen a lot of older generation units retired. Some bigger companies have shifted capital into AI and have already powered down inefficient fleets. But there’s still a lot of older hardware out there. If hashprice stays suppressed for several months, then we’ll likely see a real impact on network difficulty to the downside. It won’t happen overnight. The operators running newest generation equipment at the best efficiency and lowest power rates will be fine. Everyone else is going to feel the pressure. The next few adjustments are going to be very telling.

Site #10 is almost live. We’re officially inside the 45 day countdown for Site #10 to be energized. Containers are scheduled to deliver to site on March 13th. 10 MW of hydro cooled bitcoin miners will be deployed here by spring! Excited to bring this site online and continue expanding what we’re building. More updates soon. ⚡

Lowest Bitcoin fear and greed index in history.

@MartiniGuyYT Who’s selling here

THE CRYPTO FEAR AND GREED INDEX HAS JUST DROPPED TO 5, DOWN FROM YESTERDAY’S SCORE OF 11 👀

Simple Mining is the official sponsor of the @Metaplanet conference on March 25th. Stay tuned for a big announcement

Excited to be an official sponsor of Metaplanet at their shareholder event in Japan this March!

@Nostre_damus @realJuniorPardo Buy bitcoin you’ll be better off

@realJuniorPardo Silver

I have $160 to spend. Should I get two ounces of silver, 16 goldbacks, or 1 gram gold bullion? What do you think @Nostre_damus.

It takes about 10 days to break the dopamine hit from doomscrolling on your phone. Before you pick up your phone ask yourself why you are doing it. Is there a clear intention, to check a message or call someone. If you stop to ask this question and the answer is to scroll on social media, then it will help you keep the phone down

What was the best thing you read, watched, or listened to this week? Any topic is fair game.

@GrantCardone Buy more Bitcoin!

Just left National Multi Housing Conference. Real estate is negative & BTC is crashing what should I do?Overall sentiment….

The Bitcoin Network just had a major reset. The network is about to adjust by nearly -11%. This will be the 9th largest negative difficulty adjustment in Bitcoin’s history, and the biggest we’ve seen in nearly five years, dating back to the China mining ban. What drove it? The bulk of this adjustment came from the recent winter storm. Hundreds of EH/s were forced offline due to extended curtailments. At one point during the adjustment window, difficulty was tracking toward -18%, before recovering as operators gradually powered back on. Now we’re entering an interesting phase. Hashprice is sitting near all-time lows, and many miners running older-generation equipment are operating at or near breakeven on power costs. If Bitcoin remains in the $60k–$70k range, it will be telling to see how many additional miners are forced to shut down, as these economics are not sustainable for long periods with inefficient fleets. I expect another downward difficulty adjustment ahead. Why? Many operators continue to pivot capital toward AI infrastructure, and large portions of the mining industry have not meaningfully upgraded to next-generation equipment in some time. That suggests a growing efficiency gap across the network, likely driven by capital constraints. The takeaway: 
Miners running the newest-generation equipment at best-in-class efficiency remain well positioned. There will always be profitable Bitcoin mining as long as Bitcoin has a value above $0. For those who can stay online through periods like this, mining just became more profitable on a Bitcoin denominated basis.

The Bitcoin Network just had a major reset. The network is about to adjust by nearly -11%. This will be the 9th largest negative difficulty adjustment in Bitcoin’s history, and the biggest we’ve seen in nearly five years, dating back to the China mining ban. What drove it? The bulk of this adjustment came from the recent winter storm. Hundreds of EH/s were forced offline due to extended curtailments. At one point during the adjustment window, difficulty was tracking toward -18%, before recovering as operators gradually powered back on. Now we’re entering an interesting phase. Hashprice is sitting near all-time lows, and many miners running older-generation equipment are operating at or near breakeven on power costs. If Bitcoin remains in the $60k–$70k range, it will be telling to see how many additional miners are forced to shut down, as these economics are not sustainable for long periods with inefficient fleets. I expect another downward difficulty adjustment ahead. Why? Many operators continue to pivot capital toward AI infrastructure, and large portions of the mining industry have not meaningfully upgraded to next-generation equipment in some time. That suggests a growing efficiency gap across the network, likely driven by capital constraints. The takeaway: 
Miners running the newest-generation equipment at best-in-class efficiency remain well positioned. There will always be profitable Bitcoin mining as long as Bitcoin has a value above $0. For those who can stay online through periods like this, mining just became more profitable on a Bitcoin denominated basis.

Bitcoin just increased by $12,000 in price in 24 hours. To put this in context: It took Bitcoin 12 years to reach $12,000.

@PeterSchiff @ZssBecker Is silver in a bear market? It crashed from $125 to $70

@ZssBecker It's highly unlikely that $60k was the bottom. Bear market rallies are typically sharp and create a false sense of hope that a new bull market has begun.

Nice job selling at $60k during highest overselling and max fear readings in crypto history RIGHT before the biggest bull run in crypto history. You biblical fucking retard.

@Nostre_damus Bitcoin doesn’t require trust

CIA is behind Bitcoin Don't trust it