Bitcoin Miners are Dung Beetles with Rob Warren | Value Stack 25

Rob W is the co-founder and partner at Distributed Hash, and business development lead for Upstream Data.

In this episode, we talk about how “bitcoin miners are dung beetles”, referring to his recent 3 minute monologue at the Adams County Commissioner hearing in Colorado, on banning bitcoin mining with flared natural gas.

We also discuss running large-scale ASIC performance and heat tests, differences in Whatsminer vs Antminer machines, our favorite bitcoin educators, green-energy narratives and the oil & gas industry, and more!




  • 0:00 Intro – Rob W (Distributed Hash / Upstream Data)
  • 2:20 Croesus BTC article – Owning the land / protocol
  • 5:19 Bitcoin is for everyone
  • 10:00 “Bitcoin miners are dung beetles”
  • 23:13 Bitcoin mining helps the electrical grid
  • 32:50 ASIC research testing-
  • 43:20 PI System from Upstream Data
  • 44:45 Favorite bitcoin ASIC miner
  • 52:25 ASIC miner performance and improving temperatures
  • 1:00:00 Bitcoin miner efficiency
  • 1:03:00 No-KYC bitcoin at home with your energy bill
  • 1:08:10 HODLing is hard
  • 1:11:10 Why regulation is ineffective
  • 1:20:30 Rocky Mountain Bitcoiners
  • 1:23:00 Importance of staying humble and stacking sats
  • 1:41:49 Question for Adam O – how do you get used to thinking in BTC terms?
  • 1:44:20 Outro/Socials -@bikesandbitcoin