070 Profitable Bitcoin Mining at Hash Price $30 w/ Spencer Marr

070 Profitable Bitcoin Mining at Hash Price $30 w/ Spencer Marr

Published: February 16, 2026

Duration: 42:35

๐Ÿ”— Spencer Marr: LinkedIn: https://www.linkedin.com/in/spencermarr/

๐Ÿ”— Sangha Renewables: LinkedIn: https://www.linkedin.com/company/sangha-systems/Website: https://sangarenewables.com

In this episode of HashrateUp, Jesse sits down with Spencer Marr, President at Sangha Renewables, to break down how their 20MW solar mining project with Total Energies stays profitable even at hash price $30.

Spencer explains Sangha's project finance approach to Bitcoin mining, how they achieved 2.8ยข/kWh all-in power costs through behind-the-meter co-location, and why their strike price arbitrage strategy allows them to maintain 85% uptime while staying cash flow positive. The conversation covers...