The Pomp Podcast
#476: Mason Jappa on The State of Bitcoin and Mining
- Mason Jappa, cofounder and CEO of Blockware Solutions, discusses the company's vertical integration in Bitcoin mining, ASIC distribution, and hosting across 45+ megawatts of capacity.
- The Blockware research report "Bitcoin Market Outlook 2021: $40,000 is Only the Beginning" analyzes eight key indicators of institutional adoption driving the current bull cycle.
- Record institutional demand for mining rigs has created nine-plus-month lead times as companies like Mara, Riot, and Bitfarms acquire tens of thousands of machines for long-term holdings.
- Google search trends for Bitcoin remain at only 50% of 2017 peak levels, suggesting retail participation has not yet accelerated—a potential sign the bull market has room to run.
- Central bank monetary policy—including 24% USD supply expansion in 2020 alone—is driving corporations and institutions toward Bitcoin as inflation hedge and digital gold alternative.
- On-chain metrics including whale wallet concentration and active address growth are lagging historical bull-cycle patterns, indicating the market remains in early stages.