to this show, you probably own Bitcoin and you got it the same way. You paid full price on an exchange. But there's a smaller group of business owners, family offices, and investors with sharp CPAs, and they're quietly getting theirs a very different way. They own the machines that make it, mining. Here's how it works. You buy the miners, and Simple Mining hosts and runs them at their facilities in Iowa on industrial power rates that you could never get on your own. The Bitcoin they mine goes straight from your machine to your wallet. There's two reasons I find this interesting right now. One, the economics. cheap power lets you convert electricity into bitcoin at a discount to spot you're acquiring the asset below the sticker price that everyone else pays but second and listen closely you've got a big income here miners are classified as computer equipment equipment means depreciation qualifying buyers can write off the entire purchase in year one it's the same playbook real estate investors have run for decades pointed at bitcoin Your CPA will want to see this before the end of the year, and so with attractive financing available, you can deploy these assets without selling any of your assets to do it. This is not some garage operation. Simple Mining runs over 40,000 machines and was just ranked the fastest growing company in Iowa on the Inc. 5000. They put together a valuable resource called the 2026 Bitcoin Mining Blueprint. It covers the five mistakes investors make when allocating to mining and how to avoid them before deploying capital. You can access it for free at simplemining.io slash pomp. That's simplemining.io slash pomp. Go check it out today. Today's episode is brought to you by Abra, the secure way to grow crypto wealth. Abra offers individuals and institutions end-to-end crypto wealth management solutions, including custody, trading, yield, and crypto-backed loans through a unique separately managed account structure where title is retained by you, the client. In other words, your assets stay your assets. Abra has been partnering with crypto holders for 8 years and has processed over $2.5 billion in loans to date. With Abra's loan product, you can access up to 50% of the current value of your collateral. There's no minimum or maximum loan sizes, and Abra can handle 9-figure plus loans. Rates are extremely competitive in the 4.5% to 6.5% APY range. Loans are open term, meaning you can keep borrowing against your collateral without closing a loan as the price appreciates. Buy a house, take a trip, make a large purchase, or diversify your investments without selling your Bitcoin. All deposits are held in secure MPC wallets and there is no rehypothecation. Find out more at Abra.com and tell them Pomp sent you. Again, that's Abra.com and tell them Big Pomp sent you. So in the last two weeks, I have seen BlackRock, I have seen Bloomberg, and also Citrini. They put out a research piece with a nice image that had DeFi on Wall Street on it. And if I did not know Citrini wrote it, and I read through the notes of this, it could have been a Jordi Visser piece in terms of the main message of there's this intersection of crypto and Wall Street. I think that some people will read some of these other pieces, whether it's BlackRock, whatever, and be like, oh my God, Jordi Visser's ideas are infiltrating whatever. You said something to me interesting though which is this is good because it means that like we're transitioning from almost like a contrarian view to consensus view and you kind of need that can you explain a little bit as to as people see this idea show up in other places why
cheap power lets you convert electricity into bitcoin at a discount to spot you're acquiring the asset below the sticker price that everyone else pays but second and listen closely you've got a big income here miners are classified as computer equipment equipment means depreciation qualifying buyers can write off the entire purchase in year one it's the same playbook real estate investors have run for decades pointed at bitcoin Your CPA will want to see this before the end of the year, and so with attractive financing available, you can deploy these assets without selling any of your assets to do it.