Recently, we hosted an insightful AMA with Dennis Porter, CEO of Satoshi Action Fund, alongside Jeremy Dreier, Chief Business Development Officer at GoMining, and Yann Barry, GoMining’s Community Lead.
Porter, a leading advocate for Bitcoin-friendly regulation, works directly with policymakers to shape the industry’s future. From Senate votes to grid stability to Bitcoin’s place in global finance, this AMA was packed with key insights.
Missed it? Catch the full AMA recording here.
Here’s what you need to know.
🔥 Bitcoin policy is shifting — Major votes, regulatory battles, and the push for a US national Bitcoin reserve signal a changing landscape.
🔥 Bitcoin mining is revolutionizing energy — Preventing waste, stabilizing grids, and offering a smarter alternative to traditional power solutions.
🔥 Global Bitcoin adoption is accelerating — Countries are betting big on BTC.
🔥 GoMining is driving Bitcoin innovation — Making mining more accessible and fueling BTC-native projects through its launchpad.
Let’s Dive into Some Key Questions
On Bitcoin & U.S. Policy
What are the biggest misconceptions policymakers have about Bitcoin?
Dennis Porter: One of the bigger misconceptions for people that are more neutral or that are sitting on the fence and are really interested in jumping on board with this technology is they oftentimes still don't understand the use cases of Bitcoin and the digital asset ecosystem.
Folks that are really concerned about how we use this technology and how we advance it, they're not necessarily trying to be skeptical, but they want to find ways to say yes. Even Senator Warner recently talked about how he wants to get to a yes…he would commonly say, “I want to get to a yes, I just want to understand what we can do with this stuff.”
So it's really about cutting through the noise, because there are a lot of pitches, so to speak, from the crypto industry on what this technology can do.
Bitcoin mining is such a powerful thing to demonstrate to these members of Congress, lawmakers across the country that are on the fence, because you can clearly not only show and explain what the benefit is. You can see it in real time. You can see that it's happening today.
What’s your take on the idea of a U.S. strategic Bitcoin reserve?
Dennis Porter: I want to help Bitcoiners keep in mind that we need to be working as hard as we can to get bitcoin included in that strategic reserve, and to make it the corner zone and the keystone of that strategic reserve.
I personally believe that Bitcoin is the most important asset in human history, that it is a technological revolution we will probably not witness again in our lifetimes, or maybe for hundreds of years. It is an evolution and a perfection of money.
I also know that other countries are going to recognize that Bitcoin is this highly strategic asset, and that not owning any is a national security risk.
Would I want there to be a Bitcoin only reserve? Absolutely, and in fact, I hope that what happens, if I had to choose my golden path to success. First, we have this strategic crypto reserve created by Trump. It’s got all these assets in there that they pick. But then we follow up with legislation from Senator Lummis’ office, and we get a strategic Bitcoin reserve siloed out and taken care of and on its own. That would be my path forward.
On Bitcoin Mining & Energy
How did Bitcoin miners help prevent a grid collapse in Texas?
Dennis Porter: In Winter, storm Elliot comes through, smashes into the Texas grid almost the identical way that the winter storm Yuri did, except this time, the state of Texas had more tools in its toolbox, one of those being Bitcoin mining.
And the Bitcoin miners, when they came they were able to provide this incredible service to the grid. And during that winter storm, winter storm Elliot, they wound down, and they delivered roughly 1700 megawatts of power back to the grid in the middle of the emergency. That is enough power to heat 1.7 million small homes. That's enough power to energize 320 large hospitals.
Why mining is better than gas peaker plants for energy.
Dennis Porter: What grid operators have done priors to grid balancing programs is they would build batteries. They would build peaker plants — being the most predominant technology. Peaker plants, what they do is they sit on idle and they wait… until there is a spike in energy, and then they start to deliver energy to the grid.
But they have extremely low utilization rates, like almost nothing. So what happens is the grid, in order to utilize that service, they have to pay those peaker plants crazy amounts of money when they do turn on. That cost is borne by the folks that are on that grid, so they increase costs.
Bitcoin mining is the perfect solution. You get 100% utilization. And instead of building a peaker plant… you just ask the bitcoin miner to wind down. Instead, it's much more economically efficient and it's a much better use of our resources.
But the magical thing about Bitcoin mining, the truly magical thing about it, is that you can go to a system. Let's say you go to a system where it's 80% utilization of the energy and 20% is being wasted. You could bump that number up to 100% with Bitcoin mining.
On The Global Bitcoin Adoption Race
Which countries do you see making big moves in Bitcoin adoption?
Dennis Porter: I think we're going to see a global push for Bitcoin. We are seeing a lot of countries come on board. You know, the Middle East has certainly made a big push on the Bitcoin asset and Bitcoin mining front. We have also seen efforts in Chile, Switzerland. I'll likely be going to a good event in South Korea soon to speak.
There are rumors of other countries having already allocated into Bitcoin. You see presidential candidates, whether they be in Poland or other parts of the world, shouting that they will be pushing for Bitcoin.
We’ve got to be careful that we don't fall into a world where lip service is able to be played with Bitcoiners and we don't actually achieve any objectives of getting policy across the finish line.
This is going to be turned into one of the most powerful political movements in human history. I think we're already on our way there.
Do you see Bitcoin and the U.S. dollar as competitors, or can they coexist?
Dennis Porter: I like stablecoins. I think those are good for US interests. And a lot of people across the world, they need to use Bitcoin as a technology for savings, but a lot of people still need a stable daily currency, and the dollar today is, despite all of our complaints of the dollar, it is by far the best currency outside of Bitcoin as a saving technology, but as a currency, a daily currency that is available to the average person.
Stablecoins proliferating across the world will not only help United States in stabilizing the dollar and our interest rates and our economy, but it will also result in more people buying Bitcoin. Because if you look at who the biggest buyers of Bitcoin are, they're all dollar holders.
And if you're using stablecoins, you're probably on some type of crypto platform or crypto wallet where you'll have better access to Bitcoin. So I do see a US dollar—Bitcoin world working in tandem, and I am looking forward to a future where everybody in the whole world can truly benefit from both.
GoMining’s vision on this evolving Bitcoin landscape
Jeremy: With GoMining, we remove all the barriers—no need to buy, maintain, or set up expensive mining equipment. Our digital miners give users a share of real Bitcoin mining power, making it easier than ever to start earning BTC.
We believe in Bitcoin not just as an asset, but as an entire ecosystem. That’s why we’re integrating staking, swaps, and mining rewards to create a more unified financial experience around Bitcoin.
Bitcoin has always been the foundation of crypto, but now it’s time to expand its use cases. The BTCFi GoMining Launchpad is here to support Bitcoin-native projects—whether it’s L2s, DeFi, or anything that strengthens Bitcoin’s role in the financial world.
We’re focused on making Bitcoin mining more efficient, more rewarding, and more accessible. At the same time, we’re pushing BTCfi forward—because Bitcoin deserves a stronger presence in decentralized finance.
What’s Next?
Stay tuned for more insights from GoMining as we continue to explore BTCfi’s growth, upcoming launchpad projects, and the evolving landscape of Bitcoin mining.
Wish you could have joined in live? Don’t worry—we’ll be hosting these kinds of sessions regularly.
Follow us on X, or join us on Reddit, Discord and Telegram to stay informed!
March 7, 2025
