Honored to have been featured on @theMiningPod by @blockspace talking all things Bitcoin mining & ASIC market dynamics! Thank you for having me on @AsILayHodling & @wsfoxley 🤝

Some general thoughts on the market: My very broad strokes big picture view is that BTC remains out of favor through end of year. I don’t have a strong view on downside or upside from here. Caveat that it’s a broad brush for how I’m thinking about the world updated daily and held loosely But there’s a version of things that goes like: AI / semis / memory IPOs continues to suck all of the narrative and capital out of the room through fall / winter. Sticky inflation from the entrenched war in Iran negates any hopium for a loosening of financial conditions. Fall / winter the IPOs get out. With the low float IPOs I saw analysis that looked at the increase in float over 6-12 months. First 6 months you’re usually okay and then the downward pressure increases from there as more float comes to market. Takes us into Q1 with demand destruction from sticky inflation hitting alongside downward pressure from equity supply. Then you can get some hope from loosening financial conditions / fed messaging etc AI trades start to cool off at the same time as you hit the development pocket. 18 months before you start to see durable cash flows from the investment cycle. Sets up the next liquidity driven bull in BTC nicely into the typical timing of the cycle low and also aligns with when you could see room to retake some narrative capital Overall you can’t get a sustained rally in BTC until financial conditions loosen (or begin to be priced in) or we have a new demand story. Could be Clarity, maybe. Could be an unknown unknown. It will happen at some point but not hanging my hat on it from a timing perspective. Tracking financial conditions and liquidity is a better way to stay tactical. Again just a thought experiment. My big caveat is we live in a world of hypercycles so timing is most likely to get pulled forward not pushed back on any of this

The future of Bitcoin mining is being reshaped in real time. At Consensus 2026 in Miami, Michael Rhoden (@YeeHawBitcoin) of TicTacc outlined how AI/HPC growth will redefine mining infrastructure over the next 5 years. Key takeaways: - Hydro-powered, energy-optimized infrastructure becomes the standard - Continued ASIC efficiency gains from @BITMAINtech - Gradual decentralization into emerging global regions - Fewer mega-sites (unlikely to see another 200MW build cycle) - Hashrate continues to grow, but at a slower pace due to AI/HPC competition for power & capital Watch on YouTube: youtube.com/shorts/pGAZKPjTF… Video credit: @CoinDesk tictacc.com

Happy Memorial Day from beautiful Fort Lauderdale! 🇺🇸 I hope everyone took a little time to touch grass, see the glass half full and count their blessings today.

What will the next 5 years look like for Bitcoin mining, considering the AI/HPC boom? I highlighted what first came to mind while on a panel discussion titled "Where Will All the ASICs Go? How AI is Reshaping Bitcoin's Hashrate?" at @consensus2026 in the attached video. Overall, network hashrate is likely to keep growing, but at a slower pace than in previous cycles, similar to what we’re seeing with Bitcoin’s price trajectory. We’ll also continue to see a push toward more advanced, efficiency-focused hardware, particularly in hydro-cooled systems both at the miner and container level. At the same time, emerging markets with competitively priced energy will keep attracting mining development, although the long-term sustainability of some of these regions remains uncertain if history is to repeat itself. The next 5 years in Bitcoin mining are extremely difficult to predict, as even the next 5 months can materially shift, and only time will tell. What do you all think the Bitcoin mining industry will experience in the next 5 years?

“On the distribution side we're getting creative as well, often offering capital for side buildout and entering into JV opportunities with some of our long term partners,” says Michael Rhoden of TicTacc, on how Bitcoin miner manufacturers are playing into a buyers market. Watch this clip from Consensus 2026, by @CoinDesk, from TicTacc’s feature in the panel discussion titled “Where Will All the ASICs Go? How AI is Reshaping Bitcoin's Hashrate?”. youtu.be/n1LdBUFEh-8 As BITMAIN’s Regional Hashrate Ambassador for three consecutive years, TicTacc continues to work alongside the industry leader in Bitcoin mining hardware to help develop creative, institutionally focused growth solutions, including strategic miner deployment, infrastructure expansion support, and joint venture opportunities designed to help large-scale operators scale efficiently through changing market cycles. tictacc.com

The used Bitcoin miner market is getting increasingly saturated with PubCos and other large operators offloading ASICs to build out their AI/HPC business. We’re just seeing the tip of the iceberg right now.

The convergence of Bitcoin mining and AI infrastructure is no longer theoretical. At Consensus Miami 2026 (@consensus2026), Michael Rhoden of TicTacc joined leaders from @luxor, @bitzerodotcom, and @blockspace, to discuss how AI is reshaping the future of global hashrate infrastructure. Stay tuned for exclusive clips and the full panel discussion titled “Where Will All the ASICs Go? How AI is Reshaping Bitcoin’s Hashrate”. tictacc.com

Fantastic time at the Crypto Polo Cup by @LunaPRofficial in West Palm Beach today! Incredible networking opportunity and great way to cap off @consensus2026.

Excited to be speaking at @consensus2026, by @CoinDesk, on "Where Will All the ASICs Go? How AI is Reshaping Bitcoin's Hashrate", today at 2:30 PM on the Frontier Stage! Tune in as Jamie Gill, Mohammed Bakhashwain, Colin Harper and I talk all things Bitcoin mining and AI. consensus.coindesk.com/agend…

TicTacc will be speaking at Consensus 2026 (@consensus2026) in Miami from May 5–7. Michael Rhoden, Director of Business Development at TicTacc, will take the stage on May 6 at 2:30 PM, joining Jamie Gill of @luxor and Mohammed Bakhashwain of @bitzerodotcom, moderated by Colin Harper of @blockspace. The discussion titled “Where Will All the ASICs Go? How AI is Reshaping Bitcoin’s Hashrate”, will explore one of the most important structural shifts in the Bitcoin mining industry today. We look forward to engaging with institutional partners shaping the future of digital asset infrastructure. consensus.coindesk.com/agend…

Heads up to anyone at @TheBitcoinConf, someone seems to be impersonating the @VenetianVegas wifi network. The real network is "VenetianLasVegas," but there's also a fake one with a period as a prefix: ".VenetianLasVegas"

Building relationships in our industry doesn’t just happen at conferences and in Telegram groups! Time spent on the golf course can strengthen trust, long-term partnerships, and even friendships. Absolutely incredible time at the Bitcoin Golf Tournament in Las Vegas today! Thank you @Golf_BGC @luxor @canaanio @TicTacc2017 for an amazing day!

TicTacc will be attending Bitcoin 2026 (@TheBitcoinConf) in Las Vegas, Nevada. As a leading institutional Bitcoin mining equipment distribution and investment firm, we remain focused on supporting capital deployment into scalable, efficient mining infrastructure. Through our position as a 3-year running Hashrate Ambassador for BITMAIN (@BITMAINtech), we provide competitively priced ASIC procurement and strategic supply access to institutional clients globally. Throughout the week, Liam Durant and Michael Rhoden of our team will be engaging across key ecosystem events and private meetings. For those exploring institutional Bitcoin mining solutions, particularly hydro container deployments alongside new-generation hydro miners, we welcome the opportunity to connect. tictacc.com

I'll be in Las Vegas next week for @TheBitcoinConf, the largest global gathering in the Bitcoin space! Proud to represent TicTacc (@TicTacc2017), an institutional investment firm specialising in digital asset mining equipment, delivering solutions from competitively priced ASIC procurement to tailored capital solutions for large-scale operators. I’ll be hitting balls in the water at the Bitcoin Golf Championship by @BSN_Events, mingling at Whale Pass events, and attending as many side events hosted by Bitcoin mining industry leaders throughout the week as I can. If you’re exploring institutional mining strategies or infrastructure partnerships, let’s connect.

TicTacc will be attending the Hong Kong Web3 Festival 2026 this week in Hong Kong. As one of Asia’s largest gatherings of institutional capital, investment firms, and digital asset infrastructure leaders, the event highlights the continued maturation of the industry's ecosystem. We look forward to engaging with partners and market participants driving capital allocation and long-term growth across digital assets. tictacc.com

Live from @PubKey_NYC for the Bitcoin Investor Brunch, we are talking Bitcoin collateralized loans, potential quantum threats, lightning payments, and more. Big thanks to @blockspace for bringing together so many bright minds willing to share insights, alongside supplying us with chicken and waffles for breakfast!

Excited to learn more about the future of Bitcoin in NYC this week! If you're in the Big Apple and would like to explore synergies, let's meet at @OPNEXT2026 and @PubKey_NYC!

TicTacc | Transparent. Trusted. Tactical. We are currently structuring exclusive deal packages for BITMAIN HD5 hydro containers, combined with S21 Hydro miners (and similar next-generation hydro miners). These are not one-size-fits-all offerings, as each package is being tailored to the specific needs of our clients and partners, including: • Container miner configurations • Deployment strategy • Pricing optimization at scale • Logistics and delivery timelines With hydro cooling continuing to gain momentum across institutional mining, HD5-based deployments are becoming a key pathway for high-density, efficient operations. Contact our team to discuss a customized solution. contact@tictacc.com tictacc.com

Enjoyed an incredible day with a partner on the Palm Beach Par 3 course, right on the beach and intercostal! 10/10 course ⛳️ Want one of these Bitcoin orange @TicTacc2017 golf balls? Meet me at @TheBitcoinConf in Vegas!