About this episode
In this episode of HashrateUp, Jesse sits down with Jaran Mellerud from Hashlabs, to break down what actually determines mining profitability in 2025: hashprice pressure, realistic ROI modeling, heat reuse constraints, demand response tradeoffs, ASIC pricing (USD vs BTC), and why “tax tricks” don’t replace a real edge.Jaran also explains why Finland is one of the best risk-adjusted places to mine if you can sell heat into district heating networks — and why the industry is converging toward two survival models: deep energy integration in the West vs. structurally advantaged large-scale miners in emerging markets.Guest: Jaran Mellerud (Hashlabs)? Hashlabs: https://hashlabs.io? X: https://x.com/jmellerud? Sponsored byHashbranch – Hosting & hardware made simple.Code: HASHRATEUP100? https://hashbranch.comSoloMining – Home & solo mining made easy.Code: HASHRATEUP? https://solomining.deAltair Technology – Buy Bitcoin Mining Solutions.? https://altair.technology? HASHRATEUP HARDWARE DEALS? Telegram: https://t.me/hashrateupFOLLOW HASHRATE UP? Website: https://hashrateup.com? Spotify: https://open.spotify.com/show/6At5Inqb2JHVl4k9VuPO8t? Twitter: https://twitter.com/HashrateUp? Instagram: https://www.instagram.com/hashrateupbtc/? TikTok: https://www.tiktok.com/@hashrateup? LinkedIn: https://www.linkedin.com/company/hashrateup