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Unchained Capital, Inc and Unchained Capital에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Unchained Capital, Inc and Unchained Capital 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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Could open-source mining further decentralize bitcoin? with Skot instigator of Bitaxe

55:55
 
공유
 

Manage episode 463592288 series 3516333
Unchained Capital, Inc and Unchained Capital에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Unchained Capital, Inc and Unchained Capital 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

In this episode, we sit down with Skot, electrical engineer and creator of Bitaxe, the first open-source ASIC bitcoin miner. Skot shares his journey from IoT hardware development to designing hardware for bitcoin mining, including his early experiments with FPGAs in a university lab. We discuss the significance of open-source mining for bitcoin’s future, the challenges of hardware and firmware development, and how Bitaxe compares to industry giants like Bitmain. Skot explains the potential for decentralized mining, the risks of centralization in mining hardware and pools, and why making mining accessible and transparent is critical. We also touch on the concept of incorporating miners into household devices and the role of small-scale miners in bitcoin’s long-term resilience.

SUPPORT THE PODCAST:

→ Subscribe

→ Leave a review

→ Share the show with your friends and family

→ Send us an email podcast@unchained.com

→ Learn more about Unchained: https://unchained.com/?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description

→ Book a free call with a bitcoin expert: https://unchained.com/consultation?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description

→ Buy bitcoin in an IRA—sign up today and get your first year free: unchained.com/frontier

TIMESTAMPS:

00:00 - Intro

01:16 - Meet Skot, the mind behind Bitaxe

02:34 - From IoT projects to bitcoin mining innovation

05:20 - Skot’s bitcoin origin story and the PayPal saga

09:35 - Mining bitcoin with university lab FPGAs

12:11 - Why Skot started the first open-source ASIC miner

14:55 - The challenges of open-source bitcoin mining hardware

19:59 - Bitaxe vs. Bitmain: efficiency showdown

21:25 - Who’s building Bitaxes and why?

25:01 - The importance of open-source mining for bitcoin’s future

28:26 - Can Bitaxe become a significant part of bitcoin’s hash rate?

33:39 - The dream of decentralized mining in household devices

41:02 - The future of bitcoin mining: big grids vs. home miners

47:06 - Skot’s take on mining centralization risks

53:37 - How open-source mining could save bitcoin

WHERE TO FOLLOW US:

→ Unchained Twitter: https://twitter.com/unchainedcom

→ Unchained LinkedIn: https://www.linkedin.com/company/unchainedcom

→ Unchained Newsletter: https://unchained.com/newsletter

→ Joe Burnett (Host) on Twitter: https://twitter.com/IIICapital

→ Jose Burgos (Director of Media Production) on Twitter: https://x.com/DeFBeD

→ Skot on Twitter: https://x.com/skot9000

  continue reading

72 에피소드

Artwork
icon공유
 
Manage episode 463592288 series 3516333
Unchained Capital, Inc and Unchained Capital에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Unchained Capital, Inc and Unchained Capital 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

In this episode, we sit down with Skot, electrical engineer and creator of Bitaxe, the first open-source ASIC bitcoin miner. Skot shares his journey from IoT hardware development to designing hardware for bitcoin mining, including his early experiments with FPGAs in a university lab. We discuss the significance of open-source mining for bitcoin’s future, the challenges of hardware and firmware development, and how Bitaxe compares to industry giants like Bitmain. Skot explains the potential for decentralized mining, the risks of centralization in mining hardware and pools, and why making mining accessible and transparent is critical. We also touch on the concept of incorporating miners into household devices and the role of small-scale miners in bitcoin’s long-term resilience.

SUPPORT THE PODCAST:

→ Subscribe

→ Leave a review

→ Share the show with your friends and family

→ Send us an email podcast@unchained.com

→ Learn more about Unchained: https://unchained.com/?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description

→ Book a free call with a bitcoin expert: https://unchained.com/consultation?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description

→ Buy bitcoin in an IRA—sign up today and get your first year free: unchained.com/frontier

TIMESTAMPS:

00:00 - Intro

01:16 - Meet Skot, the mind behind Bitaxe

02:34 - From IoT projects to bitcoin mining innovation

05:20 - Skot’s bitcoin origin story and the PayPal saga

09:35 - Mining bitcoin with university lab FPGAs

12:11 - Why Skot started the first open-source ASIC miner

14:55 - The challenges of open-source bitcoin mining hardware

19:59 - Bitaxe vs. Bitmain: efficiency showdown

21:25 - Who’s building Bitaxes and why?

25:01 - The importance of open-source mining for bitcoin’s future

28:26 - Can Bitaxe become a significant part of bitcoin’s hash rate?

33:39 - The dream of decentralized mining in household devices

41:02 - The future of bitcoin mining: big grids vs. home miners

47:06 - Skot’s take on mining centralization risks

53:37 - How open-source mining could save bitcoin

WHERE TO FOLLOW US:

→ Unchained Twitter: https://twitter.com/unchainedcom

→ Unchained LinkedIn: https://www.linkedin.com/company/unchainedcom

→ Unchained Newsletter: https://unchained.com/newsletter

→ Joe Burnett (Host) on Twitter: https://twitter.com/IIICapital

→ Jose Burgos (Director of Media Production) on Twitter: https://x.com/DeFBeD

→ Skot on Twitter: https://x.com/skot9000

  continue reading

72 에피소드

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