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TFTC: A Bitcoin Podcast

#166: Karim Helmy

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8804 Ratings

🗓️ 3 June 2020

⏱️ 68 minutes

🧾️ Download transcript

Summary

Join Marty as he sits down with Karim Helmy, data scientist at Coinmetrics, to discuss:

- What's a nonce?

- What we can learn from nonce distribution data

- Mining hardware evolution

- Getting into Bitcoin in 2017

- Bitcoin as black market money

- Hash rate indices from Coinmetrics

- Viability of DeFi

- much more

Follow Karim on Twitter

Checkout the newsletter we discussed

Shoutout to this week's sponsors.

Cash App. Start #stackingsats today. Use the promo code: "stackingsats" to receive $10 and contribute $10 to OWLS Lacrosse when you download the app.

Transcript

Click on a timestamp to play from that location

0:00.0

What's up, freaks? It's your boy, Marty, here to introduce this episode of Tales from the Crypt.

0:05.0

I had the immense pleasure of sitting down with Kareem Helmi from the Coin Metrics team.

0:10.6

We dove into a newsletter that he wrote for Coin Metrics a couple weeks ago,

0:14.9

diving into Nance Data and how it can help us get a better understanding of the Bitcoin mining hardware lifecycle

0:24.0

and when new miners, new mining models are becoming more predominant within the network.

0:32.3

Fascinating conversation. We talked about that. The hash rate index that coin metrics is

0:36.9

working on and then just

0:39.1

shot the shit about Bitcoin and why Kareem's into this and learn a little bit more about

0:44.4

him and his views on the space.

0:46.5

I think you guys are really going to like this one.

0:49.1

This episode, Tales from the Crypt is brought to you by your good friends at the cash app.

0:57.8

You should know all about them already, but if you don't know about them, let me tell you

1:00.7

about them.

1:01.4

They're letting us do many things.

1:02.4

They're helping to stack Sats, send Sats, receive Sats, DCA into Sats, so you can set up

1:07.9

an auto buy within the app now, so you can set it and forget it

1:12.1

and on top of that they're making SATs the standard highly recommend recommend you start denominating

1:18.3

your Bitcoin purchases in SATs within the app they made it possible now and it's and the unit

1:24.4

bias goes out the window you're stacking millions of Satoshi's instead of fractions of a Bitcoin.

1:30.8

It feels more powerful that way.

1:32.3

On top of the stats sacking, sending, receiving, selling if you have to, and DCAing into it,

1:39.9

they have, they've enabled the ability for you freaks to stack slivers of stonks if you want to.

...

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