4.8 • 764 Ratings
🗓️ 17 July 2020
⏱️ 93 minutes
🧾️ Download transcript
Join Marty as he sits down with Ethan Vera, Hashrate Merchant at Luxor Mining, to discuss:
- Mining pools
- Their historical lack of transparency
- Pool fee negotiations
- ASIC hardware lifecycles and their effect on decentralization
- Market making for hashrate futures + their effect on transparency
- Profit switching between chains
- Whitelisted pools
- much more
Follow Ethan on Twitter
Check out Luxor Mining
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.
Click on a timestamp to play from that location
0:00.0 | So, freaks, it's your boy Marty here to introduce this episode of Tales from the Crypt. |
0:03.8 | I sat down with Ethan Vera, hash rate merchant at Luxor Mining Pool, to talk about a bunch of things. |
0:11.2 | pertaining to Bitcoin mining specifically, talked about how pools get shares from individual miners, how they divvy up that reward, the fees that they're taking, |
0:20.4 | futures products that can help |
0:23.0 | miners hedge and a bunch of other stuff this episode of tales from the curts that's brought to you by |
0:27.3 | our good friends at the cash app please excuse my son and niece in the background we got a loaded |
0:32.3 | loaded family uh time here the cash apps for families too we got the cash app's for families, too. |
0:40.4 | You've got the cash app download on every family member's phone. |
0:41.1 | They can have one. |
0:42.6 | My niece and son don't have phones yet. |
0:43.0 | They're too young. |
0:47.0 | But when they're old enough, they will be downloaded in the cash app because it allows you to stack sats, send sats, receive sats. |
0:49.7 | And you can DCA into sats as well. |
0:51.8 | Set it and forget it. You can buy a sats daily, weekly, biweekly. And if you're doing that, if you're DCAing into it, |
0:59.7 | make sure you're sending those stats to the personal storage at the end of the day. |
1:02.6 | This is the revolution of Bitcoin allows you to take custody of your digital bear asset. |
1:07.8 | Make sure you're doing that after you stack stats on the cash app. |
1:15.6 | If you're tired of stacking sets or if you prefer to stack slivers of stonks, you can also do that via cash app investing if your favorite stonk is a little too, a little too, a little |
1:20.6 | bit expensive. |
1:21.6 | A little out of your price range, you can buy as little as $1 via cash app investing. |
1:25.6 | And because this is all connected to your bank account, there are no four to five day waiting |
1:30.1 | periods. |
... |
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