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TFTC: A Bitcoin Podcast

#261: The CCP's 100-year anniversary, the geographic distribution of hashrate, and capacity constraints in North America with Edward Evenson

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8764 Ratings

🗓️ 2 July 2021

⏱️ 86 minutes

🧾️ Download transcript

Summary

Join Marty as he sits down with Edward Evenson, Director of Business Development at Braiins, to discuss:

- The great hashrate migrations

- What Chinese miners are looking for in co-location partners

- The 100 year anniversary of the CCP and its significance

- Will mining return to China?

- How well is hashrate being distributed as a product of this migration?

- Braiins update

- much more

Follow Edward on Twitter

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.

Lend at Hodl Hodl is a new non-custodial bitcoin backed lending platform, that allows peer to peer lending and borrowing between users, globally, anonymously & on your own terms. Create you offers & set your own terms on lend.hodlhodl.com

Compass Mining. Compass wants to democratize bitcoins hashrate and give everyone the ability to strengthen the network while mining bitcoin profitably. Thanks to Compass, it’s never been easier to mine bitcoin. Check them out at compassmining.io

Braiins. Braiins are leaders in the mining industry; running Slush Pool, creating firmware to make miners more profitable (Braiins OS+), and building out Stratum V2 to help further decentralize mining and make Bitcoin more robust. Check out their mining profitability calculator.

Transcript

Click on a timestamp to play from that location

0:00.0

Bada bap da da da da da come to you live from my mother-in-law's bedroom she's right behind me she's

0:06.8

yes I am you can hear you Maggie it's happening you're on the recording you're officially on the

0:14.2

podcast thank you for letting me use your bedroom up father-in-law's here too as well we're getting

0:19.9

we're getting the whole family involved in this ad read.

0:22.8

This episode is with Edward Evenson from Brains and Slush Pool.

0:29.5

A conversation about the Chinese mining migration is ongoing here at TFTC.

0:34.9

Obviously, Matt and I have been talking about it on Rabbit Hole Recap.

0:38.1

I had Leo Zhang on earlier this week, get some color from his perspective,

0:43.0

and I thought it would be beneficial to you freaks to get the perspective of somebody

0:48.2

who's operating a mining pool and interacting with Chinese miners directly as they attempt to move

0:56.2

their hardware outside of China's borders and across the world. I think one of the illuminating

1:03.5

pieces of information from this conversation with Edward specifically is the distribution of

1:08.5

hash rate amongst multiple jurisdictions, not only North America,

1:13.6

not only the United States, not only Canada, but we're seeing hash rate land in Kazakhstan,

1:20.9

Russia, Scandinavia, and Latin America as well, which is good. It seems that hash rate is distributing geographically, which is a good thing, which is what we want to see.

1:33.3

We will see how long it takes hash rate to recover to all-time highs.

1:39.2

Edward seems to think it's going to take quite a bit like I do as well.

1:43.7

But you're not here to hear rehash of the

1:46.8

conversation. You're here to listen to the conversation. So I'll let you freeze. Get to it.

1:50.1

This trip was brought to you by our good friends at the motherfucking cash app. Cash app.

1:54.7

You don't you stack, sats, send, sats, receive sats, sell sats. If you so, please.

1:58.1

We're saying sats, sat, sat, satats, Sats, Sats are the standards.

...

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