BITCOIN SEASON 2: Bitcoin Miners Don’t Care About The Filter Debate

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4.7 • 698 Ratings

🗓️ 11 October 2025

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

At North American Blockchain Summit in Dallas, where 30% of Bitcoin's hashrate is decided, nobody talks about Core v30. Miners care about steel, electrons, and profit—not technical debates. The disconnect between Bitcoin Twitter and real mining is massive. We're reporting live from the North American Blockchain Summit in Dallas, Texas, where roughly 30% of the world's Bitcoin hashrate is decided. The shocking reality? Bitcoin miners don't care about Core v30 or technical debates. They care about electrons, steel, aluminum, and profit. We break down how Foundry became the largest pool with 0% fees, why miners prefer FPPS revenue certainty over block variance, and the massive disconnect between Bitcoin's technical community and the mining industry. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: • Foundry controls ~30% of Bitcoin's hashrate • Mining pools dropped fees from 2% to near 0% • FPPS model is “addicting” for miners • Texas becoming finance capital with new exchange • Most miners don't know their pool's Core version • Future fee markets could disrupt pool dominance Timestamps: 00:00 Start 00:28 NABS vibes 01:41 Miners don't care about Core V30 03:48 Miners care about profitability 04:44 Pools 08:59 Predictable revenue 13:10 Miner incentives - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media

Transcript

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0:00.0	Bitcoin miners do not care about Core V30.
0:03.3	I know that might surprise you, but we're here at the North American Blockchain Summit
0:07.8	where roughly 30% of the world's hash rate is decided here in this building in Texas,
0:16.8	and nobody has talked about Core V30.
0:20.8	Welcome back to Bitcoinickland Season 2.
0:28.8	So, Colin, we put on the suits.
0:31.8	Well, you put on the suit.
0:32.9	I put on the sport coat.
0:33.9	It was a sport coat.
0:34.9	But everyone else here is wearing like button downs, blue suits. The occasional 10-gallon hat, which we love to see. It's a sport coat. But everyone else here is wearing like button downs, blue suits.
0:38.9	The occasional 10 gallon hat, which we love to see.
0:41.5	It's very, very Texas coated.
0:43.4	Exactly.
0:44.6	We're in Dallas, Texas, which is the money side of Texas, the finance capital of Texas.
0:50.0	Finance capital of Texas, soon to be their own stock exchange.
0:53.1	Yeah, it was a really interesting satellite event for NABs.
0:56.0	That's what we're here for this week.
0:58.4	Yesterday there was a summit and they were talking about the Texas Stock Exchange,
1:01.6	which will be the first stock exchange to launch in the U.S. in a few decades.
1:06.3	And it was funny in the programming.
1:08.4	It was the Texas Stock Exchange had the panel early on.
1:11.2	And then later on it was New York Stock Exchange and NASDAQ moving to Texas.
	...

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