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CoinDesk Podcast Network

CARPE CONSENSUS: What You Need to Know about Bitcoin Mining in 2023

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 27 July 2023

⏱️ 33 minutes

🧾️ Download transcript

Summary

Will Foxley dives into the state of bitcoin mining, from Bitcoin’s fourth “halving” to the politicization of the mining industry. On “Carpe Consensus,” hosts Ben Schiller, Danny Nelson and Cam Thompson take on the latest crypto news alongside guest Will Foxley. [5:46] Inside the Desk: Will Foxley joins to discuss the state of bitcoin mining and his op-ed for Consensus Magazine’s Mining Week, “It’s Time for Publicly-Traded Miners to Stop With the Gimmicks.” [23:49] Danny’s Dungeon: In another edition of “Dumb DAOs,” DeFi project Parrot votes on the fate of its remaining treasury. The redemption plan for the protocol appears to heavily favor employees and Parrot’s venture investors, leading some to cry “Rug Pull!” [29:00] Cam’s Corner: Solana-based NFT marketplace Exchange.art expands into Ethereum. Are NFTs done on Sol? “Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

This is Carpe Consensus.

0:11.0

Join hosts Ben Schiller, Danny Nelson, and Cam Thompson as they seize the world of crypto.

0:22.8

Hello and welcome to the Carpe Consensus Podcast.

0:25.9

My name is Ben Schiller, and this is a podcast from the Coin Desk Podcast Network,

0:30.1

and I am joined by the estimable Danny Nelson today.

0:33.8

Hi, Danny.

0:34.5

How does one estimate the value of Danny Nelson?

0:39.3

Is it in goats? Is it in gold? How do you do it? It's hardly measurable. I, Denny. How does one estimate the value of Danny Nelson? Is it in goats? Is it in gold?

0:43.2

How do you do it? It's hardly measurable. I think that's why it's called inestimable.

0:51.1

Estimable. And also, uh, the very talented Cam Thompson is also joining our podcast today. Hi, Cam. Hey, how's it going? Okay, we're going to talk about a couple of newsy things today, and you're going to start

0:58.3

with Twitter, which now is known as X. So, Danny, yes or no?

1:03.2

Absolutely not.

1:04.4

Dumb, dumb, dumb, dumb, dumb, da-dum, dumb, dumb. I don't like it. Move on.

1:09.6

Cam, what do you think? Well, first of all, it's actually been quite a struggle because when I look at my tabs,

1:16.4

open to my browser, you know, I'm going in between former Twitter, now X, all the time,

1:21.7

to just look at news, see what people are talking about. And I can barely find it now

1:26.2

because it has that ugly X. Also,

1:28.9

it's the branding of a lot of other websites that have other purposes. And it's really unfortunate.

1:35.7

It's very, very similar. And I think the branding choice was terrible. It is not clever whatsoever.

1:42.5

It's not X, X, X. No, but, you know, with all these

1:45.8

hamster races these days, might just end up being X hamster. Can't have that. All right, let's look

1:51.5

another fluffy news item. What about World Coin? This is a startup from the AI Ubermensch

...

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