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CoinDesk Podcast Network

THE MINING POD: How Miners Should Think About Ordinals With Mike Hamilton

CoinDesk Podcast Network

CoinDesk

News, Tech News, Daily News, Business News

4.7698 Ratings

🗓️ 4 June 2024

⏱️ 57 minutes

🧾️ Download transcript

Summary

Chief Research Officer at Bitcoin miner Griid, Mike Hamilton is an experienced & well-known Bitcoin miner. But even more impressive might be his feat of snagging the second Runes ticker once the moment the protocol launched last April.  Mike talks about how his experience with Bitcoin and tinkerer mentality let him beat all the other teams competing for the top Runes spots. Mike also discusses Bitcoin mining, the role miners may play going forwards, and his personal project “Mutable Trees.” Follow along on your favorite podcast player of choice by clicking here. Chapters: 00:00:00 Start 00:02:55 Mike intro 00:08:12 What is etching & hard coding? 00:09:59 Acquiring the Runes ticker 00:15:01 Building Runes tools 00:19:24 Airdropping 00:23:54 Miners learning Runes 00:26:38 Managing UTXOs 00:32:17 Including Runes in business model 00:34:26 Block templates 00:38:43 Miners vs Maxi 00:40:16 Fix the filters? 00:42:35 Mutable Trees 00:48:34 OP_CAT 00:52:07 Miners & soft forks Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!  👉 Check out Bitcoin Season 2 and The Gwart Show. 👉 Watch our newest documentary, The Big Empty! 👉 Watch our livestream on Samourai Wallet! Follow our host on Twitter, @wsfoxley. - Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining! "The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz.  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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0:45.6

That's audible.com slash Wondery, UK.

0:49.7

Hey, welcome back to the mining pod.

0:51.1

On this week's show, we're by mike hamilton of grid to discuss

0:54.1

well actually ruins mike was on the forefront of the runes saga or race or whatever you want to call

1:02.1

it the last two weeks so we sat down with him at bitcoin plus plus in austin texas we also go through a lot

1:07.9

of how miners should think about working in the technical landscape.

1:11.6

He is the chief research officer at Grid, so he has a great look into everything from building out basics to site procurement to tech sacks for miners.

1:20.6

And then also how miners should think about working with Bitcoin developers, whether that be block template construction or pools or in this case, ruins.

1:28.3

So thank you to Mike for making this happen.

1:30.4

We'd also like to thank CleanSpark, America's Bitcoin Miner, and Forman Mining, Master

1:34.5

Your Mining for being the lead sponsors for the show.

1:37.1

We'll hear a little bit more from them just a bit later in the episode.

...

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