THE MINING POD: The Future Of Mining Hardware
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 11 June 2024
⏱️ 48 minutes
🧾️ Download transcript
Summary
Where is mining hardware headed? Can mining and AI really work together? Find out this and more on The Mining Pod this week.
The hardware game is becoming more competitive, with new entrants like Jack Dorsey’s Block, Marathon Digital-backed Auradine, and more. And then there’s this whole AI thing that mining CEOs and others keep talking about!
To make it straight, we brought on ePIC Blockchain co-founder Earl Mai to discuss ePIC’s hardware product line, the difficulties of getting a hardware startup off the ground, what its like to compete against Bitmain and how mining–and AI–could converge together over the next few years!
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Chapter Markers:
00:00 Start
03:07 Earl's background
04:51 ePIC's products
05:45 Earl's early mining days
09:50 Moving from alts to bitcoin
12:46 ASIC design process
15:36 Why Bitmain dominates?
20:15 Bitmian chip design
21:51 Don't fight Bitmain
24:41 Components
26:18 Shoebox form factor
27:39 How not to get scammed
29:37 Next gen ASICS
30:34 Intel update
31:20 Competition in the space
33:14 Is Bitmain slowing template propagation?
39:06 Competitive edge on open network
40:43 Where's the new competitive edge?
44:20 AI and Bitcoin Mining
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!
Follow our host on Twitter, @wsfoxley.
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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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| 0:00.0 | One of the larger questions Bitcoin miners get is what's happening with the hardware market. |
| 0:04.9 | Is Bin made going to continue to dominate? |
| 0:06.9 | Do these new machines have a chance? |
| 0:08.9 | What's up with AI and Bitcoin mining? |
| 0:11.7 | Can they work together? |
| 0:12.9 | Today we're bringing on Earl May of Epic Blockchain to the show. |
| 0:16.9 | We recorded this last week at Consensus 24 with CoinDesk. |
| 0:20.8 | Earl is a longtime veteran in the space, specifically in the hardware side of the business. |
| 0:26.3 | We discussed Epic's products, the race to make a better ASIC, how Bitmain has such a large advantage over everyone else, |
| 0:32.8 | and where AI and Bitcoin mining are converging or not converging as well. |
| 0:37.7 | This show will do a great job of catching up on what's happening in Bitcoin hardware |
| 0:41.1 | and even has some insider takes on disagreements on Bitcoin mining, |
| 0:45.2 | specifically what's happening with Ocean Pool and their claim that Bitmain is causing stale blocks |
| 0:50.2 | through their pool and pool. |
| 0:52.8 | Before we get into the show, we want to thank Foreman Mining and Clean Spark for being |
| 0:56.3 | the lead sponsors for the Mining Pod. |
| 0:59.1 | You'll hear a little bit more from both these sponsors during the program. |
| 1:03.3 | Okay, let's jump into it. |
| 1:05.1 | Hey, listeners, let's talk about revolutionizing your mining operation with Foreman. |
| 1:09.2 | This isn't your average management tool. It's an all-in-one |
| 1:11.9 | solution for reducing costs and significantly boosting your revenue. Foreman brings a cutting-edge |
| 1:16.2 | dashboard to your fingertips, empowering you with automated energy strategies. This means not only |
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