The Why Bitcoin Show

#19: JP Baric - Bitcoin Mining Explained


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Today's episode is with JP Baric, the founder and CEO of the Mining Store, (https://miningstore.com), a tech company that

designs, builds and operates large scale Bitcoin mining data
centres. He also bought bitcoin when it was $70 in 2013...


We got into the Byzantine General's problem, mining in special economic zones, and even touched on JP's appearance on The Dr Phil Show - indeed.


Timestamps:


01:30 – JP’s introduction to Bitcoin

05:52 – Proof of work v proof of stake

09:34 – Why Bitcoin and not crypto

13:54 – The Mining Store services

23:40 – Bitcoin mining first principles

30:30 – Bitcoin mining and infrastructure

39:05 – Hashrate and price

50:20 – Bitcoin philosophy


You can find JP on LinkedIn and at the time of recording, his Twitter (or X) account has been hacked and is unavailable! To learn more about The Mining Store, visit https://miningstore.com.


Edited by Sean Lowe.

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