FYI - For Your Innovation

An Overview Of Bitcoin Mining


Listen Later

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints.


Guests on this month’s Bitcoin Brainstorm include:


Luke Dashjr: Founder and CTO, OCEAN, Core Developer


Trey Kelly: Founder, Chairman and CEO, GRIID


Steve Barbour: Founder and CEO, Upstream Data


John Stefanopolous: Founder, FutureBit


Benjamin Yi: Executive Chairman, Riot Platforms


Yassine Elmandjra: Director of Digital Assets, ARK Invest 


Cathie Wood: Founder, CEO and CIO, ARK Invest


Rod Roudi: Co-Founder, Bitcoin Park



Key Points From This Episode:


00:01:00 Rod introduces the Bitcoin Brainstorm and hands over the floor to each of our fantastic guests

00:08:41 What makes bitcoin so unique and what makes bitcoin mining so essential?

00:18:30 What are mining pools and why do they exist in the first place?

00:27:15 The pace of innovation in bitcoin and bitcoin mining, especially in regard to energy consumption

00:33:54 Why bitcoin mining is at the convergence between energy and money

00:40:49 How bitcoin mining is more about optimizing energy use than it is about earning bitcoin

00:47:21 Exploring why so many questions are asked about the energy consumption of bitcoin

00:54:29 Bitcoin mining may be able to decrease the end balances that energy rate payers are charged

00:59:33 What does the future of bitcoin mining look like?

01:08:01 Bitcoin mining represents massive convergences across industries and the digital and physical worlds


Links Mentioned in this Episode:


Learn more about Bitcoin Park: bitcoinpark.com

...more
View all episodesView all episodes
Download on the App Store

FYI - For Your InnovationBy ARK Invest

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

388 ratings


More shows like FYI - For Your Innovation

View all
We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,373 Listeners

This Week in Startups by Jason Calacanis

This Week in Startups

1,288 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

537 Listeners

Masters in Business by Bloomberg

Masters in Business

2,175 Listeners

The a16z Show by Andreessen Horowitz

The a16z Show

1,089 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

941 Listeners

Unchained by Laura Shin

Unchained

1,217 Listeners

Azeem Azhar's Exponential View by Azeem Azhar

Azeem Azhar's Exponential View

612 Listeners

Real Vision: Finance & Investing by Real Vision Podcast Network

Real Vision: Finance & Investing

911 Listeners

The Intrinsic Value Podcast - The Investor’s Podcast Network by The Investor's Podcast Network

The Intrinsic Value Podcast - The Investor’s Podcast Network

560 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,922 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

448 Listeners

No Priors: Artificial Intelligence | Technology | Startups by Conviction

No Priors: Artificial Intelligence | Technology | Startups

130 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

467 Listeners

AI + a16z by a16z

AI + a16z

35 Listeners