In this episode Bob explores the recent explosion in Bitcoin fees. This includes a discussion of what these means for Bitcoin Mining revenue and the lessons that we can learn. Especially important are that it could shift a change in hosting space availability and mining server prices, that it gives us a great lesson in the power of scarcity, and that it busts the FUD surrounding the long term security of the network as the Bitcoin subsidy declines.

In this episode Bob expands more on the value of Bitcoin and the blockchain itself. Bitcoin is much more than a monetary network, it is a point of truth, maybe the only point of truth, for all of society. As time goes by, space will become more and more precious and more and more expensive.

Bob reflects on Miami and the maturity of the conference and the Bitcoin industry. He also shares some history of conferences in the Personal Computer industry. And, last but not least, gives some insight on what the real value is in attending events like Bitcoin 2023.

The spike in blockspace usage and the associated fees gave us a glimpse of the future. Not only will this get expensive but it will be a catalyst to big changes in the Bitcoin ecosystem and in how Bitcoin users interact with the base layer.

While the desire to ossify Bitcoin and provide stability and assurance, there is also a need to make sure the needs of Layer 2 and 3 solutions are met first. Without the scaling provided by these, Bitcoin has a capacity problem. So we need a little patience to get there.

Third and final installment of a series on publicly traded Bitcoin mining companies. In this episode Bob discusses some of the dark side of being a public company and specifically why he believes it is impossible to be a public Bitcoin mining company and consistently operate within the ethos of Bitcoin.

This episode is an examination of the state of the public mining sector and its less than rosy recent performance and it prospects going forward in the post-halving world.

Core Scientific's implosion is a classic example of what happens when the ethos of Wall Street takes over a company - especially a Bitcoin company. In this show, Bob reviews the clues to the implosion that were laid out right in Core's S1, reflects on the massive mistakes that took place in the eleven months between their IPO and bankruptcy, and offers some insight in the damage they caused - damage that extends well beyond just their shareholders.