In a predominantly Proof of Stake world, The Proof of Work Alliance emerges as a champion of research & education among Proof of Work miners. Fractal Bitcoin's Charles Chong & Spencer Yang, plus Bitmars' ASIC Queen Summer Meng tell us how it all works.

Time stamps:

Introducing Charles, Summer & Spencer (00:00:50)

Overview of the PoW Alliance (00:01:43)

Challenges in Launching PoW Projects (00:02:32)

Formation of the PoW Alliance (00:04:19)

Importance of Collaboration (00:05:21)

Significance of the PoW Alliance (00:06:48)

Members of the PoW Alliance (00:08:26)

Addressing Environmental Concerns (00:09:24)

Renewable Energy in Bitcoin Mining (00:10:29)

Electricity Usage Comparisons (00:12:37)

AI and Bitcoin Mining Competition (00:15:21)

Centralization vs. Decentralization in Alliances (00:20:55)

Discussion on Risk and Collaboration (00:22:50)

Analogy with Polling (00:23:44)

Social Coordination in Bitcoin (00:24:15)

ASIC Manufacturing Oligopoly (00:25:04)

Challenges for New ASIC Manufacturers (00:26:55)

Emerging Competitors in Mining (00:28:43)

Mining's Capital Intensity (00:29:39)

ASIC Resistance Debate (00:30:42)

Economic Incentives in Mining (00:31:16)

Proof of Work Alliance Benefits (00:32:38)

Historical Context of Mining Innovations (00:33:50)

Decentralization vs. Large Mining Pools (00:35:10)

Impact of Economic and Social Factors (00:36:34)

Innovation in Proof of Work (00:38:05)

Challenges in Mining Innovation (00:40:30)

Broader Ecosystem Innovations (00:41:11)

Micro Innovations in Mining (00:42:15)

Merge Mining Popularity (00:43:17)

Proof of Stake Popularity (00:45:03)

Validator Business Models (00:45:29)

Alignment Issues in Mining (00:47:10)

Blind Merged Mining Discussion (00:48:34)

Risks of Drivechains (00:49:20)

Concerns Over Block Rewards (00:52:14)

Debate on OP_Return Function (00:54:19)

Passion in Bitcoin Debates (00:56:20)

Concerns About Ossification (01:00:04)

Impact of Inscriptions on Miners (01:03:26)

The Importance of Cross-Chain Integration (01:05:30)

Challenges of Bitcoin Adoption (01:06:05)

Gas Fees Comparison (01:07:12)

Stablecoins in the Bitcoin Ecosystem (01:08:05)

Celebrating Pizza Day (01:10:53)

Fractal Bitcoin's Pizza Challenge (01:14:30)

Reflections on Market Volatility (01:16:14)

Joining the PoW Alliance (01:18:22)

How to Contact Charles, Summer & Spencer (01:19:12)

Closing Remarks and Future Announcements (01:20:42)