In this confab, Max catches up with Chet—long-time friend of the show, pleb miner mafia stalwart, and one of the most hands-on mining pioneers around. We reflect on the evolution from pleb to pioneer, the value of craft mastery, and the realities of living like a “mining monk” to keep uptime high. Chet opens up about humility in markets, his thesis on used miner pricing, why community matters more than adulation, and how building a circular economy means choosing who you spend your sats with. We dig into balance, burnout, OPSEC trade-offs, and finding purpose beyond number go up—whether that’s family, fitness, or a well-built deck at home.
Max and Chet also dive into gas mining as the next scrappy frontier, mineral rights and licenses, and how Big Tech’s energy appetite will reshape competition. On the privacy front, they discuss Ashigaru’s rebirth of the Samourai-style toolset (including its new Whirlpool), practical wallet setups with Cake Wallet and node linking, and the importance of meetups like Lake Satoshi for real-world learning. It’s a candid, wide-ranging chat on building, belonging, and the grind required to make Bitcoin living, not just Bitcoin listening.
VALUE FOR VALUE
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FOUNDATION
https://foundation.xyz/ungovernable
Foundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty.
As a sovereign computing company, Foundation is the antithesis of today’s tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can’t be evil”.
Thank you Foundation Devices for sponsoring the show!
Use code: Ungovernable for $10 off of your purchase
CAKE WALLET
https://cakewallet.com
Cake Wallet is an open-source, non-custodial wallet available on Android, iOS, macOS, and Linux.
Features:
- Built-in Exchange: Swap easily between Bitcoin and Monero.
- User-Friendly: Simple interface for all users.
Monero Users:
- Batch Transactions: Send multiple payments at once.
- Faster Syncing: Optimized syncing via specified restore heights
- Proxy Support: Enhance privacy with proxy node options.
Bitcoin Users:
- Coin Control: Manage your transactions effectively.
- Silent Payments: Static bitcoin addresses
- Batch Transactions: Streamline your payment process.
Thank you Cake Wallet for sponsoring the show!
MYNYMBOX
https://mynymbox.io
Your go-to for anonymous server hosting solutions, featuring: virtual private & dedicated servers, domain registration and DNS parking. We don't require any of your personal information, and you can purchase using Bitcoin, Lightning, Monero and many other cryptos.
Explore benefits such as No KYC, complete privacy & security, and human support.
(00:00:00) INTRO
(00:01:45) BOOSTS
(00:05:31) THANK YOU CAKE WALLET
(00:06:38) THANK YOU FOUNDATION
(00:07:25) THANK YOU MYNYMBOX
(00:08:22) Reunion on the Mic
(00:12:17) From Pleb to Pioneer
(00:19:30) Thanks for the Memories
(00:22:53) The Mining Monk
(00:26:54) Getting Into Gas
(00:33:34) Paying it Forward
(00:36:21) The Value of Wholesome Work
(00:41:34) More Hash Sluts
(00:48:00) Doing It Live
(00:52:53) Living Life or Basement Dweller OPSEC
(00:56:41) Grassroots Education
(01:03:03) Ashigaru, Samourai and Whirlpool
(01:06:47) We'll Make it Happen at Lake Satoshi
