Analysis of Mining Pools and Centralization Issues in Revenue Distribution

Sam is joined by Head of Swan Mining, Rapha Zagury and CEO of Barefoot Mining, Bob Burnett for an in-depth conversation on the Bitcoin mining industry. They discuss Swan’s bold mining initiative, the differences in the various mining pools/operators, and how the upcoming halving will affect the industry as a whole.

Connect with:
Sam Callahan: https://twitter.com/samcallah
Rapha Zagury: https://twitter.com/alphaazeta
Bob Burnett: https://twitter.com/boomer_btc

Timestamps:
00:00:00 “Swan Signal Live” Intro
00:01:19 Introducing Rapha and Bob
00:01:54 Launching “Swan Mining”
00:08:10 Price of Asic Miners
00:09:26 “The Miners Trilemma”
00:11:23 Sourcing Energy for 70k+ Asic Machines
00:15:16 Deciding When to Deploy Capital into Mining Facilities & Mining Companies
00:18:27 Curtailment and Energy Conservation in Bitcoin Mining
00:24:24 Strategy Behind Using Different Mining Sites and Hosting Partners
00:27:10 “EIA: Tracking Electricity Consumption from U.S. Cryptocurrency Mining Operations”
00:34:20 Risks of Centralization in Bitcoin Mining
00:44:33 “Ocean” Hash-Rate and How it Can Help with “Decentralizing Mining-Pools”
00:51:01 Block-Template-Construction with Ocean
00:54:44 “Stratum V2”
00:57:46 Paying Miners through the Lightning Network
00:59:22 “Profit-Maximalism” in the Mining Industry
01:03:58 “The Merging of Financial Institutions and Bitcoin Mining”
01:09:20 Bob Writing for “Financial Advising” Magazine, and His Thoughts on the Bitcoin ETF
01:15:37 Thoughts on the Upcoming Bitcoin Halving
01:16:45 How to Connect with Rapha and Bob
01:18:42 “Swan Signal Live” Outro

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