
230: Oliver Chalk – ETH Mining Experiment; Gateway to Full-Scale BTC Basis Trading
Chat With Traders
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The Importance of ASICs
I always had a passion for programming, but never really got anywhere with it at school. When I found crypto, that was sort of an outlet that also aligned with my personal values around libertarianism. So yeah, I saw it as an outlet to express my ideas and build software in a very cutting edge manner. And you said that you were using GPUs to mine, which is not competitive enough,. And was it ASIC or ASIC chips is sort of what's really needed nowadays? Yep.
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