Essentials of Bitcoin Mining

This chapter discusses the fundamentals of Bitcoin mining, focusing on a platform that simplifies the mining experience through services like hosting and equipment management. It also examines tools for financial management, the future landscape of Bitcoin, and the transition of mining revenue from block rewards to transaction fees.

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IN THIS EPISODE, YOU'LL LEARN:

How are Bitcoin updates generated between developers
How are Bitcoin updates released once complete
How are new versions tested and agreed to
What happens if updates aren't used by full node operators
Why full node operators are important versus why miners are important
51% attacks
Quantum computing and it's potential threat to Bitcoin
Other engineering threats to Bitcoin
Jimmy's thoughts on interesting software initiatives moving forward

BOOKS AND RESOURCES

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Jimmy Song's new Book, Thank God For Bitcoin
Jimmy's Book, Programming Bitcoin
Jimmy's Podcast, OffChain
Browse through all our episodes (complete with transcripts) here.

SPONSORS

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SimpleMining
Fundrise
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