This Week in Startups Kazakh Bitcoin mining outage, Synthetic actors, Memes + Ben Awad: Gen Z Programming Mentor | E1355
Jan 7, 2022
Ben Awad, a software engineer and popular online creator, joins the discussion to explore the impact of Kazakhstan's internet shutdown on Bitcoin mining, disrupting 15% of the network. The conversation shifts to the amusing world of AI-created actors and deepfakes, emphasizing the ethical dilemmas they present. Ben shares insights on Gen Z's unique career paths in tech and content creation, including his innovative approaches to coding education. The podcast also features a humorous take on memes, blending current events with tech culture.
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Bitcoin Mining Vulnerability
- Kazakhstan's internet shutdown took 15% of Bitcoin's mining network offline.
- This highlights Bitcoin's vulnerability to internet access disruptions in major mining hubs.
Bitcoin's Environmental Impact
- Bitcoin mining's reliance on coal-based energy in Kazakhstan is environmentally damaging.
- Renewables in mining are not additive; they replace existing clean energy sources.
Bitcoin's Resilience
- Jason Calacanis's initial Bitcoin skepticism changed due to its resilience against hacks and shutdowns.
- China's ban on Bitcoin mining did not significantly impact the network.