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Stephan Livera Podcast
Bitaxe: The Open Source Bitcoin Miner with Skot - SLP578
May 24, 2024
Skot, creator of Bitaxe, discusses the current state of open source in bitcoin mining, Bitaxe overview, setting up a miner, mining pools, and decentralization. They explore challenges in Bitcoin mining decentralization, security devices, and the ideological appeal of decentralized mining projects.
01:05:32
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Quick takeaways
- Open source in mining fosters DIY exploration and project ownership.
- ASIC dominance in mining industry challenges decentralization and entry for individuals.
Deep dives
The Origin of Bidax and Open Source Ideals
The podcast episode delves into Scott's journey of creating Bidax, an open-source Bitcoin mining project. Scott draws parallels between his past experience in creating a radio station using open-source plans and his current venture with Bidax. He emphasizes the importance of open source in enabling individuals to explore electronics and take ownership of their projects.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode