Click Here Mic Drop: Blockchain buzzkill — one miner’s lament.
May 23, 2025
Richard Hunter is a Bitcoin miner who returned to his Kentucky roots, lured by promises of cheap power and tax perks. He shares his journey from optimism to frustration as he navigates the challenges of setting up a mining operation. The discussion touches on the transition of Kentucky's economy, the impact on local communities, and the reality of scaling mining amid noise pollution and fluctuating Bitcoin prices. Hunter reflects on unfulfilled promises, yet manages to maintain a spark of hope for cryptocurrency's future.
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Hunter's Kentucky Childhood
- Richard Hunter retells his childhood summers in Mockingbird Holler, Kentucky, living primitively and connecting with nature.
- His family roots run deep here with moonshiners and coal miners, shaping his sense of home.
Early Bitcoin Skepticism
- Richard ignored Bitcoin advice from his 19-year-old cousin initially, thinking it childish.
- Later, he realized Bitcoin's value had surged from 7 cents to $36,000, missing a huge opportunity.
Mining Journey Begins
- Richard started mining Bitcoin with one old machine, gradually upgrading to six powerful miners he affectionately called "my girls."
- He watched over them daily despite worries about noise, fire, and even cat hair buildup.