CoinDesk Podcast Network BITCOIN SEASON 2: Bitcoin Miners Don’t Care About The Filter Debate
Oct 11, 2025
At the North American Blockchain Summit, the surprising truth emerges: Bitcoin miners are more focused on profits than technical debates. With Foundry dominating the market at 0% pool fees, miners prefer the predictability of FPPS revenue models. The hosts reveal that many miners are unaware of the Core version their pool uses. Texas is evolving into a finance capital, driven by energy and data center dynamics. The disconnect between the technical community and miners raises questions about the future of Bitcoin and its fee structures.
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Miners Ignore Core V30 Debate
- Bitcoin miners at NABS largely ignore Core v30 and technical filter debates.
- Colin Harper and co-host observe miners focus on physical infrastructure and profit, not node versions.
Profit Drives Miner Decisions
- Miners are primarily motivated by profitability and operational concerns, not ideology.
- Many large miners are institutional operators focused on returns rather than being 'Bitcoiners.'
How Foundry Captured Hash Rate
- Foundry grew by offering near-zero pool fees and appealing to migrating U.S. miners after China's ban.
- That strategy captured a large share of global hash rate during the 2021 migration.