CoinDesk Podcast Network

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Mar 19, 2025 • 1h 13min

BITCOIN SEASON 2: What Satoshi Got Wrong About Bitcoin

Peter Todd, mistakenly identified as Satoshi in an HBO doc, discusses Bitcoin's technical history, mining economics, block withholding attacks, and controversial ideas like demurrage.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comPeter Todd joins us to talk about Bitcoin's technical evolution, discussing terminology like "blockchain" vs "timechain," and revealing flaws in Satoshi's original design. Peter dives deep into mining economics, explaining the risks of block withholding attacks, the problems with activation mechanisms for soft forks, and controversial funding models like demurrage. Despite surviving significant challenges, Bitcoin faces ongoing security concerns as block rewards diminish, requiring creative solutions to ensure mining remains economically viable long-term.Notes:- Block withholding attacks remain an unsolved risk- Mining rewards currently ~0.5% tax on Bitcoin savings- Bitcoin difficulty algorithm relies on halving events- Miners have ~24-30% hash power can disrupt network- Transaction fees alone insufficient for mining economics- Demurrage could stabilize mining revenue long-termCheck out our Bitcoin scaling conference! Visit opnext.dev to learn more.Timestamps:00:00 Start02:03 Timechain not a good word04:28 White paper terminology09:17 Difficulty11:35 Price vs hashrate12:53 Block withholding attack21:08 Arch Network21:40 Risks of a block withholding attack26:50 Soft forks31:01 BIP 8 & BIP 934:12 Signaling for soft forks35:51 Nodes vs miners38:04 Transaction IDs43:22 OP_NEXT44:14 Solving soft fork activation48:50 Are drivechains dumb?50:44 Miner centralization56:54 WTF is demurrage?1:01:18 Tail emission1:07:04 ETH mansion1:09:47 Ordinals-👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.-👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.mediaSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Mar 18, 2025 • 16min

MARKETS DAILY: Crypto Update | What Are Perpetual Futures Contracts?

Everything you need to know about the perpetual futures market with Jennifer Sanasie and CoinDesk Indices Head of Product and Research Andy Baehr.To get the show every day, follow the podcast here.CoinDesk Indices Head of Product and Research Andy Baehr joins "Markets Daily" to discuss the difference between perpetual futures contracts and traditional futures. Find out why the product is so attractive for retail investors.This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.-Friends, DeFi is having a moment — Uniswap Labs' web app and wallet connect you to the excitement. Swapping and bridging are simple, low cost, and lightning fast across 13 chains, including Base, Arbitrum and Unichain, the new Layer 2 network designed for DeFi.Thanks to deep liquidity on Uniswap Protocols, you get minimal price impact on every trade, now with even greater efficiency through Uniswap v4.Swap, send, on-ramp, off-ramp, and bridge into a bright future — get started at uniswap.org.-This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Mar 18, 2025 • 3min

COINDESK DAILY: DOGE's Elon Musk Finds U.S. 'Magic Money Computers'

Host Christine Lee breaks down the latest news in the crypto industry as DOGE head Elon Musk reveals the U.S. government "magic money computers."DOGE head Elon Musk uncovers U.S. government "magic money computers" printing money out of thin air. Plus, Gemini appoints a new CFO to weigh an IPO and Japan's Metaplanet buys more bitcoin. CoinDesk's Christine Lee hosts "CoinDesk Daily."-Friends, DeFi is having a moment — Uniswap Labs' web app and wallet connect you to the excitement. Swapping and bridging are simple, low cost, and lightning fast across 13 chains, including Base, Arbitrum and Unichain, the new Layer 2 network designed for DeFi.Thanks to deep liquidity on Uniswap Protocols, you get minimal price impact on every trade, now with even greater efficiency through Uniswap v4.Swap, send, on-ramp, off-ramp, and bridge into a bright future — get started at uniswap.org.-This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Mar 18, 2025 • 32min

THE MINING POD: How BitFuFu Is Leveraging Cloud Contracts For International Growth

From Ethiopia to Oklahoma, BitFuFu is turning recurring revenue into gigawatts of power.You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 8,000 Bitcoiners: https://newsletter.blockspacemedia.comWant to mine Bitcoin? Check out the Blockspace Media store today!Welcome to The Mining Pod! Charlie Brady, VP of Investor Relations at BitFuFu joins us to dive into their Bitcoin mining operations. We explore their strategic expansion in Ethiopia with electricity costs under $0.04/kWh, their new 51MW Oklahoma facility targeting $0.03/kWh, and their cloud mining business that's grown to over 600,000 users. Charlie shares insights on their asset acquisition strategy, relationship with Bitmain, and plans to reach 1GW of secured power capacity by 2026.Notes:BitFuFu currently has 20.6 EH/s and 480MW hosting capacityEthiopia electricity costs below $0.04/kWhOklahoma site targets $0.03/kWh power costsCloud mining business grew to 602K+ usersCloud mining = ~60% of company revenue00:00 Start02:09 Charlie's bio02:31 Why work for BitFuFu?04:00 Ethiopia05:35 Ethiopia expansion07:12 Ethiopia political stability09:26 Oklahoma11:58 Pathway to gigawatt?12:59 AI & HPC15:39 Bitmain influencing any AI decisions?18:39 Cloud contract numbers20:28 Who are the cloud customers?26:18 Bear market for mining stocks29:44 Hosting👉 CleanSpark (CLSK), America’s Bitcoin Miner!Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!👉 Digital Shovel, All Things Crypto Mining!Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com👉 Luxor, Leaders In Bitcoin Mining and Compute Power!Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.👉 Nicehash, Hashrate, Bitcoin payments and mining!NiceHash is the world leading hashrate marketplace providing a full suite of tools and software for miners to optimize their operations. Based in Switzerland, NiceHash is a fully regulated crypto mining platform.Published twice weekly, "The Mining Pod" interviews the best builders and operators in theBitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviewson Tuesday and a news show on Friday!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Mar 17, 2025 • 16min

MARKETS DAILY: Crypto Update | Will Stimulus Checks Send Bitcoin to New All-Time Highs?

The latest price moves and insights with Jennifer Sanasie and Bitwise Asset Management Chief Investment Officer Matt Hougan.To get the show every day, follow the podcast here.Bitwise Asset Management Chief Investment Officer Matt Hougan joins CoinDesk with insights into the upcoming FOMC meeting and how economic uncertainty could impact the crypto market. Plus, the overall sentiment in the industry under a friendlier administration and the promising future of Ethereum despite the price drop.This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.-Friends, DeFi is having a moment — Uniswap Labs' web app and wallet connect you to the excitement. Swapping and bridging are simple, low cost, and lightning fast across 13 chains, including Base, Arbitrum and Unichain, the new Layer 2 network designed for DeFi.Thanks to deep liquidity on Uniswap Protocols, you get minimal price impact on every trade, now with even greater efficiency through Uniswap v4.Swap, send, on-ramp, off-ramp, and bridge into a bright future — get started at uniswap.org.-This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Mar 17, 2025 • 3min

COINDESK DAILY: South Korea's Central Bank Rejects Bitcoin

Host Christine Lee breaks down the latest news in the crypto industry as South Korea’s central bank rejects establishing a bitcoin strategic reserve.South Korea’s central bank rejects establishing a bitcoin strategic reserve, Telegram’s CEO returns to Dubai and is free to travel, and failed hedge fund 3AC's claim against FTX jumps from $120M to $1.5B. CoinDesk's Christine Lee hosts "CoinDesk Daily."-Friends, DeFi is having a moment — Uniswap Labs' web app and wallet connect you to the excitement. Swapping and bridging are simple, low cost, and lightning fast across 13 chains, including Base, Arbitrum and Unichain, the new Layer 2 network designed for DeFi.Thanks to deep liquidity on Uniswap Protocols, you get minimal price impact on every trade, now with even greater efficiency through Uniswap v4.Swap, send, on-ramp, off-ramp, and bridge into a bright future — get started at uniswap.org.-This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Mar 15, 2025 • 1h 2min

BITCOIN SEASON 2: Is Bitcoin's Lightning Network A Success?

It’s 10 years since the invention of the Lightning Network! Is it a success or failure?You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comMatt Kimmell joins us to evaluate the Lightning Network's decade long journey. We break down Lightning using simple analogies (bar tabs and abacuses!), trace its historical development through Bitcoin's scaling debates, and try to assess its successes and disappointments. While Lightning functions technically and has achieved notable adoption milestones, the we discuss why user experience remains challenging and if we can address persistent issues like channel liquidity management and offline reception problems.Notes- Lightning whitepaper published in 2015 (decade ago)- Three softforks enabled Lightning functionality- Trump used Lightning for burger purchase on camera- Many Lightning wallet providers have shut down- Channel liquidity management remains a major UX issue- Binance and major exchanges now support LightningCheck out our Bitcoin scaling conference! Visit opnext.dev to learn more.Timestamps:00:00 Start02:17 What is the Lightning Network?08:50 History of Lightning21:34 Web326:35 Arch Network27:07 New use cases30:05 Lightning successes37:49 Lightning failures41:30 OP_NEXT48:06 UX challenges-👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.-👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.mediaSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Mar 14, 2025 • 3min

COINDESK DAILY: Ripple vs. SEC Lawsuit Near Settlement

Host Christine Lee breaks down the latest news in the crypto industry as the legal battle between the SEC and Ripple may soon reach a resolution.Ripple is in settlement talks with the SEC, while Trump-backed World Liberty Financial is closing a $540 million token sale and reportedly discussed acquiring a stake in Binance.US. CoinDesk's Christine Lee hosts "CoinDesk Daily."-Friends, DeFi is having a moment — Uniswap Labs' web app and wallet connect you to the excitement. Swapping and bridging are simple, low cost, and lightning fast across 13 chains, including Base, Arbitrum and Unichain, the new Layer 2 network designed for DeFi.Thanks to deep liquidity on Uniswap Protocols, you get minimal price impact on every trade, now with even greater efficiency through Uniswap v4.Swap, send, on-ramp, off-ramp, and bridge into a bright future — get started at uniswap.org.-This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Mar 14, 2025 • 22min

SEC Dropping Crypto Cases Is No ' Free Pass' for Fraud

SEC Commissioner Hester Peirce joins CoinDesk with the latest updates on the crypto task force initiated under President Donald Trump's resumed presidency. Plus, the significance of a transparent, rule-based approach to crypto regulation in the U.S.-This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.-This episode was hosted by Nikhilesh De.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Mar 14, 2025 • 35min

THE MINING POD: EPA Slashes Regulations, Canaan Secures $200M, CoreWeave's OpenAI Deal and NYDIG's Mawson Beef

All your Bitcoin mining news in 30 minutes or less!You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 8,000 Bitcoiners: https://newsletter.blockspacemedia.comWant to mine Bitcoin? Check out the Blockspace Media store today!Welcome to The Mining Pod! Matt Kimmell and Will cover the week's biggest stories in Bitcoin mining. We analyze the challenging hashprice environment for miners (hitting all-time lows at $42/hash), discuss the EPA's major deregulation announcement and its potential impact on energy markets, break down Canaan's $200M funding for US expansion, examine CoreWeave's massive $11.9B OpenAI deal ahead of its IPO, and dive into the drama between NYDIG and Mawson over allegedly stolen Bitcoin miners worth $30M.Notes:Hash price at all-time low of $42 per hash per @luxorEPA launching 31 deregulatory actions for energyCanaan secured $200M for US mining expansionCoreWeave signed $11.9B OpenAI contractNydig claims Mawson stole $30M worth of minersTimestamps:00:00 Start07:21 EPA to slash regulation14:03 Canaan $200M in financing20:41 CoreWeave & OpenAI sign deal28:50 Cry corner: Stone Ridge & Mawson $30M Theft👉 CleanSpark (CLSK), America’s Bitcoin Miner!Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!👉 Digital Shovel, All Things Crypto Mining!Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com👉 Luxor, Leaders In Bitcoin Mining and Compute Power!Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.👉 Nicehash, Hashrate, Bitcoin payments and mining!NiceHash is the world leading hashrate marketplace providing a full suite of tools and software for miners to optimize their operations. Based in Switzerland, NiceHash is a fully regulated crypto mining platform.Published twice weekly, "The Mining Pod" interviews the best builders and operators in theBitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviewson Tuesday and a news show on Friday!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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