CD95: Bitcoin Miner Incentives with Nick Hansen and BitMEX Research
Audio is streamed directly from the publisher (serve.podhome.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
support dispatch: https://citadeldispatch.com/donate
EPISODE: 95
BLOCK: 781708
PRICE: 3593 sats per dollar
TOPICS: Mempools, Miner Extracted Value, Free Markets, Out of Band Payments, Mining Centralization
BitMEX Research on Twitter: twitter.com/BitMEXResearch
Nick Hansen on Twitter: twitter.com/hash_bender
nostr live chat: https://citadeldispatch.com/stream
nostr account: https://primal.net/odell
youtube: https://www.youtube.com/@citadeldispatch
podcast: https://www.podpage.com/citadeldispatch
stream sats to the show: https://www.fountain.fm/
(00:05:20) Mempools never clearing
(00:15:30) Bitcoin mining incentives
(00:23:29) Minor extracted value (MEV)
(00:46:36) NFT sale and block entry
(00:48:00) Auction process and fees
(01:03:13) Outbound payments and miner centralization
(01:30:26) Discussion about the ViaBTC block and allegations of foul play
(01:32:00) Explanation of selfish mining and spy mining
(01:43:14) Mitigation strategies for potential mining shenanigans
(01:56:52) Discussion on the decentralization of the mining industry