Bitcoin Mining 101
Jason and Ryan speak with Kevin Kelly, who is part of FCAT’s Bitcoin mining team, about how Bitcoin is created. The three talk about their personal history with mining, and touch on the different economic, political, and technological complexities of mining. Episode Topics: [4:45] What is Bitcoin Mining? [13:45] What are hashrates? [16:45] Energy Economics [20:05] Role of mining pools [22:30] Geographic Shifts [30:40] Innovation in Bitcoin mining [32:50] Proof of Stake vs Proof of Work [34:30] Blockchain Trilemma [37:00] Resources Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.
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Show Notes
Jason and Ryan speak with Kevin Kelly, who is part of FCAT’s Bitcoin mining team, about how Bitcoin is created. The three talk about their personal history with mining, and touch on the different economic, political, and technological complexities of mining.
Episode Topics:
[4:45] What is Bitcoin Mining?
[13:45] What are hashrates?
[16:45] Energy Economics
[20:05] Role of mining pools
[22:30] Geographic Shifts
[30:40] Innovation in Bitcoin mining
[32:50] Proof of Stake vs Proof of Work
[34:30] Blockchain Trilemma
[37:00] Resources
Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.