The Philosophy of Bitcoin Mining with Dan Leslie - Freedom Footprint 39

<p>In this episode of the Freedom Footprint show, we are joined by Dan Leslie, Business Development Manager at HashX Mining. In the episode, we’ll shed some light into the world of bitcoin mining, in a deep dive that is both technical and philosophical. Beyond mining, we’ll discuss human cooperation, positivity and toxicity in the bitcoin community, the mysticism of Proof of Work, the relationship between bitcoin and energy, and much more.</p> <p>Connect with Dan on Twitter: <a href="https://twitter.com/0dannboy">https://twitter.com/0dannboy</a></p> <p>Connect with HashX on Twitter: <a href="https://twitter.com/hashX_mining">https://twitter.com/hashX_mining</a></p> <p>00:00:00 - Intro</p> <p>00:02:28 - Welcoming Daniel Leslie</p> <p>00:06:53 - HashX projects in Australia</p> <p>00:09:40 - Cooperation, positivity and toxicity in the Bitcoin Community</p> <p>00:14:09 - The Mysticality of Proof of Work</p> <p>00:16:53 - Bitcoin and the Perfect Form of Energy</p> <p>00:21:11 - Incentive Systems and Capitalism</p> <p>00:23:37 - Bitcon Mining 101</p> <p>00:28:47 - The Trap of Centralization</p> <p>00:31:14 - The necessity of DIfficulty Adjustment</p> <p>00:37:38 - Bitcoin Encoding Energy and Reverse Hacking</p> <p>00:43:36 - The Game of Bitcoin</p> <p>00:48:58 - Bitcoin as a Communication System</p> <p>00:52:43 - Property Rights</p> <p>00:56:57 - The Prospect of Violence in a Hyperbitcoinized World</p> <p>01:05:33 - Investing in Bitcoin Mining</p> <p>01:08:53 - A true Konsensus Mechanism</p> <p>01:14:19 - The future of the Blockchain and Bitcoin Mining</p> <p>01:30:23 - Materialism, High-Time Preference and Hyperinflation</p> <p>01:38:51 - Living the meme and the power of the Bear Market</p> <p>01:41:24 - Bitcoin as the Tower of Babel</p> <p>01:44:17 - Where to find Daniel</p> <p>The Freedom Footprint Show is hosted by Knut Svanholm and BTCPseudoFinn. We are concerned about your Freedom Footprint! Join us as we talk to #bitcoin philosophers about how #bitcoin can expand your Freedom Footprint and much more!</p> <p>The show is sponsored by Wasabi Wallet, the privacy-focused desktop wallet with Tor and coinjoin built in. The coins you send to the wallet are coinjoined through Tor, so when you take the coins out they are private. Visit <a href="https://wasabiwallet.io/">https://wasabiwallet.io/</a> and download Wasabi Wallet!</p> <p>The show is sponsored by Orange Pill App, the social network for bitcoiners aiming to increase hyperbitcoinization in your local area. Download the Orange Pill App today! See <a href="https://www.theorangepillapp.com/">https://www.theorangepillapp.com/</a> for details and connect with them on Twitter <a href="https://twitter.com/orangepillapp">https://twitter.com/orangepillapp</a></p> <p>The show is sponspored by <a href="https://dashboard.justcast.com/podcasts/47639/episodes/bitcoinbook.shop">bitcoinbook.shop</a>, the #bitcoin only bookshop by Konsensus Network. Check out <a href="https://dashboard.justcast.com/podcasts/47639/episodes/bitcoinbook.shop">bitcoinbook.shop</a> for Bitcoin books in more than a dozen languages, both original and in translation.Use code FOOTPRINT for 10% off at <a href="https://dashboard.justcast.com/shows/47639/episode/bitcoinbook.shop">bitcoinbook.shop</a>!</p> <p>Follow us on Twitter:</p> <p><a href="https://twitter.com/FootprintShow">https://twitter.com/FootprintShow</a></p> <p><a href="https://twitter.com/knutsvanholm">https://twitter.com/knutsvanholm</a></p> <p><a href="https://twitter.com/BtcPseudoFinn">https://twitter.com/BtcPseudoFinn</a></p> <p><a href="https://twitter.com/KonsensusN">https://twitter.com/KonsensusN</a></p> <p>Visit our websites for more info:</p> <p><a href="https://konsensus.network/">https://konsensus.network/</a></p> <p><a href="https://bitcoinbook.shop/">https://bitcoinbook.shop/</a></p> <p><a href="https://www.knutsvanholm.com/">https://www.knutsvanholm.com/</a></p>