Bob Burnett: Satoshi's Heel

<p>In this episode Cedric sits down with Bob Burnett to discuss <a href="https://bitcoinmagazine.com/business/bitcoin-miners-face-a-dilemma-for-success">the miners trilemma</a>, <a href="https://bitcoinmagazine.com/business/crucial-role-wild-horses-bitcoin-mining">the crucial role of wild horses in bitcoin mining</a> and <a href="https://bitcoinmagazine.com/business/mining-industry-makes-bitcoin-vulnerable">Satoshi's Heel</a>.</p> <ul> <li>Is mining infrastructure a vulnerability that could take down Bitcoin?</li> <li>Why wild horses, the unruly mustangs of the bitcoin world, must make up a larger proportion of hash rate for optimal security</li> <li>Why public mining companies cannot exist within the ethos of Bitcoin</li> <li>The critical importance of bitcoiners to stop using the term ASIC to describe a mining server.</li> </ul> <p>Bob Burnett is the founder and CEO of Barefoot Mining, a company focused on the development of “horse-class” mining sites, and he is a vocal proponent for the expansion of diversity in Bitcoin mining site geography, scale, and energy sources. Bob has spent over 35 years as a technologist including 13 years at Gateway, Inc., a Fortune 200 personal computer company, where he led the company’s product development efforts as Chief Technical Officer. He has founded several companies in the Bitcoin mining space and is an evangelist and educator for Bitcoin and its importance to the world’s future. </p> <p>This podcast is brought to you by <a href="https://partner.river.com/matrix">River.</a></p> <p>Buy Bitcoin with and zero fees on recurring orders when you dollar cost asset at <a href="https://river.com/signup?r=JIZRU3S5">River.</a></p> <p>Truly the best way to build your bitcoin wealth. <a href="https://partner.river.com/matrix">River</a> doesn’t use or lend your bitcoin. All bitcoin at <a href="https://partner.river.com/matrix">River.</a> is held in secure cold storage with 100% full reserves. You can withdraw your bitcoin at any time. Unlock the possibilities of this revolutionary digital asset with River.</p> <p><a href="https://partner.river.com/matrix">River</a> has a level of service that is unheard of in this industry.</p> <p>Sure you’ve bought bitcoin before but have you tried <a href="https://partner.river.com/matrix">River</a>. See and feel the difference for yourself at <a href="https://partner.river.com/matrix">River</a>.</p> <p>The world is grasping the importance of decentralized money with limited supply. Your friends and family could use your help realizing it. <a href="https://partner.river.com/matrix">River</a>’s river’s referral program will add $20 in free bitcoin to both of your accounts.</p> <p>To get started and find out for yourself, use the link in the show notes and get $20 free when you buy Bitcoin at <a href="https://partner.river.com/matrix">river.com</a> or on the river app. </p> <p>Build your Bitcoin wealth at <a href="https://partner.river.com/matrix">River</a> today at: <a href="https://river.com/signup?r=JIZRU3S5">partner.river.com/matrix</a></p> <p><a href="https://store.coinkite.com/promo/B81AD35FE804254094F9">Coinkite</a> is a leader in security and hardware manufacturer, est. block 141,000.</p> <p>Maker of some of the most iconic Bitcoin products, such as <a href="https://opendime.com/">OPENDIME</a>, <a href="https://coldcard.com/">COLDCARD</a>, <a href="https://store.coinkite.com/store/blockclock">BLOCKCLOCK</a>, <a href="https://satscard.com/">SATSCARD</a>, <a href="https://tapsigner.com/">TAPSIGNER</a> and <a href="https://satschip.com/">SATSCHIP</a>.</p> <p>For 5% off use this referral link:</p>