Drinks in Quarantine: Mining Round Up

Participants:
Harry Sudock
Austin Storms
Samson Mow
Cassie Clifton
Nick Hanson
Chase Lochmiller

Timestamps:
0:04:16 0:10:14 Guest introductions, rules, and overview of topics
0:10:14 0:14:13 Opinions on mining derivatives
0:14:13 0:20:31 Barriers of entry for new miners to enter the industry and comparing hardware options
0:20:30 0:23:27 Factoring in tariffs when choosing mining hardware
0:23:27 0:26:39 Deciding where to set up mining infrastructure and how to stay competitive
0:26:39 0:28:26 Samson joins and discusses Blockstream Mining and his thoughts on mining derivatives
0:28:26 0:31:14 Discussion on whether mining derivatives will get listed on traditional exchanges
0:31:14 0:38:02 Learning from the rise and fall of Bitmain
0:38:00 0:44:33 Decoupling the value of the Bitcoin hashrate from its price
0:44:33 0:47:36 Viability of transaction fees as the primary revenue driver for miners
0:47:36 0:52:41 Debate on the necessity of a fixed inflation rate for Bitcoin security and mining incentives
0:52:40 1:02:08 The next S9 - evolution of mining hardware
1:02:21 1:06:27 Chase on leveraging Bitcoin to solve a problem within the oil and gas industry
1:06:27 1:12:07 Black Swan events in the context of Bitcoin mining (emphasis on Three Gorges Dam)
1:12:06 1:21:36 Bitcoin's role during a war between nations (US vs China)
1:21:37 1:28:12 Bitcoin as tool to empower individuals during geopolitical unrest
1:28:12 1:34:32 Further discussion on Bitcoin Black Swans (infrastructure and game theory between competing nations)
1:35:34 1:39:47 Comparing fundamentals and price in the 2017 bull market versus today
1:39:47 1:41:41 Strategically purchasing mining equipment
1:42:05 1:43:46 51% attacks and the hashrate market in the context of competing nations
1:43:47 1:47:25 Discussion on realistic threats to Bitcoin (emphasis on technical bugs)
1:47:42 1:58:10 Other considerations (technical and operational) when establishing mining infrastructure
1:58:10 2:01:50 DIY mining infrastructure versus plug-and-play/standardized options
2:01:49 2:07:20 Last words