The Bitcoin Mining Arms Race with Marshall Long

Marshall Long is the Head of Architecture for Rhodium Enterprises. In this interview, we discuss the risks of mining centralisation from both the miner & pool perspective and how we can mitigate these and the geopolitical arms race for Bitcoin mining.

“Antpool’s in a place, let’s say Foundry’s in a place, whoever, they start doing weird things…miners would just pull their hashrate away; so, where we get into bigger problems is where let’s say Foundry, and Riot, and Marathon, and Cleanspark all get a knock at the same time.”
— Marshall Long

SHOW NOTES:
https://www.whatbitcoindid.com/podcast/the-bitcoin-mining-arms-race

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TIMESTAMPS:
00:00:00 Introduction
00:07:11 Bitcoin classic & code forks
00:13:37 Miner centralisation threats
00:23:07 Threat mitigation & incentives
00:39:46 Chips & power: geopolitical fronts
00:56:13 Mining arms race; decentralisation
01:08:59 The cheat code; politics

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