The Billion-Dollar Arms Race That Started Over $10 Bitcoins | Bill Tai & George Kikvadze

In this episode, Bill Tai and George Kikvadze join the show to explore the untold, insider history of Bitcoin mining through the lens of BitFury’s founders, exploring their early struggles, near-death moments, regulatory battles, Silicon Valley skepticism, the birth of ASIC mining, the role of Necker Island gatherings in shaping the industry, and how those lessons inform Bitcoin’s present institutional era and future trajectory. Enjoy!
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Timestamps:
00:00 Introduction
03:07 New Book: And Then You Win
05:31 Bill’s Bitcoin Backstory
12:57 George’s Path Into Bitcoin
15:43 FG Trailer
16:56 The Birth of ASICs & Industrial Mining
25:58 BitFury’s Breakout Moment
28:20 Mining Challenges & Growing Pains
30:49 Silicon Valley’s Big Miss
34:17 Necker Island: Branson, Bitcoin & Bold Ideas
39:58 Blockchain Summits & Their Industry Impact
42:13 Today’s Bitcoin Market & The Road Ahead
47:37 Biggest Bitcoin Advice & Surprises
54:49 Final Thoughts

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Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

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