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Bitaxe: The Open Source Bitcoin Miner with Skot - SLP578
· 24.05.2024 · 13:00:11 ··· Freitag ⭐ 56 🎬 836
📺 Stephan Livera
Official Podcast Episode: https://www.stephanlivera.com/578
Skot joins me to talk about his project to bring affordable, energy efficient, open source mining to home miners. We discuss:
The current state of open source in bitcoin mining
Bitaxe overview
Why do people do this?
Price and how to set one up
Mining pools
Decentralisation
Timestamps:
00:00 - Intro
00:50 - Skot’s Background & building his first radio station
04:00 - Centralisation of mining pools
07:20 - Balancing profitability and FOSS ethos
11:35 - The market for Open Source Bitcoin miners
13:18 - What is Bitaxe?
15:07 - Reverse engineering ASIC mining boards
17:15 - Is it profitable to run BitAxe?
22:53 - Sponsors
25:24 - Lottery mining
27:21 - Setting up a BitAxe
33:03 - Bitaxe getting a grant by OpenSats
38:13 - Upcoming versions of BitAxe
40:45 - What happens if home miners run BitAxe at scale?
43:59 - Sponsors
46:12 - Post-halving effects on home mining setups
51:20 - Cost considerations - S21 vs. BitAxe Supra
54:13 - Risks of Bitcoin mining centralisation
58:07 - Thoughts on Stratum V2
01:02:07 - Empty blocks
01:05:09 - Outro
Links:
X: @skot9000 : https://x.com/skot9000
Site: Bitaxe.org : http://Bitaxe.org
Sponsors:
- Swan.com (code LIVERA): http://swan.com/livera
- CoinKite.com (code LIVERA) : http://coinkite.com/
- Mempool.space : https://mempool.space/
- Nomadcapitalist.com/apply : https://nomadcapitalist.com/apply
Stephan Livera links:
- Follow me on X: @stephanlivera :https://twitter.com/stephanlivera
- Subscribe to the podcast : https://plinkhq.com/i/1415720320
- Subscribe to Substack : https://stephanlivera.substack.com/
· 24.05.2024 · 13:00:11 ··· Freitag
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