Bitcoin Mining 101

Bitcoin Mining 101
FCAT Crypto Brief™
Bitcoin Mining 101

May 30 2023 | 00:41:08

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Episode 41 May 30, 2023 00:41:08

Hosted By

Ryan Stuebe Jason Ward Jack Neureuter Parth Gargava

Show Notes

Jason and Ryan speak with Kevin Kelly, who is part of FCAT’s Bitcoin mining team, about how Bitcoin is created. The three talk about their personal history with mining, and touch on the different economic, political, and technological complexities of mining.

Episode Topics:

[4:45] What is Bitcoin Mining?

[13:45] What are hashrates?

[16:45] Energy Economics

[20:05] Role of mining pools

[22:30] Geographic Shifts

[30:40] Innovation in Bitcoin mining

[32:50] Proof of Stake vs Proof of Work

[34:30] Blockchain Trilemma

[37:00] Resources

Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

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