Podcastnewshubb
Advertisement Banner
  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact
No Result
View All Result
  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact
No Result
View All Result
Podcastnewshubb
No Result
View All Result
Home Crypto Podcasts

The Resiliency of the Bitcoin Network with Nick Hansen — What Bitcoin Did

admin by admin
April 15, 2023
in Crypto Podcasts


Location: Los Angeles
Date: Sunday 17th October
Company: Luxor Technologies
Role: CEO

Proof-of-work mining is at the heart of the bitcoin network consensus, ordering transactions into blocks and providing security. Without a healthy mining ecosystem, the Bitcoin network is vulnerable.

Earlier this year, China banned Bitcoin mining within the country. At that time, over 50% of the hashrate was said to be located in China. What followed was a huge drop in the hashrate as miners migrated out of the country. 

While, on the face of it, this could be seen as a negative, the outcome was a more decentralised hashrate and a smaller concentration of miners operating within an authoritarian country.

In addition, stressed economic conditions have led to increasing uncertainty in the supply chains surrounding the fabrication of new ASIC mining equipment.

So what is the state of the Bitcoin mining industry today?

In this interview, I talk to Nick Hansen, CEO of Luxor Technologies. We discuss the resilience of the bitcoin network, mining pools and the global economics of ASIC supply chains.



Source link

Previous Post

The Failure of Central Banking with Matthew Mežinskis — What Bitcoin Did

Next Post

Fighting for Bitcoin in Congress with Aarika Rhodes — What Bitcoin Did

Next Post

Fighting for Bitcoin in Congress with Aarika Rhodes — What Bitcoin Did

Recommended

Bitcoin & Absolute Freedom with Junseth — What Bitcoin Did

7 months ago

The FTX Contagion with Jesse Powell — What Bitcoin Did

7 months ago

the Good, the Bad & the Totalitarian with Nik Bhatia — What Bitcoin Did

5 months ago

The Fourth Turning Revisited with Brandon Quittem — What Bitcoin Did

3 months ago

The Future of Bitcoin Banking with Eric Yakes — What Bitcoin Did

3 months ago

How Bitcoin Can Expand the Grid in Africa with Erik Hersman — What Bitcoin Did

5 months ago
Podcast-(-White-) (1)

© Podcast News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact

© 2022 Podcast News Hubb All rights reserved.