The Bitcoin Mining Arms Race with Marshall Long

The Bitcoin Mining Arms Race with Marshall Long

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Publish Date:
5 July, 2024
Category:
Bitcoin
Video License
Standard License
Imported From:
Youtube

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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