Proof of Work - An interview – Felix
summary
A small mining operation runs GPUs then ASICs, gradually losing profitability as chips age, but left coins on an old hard drive and that forgotten stash later makes the venture break even. Details include solo GPU mining at Micro Center, references to Butterfly Labs testing practices, and the rapid obsolescence of miners. Claims: bought 1 BTC for $300 in 2014, ongoing work focuses on Bitcoin adoption and Lightning-network development and deployment.
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chapters (11)
- 0:00Proof of Work interview intro
- 0:46Early tech memories
- 3:23Gaming rigs to Bitcoin mining
- 6:15Bitcoin mining hardware rise/fall
- 8:00Economics and Bitcoin potential
- 10:14Buying Bitcoin at $300
- 12:50Bitcoin as economic tech
- 15:21Space mining and gold-backed money
- 17:46Blockchain tech and open platforms
- 20:16Open APIs decline
- 21:44Lightning Network focus
