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We will take a non-technical look into bitcoin mining in this episode. My guests are Jan Čapek and Pavel Moravec, the CEOs and Founders of Braiins, the company that is operating Slush pool, which is the world’s first bitcoin mining pool with more than 1 000 000 BTC mined since 2010. Jan and Pavels company is located in the Czech Republic in Prague. They are bitcoiners by heart and explain how pool mining works, what the challenges for miners are to be profitable, share their thoughts about the electricity consumption of proof-of-work and what they believe bitcoin will be in the future.
“Bitcoin is a big social change in the world.” – Jan Čapek
“Bitcoin forces you to think differently.” – Pavel Moravec

History of Slush Pool
Why they like Bitcoin?
Explaining Mining for Newbies
Electricity needs of Bitcoin
Mining profitability
Price of electricity and value of bitcoin
How pool mining works
Can individuals participate in mining?
Mining centralization
Slush pools business model
Braiins OS
Improving the mining protocol
Competition in mining
Antbleed backdoor in Antminer S9
Open Source mindset in Asia
Miners ability to censor transactions
Stratum V2
Future of bitcoin
Altcoins as testbeds
Confidential transactions

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Der Beitrag Jan Čapek and Pavel Moravec: Bitcoiners by Heart Lead Us Behind the Scenes of Pool Mining erschien zuerst auf The Anita Posch Show.
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