July 4, 2023

The Philosophy of Bitcoin Mining with Dan Leslie - Freedom Footprint 39

The Philosophy of Bitcoin Mining with Dan Leslie - Freedom Footprint 39

In this episode of the Freedom Footprint show, we are joined by Dan Leslie, Business Development Manager at HashX Mining. In the episode, we’ll shed some light into the world of bitcoin mining, in a deep dive that is both technical and philosophical....

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Freedom Footprint Show: A Bitcoin Podcast

In this episode of the Freedom Footprint show, we are joined by Dan Leslie, Business Development Manager at HashX Mining. In the episode, we’ll shed some light into the world of bitcoin mining, in a deep dive that is both technical and philosophical. Beyond mining, we’ll discuss human cooperation, positivity and toxicity in the bitcoin community, the mysticism of Proof of Work, the relationship between bitcoin and energy, and much more.


Connect with Dan on Twitter: https://twitter.com/0dannboy

Connect with HashX on Twitter: https://twitter.com/hashX_mining


00:00:00 - Intro

00:02:28 - Welcoming Daniel Leslie

00:06:53 - HashX projects in Australia

00:09:40 - Cooperation, positivity and toxicity in the Bitcoin Community

00:14:09 - The Mysticality of Proof of Work

00:16:53 - Bitcoin and the Perfect Form of Energy

00:21:11 - Incentive Systems and Capitalism

00:23:37 - Bitcon Mining 101

00:28:47 - The Trap of Centralization

00:31:14 - The necessity of DIfficulty Adjustment

00:37:38 - Bitcoin Encoding Energy and Reverse Hacking

00:43:36 - The Game of Bitcoin

00:48:58 - Bitcoin as a Communication System

00:52:43 - Property Rights

00:56:57 - The Prospect of Violence in a Hyperbitcoinized World

01:05:33 - Investing in Bitcoin Mining

01:08:53 - A true Konsensus Mechanism

01:14:19 - The future of the Blockchain and Bitcoin Mining

01:30:23 - Materialism, High-Time Preference and Hyperinflation

01:38:51 - Living the meme and the power of the Bear Market

01:41:24 - Bitcoin as the Tower of Babel

01:44:17 - Where to find Daniel


The Freedom Footprint Show is hosted by Knut Svanholm and BTCPseudoFinn. We are concerned about your Freedom Footprint! Join us as we talk to #bitcoin philosophers about how #bitcoin can expand your Freedom Footprint and much more!

The show is sponsored by Wasabi Wallet, the privacy-focused desktop wallet with Tor and coinjoin built in. The coins you send to the wallet are coinjoined through Tor, so when you take the coins out they are private. Visit https://wasabiwallet.io/ and download Wasabi Wallet!

The show is sponsored by Orange Pill App, the social network for bitcoiners aiming to increase hyperbitcoinization in your local area. Download the Orange Pill App today! See https://www.theorangepillapp.com/ for details and connect with them on Twitter https://twitter.com/orangepillapp

The show is sponspored by bitcoinbook.shop, the #bitcoin only bookshop by Konsensus Network. Check out bitcoinbook.shop for Bitcoin books in more than a dozen languages, both original and in translation.Use code FOOTPRINT for 10% off at bitcoinbook.shop!

Follow us on Twitter:

https://twitter.com/FootprintShow

https://twitter.com/knutsvanholm

https://twitter.com/BtcPseudoFinn

https://twitter.com/KonsensusN


Visit our websites for more info:

https://konsensus.network/

https://bitcoinbook.shop/

https://www.knutsvanholm.com/

The Freedom Footprint Show is a Bitcoin podcast hosted by Knut Svanholm and Luke de Wolf.

In each episode, we explore everything from deep philosophy to practical tools to emit freedom dioxide to expand your freedom footprint!