Latest / Simply Bitcoin / LIVE FROM THE MINING CONFERENCE | EP 596

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LIVE FROM THE MINING CONFERENCE | EP 596 · Simply Bitcoin

0:17
Yep. Today is October. 7 2022.
0:20
Welcome to Simply Bitcoin. We are your number one source
0:22
for the peaceful. Bitcoin Revolution recover, the
0:24
breaking news culture. Me, Matic Warfare we show you
0:26
why only Bitcoin can give you true Financial sovereignty.
0:30
And when we say that, we obviously mean Freedom, welcome
0:32
to the Friday special. We are live streaming from the
0:35
floor of Scots legendary the mining conference.
0:39
Well, he changed it now. It's just the mining conference.
0:42
I want to give a special shout-out to Scott.
0:44
He is the organizer. Welcome to the show, man.
0:48
It's great to be here. Great, to be here.
0:50
Yeah, it's coming together nicely and we're just having a
0:54
great time at the mining conference here in Round Rock,
0:57
Texas. Yeah, this is this is definitely
0:59
is a celebration. You get to meet a lot of people
1:03
from the industry that you would never regular.
1:05
See spoke to some of the people a bit made spoke to people at
1:08
what's minor. All the major manufacturers are
1:11
here if you're interested in hosting.
1:13
It's also a good place to be. Also want to give a special
1:15
shout-out to my friend Tucson. The Spin Master from bowling
1:19
last night. Kaboom Max.
1:23
How you doing? Tucson gem.
1:25
Pretty good. As you can see, I'm drinking a
1:27
Red Bull, and if you're not working towards hypertension in
1:31
this bear Market, you're not building hard enough.
1:34
Is them that he dropped and of course Tom, how you doing?
1:37
Tom, welcome to Simply Bitcoin. Great, thanks for having me on,
1:41
great to see some familiar faces and meet some new people.
1:43
So it is going to be a great show.
1:45
Guys. We're gonna it's we're going to
1:46
change it up a little bit. To take advantage of the fact
1:49
that we have all these awesome panelists on the show.
1:51
Today, we're going to talk definitely going to scoop into
1:54
mining. I've had private conversations
1:56
with with Tucson, I've had private conversations with Alex,
1:59
I've had private conversations with Scott, so just a just some
2:03
interesting topics that we could definitely bring up today.
2:05
That I feel like you guys would find valuable many ways, not the
2:09
culture. We're doing interviews.
2:11
We're doing interviews, my job is easy today.
2:13
So yeah guys, I'm having a blast out here.
2:18
Me and Nico dominated bowling last night.
2:21
I ate like too many burgers, you know, not doing the best on my
2:27
diet over here, but fun time bullying just for anyone who
2:33
hasn't done it before, just throw the ball hard.
2:35
It works. Anyways, let's start the show.
2:41
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Billion USD. Anyways, I wanted to take
3:41
advantage of the number section to give a shout-out to the
3:45
legendary crypto couple. They came out with another
3:49
awesome me Maddox in video and I want to play that for you guys
3:53
today and then we'll Riff on it. Let's check it out.
3:55
Shout out to the crypto couple and we got a viking behind
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stage. Dude, dude.
5:30
Dude, they're fucking great the fucking amazing.
5:34
Holy shit. That was Beatles right.
5:37
They must think that Simon and Garfunkel.
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Right. Is it?
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I don't know. I don't know.
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I don't know. We're definitely gonna get
5:42
smashed some old band so that came from Scott that income from
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Nico, just for the record. I'm yeah.
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That Sound of Silence, right. Simon and Garfunkel parody.
5:58
Nico doesn't know anything about anything when it comes to music.
6:02
So I got back. Anyways before we get into just
6:06
making fun of Nico. I as much as everyone calls what
6:13
they're doing, you know cringe and I still believe that they're
6:17
spreading that signal. And this is this out who the
6:20
hell says it on Twitter. A lot of people be talking that
6:23
smack and And I think they're killing it.
6:25
Everything they're doing just kids better.
6:27
Their production value just continues to get better.
6:29
They're getting better at the parodies and this is what this
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is, what happened for for Mass adoption guys, like having these
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little skits, this is how you sink into the culture and you
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tell people the signal while, maintaining all the sauce and it
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is nigga you jump in, you jump in.
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Yeah, dude, first of all, crypto couple, shout out to them,
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Absolute Legends. Freaking bro.
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Amazingly Medics man. Amazing memetics.
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There's some of the best getting the message out there.
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One of the most effective ways and reason memes are so
7:02
effective, right? It's first of all, they have to
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have a common denominator which is the truth.
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They don't have that common denominator, then it's not it's
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not going to go viral. People are not going to
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understand that common language that's number one.
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Number two is make people laugh right?
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You know there's a lot of heavy crap that we have to deal with.
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This is a separation of money and state after all.
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So you know at least they're talking about dark top.
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But in a light heart and I think that's why it's so effective and
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it's not only me saying that the free market is saying that as
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well. Look at the amount of views that
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they're getting. Look at the amount of traction
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engagement. I think sailor retweeted them
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the other day, right? So, you know, it speaks for
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itself. The effectiveness of crypto
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couples pneumatics, right? So anyway, Scott, what was your
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you you heard that right? That was that was nice.
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I like it. You know.
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There's something to be said about you know, the production
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quality these days. I think people actually Really
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tend to like stuff that's a little bit more rough.
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So I hope it doesn't get too refined I like that was dropped
8:02
in some wisdom, some wisdom anyways.
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Tucson, don't forget to pick up the mic.
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What do you think? Um, crypto cup, love it, I think
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culture parodies music is very underappreciated.
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It's something that's incredibly important for moving people.
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People understand things from different mediums.
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And stuff like, that's pretty pretty awesome.
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Absolutely. Kaboom, Kaboom racks Tom.
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What are you thoughts, man? Yeah, I love it, man.
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I think, you know, people engage with stories and that's kind of
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something that they're kind of representing every time they
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drop some new content so really appreciate it.
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Absolutely, 100% Opti. Is it time?
8:47
It's time, it's time. All right, all right guys, let's
8:50
get to the news is do it. The Daily News brought to you by
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A bit box today. All right, guys, I'm gonna make
9:17
this Or because I really want to take advantage of the fact that
9:20
we have some awesome guests. But I do have to cover this is
9:23
the original title for the thumbnail but as guests came in,
9:28
right we did obviously you have a change of plans but we need a
9:31
contingency so this is the original title so I'm going to
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address it where to talk about this today and we have an
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awesome panel too kind of Riff on.
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So for anyone that doesn't know, Celsius disclosed names and
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transaction history of all users during bankruptcy.
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Any wallet that Interacted with Celsius, is now publicly linked
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to government ID and here are some of the bullet points.
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Court filings totaled, 14,000 Pages data includes names,
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trading history, transaction times.
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And amounts, this data can be combined with on chain data to
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connect self custody wallets with any Celsius, user that
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interacted with them Celsius, ask for the names of its users
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to be hidden from the court filings.
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But the judge refused saying that is common requirement for
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bankruptcy cases. Users are now at Thinking's risk
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of theft and extortion, right? And we had some predominant
10:22
bitcoiners that were signed up to sit Celsius is like blad
10:27
right blad admitted that he was on there as well.
10:30
And this is mad. Odell's, you know, thinking on
10:33
this, he said today's not a good day, the fact that most Bitcoin
10:36
services are storing growing list of bitcoiners and our
10:38
transaction history puts us all at risk and I agree.
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And I think this is one of the unintended consequences of Ky C.
10:46
You C KY. I see being pushed, you know,
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tremendously and all the benefits of it.
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But the downsides of it is, never talked about is never
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talked about, right? The dangers of it, right?
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And it wasn't only that, right? Equifax had a crazy leak as
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well. And there's so many leaks that
11:03
you look throughout the last 56 years of very personal
11:06
information but every time, you know, more kyc and more am L, is
11:11
pushed by regulators and you know, Bitcoin exchanges are
11:14
forced to comply or else they're going to be Been out of
11:17
business. It's never the downsides are
11:21
never talked about, right? And downsides of that system is
11:24
never talked about one of the awesome things about Bitcoin is
11:27
anonymity. I don't need to untie.
11:28
Don't need to know someone's personal information and who
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they are. What their name is to pay them
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right if they offer me free good work right?
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You know I do this all the time, you know when I'm like hey I
11:39
need help with the thumbnail, you know, I hire random pleb, I
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pay them directly half the time. I don't even know who their name
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is who they are, but it doesn't. Matter.
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I don't need to I'm just paying them for their work, right?
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And I believe that in itself is going to connect the world.
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The likes of which we've never seen before and it's going to
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create opportunities for people in developing countries where
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they had no opportunities before, right?
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Because there was no way to pay them, right?
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You going to pay someone through PayPal and that persons in
12:06
Nigeria? No, that doesn't work, right?
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Bitcoin allows that, right? So again, I think this is just
12:12
another example of how the Oh it trying to implement the Legacy
12:16
system on top of the System has unintended consequences and it's
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actually, potentially, could put people in physical danger Opti.
12:24
What are your thoughts on this? Well, this Celsius.
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What's the guy's name? Alex, my schinsky.
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This debacle just keeps getting worse and worse.
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And I mean, dude, the fact that the court documents, just docks.
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Everyone's all their information in there and the judges like
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says like nah, this is all going in there, man.
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Absolutely Like I want to say an embarrassment but there's I
12:50
guess, you know, this is the law and this is what you got to do
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and then just just to put a little Personal Touch on it.
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There was a piano bar here and the piano player was talking
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about him being on Celsius and him getting wrecked.
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So unfortunate now that I guess all his information is out there
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and and it's just, you know, further further Testament to the
13:09
idea of Everything is like a honey pot with your information
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here and try to do your best to avoid what what, you know the
13:18
kyc, but don't break the laws or whatever.
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Not, you know, Bitcoin. Hold on, hold on, hold on
13:24
bitcoin. That you can get without signing
13:26
up is nice. Yes, I mean, like look like you
13:29
got to talk about it, right? The difference between non kyc
13:32
Bitcoin kyc become one of the best ways for non kyc, by the
13:35
way is Bitcoin mining. And if you want to know more
13:36
about it, you should have to come to the mining conference
13:38
here. But look, So think about it,
13:42
right? One of the best ways is mining
13:44
Bitcoin. Another is peer to peer
13:45
exchanges. The problem is that had that
13:47
software is usually very heavy and usually tend to pay to pay a
13:51
heavy premium, right? If you're using bisque, what a
13:54
lot of people do in developing countries and overseas, is they
13:56
have these massive telegram chats and it's all peer-to-peer.
14:00
Right? You're exchanging Bitcoin
14:01
peer-to-peer for whatever currency, they're exchanging it
14:03
for on the ground. That's usually how it works.
14:05
But It sucks because major Bitcoin businesses babe your
14:11
Bitcoin exchanges, if they don't want to be put in jail or driven
14:15
out of business, they have to implement kyc their coerced to
14:20
doing. So, to the fact that they take
14:22
this. So, seriously that they put art,
14:24
they made an example of Arthur, Hays, man.
14:26
You know, the founder of bit Max because he didn't Implement
14:29
sufficient kyc and am L, right? So it puts everything, it puts
14:34
Bitcoin exchanges in a terrible position because it's almost as
14:37
if they have to Monitor for the government.
14:38
It's like they become an extension for the government,
14:41
right? Which is terrible as well, man.
14:43
I think the, the, the important discussion right should be, is
14:48
K, what are the benefits of kyc and am L?
14:50
We had a kyc and am L expert on the show and then right we had a
14:55
he went through the data. It was like point.
14:57
One percent of criminal proceeds are recovered because of the kyc
15:01
an AML system. I would like to make the
15:04
argument that kyc and am L is really a system of control.
15:07
All right? So About controlling people.
15:09
What are the actual, you know, benefits of stopping crime,
15:12
right? What what is are we gaining more
15:15
from having these systems? Then what we're losing right?
15:18
And I think that's a really important question that your
15:20
discussion to have. And I think more people should
15:22
do research on that, and we've actually had, you know, KY caml
15:27
experts on the show and it comes from their mouths.
15:31
You know, obviously we're biased because we're bitcoiners, but it
15:33
says, like, look, this system does not work, right?
15:35
And that was the episode with dr.
15:36
Ron Paul. Not the Vision, by the way.
15:39
So yeah. Anyways Scott, what are your
15:41
thoughts on this Celsius debacle?
15:43
What are your thoughts on machine ski?
15:45
Pulling out, 10 million, 10 million dollars, two months, or
15:49
a month before the collapse out. Maybe he knew something, I don't
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know. But yeah, I know you're saying
15:58
earlier, you know, about kyc and the piano man, but it's just,
16:04
it's just awesome, you know, being here at this conference at
16:06
the mining conference We were able to spread that Bitcoin love
16:12
and we were able to actually give the the Piano, Man some
16:15
Bitcoin. It was his first Bitcoin
16:17
transaction. Unfortunately, it was on a kyc
16:20
wallet, but hey, we're getting the word out there.
16:25
Absolutely. All right.
16:27
All right. Tucson, the Spin Master X.
16:34
I think it's important, like, is people like the frame?
16:37
These conversations in ways where it's really hard to argue
16:43
against against against because it's in bad faith.
16:46
Like you know, we're talking about how kyc has no, you know,
16:50
positive impacts and is actually a detriment to everybody, you
16:54
know, having to go through it. And so, you know, I like to do
16:57
little things. I don't refer to it as non kyc,
16:59
but I refer to it as ethical Bitcoin.
17:02
I think stuff like that is important.
17:05
You want to go about things and be treated.
17:07
Unethically, or do you want to start looking at ethical ways to
17:10
operate? And it's just, it's crazy.
17:13
It's about control. It's about Like really doing you
17:18
a disservice. It's about putting you in
17:22
dangerous situations where you're at risk.
17:24
Like it happens over and over again.
17:26
Every time your information, your personal info is collected,
17:30
it's going to be leet, eventually, I mean, just little
17:32
things. Like I remember, I got a bunch
17:36
of data leak. Just by swiping a debit card at
17:39
Target. And that's pretty crazy.
17:42
You know, to think about and when you're utilizing Bitcoin,
17:45
it's It's not like that and like the big thing is like, you know,
17:50
we talk about these guys talk about self custody quite a bit.
17:53
They talk about, you know, ethical Bitcoin quite a bit.
17:57
They talk about the dangers kyc like markets are the most
18:02
powerful thing and I think people have this idea that you
18:05
need kyc. Need these institutions for the
18:08
price to pump and I know a lot of people are really worried
18:10
about that, but I don't think that's necessarily true you
18:14
know, because why is Bitcoin around it?
18:16
There's a market for it's because Fiat is failing.
18:19
People are looking to escape the soup.
18:21
Its system that as these institutions and governments,
18:26
and central banks continue to do this nonsense, people are going
18:30
to fully and that's going to pump the price, you know,
18:33
ultimately and so I don't think we have to compromise and just
18:36
accept, you know, being abused by these people.
18:39
So yeah, yeah, 100%. I think that was beautifully.
18:42
Put Tom, what are your thoughts on this Celsius debacle the
18:46
collapse of Celsius and then not only did Celsius, users get
18:50
screwed in two ways, right? They got their first there, got
18:53
their funds Frozen and that they got their information, docs and
18:56
it just came out recently this week that the CEO was pulling
19:00
out money before the freeze has happened, dude.
19:04
I think that's like triple left. Yeah, triple effed.
19:07
It sucks, man. You know, I know, I know
19:08
multiple people personally, who are affected by Celsius.
19:11
Like, I know. Fortunately wasn't, but, you
19:13
know, that kind of stuff sucks. And I think on the whole Ml K YC
19:18
kind of procon thing, like it ain't for me.
19:20
You always have to compare things in terms of trade-offs,
19:22
right? It's like, whatever the stated
19:24
Pros are we got to look at the other side and see like, okay,
19:26
well, with that comes things like this data leaks.
19:29
I mean, who knows that the countless amount of, you know,
19:32
other information that's been out there and things like that.
19:35
I got a email from, it was U-Haul, I rented like three
19:38
years ago that all my stuff got leaked because I, you know,
19:41
rented, a U-Haul and had to give him my info.
19:43
And, you know, obviously like those are hard problems to
19:45
solve, but like, I think, The one benefit if I had to frame it
19:49
this way is like, I think the markets learning, right?
19:51
And I think the only thing we can rely on is like stuff like
19:54
this continue to happen, the market will learn, you know, the
19:57
pros, the cons in the trade off. So that's one way I can look at
20:00
it and maybe put a silver lining on it.
20:02
So. Yeah.
20:03
And also, I think it gives, you know, people in developing
20:06
countries this massive, I'd, you know, Advantage because they
20:09
don't have like, you know, we use, we use regulated exchanges
20:14
in the west because out of convenience, right?
20:16
That's the The magician has a reason that people use it here,
20:19
right? And because those exchanges are
20:21
business that they want to stay in business, they're kind of
20:24
coerced into implementing these systems, right?
20:28
Whereas, in developing countries, they don't have
20:30
those, they don't have those options because the actual
20:34
rails, the things that are necessary to create those exist,
20:37
they don't exist in those countries.
20:39
So the majority of people, the vast majority of people transact
20:42
Bitcoin, peer to peer through telegram groups through WhatsApp
20:45
groups, right? That's major.
20:47
And over there in Venezuela. That's what I hear happens as
20:49
well, right? So and those those groups, like
20:52
how they gonna how they going to force them to implement these
20:55
systems of kyc and am L, right? So it's like a whole it it
20:59
doesn't make sense, man. And I think this is a really
21:02
important discussion that we need to have especially in the
21:04
west, especially in developed countries and that actually
21:07
might what to do to add, what to, what Tom was saying, that
21:10
actually might put us at a competitive disadvantage because
21:13
of all the red red tape compared to developing countries.
21:17
Is that don't even have these systems in place, right?
21:19
So I don't know, I think these are really important
21:21
conversations to have. I know for a fact, more examples
21:25
of the of, of more examples of the unintended consequences of
21:30
AML, and kyc are going to continue to pop up as years to
21:34
come. And hopefully there's enough
21:36
attention. Hopefully, there's enough
21:39
knowledge in the public which inevitably forces policymakers
21:44
to have these types of discussions.
21:46
I would love For what we just discussed to be bring up in a
21:49
senate committee. I would love for it to be on
21:51
record, right? And that needs to happen, right?
21:54
It can't just be a one way Road of kyc and am L is the end all
21:58
be all we need it or else, the world will burn down.
22:01
We also need to talk about the downsides as well.
22:03
And I think that's really important discussion to have.
22:05
Anyways, I'm really looking for the culture, we're going to have
22:08
some awesome interviews with our panelists today.
22:11
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thinking about this because I knew you're going to come on the
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show today. And you've been in the industry
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for a while. What has changed, right?
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How much bigger has it? Gotten compared to when you got
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in, what do you think the biggest differences are?
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Ya know, it's crazy. I've been in this industry for
23:37
about five years, you know. I've one thing I've seen as it's
23:42
starting to professionalize, you know, it is still the wild west
23:48
but there's there's more institutions coming.
23:52
You know, everybody says that but yeah, I think that's really
23:56
one of the big things is, there's not a whole lot of
23:59
standards in this industry and so we're kind of just winging
24:05
it, you know, by the, by the seat of our pants, a lot of
24:08
times. And so at a conference like
24:11
this, or, you know, if not like Pacific Pacific Bitcoin, it's
24:14
just opportunities to spread the word and teach people, you know,
24:19
how to do this stuff. So, so I I like it.
24:23
So you said something really interesting, right?
24:25
Which is you got into the industry five years ago, fast
24:29
forward now you're throwing mining conferences, right?
24:33
So holy crap. Did you have any experience in
24:37
the field whatsoever or you learning everything as you went?
24:41
Yeah, probably just learning as I go.
24:43
I think. Yeah.
24:45
I got into the industry in the first place because well, I used
24:49
to do the digital marketing. I Crosses one website.
24:53
That was really crappy and I said, hey, I think I can help
24:57
them. So, I reached out to them, they
24:58
happen to be an Asic minor manufacturer.
25:02
One thing led to another, I kept on helping them with other
25:04
things because of that, I learned about the Bitcoin mining
25:08
industry because they were making Bitcoin Miners.
25:12
And when Bitcoin kind of went Belly Up in 2017, 2018, I just
25:19
reinvented myself and said, hey, you know, I've learned Too much
25:22
about this industry, I don't want it to go to waste.
25:25
So when I just use my talents for for the mining industry.
25:29
So I just kind of said, all right, you know, I'm going to
25:32
buy equipment, I'm going to sell miners, I'm gonna help people to
25:37
do that, matchmaking for people, and I got good at it, you know,
25:42
kind of like Kaboom Rex over there as well.
25:45
And eventually I said, hey, you know, we need to take this one
25:50
step further. And there needed to be a
25:54
conference. So I started a conference.
25:57
I knew all the people that were buying minors, selling miners,
26:00
providing power, providing a Transformers different Services
26:04
products to the industry. So I figured hey, let's bring it
26:08
all together and I think, you know and that message is so
26:12
powerful, right? And you know, I know Tucson
26:15
before he was at Kaboom racks and Scott, we just recently met
26:18
been getting acquainted the Unity is just insane, right?
26:23
You know and the turnover right? You said five years ago, right,
26:27
for me was sick. I'm on your six for Tucson,
26:29
right? I met him when he, when he was
26:32
doing his podcast, right? The opportunity in this field is
26:35
insane. And I think that, you know, the
26:37
background right now, the live conference is a testament to how
26:40
quick things could happen in a short period of time.
26:43
This industry is full of opportunities and whether it's
26:46
at Pacific Bitcoin or the mining conference, this is the place to
26:49
be if you want to work in the industry and If you want to know
26:53
things about Bitcoin and Bitcoin mining that you didn't know
26:55
before. Anyways, I'm gonna pass it on to
26:57
Tucson. So Tucson, we were at a burger
27:00
bar yesterday, and we're eating burgers and we actually went
27:05
bowling there. That that night, I didn't know
27:07
we were going to end up there again.
27:09
And you were actually talking to me about something really
27:11
fascinating. He said, Nico the energy prices
27:14
are going to stay or they are right and for anyone doesn't
27:17
know a good Bitcoin, mining prices anywhere, ideals.
27:20
Anywhere between two to three cents.
27:22
Usually people get between five and six and hosters usually
27:25
offer between seven and eight, right?
27:27
And you say that that's going to continue to become more
27:30
expensive. Why is that is that due to
27:32
government policy? What's going on?
27:34
Because I think a lot of miners are hoping that govern that
27:37
prices are going to go back down again.
27:39
And you made the case that that isn't the case at all.
27:41
Why do you believe that? Yeah, I mean, we're watching
27:44
what's happening? I mean, there's a lot of
27:46
geologic political stuff going on right now.
27:50
There's people blowing up Pipelines.
27:52
In Europe, there's a lot of sanctions going on, there's a
27:57
lot of you know, anti oil and gas stuff.
28:00
There's a lot of deployment of unreliable energy sources for
28:05
the sake of memes or whatever like yeah.
28:10
But yeah, I mean it's a lot of stuff coming together and then
28:14
we're also in a very inflationary environment like
28:17
the dollars going away, everything price in the dollar.
28:21
I mean, There's no dollar menu at McDonald's anymore.
28:25
Look like that's, that's a good, you know, barometer for what's
28:30
going on right now. So Energy prices are going to go
28:32
up and it's gonna get harder and harder to, you know, find good
28:36
rates like two to three cents is almost non-existent.
28:39
Right now for 25 cents is almost non-existent right now.
28:42
I mean, if you're, you know, retail guy, buying 5, 10, 15
28:49
miners to host like nine, This is a good rate.
28:54
So that's what I think is going on.
28:57
I mean, it is rough out there and we're gonna see what
29:01
happens. So my pass it on to Tom Tom.
29:04
We got a chance to talk yesterday at the bowling alley
29:07
as well. And you were telling me about
29:10
your new, what you're launching. Your new site.
29:14
Hash Branch, right? Can you tell a little bit to the
29:17
people? What that is, why should they
29:19
care eccentric cetera? Absolutely.
29:21
Yeah. Yeah.
29:22
So hash branch is a listing review and Marketplace service
29:26
for North American Bitcoin, miner hosting companies.
29:29
We basically help these hosting companies that are popping up
29:33
everywhere, you know, put their name out there, put their put
29:35
their contract, their terms, like, what sort of things are
29:37
looking for? And then on, we try to find them
29:39
quality customers, right by just kind of opening it up.
29:42
And then on the other side, letting customers come to the
29:44
site, you can search sort filter and basically narrow down what
29:49
hosting options are out there. And then connect directly to So
29:52
we're kind of trying to build some of the some of the
29:55
technologies that I think are needed in the space and just
29:58
connecting people to each other and let them let them do
30:00
business and you know, letting the market kind of dictate where
30:04
terms go and where contracts go and we're prices, go and things
30:06
like that. So yeah, we launched about six
30:09
weeks ago and I've had some awesome awesome growth kind of
30:12
positively unexpected and it worried about 20 of the 50
30:16
states right now. We have you know, hosting
30:18
companies all over different sizes on Only one of the biggest
30:22
things I'm starting to learn is like, man, there's a lot of
30:24
smart people, you know, building right now, which, you know,
30:27
outside looking in. You might think, you know, all
30:29
men, Bitcoins Dead, all these things, but I just laugh because
30:32
I'm, you know, you know, busier than ever talking to some really
30:35
interesting people. Doing some really great work on
30:37
the mining side. So yeah.
30:39
So so it's interesting. So, you are building a site to
30:43
connect people to hosting companies.
30:45
How is this different than compass, for example, and what
30:48
are your thoughts on? What happened with compass?
30:51
Yeah, so The main difference I would say is that we're not
30:54
really trying to, you know, own the entire customer relationship
30:57
and make it one-sided, right? We're really trying to just
30:59
connect people in the most efficient way and build kind of
31:02
tools and services on top of that to kind of make the market
31:05
more efficient, right? So when you come to Hash Branch,
31:07
you can, you know, look at the list of the actual operators
31:10
that you're going to be working with, right?
31:11
We built in reviews so you can see what other people are
31:14
saying, you know about these services and things like that.
31:18
So we're you know we're trying to bring transparency them.
31:21
Market and just like let the, you know, let the best
31:24
competitive, you know, terms win.
31:25
And I think what's interesting is like, there's not one size
31:29
fits, all right. Like there's all sorts of
31:30
trade-offs. I mentioned that earlier that
31:32
people make and some people might be willing to pay a little
31:34
bit more for different terms, right?
31:36
And and and that's really cool to see.
31:38
So yeah, I think, you know, on the compass side and I think
31:41
there's some other players that have faced some similar issues.
31:44
It's like when your business models tied to, you know, a lot
31:47
of counterparty risk in your kind of hiding, maybe who you're
31:50
hosting with and you're maybe owning the Relationship, I think
31:53
that works in certain scenarios, but the downside is like, you
31:57
know, anything that happens on the hosting side, it kind of is
31:59
a reflection of your business because you're owning the entire
32:02
relationship. Obviously, there's different
32:03
ways to handle that, and I think people have made different
32:05
decisions, but, you know, we're not trying to kind of gobble up
32:09
the entire thing, we're trying to basically build the best way
32:11
for people to connect, and I think it's really needed
32:13
because, you know, started with hosting, but you know, I've had,
32:16
you know, meeting Alex and stuff.
32:17
Like there's tons of people in the repair side that are
32:19
interested in stuff like this. And I think, just, Opening it up
32:22
for the, for the players to communicate and transact and do
32:25
business with each other and trust each other.
32:27
Yeah, we've seen a lot of success.
32:29
So awesome. Congratulations.
32:31
Awesome. I actually checked out the site
32:33
yesterday you're showing on your phone.
32:34
It's super, super cool. And I think, I think a lot of
32:37
people are going to appreciate that.
32:39
Going to go back to Tucson Tucson.
32:42
I've known you for a long time. I've known you.
32:44
For when you started, you know, as I think it's called The Toxic
32:48
air waves and I saw you hustling, then, you know, you
32:50
landed the job. But I Kaboom racks.
32:54
I want to talk a little bit about Hope, right?
32:56
And Bitcoin and I think that's what Bitcoin really does.
32:58
It gives people hope and opportunity and eventually going
33:02
to ask this question. Scott tell me how you ended up
33:07
in the mining industry why the mining industry is this
33:09
something that you wanted to end up working before and if you can
33:12
go back in time and talk to Tucson whenever you got into
33:16
Bitcoin, what would you tell him?
33:18
What would you do differently? If I went back, I'd say, don't
33:21
shake when did that for a little bit?
33:24
Not very long. I got the use case of Bitcoin,
33:27
pretty quick, when I read the Bitcoin standard her about time
33:30
preference. But yeah, I just stumbled into
33:34
mining. I live in Arizona, could be a
33:37
ranks headquarters are in Arizona.
33:40
I was looking at working at a Bitcoin related company.
33:44
I had no experience with mining whatsoever and I've been Social
33:50
work for seven years and I just got burnt out.
33:52
I'm like, I'm not helping anybody until we fix the money
33:56
people are didn't continue to get sicker and sicker and so
33:59
it's like you know, if a bunch of people and our society are
34:02
getting poisoned, like the answer isn't to go and to the
34:08
work at hospitals to help treat people for getting poisoned is
34:11
to go figure out what the poison is and no way could hold on a
34:13
second. What do you mean poison?
34:16
Like it? Is that it so you know, I always
34:19
blame it on Fiat. Right.
34:20
Is Greg. Foster told me.
34:21
No, it was, it was, it was Tomer towards like you said that ten
34:26
times. Its, you're always blaming it on
34:27
Fiat. It is the poison due to Broken
34:30
money. Broken world.
34:32
Yeah, I mean, that's a big part of it, for sure.
34:34
I mean, it, it's, there's always going to be sick people.
34:37
There's always going to be broken families, but when you
34:39
look at people getting racked by our financial system, by the
34:43
stupids specular saving mechanisms that are not money by
34:48
being unable to build equity in their On Lies by these education
34:52
systems that, you know, are teaching people how to be, you
34:55
know, have no self-confidence and she's be, you know, low
34:59
self-worth, like all of it, coming together, most of it
35:03
being facilitated, and only existing, because of Fiat and
35:07
the ability to centrally controlled things, as a result
35:10
of that, it's a real big problem and it's only going to continue.
35:14
Like, I mean, if you look at what's happening right now, how
35:17
does this get better without going?
35:19
And fixing them up On it, does it.
35:22
But yeah. So I stumbled into Bitcoin
35:25
mining and became obsessed. You know, the work in social
35:30
work, you kind of have to be a masochist.
35:32
So I feel like I was predisposed like Bitcoin miners really
35:35
painful, the industry's wide open.
35:38
There's a lot of, you know, different opportunities and
35:40
money to be made here. I mean, you don't have to just
35:42
mine yourself. I remind myself a little bit,
35:47
but there's so much room to grow like Scott's talking about that.
35:50
Stream attorney in like we need, we need so much in this
35:56
industry. There needs to be technical
35:58
data, published their needs to be stuff like Tom's doing, which
36:01
I'm so bullish on it. Very, very happy about that.
36:04
Happy to support him as much as I can.
36:10
Yeah, I mean, it's not like, you know, if you go on bitcoin or
36:13
jobs, you're going to see all these jobs for for dabs pretty
36:18
much. And like the answer isn't
36:19
necessary. Ali, learn to code.
36:21
It's go identify, whatever the issue is, and come up with a
36:25
solution for it. Oh, that dude, that was
36:28
inspiring. I'd love that answer.
36:30
I'm going to go back. You know what it is?
36:31
Is because he has experience. He's done a podcast before he
36:35
gets it. Anyways, back to Scott, Scott
36:39
clearly successful entrepreneur, you want to add to what Tucson
36:43
was saying that message, right? And I want to make this kind of
36:46
the theme, right? This message of Hope, tremendous
36:49
opportunity in Bitcoin space in the mining space.
36:53
What are your thoughts? Yeah, no.
36:54
I think what he says, you know, it's resounding in my mind right
37:00
now, you know, the crypto currency Market.
37:05
It's obviously very well no Bitcoin Bitcoin Bitcoin is
37:09
volatile and a lot of times our emotions are tied into that, you
37:15
know, when price goes up price goes down and and you know, even
37:19
for myself If personally, I've struggled in the past with, you
37:24
know, my identity who I am and I've always tied That Into, You
37:28
know, how hard I work or how successful my company is or
37:32
isn't and, you know, so there's ups and downs.
37:35
So I hear what he's saying about, you know, the the mining
37:40
industry being difficult and also social work being
37:43
difficult. I mean geez experience there.
37:48
I think there's definitely some parallels.
37:50
Got your masochist for sure. Yeah, I live I let him bully me
37:54
all the time but but no you know I think what we're building here
37:59
is is an ecosystem to help people to be successful and and
38:04
to, you know, Wade out those those low times together.
38:10
Yeah. So, you know, we're bringing
38:11
like he said technicians together, service providers,
38:15
people have products for the mining industry and It's not
38:20
just about having fun getting together and partying but it's
38:23
about supporting each other and you know, hopefully we can
38:27
accomplish that together here. So where do you see the
38:30
industry? Five years from now, you were
38:33
talking about. There's a bunch of things that
38:35
needs to be done. Why are you saying that?
38:37
Why you saying that mining is difficult?
38:40
I want to know it, shouldn't it shouldn't be difficult.
38:43
No, one of my previous business partners.
38:47
He was very that kind of down in the dumps.
38:50
And he said, mining should be easy that this shouldn't be this
38:55
hard. Let's just plug some miners in,
38:58
you know, get rid of all the other red tape.
39:00
But it's not always not always that easy, it takes people.
39:05
You know, you can't do this by yourself, you can't be an expert
39:08
at everything, you can get good at some things, but you always
39:13
need other people to be there around you.
39:17
I can't even remember the original question.
39:19
You Ask me. No, I mean so and I think that's
39:22
one of the, you know, and I have someone in the chat, right.
39:25
That said it. He's like how can I - I think
39:27
that's one of the most perplexing things.
39:29
How would you recommend if someone wanted to get into
39:31
Bitcoin mining? How would you obviously tell
39:33
them to come to the mining conference?
39:35
But that's the cheat sheet if they're at home or perhaps, they
39:38
don't have the privilege, you know, or they're not in the
39:40
financial situation to afford a trip.
39:43
Right? How would you recommend someone
39:45
they just they want to get into mining.
39:46
Maybe they don't have a lot of money.
39:48
What would you tell them? Yeah.
39:50
Yes, there's ways to do that, you know obviously just kind of
39:53
learn a little bit about Bitcoin, learn a little bit
39:56
about the technology, maybe just just buy an old cheap minor plug
40:02
it in somewhere and figure out how it works.
40:04
You know, like how do you connect it to a pool?
40:06
How do you make sure that pool is paying out to your own
40:09
wallet? Very small steps.
40:12
It doesn't have to cost you a lot.
40:13
You don't have to go all in with a hundred thousand dollars or
40:16
something. Like day one very important.
40:20
Yeah. You know past past your
40:21
decisions by your spouse by your partner, by your friends.
40:26
You know don't try to hide stuff and and try to do it together as
40:31
a team, right? And then from there like you
40:35
said, there's online communities, there's conferences
40:38
like this. So we also do something that's
40:41
called a build in mind boot camp where it's a five-day you go on
40:47
to three hours every morning And we just learn as a community
40:52
together and ask questions with each other and go through the
40:55
process. One step at a time of everything
40:58
you need to know to get a farm up and running basically like
41:02
your first megawatt. And that's the most important
41:04
thing. You know, everybody comes in
41:06
with really big dreams and saying I'm going to build a
41:08
hundred megawatt site and you know, that that I mean that's
41:11
like hundreds of thousands of miners millions and millions of
41:15
dollars but getting your first megawatt or even just getting
41:19
your first Minor plugged in, you know, that you just got to take
41:22
baby steps. Yeah.
41:24
So let me ask you something. What are the forms of revenue
41:28
for minors, right? Because it's not only mining.
41:30
I think it's also selling machines at the right time,
41:32
buying the machines at the right time.
41:34
Yep, the definitely the timing. So if you do invest in a minor
41:41
you know, maybe when the price of Bitcoins really high and also
41:44
the price of the miners are very high, you can plug it in you,
41:48
you might make your money back over time.
41:50
I'm but it's not necessarily a less lost cause if you spent way
41:54
too much on that minor, you might be able to make a little
41:56
bit of your money back. If you sell that minor on the
42:00
secondary Market to maybe upgrade to a newer latest
42:04
greatest mining machine. But yeah, like they're saying
42:08
there's a lot of different things in this industry that
42:12
people can make money with and it's just a matter of figuring
42:16
it out there. There's a lot of opportunity out
42:18
there right now. So I'm going to ask this
42:21
question to the entire panel and feel free to pick up the
42:23
microphone if you want to answer.
42:25
How has it changed since the China banned?
42:28
Obviously we know for a fact that you know a tremendous
42:31
amount of miners moved from China.
42:33
They distributed all over the world but we know that a lot of
42:37
them ended up in North America, right?
42:39
How has the landscape changed? Is it more hopeful do you fear
42:42
about, you know, over concentration of the mining hash
42:45
rate in the United States? What your guys thoughts?
42:49
Yeah, I mean I think the obvious one is like you said, you know,
42:52
North America is kind of gobbled up a lot of the hash rate and
42:54
we're kind of at, you know, crazy all time times at all-time
42:57
highs in terms of global ashrae, which I think is awesome.
43:00
I think there's again there's trade-offs.
43:03
I think like, what we learned was that again you know, the
43:05
market found out that certain you know certain geographies
43:10
certain political systems probably aren't going to be you
43:12
know, great long-term you might get you know, darn near free
43:15
electricity. But you're you know, the risk is
43:17
that overnight, they shut you off.
43:19
Where I think. Absolutely.
43:22
You don't want to have a concentration one geography, but
43:24
I think one of the great things about, you know, at least the US
43:26
is that we're pretty federalized.
43:29
We have a lot of different states doing different things,
43:31
different policies here and there so you know what?
43:33
One state decides that doesn't really matter in most other
43:36
states? I mean, everyone kind of can
43:38
make their own decisions and I think the cool thing I've seen
43:40
is it's like it's kind of been Bottoms Up, right?
43:42
It's been very organic people on the ground saying, hey, I can
43:46
plug in an Asic here. Hey, I can, you know, I can grab
43:48
some power. Here, I think that like over the
43:51
long term is going to be the best way to strengthen the
43:53
network is, you know, Bottoms Up distributed and I think the u.s.
43:56
is kind of Paving the way for that.
43:58
Yeah, absolutely. So gonna have someone and
44:02
actually want to get Scott's thoughts and opinions on this
44:05
and it was Denver Bitcoin. He said he claimed that
44:08
immersion was over. And someone said, you know, this
44:12
is one of the comments from Sean says the machines are allowed
44:14
space. Heaters you want space that will
44:16
allow us. Don't even think about it in an
44:18
apartment. Immersion is an option.
44:21
But costly, what do you think about mining Bitcoin emerging
44:24
for anyone? That doesn't know right?
44:25
Usually, there's air flow rights fans that control the heat.
44:29
But you could also dumped them in the form of liquid.
44:31
I think it's like mineral oil or something.
44:33
Yeah, a dielectric fluid. Yeah.
44:35
So, that's really one of the biggest barriers to entry, as
44:40
maybe a home minor, with, with mining Bitcoin, they use very
44:46
heat intensive, energy, energy, and Intensive machines, and
44:51
they're very loud, very hot. So if you can get over that
44:58
barrier, it's a great thing. So some things that people are
45:03
talking about here at the conference there's exhibitors
45:06
and and speakers specifically talking about maybe how to reuse
45:11
that heat to heat your home and then also how to mitigate the
45:17
problem of the noise and Immersion is definitely one of
45:20
those things to look into for that especially if people are
45:24
going to be wanting to mine residentially or in an apartment
45:30
or in, you know, in your basement taking away the noise
45:34
and finding a way to dissipate that heat using liquid cooling,
45:40
it definitely makes sense. But like you said, it is costly
45:44
and it but in the last few years, I've seen those prices
45:47
come down. So you know, yeah you can buy a
45:51
simple rack and a power cord and plug your minor in and I can run
45:55
off air. But there's there's Associated
45:59
issues that come with that like your, your wife gets really mad
46:03
or your house gets we do idea. So, yeah, the price is coming
46:09
down though. People are figuring out the
46:12
technology in order to make that cheaper and make it better make
46:16
it more efficient and and yes some of the actual Features
46:19
here, like bit Main mikrobitti and and Canaan.
46:25
They're all kind of secretly working on on things in the
46:27
background that I think we're going to see very soon that will
46:29
make it easier. But, yeah, I think just walking
46:33
around this expo hall this week. You get some really great ideas
46:40
on that. Absolutely, you know, and I can
46:43
attest to that 100% unique. Oh, excuse me, I want to ask
46:48
you. Sonic question because I saw
46:52
your, I saw your talk yesterday and I thought it was very
46:54
interesting at the end when you were telling everyone what your
46:57
favorite Asic was. So maybe could you rehash what
47:00
you were saying on your favorite a sick or maybe just the idea of
47:07
excuse me. Guys of more hash may like more
47:10
hash power per Terror. Hash / you know the higher the
47:14
hash power coming out the A6, may not be the best move for
47:16
most people. Yeah, yeah, for sure.
47:20
I mean there's trade-offs for everything.
47:22
So I think everybody wants to sell their product.
47:26
I want to sell product, I sell Bitcoin miners, but Yeah, I
47:32
mean, okay, I want to I want to talk real quick.
47:34
I'll get to that but okay, so what Denver is referring to?
47:38
So I don't know if you can see it behind us but bit main has a
47:41
water-cooled product. What's minor has a water cool
47:44
product. Here, liquid, cooling is better
47:47
than air cooling air: presents problems.
47:49
It's just not as efficient as liquid cooling, and so that I
47:52
think that's what he's referring to, but immersion is not going
47:56
anywhere in the near future because there's are called
48:00
machines that can be converted. Did and profitably mind an
48:03
immersion, they kind of go back to your your question Opti or
48:08
Optimist. Yeah.
48:11
I mean my favorite Asic is the one that works for my situation.
48:15
It's one that I can get for a good price.
48:17
Oftentimes the brand new unit is going to be way more expensive
48:22
than an older unit. Might not make sense to buy it
48:25
just because it's that brand new thing.
48:27
Like as miners I think it's important to think about ending
48:31
up With more Bitcoin. Especially if you're looking to
48:34
mine it home and oftentimes it doesn't make sense to my home.
48:38
Oftentimes it just doesn't make sense to mind in general.
48:42
I mean if you have higher power rates is exclusive and you know,
48:47
the goal is you want to price the machine and sads estimate
48:51
your revenue and sad sand and ensure that you have more
48:55
Bitcoin in the long run. But yeah, there's a bunch of
48:58
different manufacturers. I think it's important to get
49:00
one that has Has been out for a little bit.
49:04
You know, if you go and you buy first production runs, it's more
49:06
likely to have issues. So is this if Denver Bitcoin was
49:11
looking at you? What would you say to this?
49:13
And he says, for audio listeners, I'm telling you.
49:16
I'm telling ya water. Cool going to make immersion
49:19
just impractical immersion. Might survive the decade, but it
49:21
won't drive into the future. And you any any thoughts about
49:24
that Scott? It really depends.
49:27
If the manufacturers start making these things from the
49:30
very beginning designed specifically for that, you know,
49:35
right now, everything's being retrofitted.
49:38
So yeah, I think it could go either way.
49:41
I'm not sure how well the manufacturers are actually
49:46
listening to their customers. But but yeah, we'll see, we will
49:52
see. We will see you heard that
49:54
Denver Tucson. I see you.
49:55
Of the micro. What do you want to say?
49:57
Yeah, I mean why are minors doing this miners?
50:00
Do all sorts of queer, crazy people.
50:02
We want to do things and all sorts of different weird unique
50:05
ways, we have diverse use cases for mining, the manufacturers,
50:10
make things, you know, specific way.
50:12
I think water cooling makes a lot of sense and I'm very
50:15
excited that this is being rolled out.
50:17
I think there's massive benefits to it, but being miners, we're
50:22
going to still want to do weird things.
50:24
So, yeah, I mean, I I think it's fair but you know, water cooling
50:27
provides its own set of headaches and issues.
50:30
You know. You need really.
50:31
You hear that Denver Tucson want to meet you outside.
50:34
All right guys. Yeah.
50:35
And and it does need to be said. That water.
50:38
Cooling is different from liquid immersion.
50:42
So yeah, there's a whole other topic though.
50:45
Yeah, I think like it'll just be, you know, different
50:48
different Technologies applied in different situations, right?
50:50
It's just going to be, you know, more Innovation is going to be a
50:53
mixed bag of what people want to use where they want to use it.
50:55
They can get it, you know, where they can deploy it mean, I think
50:58
the more the better so just like energy generation, right?
51:00
There's not going to be one size fits all so and I just wanted to
51:04
add to Scotts point, right? Immersion is when you actually
51:06
dip the chips into a liquid water, cooling is when you use
51:10
the water on the outside of the chip to cool it down and air
51:13
cooling is when you use are obviously.
51:15
But anyways guys this time for the movie.
51:17
Let's check it out. Yeah.
51:21
The daily meme review, brought to you by Cipher safe, don't be
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Safe dot IO. All right guys y'all You know
51:51
the meme of the meme review. Tweets are the bullets and memes
51:55
are the artillery out there and it's information War.
51:58
You guys are on the front lines, continue to meme, people
52:01
continue to get the cause of actions continue to make the
52:03
funnies because we need to spread this information.
52:07
This first one, I don't think Stefan the bear was the first
52:10
one, but this is the first one I saw this morning.
52:12
It's a little Savage for those people that got caught up in
52:15
this mess, but it's a flag that says, Mark says, from Celsius
52:19
doxing today, Day. So guys, you know, we don't want
52:23
to jump on people's pain. You know.
52:25
We don't want to kick a dead horse, but this is why we tell
52:27
you guys to take self custody and do not Chase yield on these
52:31
very scammy yield providing platform anyway.
52:34
This next one on, one of our news yesterday, we covered the
52:38
EU banning all Russian, quote unquote, crypto asset wallets
52:42
and then we got this meme. I'm pretty sure this one's an
52:46
old one that's been rehashed but you had to put them out.
52:50
You got to pull out those I mean from your very deep folder
52:53
history in your phone and it goes the EU, how to stop Bitcoin
52:57
and an orange little bit coin, you can't laughing my ass off.
53:00
This next one, we're going to continue to double down on this
53:03
idea because it seems like the world is exploding around us.
53:07
Dylan Leclair with the standard MPC party meme.
53:11
They don't know the sovereign debt.
53:13
Bubble is bursting. Yes, it seems like the world is
53:16
unraveling by the seams as we speak.
53:18
This next one is my lightning Ventures.
53:21
And I'm a fan of lightning and it's way better than zap, a
53:24
pallet read Mo, but this is the same boat just blows, you know,
53:29
butter and he's the lightning Network and this is where we are
53:32
in the story. We're just looking back at
53:34
everyone else and we have the best tools.
53:36
So this next one is a continuation on all the things.
53:40
We tell you guys stay humble Stacks ads.
53:43
Very psychedelic Bitcoins dollars with Easter Island,
53:48
having laser eyes, so amazing. Amazing.
53:50
Next one, this one doesn't get me in trouble, but I think the
53:54
good message this from Roth miss you guys Banks and sure we stay
53:58
in debt, big Pharma ensures, we stay sick weapons manufacturers
54:02
and sure we stay at will or Legacy Media ensures.
54:06
We stay ignorant, government sure's, it's all legal and
54:09
voting ensures. It will only vote.
54:12
That matters is opted Bitcoin with your money and your feet.
54:17
Bitcoin allows, both of those guys, we need to continue to
54:19
spread the signal And then this last one just to wrap it all up.
54:24
This is my Norman remmaneh goes. Apparently I'm in a Bitcoin cult
54:27
so get in loser. The Bitcoin coal is better than
54:30
the Fiat cult. Yes you guys.
54:32
All you feel like Max he's out there are in a cult as well and
54:36
the Bitcoin Cole is a lot better.
54:39
You can't convince me. Otherwise anyways my mean review
54:42
score today is my my empty Kaboom racks coffee.
54:47
It's only my second one. That's the score.
54:49
I think I gave it yesterday but this is Second coffee today, not
54:53
second coffee in general such as coffee today.
54:57
But Kaboom X, Kaboom Rex. I'm gonna give it this mining
55:02
conference VIP Scott. Do you have your medallion Scott
55:07
has every ribbon put on his all of the flare, all the flare.
55:12
So I'm going to give it the VIP ribbon.
55:15
And oh I give these memes one free drink to the Friday.
55:21
Wrap party later tonight Scott has a money printer and when I
55:25
mean that he has he has all the free drink tickets.
55:29
He's like the Federal Reserve but of tickets to huh.
55:34
That's my my God. Okay there we go.
55:35
I heard that Scott's going to be leading karaoke later tonight.
55:38
Yep I heard that. Yeah.
55:40
Or was that the more highly educated?
55:45
Did Scott Oxford. Oh, God Oxford.
55:50
I know that I feel, you know, kind of ashamed right now
55:54
because the the score I'm going to give, I don't have it in
55:58
hand, but there's these wonderful Scott offered stickers
56:02
floating around. I'm going to give it a Scott
56:04
offered sticker. Those are some pretty good M on
56:06
Scott offered sticker. I'm going to try to pull up.
56:08
I don't know what you're talking about.
56:09
I think I have one in my backpack, over here, I can pull
56:12
out the little one. I got it.
56:21
I got it. I got it.
56:23
I'm going to pull it up. I got you guys.
56:28
That's not the one with me in the space suit though.
56:31
Oh it's a new one. All right, opt he's taking too
56:36
much time, Tom. Well, Opti finds it.
56:40
Can't find it. Yeah, there it is.
56:46
Okay. Wow.
56:49
All right. I'll give it a secret.
56:51
Kaboom rack her I found on my back after bowling last night
56:55
after hanging out with this guy all night, but it on there for
56:58
good luck. Yeah, he put stickers
57:00
everywhere. Kaboom anyways, guys, we want to
57:03
know if you agree with our scores, you disagree, let us
57:07
know down in the comment section.
57:09
Of course, make sure to sit join simply Bitcoins telegram group.
57:11
That's where you get a link of Bitcoin memes review.
57:13
You gotta go to www.ah.mil me / the simply Bitcoin Channel. 600
57:19
people in there already. You could join the party is
57:21
going to be awesome and check out Simply Bitcoin, unfiltered.
57:24
It is the written version of this show.
57:27
It's www.simpleandsensational.com
57:30
news. Anyways, Opti think we're
57:33
running out of time today. Let's wrap it up, brother.
57:35
I want to give a shout-out to our clothing sponsor, guys.
57:40
Check out represent LTD.com Opti and I wear the merch every
57:44
single day is decentralized. Merch shop T.
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Get up and show the back bro. This is the best Peaceful Bell.
57:48
My God what? I am I'm a peace of mind over
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here model it, bro, model it. See that there's the angel, the
57:54
Bitcoin Angel, only on representing t.com, you can take
57:58
advantage of the promo code down below to get 10% off represent.
58:02
LTD dies. We do have some meme scores in
58:04
here. Nico, yeah, yeah.
58:05
I'm gonna get to that. I'm gonna get to that when I get
58:07
to that. All right, let's see what
58:08
everybody's saying. All right Opti.
58:10
Pull them up and I will read them.
58:14
Alright, alright, let's see, X demos, extend, most gives the
58:18
memes a Pacific Bitcoin ticket, very nice.
58:20
Very nice beaches you pins. I give the memes a piñata full
58:25
of scorpions. I don't know if I can pull this
58:28
one up on YouTube for Unique. Oh, that might get us in
58:31
trouble. Not definitely, not that one.
58:34
Mr. Robot rate. Those one dancing.
58:35
Niko. When he pulls multiple strikes,
58:37
that's right. I was getting excited.
58:40
Bowling those strikes. And his next one is I give those
58:43
memes, simply Bitcoin panel, high-five.
58:45
Let's go guys. Do it.
58:47
Thanks to you genus, the genus we will Scott, you're leaving me
58:51
hanging his hat. Oh yeah.
58:54
And Okay and also we're going to Diaw Janice is new.
59:01
Intro is going to be introduced on Mondays.
59:02
I'm really excited for that. I give them my tequila
59:05
scintilla. Tequila cool.
59:07
Desu. NE we don't approve of that.
59:08
That might ruin the minor Clash, Five Guys.
59:13
Hi Five the astrology matches up all right planet Earth.
59:17
Give those memes some Friday night bubs bubs and last but not
59:23
least, that's it. All right, we're balanced.
59:25
That's the one. Anwar.
59:26
There is one more alright hottel coins as they give those memes
59:31
weapons of mass destruction sponsored by the FED very, very
59:34
powerful. Alright guys, that was our show.
59:36
That was the simply Bitcoin Friday, special live from the
59:40
mining conference. We're going to continue the show
59:43
exclusively on Twitter spaces. I'm going to make laps around
59:47
the conference while Opti hodza huddle.
59:50
Is it down. Holds it down a little, little
59:52
slip there bottle. Is it down, and I'm going to try
59:55
to get people. So from bit main from what's
59:57
minor from Luxor and we're going to get their thoughts opinions
1:00:01
and it should be a lot of fun. So definitely if you're watching
1:00:04
the live stream, go on Twitter tune into the simply Bitcoin
1:00:07
space is that were co-hosting with Swan Bitcoin.
1:00:10
Check it out. You're not gonna want to miss
1:00:11
it. All right.
1:00:12
Love you all. Don't forget to like subscribe.
1:00:14
Share the video, that's what YouTube likes the most and we
1:00:17
will see you on Monday. We're taking Saturday off
1:00:18
because Niko's about to spontaneously exploded
1:00:21
traveling. And we'll see you on Monday for
1:00:23
a brand new episode of Simply Bitcoin.