Alex Busarov joins me to discuss the history of Bitcoin mining, the importance of decentralizing mining, electricity consumption, how the “HeatBit” will impact society’s understanding of Bitcoin, and the future of Bitcoin mining. Alex Busarov is an entrepreneur and the founder of HeatBit.
// GUEST //
HeatBit: https://heatbit.com/
LinkedIn: https://www.linkedin.com/in/alexanderbusarov/
// SPONSORS //
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Swan Bitcoin: https://www.swanbitcoin.com/breedlove22/
// EVENTS I WILL BE ATTENDING //
Bitcoin 2024: the World’s Largest Bitcoin Conference (use discount code BREEDLOVE): https://b.tc/conference
Pacific Bitcoin 2024 (use discount code BREEDLOVE): https://www.pacificbitcoin.com/
// PRODUCTS I ENDORSE //
Protect your mobile phone from SIM swap attacks: https://www.efani.com/breedlove
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The Bitcoin Advisor: https://content.thebitcoinadviser.com/breedlove
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// OUTLINE //
0:00 - WiM Intro
2:39 - Helping Lightning Startups with In Wolf's Clothing
3:30 - History of Bitcoin Mining
10:56 - Incentives Pushing to Decentralized Mining
20:48 - The Farm at Okefenokee
22:12 - Heart and Soil Supplements
23:15 - The Benefits of Decentralizing Mining
27:54 - Efficiency of HeatBit
30:56 - Electricity Consumption of Mining, Heating, and AC
37:41 - Swan Bitcoin: Set up Instant and Recurring Bitcoin Buys
38:38 - Bitcoin 2024: The Largest Bitcoin and Fintech Conference in the World
39:44 - Impact on Mining Industry
42:34 - Impact on Society’s Understanding of Bitcoin
49:19 - Residential vs Commercial Mining
51:23 - Future of Bitcoin Mining
55:05 - Where to Find Alex Busarov
// PODCAST //
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