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

The Bitcoin Infinity Show - A podcast by Knut Svanholm and Luke de Wolf

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/0dannboyConnect with HashX on Twitter: https://twitter.com/hashX_mining00:00:00 - Intro00:02:28 - Welcoming Daniel Leslie00:06:53 - HashX projects in Australia00:09:40 - Cooperation, positivity and toxicity in the Bitcoin Community00:14:09 - The Mysticality of Proof of Work00:16:53 - Bitcoin and the Perfect Form of Energy00:21:11 - Incentive Systems and Capitalism00:23:37 - Bitcon Mining 10100:28:47 - The Trap of Centralization00:31:14 - The necessity of DIfficulty Adjustment00:37:38 - Bitcoin Encoding Energy and Reverse Hacking00:43:36 - The Game of Bitcoin00:48:58 - Bitcoin as a Communication System00:52:43 - Property Rights00:56:57 - The Prospect of Violence in a Hyperbitcoinized World01:05:33 - Investing in Bitcoin Mining01:08:53 - A true Konsensus Mechanism01:14:19 - The future of the Blockchain and Bitcoin Mining01:30:23 - Materialism, High-Time Preference and Hyperinflation01:38:51 - Living the meme and the power of the Bear Market01:41:24 - Bitcoin as the Tower of Babel01:44:17 - Where to find DanielThe 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/orangepillappThe 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/FootprintShowhttps://twitter.com/knutsvanholmhttps://twitter.com/BtcPseudoFinnhttps://twitter.com/KonsensusNVisit our websites for more info:https://konsensus.network/https://bitcoinbook.shop/https://www.knutsvanholm.com/