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Mining the Ocean: The Future of Bitcoin Mining with Bitcoin Mechanic - FFS #80
Manage episode 394029194 series 3490951
Content provided by Knut Svanholm and Luke de Wolf, Knut Svanholm, and Luke de Wolf. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Knut Svanholm and Luke de Wolf, Knut Svanholm, and Luke de Wolf or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this episode we're joined by Bitcoin Mechanic to talk about how Ocean Mining is revolutionizing the Bitcoin mining pool concept while fighting malicious attacks on Bitcoin through ordinal and inscription spam.
Key Points Discussed:
🔹 Overview of Ocean Mining Pool's mission
🔹 The growing concern of spam on Bitcoin
🔹 Ethical considerations in Bitcoin mining
What You Will Discover:
🔹 How Ocean Mining is defending Bitcoin from malicious attacks
🔹 Mechanic's insights on mining dynamics
🔹 Future directions for ethical and effective Bitcoin mining practices
Connect with Bitcoin Mechanic and Ocean Mining:
https://twitter.com/GrassFedBitcoin
https://ocean.xyz/
Connect with Us:
https://www.freedomfootprintshow.com/
https://twitter.com/FootprintShow
https://twitter.com/knutsvanholm
https://twitter.com/BtcPseudoFinn
Thanks to our sponsors - check out there websites for info:
AmberApp: https://amber.app/
Wasabi Wallet: https://wasabiwallet.io/
Geyser: https://geyser.fund/
Support the Show:
If you value what we do here at the Freedom Footprint Show, consider sending us some value back. You can send us a boost or stream us some sats on Fountain. Check out https://www.fountain.fm/
You can support us directly with Bitcoin on Geyser Fund: https://geyser.fund/project/freedom/
Your engagement helps us keep bringing you the content that empowers and educates on bitcoin and freedom. Let's head towards the orange glowing light together!
Chapters:
0:00 Intro
01:39 Miner Competition Incentives
18:44 FPPS and Mining Pool Payouts
25:13 Being Talked About
28:19 Risk of Mining Centralization
36:13 Wasabi and Censorship
40:05 Ocean and Bitcoin Spam
47:44 The Risk from Ordinals and Inscriptions
58:56 Owning Stars
01:05:21 Satoshis Don't Exist
01:07:51 Scarcity of Block Space
01:12:33 The Attack on Bitcoin
01:16:31 Bitcoin Mechanic's Freedom Footprint
01:23:35 The Ocean Launch
01:25:48 Ocean.xyz
01:40:02 Wrapping Up
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.
Join us as we head toward the orange glowing light together!
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