Manage episode 513075609 series 3609787
We're reporting live from the North American Blockchain Summit in Dallas, Texas, where roughly 30% of the world's Bitcoin hashrate is decided. The shocking reality? Bitcoin miners don't care about Core v30 or technical debates. They care about electrons, steel, aluminum, and profit. We break down how Foundry became the largest pool with 0% fees, why miners prefer FPPS revenue certainty over block variance, and the massive disconnect between Bitcoin's technical community and the mining industry.
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Notes:
• Foundry controls ~30% of Bitcoin's hashrate
• Mining pools dropped fees from 2% to near 0%
• FPPS model is “addicting” for miners
• Texas becoming finance capital with new exchange
• Most miners don't know their pool's Core version
• Future fee markets could disrupt pool dominance
Timestamps:
00:00 Start
00:28 NABS vibes
01:41 Miners don't care about Core V30
03:48 Miners care about profitability
04:44 Pools
08:59 Predictable revenue
13:10 Miner incentives
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147 episodes