GreginLapwai

Pleb Miner Monthly  Episode 11 Show Notes   Intro Music: Frank Carter & The Rattlesnakes – I Hate You    Our hatred for globalist, big pharma, big banks, the illuminati elite, a myriad of oppressive taxes, the Federal reserve, “trusting the experts”, and those just “doin muh job” drive us to Bitcoin and self-sovereignty. What's your motivation?   Statistics brought to you by Lincoin Mining.  Lincoin is so much more that a place to point your hash. Lincoin is a pool, an ASIC management hub, and energy trading platform.    Medi, thank you for keeping this show going.    Global Hashrate - 30 day MA - 443 EH/s  Hash Value - 210,000 sats per/PH/day  Network Difficulty - 61.03 Trillion Tx/Block Reward - 4.6 % - 1.2%.   New Miner Efficiency and cost to mine breakdown – 20 J/TH is the new 30 J/TH The S19K Pro is looking to be a decent value.   5 things that grind Boty’s gears: 5. Cats. 4. Spiral Staircases. 3. People who dress up their cats. 2. People who take pictures of their food. 1.  The Global Elite who manipulate the levers of power, engineer economic crises, wage wars for profit, intentionally engineering pandemics, and manipulate the media all to usher in a  World Order, a world without borders, without freedom, without natural law. I for one say no! I will not kneel for these tyrants! I yearn to live free! Free in a world where my robot wife and robot children are able to live on a homestead and raise chickens and cows, grow beets, and build a hydro powered Bitcoin mine!   Bitesize Bitcoin  Sponsored by Ungovernable Misfits' Art Art is available for purchase on UM, stop by and buy a fine print and add some class to your mine, you damn luddite.    We recently conducted a Twitter spaces on heat capture. Many of the Mining Mafia stopped by the share their experiences in home and small-scale mining heat capture. Listen here   Links of note from the spaces:   Rick home heating paper https://www.cryptocloaks.com/download/44528/?tmstv=1697735162&version=v3   Norsk Bitcoin Paper on Ungovernable Misfits   Home Bitcoin Immersion Mining   Altair's Chimney   Action News  Brought to you by… You! The Ungovernable Misfits and The Pleb Miner Mafia! From Max, Crown, and Jon, thank you for your continued support of BitBuyBit, Bitcoin Monthly, Pleb Miner Monthly, and UngovernableMisfits.com   Bassload update  SF Tweet Update on MDK  Pleb Miner in the Wild will be delayed a bit this go around. If you’re itching to listen to Wild Pleb Miners ramble on about what’s important to them, check out the previous Pleb Miner in the Wild episodes or listen to the spaces we conducted recently.   Show Sponsor – Foundation Devices Foundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty. As a sovereign computing company, Foundation is the antithesis of today’s tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can’t be evil,”  Thank you Foundation Devices for sponsoring the show.  Use code UNGOVERNABLE at check out for 3 months free VPN usage and to let foundation know we are shilling hard.   Show Sponsor: sx6.store SECURE YOUR BITCOIN IN MARINE GRADE, 316L STAINLESS STEEL! Use code: UNGOVERNABLE   Show Sponsor: Ronindojo Want the best open source node in the world? Here’s some money off and you can help support the show at the same time. Use code: UNGOVERNABLE

Pleb Miner in the Wild Travis Bitckle   Listen you fuckers, you screw heads, here is a man who would not take it anymore. A man who stood up against the central bankers, the cunts, the dogs of war, the filth that is the global elite, the shit who devalue our currency, and steal the fruits of our labor. Here is someone who stood up and took Bitcoin Mining into his own hands. Here is, Travis Bitckle, Pleb Miner in the Wild.   Travis is a Pleb Miner extraordinaire, a mad scientist tinkerer and a hell of a nice guy. He has built many iterations of home mining setups. His most common build is an AC Infinity fan cooled miner, coupled to the rig via a Fruits and Associates Fan Shroud and a Njord Board from Pivotal Pleb Tech. (If you’d like to hear the story of Zack Bomsta and the Njord Board check out Zack’s Pleb Miner in the Wild interview)   Travis’ newest build is a single board, 120v build, with a custom housing, fan design, and the use of Zack Bomsta’s Loki Kit.   Travis wrote an article detailing the custom build. It can be viewed on our website. Travis’ 120V miner build on Ungovernable Misfits.   Travis and Jon take the conversation is a few different directions, from automotive topics, specifically related to Volkswagen (VW) Diesel engines, turbocharging, and the use of vegetable oil as dual fuel. Here’s some more information on alternative fuel diesel engines from US Filter Maxx. They also discuss alternative sources of energy for Bitcoin mining like bio digesters and what the University of Wisconsin is doing in that area.   They discuss their early political leanings, ranging from anarchy/punk to more conservative ideologies, neo-conservatism, and libertarianism.    The conversation ends with a quote from Mr. Rogers about the importance of those who have cared for and shaped us throughout our lives. Travis wanted to share a special thanks to his wife, mother of his children, washer of his underwear, and the one who has loved him into the successful person and pleb miner he is today. Thanks Travis’ wife and thank you to all our loved ones who suffer through our Bitcoin mania. We love you all.   “All of us have special ones that have loved us into being, would you just take along with me, ten seconds to think of the people who have helped you become who you are” “those who have cared about you and wanted what was best for you in life” – Fred Rogers (Mr. Rogers).   Show Sponsor - Foundation Devices   Foundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty. As a sovereign computing company, Foundation is the antithesis of today’s tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can’t be evil,”    Thank you Foundation Devices for sponsoring the show.  Use code BITBUYBIT at check out for $10 off your purchase.   https://foundationdevices.com   Show Sponsor: sx6.store   SECURE YOUR BITCOIN IN MARINE GRADE, 316L STAINLESS STEEL!      Show Sponsor: Ronindojo   Want the best open source node in the world?   Here’s some money off and you can help support the show at the same time.   Use code: Ungovernable   https://shop.ronindojo.io/?coupon=ungovernable     As always please feel free to reach out and ask me any questions.

Today we’re going to dive into the electrifying world of finance and economics in "The Dollar Endgame: Financial Gravity and the Fed's Dilemma" with Peruvian Bull as we explore the inevitable negative feedback loops of Keynesian economics, Modern Monetary Theory, the Triffin Dilemma, the deindustrialization of America and how the Federal Reserve stole the American Dream. Peruvian Bull is a Peruvian-American scholar, researcher, and educator hailing from the Pacific Northwest. Born and raised in Seattle, he attended a local university where he graduated Magna Cum Laude with degrees in Finance, Economics, and Entrepreneurship. He has studied also in South America and plans to complete a Master’s degree at the London School of Economics. He currently works at a private equity fintech firm as an analyst and advisor for financial services. Join us as we discuss the sword of Damocles hanging over the Treasury and unravel the mysteries of the Federal Reserve's event horizon with Peruivan Bull. This episode is brought to you by River. With 100% full reserve custody and zero fees on recurring orders, River allows you to buy and mine Bitcoin with ease. Plus, River offers unparalleled service and functionality, including tax optimization, entity accounts, inheritance planning and instant buy volume.  Use this link (River) to get started and get $5 in BTC when you buy Bitcoin at River. For the ultimate in Bitcoin security and design, check out the COLDCARD hardware wallet from Coinkite. With built-in sleep-at-night technology, it's the only dedicated air-gapped, ultra-secure hardware wallet for Bitcoin.  Coinkite is a leader in security and hardware manufacturer, est. block 141,000. Maker of some of the most iconic Bitcoin products, such as OPENDIME, COLDCARD, BLOCKCLOCK, SATSCARD, TAPSIGNER and SATSCHIP. For a discount use this link: CoinKite Follow Peruvian Bull on Twitter: @Peruvian_Bull Follow Cedric Youngelman on Twitter: @CedYoungelman Follow the Bitcoin Matrix Podcast on Twitter: @_BitcoinMatrix

DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE This free, 27-page resource includes:Six ways ANY business can benefit from BitcoinSome of the best Bitcoin-only businesses to partner withKey Bitcoin concepts for people getting startedMorgen Rochard, CFA, CFP®, RLP® is the owner and lead financial planner of her fee-only, registered investment advisory firm, Origin Wealth Advisers LLC. She is also a financial consultant at her firm Money Owners LLC, author of the Personal Finance Quickstart Guide, and co-host of the "Bitcoin for Advisors" podcast. Morgen has been advising and educating clients about Bitcoin since 2016. CONNECT WITH MORGEN@MorgenRochard on Twitter Morgen's Website CONNECT WITH JOSH@joshuafriedeman on Twitter @joshuafriedeman on LinkedIn @joshuafriedeman on VIDA @joshuafriedeman on Youtube COMMUNITY Connect with the Bakersfield Bitcoin Meetup on Twitter @BakoBitcoinFind a local Bitcoin Meetup near you with Oshi! SHOW PARTNERSMentioned in this episode:Fountain App | Earn bitcoin for listening to podcastsVelas Commerce: Biz Tech Meets BitcoinDOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDEInvest in Bitcoin Companies w/Lightning VenturesLyncster: Secure Your Future with Bitcoin

Pleb Miner Monthly Episode 8   Just like Marionettes, Max and Jon Swing to the Symphony… of the NPC nightmare we’re currently living in, yes yes yes, Bitcoin so good.   The phenomenon is called NPC streaming. A nym named “X-Nardo” (@PepenardoStudio) describes it as a “digital landscape where individuals transform into virtual marionettes, controlled by the whims of their audience” kind of like when people put absurd messages in FountainFM Boosts and force Max and Jon to scream “Baaaaaaarrrnnnnminer” and such (It’s okay, we like it, yes yes yes, Boosts so good).   Statistics are brought to you by Lincoin Mining and their suite of products. Medi and the Lincoin Mining Team crushed it at Mining Disrupt, faces were melted, Boty is pleased. 5 EH/s SOON.    BOTY joke What did the shovel say to his friend on the beach? Are you okay? You're looking a bit pail.   Bitesize Bitcoin is brought to you by Peach Bitcoin Peach Bitcoin is a peer-to-peer (P2P), Pleb 2 Pleb exchange platform that allows users to buy and sell Bitcoin directly with each other.  When you sell Bitcoin on Peach, you're giving other Plebs the opportunity to get their hands on bona fide bitcoin, not a KYC’ed IOU from an exchange.   The 8 Forms of Capital are Social, Material, Financial, Living, Cultural, Experiential, Intellectual, and perhaps most importantly, Spiritual Capital. These are not just principles that apply to permaculture, homesteading, or permaculture design, but can be applied to any endeavor, such as mining.    This concept was brought to the Meshtadel group by Karl. Please zap Karl on NOSTR if you get a chance for all his incredible content. We will post his npub on Twitter or the Meshtadel nostr.   ACTION NEWS! is brought to you by the Lake Satoshi Bitcoin Beach Retreat  You can see the grassroots expression of Bitcoin freedom on display in a wide variety of mediums.  From point-of-sale systems to miner de-hydrators.  You will hear from El Salvadoran Plebs as they exclaim the freedom, hope and opportunity Bitcoin is providing the people of that nation. The event is about supporting projects like Bitcoin Beach and Hope House Casa Esperanza where they empower young leaders using education and technology, recreation, spirituality, and community support. As well as Mi Primer Bitcoin where they teach El Salvadorans impartial Bitcoin fundamentals. Attend the event and submit a silent auction bid on an S19 J Pro 96T, donated by Kaboomracks Alex and equipped with Nakamoto Mining fan shrouds, Pivotal Pleb Tech Njord Board, and an AC Infinity Cloudline fan. Proceeds go to support the El Salvador projects.   In this installment of ACTION NEWS we cover:  Nico Smid’s H1 of 2023 mining update. Nico Smid’s sub stack  Energy Market Update by Energy Expert Bitcoin Bassload, lovingly read to some sweet sweet jazz guitar. You should be nowhere near a miner if you don’t understand how your electricity is priced or you generate the power yourself. That kickflip, it nice. Bitcoin Bassload  Be sure to change your password on Whatsminers before you attempt to enable API. And don’t forget to give ol Baaaarrrnnminer a shout on Fountain. Barnminer M50 The Bitcoin Bugle – Stunning and Brave as always. Who is Dick Greaser anyway? Bitcoin Bugle   Pleb Miner in the Wild is brought to you by Fix Rigs FixRigs is one of the finest repair facilities. Clean, state of the art equipment, highly trained and skilled technician, and an incredible logistic model to get you back to hashing as soon as possible.   This episode’s Pleb Miner in the Wild is Aaron Hall of SunDog Mining. Aaron is a beast of a miner and hell of a good dude. This conversation is an important on because it show that with passion, hard work, and tenacity, you can grow and scale your mining operations, while still maintaining ethics and integrity. Aaron is an awesome individual. Should you need to host machines, do not hesitate to reach out to Aaron to check his rates and availability.  Ungovernable Misfits Socials https://www.ungovernablemisfits.com   Twitter  https://twitter.com/ungovernablemf

Bitcoin fucks a chain spy in the park.    In this episode I met up with Brother Rabbit to discus the 1 sat stowaway torch him and samourai are running to help break on-chain heuristics.   Stowaway is a form of peer-to-peer payjoin developed by Samourai Wallet where one party pays another, obscuring the transferred amount, breaking on-chain heuristics, with no server required to be run by the sending or receiving party.   You can send and receive a Stowaway in Samourai Wallet and Sparrow Wallet. For the transaction, both parties participating provide input(s) into the transaction, and both parties receive an output. The transaction can either be carried out manually between the two parties in-person (doing the "QR code shuffle"), or remotely by quickly and automatically exchanging data between the two parties using Soroban; an app agnostic Tor based communications layer developed by Samourai Wallet.   As the name "Stowaway" suggests it works to obscure the amount being sent from one person to another.   By using inputs into the transaction from both parties this breaks the "common-input ownership heuristic" applied by chain analysis firms in an attempt to trace flow of funds. Common-input ownership heuristic; assumption that all inputs to a transaction are owned by the same entity/person.   Stowaway's are not easily detectable on the bitcoin blockchain. The very fact that Stowaways exist on the blockchain adds doubt to all other transactions which have multiple inputs and two outputs (i.e. a simple spend).   How to send/receive a Stowaway in Samourai Wallet   Writen guide: https://docs.samourai.io/wallet/cahoots#stowaway   Tutorial video: https://youtu.be/C8YZI1bY1P4 or https://inv.pistasjis.net/watch?v=C8YZI1bY1P4     Short bitcoin privacy series: https://youtube.com/playlist?list=PLIBmWVGQhizLrPjpFMN5bQdbOZRxCQXUg  or  https://inv.pistasjis.net/playlist?list=PLIBmWVGQhizLrPjpFMN5bQdbOZRxCQXUg     Show Host: Max    https://twitter.com/MaxBitbuybit     Guest  - @BrotherRabbit_   http://paynym.is/+rabbit     Ungovernable Misfits Socials https://www.ungovernablemisfits.com   Twitter  https://twitter.com/ungovernablemf     Show Sponsor - Foundation Devices   Foundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty. As a sovereign computing company, Foundation is the antithesis of today’s tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can’t be evil,”    Thank you Foundation Devices for sponsoring the show.  Use code BITBUYBIT at check out for $10 off your purchase.   https://foundationdevices.com       Show Sponsor: sx6.store   SECURE YOUR BITCOIN IN MARINE GRADE, 316L STAINLESS STEEL!         As always please feel free to reach out and ask me any questions.

Pleb Miner Monthly Episode 7 Show Notes   Billy Idol and Pleb Miner Mafia member Paul, perform the duet “Hot in Texas Tonight”    FountainFM Boosts are an important part of the show we read every single one regardless of the amount of sats boosted. Plebs are vital to the show, we thank you for your support.   Statistics are brought to you by Lincoin Mining and their suite of products. Global hash rate is 368EH/s, Difficulty 50.56T a recent - 3.26% adjustment TX/Block Reward have been as high as 10.85% and as low as 3.39% in the month of June.   BOTY joke A skeleton walks into a bar and says to the bartender, I will have one beer and a mop.   Bitesize Bitcoin is brought to you by FixRigs In this installment of Bitesize Bitcoin we cover an academic paper written by Norsk Bitcoin @BitcoinNytt, titled Harnessing Bitcoin ASICS for Home Heating, Turning Household Heating into income. In the paper Norsk Bitcoin examines how the electricity bills for households can be affected by heating their homes using Bitcoin mining servers as opposed to resistive heaters the study examines ASIC earnings electricity prices and energy consumption from January 2018 to December 2021. Will soon be posted on Ungovernable Misfits.   ACTION NEWS! is sponsored by Peach Bitcoin. Peach Bitcoin needs sellers! They have many open buy offers in their order books. Miners if you need to sell Bitcoin, why not sell to an actual Bitcoin pleb. use promo code “plebminer”. If you need help using Peach, visit their Telegram   Bob Burnett provides an analysis of Bitcoin global hash rate. Contributors to global hash rate capital influx price of Bitcoin replacement of old machines   Texas weather is affecting Bitcoin hash rate with waves of scorching heat and record-breaking power load demand riot and Argo have curtailed power during peak demand hours.   ndgoHODL provides his advice on spotting aluminum hash boards.   Nico Smid’s sub stack covers the Blockstream miner due to release third quarter of 2024.   ePICBLOCKCHAIN has released its spec sheet for its model 520 I minor Hash rate 112TH/ S with an efficiency of 33 joules per Terra hash prices to range In the $16 per Terra hash range.   Bitcoin Bassload provides his view on why electricity generators may not prefer a “pancake style” load shape, typical of Bitcoin miners. SUNSPOTS solar cycle 25 began April 2019 and is projected to reach its peak around 2025 recent observations indicate that solar activity is ramping up prepare your mines IT and telecom infrastructure accordingly.   Pleb Miner in the WIld is sponsored by the Lake Satoshi Bitcoin BBQ Camp Out in Laingsburg, MI. August 12th - 13th   A special thanks to KaboomracksAlex and Otto at Nakamoto Mining for their S19 and fan shroud giveaway that will be presented at the Lake Satoshi Retreat.   This month's Pleb Miner in the Wild is Chet Chet is an integral part of Pleb Miner Month. He has become like a brother to me over time. I have grown to really appreciate him as a miner and as a friend. Chet is now manager of a hydro mine in Kentucky   Bitcoin Policy UK is attempting to get S9s shipped over to the UK to demonstrate the alternative uses and benefits of Bitcoin mining. Help them Hash the Torch by visiting their Geyser fund.

Pleb Miner Monthly Episode 7 Show Notes   Billy Idol and Pleb Miner Mafia member Paul, perform the duet “Hot in Texas Tonight”    FountainFM Boosts are an important part of the show we read every single one regardless of the amount of sats boosted. Plebs are vital to the show, we thank you for your support.   Statistics are brought to you by Lincoin Mining and their suite of products. Global hash rate is 368EH/s, Difficulty 50.56T a recent - 3.26% adjustment TX/Block Reward have been as high as 10.85% and as low as 3.39% in the month of June.   BOTY joke A skeleton walks into a bar and says to the bartender, I will have one beer and a mop.   Bitesize Bitcoin is brought to you by FixRigs In this installment of Bitesize Bitcoin we cover an academic paper written by Norsk Bitcoin @BitcoinNytt, titled Harnessing Bitcoin ASICS for Home Heating, Turning Household Heating into income. In the paper Norsk Bitcoin examines how the electricity bills for households can be affected by heating their homes using Bitcoin mining servers as opposed to resistive heaters the study examines ASIC earnings electricity prices and energy consumption from January 2018 to December 2021. Will soon be posted on Ungovernable Misfits.   ACTION NEWS! is sponsored by Peach Bitcoin. Peach Bitcoin needs sellers! They have many open buy offers in their order books. Miners if you need to sell Bitcoin, why not sell to an actual Bitcoin pleb. use promo code “plebminer”. If you need help using Peach, visit their Telegram   Bob Burnett provides an analysis of Bitcoin global hash rate. Contributors to global hash rate capital influx price of Bitcoin replacement of old machines   Texas weather is affecting Bitcoin hash rate with waves of scorching heat and record-breaking power load demand riot and Argo have curtailed power during peak demand hours.   ndgoHODL provides his advice on spotting aluminum hash boards.   Nico Smid’s sub stack covers the Blockstream miner due to release third quarter of 2024.   ePICBLOCKCHAIN has released its spec sheet for its model 520 I minor Hash rate 112TH/ S with an efficiency of 33 joules per Terra hash prices to range In the $16 per Terra hash range.   Bitcoin Bassload provides his view on why electricity generators may not prefer a “pancake style” load shape, typical of Bitcoin miners. SUNSPOTS solar cycle 25 began April 2019 and is projected to reach its peak around 2025 recent observations indicate that solar activity is ramping up prepare your mines IT and telecom infrastructure accordingly.   Pleb Miner in the WIld is sponsored by the Lake Satoshi Bitcoin BBQ Camp Out in Laingsburg, MI. August 12th - 13th   A special thanks to KaboomracksAlex and Otto at Nakamoto Mining for their S19 and fan shroud giveaway that will be presented at the Lake Satoshi Retreat.   This month's Pleb Miner in the Wild is Chet Chet is an integral part of Pleb Miner Month. He has become like a brother to me over time. I have grown to really appreciate him as a miner and as a friend. Chet is now manager of a hydro mine in Kentucky   Bitcoin Policy UK is attempting to get S9s shipped over to the UK to demonstrate the alternative uses and benefits of Bitcoin mining. Help them Hash the Torch by visiting their Geyser fund.

BWJ 027: In this episode, I speak with Farida Bemba Nabourema. She is a writer, and human rights defender. Join us as we discuss the Bitcoin scene in Togo and how Bitcoin helped her with her missions as a political activist. We chat about: The history of Togo. Monetary imperialism. French post-colonial influence. Her family history. The brutality of the military regime in Togo. Her work as a political activist. Being in exile. Bitcoin as a viable alternative to the CFA. Bitcoin adoption rates. Emphasizing education. Relevant Links: @Farida_N on Twitter This episode was sponsored by: ⁠FastBitcoins.com⁠ Please support this free podcast: Donate to our ⁠Crowd-fund⁠ on Geyser How else can you help? Rate Subscribe Share Get in touch: Personal Twitter: ⁠@jakeeswoodhouse⁠ Podcast Twitter: ⁠@bitcoinwithjake⁠ Thank you so much for taking the time and effort to support the show! Best, Jake

The month of September is dedicated to pleb miners who will not unplug nor comply. The backbone of the bitcoin network, dedicated to decentralisation and freedom.   ​On this #PlebMinerMonth episode of the pod, Jon and I speak with @BraiinsMining co-founder and CTO, Jan Capek. Jan is an embedded devices engineer and the father of the Braiins OS firmware and BOSminer software. Jan dives deep into the development of firmware and the challenges he and his development team encounter when attempting to modify machines without the assistance of the manufacturers. We cover Braiins’ (SlushPool) role in UASF and how stratum V2 enhances security, efficiency, flexibility, and decentralization of mining. We also discuss the development of the BaiinsOS+ firmware, and the advantages it can bring to a mining operator. ​We discuss the rebranding of SlushPool to Braiins Pool under the Braiins brand umbrella. We dove deep on a lot of topics in this one, the only thing we didn’t cover was “when”. ​The Braiins team has been a great partner in #PlebMinerMonth, they have sent swag for us to give away as prizes, several of their Bitcoin Mining Handbooks, as well as financial support to ship all of the gear and prizes out to the Pleb. A special thanks to Kristian Csepcsar for helping to organize everything and thank you to Jan and the rest of the Braiins team for your support of #PlebMinerMonth.     Show guest   twitter - @janbraiins twitter - @braiinsnmining   website - www.braiins.com       twitter - @MaxBitbuybit twitter - @bitbuybitpod Website - https://ungovernablemisfits.com       As always please feel free to reach out and ask me any questions.   Today you can exchange $1 for 4999 Sats (Sale ends soon.)   Thank you Foundation Devices for sponsoring the show.  Use code BITBUYBIT at check out for $10 off your purchase

“OMG you didn’t even write show notes, that’s so unprofessional.” Im ungovernable. Fuck off.  If you have any questions please reach out. Also make sure to follow  on twitter and check out everything we are doing for #plebminermonth   Show guest twitter - @JonPDiGiacomo twitter - @mrcdbrown3 twitter - @HodlRev   twitter - @MaxBitbuybit twitter - @bitbuybitpod Website - https://ungovernablemisfits.com       As always please feel free to reach out and ask me any questions.   Today you can exchange $1 for 5039 Sats (Sale ends soon.)   Thank you Foundation Devices for sponsoring the show.  Use code BITBUYBIT at check out for $10 off your purchase

IT & Telecom the Backbone of the Bitcoin Network   In this episode Jon talks with IT expert @SalGood HODL about the backbone of the Bitcoin network, the global telecommunications network. Jon and Sal cover the history of telecommunications and information technology and its journey from telegraph to the infinitesimally complicated network of fiber, copper/aluminum, and satellites that comprise the internet.    They discuss the organizations the govern or run the internet like: ICANN (Internet Corporation for Assigned Names and Numbers) a non-profit based in California, IANA (Internet Assigned Numbers Authority) run/owned by ICANN who are responsible for allocation of IP addresses and Autonomous System Numbers, root domain name system and top-level domains. Jon & Sal describe the Regional Internet Registry. They are the 5 regional organizations around the globe that facilitate the allocation of IP addresses and ASNs to local registries and ISPs. RIRs are independent of ICANN and supervised/guided by the Number Resource Organization, which is an unincorporated international organization. The 3-Tier ISP system is covered by Sal. The 3-Tier ISP system consists of  Tier I — backbone providers who own/operate high speed/bandwidth, multi-continent networks, transoceanic cabling and do not pay or charge data transit fees with their like-peers. Tier 2 — Typically regional/national ISPs pay for transit and peering with tier I and tier 2 providers, customers are typically large organizations and tier 3 ISPs. Tier 3 — Primarily engaged in providing Internet access to consumers and businesses in localized areas, they pay access and transit from tier 2 providers. IPv4 address space are described. An IPV4 looks like AAA.BBB.CCC.DDD where each block can be a number between 0-255 there are 232 total addresses, roughly 4.2 billion addresses. Nearly 600 million are reserved, so about 3.7 billion usable on the Internet and nearly 100% are already allocated globally.  The IPv6 address space looks very complex. It uses hexadecimal notation 0-9+A-F, blocks of zeros can be omitted 2 28 total addresses. If you assumed each star had 10 planets, each galaxy had 100 billion stars, and the universe had 100 billion galaxies, there would be roughly 3.4 quadrillion (1000 trillion's) IPv6 addresses for each planet. What makes the Internet? Layers like in a cake or maybe the Taco Bell 7-Layer Burrito. l . TCP/IP Model — Less complex than OSI l. Network Connection Layer 2, Internet Layer 3. Transport Layer 4, Application Layer 2. OSI Model — 7 layers, breaks TCP/IP layers into more parts l. Network Connection Layer —+ Physical layer and Data Link Layer Internet Layer —9 Network Layer Transport Layer —+ Transport, Session and Presentation Layers 4, Application Layer —+ Application Layer Sal describes how systems and applications communicate by laying out the Application Layer Protocols. Like spoken languages, these protocols have grammar rules; a vocabulary that create standards to convey meaning between parties. Different protocols are optimized for purpose specific communications. Bitcoin is protocol optimized for secure communication of value between parties.   Show guest   twitter - @SalGoodHODL twitter - @JonPDiGiacomo   twitter - @MaxBitbuybit twitter - @bitbuybitpod Website - https://ungovernablemisfits.com       As always please feel free to reach out and ask me any questions.   Today you can exchange $1 for 4785 Sats (Sale ends soon.)   Thank you Foundation Devices for sponsoring the show.  Use code BITBUYBIT at check out for $10 off your purchase

#HashTheTorch My first foray into mining was sometime in late 2011/2012. At that time Bitcoin Core had mining functionality and mining on a PC was relatively simple. I didn’t take the time to truly understand Bitcoin then. Me being an intensely paranoid individual was distrusting of this software using my computer’s GPU to solve an algorithm, didn’t read the white paper and didn’t join any chat rooms or social networks to connect with others involved in Bitcoin. I regrettably uninstalled the software not to return to Bitcoin until 2017 and not to mine again until 2019, couldn’t even tell you if I am responsible for some orphaned Bitcoin. In those 8 years we had 3 kids but let something like 450,000 block slip past me. That’s okay, I don’t cry myself to sleep every night because of regret, anymore. I have a nice mining setup now and I don’t consider it healthy the live a life of regret.  I can reflect though. Perhaps I should have joined one of those Bitcoin Nerd channels. I never had social media before Twitter, maybe I should’ve or at the very least done my research. So, what’s my point here? As the poet, John Donne wrote, “No Man is an Island, Entire of Itself. Every man is a piece of the continent. A part of the main.” And although I don’t live my life regretting past decisions, I can learn from them. It wasn’t until I left that island or at least connected it to the main, that I learned the true nature of Bitcoin and its unique properties. It wasn’t until I began to research and read articles written by so many hard-working Plebs who were willing to pass on the torch of knowledge to others that I finally understood this technology we revere. And it wasn’t until further study that I realized my place within it, was mining. By then the S9 was a couple of years old and it wasn’t difficult to find one. I learned a lot over the next couple of years about mining. I quite enjoyed the experience and by 2021 I had 6 S9s running in my garage. Like many at that time, I saw the China exodus as a good time to upgrade my setup. I acquired 5 s19 and am now up to 6. Now what to do with those S9s I had laying around? I suppose I could have sold them, but I was busy tinkering with my home heating projects and working… and of course, numbing my mind by bullshitting with all of you on Twitter.  I decided I’m going to give some machines away. I gave 2 S9s to my partner at work. I have been orange pilling him for years and HE thought it would be fun to dip his toes into mining, the heat reuse case was a big draw for him. The joy I felt when he showed me his mining setup was exciting. It was the perfect situation for him, a mechanic and a farmer, mining suited his skill set. I later sent a machine to a friend in Texas that was at risk of losing his job over vax mandates and I thought maybe the machine could help him out. That’s about the time I became more vocal on Twitter and the Telegram groups… and began answering simple home-mining questions. I prefer to just communicate on DM’s regarding mining rather than wade through the string of backlogged Telegram messages. In discussions with Plebs, I always felt myself saying, “well I’ll send you an S9 and you can mess around with it and find out if you like home mining or have an interest in it.” “Then once you learn you can send it back or because shipping is so much just hand it off to someone else.” I’m not unique in this, I’ve seen the generosity in the mining community, truly some of the best people are in mining, especially Pleb Miners.  I had the idea to call it HashTheTorch, seemed like a fun name for what everyone was doing. I gave another S9 away to a buddy of mine who is a machinist and was helping me out with my immersion project. This HashingTheTorch is fun. I saw Barnminer making strides in the same direction as well with his S9 lending program at local meetups, which certainly solves the shipping dilemma. It kind of all hit me at that point, The No Man is an Island concept, the connected decentralized network concept, the Plebs helping Plebs idea. Don’t let someone just up and quit on Bitcoin without understanding it as I did in over a decade ago. HashTheTorch of knowledge, HashTheTorch are these machines that don’t mean much to us beyond being able to offload them for a few bucks, or holding for whatever reason.  When Max and I came up with the idea of PlebMinerMonth it was just supposed to be a few pods with cool Pleb miners, a few Bitesize Bitcoins, and FUD Busters, and a couple of articles to give Plebs another resource to get into mining. It quickly morphed into what it is today and is developing a life of its own. One of the biggest surprises, (though I shouldn’t be surprised given the quality of Plebs in the mining community) was the outpouring of support from other miners who too wanted to pass the torch. We’re early in the first iteration of PlebMinerMonth and we already have 10 machines to give away. So many miners are offering not only HashTheTorch of unused or underused machines, but offering much of their time to produce content, write articles, or do interviews. So many in this space whether they call it HashTheTorch, or S9 lending program, or whatever is willing to dedicate part of themselves to this overall movement. To ensure that Plebs don’t feel like they’re on an island, that those blocks are just as much at play for a small time Pleb as they are for large institutional miners. That whatever regret they had in their mining journey doesn’t have to be a regret for someone new to it. They know if they HashTheTorch that they may be giving a machine to the next Schnitzel, TechEngineer, or CoinHeated. They could be kicking off the mining innovation journey of the next EconoAlchemist, Diverter, or HODL Tarantula. And who knows what innovations and rabbit holes those new miners will discover? So I’m putting out the bat signal Pleb miners. Go to a meetup with your old machines. Orange pill that mechanic or machinist buddy or yours. Unload that knowledge you have in your dome and teach your kids and grandkids the value of decentralizing the network through Pleb Mining. HashTheTorch Plebs. And the To all of the Pleb Miner month  winners of the donated old gen miners. Lean on that machine, experiment with different settings, firmware, and pool. Find uses for the waste heat or perhaps find alternative sources of energy run your machine. And then do as the PlebMiner that gifted you that ASIC…. And…HashTheTorch   If you have any questions please reach out. Also make sure to follow  on twitter and check out everything we are doing for #plebminermonth     Show guest   twitter - @JonPDiGiacomo     twitter - @MaxBitbuybit twitter - @bitbuybitpod Website - https://ungovernablemisfits.com       As always please feel free to reach out and ask me any questions.   Today you can exchange $1 for 4680 Sats (Sale ends soon.)   Thank you Foundation Devices for sponsoring the show.  Use code BITBUYBIT at check out for $10 off your purchase

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