70. The Future of Bitcoin Mining with Ben Gagnon

70. The Future of Bitcoin Mining with Ben Gagnon

The Bitcoin Standard Podcast

In this episode Saifedean talks to Ben Gagnon, Chief Mining Officer at Bifarms, a Canadian bitcoin mining company that accounts for 1-2% of global hash power. Ben tells the story of how he became involved in bitcoin after missing an opportunity to buy 100 bitcoin for $70 in 2010. He and Saifedean discuss when it makes sense for people and companies to mine bitcoin, whether it’s a good idea to invest in bitcoin mining companies, and how events such as China’s recent mining clampdown will affect the future of the industry.

Links referenced:

The following links relate to Ben’s comments about bitcoin regulation in China leading to a pump in Ethereum’s price during early 2017:

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NYDIG - https://nydig.com

Cyphersafe - https://cyphersafe.io/ 

OKCoin - https://okcoin.com/

Nodl - https://www.nodl.it/

Coldcard - https://coldcardwallet.com/

CoinBits App - https://coinbitsapp.com/


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