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Bitcoin Ecosystem Health - A Miner’s Perspective - Kevin Zhang

Kevin travels all around the world to help run the Bitcoin.com mining pool. He has some stories to tell; insights that will make you think differently about the health of bitcoin.

Host
Matt Aaron

Listen here or on your favorite platform

About the Episode

We talk to traders, coders, business developers, entrepreneurs all the time. The vague question "How is bitcoin doing?" .. We tend to weigh part of our answer on the price even if the metric takes on (way) too much importance.

But sometimes we leave miners out of the discussion. A fundamental part of the ecosystem, how do they see Bitcoin and crypto? 

Kevin Zhang, our mining operations manager at Bitcoin.com, gave us a unique perspective:

  • Why governments are inviting bitcoin miners to expand operations there
  • Surprising facts about renewable energy consumption and costs
  • Could bitcoin miners take away electricity from citizens who need it?
  • Metrics that Kevin uses to judge the health of the bitcoin ecosystem
  • Is mining too centralized?
  • Why investment in mining is fundamentally different than a hedge fund buying a lot of bitcoin
  • The opportunity cost of producing mining chips and Samsung

Learn more about Bitcoin.com's mining products here. A variety of options for investors and miners alike.

And here is Shaun and Kevin's speech at the World Digital Mining Summit.

About the Host

Matt Aaron

Matt Aaron has been podcasting since 2013, when he launched the Food Startups Podcast.

He recently found a second love in cryptocurrency and blockchain and hasn't looked back.

His first major investment into cryptocurrency was the money he made betting on (but not voting for) that Donald Trump would win the 2016 election.

Matt believes that public blockchains and cryptocurrencies are the solution to the many problems exposed of the current banking system in the 2008 financial crisis.

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