Miners
topic on 5 shows · 9 statements across 9 episodes · said 1 times in 1 episodes
the Y Combinator Startup Podcast 
Top Founders 
the MAD Podcast 
the a16z Podcast 
Capital Allocators
9 statements about Miners, every show
Nathan Latka predicts US will never subsidize electricity for cryptocurrency miners
“The U S I do not think will ever give electrical subsidies to miners setting up shops in Wyoming.”
Albert Bridge Excludes Miners, Energy, and Banks From Its Portfolio
“We eliminate about half those, the ones that are more top-down in nature. So there's never any miners or EMP companies or banks even in the portfolio.”
Dayan: Ethereum storage pricing creates a tragedy of the commons
“So the fact that the miners get payment for storage when the miners actually don't need to store the whole state, and it's the full nodes that, that bear the cost. So this sort of asymmetry between who's bearing the cost, like where the externality is, and lik…”
Tomaino: Miner control over blockchain networks creates governance friction
“I think mining, like, miners controlling a network has proven to be pretty problematic. And so I think kind of aligning stakeholders and miners and putting them, you know, as one will be important in terms of, you know, progress in making changes to protocols …”
Back: Bitcoin soft forks require 95% miner consensus to activate
“These things don't activate until 95% of the miners are upgraded, so, and there's a long window of warning that the upgrade is happening, six months or so.”
Casey: Bitcoin replaces central intermediaries with community blockchain consensus
“Bitcoin is a solution to that, because it outsources that role, that intermediation of trust, to the entire community. And it finds a, you know, a fascinating, unique instrument that, you know, that is the blockchain and the consensus process through which the…”
Bitcoin miners compete for a $25M to $30M daily revenue pool
“So the run, so the revenues available to miners to all the miners is, is 25 to thirty million dollars per day of revenue, which is what the miners compete for.”
Tang: Excess mining capacity lowers decentralized infrastructure prices and drives adoption
“If you're spending up a bunch of miners, you're actually providing a lot of computation resources To the network. So for a network that works, that has the right incentives in place the network will leverage the access capacity that you provide to the network …”
Benet: Storage miners will multi-home across networks like Uber and Lyft drivers
“I actually bet a lot of people will be mining on both networks, or like all, all, all of the networks, and we'll see how that actually plays out and then we'll see, kind of like right now, there's a lot of drivers driving for either Uber or Lyft”