In a recent episode of the Bitcoin Standard podcast, host Saifedean Ammous welcomed Pierre Rochard, a prominent bitcoin researcher and writer, to discuss the intricacies of bitcoin mining and its economic implications.
In this post, we delve into the complexities and perspectives within the Bitcoin mining community, exploring the challenges and opportunities that lie ahead.
Bitcoin mining is a complex and evolving industry. The scarcity of block space is an issue that miners and users must navigate carefully to maintain network security and functionality.
We discuss the pressing issue of crypto fees, how to think about L2 designs for Bitcoin, criticisms of BIP 300/301 and why Bitcoin miners arn’t more involved in Bitcoin governance.
Each individual making these decisions independently, at the same time, all across the world. It really is a beautiful thing. Truly free markets for block space with real-time, dynamic pricing signals.
Better communication is necessary.
Let's do a Bitcoin world roundup.
