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Building a Bitcoin Mining Empire



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Featuring: Jerry Tang, CEO, VCV Digital

In this video I interview Jerry Tang emerging Bitcoin mining entrepreneur on building a Bitcoin mining empire. We discuss: block subsidies constituted about 99% of hash-based revenue as transaction fees continue to stay low. What will happen after all 21m Bitcoin are mined?
Explain the importance of revenue per hash? Bitmain’s two bleeding-edge miners – the S19 XP and S19 Pro+ Hydro – and Intel’s BMZ2 are all nearing market around similar dates explain the pros and cons of each? Why is hash rate an important metric in measuring a miners performance? Explain the importance of cooling systems? How do you plan to Improve Bitcoin production by increasing hash rate? Will the BTC eventually change consensus mechanisms or go to a hybrid method?

Timestamps:
00:00 Intro
00:55 Start of the interview
01:00 What does Bitcoin mean to you?
02:08 Will quantum factoring algorithms crack the keys to wallets?
06:02 Is the lightning network secure? Is it really decentralized?
07:51 What are slushpools and stratum addresses?
09:37 What do you think about putting ESG features front and center when mining bitcoin?
13:00 What is it going to take for institutions and other countries to adopt and be active in bitcoin?
14:39 Will the market cap of bitcoin miners surpass the market cap of gold miners?
16:15 Would you consider the reclamation of coal refuse sites a viable method of clean and environmentally friendly bitcoin mining?
18:58 What will happen when all 21 million bitcoin are mined?
20:31 What's the secret to long term survival in bitcoin mining?
21:37 Explain the importance of revenue per hash.
22:46 Explain the pros and cons of the top bitcoin miners.
24:39 Why is hash rate an important metric in measuring a miners performance?
27:50 How do you plan to improve bitcoin production by increasing hash rate?
29:50 Do you need to be institutional to be profitable?
31:46 Explain the advantages of being a vertically integrated company?
34:20 Bitcoins market cap.
36:29 What's your early opinion on Biden's executive order?
37:51 Central bank digital currencies. Bad for bitcoin?
41:53 Price prediction of bitcoin.
43:38 Who is satoshi?
49:02 Outro
Category
Cryptocurrency Mining
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