Bitcoin Mining Explained | Peter Wall, CEO of Argo Blockchain - a podcast by Scott Melker | BlockWorks Group

from 2021-04-01T11:00

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Mining is a vital part of the Bitcoin ecosystem but is often mischaracterized and misunderstood by even seasoned crypto investors. Mining expert and Argo Blockchain CEO Peter Wall came on the show to break down all things mining. In this episode, Wall dispels the many myths surrounding the industry, revealing how the process actually works and giving a look behind the scenes. As the first mining expert on the show, this is an extremely illuminating conversation on this often reclusive sector.
 In this episode, Melker and Wall discuss a range of topics including:
 Mining myths

Renewable vs non-renewable miningA shortage of Bitcoin mining rigs

Mining all the BitcoinMiner capitulation

A good crypto citizenAdjusting for difficulty and halvings

Managing massive facilitiesHydroelectric mining

A premium on virgin BitcoinThe forgotten metric of mining

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