Bitcoin Mining Is Helping People In Africa – Bitcoin Magazine

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This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Marshall Long to talk about surviving the bear market as a bitcoin miner and how the current political scene will not be able to beat bitcoin miners into submission.

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Q: I wanna stay on mining, but I wanna bring the World Economic Forum into the equation for a lot of different reasons that may be true and may not be true. The idea and concept of bitcoin mining seems to be one of the most triggering things for climate activists, for shitcoiners, for anyone who is just against bitcoin. Both the energy usage and proof-of-work mining in particular have been put on the stand. I’d love your thoughts from conversations around proof-of-work from the early days before Mt. Gox. What were the rationales/justifications for proof-of-work. And if someone was discussing proof-of-stake (PoS), how much did you bully them into eventually turning into the super villain, known as Vitalik Buterin.



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