Default avatar
fountainhead
npub1f6n2...l55f
fountainhead 4 months ago
The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network • BTC259: Bitcoin & Theoretical Physics w/ Jeff Booth, Jack & Nick (Bitcoin Podcast) • Listen on Fountain
Jeff Booth, Jack, and Nick explore a year-long paper linking Bitcoin to fundamental physics, framing Bitcoin blocks as discrete, quantized units of...
 Huge thanks to @preston and @Jeff Booth for bringing this to the forefront! Truly mind bending stuff. The Matrix has been used for years to describe the bitcoiner’s awakening from fiat, but what if the awakening isn’t just from the fiat blurred lens but, rather, from our perception of reality based on physics that has been wrong for the past 80+ years? From listening to this, it makes sense (at least to me) why @Jeff Booth is getting more vocal in his messaging below: “Pricing a protocol designed to free you from a piece of paper designed to enslave you doesn’t make a lot of sense to me.” He’s literally re-thinking everything. One last thing - kudos to @HODL for starting it and @preston for adopting it as part of his shows, but this episode’s outro literally made the hair on my arms stand up. “Time is not a river; time is a heartbeat.” Brilliant tl;dr of this pod!
fountainhead 1 year ago
Solo mining newb questions: I’m running bitcoin core on Umbrel and just installed the public pool app to learn about solo mining. I’ve got a bitaxe pointed to the stratum address of the local public pool instance. The public pool app can see the bitaxe activity, and I can see the job information being sent to the bitaxe in the bitaxe logs. It’s hashing away (and occasionally overheating), and everything appears to be working fine. I’m assuming the bitaxe firmware is getting the block template from the public pool Umbrel app. Is this accurate? If so, is the local public pool app generating its own block template based on my local node, or is it getting it from the ‘larger’ public pool? Is the local public pool app decreasing the difficulty that’s being sent to my bitaxe, like most pools do? I’m assuming it is since I can see that many shares have been submitted by the bitaxe. Is any of this configurable locally? Is any of this able to be viewed via the CLI? Appreciate any feedback.
↑