MFTV #3: OPEN SOURCE MINING MATTERS | with
@skot9000 of
@256FOUNDATION
YouTube:
youtu.be/kVvskW43moI
Bitcoin is, critically, an open-source project—with most of the development community building on Bitcoin in an open-source way.
If Bitcoin's codebase were not open-source, it would no longer be permissionless, trustless, or censorship resistant. Its position as "cypherpunk" money is firmly dependent on that fact that anyone can find, review and use its code.
The mining industry, however, typically operates with a different attitude. A small handful of companies make all Bitcoin miners—including chips, firmware, hardware, etc—with all information about how these machines work behind a heavily guarded wall.
In this episode of MFTV,
@skot9000 creator of the first fully open-source ASIC (BitAxe) and boardmember of the
@256FOUNDATION sits down with
@isabelfoxenduke to share how the open-source mining revolution is growing—and why the mining industry is poised for "absolutely vertical growth" as its tech stack opens up for the world to build on.