
The Last Trade E044: Bitcoin Mining’s Next Epoch with Bob Burnett
About this episode
The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Marty Bent, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host. Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It's not just another asset - in the digital age, it's the Last Trade that investors will ever need to make. 0:00 - Introduction to Bob Burnett 5:45 - Challenges facing public BTC miners 15:06 - Advantages of small-scale mining 27:20 - Efficiencies of multiple-use miners 31:40 - Lessons from the tech boom of the 90s 37:43 - Cyclical risks & mismanagement in mining 42:40 - The miner stack & vertical integration 46:35 - The scarcity & value of block space 51:40 - A message from Onramp 51:56 - Decentralization of block template creation 56:15 - The future of miner revenue & variance 1:02:20 - Mining pool transparency & participation 1:08:48 - The evolution of the fee market 1:15:15 - Block space demand & urgency of demand 1:22:30 - Base layer capacity & scalability 1:30:30 - Future fee market growth 1:35:05 - Bob’s journey to bitcoin mining 1:47:19 - The importance of innovation Schedule time with the link below if you would ever like to learn more about Onramp and please sign up for weekly Research and Analysis to get access to the best content in the ecosystem weekly: https://onrampbitcoin.com/contact-us/ https://onrampbitcoin.com/category/onramp-media/
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