Skip to main content
ARK's Big Ideas 2025 Is Available Now!
Big Ideas 2025 Is Here!
Download Now
Subscribe

An Overview Of Bitcoin Mining

https://assets.arkinvest.com/media-8e522a83-1b23-4d58-a202-792712f8d2d3/088bb5fb-c81f-4b97-90f2-adad8e040b82/ARK-Invest_BitcoinBrainstorm_EP8_Thumbnail.jpg
By: Catherine Wood, Yassine Elmandjra
An Overview Of Bitcoin Mining

An Overview Of Bitcoin Mining

00:00:00  /  01:09:14
  • 1
  • 1.5
  • 2

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints.


Guests on this month’s Bitcoin Brainstorm include:

Luke Dashjr: Founder and CTO, OCEAN, Core Developer

Trey Kelly: Founder, Chairman and CEO, GRIID

Steve Barbour: Founder and CEO, Upstream Data

John Stefanopolous: Founder, FutureBit

Benjamin Yi: Executive Chairman, Riot Platforms

Yassine Elmandjra: Director of Digital Assets, ARK Invest

Cathie Wood: Founder, CEO and CIO, ARK Invest

Rod Roudi: Co-Founder, Bitcoin Park


Key Points From This Episode:

00:01:00 Rod introduces the Bitcoin Brainstorm and hands over the floor to each of our fantastic guests

00:08:41 What makes bitcoin so unique and what makes bitcoin mining so essential?

00:18:30 What are mining pools and why do they exist in the first place?

00:27:15 The pace of innovation in bitcoin and bitcoin mining, especially in regard to energy consumption

00:33:54 Why bitcoin mining is at the convergence between energy and money

00:40:49 How bitcoin mining is more about optimizing energy use than it is about earning bitcoin

00:47:21 Exploring why so many questions are asked about the energy consumption of bitcoin

00:54:29 Bitcoin mining may be able to decrease the end balances that energy rate payers are charged

00:59:33 What does the future of bitcoin mining look like?

01:08:01 Bitcoin mining represents massive convergences across industries and the digital and physical worlds


Links Mentioned in this Episode:

Learn more about Bitcoin Park: bitcoinpark.com

You are leaving ark-invest.com
By clicking below you acknowledge that you are navigating away from ark-invest.com and will be connected to ark-funds.com ARK Investment Management LLC manages both web domains. Please take note of ARK’s privacy policy, terms of use, and disclosures that may vary between sites.