“The Ordinals Ecosystem Mines Bitcoin”

September 10, 2024

In this episode of Bitcoin Season 2, host Charlie Spears discusses the trend combining Bitcoin mining with speculative elements from NFTs, ordinals, and sidechains. He highlights how Bitcoin mining has evolved beyond its traditional scope, now has a distinct “degen” component. Despite low transaction fees and reduced activity on the network, speculative transactions like BRC-20 continue to clear blocks.

Charlie also discusses the rise of pleb miners and the launch of Fractal Bitcoin, a merge-mined sidechain by the Unisat team. The podcast covers hash rate marketplaces and rental strategies, with a focus on how these impact mining profitability. The episode concludes with a preview of upcoming Bitcoin events in Singapore, highlighting the continued growth of the community.

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