CD95: Bitcoin Miner Incentives with Nick Hansen and BitMEX Research
support dispatch: https://citadeldispatch.com/donate EPISODE: 95 BLOCK: 781708 PRICE: 3593 sats per dollar TOPICS: Mempools, Miner Extracted Value, Free Markets, Out of Band Payments, Mining Centralization
BitMEX Research on Twitter: twitter.com/BitMEXResearch (https://twitter.com/BitMEXResearch) Nick Hansen on Twitter: twitter.com/hash_bender (https://twitter.com/hash_bender)
nostr live chat: (https://citadeldispatch.com/stream)https://citadeldispatch.com/stream (https://citadeldispatch.com/stream) nostr account: (https://primal.net/odell)https://primal.net/odell (https://primal.net/odell) youtube: (https://www.youtube.com/@citadeldispatch)https://www.youtube.com/@citadeldispatch (https://www.youtube.com/@citadeldispatch) podcast: (https://www.podpage.com/citadeldispatch)https://www.podpage.com/citadeldispatch (https://www.podpage.com/citadeldispatch) stream sats to the show: https://www.fountain.fm/ (https://www.fountain.fm/)
(00:05:20) Mempools never clearing (00:15:30) Bitcoin mining incentives (00:23:29) Minor extracted value (MEV) (00:46:36) NFT sale and block entry (00:48:00) Auction process and fees (01:03:13) Outbound payments and miner centralization (01:30:26) Discussion about the ViaBTC block and allegations of foul play (01:32:00) Explanation of selfish mining and spy mining (01:43:14) Mitigation strategies for potential mining shenanigans (01:56:52) Discussion on the decentralization of the mining industry
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