Shitcoin Insider

Bitcoin Maximalists take on the scams, ponzis, & bad ideas in the world of crypto. Doing the dirty work so that you don't have to.

Hosted ByGuy Swann & The Insider

All Episodes

Read_619 – Bitcoin Mining & The Gird, Part 1 – Generators [Blake King]

“Bitcoin miners are unique because of how fast, transparent, and flexible their response can be to pricing fluctuations.  Riot’s Whinstone mining farm in Texas is a perfect example of...

Read_619 – Bitcoin Mining & The Gird, Part 1 – Generators [Blake King]

“Bitcoin miners are unique because of how fast, transparent, and flexible their response can be to pricing fluctuations. 
Riot’s Whinstone mining farm in Texas is a perfect example of miners powering down during tight conditions in ERCOT. During winter storms in February 2022, the site powered down 99% of its operations to reduce load. This flexibility made headlines. 
Now imagine if ERCOT has visibility of every miner over 10 MW that’s connected to the transmission network. The price at which the machines breakeven would then become an integral aspect of wholesale power pricing because the bitcoin miners themselves can set the wholesale price.” – Blake King

Simply put, if you want to understand the intricacies of Bitcoin mining and the energy grid, you don’t want to miss the first installment of this series. Follow Braiins and Blake King so you don’t miss the coming installments, as well as Bitcoin Audible to hear them all in audio.
LINK:
https://braiins.com/blog/bitcoin-mining-the-grid-generators

Check out the mentioned episode in the Guys’ Take by Croesus. Bitcoin & the American West:
https://podcasts.apple.com/us/podcast/read-587-bitcoin-the-american-west-croesus/id1359544516?i=1000545327475

You can earn Bitcoin by Donating Plasma in a new pilot program. I’ve put the details for you at the link below:
guyswann.com/blood

For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Read_618 – Expanding Functionality in Lightning Implementations [Shinobi]

“There are still many extensions to build out in the protocol and areas with unsolved scaling issues. In general, the Lightning protocol itself still has a long way to...

Read_617 – Announcing Taro, Multi-Asset Bitcoin & Lightning [Ryan Gentry]

“Taro enables bitcoin to serve as a protocol of value by allowing app developers to integrate assets alongside BTC in apps both on-chain and over Lightning. This expands the...

Read_617 – Announcing Taro, Multi-Asset Bitcoin & Lightning [Ryan Gentry]

“Taro enables bitcoin to serve as a protocol of value by allowing app developers to integrate assets alongside BTC in apps both on-chain and over Lightning. This expands the reach of Lightning Network as a whole, bringing more users to the network who will drive more volume and liquidity in bitcoin, and allowing people to easily transfer fiat for bitcoin in their apps. More network volume means more routing fees for node operators, who will see the benefits of a multi-asset Lightning Network without needing to support any additional assets.” – Ryan Gentry
A huge kudos to Lightning Labs and what they are building over there. This is an incredible development that will shake the system as this tech gets implemented. Follow Lightning labs and Ryan Gentry, the author of today’s piece, on Twitter to stay up on what they are building.
Link to the original article and announcement: https://lightning.engineering/posts/2022-4-5-taro-launch/

You can earn Bitcoin by Donating Plasma in a new pilot program. I’ve put the details for you at the link below:
guyswann.com/blood

Check out the Fountain app to test out the value-for-value system and listen to Bitcoin Audible for 1,000 free sats!
Fountain.fm

For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Chat_68 – Keysend Maximalism & LNpay with Bootstrap Bandit

LNpay, LNURL, LNauth, streaming sats, Bolt12, the past and future of Lightning. We dig into tons of great stuff around Lightning and discuss Keysend Maximalism with my good friend...

Chat_68 – Keysend Maximalism & LNpay with Bootstrap Bandit

LNpay, LNURL, LNauth, streaming sats, Bolt12, the past and future of Lightning. We dig into tons of great stuff around Lightning and discuss Keysend Maximalism with my good friend and the creator of LNpay, Bootstrap Bandit. We are getting back into it after the Bitcoin2022 conference, and you don’t want to miss it. So stay tuned, much more on the way!

Dont forget to follow Bootstrap on Twitter, and explore the incredibly useful tools and services built over at LNpay.co.

You can earn Bitcoin by Donating Plasma in a new pilot program. I’ve put the details for you at the link below:
guyswann.com/blood

Check out the Fountain app to test out the value-for-value system and listen to Bitcoin Audible for 1,000 free sats!
Fountain.fm

For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Read_616 – Current State of Lightning Privacy [Tony]

“Besides the advantage of near-instant payments, there can be privacy improvements to Lightning as well. Unfortunately, there are scenarios where Lightning is not great for privacy. I’d like to...

Guy’s Take #52 – Follow up to Read 615 – The State vs Bitcoin

This episode is because the previous read by Steve Barbour deserved a Guy’s Take. Before we change topics to privacy in the episode coming later this week, “The State...