Risks In Bitcoin: Supply Chain And Hardware Centralization

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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 host 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: Cathie Wood: Founder, CEO and CIO, ARK Invest Lorenzo Valente: Director of Research, Digital Assets, ARK Invest Skot9000: Creator of Bitaxe Jose Rios: Former VP, AI and Datacenter Group, Intel Robert Warren: Author, Bitcoin Miner’s Almanac Rod Roudi: Co-Founder, Bitcoin Park Key Points From This Episode: 00:01:00 Cathie’s thoughts on open-source development vs. closed 00:05:50 Where does bitcoin fit on a global macro-economic scale? 00:10:20 Supply chain: do developers have enough resources? 00:21:50 What are some projects we should be paying attention to? 00:30:10 Bitaxe production process, scale, and chip demand 00:39:00 Exogenous use cases for bitcoin miners 00:43:10 Is there a solution to chip production bottlenecks and vulnerabilities? 00:48:00 Are we at the precipice of a Cambrian explosion in bitcoin mining? Links Mentioned in this Episode: Learn more about Bitc