Mark Jeffrey
speaker
523 appearances
2 recordings
1 series
first heard May 2025
last heard 6 Mar
Mark Jeffrey’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Mar 2026 with 1.
Appearances
Um
But this this whole idea of of, you know, look, I'm not gonna pay you.
We're not gonna make a company.
I'm just gonna give you Bitcoin coins that that are generated by the network with every block.
Um this for solving a math equation.
Correct.
Well that yeah, it's so for finding the hash of the previous block, which I'm not going to get into the technical explanation of that, but bottom line, it boils down to guessing the number of gumballs in a jar.
Right.
That's really you know, that's really what it boils.
In a way it was busy work.
It's busy work, right?
It's trying to force your CPU to peg up and to to prove that it has the computing power that it says that it has, right?
out.
So basically Satoshi proved the point.
So what was the end result of this, right?
In aggregate, Satoshi created the world's largest supercomputer by several orders of magnitude.
Even AI GPU, you know, in aggregate is is not going to catch up to the Bitcoin network's computing power for at least five years.
If, you know, if they if all the chips that are created go to AI, that still won't catch up to Bitcoin for a very long time.
So Bitcoin succeeded at at creating this this inc this incredible network through these incentives.
So Bit Tensor looked at that and said, that's a really interesting dynamic.
Showing 261–280 of 523 · page 14 of 27
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