Bob Burnett: Block Space Scarcity and the Need For Layer 2s to Scale

Bob Burnett: Block Space Scarcity and the Need For Layer 2s to Scale

Coin Stories with Natalie Brunell

Bob Burnett is the founder and CEO of Barefoot Mining, focusing on the development of “horse-class” mining sites. He’s founded several companies in the Bitcoin mining space, and is a vocal proponent for the expansion of diversity in Bitcoin mining site geography, scale, and energy sources.

In this episode we discuss:

  • Working on early computers at Gateway and turning the HQ into a Bitcoin mining facility
  • Protecting the integrity of the Bitcoin base layer
  • Bitcoin blockchain as the 'most precious real estate in the world'
  • Full blocks and 300,000+ transactions awaiting confirmation
  • Bitcoin scaling through layer 2s like Lightning and Fedi
  • Block fees poised to increase
  • Will there be a Blocksize Wars Part II -- Block *Time* Wars?
  • Will people be able to afford to hold their own keys?

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This podcast is for educational purposes and should not be construed as official investment advice.

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Coin Stories with Natalie Brunell • Bob Burnett: Block Space Scarcity and the Need For Layer 2s to Scale • Listen on Fountain