Welcome back to The Mining Pod! Max Guise, a team member from Block’s Proto division, joins to talk about the company’s new ASIC chip. A veteran of Block, Guise has worked on everything from the Proto mining ASIC, to Square’s point-of-sale, and its hardware wallet Bitkey. During the discussion, Guise gives us a brief history of Proto’s origins, discusses the challenges of designing (and manufacturing and marketing!) a bitcoin mining ASIC, provides a timeline for the Proto ASIC rollout, and even graces us with a demo of the chip!Timestamps:00:00 Start03:21 Max bio03:56 Working at Square & CashApp04:58 Building the point of sale product06:20 Building hardware09:48 Genesis of Proto12:33 Open development13:37 The team14:59 What is Proto16:59 Selling chips19:56 Closed sourced firmware21:38 Lifecycle examination23:32 Market strategy24:33 Financing25:05 Hashrate as payment26:16 Deployment28:29 When new rig?28:59 Ecosystem of products30:13 Other components30:58 Working with competing minersPublished twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!👉 Check out Bitcoin Season 2 and The Gwart Show!Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices