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Ethan Vera: Co-founding Luxor, Bitcoin Mining, & Commoditised Hashrate - Bitcoin with Jake #62

Bitcoin With Jake
Bitcoin With Jake
Episode • Feb 8, 2023 • 54m

"Miners are basically almost like the Federal bankers of a more just, set in stone, rule-based system that can't be altered by our will." - Ethan Vera

BWJ 062: After working hard to get into the banking world, Ethan Vera was pitched a BTC Mining Pool business. He's one of the founders of Luxor Technologies who provide a wide offering of financial services to Bitcoin mining companies.

In this episode you will learn about:

  • 2:01 A business proposition
  • 5:03 Mining pool overview
  • 10:04 The skills in their team
  • 12:41 They identified a problem
  • 16:05 The competitive landscape
  • 18:08 Mining company bankruptcies
  • 23:50 Computing power is going to be the most traded commodity
  • 29:52 Unrivaled power grid demand response
  • 26:30 Most important thing if you're an entrepreneur
  • 42:29 Only way to have longevity
  • 49:44 Is Ethan a maxi?

Sydney AUS Bitcoin-only conference:

  • April 15th 2023 - Code "JAKE" to get 10% off your tickets!

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Jake

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