FYI - For Your Innovation

FYI - For Your Innovation


Risks In Bitcoin: Supply Chain And Hardware Centralization

February 20, 2025

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: