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

"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!

Relevant links:

• @ethan_vera on Twitter
• Luxor.tech
• @LuxorTechTeam on Twitter

This episode was sponsored by:

• FastBitcoins.com

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Best,

Jake