Bitcoin Mining Shouldn’t Be Useful

Show Notes

PBJ breaks down why “useful proof of work” sounds appealing, but may weaken bitcoin’s security, fairness, and resistance to capture. 0:00 - Can mining do useful work? 1:08 - Why “useful” mining weakens security 3:03 - The heating exception 6:13 - AI compute and proof of work 8:54 - Why useful work forces governance changes 🎧 From the PBJ podcast recorded at 📍Presidio Bitcoin 🔗 Full episode: https://youtube.com/live/qJ2Tk6HoqBA?feature=share 🌐 Learn more: https://www.presidiobitcoin.org/