In this episode of Pod 256, we dive into the exciting world of Bitcoin mining and community empowerment. Host Rod, alongside co-host Econo Alchemist, discusses the ambitious idea of the 'telehash'—a 24-hour event aimed at raising funds, Bitcoin, and mining equipment to support grassroots Bitcoin communities around the world. Inspired by conversations at the Global Bitcoin Summit in Nashville, the hosts explore how Bitcoin can serve as a lifeline for communities lacking access to traditional financial services. They emphasize the importance of empowering local communities to create sustainable, small-scale mining operations that can foster economic independence and innovation.
Rod and Econo Alchemist also discuss the logistics and potential challenges of the telehash event, including the need for partnerships with public companies and mining experts to provide the necessary resources and training. They highlight the inspiring stories of Bitcoiners from diverse regions, such as Africa, South America, and Asia, who are using Bitcoin to drive change and improve their communities. The episode concludes with a call to action for listeners to get involved and support the initiative, aiming to make a tangible impact in the global Bitcoin ecosystem.
[00:00:00]
Unknown:
Dude, lots of people are excited. Like, lots of people.
[00:00:05] Unknown:
Excited about the telehash? Yeah. Yeah.
[00:00:09] Unknown:
I don't know if I could physically do this, though. I talk a big game. Oh, it's gonna be brutal. It's gonna be brutal. It's gonna be brutal. Yeah. Once you get into your forties, staying up all night isn't the same. It's not the same. I will say this. Here's two, alright. So, first, we'll just jam today on this idea. And I'm gonna preface it by saying it's an idea. The idea is gonna happen. Now, how well we execute on this and fulfill, your guess is as good as ours. But we're gonna we're gonna make it we're gonna do our best. Welcome to Pod two fifty six. Not a weekly Bitcoin podcast anymore, more of a monthly, but sometimes we go to weekly, especially with emergency pods like this, focused on mining, energy, and proof of work, hosted by me, Rod at BitKite, on Twitter, and you can also find me on Noster, and my other cohost of Pod two fifty six.
Just the one and only and greatest of all time, mister Econo Alchemist. Today is 09/21/2023. We're at Block Height 806614. Did not fact check that, so I hope Ico was right about that. And the having is due. That was from, like, a month ago. Shit. I knew it because I was like, fuck.
[00:01:35] Unknown:
We're at Block Height 808726.
[00:01:38] Unknown:
I know. Because I was I was looking at the block height for some reason. One of the block cut clocks, and I was just reading that. I'm like, that doesn't sound right. So sorry, what block height are we at? Eight hundred eight thousand seven hundred twenty six. Look up the day. Oh, we're at okay. So, buddy, you update the halving days, but you didn't update the block height? Correct.
[00:02:00] Unknown:
Yeah. Because, like, I start editing this sheet, like, half an hour before we record. And so, like, I didn't wanna put the block height in there, and then, like, three more blocks come in. Got it. And then we ninja launched it. Yep. You know what I mean? Yeah. And then I just I got distracted with my internet connectivity issues, and I forgot to update that metric. So my bad. I take full responsibility for this blunder. Okay.
[00:02:27] Unknown:
I can I never take responsibility for any blunder? So, yes, good job taking that one. And the halving is due in two hundred sixteen days according to our friends at coinwars.com. They're not the ones that changed their domain. Right? No. That was Bitrar changed to new hedge. That's right. We need to get yeah. We'll I keep saying this, but we should chat with them. They reached out to us. They should join us for this, idea we're gonna talk about here shortly. Alright. Finally, we are in episode number 29, and, we are just gonna talk about this idea, which was inspired, or we've always been talking about this idea, but now it's gonna happen because, of combos that I had last week at the inaugural Global Bitcoin Summit here in Nashville, Tennessee.
Thanks again to the Human Rights Foundation for partnering with us and coming up with the idea. It was, freaking awesome. You were try you're gonna try to come out for this, but life got in the way. Right, Iko?
[00:03:34] Unknown:
Yeah. I really wanted to be there. Dude, Gladstein has invited me to a couple of HRF events, and it just, you know, either during COVID or for whatever other reason, I just haven't been able to get out there. And, again, this time around, like, dude, I was on the precipice of complete and total life changes, like everything just getting turned upside down, and working very hard to kinda change course and get away from that, the edge of collapse there. But you did it. You're crushing it now. I did it. I'm doing it. Yeah. And, I you know, unfortunately, the timing was just bad for me. I just couldn't be out there. Yep. So
[00:04:18] Unknown:
I hear you. Life happens. Life happens. That's for dang sure. Well, let me give you a quick recap. We hosted a 100 or so, community organizers, activists, developers, just Bitcoiners, some amazing, amazing people that make me feel so, inferior to what they're doing and accomplishing. I'm being I'm not trying to be self deprecating at all, like, legit rock stars, which gave me even more energy to do even more and inspired me to even do more, in this short one life that we live. Six continents, over 55 countries, many of whom, for the first time, ever visited The United States Of America.
And I was talking to, like, some of my local Nashville friends about this. I'm like, imagine in this freaking world, the first time they step I mean, not step foot because there's no not many of them flew direct, but, like, the first real US experience was in Nashville, Tennessee versus, you know, your traditional New York, you know, California, Miami type, vibe. And it was really, really fun. That's awesome.
[00:05:34] Unknown:
What what was the summit like? Were they, like, sharing their efforts and activities and trying trying to, like, educate each other on what tools they're using and
[00:05:44] Unknown:
how they're defending freedom? Or So there was a bit of that for sure, where we had a number of folks, in the audience, helping, you know, from tooling around security to, using Bitcoin to organization. But it was what was really cool, one one of the components was around the circular economies, something that we're not doing I mean, and I take full responsibility about this. We get caught up in the rules and how hard it is to do the circular economy, and and we also don't have the pressure to make it happen. But we still should do I should do a better job of making that happen in my local community. But these guys are, like I I joke with them. I'm like, you're the real the real Bitcoiners. Like, you're using Bitcoin. You're doing Bitcoin. You're not just LARPing about Bitcoin. Like, from people in Honduras to Guatemala to Cameroon to Bangkok, Thailand to Indonesia, Australia, Tokyo, Japan. I mean, Nairobi, Kenya to South Africa.
I mean, all of these people came to Nashville, Tennessee. So to to that point, like, hearing their stories around, how they're organizing and doing Bitcoin grassroots community organization, was super inspiring. Yeah. So next time, like, hopefully, life, you know, you're able to go to one of those and, I I highly recommended Eco.
[00:07:24] Unknown:
Yeah. I mean, if I jump in on one thing. Oh, hey, Tom. Hey. So we had a woman, here who works with Alexi Novani, who is like the, you know, opposition to Putin and the way she talked about it, like, you know, first off, like trying to wire money into the country, like can't really do that. So for, for her and for many people, like Bitcoin is less of a choice and more just like a total lifeline. Totally. Like it's just not, it's not even like, Oh, we could choose all these different things. And like, we're just making this decision. It's like that they need it and it's working for them.
And it's just like, it was huge to, you know, see that person there like, Hey, this is really great. It's working for us, you know? Okay. Yeah, for sure. You know? Yeah. They don't they don't have the luxury of, like, credit cards, bank transfers Yeah. You know, traditional
[00:08:17] Unknown:
financial services. And so they're using the censorship resistant permissionless
[00:08:22] Unknown:
tools that actually work, which is Bitcoin. Yeah. Because when, you know, like, the sanctions punish, you know, Russia at large, like, it also punishes the people who are opposed to Putin. Yeah. Right? Right. And I was gonna have my, like,
[00:08:35] Unknown:
leave a more open mind right around crypto and other currencies and so on because I don't I'm not gonna project my, like, crazy beliefs on somebody else that's living a totally different, you know, circumstance. And they're like, no. I have to use whatever to do x y z. More power to you. But it was so real it was so to Tom's point, they really were using Bitcoin. Like, just Bitcoin was that lifeline. Bitcoin was the tool that enabled them to be more free. Not completely free because of, you know, many of the places that they're living, and what how they're, you know, stepping up. But, yeah, truly inspiring. And it makes it I'll say this, Tom. Like, it's pretty cool to play a small role in the Bitcoin world hearing those stories because, like, we're not making a difference, but, like, what we're doing for Bitcoin in general, I hope, with the meetups that we're hosting and the bit devs and all the community and education components, I think it's like a small little pebble that we're,
[00:09:41] Unknown:
that we're impacting. Yeah. The people, were, you know, just really thrilled to be able to come and, like, present what they've been working on and share with other people and connect with the other people there. And, like, just the fact that the space is here, you know, we've kind of fostered this, space and community for that to even have happened in the first place. I think was, you know, people really appreciated it. I really appreciated it. It was just, you know, it was great to have everybody want to be here and, like, be so engaged.
[00:10:10] Unknown:
Yeah. It was really a a really great group. And you crushed it, man. You were there for, like, three four days in a row in the event space, like, you know, running the iPad, running the AV. We we dollied in two eighty five inch TVs to make sure that the sound, the everything was perfect, man. You you're a legend. Thank you. Alright.
[00:10:31] Unknown:
So you're at this event, and then what happened? Everything. What happened to spark this idea? Okay. So
[00:10:39] Unknown:
we're probably joking, like, 90% of the the time with this whole telehash idea. First, Eco, the telehash is happening. Like, we're a 100% doing it. 100%. K. That's happening. You're coming to Nashville, me and you, seven to seven, we're doing it. And I'll I'll I'll I'll tease the date later so that people know, and the three people that show up can RSVP and make sure to come. Alright. Tom, you're doing this too. You're up with us for twenty four hours. We're going seven to seven. And here's the deal. Go ahead. What are you gonna say, Tom? No. That sounds great. I think it's, you know, I'm I'm in. I'm in, basically. I know you're you're gonna try to frame it that I wasn't in, but I am in. Well, you told me to fuck off earlier, I thought, when I when we're joking about it. You're like, I'm not staying up for twenty four hours to mess around with you guys. But I think you now appreciate the idea around this, and I think now you wanna contribute. So I think that's why you're in. Well, I'm also somebody who, like, at first, I might be like, I don't know. And then if it's, like, happening and we're gonna do it, like, I'm obviously gonna do it. Okay. Cool. Rock and roll. Alright. So did you know we're gonna have to probably cut this out because it makes me make me sound stupid. But, s 19 j Pro, you can plug into a two twenty volt outlet. Correct?
Yep. And it works. Mhmm. Dumbass Rod didn't realize in well, I knew kinda in Europe you could plug it in, but, like, obviously, their electricity prices are high, so I wasn't really thinking about it. And look, I get it. There's a lot of things going on in Africa, you know, stability of the grid, power issues, blah blah blah. I didn't know that they had two twenty volt outlets and they follow, like, the kind of the European style with their grid, and, you could just plug in an s 19 or a m three or a m 50 or whatever. Did you know that, Iko?
[00:12:36] Unknown:
I don't know very much about the interconnect grids in Africa, but it was my understanding that they followed similar infrastructure setup as GEAR UP. So, yeah, like, I just figured it was, like, two twenty outlets in residential homes,
[00:12:55] Unknown:
50 hertz. You see, Tom, that's this is why Iko's a nice guy. This is his kind way of saying, of course, I fucking knew that, you moron. Like, everybody knows that. And, I can't believe you're this excited around knowing just this. Anyways, so Eric Hersman, hope I pronounce his last name right, is just a stud. He's, at white African on Twitter. He's the cofounder of Gridless Compute. He flew in from well, he was already in The States, but he flew in from Kenya, and then now he's back in Kenya. Shout out to him. He's got a what? Tangent. Quick tangent. Shout out to him for hosting the, inaugural Africa Bitcoin Summit.
We should link to that in the show notes, Tom. He came here and then imagine hosting your own conference the first time ever, but being here and then, like, a day later, getting adjusted on the time zone and all that stuff and then hosting I don't know how many people the, his tweets look great. Other people tweeting about it looks awesome. Very, very bullish on him. Another quick tangent Tangent. And this is why we gotta kinda get back in the rhythm of this, Iko. Did I tell you this? He listens to every single pod two fifty six episode. That guy with a 100,000 plus followers, legend in the Bitcoin, mining space, built and sold a bunch of companies, like, proper guy. And he's like, oh, yeah. I'm I have their Loki board one queued up for the, you know, x my ride home. And, I can't wait to listen to that. I'm like, I know EcoSmart, but I'm a dumbass. Like, how why are you listening to this? And he's like, no. Awesome. And and and and this is Tangent.
The, the mining for the streets, shout out to Diverter, he, like, swear not swears by it, but he loves that. And he's like, how do we get more plugs in, Africa, mining at home? And so we had a long conversation about this. And he's like, yeah, you know, like, that they have the you know, obviously, the connectivity issues, and power issues or whatever. But we have two twenty volt outlets and you could just plug the dang thing in, you know. And I'm like, what? You have two twenty volt outlets. And I'm like, dude, these are just these miners are just freedom boxes. Imagine if we can just get a bunch of these miners to these community organizers to help disperse to train disperse them out. And you may not even know about Bitcoin, but you'll learn how this machine works.
And I till the day I die, I will bet on human ingenuity. I don't care what you you know right now, but I bet you, when push comes to shove, you will figure it out. And so now, like, the whole lead is this. Like, of course, I love the telehash. I would, you know, blah blah. And of course, me familia, if you wanna send me SATs, I will happily take it. I'm not, you know, for sure. But it was always like kinda like in my back, like, yeah, it's kinda me and Iko's like money grab around the telehash. But now, sats, cash, and hash.
Let's do it for twenty four hours, seven to seven, and raise a boatload of money or hash or cash, and figure out how we can activate, and empower some of these local communities that I've been fortunate enough to shake hands with to give them, one, give them a machine or machines, Two, train and give them the education. And this could be, like, whether it's KaboomRacks or Foundry with their services group to, like, create, and they should do this for free. They to train, like, on YouTube, like, how do you fix a control board? How do you fix a fan? And and give them the tools such that at the local level, let's say, you're Bitcoin Mountain in Cameroon or you're Bitcoin Akasi in South Africa, you're able to go to that community space, you got the miner, you got the miner disassembled, you're watching the videos, you're putting it back together, you're disassembling it again, you got a bunch of fans, you're putting them together, and you're learning by doing.
Great. Because I think the one piece, and I'll get off my tangent here, Iko, is HRF is doing an incredible job. Square, incredible job. OpenSaaS, incredible job. BTrust, incredible jobs doing this, like, little spark. The next wave is the I think that needs to happen is on the entrepreneurial side, empowering those local communities to start these, small businesses or some sort of like solopreneur business. And we we talked about this quite a bit. One of the coolest businesses, I think, is servicing these dang miners. Like, they break. They need to be fixed.
And shipping it out, like, to China or whatever service station is cost prohibitive. Imagine if you had Tom White next door, be like, yeah, Tom. Can you come over here? You know, I'll pay you, like, you know, like some sats or a percentage from my hash, you know, on my machine to your wallet for servicing this back up. There's so many cool things that within the locale, they can do. So long story short, what I wanna do, and you're in, you're auto in. Thank you in advance. Surprise package. Surprise package. Is for the twenty four hours, we get 24 slots.
We invite these folks to come on wherever they are in the world, and we'll we'll organize this and start adding people, like, from plebs, minors, to community organizers and, tell their stories while we're doing the livestream. We'll we'll we'll do some fun stuff and, see what we can raise. I mean, heck, if we raise one s nine, probably not the best, you know, use of our time in terms of, what is it called? Time spent versus return, but I don't care. Like, even if it's just one s nine that we're able to donate and, like, start that little, spark within one, community, and then hopefully someone takes that and goes, I think it'll be pretty cool. So I'll leave it open to your thoughts, Iko.
[00:19:20] Unknown:
So big picture is we use the pod two fifty six twenty four hour telehash Correct. To raise either cash, sats, or hash Yes. Miners. Right? The the the physical machine, like people donating their old miners or new miners or whatever, not to be confused with the scam company, New Miner. But they they donate these things, and then we facilitate getting that to these communities in Africa with the help of Eric Hirschman from Gridless Compute?
[00:20:04] Unknown:
That is Do I am I seeing the picture? Correct. So, like, Eric's a good example. Right? So we are just, like, a a conduit. Right? Well, I don't like, for us to be on the fulfillment side, it'll fail. I just wanna help get it to some folks with this idea. And we need to make sure Eric's a 100% on board because I'm feel like I'm you know, not only did I bully you, but you're my boy. And I don't wanna bully him into doing this. So I wanna, like, play this out a little bit more. But, like yeah. Even if it's, like, a couple minors. Right? And he may not have the community space. It may be Bitcoin Akasi in South Africa. That'll take one or two.
And then I think there's, like, a framework, right, of and and I don't know how this is all gonna play out. But I when I toured Kaboom Racks, for example have you ever been to Kaboom Racks' office in, Arizona?
[00:20:52] Unknown:
No. I've just seen pictures and videos.
[00:20:55] Unknown:
Yeah. They have a whole repair shop and a repair team, like, with all the boards, with all the soldering equipment and all that stuff. I'm like, damn, this is badass. Imagine if they could have, like, just like an overhead YouTube camera, and it's like, hey. Here's how you, you know, put together this fan together. Right? And they put together a five, ten minute video. And maybe that's their contribution to this crazy project, but I think they can do more. Two, Foundry has a services arm supposedly that, you know, helps Pubco miners, you know, as a business unit, I believe.
You know, what if they're like, alright. It's kinda like the how Google has, like, 20% of their time to work on whatever open source projects and so on. What if some of these service folks were just, you know, 10% of their time was dedicated to helping services, service oriented miners in, emerging markets like Guatemala, like, you know, somewhere in Africa and so on. Because I think the key here is we need to empower the locals and they need to step up too. Meaning, like, they gotta raise their hand and be like, yeah, absolutely. You know, I don't wanna be my fear is, and this could happen, is we're sending a bunch of paperweights, you know, across the world, and they're just, like, got these, like, machines that then become paperweights, which, again, they'll figure it out because I believe in human ingenuity.
And I think over time, we'll just figure out where they, which communities we go and, offer this to. Because, like, I I think the the operations here, Ego, is, like, alright, we get the domain, then we point to, like, a geyser fund, you know, SATs, to donate SATs. Then we create, like, a type form. And, again, I don't know about, like, all the five zero one c three stuff. Like, we'll get somebody to, like, be the pass through that we trust. But you could donate the cash, like, with Stripe or whatever. And then the hash side, it's like, oh, I pledge, you know, one minor s nine. And it's like, don't send us the stuff that's broken, please. You know? Send us the one stuff that's, like, legit working. Maybe even the broken ones because then they could use it as a project to fix.
But I we'll we'll think through that. Does that make sense, Iko? No idea how this is all gonna play out, and, like, there's so much so many questions and so on. I will say this. All the plebs, I hope, especially in mining, that are doing really cool and innovative stuff around energy reuse, mining, messing around with miners specifically. Love to collaborate on this crazy telehash idea and invite you to either come to Nashville or join us on the livestream, and share your insights. Heck, point us some hash. Stream us some sats. Send us that old good old Fiat, and we'll figure out how, best to get it in the hands of these folks.
And, hopefully, we can spark something really cool.
[00:24:12] Unknown:
Well, kinda like we were talking about at the beginning of the show when you were recapping the HRF conference or summit, it, you know, it seems to me like there's there's people out there who have needs that, Bitcoin as a tool can fulfill. And so I would like to try and use pod two fifty six in our platform here to try and enable as many individuals as possible to have access to those freedom enabling tools. Right? So if we can somehow use pod two fifty six as a conduit to transfer Sats, cash, or hash to people who need to use those tools, then I would like to do that. So I guess, you know, that being said, I just for listeners who don't know I mean, can you give a little summary of who Eric Hirschman is and what gridless compute does?
[00:25:19] Unknown:
Yeah. I'm gonna butcher it. But they basically are creating, gridless like in the name. They're off grid and basically setting up these containers such that, entrepreneurs, I believe and and we should actually just bring them on the pod, so he can, jam on this. Yeah. And basically to set up their mining operations. So he's doing it at like a business level and where he's like, well, we should still help and get more individuals mining Bitcoin. And maybe they don't have the capital or the time to set up, you know, a gridless comp yeah, a gridless operation. But why if they were given an s nine or an s 19 j Pro, I think they would figure it out. And then all of a sudden, they're they're going around telling people, like, yeah. This is my FreedomBox. Let me tell tell you how this works.
And then showing it to their friends and family and so on.
[00:26:14] Unknown:
Right. Because, like, when when you're in a situation where you are cut off from basic financial services and you cannot interact with the world around you in a economical way, suddenly you realize that just by plugging this box into your outlet in your home, you're enabled to have access to this permissionless, censorship resistant means of exchange where you can start interacting with the world around you economically, and you have suddenly this very powerful financial tool at your disposal. And so, yeah, I think I think you're right. I think people will figure it out, you know, because it sounds like a lot of people in the world have very limited and very shitty options.
[00:27:06] Unknown:
Yep.
[00:27:07] Unknown:
And once people start learning that, they can turn electricity into Bitcoin and start using that as their financial tool. It's, you know, just speaking from my own experience, it's a very addicting concept. And, yeah, I think people, like, we've seen happen with the home miner movement or this renaissance that's been taking place over the last few years. Like, there's a lot of creative solutions and a lot of different eyes on this development, and they're coming up with a lot of cool ways to integrate Bitcoin mining into their homes and using it at an individual level. And all of these people who are doing it are are getting Bitcoin, and and I think that's great. So, yeah, I think, you know, definitely the same thing would happen if if we can get the tools into the hands of the people who are after them. So, like, what's your what are you thinking? Like, we how many miners how many miners can we how many miners can we send to Africa?
[00:28:17] Unknown:
Your size is my size. How many you think honestly, because I I I told Eric I may have been over served a couple drinks. I was like, I think we could do, like, 10,000. He's like, oh my god. Are you serious? I was like, no. A 100,000. I think we can do a 100,000. He's like, right. Like, what the no way. I was like, we can do a million. We can dig we can get these Pubcos going. They could figure out some donations, some accounting trick, you know, to save money and then also do good and blah blah blah. But, like, but here's where, I wanna I'm so bearish, Rod. I know. But here here's where my my, quick Attention.
My cousin did the Peace Corps in West Africa. So she was kind enough to invite me way many moons ago, like, twenty years ago or something like that, to, Ouagadougou Burkina Faso, which at the time, I think was, like, the fourth poorest country. If you have a chance to go visit West Africa, it's one of the most beautiful places in the world, beautiful people in Burkina, and, it was a really awesome trip. Anyways, like, a lot of these missions happen, but they don't, like, fulfill. They go and start something and drop it, but without, like, a plan to go and make it, fulfill and, like, empower the community.
Sometimes they do. Sometimes they don't. Anyways, the the key here, Iko, is yeah. Could we go and get a boatload of miners? I think, actually, we are gonna, like, cautiously optimistic on that front. But then I don't wanna have so much overhead where we're like, hey. We have so much of this, but we want to identify the right partners. Like, even saying, I know geography is your strong suit and, you know, saying Africa in general. Like, I wanna be as methodical as possible and start with one, like, one partner. Whether it's in, South Africa with Bitcoin and Kasi or maybe it's with Bob Space and Piccolo in, Bangkok, Thailand, or maybe it's with Diya in Indonesia and Bali, Indonesia or, Rishi in, Bitcoin Lake in Guatemala.
Maybe it's just one to start and we go and, like, give them the full stack. We let's say we raised, like, a quarter of a Bitcoin and got, like, ten minuteers and we just gave it to him, gave it to, Rishi and said, hey, Here's the like, I think what a plan could be. If you don't mind, we're gonna give this to you. You want it. Create the plan of what how it executes over the next twelve months and create the playbook as your only ask back to us with some, like, performance of, like, hey. We train two service people. They created three like, these businesses. We now, like, have demand for x amount of miners to come in, blah blah blah. And then we do it and if we're crazy, which we are eco, and we're like, alright. F it. We'll do it again. Now we got a playbook to give to other folks to go as a guide to go and implement.
And we know, like, here's the make and model of our Rishi. Right? And, like, you know, community organizer, bought into their local community, has a physical space, like and go down that checklist. And then we see, okay, these are the checklists of what we can have a higher probability of success, and let's go and be the spark in those communities. And then go from there. And then heck, I mean, I value my sleep. I try to get eight hours of sleep every night. And maybe, like, we've sparked it enough that we don't even have to do this crazy thing, and we can go, you know, and it's and it's on, like, Donkey Kong. So how do we get our hands on a million minors? Alright. This is this is where I gotta put on my my suit my suit jacket. Although, I got a polo on today, so I'm kinda suit ish.
[00:31:57] Unknown:
It's tucked in too, folks. Hey, dude.
[00:32:00] Unknown:
You know, I had to go to the school, tour with,
[00:32:05] Unknown:
Tangent.
[00:32:06] Unknown:
Had to go put on like, it was actually my kids go to Disneyland for kids. It's awesome. It's that's another day and story over there. But anyways Intention. Besides the, like, dress in a polo. What the you threw me off there. What was it? Oh, oh, how are we gonna get a million miners?
[00:32:28] Unknown:
Yeah. Yeah. What what you got? A million miners to give up.
[00:32:32] Unknown:
Okay. So first and foremost, you aim above the mark to hit the mark. I think Thomas Jefferson said that. Alright. We need 5,000,000 miners. Alright. So we're going for 10,000,000 miners. Okay. So Got it. How are we gonna do this? We know what are the what are our knowns? Know where our knowns are this. Minors get outdated. We got the having coming up. Miners break down. So what do pub I'm I'm actually curious about this. I don't know what to do. They probably sell them in the secondary, or write them off and just, like, dump the parts. I don't maybe recycle them, and maybe they get a tax credit or something like that. But what do the Pubcos and I should ask Ghazala from Riot and, some of the other Pubco miners. What do you do with your,
[00:33:21] Unknown:
old miners? That's a great question. I don't know. What
[00:33:25] Unknown:
what if there's a scenario where they're you know, they they just had a huge, new purchase order for What's Miners, I believe, or I think it was What's Miners. And, alright. Look, What's the process to, recycle those miners and putting the new gen in and taking the old gen out? What do you do with the old gen? How long are they sitting on your shelves? You got a beautiful plane that, like, flew in a bunch of those miners. Mhmm. Can we load it up and take it to x y z destination? You know? Like, the other thing about raising this the the cash and the sats eco, I feel like a lot of our costs are gonna be around shipping to these places, which is kind of annoying. Shipping to as well as shipping giving them enough sats to ship out in case they do need they don't have the expertise just yet to, to service them. Although I would really wanna push them to be like, you gotta here's one miner. Show us how you can, like, break it down, put it back together, break it down, put it back together. And then once that happens, we'll give you more. You know? So that they're, like, they're self sustainable, if you will, and not relying on any any additional real capital to make it work within the community. I think I would that would be a hard not a hard rule, but I would make it, like, a a strong guideline, if you will.
[00:34:46] Unknown:
I mean, maybe we could incentivize some, like, a competitive spirit among those who have all these miners. I like where your heads are. Like the like the Pubcos. Like, we could do, like, a, like, whoever donates the most hash rate in miners to pod two fifty six during the telehash becomes the honorary show sponsor for a year.
[00:35:12] Unknown:
That, yes. And Iko will join your board meeting fully suited, and ex and and thank you to your shareholders, to your executive team. Right, Iko? You're taking the words right out of my mouth. I love it. Brush off the suit. It's Sunday best. And, how about this? We'll also we'll I'm I'm going to meetings. Yeah. We'll we'll join your board, give you strategic guidance and consultation for free, help grow your business exponentially. But no. In all seriousness, I I think that's a fair trade. I mean, like, we don't have any show sponsors, and if you're gonna do all this stuff, like, why not? Like, your proof of work is in your the SaaS cash or hash, donation.
And then so so serious tangent?
[00:36:04] Unknown:
Tangent.
[00:36:06] Unknown:
I was thinking a lot about, like, public education and how it's all messed up, and here's Tom entering the chat ready to go. You know what we should do around that? And this kinda play applies to this community organizer, so hear me out. Imagine like, you know, back in the day, you used to put your name on buildings and all this stuff. It meant something. It's like my family built this road, my family did this or this group of families and so on. What if, you know, a family, a rich family supported the local pub sure. Our tax dollars should go towards this, and they should be fixing it, blah blah blah. But that's not the case.
What if, like, you took, like, as a charitable contribution, you're like, hey. The x y z school is now the, you know, supported by the the my my family. And where what are the things that they need at that specific school? Not all the schools, but that specific school. Shit. Our door is busted, or our playground needs, like, the landscaping done, or the jungle gym needs, like, you know, to be painted or whatever. Like, specific things to that school because each school is so different. Now fast forward to the communities. Bitcoin Mountain in Cameroon is completely different than Bitcoin Lake in Guatemala and their needs and the culture there versus, Bob's Space in in Thailand. Like, for us to say, hey. Here's the blanket. I mean, there's some guidelines that we can put in place, like, with the service side, like, all the the commonalities amongst them.
But, I guess my tangent here is on the PubCo side, it'd be cool if each PubCo was, like, supporting a region. And they're like, yeah. For the next five years, I'm gonna go support it with this because I know that Chiyo in Cameroon is gonna fulfill. I know Rishi in Guatemala is gonna go fulfill on this plan. Because they've seen some proof of work, and then they could their their brand reputational risk is less because of how much it's gonna fulfill. Their financial incentive is there because they're getting a tax deduction. So it's like a win win win across the board for everybody. And by the way, they're eating up a lot of freaking hash, and there's some centralization ranks amongst their, you know, group of consortium.
So in their best interest, they're decentralizing mining, so it's like taking away the freaking bullet the the bazooka from any, you know, central government away from them. So I again, I'm, like, getting even more bullish just talking about it because the incentives are all lining up here. And then I know there's gonna be some fucking motherfucker that's like, oh, the grid, you know, it's not stable. They don't have the power. I'm I'm hopeful that we're we're skating where the puck is going, that more and more people are gonna get Internet access. More and more people across the world are gonna get enter, you know, the their more energy access, whether that's through solar or some other renewable source like, you know, gridless using hydro. Right?
I'm betting on or we are betting on human ingenuity figuring this out. And so if we can enable just be that little push amongst these folks, god bless. Let's fucking
[00:39:14] Unknown:
go. Well, yeah. I mean, to your point about the someone's criticism that the grid is unstable, like, it it's kinda counterintuitive, but, like, putting that extra putting demand on the grid and breaking it is how it gets repaired and gets stronger. Like, it was kind of a running joke among myself and some others who had blown up transformers in their neighborhoods. Like, we were we were improving the grid one transformer at a time by overloading them and melting the wires at our house. So
[00:39:45] Unknown:
Dude, and and think about this, Iko. Right? Like, you're maybe in a community, and you're like, oh, I thought we were always supposed to be dependent on this group of people to provide us energy. Now imagine we're giving them an extra monetary incentive to figure out a, sovereign energy source. Again, I'm not like a big fan on solar, but let's use solar as a as an example here in, you know, a place that has 90% abundant, you know, sun or whatever it is. So there's like, okay. If they got somehow, some way that going and they got energy to charge their phones and, you know, you know, heat their home, let's say, and they're like, wait a minute.
Rather than, you know, using turning this heater on, we could replace the heater with this thing. And it is noisy, but that's the sound the freedom and our self sovereignty that makes. You like that, Tom? Freaking cut that. And, and we go. I mean, like, again, these are all ideas of what could happen. I don't live in any of these places. I don't wanna, like, speculate on what could happen. But if we could be the spark, maybe some even if one community That gets 15,000,000
[00:40:59] Unknown:
miners to Africa.
[00:41:01] Unknown:
It gives a 150,000,000 miners. How many how many miners are on, like, you know, plugged in right now, you think?
[00:41:08] Unknown:
I don't know. What are we at? 500 x a hash?
[00:41:12] Unknown:
Five hundred five hundred x a hash. I'm wrecked.
[00:41:15] Unknown:
I'm tired. I haven't looked at mempool in a while.
[00:41:18] Unknown:
I think we're at, like I think we touched over There's probably, like, 3,000,000,000 miners Yeah. I would say that. Right now. There's there's 3,000,000,000 and I think 1,000,000,000 are in Boston, Greenland, Africa. Carry the one. Niner four six.
[00:41:34] Unknown:
Oh, 373
[00:41:36] Unknown:
x in Ash. I think we top ticked a little over 400 recently. Someone was messing around, and we found out. So don't scare me with 500 because I'm not ready for that.
[00:41:49] Unknown:
Yeah. I mean, like, on the daily, on the one day windowed average, it's, let's see. It looks like it hit 501 exahash on September 15. There's a big spike. But that's why I don't use the one day average because it's just so unreliable. I mean, we really you know, we don't know what hash rate is. There's no way to actually know. It's just a guess. But Mhmm. It's some you could say based on the speed the blocks are being found and the current difficulty that there's probably somewhere around 373 exahash online right now.
[00:42:34] Unknown:
So we wanna double that in, across the world and just have it attributed to, pod two fifty six somehow. Not we don't want them the to have our own pool. And that's actually cool. We should talk to and be like, hey, man. How are we gonna do this, bro? Like, you know, mining like, what maybe the Lincoin could do some incentives as well, and they can get in the game and help us. I think just a lot of people will just jump jump in and help. Whether it's monetarily, whether it's technology, whether it's their their, like, expertise, There's so many different ways to help here.
[00:43:12] Unknown:
So have you talked to any Pubco? I mean No. Not like Literally. You're you're
[00:43:17] Unknown:
the
[00:43:18] Unknown:
second We're just unilaterally forcing them to volunteer and let go of their hash rate.
[00:43:25] Unknown:
Yes.
[00:43:26] Unknown:
Alright. But the main goal is to get freedom boxes into the hands of individuals in Africa.
[00:43:34] Unknown:
It it could be Africa. It could be anywhere. I I don't wanna limit it just to, one continent. I wanna I wanna get this idea out there, and I wanna see who wants to kinda raise their we're gonna do this, and we're gonna raise, like, the but I wanna see who's raising their hand to say, hey. Here's I think in my community, we have this space. We can do this if we got one, ten, five miners. So it could be in South and I wanna be even as specific as possible so so that people can see that this is gonna be fulfilled. So I wanna be like Bitcoin, Akase, and muscles shit. I'm gonna butcher his Muscle Bay. Muscle Bay. Thank you.
In South Africa. Right? Like, here's, like, x amount of boxes, who's servicing it, and, like and then, hopefully, Iko, over time, we're we're on the pod, we're telling this store the stories of this and helping amplify their stories and voice, across the way. And then, hopefully, it inspires, like, freaking some dude in, like, I don't know, Argentina. And they're like, heck. I mean, I want to create my own FreedomBox, you know, services company. And, and they start going. And they don't even need us. And they're just, like, doing it. And it builds into a great small business that's providing for their family. So I think the the steps are we're gonna get we're doing this. We'll get the content and the schedule and the live streams and so on. We'll get schnitzel.
We'll get the hot tub. We'll go that that'll be a good 2AM activity. Schnitzel, you're in, Avi. By the way if I start saying the words this, be honest with me. Don't fuck around. Be be honest if you know what I'm about to say. For real, for real, no cap on God, you straight bussin' eco. I have no idea what that means. Thank you. I had dude, I'm on stage. I I think it was grassroots Bitcoin, like, doing the BS ing between the, the panels or whatever. And, Wesley from the Tampa Bay meetup was like I think he said, like, no cap, and I wasn't paying attention. Rod, no cap or whatever. And then Jay from, BitDevs New York, legend Jay, who started BitDevs, starts, like, cackling laughing.
I'm like, Jay, what the fuck are you laughing at? He's like, you don't even know what this kid just said. I'm like, what? He didn't say anything. He's like he said no cap. And I still, to this day, don't know what no cap means. Let's look at the urban dictionary real quick. But he's like yeah. Then he's like, for real, for real, which is like f r f r in, the slang term. What is actually no cap? I know what straight bussing means. Like, I think that means I'm, like, making fun. Oh, no lie. For real. Okay. Cool. Yeah. No cap.
[00:46:26] Unknown:
No cap basically
[00:46:28] Unknown:
means that they're not lying. I'm all cap. Capping. Yeah. I'm not lying.
[00:46:33] Unknown:
They did something.
[00:46:34] Unknown:
Oh, cap. Oh. If someone says, I was capping, then that they'd say I was lying. But he said no cap. Cool. Okay. Good. That's why
[00:46:44] Unknown:
no cap for real for real on God is just three things you said that are the exact same thing.
[00:46:49] Unknown:
Oh, okay.
[00:46:51] Unknown:
So I keep repeating myself the same. Yeah. Basically, like, no cap is no lie. On God obviously is no lie. For real for real is no lie.
[00:46:59] Unknown:
Well, then what's straight bussin'?
[00:47:01] Unknown:
That one, I'm not a 100% sure on.
[00:47:04] Unknown:
So you were telling the truth, Rod?
[00:47:07] Unknown:
Always, brother. Straight bussin' no cap is quite a common. So straight bussin' means something that is extraordinarily
[00:47:15] Unknown:
bussin' or good.
[00:47:17] Unknown:
Okay. Oh, like good, no lie. Okay. Alright. So that that was a little segment for the kids to let them know that we're we're we're paying attention out there.
[00:47:30] Unknown:
I fucking hate it when you tell people. Sorry. I just gotta say this while we're on the subject. But I it drives me fucking crazy when I see people, like, shorthand text. Like, if they're going if they're saying going, but they write g o n n a. Gonna? Like, gonna. Yeah. Like, I I fucking hate that. It drives me insane. Like, all this shorthand shit. Like, the l o like, the acronyms are one thing, like, l o l w t f, like, laughing my ass off Yeah. For fuck's sake, whatever. Those are, you know, they're acronyms. Oh, FFS? Okay. Yeah. Yeah. But then, like Like creating
[00:48:18] Unknown:
the acronym and making it a word and then making it in like, an inside joke and then trying to say, like, and using it in the pub public?
[00:48:26] Unknown:
Is that Well, just just like knowing what you want to say, but then, like, disregarding the way to actually say it and and then just writing it in a sloppy way that's not actually the word, like gonna instead of going to. It just it drives me fucking nuts. Yeah.
[00:48:46] Unknown:
Intangent.
[00:48:47] Unknown:
Yeah. Sorry. All good. I had to get that off my chest. Kiddos.
[00:48:53] Unknown:
Ego's not gonna get bring his shotgun to the telehash and then say get off my lawn. We welcome all the kids. For real for real. Oh, god. Dude, and the problem with me, because my brain's so dumb, like, once he was telling me this, I, like, nonstop was just repeating it over and over and over and over, and people are like, okay, man. We get it. You're, like, trying to be cool. I'm like, I need to dress up as the Steve Buscemi guy, for this telehash too. I think I went actually, I'm like Like, in a tracksuit? Yeah. Like, you know that meme of, like, hey. Hello, fellow high school kids.
[00:49:30] Unknown:
Oh, yeah. Yeah. With this fucking music band shirt.
[00:49:36] Unknown:
By the way, we do have a shower here at the park, so we can figure out, like, a good, like, shower, quick, turnaround for us, just to give us some energy.
[00:49:47] Unknown:
I don't use shampoo. It's been it's been over a year, September 18.
[00:49:54] Unknown:
No lie. Wait. I should say no cap. Your flow looks good. Even though we don't have a video pod on this, you you're flow straight busting. See, you like it. For real, for real, you like this. I mean, I'm not gonna lie. No cap. It's kind of addictive to to say these, like
[00:50:13] Unknown:
You're you're culturally appropriating someone else's language, and I find it offensive. You're oppressing me.
[00:50:25] Unknown:
On God. Okay. So let's get back to, the pod. Alright. We're doing this. It's gonna be Tuesday, January 16 starting at 7PM at Bitcoin Park. We're gonna go twenty four hours to conclude at the monthly meetup at Bitcoin Park called Open House on January 17 at 7PM. You can join us, in RSVP for the meetups or any of our meetups at bitcoinpark.com/meetup. We'd love to see you. And this is a a what do they call it? We're still workshopping a lot of this stuff, and it's an idea. Gonna happen, but it's a work in progress. So, join us on this journey. Give us some feedback.
And, I don't know, Iko, if you had any other thoughts before we wrap.
[00:51:19] Unknown:
Well, I mean, I'm just thinking of, like, donations and I mean, I guess I'm getting caught up in the details a little bit, but No. No. We should. Time will tell.
[00:51:28] Unknown:
So so I feel like it's, Ethan Tuttle. And I'm gonna time's going with, like, a simple website. Shout out to Ethan. I think we get a simple Geyser Fund for Sats just to get those flowing. What what is Geyser Fund? It's like a it's like a Bitcoin focused,
[00:51:46] Unknown:
donation page, Geyser. I just, like, I don't you know, I wanna, like, I wanna make sure there's, like, privacy preserving options there for people so that, you know, we've got the pod two fifty six PayNim. Yep. That is a great way to make donations. The trade off is that you don't quite have the visibility like you would, just using, like, a static Bitcoin address. Yep. Right? And so but, you know, using as I think using, like, a static Bitcoin address, I don't think that's a a good option. And then, you know, also, I just I don't wanna make mistakes like people did during the Canadian trucker convoy.
You know, I just wanna I just I want it to be clean. I want it to work, and I I want people to know that if they send their Bitcoin, that it's actually going to the the cause that we're purporting it's going to. You know? Hell, yeah. So, I mean, there's just a lot of there's a few different dynamics there to think through. How about this?
[00:52:51] Unknown:
Let's workshop how best we can do it, and then we could just, you know, get the get the enthusiasm up. And then let yeah. Let's do it right. Let's not put this on me because I'll just ninja launch something so basic and so, like, bad. That's actually a good point. Maybe you you should be in, like, review that before we we do anything. Yeah. I mean You see how I you know, you just put on more work for yourself? No. That's fine. Okay.
[00:53:22] Unknown:
On I mean, if I'm gonna if I'm gonna be the perfectionist here, then I should step up and True. And, you know, oversee it and make sure it's done right.
[00:53:32] Unknown:
And, man, I'm like, on the on the entrepreneur side, like, I hope there's even if it's just one freaking guy or girl or just kid that's, like, becomes this amazing, FreedomBox service engineer, and they just found their calling. And they're like, I love fixing these boxes, and I get paid to do this now. That's gonna mean the world to me. I can't wait. Anyhoo. Alright. Thanks for tuning in. More to come, and, we'll see you next time. Thanks, everybody. Word was so nineties, what they'd say. Could you imagine our parents when they said word we said word to them. It's like, what's the word, you fucking ass clown? Listen. So you're not saying word to me. Say, yes, sir. No, ma'am. My That's right. That's right.
[00:54:31] Unknown:
And so I talk to my children. Yeah. Word.
[00:54:34] Unknown:
Word to your mother. Where's your mother? I remember I was
[00:54:38] Unknown:
maybe eight or nine, and I called my dad dude. That was a huge mistake. That was an error on my part. Immediate error. Dude. Yeah. No. I'm not dude. Thank you very much.
[00:54:55] Unknown:
I have such a bad habit of calling people dude. Yeah.
[00:54:59] Unknown:
Oh, no. That's it's just the the fabric of society is just, you know, deteriorating one, clicky buzzword at a time. Yeah.
[00:55:10] Unknown:
It's disgusting.
[00:55:12] Unknown:
We need to go back to Latin.
[00:55:14] Unknown:
I I I don't know if I'd go that far.
Dude, lots of people are excited. Like, lots of people.
[00:00:05] Unknown:
Excited about the telehash? Yeah. Yeah.
[00:00:09] Unknown:
I don't know if I could physically do this, though. I talk a big game. Oh, it's gonna be brutal. It's gonna be brutal. It's gonna be brutal. Yeah. Once you get into your forties, staying up all night isn't the same. It's not the same. I will say this. Here's two, alright. So, first, we'll just jam today on this idea. And I'm gonna preface it by saying it's an idea. The idea is gonna happen. Now, how well we execute on this and fulfill, your guess is as good as ours. But we're gonna we're gonna make it we're gonna do our best. Welcome to Pod two fifty six. Not a weekly Bitcoin podcast anymore, more of a monthly, but sometimes we go to weekly, especially with emergency pods like this, focused on mining, energy, and proof of work, hosted by me, Rod at BitKite, on Twitter, and you can also find me on Noster, and my other cohost of Pod two fifty six.
Just the one and only and greatest of all time, mister Econo Alchemist. Today is 09/21/2023. We're at Block Height 806614. Did not fact check that, so I hope Ico was right about that. And the having is due. That was from, like, a month ago. Shit. I knew it because I was like, fuck.
[00:01:35] Unknown:
We're at Block Height 808726.
[00:01:38] Unknown:
I know. Because I was I was looking at the block height for some reason. One of the block cut clocks, and I was just reading that. I'm like, that doesn't sound right. So sorry, what block height are we at? Eight hundred eight thousand seven hundred twenty six. Look up the day. Oh, we're at okay. So, buddy, you update the halving days, but you didn't update the block height? Correct.
[00:02:00] Unknown:
Yeah. Because, like, I start editing this sheet, like, half an hour before we record. And so, like, I didn't wanna put the block height in there, and then, like, three more blocks come in. Got it. And then we ninja launched it. Yep. You know what I mean? Yeah. And then I just I got distracted with my internet connectivity issues, and I forgot to update that metric. So my bad. I take full responsibility for this blunder. Okay.
[00:02:27] Unknown:
I can I never take responsibility for any blunder? So, yes, good job taking that one. And the halving is due in two hundred sixteen days according to our friends at coinwars.com. They're not the ones that changed their domain. Right? No. That was Bitrar changed to new hedge. That's right. We need to get yeah. We'll I keep saying this, but we should chat with them. They reached out to us. They should join us for this, idea we're gonna talk about here shortly. Alright. Finally, we are in episode number 29, and, we are just gonna talk about this idea, which was inspired, or we've always been talking about this idea, but now it's gonna happen because, of combos that I had last week at the inaugural Global Bitcoin Summit here in Nashville, Tennessee.
Thanks again to the Human Rights Foundation for partnering with us and coming up with the idea. It was, freaking awesome. You were try you're gonna try to come out for this, but life got in the way. Right, Iko?
[00:03:34] Unknown:
Yeah. I really wanted to be there. Dude, Gladstein has invited me to a couple of HRF events, and it just, you know, either during COVID or for whatever other reason, I just haven't been able to get out there. And, again, this time around, like, dude, I was on the precipice of complete and total life changes, like everything just getting turned upside down, and working very hard to kinda change course and get away from that, the edge of collapse there. But you did it. You're crushing it now. I did it. I'm doing it. Yeah. And, I you know, unfortunately, the timing was just bad for me. I just couldn't be out there. Yep. So
[00:04:18] Unknown:
I hear you. Life happens. Life happens. That's for dang sure. Well, let me give you a quick recap. We hosted a 100 or so, community organizers, activists, developers, just Bitcoiners, some amazing, amazing people that make me feel so, inferior to what they're doing and accomplishing. I'm being I'm not trying to be self deprecating at all, like, legit rock stars, which gave me even more energy to do even more and inspired me to even do more, in this short one life that we live. Six continents, over 55 countries, many of whom, for the first time, ever visited The United States Of America.
And I was talking to, like, some of my local Nashville friends about this. I'm like, imagine in this freaking world, the first time they step I mean, not step foot because there's no not many of them flew direct, but, like, the first real US experience was in Nashville, Tennessee versus, you know, your traditional New York, you know, California, Miami type, vibe. And it was really, really fun. That's awesome.
[00:05:34] Unknown:
What what was the summit like? Were they, like, sharing their efforts and activities and trying trying to, like, educate each other on what tools they're using and
[00:05:44] Unknown:
how they're defending freedom? Or So there was a bit of that for sure, where we had a number of folks, in the audience, helping, you know, from tooling around security to, using Bitcoin to organization. But it was what was really cool, one one of the components was around the circular economies, something that we're not doing I mean, and I take full responsibility about this. We get caught up in the rules and how hard it is to do the circular economy, and and we also don't have the pressure to make it happen. But we still should do I should do a better job of making that happen in my local community. But these guys are, like I I joke with them. I'm like, you're the real the real Bitcoiners. Like, you're using Bitcoin. You're doing Bitcoin. You're not just LARPing about Bitcoin. Like, from people in Honduras to Guatemala to Cameroon to Bangkok, Thailand to Indonesia, Australia, Tokyo, Japan. I mean, Nairobi, Kenya to South Africa.
I mean, all of these people came to Nashville, Tennessee. So to to that point, like, hearing their stories around, how they're organizing and doing Bitcoin grassroots community organization, was super inspiring. Yeah. So next time, like, hopefully, life, you know, you're able to go to one of those and, I I highly recommended Eco.
[00:07:24] Unknown:
Yeah. I mean, if I jump in on one thing. Oh, hey, Tom. Hey. So we had a woman, here who works with Alexi Novani, who is like the, you know, opposition to Putin and the way she talked about it, like, you know, first off, like trying to wire money into the country, like can't really do that. So for, for her and for many people, like Bitcoin is less of a choice and more just like a total lifeline. Totally. Like it's just not, it's not even like, Oh, we could choose all these different things. And like, we're just making this decision. It's like that they need it and it's working for them.
And it's just like, it was huge to, you know, see that person there like, Hey, this is really great. It's working for us, you know? Okay. Yeah, for sure. You know? Yeah. They don't they don't have the luxury of, like, credit cards, bank transfers Yeah. You know, traditional
[00:08:17] Unknown:
financial services. And so they're using the censorship resistant permissionless
[00:08:22] Unknown:
tools that actually work, which is Bitcoin. Yeah. Because when, you know, like, the sanctions punish, you know, Russia at large, like, it also punishes the people who are opposed to Putin. Yeah. Right? Right. And I was gonna have my, like,
[00:08:35] Unknown:
leave a more open mind right around crypto and other currencies and so on because I don't I'm not gonna project my, like, crazy beliefs on somebody else that's living a totally different, you know, circumstance. And they're like, no. I have to use whatever to do x y z. More power to you. But it was so real it was so to Tom's point, they really were using Bitcoin. Like, just Bitcoin was that lifeline. Bitcoin was the tool that enabled them to be more free. Not completely free because of, you know, many of the places that they're living, and what how they're, you know, stepping up. But, yeah, truly inspiring. And it makes it I'll say this, Tom. Like, it's pretty cool to play a small role in the Bitcoin world hearing those stories because, like, we're not making a difference, but, like, what we're doing for Bitcoin in general, I hope, with the meetups that we're hosting and the bit devs and all the community and education components, I think it's like a small little pebble that we're,
[00:09:41] Unknown:
that we're impacting. Yeah. The people, were, you know, just really thrilled to be able to come and, like, present what they've been working on and share with other people and connect with the other people there. And, like, just the fact that the space is here, you know, we've kind of fostered this, space and community for that to even have happened in the first place. I think was, you know, people really appreciated it. I really appreciated it. It was just, you know, it was great to have everybody want to be here and, like, be so engaged.
[00:10:10] Unknown:
Yeah. It was really a a really great group. And you crushed it, man. You were there for, like, three four days in a row in the event space, like, you know, running the iPad, running the AV. We we dollied in two eighty five inch TVs to make sure that the sound, the everything was perfect, man. You you're a legend. Thank you. Alright.
[00:10:31] Unknown:
So you're at this event, and then what happened? Everything. What happened to spark this idea? Okay. So
[00:10:39] Unknown:
we're probably joking, like, 90% of the the time with this whole telehash idea. First, Eco, the telehash is happening. Like, we're a 100% doing it. 100%. K. That's happening. You're coming to Nashville, me and you, seven to seven, we're doing it. And I'll I'll I'll I'll tease the date later so that people know, and the three people that show up can RSVP and make sure to come. Alright. Tom, you're doing this too. You're up with us for twenty four hours. We're going seven to seven. And here's the deal. Go ahead. What are you gonna say, Tom? No. That sounds great. I think it's, you know, I'm I'm in. I'm in, basically. I know you're you're gonna try to frame it that I wasn't in, but I am in. Well, you told me to fuck off earlier, I thought, when I when we're joking about it. You're like, I'm not staying up for twenty four hours to mess around with you guys. But I think you now appreciate the idea around this, and I think now you wanna contribute. So I think that's why you're in. Well, I'm also somebody who, like, at first, I might be like, I don't know. And then if it's, like, happening and we're gonna do it, like, I'm obviously gonna do it. Okay. Cool. Rock and roll. Alright. So did you know we're gonna have to probably cut this out because it makes me make me sound stupid. But, s 19 j Pro, you can plug into a two twenty volt outlet. Correct?
Yep. And it works. Mhmm. Dumbass Rod didn't realize in well, I knew kinda in Europe you could plug it in, but, like, obviously, their electricity prices are high, so I wasn't really thinking about it. And look, I get it. There's a lot of things going on in Africa, you know, stability of the grid, power issues, blah blah blah. I didn't know that they had two twenty volt outlets and they follow, like, the kind of the European style with their grid, and, you could just plug in an s 19 or a m three or a m 50 or whatever. Did you know that, Iko?
[00:12:36] Unknown:
I don't know very much about the interconnect grids in Africa, but it was my understanding that they followed similar infrastructure setup as GEAR UP. So, yeah, like, I just figured it was, like, two twenty outlets in residential homes,
[00:12:55] Unknown:
50 hertz. You see, Tom, that's this is why Iko's a nice guy. This is his kind way of saying, of course, I fucking knew that, you moron. Like, everybody knows that. And, I can't believe you're this excited around knowing just this. Anyways, so Eric Hersman, hope I pronounce his last name right, is just a stud. He's, at white African on Twitter. He's the cofounder of Gridless Compute. He flew in from well, he was already in The States, but he flew in from Kenya, and then now he's back in Kenya. Shout out to him. He's got a what? Tangent. Quick tangent. Shout out to him for hosting the, inaugural Africa Bitcoin Summit.
We should link to that in the show notes, Tom. He came here and then imagine hosting your own conference the first time ever, but being here and then, like, a day later, getting adjusted on the time zone and all that stuff and then hosting I don't know how many people the, his tweets look great. Other people tweeting about it looks awesome. Very, very bullish on him. Another quick tangent Tangent. And this is why we gotta kinda get back in the rhythm of this, Iko. Did I tell you this? He listens to every single pod two fifty six episode. That guy with a 100,000 plus followers, legend in the Bitcoin, mining space, built and sold a bunch of companies, like, proper guy. And he's like, oh, yeah. I'm I have their Loki board one queued up for the, you know, x my ride home. And, I can't wait to listen to that. I'm like, I know EcoSmart, but I'm a dumbass. Like, how why are you listening to this? And he's like, no. Awesome. And and and and this is Tangent.
The, the mining for the streets, shout out to Diverter, he, like, swear not swears by it, but he loves that. And he's like, how do we get more plugs in, Africa, mining at home? And so we had a long conversation about this. And he's like, yeah, you know, like, that they have the you know, obviously, the connectivity issues, and power issues or whatever. But we have two twenty volt outlets and you could just plug the dang thing in, you know. And I'm like, what? You have two twenty volt outlets. And I'm like, dude, these are just these miners are just freedom boxes. Imagine if we can just get a bunch of these miners to these community organizers to help disperse to train disperse them out. And you may not even know about Bitcoin, but you'll learn how this machine works.
And I till the day I die, I will bet on human ingenuity. I don't care what you you know right now, but I bet you, when push comes to shove, you will figure it out. And so now, like, the whole lead is this. Like, of course, I love the telehash. I would, you know, blah blah. And of course, me familia, if you wanna send me SATs, I will happily take it. I'm not, you know, for sure. But it was always like kinda like in my back, like, yeah, it's kinda me and Iko's like money grab around the telehash. But now, sats, cash, and hash.
Let's do it for twenty four hours, seven to seven, and raise a boatload of money or hash or cash, and figure out how we can activate, and empower some of these local communities that I've been fortunate enough to shake hands with to give them, one, give them a machine or machines, Two, train and give them the education. And this could be, like, whether it's KaboomRacks or Foundry with their services group to, like, create, and they should do this for free. They to train, like, on YouTube, like, how do you fix a control board? How do you fix a fan? And and give them the tools such that at the local level, let's say, you're Bitcoin Mountain in Cameroon or you're Bitcoin Akasi in South Africa, you're able to go to that community space, you got the miner, you got the miner disassembled, you're watching the videos, you're putting it back together, you're disassembling it again, you got a bunch of fans, you're putting them together, and you're learning by doing.
Great. Because I think the one piece, and I'll get off my tangent here, Iko, is HRF is doing an incredible job. Square, incredible job. OpenSaaS, incredible job. BTrust, incredible jobs doing this, like, little spark. The next wave is the I think that needs to happen is on the entrepreneurial side, empowering those local communities to start these, small businesses or some sort of like solopreneur business. And we we talked about this quite a bit. One of the coolest businesses, I think, is servicing these dang miners. Like, they break. They need to be fixed.
And shipping it out, like, to China or whatever service station is cost prohibitive. Imagine if you had Tom White next door, be like, yeah, Tom. Can you come over here? You know, I'll pay you, like, you know, like some sats or a percentage from my hash, you know, on my machine to your wallet for servicing this back up. There's so many cool things that within the locale, they can do. So long story short, what I wanna do, and you're in, you're auto in. Thank you in advance. Surprise package. Surprise package. Is for the twenty four hours, we get 24 slots.
We invite these folks to come on wherever they are in the world, and we'll we'll organize this and start adding people, like, from plebs, minors, to community organizers and, tell their stories while we're doing the livestream. We'll we'll we'll do some fun stuff and, see what we can raise. I mean, heck, if we raise one s nine, probably not the best, you know, use of our time in terms of, what is it called? Time spent versus return, but I don't care. Like, even if it's just one s nine that we're able to donate and, like, start that little, spark within one, community, and then hopefully someone takes that and goes, I think it'll be pretty cool. So I'll leave it open to your thoughts, Iko.
[00:19:20] Unknown:
So big picture is we use the pod two fifty six twenty four hour telehash Correct. To raise either cash, sats, or hash Yes. Miners. Right? The the the physical machine, like people donating their old miners or new miners or whatever, not to be confused with the scam company, New Miner. But they they donate these things, and then we facilitate getting that to these communities in Africa with the help of Eric Hirschman from Gridless Compute?
[00:20:04] Unknown:
That is Do I am I seeing the picture? Correct. So, like, Eric's a good example. Right? So we are just, like, a a conduit. Right? Well, I don't like, for us to be on the fulfillment side, it'll fail. I just wanna help get it to some folks with this idea. And we need to make sure Eric's a 100% on board because I'm feel like I'm you know, not only did I bully you, but you're my boy. And I don't wanna bully him into doing this. So I wanna, like, play this out a little bit more. But, like yeah. Even if it's, like, a couple minors. Right? And he may not have the community space. It may be Bitcoin Akasi in South Africa. That'll take one or two.
And then I think there's, like, a framework, right, of and and I don't know how this is all gonna play out. But I when I toured Kaboom Racks, for example have you ever been to Kaboom Racks' office in, Arizona?
[00:20:52] Unknown:
No. I've just seen pictures and videos.
[00:20:55] Unknown:
Yeah. They have a whole repair shop and a repair team, like, with all the boards, with all the soldering equipment and all that stuff. I'm like, damn, this is badass. Imagine if they could have, like, just like an overhead YouTube camera, and it's like, hey. Here's how you, you know, put together this fan together. Right? And they put together a five, ten minute video. And maybe that's their contribution to this crazy project, but I think they can do more. Two, Foundry has a services arm supposedly that, you know, helps Pubco miners, you know, as a business unit, I believe.
You know, what if they're like, alright. It's kinda like the how Google has, like, 20% of their time to work on whatever open source projects and so on. What if some of these service folks were just, you know, 10% of their time was dedicated to helping services, service oriented miners in, emerging markets like Guatemala, like, you know, somewhere in Africa and so on. Because I think the key here is we need to empower the locals and they need to step up too. Meaning, like, they gotta raise their hand and be like, yeah, absolutely. You know, I don't wanna be my fear is, and this could happen, is we're sending a bunch of paperweights, you know, across the world, and they're just, like, got these, like, machines that then become paperweights, which, again, they'll figure it out because I believe in human ingenuity.
And I think over time, we'll just figure out where they, which communities we go and, offer this to. Because, like, I I think the the operations here, Ego, is, like, alright, we get the domain, then we point to, like, a geyser fund, you know, SATs, to donate SATs. Then we create, like, a type form. And, again, I don't know about, like, all the five zero one c three stuff. Like, we'll get somebody to, like, be the pass through that we trust. But you could donate the cash, like, with Stripe or whatever. And then the hash side, it's like, oh, I pledge, you know, one minor s nine. And it's like, don't send us the stuff that's broken, please. You know? Send us the one stuff that's, like, legit working. Maybe even the broken ones because then they could use it as a project to fix.
But I we'll we'll think through that. Does that make sense, Iko? No idea how this is all gonna play out, and, like, there's so much so many questions and so on. I will say this. All the plebs, I hope, especially in mining, that are doing really cool and innovative stuff around energy reuse, mining, messing around with miners specifically. Love to collaborate on this crazy telehash idea and invite you to either come to Nashville or join us on the livestream, and share your insights. Heck, point us some hash. Stream us some sats. Send us that old good old Fiat, and we'll figure out how, best to get it in the hands of these folks.
And, hopefully, we can spark something really cool.
[00:24:12] Unknown:
Well, kinda like we were talking about at the beginning of the show when you were recapping the HRF conference or summit, it, you know, it seems to me like there's there's people out there who have needs that, Bitcoin as a tool can fulfill. And so I would like to try and use pod two fifty six in our platform here to try and enable as many individuals as possible to have access to those freedom enabling tools. Right? So if we can somehow use pod two fifty six as a conduit to transfer Sats, cash, or hash to people who need to use those tools, then I would like to do that. So I guess, you know, that being said, I just for listeners who don't know I mean, can you give a little summary of who Eric Hirschman is and what gridless compute does?
[00:25:19] Unknown:
Yeah. I'm gonna butcher it. But they basically are creating, gridless like in the name. They're off grid and basically setting up these containers such that, entrepreneurs, I believe and and we should actually just bring them on the pod, so he can, jam on this. Yeah. And basically to set up their mining operations. So he's doing it at like a business level and where he's like, well, we should still help and get more individuals mining Bitcoin. And maybe they don't have the capital or the time to set up, you know, a gridless comp yeah, a gridless operation. But why if they were given an s nine or an s 19 j Pro, I think they would figure it out. And then all of a sudden, they're they're going around telling people, like, yeah. This is my FreedomBox. Let me tell tell you how this works.
And then showing it to their friends and family and so on.
[00:26:14] Unknown:
Right. Because, like, when when you're in a situation where you are cut off from basic financial services and you cannot interact with the world around you in a economical way, suddenly you realize that just by plugging this box into your outlet in your home, you're enabled to have access to this permissionless, censorship resistant means of exchange where you can start interacting with the world around you economically, and you have suddenly this very powerful financial tool at your disposal. And so, yeah, I think I think you're right. I think people will figure it out, you know, because it sounds like a lot of people in the world have very limited and very shitty options.
[00:27:06] Unknown:
Yep.
[00:27:07] Unknown:
And once people start learning that, they can turn electricity into Bitcoin and start using that as their financial tool. It's, you know, just speaking from my own experience, it's a very addicting concept. And, yeah, I think people, like, we've seen happen with the home miner movement or this renaissance that's been taking place over the last few years. Like, there's a lot of creative solutions and a lot of different eyes on this development, and they're coming up with a lot of cool ways to integrate Bitcoin mining into their homes and using it at an individual level. And all of these people who are doing it are are getting Bitcoin, and and I think that's great. So, yeah, I think, you know, definitely the same thing would happen if if we can get the tools into the hands of the people who are after them. So, like, what's your what are you thinking? Like, we how many miners how many miners can we how many miners can we send to Africa?
[00:28:17] Unknown:
Your size is my size. How many you think honestly, because I I I told Eric I may have been over served a couple drinks. I was like, I think we could do, like, 10,000. He's like, oh my god. Are you serious? I was like, no. A 100,000. I think we can do a 100,000. He's like, right. Like, what the no way. I was like, we can do a million. We can dig we can get these Pubcos going. They could figure out some donations, some accounting trick, you know, to save money and then also do good and blah blah blah. But, like, but here's where, I wanna I'm so bearish, Rod. I know. But here here's where my my, quick Attention.
My cousin did the Peace Corps in West Africa. So she was kind enough to invite me way many moons ago, like, twenty years ago or something like that, to, Ouagadougou Burkina Faso, which at the time, I think was, like, the fourth poorest country. If you have a chance to go visit West Africa, it's one of the most beautiful places in the world, beautiful people in Burkina, and, it was a really awesome trip. Anyways, like, a lot of these missions happen, but they don't, like, fulfill. They go and start something and drop it, but without, like, a plan to go and make it, fulfill and, like, empower the community.
Sometimes they do. Sometimes they don't. Anyways, the the key here, Iko, is yeah. Could we go and get a boatload of miners? I think, actually, we are gonna, like, cautiously optimistic on that front. But then I don't wanna have so much overhead where we're like, hey. We have so much of this, but we want to identify the right partners. Like, even saying, I know geography is your strong suit and, you know, saying Africa in general. Like, I wanna be as methodical as possible and start with one, like, one partner. Whether it's in, South Africa with Bitcoin and Kasi or maybe it's with Bob Space and Piccolo in, Bangkok, Thailand, or maybe it's with Diya in Indonesia and Bali, Indonesia or, Rishi in, Bitcoin Lake in Guatemala.
Maybe it's just one to start and we go and, like, give them the full stack. We let's say we raised, like, a quarter of a Bitcoin and got, like, ten minuteers and we just gave it to him, gave it to, Rishi and said, hey, Here's the like, I think what a plan could be. If you don't mind, we're gonna give this to you. You want it. Create the plan of what how it executes over the next twelve months and create the playbook as your only ask back to us with some, like, performance of, like, hey. We train two service people. They created three like, these businesses. We now, like, have demand for x amount of miners to come in, blah blah blah. And then we do it and if we're crazy, which we are eco, and we're like, alright. F it. We'll do it again. Now we got a playbook to give to other folks to go as a guide to go and implement.
And we know, like, here's the make and model of our Rishi. Right? And, like, you know, community organizer, bought into their local community, has a physical space, like and go down that checklist. And then we see, okay, these are the checklists of what we can have a higher probability of success, and let's go and be the spark in those communities. And then go from there. And then heck, I mean, I value my sleep. I try to get eight hours of sleep every night. And maybe, like, we've sparked it enough that we don't even have to do this crazy thing, and we can go, you know, and it's and it's on, like, Donkey Kong. So how do we get our hands on a million minors? Alright. This is this is where I gotta put on my my suit my suit jacket. Although, I got a polo on today, so I'm kinda suit ish.
[00:31:57] Unknown:
It's tucked in too, folks. Hey, dude.
[00:32:00] Unknown:
You know, I had to go to the school, tour with,
[00:32:05] Unknown:
Tangent.
[00:32:06] Unknown:
Had to go put on like, it was actually my kids go to Disneyland for kids. It's awesome. It's that's another day and story over there. But anyways Intention. Besides the, like, dress in a polo. What the you threw me off there. What was it? Oh, oh, how are we gonna get a million miners?
[00:32:28] Unknown:
Yeah. Yeah. What what you got? A million miners to give up.
[00:32:32] Unknown:
Okay. So first and foremost, you aim above the mark to hit the mark. I think Thomas Jefferson said that. Alright. We need 5,000,000 miners. Alright. So we're going for 10,000,000 miners. Okay. So Got it. How are we gonna do this? We know what are the what are our knowns? Know where our knowns are this. Minors get outdated. We got the having coming up. Miners break down. So what do pub I'm I'm actually curious about this. I don't know what to do. They probably sell them in the secondary, or write them off and just, like, dump the parts. I don't maybe recycle them, and maybe they get a tax credit or something like that. But what do the Pubcos and I should ask Ghazala from Riot and, some of the other Pubco miners. What do you do with your,
[00:33:21] Unknown:
old miners? That's a great question. I don't know. What
[00:33:25] Unknown:
what if there's a scenario where they're you know, they they just had a huge, new purchase order for What's Miners, I believe, or I think it was What's Miners. And, alright. Look, What's the process to, recycle those miners and putting the new gen in and taking the old gen out? What do you do with the old gen? How long are they sitting on your shelves? You got a beautiful plane that, like, flew in a bunch of those miners. Mhmm. Can we load it up and take it to x y z destination? You know? Like, the other thing about raising this the the cash and the sats eco, I feel like a lot of our costs are gonna be around shipping to these places, which is kind of annoying. Shipping to as well as shipping giving them enough sats to ship out in case they do need they don't have the expertise just yet to, to service them. Although I would really wanna push them to be like, you gotta here's one miner. Show us how you can, like, break it down, put it back together, break it down, put it back together. And then once that happens, we'll give you more. You know? So that they're, like, they're self sustainable, if you will, and not relying on any any additional real capital to make it work within the community. I think I would that would be a hard not a hard rule, but I would make it, like, a a strong guideline, if you will.
[00:34:46] Unknown:
I mean, maybe we could incentivize some, like, a competitive spirit among those who have all these miners. I like where your heads are. Like the like the Pubcos. Like, we could do, like, a, like, whoever donates the most hash rate in miners to pod two fifty six during the telehash becomes the honorary show sponsor for a year.
[00:35:12] Unknown:
That, yes. And Iko will join your board meeting fully suited, and ex and and thank you to your shareholders, to your executive team. Right, Iko? You're taking the words right out of my mouth. I love it. Brush off the suit. It's Sunday best. And, how about this? We'll also we'll I'm I'm going to meetings. Yeah. We'll we'll join your board, give you strategic guidance and consultation for free, help grow your business exponentially. But no. In all seriousness, I I think that's a fair trade. I mean, like, we don't have any show sponsors, and if you're gonna do all this stuff, like, why not? Like, your proof of work is in your the SaaS cash or hash, donation.
And then so so serious tangent?
[00:36:04] Unknown:
Tangent.
[00:36:06] Unknown:
I was thinking a lot about, like, public education and how it's all messed up, and here's Tom entering the chat ready to go. You know what we should do around that? And this kinda play applies to this community organizer, so hear me out. Imagine like, you know, back in the day, you used to put your name on buildings and all this stuff. It meant something. It's like my family built this road, my family did this or this group of families and so on. What if, you know, a family, a rich family supported the local pub sure. Our tax dollars should go towards this, and they should be fixing it, blah blah blah. But that's not the case.
What if, like, you took, like, as a charitable contribution, you're like, hey. The x y z school is now the, you know, supported by the the my my family. And where what are the things that they need at that specific school? Not all the schools, but that specific school. Shit. Our door is busted, or our playground needs, like, the landscaping done, or the jungle gym needs, like, you know, to be painted or whatever. Like, specific things to that school because each school is so different. Now fast forward to the communities. Bitcoin Mountain in Cameroon is completely different than Bitcoin Lake in Guatemala and their needs and the culture there versus, Bob's Space in in Thailand. Like, for us to say, hey. Here's the blanket. I mean, there's some guidelines that we can put in place, like, with the service side, like, all the the commonalities amongst them.
But, I guess my tangent here is on the PubCo side, it'd be cool if each PubCo was, like, supporting a region. And they're like, yeah. For the next five years, I'm gonna go support it with this because I know that Chiyo in Cameroon is gonna fulfill. I know Rishi in Guatemala is gonna go fulfill on this plan. Because they've seen some proof of work, and then they could their their brand reputational risk is less because of how much it's gonna fulfill. Their financial incentive is there because they're getting a tax deduction. So it's like a win win win across the board for everybody. And by the way, they're eating up a lot of freaking hash, and there's some centralization ranks amongst their, you know, group of consortium.
So in their best interest, they're decentralizing mining, so it's like taking away the freaking bullet the the bazooka from any, you know, central government away from them. So I again, I'm, like, getting even more bullish just talking about it because the incentives are all lining up here. And then I know there's gonna be some fucking motherfucker that's like, oh, the grid, you know, it's not stable. They don't have the power. I'm I'm hopeful that we're we're skating where the puck is going, that more and more people are gonna get Internet access. More and more people across the world are gonna get enter, you know, the their more energy access, whether that's through solar or some other renewable source like, you know, gridless using hydro. Right?
I'm betting on or we are betting on human ingenuity figuring this out. And so if we can enable just be that little push amongst these folks, god bless. Let's fucking
[00:39:14] Unknown:
go. Well, yeah. I mean, to your point about the someone's criticism that the grid is unstable, like, it it's kinda counterintuitive, but, like, putting that extra putting demand on the grid and breaking it is how it gets repaired and gets stronger. Like, it was kind of a running joke among myself and some others who had blown up transformers in their neighborhoods. Like, we were we were improving the grid one transformer at a time by overloading them and melting the wires at our house. So
[00:39:45] Unknown:
Dude, and and think about this, Iko. Right? Like, you're maybe in a community, and you're like, oh, I thought we were always supposed to be dependent on this group of people to provide us energy. Now imagine we're giving them an extra monetary incentive to figure out a, sovereign energy source. Again, I'm not like a big fan on solar, but let's use solar as a as an example here in, you know, a place that has 90% abundant, you know, sun or whatever it is. So there's like, okay. If they got somehow, some way that going and they got energy to charge their phones and, you know, you know, heat their home, let's say, and they're like, wait a minute.
Rather than, you know, using turning this heater on, we could replace the heater with this thing. And it is noisy, but that's the sound the freedom and our self sovereignty that makes. You like that, Tom? Freaking cut that. And, and we go. I mean, like, again, these are all ideas of what could happen. I don't live in any of these places. I don't wanna, like, speculate on what could happen. But if we could be the spark, maybe some even if one community That gets 15,000,000
[00:40:59] Unknown:
miners to Africa.
[00:41:01] Unknown:
It gives a 150,000,000 miners. How many how many miners are on, like, you know, plugged in right now, you think?
[00:41:08] Unknown:
I don't know. What are we at? 500 x a hash?
[00:41:12] Unknown:
Five hundred five hundred x a hash. I'm wrecked.
[00:41:15] Unknown:
I'm tired. I haven't looked at mempool in a while.
[00:41:18] Unknown:
I think we're at, like I think we touched over There's probably, like, 3,000,000,000 miners Yeah. I would say that. Right now. There's there's 3,000,000,000 and I think 1,000,000,000 are in Boston, Greenland, Africa. Carry the one. Niner four six.
[00:41:34] Unknown:
Oh, 373
[00:41:36] Unknown:
x in Ash. I think we top ticked a little over 400 recently. Someone was messing around, and we found out. So don't scare me with 500 because I'm not ready for that.
[00:41:49] Unknown:
Yeah. I mean, like, on the daily, on the one day windowed average, it's, let's see. It looks like it hit 501 exahash on September 15. There's a big spike. But that's why I don't use the one day average because it's just so unreliable. I mean, we really you know, we don't know what hash rate is. There's no way to actually know. It's just a guess. But Mhmm. It's some you could say based on the speed the blocks are being found and the current difficulty that there's probably somewhere around 373 exahash online right now.
[00:42:34] Unknown:
So we wanna double that in, across the world and just have it attributed to, pod two fifty six somehow. Not we don't want them the to have our own pool. And that's actually cool. We should talk to and be like, hey, man. How are we gonna do this, bro? Like, you know, mining like, what maybe the Lincoin could do some incentives as well, and they can get in the game and help us. I think just a lot of people will just jump jump in and help. Whether it's monetarily, whether it's technology, whether it's their their, like, expertise, There's so many different ways to help here.
[00:43:12] Unknown:
So have you talked to any Pubco? I mean No. Not like Literally. You're you're
[00:43:17] Unknown:
the
[00:43:18] Unknown:
second We're just unilaterally forcing them to volunteer and let go of their hash rate.
[00:43:25] Unknown:
Yes.
[00:43:26] Unknown:
Alright. But the main goal is to get freedom boxes into the hands of individuals in Africa.
[00:43:34] Unknown:
It it could be Africa. It could be anywhere. I I don't wanna limit it just to, one continent. I wanna I wanna get this idea out there, and I wanna see who wants to kinda raise their we're gonna do this, and we're gonna raise, like, the but I wanna see who's raising their hand to say, hey. Here's I think in my community, we have this space. We can do this if we got one, ten, five miners. So it could be in South and I wanna be even as specific as possible so so that people can see that this is gonna be fulfilled. So I wanna be like Bitcoin, Akase, and muscles shit. I'm gonna butcher his Muscle Bay. Muscle Bay. Thank you.
In South Africa. Right? Like, here's, like, x amount of boxes, who's servicing it, and, like and then, hopefully, Iko, over time, we're we're on the pod, we're telling this store the stories of this and helping amplify their stories and voice, across the way. And then, hopefully, it inspires, like, freaking some dude in, like, I don't know, Argentina. And they're like, heck. I mean, I want to create my own FreedomBox, you know, services company. And, and they start going. And they don't even need us. And they're just, like, doing it. And it builds into a great small business that's providing for their family. So I think the the steps are we're gonna get we're doing this. We'll get the content and the schedule and the live streams and so on. We'll get schnitzel.
We'll get the hot tub. We'll go that that'll be a good 2AM activity. Schnitzel, you're in, Avi. By the way if I start saying the words this, be honest with me. Don't fuck around. Be be honest if you know what I'm about to say. For real, for real, no cap on God, you straight bussin' eco. I have no idea what that means. Thank you. I had dude, I'm on stage. I I think it was grassroots Bitcoin, like, doing the BS ing between the, the panels or whatever. And, Wesley from the Tampa Bay meetup was like I think he said, like, no cap, and I wasn't paying attention. Rod, no cap or whatever. And then Jay from, BitDevs New York, legend Jay, who started BitDevs, starts, like, cackling laughing.
I'm like, Jay, what the fuck are you laughing at? He's like, you don't even know what this kid just said. I'm like, what? He didn't say anything. He's like he said no cap. And I still, to this day, don't know what no cap means. Let's look at the urban dictionary real quick. But he's like yeah. Then he's like, for real, for real, which is like f r f r in, the slang term. What is actually no cap? I know what straight bussing means. Like, I think that means I'm, like, making fun. Oh, no lie. For real. Okay. Cool. Yeah. No cap.
[00:46:26] Unknown:
No cap basically
[00:46:28] Unknown:
means that they're not lying. I'm all cap. Capping. Yeah. I'm not lying.
[00:46:33] Unknown:
They did something.
[00:46:34] Unknown:
Oh, cap. Oh. If someone says, I was capping, then that they'd say I was lying. But he said no cap. Cool. Okay. Good. That's why
[00:46:44] Unknown:
no cap for real for real on God is just three things you said that are the exact same thing.
[00:46:49] Unknown:
Oh, okay.
[00:46:51] Unknown:
So I keep repeating myself the same. Yeah. Basically, like, no cap is no lie. On God obviously is no lie. For real for real is no lie.
[00:46:59] Unknown:
Well, then what's straight bussin'?
[00:47:01] Unknown:
That one, I'm not a 100% sure on.
[00:47:04] Unknown:
So you were telling the truth, Rod?
[00:47:07] Unknown:
Always, brother. Straight bussin' no cap is quite a common. So straight bussin' means something that is extraordinarily
[00:47:15] Unknown:
bussin' or good.
[00:47:17] Unknown:
Okay. Oh, like good, no lie. Okay. Alright. So that that was a little segment for the kids to let them know that we're we're we're paying attention out there.
[00:47:30] Unknown:
I fucking hate it when you tell people. Sorry. I just gotta say this while we're on the subject. But I it drives me fucking crazy when I see people, like, shorthand text. Like, if they're going if they're saying going, but they write g o n n a. Gonna? Like, gonna. Yeah. Like, I I fucking hate that. It drives me insane. Like, all this shorthand shit. Like, the l o like, the acronyms are one thing, like, l o l w t f, like, laughing my ass off Yeah. For fuck's sake, whatever. Those are, you know, they're acronyms. Oh, FFS? Okay. Yeah. Yeah. But then, like Like creating
[00:48:18] Unknown:
the acronym and making it a word and then making it in like, an inside joke and then trying to say, like, and using it in the pub public?
[00:48:26] Unknown:
Is that Well, just just like knowing what you want to say, but then, like, disregarding the way to actually say it and and then just writing it in a sloppy way that's not actually the word, like gonna instead of going to. It just it drives me fucking nuts. Yeah.
[00:48:46] Unknown:
Intangent.
[00:48:47] Unknown:
Yeah. Sorry. All good. I had to get that off my chest. Kiddos.
[00:48:53] Unknown:
Ego's not gonna get bring his shotgun to the telehash and then say get off my lawn. We welcome all the kids. For real for real. Oh, god. Dude, and the problem with me, because my brain's so dumb, like, once he was telling me this, I, like, nonstop was just repeating it over and over and over and over, and people are like, okay, man. We get it. You're, like, trying to be cool. I'm like, I need to dress up as the Steve Buscemi guy, for this telehash too. I think I went actually, I'm like Like, in a tracksuit? Yeah. Like, you know that meme of, like, hey. Hello, fellow high school kids.
[00:49:30] Unknown:
Oh, yeah. Yeah. With this fucking music band shirt.
[00:49:36] Unknown:
By the way, we do have a shower here at the park, so we can figure out, like, a good, like, shower, quick, turnaround for us, just to give us some energy.
[00:49:47] Unknown:
I don't use shampoo. It's been it's been over a year, September 18.
[00:49:54] Unknown:
No lie. Wait. I should say no cap. Your flow looks good. Even though we don't have a video pod on this, you you're flow straight busting. See, you like it. For real, for real, you like this. I mean, I'm not gonna lie. No cap. It's kind of addictive to to say these, like
[00:50:13] Unknown:
You're you're culturally appropriating someone else's language, and I find it offensive. You're oppressing me.
[00:50:25] Unknown:
On God. Okay. So let's get back to, the pod. Alright. We're doing this. It's gonna be Tuesday, January 16 starting at 7PM at Bitcoin Park. We're gonna go twenty four hours to conclude at the monthly meetup at Bitcoin Park called Open House on January 17 at 7PM. You can join us, in RSVP for the meetups or any of our meetups at bitcoinpark.com/meetup. We'd love to see you. And this is a a what do they call it? We're still workshopping a lot of this stuff, and it's an idea. Gonna happen, but it's a work in progress. So, join us on this journey. Give us some feedback.
And, I don't know, Iko, if you had any other thoughts before we wrap.
[00:51:19] Unknown:
Well, I mean, I'm just thinking of, like, donations and I mean, I guess I'm getting caught up in the details a little bit, but No. No. We should. Time will tell.
[00:51:28] Unknown:
So so I feel like it's, Ethan Tuttle. And I'm gonna time's going with, like, a simple website. Shout out to Ethan. I think we get a simple Geyser Fund for Sats just to get those flowing. What what is Geyser Fund? It's like a it's like a Bitcoin focused,
[00:51:46] Unknown:
donation page, Geyser. I just, like, I don't you know, I wanna, like, I wanna make sure there's, like, privacy preserving options there for people so that, you know, we've got the pod two fifty six PayNim. Yep. That is a great way to make donations. The trade off is that you don't quite have the visibility like you would, just using, like, a static Bitcoin address. Yep. Right? And so but, you know, using as I think using, like, a static Bitcoin address, I don't think that's a a good option. And then, you know, also, I just I don't wanna make mistakes like people did during the Canadian trucker convoy.
You know, I just wanna I just I want it to be clean. I want it to work, and I I want people to know that if they send their Bitcoin, that it's actually going to the the cause that we're purporting it's going to. You know? Hell, yeah. So, I mean, there's just a lot of there's a few different dynamics there to think through. How about this?
[00:52:51] Unknown:
Let's workshop how best we can do it, and then we could just, you know, get the get the enthusiasm up. And then let yeah. Let's do it right. Let's not put this on me because I'll just ninja launch something so basic and so, like, bad. That's actually a good point. Maybe you you should be in, like, review that before we we do anything. Yeah. I mean You see how I you know, you just put on more work for yourself? No. That's fine. Okay.
[00:53:22] Unknown:
On I mean, if I'm gonna if I'm gonna be the perfectionist here, then I should step up and True. And, you know, oversee it and make sure it's done right.
[00:53:32] Unknown:
And, man, I'm like, on the on the entrepreneur side, like, I hope there's even if it's just one freaking guy or girl or just kid that's, like, becomes this amazing, FreedomBox service engineer, and they just found their calling. And they're like, I love fixing these boxes, and I get paid to do this now. That's gonna mean the world to me. I can't wait. Anyhoo. Alright. Thanks for tuning in. More to come, and, we'll see you next time. Thanks, everybody. Word was so nineties, what they'd say. Could you imagine our parents when they said word we said word to them. It's like, what's the word, you fucking ass clown? Listen. So you're not saying word to me. Say, yes, sir. No, ma'am. My That's right. That's right.
[00:54:31] Unknown:
And so I talk to my children. Yeah. Word.
[00:54:34] Unknown:
Word to your mother. Where's your mother? I remember I was
[00:54:38] Unknown:
maybe eight or nine, and I called my dad dude. That was a huge mistake. That was an error on my part. Immediate error. Dude. Yeah. No. I'm not dude. Thank you very much.
[00:54:55] Unknown:
I have such a bad habit of calling people dude. Yeah.
[00:54:59] Unknown:
Oh, no. That's it's just the the fabric of society is just, you know, deteriorating one, clicky buzzword at a time. Yeah.
[00:55:10] Unknown:
It's disgusting.
[00:55:12] Unknown:
We need to go back to Latin.
[00:55:14] Unknown:
I I I don't know if I'd go that far.
