He’s back. We welcome CarCampIt onto the podcast for the second week in a row, but this time we’re talking about something completely different. Car wrote a piece on Medium called “Bitmain 51% attack funded by an IPO?” where he breaks down how the currency and mining works for those completely unfamiliar with Bitcoin and then lays out a case that shows how Bitmain, the huge Bitcoin and Bitcoin Cash mining operation/ASIC manufacturer, may be in the midst of trying to pull of a scam of epic proportions.
Items discussed
Bitmain 51% attack funded by an IPO?
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Car on Medium
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Podcast version