May 30, 2018

Podcast: Tushar and Dhruv discuss ASIC mining, Chia, and mining decentralization

by Tushar Jain

I recently chatted with Dhruv Bansal, Co-Founder and CSO of Unchained Capital, on Conversations with Multicoin Capital. Dhruv is one of the brightest minds in crypto and had tremendous insights. Here is the link.

We discussed a variety of topics including:

  • Dhruv’s background and his introduction to crypto
  • The origin story of Unchained Capital
  • The importance of Bitcoin’s Proof of Work consensus mechanism
  • Chia Network’s novel consensus algorithm, Proof of Space and Time (PoST)
  • Opportunities for building specialized Chia farming hard drives
  • Is the war against ASICs worth fighting?
  • Is Bitcoin’s energy usage inherently bad?
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