Bob Burnett: Block Space Scarcity and the Need For Layer 2s to Scale

Sep 14, 2023

Bob Burnett is the founder and CEO of Barefoot Mining, focusing on the development of “horse-class” mining sites. He’s founded several companies in the Bitcoin mining space, and is a vocal proponent for the expansion of diversity in Bitcoin mining site geography, scale, and energy sources.

In this episode we discuss:

• Working on early computers at Gateway and turning the HQ into a Bitcoin mining facility
• Protecting the integrity of the Bitcoin base layer
• Bitcoin blockchain as the 'most precious real estate in the world'
• Full blocks and 300,000+ transactions awaiting confirmation
• Bitcoin scaling through layer 2s like Lightning and Fedi
• Block fees poised to increase
• Will there be a Blocksize Wars Part II -- Block *Time* Wars?
• Will people be able to afford to hold their own keys?

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This podcast is for educational purposes and should not be construed as official investment advice.

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