TIMESTAMPS: 00:00 - Intro 01:16 - Meet Skot, the mind behind Bitaxe 02:34 - From IoT projects to bitcoin mining innovation 05:20 - Skot’s bitcoin origin story and the PayPal saga 09:35 - Mining bitcoin with university lab FPGAs 12:11 - Why Skot started the first open-source ASIC miner 14:55 - The challenges of open-source bitcoin mining hardware 19:59 - Bitaxe vs. Bitmain: efficiency showdown 21:25 - Who’s building Bitaxes and why? 25:01 - The importance of open-source mining for bitcoin’s future 28:26 - Can Bitaxe become a significant part of bitcoin’s hash rate? 33:39 - The dream of decentralized mining in household devices 41:02 - The future of bitcoin mining: big grids vs. home miners 47:06 - Skot’s take on mining centralization risks 53:37 - How open-source mining could save bitcoin