Nishant Sharma: Bitmain ‘” Rising to Mining Dominance

Bitmain is one of the most well known, and one of the most polarizing companies in the blockchain space. The largest ASIC manufacturer and operator of several mining pools, Bitmain is the center of many controversies and discussions around centralization in the space. But not only is it the subject of discussion, Bitmain breaks out of the ‘œpassive miner’ stereotype and is very active in many of the discussions in the community, most notably the Great Scaling Debates. In this episode, we sit down with Nishant Sharma, Head of Community Relations, who is responsible for acting as a bridge between the Bitmain company and the many communities it interacts with through its mining and ASIC operations. We explore the origins of Bitmain and its founders, the economics of ASIC production, its past and current relationships with different communities, and the future of the company.Topics discussed in this episode:Nishant’s Story in the Bitcoin mining space and how it led to joining BitmainOrigin of Bitmain and its founders, notably Jihan WuDoes Bitmain contribute to centralization in the blockchain spaceHow Bitmain maintains its superiority in the ASIC manufacturing spaceEconomics of ASIC production and manufacturingBalancing business models of ASIC production, operating multiple mining pools, and exploring new verticalsBitmain’s role in blockchain debates like the scaling debate, Bitcoin Cash split, and ProgPowLinks mentioned in this episode:Bitmain WebsiteNishant on TwitterBitmain on TwitterFallout: Everyone’s a loser after Bitcoin Cash split ‘” Brave New CoinBitmain PoolAntpoolLeaked Transcript Details Power Struggle Inside Bitcoin Mining GiantBitmain ‘” CoinDeskDovey Wan on TwitterSponsors:Vaultoro: Trade gold to Bitcoin instantly and securely starting at just 1mgCosmos: Change the future of finance at the SF Blockchain Week Defi Hackathon ‘” $50,000 prize pool for winning teamsThis episode is hosted by Sunny Aggarwal. Show notes and listening options:
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