₿🗣️ Bitcoin Munich – Bitaxe Open Source Mining ⛏️
Tonight we’re taking Bitcoin back to the roots with Open Source Mining.
In this talk, we highlight the Bitaxe project, a groundbreaking initiative that takes Bitcoin mining back to its roots. The Bitaxe project stands for a return to the fundamental principles of Bitcoin: decentralization, transparency and community participation.
Central to the project is the development of open source hardware for Bitcoin ASIC miners. This approach stands in contrast to the current mining landscape, which is dominated by proprietary, closed software and a centralization of mining power in large data centers.
We look at the technical aspects of the Bitaxe project, including the use of the advanced ASIC chip BM1366. This technology enables even smaller players to participate efficiently in Bitcoin mining and thus strengthens the decentralization of the network.
An important aspect of the project is the “democratization of mining”. By providing open source designs, Bitaxe gives everyone the opportunity to participate in the mining process. This promotes an inclusive and transparent mining community and is in line with the original spirit of Bitcoin.
Finally, we discuss the impact of the Bitaxe project on the Bitcoin mining industry. We highlight how Bitaxe is not only changing the way we think about Bitcoin mining, but also setting new standards for transparency, efficiency and community participation in the mining process.
Speakers:
- https://twitter.com/ClueWant
- https://twitter.com/TheSoloMiningCo
- https://twitter.com/MolonLabeVC
- https://twitter.com/skot9000
Language: English
📅 Wednesday, February 28, 2024
🕔 Time: 6:00 PM – 11:59 PM CET
📍 Stemmerhof Studios
Plinganserstraße 6 · München, BY
👉 RSVP
✨ The Bitcoin Munich is a loosely structured group of enthusiasts, developers, students, entrepreneurs, techies, hackers, activists, artists and other folks. We organize informal gatherings like the monthly Stammtisch, plus workshops, as well as events with talks, presentations, tech-demos, and moderated discussion rounds.