35: iPhone Vape

Episode 100 celebration! Hopefully more to come!

Episode 100 idea: Bitcoin Dad's guest appearance (if he is up for it of course)

+1 to expanding the updates section discussing the implications of changes Also +1 to what bitcoin.conf settings you run and why

Thank you for this episode

Welcome back from SCALE! I'm curious if you saw any Bitcoin usage while you were there. I started listening to you because of Linux and then you introduced me to Bitcoin. The reason why I'm so passionate about Bitcoin now are a lot of the same reasons I've been passionate about Linux since 2014 so it seems like it would be a great fit.

Huge update on JB mining pool coming soon. Chris, please contact me to discuss some details

Thanks for the boost question in the show notes, great addition to the notes

I am an IT sysadmin that also enjoys coding. LLMs have changed by job a little bit in that I don't have to spend as much time sorting through search results to find solutions to my problems. I'm able to find things sooner and have answers that are more catered to the problem that I am having. For coding, I enjoy doing it and I don't have a pressure to release anything faster than normal so agentic coding hasn't really been a huge part of it yet. If there was a pressure to ship mostly functional programs sooner, I might be using it more but at the moment it is just a fabulous search tool

Chris, I will buy you a bitaxe. Tell me which one and where to ship it. I'm almost done setting up a pool server so we can have a JB Pool

Catching up, regarding the poverty line, I spend over 23k on housing and I'm in the Midwest in a rural area. What gets me is that all these "experts" never update their formulas even though everything is constantly changing around them. Why do you think that is?

QT is over. Bring on the money printer!

For those asking: Mining pool update I have a proof of concept set up. However it is based on the project called P2PoolV2. The payout system doesn't work yet so there's no point for me to share the link and for us to burn energy without a reward. The pool by default uses PPLNS shares but there are other payout methods being implemented. I will update again when there is a minimum viable product of P2PoolV2 available

I loved having an episode with Wes and Brent! Now I have so many more things that I want to do with my node!

I'm also rethinking my cold storage situation. I wrote a little rust program to roll a virtual dice using the rand crate, then used that running on my desktop which at that time had been online and doing a bunch of things in the background for a while to get some random dice rolls. Going to check out Bitkey and also maybe an ESP32 based seedsigner

Regarding fed reserve... All our govt does is jibber jabber unless it affects their own wealth or life or agenda. They don't care about the middle class and as long as there isn't a revolution, which they're confident there won't be, they can continue just jibber jabbering

Update on knots VS core nodes Knots takes up 50G more space. Not sure why...

Speaking of node-ing up, I was looking the mempool of my node during block 919953 which was also during the AWS outage. I was confused why a block would be taking almost 6 times as long as it should be. The best thesis I can come up with is maybe the big pools use AWS for orchestration software. Is there a better explanation that you could think of, or am I just inexperienced and don't realize these anomalies just happen sometimes? Also odd that after almost an hour, it gets mined by an unknown solo miner.

What website do you use to see nodes statistics?

I have a goal of getting to 1 BTC. I have DCA setup and a hardware wallet, but as I look more into price targets that people set, I feel like I need to stack faster than I can normally DCA. I feel like I'm going crazy trying to find ways that I can stack faster with mining, loans, treasury companies, etc. As someone whose been in Bitcoin for a long time, do you think I'm focusing too much on an arbitrary goal and I should just stay humble and stack when I can? I'm 29 for context.

I've taken the plunge into nixos. I set up a full lightning stack on nix-bitcoin and a side effect of that was to install nixos on my main server at home. Chris, I blame you

Thank you for this episode!!!

Reverse Linux process is restoring a backup. Go in depth about backups

The backwards show idea sounds so fun. All you gotta do is read everything backwards then have Drew reverse the track :P

Thank you for covering all the kernel stuff. I know it's a lot of work, but I love hearing it. That AMD regression in 7.2 would affect me since that's what my desktop runs, so I'll keep an ear open for the fix

I choose to run the Zen kernel on my stuff. Performance babyyyyyy

Chris, can you do an section on your core config options and rationale behind them?

In regards to entropy and offline generation, I think people are missing the point. You want more entropy data points and to get such things, most operating systems get that from network, disk, memory, all kinds of different things that are changing. If you have a tails system that's completely air-gapped, you're not going to have all the network data points that you can pull from to add to the entropy pool. To get the most randomness, you want a very high entropy pool and the Linux entropy pool is taking all sorts of different inputs, so the more inputs you can add, the higher your entropy, the better your random number generator is. So when I generated more dice rolls, I was using my main online system with browser open as much entropy as you can possibly get based off of network activity, and all that. Yes, sure, if somebody pwned that computer already, they could see the numbers that were generated, but that still is much higher entropy than if you have an offline system that you just booted up and you're already generating numbers off of.

Community Mining pool update. The upstream project P2PoolV2 is still working on mining share payouts. The software is not yet a minimum product. At the same time, I have been working in a NixOS flake to run the project as a service module.

Checking in from the backlog! Slowly getting caught back up

I would be interested in hearing your guide on setting up Knots on Start9. I got Knots setup on Umbrel this weekend and that was incredibly easy. I hear people I respect use Start9, but I don't see the appeal to it. Seems like it has less applications and still has the same hardware limitations.

Boosting another thousand sats to see what the 21000 sats sound bit is.

I've been busy lately, but I sent you a DM on X with the weekly spaces that I do with some friends on Bitcoin mining. Is there a different form of communication you'd prefer? I'm reaching out to some more experienced people I know if they'd like to talk to you about mining. We dropped below 900 exahash! Great time to get into mining!

This was a great episode. I know you were going to try changing the format. I'm excited to see what way that goes. Just wanted to give you some signal on the current format as I get lots of value in each episode. When you choose what to cut, please don't cut the state of the network section. I like hearing that each week

The split to drew failed in my last boost

Congratulations Alex for figuring out why in the business datacenter we have a few separate SANs, compute hosts and NAS boxes instead of one. All because the department of redundancy department exists. In my homelab, I have found that added complexity can make more headaches down the road when one box gets updated and that breaks a thing or you have to shut everything down because your NAS with all the data needs an update or whatever the case may be

Hosted mining is big now if you want the most hashrate for your dollar. If you want a home miner, the Canaan Avalon Q is a great entry point. 90 terahash, looks just like a desktop, and it runs on 120 so no modifications necessary. I co-host a weekly space on X about mining. I can reach out to some of the people I've met there to talk to you and maybe get on the podcast. Just say the word and I'll reach out. I sent you a DM on X last year that has my username.

Extra bonus sats for the baby Chris clip. Loved it

Chris, I think you probably would end up spending more BTC if there weren't taxes on it either since all these boosts are essentially a locked up cash flow for you. You'd be able to dip into the boost income and pay the monthly bills with less cost

Edit last boost I WOULD NOT have to do all these calculations

I would spend more sats if there wasn't a capital gains tax on every single transaction. My self hosted lightning would then just become my checking account and I would have to do all these calculations on how much fiat I need to save to pay the bills and put the rest into BTC cold storage. Could take my whole pay in BTC

I saw some people mention that with Bitcoin we can have a "Star Trek future" instead of a "Star Wars future". As the biggest Star Trek fan I know of, what are some episodes, series, or movies I should watch to understand what that Star Trek post scarcity utopia, and do you think this is a good analogy for Bitcoin?

I got my second node up and running! I'll be using it to try out some of the stuff y'all talked about on the episode with Wes and Brent. In other news, did you see the politician that said he was mining Bitcoin 20 years ago and only got a fraction of a fraction of a Bitcoin? There's some real low effort grifting going on over there in Vegas.

I think the four year cycle still exists because our political system in the United States is also a four year cycle to an extent. We get at least lately a different president every four years and it just goes back and forth between the two major parties and the four-year cycle is indicative of market during those policy changes that the different parties make and their ethos of how to run the country

Would the bip110 situation be somewhat solved by having additional node implementations?

I will resort to bribing if I must. More Bitcoin fiction into my ears!

I keep hearing people say that the sentiment is the lowest it's been in a long time. Personally I don't think the quantum and Epstein stuff is anything more than FUD. Is there anytime that you can remember when sentiment was lower than it is today? +1 to the JB mining pool! I'm down to work on it and then also throw some hashrate at it!

I love the idea of audits like this. Great idea

Clip 5. Meant self custody, not self sovereignty

Clip 5. Eh, not really important to me. I don't coinbase or care much about clarity act. Self sovereignty over here

Clip 4. Cut, not helpful to the topic or discussion

Clip 3. Helpful to see where he is coming from and the lense he sees through. I would have liked it to be included since I don't know his background at all

Clip 2 misses out on the whole point of why bitcoin is a good investment, being scarcity. Mathematics proves only 21million. CUT

Clip 1,agreed on cutting

Awesome deep dive. Keep those coming I really like them

I absolutely agree with you Brent. Why do I compromise experience and use Firefox? Because it is not chromium and I strongly dislike the mono browser culture we have. At first I was disgruntled with the changes Mozilla was making but I value rallying behind a different browser engine than chromium and if my anonymized data is what it takes to help offset the cost of making one, then I guess I will just have to live with it. Which is why I am watching Ladybird very closely and have seen decided to support them financially. Have fun at SCALE!

If I were Linus, I would change the version of the kernel to 7.0 and all subsequent kernels would be 7.X forever. Why? Because why not, I'm Linus. In all seriousness, I do not know enough to make a good decision regarding the direction the kernel should take or what adjustments to make. That is why I'm not Linus...

I'm a few weeks behind on podcasts, but great episode once again Chris! As for do i trust my mobile as my cold stash? Absolutely not. Too connected, too visible as a target for theft or even getting lost or damaged. But I'm also an old man in that I prefer using a computer over my mobile for as much as possible

Name for us listeners: Jupiteers. We are pioneers in the FOSS space

Great episode, I'm a little behind. Keep them coming!!