CD95: Bitcoin Miner Incentives with Nick Hansen and BitMEX Research

support dispatch: https://citadeldispatch.com/donate ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ EPISODE: 95 BLOCK: 781708 PRICE: 3593 sats per dollar TOPICS: Mempools, Miner Extracted Value, Free Markets, Out of Band Payments, Mining Centralization BitMEX Research on Twitter: twitter.com/BitMEXResearch Nick Hansen on Twitter: twitter.com/hash_bender nostr live chat: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://citadeldispatch.com/stream⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ nostr account: ⁠ https://primal.net/odell⁠ youtube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ stream sats to the show: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.fountain.fm/ (00:05:20) Mempools never clearing (00:15:30) Bitcoin mining incentives (00:23:29) Minor extracted value (MEV) (00:46:36) NFT sale and block entry (00:48:00) Auction process and fees (01:03:13) Outbound payments and miner centralization (01:30:26) Discussion about the ViaBTC block and allegations of foul play (01:32:00) Explanation of selfish mining and spy mining (01:43:14) Mitigation strategies for potential mining shenanigans (01:56:52) Discussion on the decentralization of t…