DiscoverWhen Shift Happens PodcastE87: Why Solo Bitcoin Mining is Dead (How to Succeed with a Bigger Network) - Sui Network Founder
E87: Why Solo Bitcoin Mining is Dead (How to Succeed with a Bigger Network) - Sui Network Founder

E87: Why Solo Bitcoin Mining is Dead (How to Succeed with a Bigger Network) - Sui Network Founder

Update: 2024-09-12
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Description

Adeniyi Abiodun is the Co-Founder and CPO of Mysten Labs and of the Sui Network, a Layer 1 blockchain designed to make digital asset ownership fast, private, secure, and accessible to everyone.

we dive into:

- Building a project with 5 Cofounders!!
- The Current State of Bitcoin Mining
- How to deal with burnout as a Founder
- Building the Facebook Libra Project
- The Sui Network
- God, Spirituality, and Destiny

And much more!

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PARTNERS

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https://www.dvinlabs.com/
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FOLLOW ADENIYI ABIODUN👇

• Twitter: https://x.com/EmanAbio
• LinkedIn: https://www.linkedin.com/in/emmanuel-abiodun/

FOLLOW SUI NETWORK 👇

• Twitter: https://x.com/SuiNetwork
• Website: https://sui.io/

FOLLOW MYSTEN LABS 👇

• Twitter: https://x.com/Mysten_Labs
• Website: https://www.mystenlabs.com/

FOLLOW KEVIN & WHEN SHIFT HAPPENS👇

Twitter (X): https://x.com/KevinWSHPod
Instagram: https://www.instagram.com/kevinwshpod/
TikTok: https://www.tiktok.com/@kevinfollonier_
Linkedin: https://www.linkedin.com/in/kevinfollonier/
Website: https://www.podpage.com/when-shift-happens/
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DISCLAIMER
The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.
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Timestamps

0:00 Intro
1:35 : Our Valued Sponsors
2:22 Five Co-Founders
5:56 Team Decision Making Process
7:10 What is Democratized Internet?
9:21 Who is Adeniyi Abiodun?
12:01 Arsenal and ETH Fans Alike
15:20 Culture Difference in UK Vs US
20:34 Leaving the UK
21:20 The Jump into Entrepreneurship
24:51 Hidden Economics Behind Bitcoin Mining
27:30 How Hard is Bitcoin Mining?
30:31 DVIN Labs Partnership
30:55 Experiencing a Mental Burnout
34:32 Entrepreneurs and Uncertainty
35:56 Living a Predictable Life
37:53 The Love for Chaos
39:37 Founder Character Traits
43:02 Gaps in Founders Skillsets
44:41 What is Facebooks’ Libra?
47:47 Facebook Project Libra Failing?
51:51 Government Power over Tech and Data
54:35 Neutral Stance in Blockchain
57:53 Switzerland System in Other Countries
58:55 What is Bitcoin and Crypto?
01:01:17 Biggest Problem in Crypto
01:03:08 Product Builder Issues
01:04:43 What is Mysten Labs?
01:06:26 What is Sui Network?
01:09:54 How Does Sui Network Deliver?
01:12:37 Do We Need Another Layer 1?
01:15:34 What is Walrus Protocol?
01:18:32 Raoul Pal as an Advisor
01:22:01 Importance of Space Exploration for Humanity
01:24:59 Space is Infinite
01:26:45 Too Much Money on Space?
01:29:28 What is God?
01:31:24 Why Believe in God?
01:33:35 Spirituality and Truth
01:35:37 Do You Believe in Destiny?
01:37:00 Spirituality/ God in Tragic Events
01:41:09 Unexplainable Tragic Events
01:43:26 Taking Health for Granted
01:45:46 Impact of Having Children
01:47:58 Next 12 Months

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E87: Why Solo Bitcoin Mining is Dead (How to Succeed with a Bigger Network) - Sui Network Founder

E87: Why Solo Bitcoin Mining is Dead (How to Succeed with a Bigger Network) - Sui Network Founder

Kevin Follonier