Stephan Livera Podcast

In this episode, NG Zhang, founder and CEO of Canaan Inc., shares his journey in Bitcoin mining technology, from early ASIC development to modern innovations like heat reuse and energy integration. We talk about the evolution of mining hardware, industry trends, and future prospects.
Timestamps:
(00:00) –  Intro and Early Days of Bitcoin Mining
(03:40) –  From FPGA to ASIC Technology
(06:22) –  The Avalon A16 Series
(09:07) –  Reliability and Durability of Mining Machines
(12:15) –  Failure Rates and Useful Life
(14:40) - Primary Market and Secondary Market for Mining
(16:40) –  Small Scale vs. Large Scale Mining
(22:00) - What % is home mining today?
(23:00) - Heat Recovery
(29:00) - Different methods of cooling in Bitcoin Mining
(31:40) - Mining machine form factor
(32:40) - Stratum V2 Support?
(37:35) - Market Dynamics: Public vs. Private Miners
(39:50) –  Energy Grid Integration and Bitcoin Mining
(44:25) - Efficiency gains are slowing down in bitcoin mining
Links: 
https://www.canaan.io/

Stephan Livera links:
Follow me on X: @stephanlivera

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In this episode, I caught up with Will Cole from Zaprite, Alex Bragin (Jan3), Nathan Day from BTCMap, Philipp (Satora), and Skot 9000 (BitAxe/SHA256) while at BTC Prague 2026.
Timestamp:
(00:00) – Interview with Skot9000 of (SHA256)
(09:01) – Interview with Alex Bragin of JAN3 
(20:35) – Interview with Will Cole of Zaprite
(28:45) – Interview with Philipp of Satora.io
(39:33) – Chris Seedor of Seedor.io
(46:23) – Nathan Day of BTCMap
Links: 
Philipp: https://x.com/bonomat

Chris: https://x.com/coinjoined 

Will Cole: https://x.com/willcole

Alex: https://x.com/BraginRights

Skot9000: https://x.com/skot9000

Nathan Day: https://x.com/nathan_day

JAN3: https://x.com/JAN3com 

BTCMap: https://x.com/BTCMap

Satora: https://x.com/satora_io

Zaprite: https://x.com/ZapriteApp

SHA256: https://x.com/sha256

Seedor: https://x.com/seedor_io

Stephan Livera links:
Follow me on X: @stephanlivera

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In this episode, industry experts discuss the latest developments in Bitcoin treasury strategies, Lightning Network innovations, and market outlooks amid macroeconomic uncertainties. Gain insights into hardware wallets, stablecoins, and the future of Bitcoin adoption.
Timestamp:
(00:00) – Interview with Freddie New from BHODL
(08:47) - Interview with Nick Farrow from Frost Snap
(21:27) - Interview with Tony Klausing from Stable Channels
(26:41) - Interview with André Dragosch from Bitwise
(39:35) - Interview with Sam Callahan from Oranje BTC
Links: 
https://x.com/freddienew

https://x.com/UTXOClub

https://x.com/tonklaus

https://x.com/Andre_Dragosch

https://x.com/SamCallah

Stephan Livera links:
Follow me on X: @stephanlivera

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In this episode, Chris Ritter joins me to discuss Lightning Network economics, yield opportunities, network centralization, and the rapid growth of Lightning payments. We explore who captures value in the Lightning Network, security considerations for routing nodes, and what recent data reveals about the future of Bitcoin payments.
Timestamp:
(00:00) – Introduction to Lightning Economics
(04:23) – Understanding Bitcoin Treasury Strategies
(09:08) – The Evolution of Lightning Network Routing
(14:45) – Growth and Volume in the Lightning Network
(19:57) – Centralization Trends in the Lightning Network
(25:08) – Security Considerations in Lightning Routing
(29:18) – Yield Generation in Lightning Network
(35:05) – The Future of Payments and AI in Lightning
(41:34) - Closing Thoughts
Links: 
https://zeusln.com/

https://freecritter.xyz/

https://x.com/ZeusLN

https://primal.net/freecritter

Report: https://zeusln.com/Lightning_Economics_Report_April_2026.pdf 

Stephan Livera links:
Follow me on X: @stephanlivera

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In this episode, PakoVM joins me as we discuss the security challenges facing Bitcoin users, from scams and self-custody risks to the trade-offs of convenience versus sovereignty. The conversation explores emerging Bitcoin protocols such as Ark and Spark, the role of Linux and open-source hardware, advancements in wallet design, privacy, inheritance planning, and whether stablecoins and Bitcoin-native financial infrastructure can accelerate global adoption.
Timestamp:
(00:00) – Introduction 
(05:24) – Navigating Scams in the Bitcoin Space
(10:16) – The Rise of Linux and Desktop Alternatives
(15:18) – Bitcoin Technology: Lightning, Ark, and Beyond
(30:27) – Bridging Traditional Finance and Bitcoin
(35:10) – Bitcoin as a Medium of Exchange vs. Store of Value
(39:22) – Stablecoins and Their Role in Bitcoin Ecosystem
(41:50) – Wallets and User Experience in Bitcoin Transactions
(44:23) – Community Perspectives: Bitcoin Only vs. Multi-coin
(46:14) – Global Perspectives on Bitcoin Adoption
(50:17) – Future of Bitcoin Technology and User Adoption
(01:02:18) – Privacy Solutions and User Experience in Bitcoin
(01:08:21) – Closing thoughts
Links:
https://x.com/PakoVM

https://blog.bitbox.swiss/en/transferring-bitcoin-without-actually-moving-it-explaining-how-statechains-work/

https://pakovm.substack.com/p/ark-and-the-train-analogy-a-guide
Stephan Livera links:
Follow me on X: @stephanlivera

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