Listen "Optimizing a 51% Attack | Justin Drake | The Mining Pod"
Episode Synopsis
Today we are joined by Justin Drake an Ethereum researcher that collaborated on the ETH 2.0 consensus change. We talk about variations of mining attacks on Bitcoin.
Justin Drake: https://twitter.com/drakefjustin
Will Foxley: https://twitter.com/wsfoxley
TIMESTAMPS:
00:00 Intro
01:30 Justin Drake
04:05 51% attacks
11:22 Spectrum of attack outcomes
14:33 Attackers vs defenders
19:22 $5.25B economic security
23:17 Tactics
30:46 Timing the attack
34:13 Hardware attacks
39:43 Infrastructure attacks
44:24 Regulation & violence attacks
46:50 Vulnerable attack vectors
52:27 How to prepare?
01:01:38 Checkpoints & ASIC secret code
01:06:48 The role of ideology
MINE
Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1
WATCH https://youtube.com/c/CompassMining?sub_confirmation=1
LISTEN
Apple Podcasts https://apple.co/3fNfrdi
Spotify https://spoti.fi/3tSf9G1
Amazon https://amzn.to/3557cqg
Anchor https://bit.ly/3rmb7UF
Fountain https://bit.ly/3NeNTec
RSS https://bit.ly/3chpULV
LEARN
Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD
FOLLOW
Twitter: https://twitter.com/compass_mining
LinkedIn: https://www.linkedin.com/company/compassmining
Learn more about your ad choices. Visit megaphone.fm/adchoices
Justin Drake: https://twitter.com/drakefjustin
Will Foxley: https://twitter.com/wsfoxley
TIMESTAMPS:
00:00 Intro
01:30 Justin Drake
04:05 51% attacks
11:22 Spectrum of attack outcomes
14:33 Attackers vs defenders
19:22 $5.25B economic security
23:17 Tactics
30:46 Timing the attack
34:13 Hardware attacks
39:43 Infrastructure attacks
44:24 Regulation & violence attacks
46:50 Vulnerable attack vectors
52:27 How to prepare?
01:01:38 Checkpoints & ASIC secret code
01:06:48 The role of ideology
MINE
Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1
WATCH https://youtube.com/c/CompassMining?sub_confirmation=1
LISTEN
Apple Podcasts https://apple.co/3fNfrdi
Spotify https://spoti.fi/3tSf9G1
Amazon https://amzn.to/3557cqg
Anchor https://bit.ly/3rmb7UF
Fountain https://bit.ly/3NeNTec
RSS https://bit.ly/3chpULV
LEARN
Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD
FOLLOW
Twitter: https://twitter.com/compass_mining
LinkedIn: https://www.linkedin.com/company/compassmining
Learn more about your ad choices. Visit megaphone.fm/adchoices
More episodes of the podcast The Mining Pod | Blockspace Media
TeraWulf Q3 Recap: Future AI Deals, Capital Structure, and the Future of WULF’s BTC Mining
15/11/2025
Unpacking MARA's AI Plans w/ CEO Fred Thiel
11/11/2025
Cipher’s Amazon Deal, IREN’s Microsoft Deal, Q3 Earnings Recap, and is China Winning the AI Race?
07/11/2025
Has the Market Left MARA Behind?
28/10/2025
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.