00:00 All right, everyone. So, this is a
00:02 follow-up video to the one I just did. I
00:03 wanted to show you what the web
00:05 interfaces of a Bitcoin miner and a
00:08 Bitcoin node look like. So, this is the
00:11 web interface for the Bitcoin miner,
00:13 which is complicated. If it doesn’t look
00:15 complicated, it’s complicated. Um, by
00:18 most standards, it’ be simple, but
00:19 you’re going to see how simple it is.
00:21 Uh, you know, compared to uh this is
00:23 much more complicated than a Bitcoin
00:24 node. So, my Bitcoin miner is not
00:27 working right now for reasons I have not
00:28 been able to figure out. So, it’s mining
00:31 at zero uh hashes per second, which
00:33 means it’s not working. Um, but you can
00:35 see there’s just a variety of
00:37 complicated things around power and heat
00:40 and what mining pool I’m connected to
00:43 and all that sort of stuff. Uh, if you
00:45 have multiple miners, you can do a
00:47 little swarm here and it’ll keep track
00:49 of all the different Bitcoin miners that
00:51 you’ve got. the network just uh shows
00:53 the network that it’s connected to. And
00:55 then the settings, which look
00:57 complicated uh which is part of why I
00:59 hadn’t been able to get this uh going.
01:01 So this is what the settings look like.
01:03 There’s mining pools, stratum ports, uh
01:06 Bitcoin addresses. It’s just
01:08 complicated. And I’m showing you this as
01:10 a contrast to uh how simple a the
01:14 Bitcoin node interface is. So um anyway,
01:17 so this is what a Bitcoin miner’s web
01:19 interface looks like. And mine is not
01:21 working for some reason, which is why uh
01:24 if you look at the logs, which may come
01:25 up in a minute here, uh it will show
01:28 that I don’t know what the problem is,
01:30 but I am somehow having an I2C
01:33 transmission unexpected knack detected
01:36 error on the I2C transaction failed. Who
01:39 the heck knows what I what that means? I
01:41 don’t know. I’ll figure it out. But the
01:43 reason I’m showing you all this is to
01:45 say Bitcoin miners are more complicated
01:47 than Bitcoin nodes. Uh they’re just more
01:49 complicated. There’s way more to it.
01:51 Okay, so let’s leave the complexity
01:53 behind and look at my beautiful Umbreal
01:57 Bitcoin node. Ah, there it is. How
02:01 beautiful. Looks like the app store. In
02:03 fact, when you f first boot it up, uh,
02:06 also this Bitcoin miner over here, you
02:08 got to get to it with an IP address.
02:10 This 19216850.14,
02:13 it’s a bunch of complexity that people
02:15 don’t want to deal with. Umbrell’s
02:16 simple. You plug in this little square
02:18 box and then you type umbrell.local.
02:21 Now, if you wanted to get to their
02:22 website, you’d type in umbrell.com.
02:25 But you don’t want to go to their
02:26 website. You want to go to the local
02:28 Umbreal little bitcoin uh node uh
02:31 device. And so, you just type in
02:33 umbrell.local. And it is super simple.
02:35 You just set up a password and then it
02:38 looks like the whole thing looks like
02:39 the app store. And it literally looks
02:41 like the app store. Like it is just so
02:43 simple. you can click and it brings up
02:45 apps and you can look through the
02:47 different apps and you know see if
02:48 there’s an app you want and it’s just
02:50 super simple. Uh anyway, so this is what
02:53 the app store looks like and again you
02:55 can uh you know the apps work exactly
02:57 like you would expect an app in an app
02:59 store to work. We’re not going to do
03:00 that. We’re uh we’re just going to look
03:02 at the Bitcoin node. Now there’s other
03:03 cool stuff before we look at the Bitcoin
03:05 node. You know this bit feed thing will
03:07 show you the following Well, there you
03:10 go. It’ll show you the following Bitcoin
03:11 blocks. So these are all the
03:13 transactions that are coming into the
03:15 Bitcoin mempool which again is a bunch
03:17 of complexity you don’t need to deal
03:18 with. Uh but it’s just there’s cool
03:20 stuff you can do like this. You can also
03:22 go look at your own copy of the mempool
03:25 which again is even more complexity that
03:28 you don’t need to deal with. But this is
03:30 your own local copy that shows you
03:31 exactly how that works. Uh but the
03:34 beautiful part is again when you start
03:36 it’s just like a beautiful screen with
03:38 no icons and they’re like welcome to
03:41 Umbrell. You can run a Bitcoin node. You
03:43 can also run a bunch of other random
03:44 stuff but it’s just beautiful and it’s
03:47 just simple and it’s just
03:48 straightforward and it’s gorgeous and
03:51 you click on the Bitcoin node and it
03:54 launches your very own copy of the
03:55 Bitcoin node. uh it takes it a second to
03:57 load and then is this is what took uh
04:00 between 21 and 24 hours to load. So it
04:04 says I’m 100% synchronized. That means
04:06 my Bitcoin node is synchronized with the
04:08 entire Bitcoin blockchain. It shows that
04:11 it’s uh most recent block is block uh 88
04:16 874,786
04:20 four minutes ago. The block block before
04:21 that was seven minutes. The block before
04:23 that eight minutes. the block before
04:24 that 19 minutes I am connected to uh 11
04:29 peers that is three on clear net I don’t
04:32 even know what that is seven on tour and
04:34 one on I2P and then my memp pool which
04:38 I’ve explained what that is in a video
04:39 is 40 megabytes the hash rate is about
04:42 900 xahashes for the entire Bitcoin
04:44 network and the blockchain size which is
04:46 stored entirely on this little Bitcoin
04:49 node that I talked about in the previous
04:50 video is 700 gigabytes and the hard
04:54 drive on this little thing is uh two
04:55 terabytes. So, I’ll be able to store the
04:57 Bitcoin network for probably the rest of
04:59 my life. Uh but anyway, it’s super
05:01 clean. It’s super simple. So, my
05:03 experience with messing around with
05:05 these is the Bitcoin miner is
05:08 complicated. It is techy and it is not
05:10 yet working for me. Um my experience
05:13 with running my own Bitcoin node is that
05:16 it’s gorgeous. It’s elegant. It’s
05:18 straightforward. It’s super simple. And
05:20 I’m super impress impressed with Umbrell
05:23 who will sell you one of these things
05:25 for $400. And it actually does a lot
05:27 more than just being a Bitcoin node. You
05:29 can run like a gazillion different apps
05:31 on it and they’re all super elegant.
05:33 They’re all super straightforward and it
05:34 works like the app store. So uh that is
05:37 the gist of what the uh Bitcoin uh
05:40 Bitcoin node interface looks like. Super
05:43 clean, super simple, super
05:44 straightforward. If you get something
05:45 like Umbreel or Start 9, S T A R T, the
05:49 number nine. Um, I’m using Umbreal
05:51 because it looked easier to use. And at
05:54 44 years old, I’m all about ease of use.
05:56 I used to be a techie, but I just don’t
05:58 like things being more techy than they
05:60 have to be because why bother? So, I got
06:03 an Umbreal because it was like
06:05 brainlessly easy to use. And um, and I
06:08 have not gotten this little Bitcoin
06:10 miner, this Bitax Bitcoin miner. I have
06:12 not gotten that working yet. But uh
06:13 anyway, but I run my own Bitcoin node,
06:15 which means I could run the entire
06:17 Bitcoin network at my house if I had to.
06:20 And you don’t need either of these. You
06:22 don’t need a Bitcoin node. You don’t
06:23 need a Bitcoin miner because there are
06:25 tens of thousands of people running
06:27 Bitcoin nodes and they’re all going to
06:29 work fine with or without you. Um
06:31 although if you want to run one,
06:32 there’s, you know, not a downside. More
06:34 is better. But there’s no benefit to the
06:36 average person unless you’re techy and
06:38 you want to like process Bitcoin
06:40 transactions on your own node. So nobody
06:43 else on the network, you know, even
06:44 knows, you know, that it’s you or
06:46 something like that. But the only people
06:47 I know that run Bitcoin nodes are like
06:49 super techy people. So there is no
06:51 reason for the average person to run a
06:53 Bitcoin node. Uh the average sort of
06:55 person that’s watching my Facebook live
06:57 videos, there’s no reason to run a
06:59 Bitcoin node. Uh but it is super simple.
07:01 It is super straightforward. It is super
07:03 clean. And Umbrell does really an
07:05 excellent job and just makes it super
07:07 super simple. Unlike over here this
07:10 BitAx Bitcoin miner which is complicated
07:13 by comparison, very complicated by
07:16 comparison, even though they’ve
07:17 attempted to make it as elegant and
07:19 straightforward as they can. Uh you can
07:21 ignore all the rest of these apps. These
07:22 are just random things I’m messing with.
07:24 Uh but the only one I wanted to talk
07:26 about was this Bitcoin node in the upper
07:28 lefthand corner. So uh that’s your quick
07:31 video today of what is a Bitcoin node,
07:33 what is a Bitcoin miner. You do not need
07:35 either one of them, but I thought you
07:37 might be curious that you can run the
07:38 entire Bitcoin network with just those
07:40 two little devices. And it’s so cool
07:43 that you can, even if that’s not
07:45 something the average person needs to
07:46 do. So, have a great day everyone. Thank
07:48 you so much.