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04 Feb 2026

Off-Grid Bitcoin Mining, $50K Cost of Production, and the BIP110 Fight – Bob Burnett | Proof of Pain

Off-Grid Bitcoin Mining, $50K Cost of Production, and the BIP110 Fight – Bob Burnett | Proof of PainBob Burnett (Barefoot Mining, board member at Ocean, ex-Gateway CTO) breaks down off-grid Bitcoin mining, cost of production, and why public miners get valued like tech stocks when mining is a commodity business. We also dive into Core vs Knots, block templates, spam/inscriptions, OP_RETURN, the SegWit discount, and why he’s signaling support for BIP-110. Guest: Bob Burnett (@Boomer_BTC) X: https://x.com/Boomer_BTC Barefoot Mining: barefootmining.com Bitcoin Boomers @BTCSessions (https:// Old Man Yells: @OldManYells-btc 🐦 Follow Proof of Pain on X: @ProofofPainBTC (https://x.com/ProofofPainBTC) Chapters 00:00 Intro + Bob’s background (Zenith → Gateway) 01:04 Apollo inspiration → engineering → early PCs 02:

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