Uploaded March 2026 | Updated September 2026, 2 weeks ago
In this episode of The Defiant Podcast, Camila Russo sits down with Jing Wang to discuss how Optimism is evolving and why the debate over what counts as a “real” Ethereum L2 might be missing the point.
Jing argues that the most important question isn’t whether a chain is an L1, L2, or sidechain. It’s whether the architecture actually serves users and real-world use cases.
“If it looks like an L1, we’ll build that. If it looks like an L2, we’ll build that.”
In the conversation we cover:
- Why Optimism now sees itself as a network of blockchains (the Superchain)
• The debate around Ethereum L2 decentralization sparked by Vitalik Buterin
• Why institutions are already using decentralized rails
• Why ZK proofs are the future
• And why Jing believes finance inevitably moves on-chain
Nexo is a premier digital assets wealth platform that helps clients build, manage, and preserve their wealth through advanced interest-generating products, crypto-backed credit, advanced trading tools, and 24/7 client care. Get started at nexo.com/defiant
Your Web3 product deserves solid payment infrastructure. Global on/off-ramps, custom APIs, and DeFi connectivity trusted by the biggest names in crypto: [mercuryo.io]
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#TheDefiant #DeFi #Decentralized #Finance #Blockchain #Web3
In this episode of The Defiant Podcast, Camila Russo sits down with Jing Wang to discuss how Optimism is evolving and why the debate over what counts as a “real” Ethereum L2 might be missing the point.
Jing argues that the most important question isn’t whether a chain is an L1, L2, or sidechain. It’s whether the architecture actually serves users and real-world use cases.
“If it looks like an L1, we’ll build that. If it looks like an L2, we’ll build that.”
In the conversation we cover:
- Why Optimism now sees itself as a network of blockchains (the Superchain)
• The debate around Ethereum L2 decentralization sparked by Vitalik Buterin
• Why institutions are already using decentralized rails
• Why ZK proofs are the future
• And why Jing believes finance inevitably moves on-chain
Nexo is a premier digital assets wealth platform that helps clients build, manage, and preserve their wealth through advanced interest-generating products, crypto-backed credit, advanced trading tools, and 24/7 client care. Get started at nexo.com/defiant
Your Web3 product deserves solid payment infrastructure. Global on/off-ramps, custom APIs, and DeFi connectivity trusted by the biggest names in crypto: [mercuryo.io]
Explore The Defiant ✨
📰 Website
thedefiant.io
✉️ Free Daily Newsletter
https://thedefiant.io/newsletter/defi...
🤑 Weekly Premium Newsletter
https://thedefiant.io/newsletter/defi...
✊ Follow The Defiant
X/Twitter: https://x.com/DefiantNews
📬 Contact our Newsroom
editorial@thedefiant.io
🤝 Sponsorships & Partnerships
sponsors@thedefiant.io
#TheDefiant #DeFi #Decentralized #Finance #Blockchain #Web3





![Bitcoin Mining’s Golden Age or Final Battle? Insights From Fakhul Miah
In this episode of The Defiant Podcast, we sit down with Fakhul Miah, Managing Director of GoMining Institutional and former Morgan Stanley executive, to explore the rapidly evolving world of Bitcoin mining in 2025.
From the rise of AI hyperscalers competing for energy resources to the financial engineering transforming miners into sophisticated operators, this conversation dives deep into the challenges and opportunities shaping the future of the industry.
Key topics covered:
1. Why AI is Bitcoin mining’s most aggressive new competitor
2. How miners are evolving with BTC-backed loans and convertible notes
3. The shifting geopolitics of mining: U.S. vs. Latin America and Africa
4. What $100B in Bitcoin ETFs and sovereign reserves mean for adoption
5. The big picture: Bitcoin mining’s transformation into a global infrastructure industry
Whether you’re a crypto enthusiast, investor, or just curious about the intersection of technology, energy, and finance, this episode is packed with insights you won’t want to miss.
Chapters:
00:00 Introduction: Bitcoin Mining Faces a New Kind of Competition
00:45 GoMining’s Role in Tokenized Bitcoin Mining
02:43 The Rise of AI Hyperscalers and Energy Market Disruption
03:15 Bitcoin Mining’s Flexibility vs. AI’s Energy Demands
06:15 Why AI Is a Formidable Competitor for Miners
08:09 The Power Struggle: Bitcoin Mining’s Future Amid AI Growth
09:02 Financial Engineering: How Miners Are Avoiding Liquidation
12:11 The Evolution of Bitcoin Mining into a Balance Sheet Business
16:57 Shifting Geopolitics: Latin America and Africa’s Mining Rise
20:36 U.S. Mining Dominance: Can It Adapt to Stay on Top?
24:50 Institutional Adoption: $100B in ETFs and Sovereign Reserves
28:40 Bitcoin’s Next Phase: Stability, Risks, and Financialization
31:10 Bitcoin as Digital Gold vs. Everyday Currency
34:51 The Role of Institutions and Whales in Bitcoin’s Future
37:00 The Big Picture: Bitcoin Mining’s Transformation by 2030
39:29 What Miners, Investors, and Policymakers Should Focus On
42:35 Closing Thoughts: GoMining’s Vision and What’s Next
📖 Learn more:
Explore GoMining’s H1 2025 Bitcoin Mining Market Review: [https://institutional.gomining.com/]
Explore The Defiant ✨
📰 Website
https://thedefiant.io/
✉️ Free Daily Newsletter
https://thedefiant.io/newsletter/defi...
🤑 Weekly Premium Newsletter
https://thedefiant.io/newsletter/defi...
✊ Follow The Defiant
X/Twitter: https://x.com/DefiantNews
📬 Contact our Newsroom
editorial@thedefiant.io
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sponsors@thedefiant.io
#TheDefiant #DeFi #Decentralized #Finance #Blockchain #Web3 Bitcoin Mining’s Golden Age or Final Battle? Insights From Fakhul Miah](https://i.ytimg.com/vi/uvZPep9v8jg/mqdefault.jpg)




