Aug 28, 2026 · 1 hr 2 min · 11 segments
A garage full of Ethereum rigs once set a house on fire, and that was only the warmup. Rakesh Agrawal and Lloyd Kirchner run Piping Technology & Products, a 50 year old Houston manufacturer where 100…
Rakesh AgrawalGuestChuck YatesHost
Lloyd KirchnerGuest
So I first got into Bitcoin because I met Brian Armstrong at Y Combinator Demo Day.

And Coinbase was in my shortlist that class, but I did not understand Bitcoin at all.

I was like, what the hell is this? I couldn't even say it was like magic internet money.

Everyone who invests in early stage startups, they have an anti-portfolio, like companies that they might have invested in but didn't.

And Brian and I connected nicely on the YC Demo Day floor, but Didn't invest.

And then people in my office at my software company, they got me into mining.

We had moved out of our house, actually, like two doors down from where you used to live.

And my old house, I convinced my wife, she's always up for my shenanigans, to run these miners out of the house because it was hard to find all the power you needed to run all these rigs.

So I first got into Bitcoin because I met Brian Armstrong at Y Combinator Demo Day.

And Coinbase was in my shortlist that class, but I did not understand Bitcoin at all.

I was like, what the hell is this? I couldn't even say it was like magic internet money.

Everyone who invests in early stage startups, they have an anti-portfolio, like companies that they might have invested in but didn't.

And Brian and I connected nicely on the YC Demo Day floor, but Didn't invest.

And then people in my office at my software company, they got me into mining.

We had moved out of our house, actually, like two doors down from where you used to live.

And my old house, I convinced my wife, she's always up for my shenanigans, to run these miners out of the house because it was hard to find all the power you needed to run all these rigs.
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