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Rbit joins the Insilico Terminal Podcast to talk about his 15-year journey through crypto — from discovering Bitcoin on 4chan, mining BTC in 2011, losing funds on Mt. Gox, and trading the early BitMEX era, to building statistical arbitrage and HFT systems. We cover the 2017 ICO cycle, Bitcoin fork trades, why 2018 pushed him toward quantitative trading, what stat arb actually means, how HFT signals differ from longer-term strategies, why smaller venues can still offer major edge, and how crypto market structure is becoming more competitive as exchanges move closer to TradFi infrastructure.

00:00 Getting into Bitcoin in 2010, mining, Mt. Gox, and coming back in 2017

13:37 ICO mania, BitMEX, and the Bitcoin fork trade 17:14 Why 2018 pushed him toward quant trading

24:52 Building a profitable stat arb business on FTX

40:21 Stat arb vs HFT, and why crypto got more competitive

49:09 What his trading operation looks like today

55:13 The future of crypto market structure and where edge is going

01:05:04 Advice for newer traders and why quant thinking differs from retail

Rbit: Bitcoin Mining, Mt. Gox, Stat Arb & the Future of Crypto HFT