Chris

THIS is pure signal. 💓 📝 1fdb70b9…

Wicked!!! 🪂 👊🙏🏻

I did! Spooky-ish. But very cool 🦁

Was just walking those beautiful streets and canals last week!!! 🇮🇹

🎯

GM from the Dolomites!!! 🏔️🇮🇹❄️ 30-40cms of fresh snow last 36 hours!!

Spectacular 🙏🏻🫶

Wild indeed. More theft from their people. 😓

Tried zapping you but wouldn’t go through, FYI.

At the large grid scale level you are correct about govt intervention risk. But even they would have to mine bitcoin. Because its demand can be variable and intermittent. And monetisable. AI data centres need 24/7 predictable energy supply. The 2 demand profiles are literally polar opposites. Apples to oranges. All our projects are local renewable in nature. Solar and hydro. Nothing for govts to harvest at scale. Good for you for being so open minded.

The global, decentralised bitcoin network doesn’t “fight” for energy. It CANT use competitive electricity. There is no incentive to pay 100k to mine 70k bitcoin. It seeks out (game theorically) the cheapest discarded energy all over the planet. This will continue to happen. No one is DOING it. It hasn’t even scratched the surface yet.

You’re missing something fundamental. Bitcoin and AI don’t compete for the same cost structure energy globally (intermediate and long term). Once there is 24/7 market based demand for electricity ANYWHERE AND FOR ANY REASON, Bitcoin mining MUST curtail. (In fact, before that threshold). This is a FEATURE not a BUG. Every day of every week of every month of every year, expensive hash is leaving the network ALREADY. And (at the same time) marginally free STRANDED energy hash is joining the network. The global game theoretic of the protocol GUARANTEES this dynamic. No “lobbying”. No “arguing”. Study the work of @Daniel Batten and so many others who have been on the ground explaining this for the past 5-7 years. I, my self, am seeing new stranded energy bitcoin mining projects emerge monthly on 4 different continents where we invest in and sponsor projects. Nothing stops this train 🧡 🚊 (AI or no AI) 🤖