<div dir="ltr">I read the cryptosplaination in the NYTimes this weekend, and it almost made sense, then this.<div><br></div><div>Isn't there something thermodynamically fishy about a scheme that so directly converts capital into ROI?  </div><div><br></div><div>Bits, and electricity in; bits, waste heat, and profit out;  it's almost as if someone made up a parody of economic activity.</div><div><br></div><div>And then it gets hot, and the shipping containers start to roar like a parking lot full of helicopters revving for take off.  But they never go anywhere, they just roar until the temperature goes down, or the spot electric rates go up, or bitcoin crashes and the value of committed ledger entries evaporates.</div><div><br></div><div>Need a live web3.0cam with 5.1 audio so we can see and hear the future being made.</div><div><br></div><div>-- rec --</div><div><br></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Mon, Mar 21, 2022 at 12:25 PM Marcus Daniels <<a href="mailto:marcus@snoutfarm.com">marcus@snoutfarm.com</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">Opportunistic use of wasted energy, I can maybe see..<br>
<a href="https://www.cnbc.com/2022/02/12/23-year-old-texans-made-4-million-mining-bitcoin-off-flared-natural-gas.html" rel="noreferrer" target="_blank">https://www.cnbc.com/2022/02/12/23-year-old-texans-made-4-million-mining-bitcoin-off-flared-natural-gas.html</a><br>
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but it seems time to move on.<br>
<a href="https://www.coindesk.com/markets/2022/03/21/traders-bet-on-ether-staking-after-eth-20-upgrade/" rel="noreferrer" target="_blank">https://www.coindesk.com/markets/2022/03/21/traders-bet-on-ether-staking-after-eth-20-upgrade/</a>  <br>
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That part of the country is so pretty.  It is a pity there are so many reptiles that live out there.<br>
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-----Original Message-----<br>
From: Friam <<a href="mailto:friam-bounces@redfish.com" target="_blank">friam-bounces@redfish.com</a>> On Behalf Of glen<br>
Sent: Monday, March 21, 2022 8:56 AM<br>
To: <a href="mailto:friam@redfish.com" target="_blank">friam@redfish.com</a><br>
Subject: [FRIAM] speculative marketing<br>
<br>
Gold Rush to Usk<br>
<a href="https://www.rangemedia.co/usk-wa-bitmain-ponderay-newsprint-mill-gonzaga-allrise/" rel="noreferrer" target="_blank">https://www.rangemedia.co/usk-wa-bitmain-ponderay-newsprint-mill-gonzaga-allrise/</a><br>
<br>
> Allrise, a private equity firm that invests in real estate and specialty markets in the U.S. and Ukraine<br>
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-- <br>
˙sɹǝɟɟns ssɐɹƃ ǝɥʇ 'ʇɥƃıɟ sʇuɐɥdǝןǝ uǝɥM<br>
<br>
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