[FRIAM] speculative marketing

[Roger Critchlow]

I read the cryptosplaination in the NYTimes this weekend, and it almost
made sense, then this.

Isn't there something thermodynamically fishy about a scheme that so
directly converts capital into ROI?

Bits, and electricity in; bits, waste heat, and profit out;  it's almost as
if someone made up a parody of economic activity.

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.

Need a live web3.0cam with 5.1 audio so we can see and hear the future
being made.

-- rec --


On Mon, Mar 21, 2022 at 12:25 PM Marcus Daniels <marcus at snoutfarm.com>
wrote:

> Opportunistic use of wasted energy, I can maybe see..
>
> https://www.cnbc.com/2022/02/12/23-year-old-texans-made-4-million-mining-bitcoin-off-flared-natural-gas.html
>
> but it seems time to move on.
>
> https://www.coindesk.com/markets/2022/03/21/traders-bet-on-ether-staking-after-eth-20-upgrade/
>
>
> That part of the country is so pretty.  It is a pity there are so many
> reptiles that live out there.
>
> -----Original Message-----
> From: Friam <friam-bounces at redfish.com> On Behalf Of glen
> Sent: Monday, March 21, 2022 8:56 AM
> To: friam at redfish.com
> Subject: [FRIAM] speculative marketing
>
> Gold Rush to Usk
>
> https://www.rangemedia.co/usk-wa-bitmain-ponderay-newsprint-mill-gonzaga-allrise/
>
> > Allrise, a private equity firm that invests in real estate and specialty
> markets in the U.S. and Ukraine
>
> --
> ˙sɹǝɟɟns ssɐɹƃ ǝɥʇ 'ʇɥƃıɟ sʇuɐɥdǝןǝ uǝɥM
>
>
> .-- .- -. - / .- -.-. - .. --- -. ..--.. / -.-. --- -. .--- ..- --. .- - .
> FRIAM Applied Complexity Group listserv
> Zoom Fridays 9:30a-12p Mtn UTC-6  bit.ly/virtualfriam
> un/subscribe http://redfish.com/mailman/listinfo/friam_redfish.com
> FRIAM-COMIC http://friam-comic.blogspot.com/
> archives:
>  5/2017 thru present https://redfish.com/pipermail/friam_redfish.com/
>  1/2003 thru 6/2021  http://friam.383.s1.nabble.com/
>
> .-- .- -. - / .- -.-. - .. --- -. ..--.. / -.-. --- -. .--- ..- --. .- - .
> FRIAM Applied Complexity Group listserv
> Zoom Fridays 9:30a-12p Mtn UTC-6  bit.ly/virtualfriam
> un/subscribe http://redfish.com/mailman/listinfo/friam_redfish.com
> FRIAM-COMIC http://friam-comic.blogspot.com/
> archives:
>  5/2017 thru present https://redfish.com/pipermail/friam_redfish.com/
>  1/2003 thru 6/2021  http://friam.383.s1.nabble.com/
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://redfish.com/pipermail/friam_redfish.com/attachments/20220321/5d2cc6fc/attachment.html>