Adam Back has long had a rarefied status in the Bitcoin world, but as the industry undergoes another major shakeout, a number of Bitcoin-related businesses linked to him are showing signs of increasing strain https://t.co/3he2OhNpnC
Run Knots 29.4.2
Run DATUM Gateway
Connect your miner to your own Gateway
Or
Rent Hash and point it to your DATUM
Choose Solo or Mine with others in a Miningpool of your Choice
Recieve Bitcoin on Shrike Wallet.
Repeat.
A genius Architecture , Thanks @LukeDashjr and every other Dev who is involved.
How many BMN / PKH / PKH2 notes were sold after the mid-2024 cutoff while still using the Blockstream name, Adam Back’s reputation, and STOKR pages that described Cook as Blockstream CIO/CTO?
Did the offering docs tell buyers the operator was a separate company Corp no longer owned or managed?
It's not surprising that Andy is trying to distance himself from this mess. But didn't Andy sell billions of dollars worth of Blockstream mining notes that were tied to Blockstream Mining? And didn't convicted felon Chris Cook (Greg Maxwell's buddy?) buy the company from Blockstream? And doesn't Andy own shares in Blockstream Mining? Does Andy sit on the board too?
@BitcoinNewsCom Not only will history exonerate @mattkratter , it will remember his name as one of the greatest and most honourable Bitcoiners of our generation.
"Long live Bitcoin !!!"
https://t.co/QtbR7YpwLN
CORRECTION: RIVER SUES INDEPENDENT MINING ENTITY OVER $6.7 MILLION PAYMENT AGREEMENT, NOT BLOCKSTREAM CORP.
Blockstream Mining (Blockstream Services Canada ULC) was spun out of Blockstream in early 2025 and now operates as an independent company.
It continues to use the Blockstream Mining brand under a licensing arrangement.
The lawsuit names Blockstream Services Canada ULC as the defendant, not Blockstream Corporation.
@SteveSimple@saifedean also suggests the same ! Hash rate has already peaked and we might never get back to 1.2 Zh/s again.
My "take away" from the hypothesis is that "NGU" on sha256 won't be good enough to compensate for the next halving !!!!