Everyday more engines, ASICs, and #bitcoin mines are getting deployed to the oilfield to mitigate waste/flare/vent gas + help O&G producers become more efficient at delivering hydrocarbons downstream profitably.
What a time!!
#Bitcoin is still a tiny fraction of world assets:
BTC
▓ $0.4T
Gold
▓▓▓▓ $11T
S&P 500
▓▓▓▓▓▓▓▓ $36T
Global Equities
▓▓▓▓▓▓▓▓▓▓▓▓▓ $110T
Global Debt
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ $300T
Global Real Estate
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ $325T
There has been a ton of confusion over the word "blockchain" and many in legacy finance thinking it is somehow "the invention" that has an amazing future.
The best signal from noise short clip I have ever seen is from Swan's very own @coryswan
The global financial system runs on human consensus. That's how we got to where we are now.
Using physics/energy (proof of work) to come to consensus is an innovation. It should be explored.
Using human opinions (proof of stake) to come to a consensus is to repeat.
The City of Mobile, Alabama has approved its first #Bitcoin mining project.💫
In partnership with crypto infrastructure provider @DLedgerInc, the City's GulfQuest Maritime Museum (pictured) will host 100 Bitmain Antminer S19 miners in a modified, air-cooled shipping container.✨
As of today the TOTAL value of all 50+ forks of Bitcoin that were launched over the past 5 years has dropped below 1% of BTC alone.
If you come at the king, you'd best not miss.
Twitter needs 396 million Orange Checks to evolve beyond the limits of 360 thousand Blue Checks. Everyone should have the right to be verified in a few seconds for a few sats without surrendering their privacy.