Former Marathon Digital Holdings, Inc. Executive Chairman $MARA/NASDAQ Trader/Long/Short/Adviser to Public Co/Independent Director/Conservative/Husband/Father
Switzerland 🇨🇭 is making history. The initiative to enshrine #Bitcoin into the constitution has officially reached the Feuille fédérale and is now under review. A future where Bitcoin becomes a strategic reserve for Switzerland could soon become reality.
A year in the making, the new nonce analysis methodology I designed & collabed with the @coinmetrics team to put out is now public!
We fingerprinted ~all major ASICs to pinpoint Bitcoin’s energy usage, e-waste, & efficiency
Report by me @LucasNuzzi@alexrmead@kylewaters_ 🧵👇
"The Financial Accounting Standards Board on Wednesday said companies should use fair-value accounting for measuring bitcoin and other crypto assets" - @WSJ
This is a major milestone on the road to institutional #bitcoin adoption.
https://t.co/b9r8Av9uys
In Q2 2022, #Bitcoin mining efficiency surged 46% YoY, and sustainable power mix reached 59.5%, above 50% for the 5th quarter in a row. The network was 137% more secure YoY, only using 63% more energy. It is hard to find an industry more clean & efficient.
https://t.co/gqYn8qew9R
Basically, bitcoin is a tool.
Like how a VPN can make it easier to send and receive information in hostile computer networks, bitcoin can make it easier to send, receive, or store value in hostile financial networks.
Some people need and understand those tools more than others.
Certain members of Congress sent a letter to the EPA premised on several misperceptions about #Bitcoin mining. We have authored a response to clear up the confusion, correct inaccuracies, and educate the public.https://t.co/Ks6fh9Cg0Z
We have just completed an allocation of cryptoassets to our corporate treasury, our firm’s first of its kind investment in the asset class. This includes Bitcoin and Ethereum tokens, and carbon offsets to maintain a net-zero carbon transaction: https://t.co/32hsKbnGuC