January 30th was 'Some Stranger's Day' within the realm of ITG. Where (4 years ago) we got news an OG ITG companion left life way too soon at the age of 26. And we commemorate his loss each year.
For the old ITG squad on Twitter who missed it:
Peace and love be with youβ€οΈ
The Definitive Thread on FTX
I met SBF before FTX started, and witnessed their rise and fall. I can't stand @nytimes's puff piece.
If anyone wants to know what happened, send them this.
With this hole FTX event as a cherry on top, I just keep thinking that this stage is somewhat similar to the ending of the Protocol Wars that ran from the 70βs to the 90βs.
Estimated annual energy consumption in TWh/yr for various industries...
It's going to be lights out for Proof of Work in the nearby future. Probably sooner than one might expect.
Also interesting to see that Youtube exceeds Gold mining in TW/yr π€
#ETH#POS#Energy
Looks like the ratio will keep on grinding the consolidation range further, while the usd pairs are trying to hold their heads above their 2017/2018 ATH levels.