We went “asset heavy” years ago when the en vogue move for miners was to go asset light and stack asics.
We bought land.
We bought data centers.
We built substations.
We partnered with utilities.
We stacked power purchase agreements.
We own our infrastructure.
All the while stacking 13k BTC at 54%+ gross margins.
We use that MASSIVE stack of bitcoin as collateral to borrow cheap fiat and build more infrastructure. Also. We’re about to celebrate ONE WHOLE YEAR without selling a single share of equity and no ATM.
Z E R O EQUITY DILUTION OF ANY KIND SINCE 11/24.
Now all you hear about is the value of land and power.
It’s almost like the perfect storm.
33 data center locations. 1.03GW of CONTRACTED, AVAILABLE POWER.
1.7GW CURRENT PIPELINE.
Major cities. Rural communities. More to come.
Right where we need to be.
Stay tuned. $clsk @CleanSpark_Inc
ugh. far worse than i could've imagined. skipped past slippery slope arguments, @lukedashjr / knots plan is to jump straight to the censorship tech that myself and @csuwildcat were specifically warning about with legal citations from prior internet cases. https://t.co/lhvGscoXVX
Did you know that you can just continue to run Core v29, which signals your opposition to the proposed changes without also signaling that you are retarded (by running Knots)?
You’re not broke because of Netflix, avocado toast, or Starbucks.
You’re broke because your government printed $7 trillion and handed it to banks and defense contractors.
Buy Bitcoin, not another latte.
That's 0.07% of global energy use (comparable to many other random industries, and often using otherwise wasted/stranded energy).
Its service is that it gives people an alternative for when the IMF comes and makes a deal with your country's govt to devalue your currency. 😉
Misleading statistic because much of Bitcoin's energy usage is often from stranded, wasted sources that others cannot utilize. It has also been shown in 20 peer reviewed papers and 7 independent studies to stabilize and decarbonize grids, mitigate methane and lower electricity prices and is 52.4% sustainably powered (unlike the much lower sustainable power mix of the banking industry, and gold mining - which Bitcoin provides viable and technologically superior alternatives to)
source: https://t.co/Tdq6i0kBY3
Contrary to the implications of this tweet, Bitcoin has 19 well documented usecases that create value to society.
source: https://t.co/WAxnGEmcku
Important context: Bitcoin threatens IMF with disintermediation in 5 ways which I have categories previously here --> https://t.co/G409u9fmAn
and IMF has a reputation for openly opposing Bitcoin, repeatedly citing "concerns" that have consistently failed to materialize. (source: https://t.co/EmWEe1DdsD)
Its perspective on Bitcoin is neither neutral nor objective.
Two years ago, @JeffBooth challenged me to say why the ultimate environmental benefit of Bitcoin is how it replaces the fiat economy's incentive to consume and waste, with a Bitcoin incentive to think about tomorrow and save
Took me two years Jeff, but here it is!