#CRYPTO MINING

[mostlysignssomeportents]

“Carbon neutral” Bitcoin operation founded by coal plant operator wasn’t actually carbon neutral

I'm at DEFCON! TODAY (Aug 9), I'm emceeing the EFF POKER TOURNAMENT (noon at the Horseshoe Poker Room), and appearing on the BRICKED AND ABANDONED panel (5PM, LVCC - L1 - HW1–11–01). TOMORROW (Aug 10), I'm giving a keynote called "DISENSHITTIFY OR DIE! How hackers can seize the means of computation and build a new, good internet that is hardened against our asshole bosses' insatiable horniness for enshittification" (noon, LVCC - L1 - HW1–11–01).

Water is wet, and a Bitcoin thing turned out to be a scam. Why am I writing about a Bitcoin scam? Two reasons:

I. It's also a climate scam; and

II. The journalists who uncovered it have a unique business-model.

Here's the scam. Terawulf is a publicly traded company that purports to do "green" Bitcoin mining. Now, cryptocurrency mining is one of the most gratuitously climate-wrecking activities we have. Mining Bitcoin is an environmental crime on par with opening a brunch place that only serves Spotted Owl omelets.

Despite Terawulf's claim to be carbon-neutral, it is not. It plugs into the NY power grid and sucks up farcical quantities of energy produced from fossil fuel sources. The company doesn't buy even buy carbon credits (carbon credits are a scam, but buying carbon credits would at least make its crimes nonfraudulent):

https://pluralistic.net/2023/10/31/carbon-upsets/#big-tradeoff

Terawulf is a scam from top to bottom. Its NY state permit application promises not to pursue cryptocurrency mining, a thing it was actively trumpeting its plan to do even as it filed that application.

The company has its roots in the very dirtiest kinds of Bitcoin mining. Its top execs (including CEO Paul Prager) were involved with Beowulf Energy LLC, a company that convinced struggling coal plant operators to keep operating in order to fuel Bitcoin mining rigs. There's evidence that top execs at Terawulf, the "carbon neutral" Bitcoin mining op, are also running Beowulf, the coal Bitcoin mining op.

This is a very profitable scam. Prager owns a "small village" in Maryland, with more that 20 structures, including a private gas station for his Ferrari collection (he also has a five bedroom place on Fifth Ave). More than a third of Terawulf's earnings were funneled to Beowulf. Terawulf also leases its facilities from a company that Prager owns 99.9% of, and Terawulf has *showered * that company in its stock.

So here we are, a typical Bitcoin story: scammers lying like hell, wrecking the planet, and getting indecently rich. The guy's even spending his money like an asshole. So far, so normal.

But what's interesting about this story is where it came from: Hunterbrook Media, an investigative news outlet that's funded by a short seller – an investment firm that makes bets that companies' share prices are likely to decline. They stand to make a ton of money if the journalists they hire find fraud in the companies they investigate:

https://hntrbrk.com/terawulf/

It's an amazing source of class disunity among the investment class:

https://pluralistic.net/2024/04/08/money-talks/#bullshit-walks

As the icing on the cake, Prager and Terawulf are pivoting to AI training. Because of course they are.

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/08/09/terawulf/#hunterbrook

[gainercryptocom]

Caw Crypto Price Prediction: Unveiling Future Market Trends

[mommatakescareofthebills]

i love being told everything btw. if i love you and youre talking to me not a single detail is too much. youll never overestimate how much of the fabric of your day to day i want to hold in my hands and know the model and make of. im Everything Matters girl and everything matters to me

[kinksmog]

i was desperate for money in 2020-2021 so i did mine crypto for a little bit and did make some money from it, but ultimately decided to just look for jobs and not get super fucked by the irs on accident later. Anyway, if you’re like me and you tried it out and you used a website called NiceHash, they’re apparently going to try to charge inactive accounts.

I got this email:

I did look on Reddit and apparently some people were able to cancel their accounts and some were not, as if the option had been taken away from their website. I haven’t had the opportunity to look into this, but I was able to still login to my account to look around. These are what they’re saying they will charge for whatever infractions that occurred against your account:

0.00010000 BTC per month, which as of right now’s price for bitcoin translates to about $5 a month from my very lazy estimate because I accidentally left some bitcoin in my wallet and never cashed it out the last time I logged in 3 years ago.

I’m not sure how legal this is, I’m not sure if it’ll get squashed by backlash, I’m not really sure what to do except maybe start mining again? That’s what it seems like they want anyway.

Regardless I hope this information helps anyone else that might be affected by it.

[reasonsforhope]

“New York will instate a two-year moratorium on new fossil fuel-powered cryptocurrency mining operations as the state works to balance its economic development and climate goals.

Gov. Kathy Hochul on Tuesday signed the controversial measure into law that would create the first-in-the-nation temporary pause on new permits for fossil fuel power plants that house proof-of-work cryptocurrency mining, which is a process used in the transaction of digital money. Hochul, who had punted on the issue for months after the Legislature passed the bill in June, was elected to a full term Nov. 8.

Upstate New York has become attractive to companies that “mine” digital currencies, including Bitcoin, because of the availability of former power plants and manufacturing sites with unused electrical infrastructure. But Hochul said that the moratorium is an important step to avoid increased emissions from the industry restarting old power plants as she guides the state toward ambitious climate goals...

“I am signing this legislation into law to build on New York’s nation-leading Climate Leadership and Community Protection Act, the most aggressive climate and clean energy law in the nation, while also continuing our steadfast efforts to support economic development and job creation in upstate New York.” [said Governor Hochul.]

The new law will also trigger a study by state Department of Environmental Conservation to study the impacts of the cryptocurrency mining industry on the environment.” -via Politico, 11/22/22

[freeecryptobank]

FARMIX MINING BOT

[cruptodrop]

How to make money in cryptocurrency without investment?

There are many ways to earn cryptocurrency without any investment. We can participate in projects that will give us their project coins.

But now we will consider earnings in Telegram. I analyzed and selected 3 projects in Telegram that will distribute airdrops by the end of 2024.

All these projects have been officially confirmed by Telegram.

1. Blum is another popular Telegram clicker that also offers a wide range of earning tasks. Its main feature is the opportunity to earn not only on the completion of tasks, but also on the referral program. By inviting friends and acquaintances, users can receive additional bonuses. Blum is also known for its stable operation and high level of safety. Binance labs also supported the project.

2. Tapswap is one of the most popular clickers on Telegram that offers users the opportunity to earn money for completing simple tasks. It has a convenient interface and a large number of available tasks. Users can earn money for viewing messages, subscribing to channels or groups, and other activities. The official Telegram channel of the project wrote that the listing is planned for the 3rd quarter of 2024.

3. MemeFi is a clicker that is aimed at a youth audience and combines the elements of entertainment and earning. Users can receive rewards for interacting with memes, subscribing to channels with entertaining content, and participating in various contests. MemeFi stands out from other clickers with its unique concept and a large number of fun tasks, which makes it popular among young people.

Thank you for attention!!!

[voiceofurm]

WHITE BUNNY game, a Telegram tap-and-earn game | SOLANA

[diffinmarsh]

Buy virtual card with bitcoin and get #discount

Unlimited transition and Buy virtual credit card with cryptocurrency

[menericard]

Buy virtual card with bitcoin and get #discount

Unlimited transition and Buy virtual credit card with cryptocurrency

[gainercryptocom]

New Crypto Coins: Exploring the Latest Digital Investments

[health-2021]

About Company

With rich experience, team members have been working in the cryptocurrency mining industry, software industry, and information security industry for over 6 years.

Cloud mining is a new type of mining that has the characteristics of low cost, low risk, and high profit. Users do not need to understand the principles of mining and various software and hardware, nor do not need to buy expensive mining machines and pay expensive electricity bills. And also do not need to maintain it. Its only need to purchase a computing power contract to start mining.

link

video

[asicminershub]

Market Impact of Innosilicon's ASIC Miners

Innosilicon

Innosilicon is a well-known company in the cryptocurrency mining industry that specializes in the design and production of high-performance ASIC miners. Founded in 2006, Innosilicon has established itself as a leading player in the market, delivering innovative and efficient mining hardware solutions to miners worldwide.

The company prides itself on its commitment to research and development, continuously striving to improve upon its previous designs and deliver cutting-edge technology to its customers. By leveraging its expertise in semiconductor design and fabrication, Innosilicon has managed to stay ahead of the competition and earn a solid reputation for its products.

Here is the list of the best innosilicon miners as of 2023 ranked according to profitability, price and durability.

1.Innosilicon KAS Master Pro

2.Innosilicon Kas master 2 THS

3.Innosilicon Kas master 1 THS

4.Innosilicon T4 BTC Miner

5.Innosilicon a11 Pro 8gb

6.Innosilicon a10 pro 6 GB

Mining Hardware

Mining hardware is an essential component of the cryptocurrency mining process. It refers to the physical equipment utilized to validate and record transactions on a blockchain network. As the complexity of mining cryptocurrencies increases, miners require powerful and specialized hardware to compete and generate profits.

In the early days of cryptocurrency mining, miners utilized general-purpose CPUs and GPUs to mine cryptocurrencies like Bitcoin. However, as the industry evolved, ASIC miners emerged as the most efficient and cost-effective solution for mining popular cryptocurrencies. Companies like Innosilicon have played a crucial role in designing and manufacturing ASIC miners that offer superior performance and energy efficiency.

ASIC Miner

An ASIC (Application-Specific Integrated Circuit) miner is a mining device specifically designed to mine cryptocurrencies. Unlike general-purpose CPUs or GPUs, ASIC miners are optimized to perform a single task - the computation required for mining. This specialization allows ASIC miners to perform mining operations significantly faster and more efficiently than other hardware alternatives.

Innosilicon has been at the forefront of ASIC miner development and has released several generations of mining hardware over the years. Its ASIC miners are known for their high hash rates, low power consumption, and durability. The company's dedication to innovation has enabled them to continuously push the boundaries of mining technology.

Their ASIC miners are designed to mine various cryptocurrencies, including Bitcoin, Litecoin, Ethereum, and more. Innosilicon's product lineup includes a range of models catering to different levels of mining operations, from individual miners to large-scale mining farms.

One notable aspect of Innosilicon's ASIC miners is their focus on energy efficiency. The company understands the ecological impact of cryptocurrency mining and aims to minimize energy consumption while maximizing mining performance. This approach not only benefits the environment but also leads to reduced operational costs for miners.

Innosilicon's ASIC miners are designed to be user-friendly and accessible to miners of all skill levels. The setup process is straightforward, and the company provides comprehensive support and documentation to assist miners in getting started quickly. Additionally, their mining hardware is known for its reliability and durability, ensuring that miners can operate their machines without any major interruptions.

The constant evolution of Innosilicon's ASIC miners showcases their commitment to staying ahead in the competitive mining industry. By incorporating the latest advancements in semiconductor technology and constantly refining their designs, they continue to deliver top-of-the-line mining hardware to miners worldwide.

In conclusion, the rise of ASIC miners in the cryptocurrency mining industry has revolutionized the way miners operate. Innosilicon, as a prominent player in this space, has played a vital role in driving this evolution. Their dedication to innovation, energy efficiency, and user-friendly designs has contributed significantly to the progression of the mining hardware market. As the industry continues to evolve, it will be interesting to see what new advancements Innosilicon brings forth to further enhance the mining experience.

[freeecryptobank]

USDT MINT MASTER

[stylewerx]

Jan Gregory named The Most Powerful Person in the Crypto Networking Industry leading the Globe with a 50,000+ Bitcoin Army

Jan Gregory, currently CEO and CMO of the world’s best brands in passive AI driven income. As you may already know, Jan Gregory has recently been recognized as the “Most Powerful Person” in the world of network marketing!His leadership and vision have led his companies to great success, and many of the world’s top leaders in the industry are joining his Diversity 2030 Vision to achieve their…