This relates to my recent link post where it was talked about the power of geographically decentralized miners: #417350 This is such a good sign for bitcoin, IMO.
I wish big US miners would copy this strategy rather sooner than later.
246 sats \ 0 replies \ @xz 10 Feb
I don't think it's ever going to be a bad thing for Bitcoin. It's just the facade of regulating energy usage when there's an obvious arbitrage to be made for willing participants. That's healthy. The pretense of banning mining (computing) is short-sighted if not dishonest.
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Niagra Falls and NY missing a lot , right about now... just saying...
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That's for sure. Stupid regulations. Upstate NY is desperate for industry.
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225 sats \ 0 replies \ @xz 10 Feb
"With China banning bitcoin mining about two years ago.."
So, they're not really banned at all. They just expanded into the African continent.
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FYI- I had a major senior moment. The reference to my prior post said it was a link post. It wasn't. I wrote the post, but forgot I wrote it. I need a Prevagen prescription.
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Been there hahaha.
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Nothing safer than deploying fixed assets to the interior of a country currently undergoing two civil wars simultaneously (well, 1.5 currently, and the Tigrayan civil war is essentially on pause).
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This dam was being shilled/Ethiopia was being shilled hard by the miners at this weeks Bitocoin Oasis conference.
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