Bitcoin Is Absurd, Part I: Volcano Mining And The Banana Republic
A philosophical dive into how truly absurd the slow but sure monetary takeover bitcoin has been experiencing is.Barely more than two weeks ago I listened live along with more than 20,000 others to President Nayib Bukele of El Salvador and his brother/campaign manager Karim discuss their country’s decision to officially make bitcoin legal tender. Celebrities, billionaires, developers, intellectuals, politicians and anonymous plebs alike listened in while the president answered questions from people with the niche expertise to know exactly what to ask and what to go on impassioned rants....
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ZeusMiner recently debuted their next generation chips within their new Volcano miner. They also have several more tricks up their sleeves. Along with the Volcano, they announced that they are selling and shipping Gen 3 Blade upgrades for their existing miners. They also have announced they are nearly ready to debut their updated ZeusHash platform. CCN was able to get some details and a short interview with ZeusMiner on the new developments. Zeus Miner Volcano Debut. The Volcano ASIC Scrypt Miner offers 300 mh/s at 1000 watts of power at the wall. The Volcano is set to ship at the end of....
Many people doubted Nayib Bukele’s Volcano Bitcoin Mining plans, but here we are. The president shared a video via Twitter in which we can see an El Salvador government-branded container arriving at the geothermal power plant. The reveal is that the container is full of Bitcoin mining rigs and you can see the technicians plugging […]
On Tuesday Nayib Bukele, President of El Salvador, released a new video showing a geothermal facility with Bitcoin mining machines operating on the side of a volcano.
On Tuesday, Salvadoran president Nayib Bukele shared a video of a bitcoin mine operating adjacent to a volcano. Bukele discussed the volcano-powered bitcoin mining on June 9 when he talked about the “95MW of 100% clean, 0 emissions geothermal energy from our volcanos.”
El Salvador’s Nayib Bukele Shares a Video of the ‘First Steps’ Behind the Volcano-Powered Bitcoin Mine Construction
The president of El Salvador shared a video via the social media platform Twitter that said “First steps,” as the film shows ASIC bitcoin mining rigs....
The recent Chinese crackdown on bitcoin mining is confusing, but not incongruent with their ideology.