We have at least one solar CEO who is willing to support "Subsidy-free by 2028." Who else? @elonmusk?

Another day, another bitcoin mine visit🤓 Cholla innovation lab has it all—air cooled, hydro, immersion, miners from all the different manufacturers and also various mining software. Thank you, Brad. This was my favorite mine visit by far🙌

$IREN Dominion Energy expects the time it takes to connect large data centers to the electric grid to increase by one to three years amid a surge in requests, bringing the total wait time to as long as seven years. The longer wait time applies only to large data centers that need more than 100 megawatts of electricity and won’t affect projects that have already been evaluated, according to a letter the company’s transmission arm sent its regulated utility as well as co-ops and local utilities.

Non-violent drug offenders serving life without parole. There are many of us in here. We ask for mercy. freeross.org/life-sentences-…

The part most will miss about this achievement is that data center players unable to power and cool 200 kWh per rack will soon be irrelevant to the AI race. We're headed for 1 MW next. Why? Because closer GPUs communicate faster. Supercomputing requires the largest possible clusters of contiguous compute.

Every bitcoiner should have a podcast and a treasury strategy.

The beacons are lit.

If God wanted us to build Type 1 Civilization, he would have: 1. put a giant fusion reactor in the sky (emitting blackbody radiation around 5800 K) 2. made 28% of Earth's crust out of a semiconductor with a matching bandgap (~1.1 eV or so) 3. filled the oceans with an alkali metal we could use to store limitless quantities of energy (sodium or something similar) That would be a crazy coincidence...

Home Assistant starting and stopping an #Antminer S9 running @braiins_systems We’re so close heating (temperature controlled!) all our houses with Miners 🥰😎 #homemining

"The big money is not in the buying or selling, but in the waiting." — Charlie Munger

Post a photo you took from an airplane

humans are taking too long. maybe i should design my own kardashev scale..

There's one thing driving all Bitcoin miners: the profit motive. That means any concerns they might have about massive electricity use and emissions will be secondary to profit.

Stargate will be a game changer for not only Texas but for our country. The $500B investment by OpenAI, Softbank, & Oracle to build AI infrastructure will create over 100k jobs & position the U.S. as a global leader in AI, putting us ahead of China in the race. I’m proud that Texas will lead the charge, becoming home to the first 10 Stargate data centers! #txlege

Arbitrarily limiting registered & qualified Load Resources from competitively bidding to provide a service to Texans. Who wins? Batteries, industrials, and other resources who get to charge Texans more, since they lobbied away competition.

The Texas grid just served its largest winter power load ever. No problem. The Texas power grid is now far more powerful and resilient than ever. And, we are adding much more power this year. expressnews.com/business/art… via @expressnews

Please explain

One last article to round out the year. The Abundance Through Scarcity Paradox. The relationship between an abundance mindset, abundance in resources and #Bitcoin (inspired by @GideonOPowell). Abundance is created through scarcity. Happy New Year! graduallythensuddenly.xyz/ab…

Me explaining to my father-in-law how to safely self-custody his bitcoin

It takes time to upgrade capacity. Being a little bit flexible and having some storage means we can get a lot better use out of the infrastructure we’re already paying for.

i wish I realized this sooner but if you are scared to build something bc of big competitors, don't be. After working in FAANG you realize just how corrupt big corps are ex: can't do anything without 20 person approval the solo autist in his moms house can change the world.

Oil waste becomes hashpower. Welcome to Texas!

Biden's oil releases broke OPEC. He is now slowly refilling the strategic petroleum reserve. finance.yahoo.com/news/oil-f…

Me thinking about building my own grid.

This is a Midland, Tx drilling rig at 11am in the morning. Connecting joint to joint with ambitious hands working on new wells. There is literally no other city in the world like it. #OFS

Bitcoin and crypto miners are costing Texans more than $1.8 billion in higher electric bills, and a top energy firm says that price will only go higher. Here's what lawmakers can do to protect consumers. houstonchronicle.com/busines… #txlege

You’re really not going to offend me by calling me a solar bro. You’re free to think that lifting weights and harnessing the power of the Sun for global abundance isn’t awesome. You’d be wrong though.

Meet up with TSTC, MARA, Oncor, and Cholla out in West Texas

If God wanted us to build Type 1 Civilization, he would have: 1. put a giant fusion reactor in the sky (emitting blackbody radiation around 5800 K) 2. made 28% of Earth's crust out of a semiconductor with a matching bandgap (~1.1 eV or so) 3. filled the oceans with an alkali metal we could use to store limitless quantities of energy (sodium or something similar) That would be a crazy coincidence...

Riot issued a statement today in response to recent inquiries regarding its power strategy following its August monthly operations update. In particular, on September 6, 2023, CNBC published a story titled Texas paid bitcoin miner Riot $31.7 million to shut down during heat wave in August. Unfortunately, this sensational and inaccurate headline has caused confusion, which we would like to dispel. Read more in today’s press release: riotplatforms.com/news-media….

S9s delivered to the Park Austin. For the plebs 🤘 Grab the whole unit, or just the PSU - perfect for your tinkering needs. Power to the people ⚡️

“Bitcoin is easy to ban!” meanwhile folks are hashing with used cooking oil…

We got a whiteboard.

Idk who needs to hear this but oil could go a lot lower.

Texas electricity prices were very negative this morning due to massive wind power generation. #Bitcoin miners did their part to absorb the excess electricity. Energy abundance!

Without principle, you can and will defend almost anything your tribe does. Which is why altcoiners are so good at mental gymnastics.

The market has not really grasp what a gem of a site $IREN's Childress site actually is. If they didn't grasp idea previously, they certainly should have a better idea after today's announcement of an additional 150 MW being added immediately to available power capacity. Perhaps it's still the lingering effects of the @CulperResearch's hit piece, but the market should really do better DD than relying on that BS for a trust fund baby. Just in case, I will present the bull case for Childress. The 2 biggest things you need for a DC site is land and power, and Childress has it in spades. $RIOT's Corsicana is hailed as a gem with it's 1 GW connection agreement, granted that is very impressive, and there won't be many 1 GW sites going around in the future. However, I have posted (more as a joke) about the hilly terrain that Corsicana sits upon, and one of the reasons why construction there is slower relative to the pace of other similar sites that are flat such as Childress. In terms of space, this is where Childress really trumps Corsicana. Corsicana is listed as 265 acres, and Childress is listed as 420 acres on their respective websites (insert blunt joke here). However, that is actually underselling the true size of Childress. 422.59 acres is actually only the largest 1 of 3 parcels own by $IREN at this location. The other 2 parcels are 79.55 and 78.73 acres respectively, giving it a total of 580.87 acres, which is more than 2X the size of Corsicana in terms of acreage. From the investor deck released yesterday, IREN has outlined the boundaries of the Childress site, which is in line with the 3 parcels of land shown here in the satellite maps. IREN was also kind enough to leave us easter eggs of high res panoramic views in their deck. I have outlined the boundaries on one of the high res views just to give people a sense of the scale at Childress, and what else can be built at this location. The other piece of puzzle is power. Not many people saw the additional 150 MW coming, myself included. However, if anyone is paying close attention to what @danroberts0101 has said previously about the the Texas panhandle, then it is not really that surprising. According to him, there is about 32 GW of power generation coming from wind and solar, but only 12 GW of transmission lines to bring that power to population markets further south in Texas. There is still a lot of wasted power generation. This leads me to believe this site can have even further capacity added in future. We just don't know what stage of development the future hypothetical capacity addition is at, but it's certainly possible. That would truly be big cherry on top for this site. It would be disingenuous to talk about building DCs without talking about cooling. Texas is hot and there isn't much water around. However, we know there now very effective solutions without much water usage, or at all, to this part of the equation. I keep echoing the Lancium deal to build DCs for $MSFT and $ORCL in West Texas as proof, as well as pointing to these type of solutions being implemented in similar climates in Arizona and Georgia. Given the ample land that is owned by $IREN to build on this site, and now 150 MW of additional power capacity available immediately, that is de facto getting a 150 MW site for free. What would happen if one of the other BTC miners announced that they have acquired a 150 MW, 160 acre site in Texas, and it was for free? How much value would that have been added to the company's market cap? This is essentially what has happened here to IREN. Eventually the market will get it, they're still giving you a discount on $IREN today. From my post yesterday, I speculated that 100 MW was left over after expansion to 40 EH by IREN. That is now at 250 MW. On top of the BTC mining, Childress is now a 250 MW greenfield site for AI/HPC that is available now, if you can build fast enough. How many other 250 MW greenfield sites are available out there with power right now? Please also keep in mind that a single contiguous 250 MW site is worth more than 250 MW of cobble sites in aggregate. With today's announcement, it leads me to conclude that the engineering drawings of a T3 DC were in fact based on Childress. Will there be a customer soon? That, I have zero clue at this point. We'll just have to wait and find out.

big. beautiful. buildings.

The US should welcome Ukrainian refugees. We have a labor shortage. They are a people in need. Seems a perfect match.

gm

Oil & Gas guys were baptized in boom-bust cycles and forged in volatility. We understand that Bitcoin mining in a bear market is a natural opportunity set, which more will gravitate to. digitalwildcatters.com/podca…

Just had my 1st Fathers Day without my dad. I thought I would share & explain his rules to live by I discovered while going thought his desk…🧵

During the #texaseclipse, not only did thousands of homes w/ solar and storage - provided by multiple retailers - provide grid stabiity with residential #solar-charged #batteries (@TheDavidEnergy @reliantenergy @txuenergy @OctopusEnergy @Shell_USA @calpine to name a few), #TeslaElectric #VPP customers in #Dallas and #Houston helped stabilize the grid with #solar and #Powerwall as on-the-spot reserves: they followed dispatch instructions to release their reserved capacity to @ERCOT_ISO to provide #nonspin #ancillaryservice mid-day: as my #VPP team has said today, "deepening of co-ordination & trust between #Texasgrid & distributed resources, where the latter is not just incentivized through real-time price signal, but is ALSO on stand-by to chip in automatically at a moments notice through a day-ahead binding contract" is a same-and-better reliability product that speaks volumes for what #Texans can do to help the grid: and be paid for it. " #ADER - Aggregated #DERs -- is an in-market, competitively priced, reliability service from #residential customers' systems, that is being piloted today, and will be metacritical tomorrow in the state's energy toolbox: We don't need to pay only #bitcoin, #factories, #bigbatteries, #powerplants, we need to pay EVERYONE for the degree of reliabiity they can and will be capable of providing at massive scale: especially on a moment's notice. That's #texasresidents it's #smallbatteries its #backup, it's #TeslaPowerwall, #ADER: that's the future, happening now in #Texas #MoreOfEverything. That is why, there are 20 members on the @PUCTexas #ADERTask Force who are in practice in different fields or parts of the energy value chain, some are in competition as businesses, but ALL are working together to define and validate #DER #VPP reliability so the grid can trust the product and consumers can trust the system. Projects like this are beacons - they're iconic: #Texas will continue to be market leader because these projects can happen here: fearless, avant garde efforts that thrive on competition and cooperation to secure an energy future that must match a tremendous economic growth trajectory. A big congrats to the #TeslaTexas #VPP team & the regulatory & legislative work that has enabled new, compelling, pathbreaking market design in @ercot to make this possible.@JasonRyanTexas @PUCTX #txlege @GregAbbott_TX @DrSchwertner @SenatorBobHall @PhilKingTX @toddahunter @baglino @teslaenergy @Tesla #ADERTaskForce @JigarShahDC @SERobinsonJr @SawyerMerritt @wholemars @ENERGY @SecGranholm @Clm1403 @Stambush @GailAlfarATX @SERobinsonJr @douglewinenergy @_modalla @theamyheart @cnsrvtxns4nrg @OPUCTX @DanPatrick @ERCOT_ISO @APowerAlliance @EnchantedRock @dertaskforce @TLGCarrie Details: VPP Tesla post: linkedin.com/posts/ameetdesh… VPP Customer Data: nitter.app/Clm1403/status/1… ERCOT Event Data: lnkd.in/g7SWZYuF

North American Blockchain Summit - “Energy Contracts in Bitcoin Mining” presented by @Bitcoin_Curtis , thank you for hosting a great panel Curtis & @TXblockchain_ #ERCOT #Energymarkets #DataInfrastructure

hodlranch.io #permian #bitcoin #Texas #100MW #HODL

@GideonOPowell: "When God made Texas, he had bitcoin mining in mind." 😂😂👑

“Bitcoin Mining is a Decentralized Energy VC” - @GideonOPowell nitter.app/i/spaces/1MYxNoWmNnPKw

How does geothermal energy stack up compared to other renewables like solar and wind? Read the latest from @CSISAmericas: csis.org/analysis/turning-he…

If all the single guys are getting girlfriends this #bitcoin cycle, then what are the married guys getting?

An underappreciated energy sector story is the role the electric grid will play in supporting – or stopping in its tracks – the boom in American manufacturing. Every single new of these new job-creating projects will need electric service. 💡🔌

The more we load our grid with intermittent generation, the worse the grid performs during times of maximum demand. Subsidies are meant to drive prices down and boost supply. But subsidizing wind and solar has done exactly the opposite. The One Big Beautiful Bill will help end wasteful subsidies and deliver more reliable energy for the American people!

Hitting the road for Houston, part of a caravan of about 20 folks coming from Austin for the Houston #Bitcoin Meetup tonight, expecting a big crowd of bitcoin miners, energy professionals and of course, bitcoiners from all over the country. No excuses. meetup.com/houston-bitcoin-m…

The energy transition feels like a decelerating wobble Distributed ppl don’t want to distribute Renewable ppl are stuck in 2015 Nuclear ppl don’t know what size reactors to build - much less what type Market ppl can’t come up with better markets We’re goin to space tho