building @blockspace organizer @opnext2026
Brooklyn, NY
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- Following 2,202
- Followers 12,922
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The Navajo Nation are mining #Bitcoin
And we're lucky enough to share the story first:
📺 piped.video/b94XAejlFa8?t=26
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There’s a HUGE lawsuit underway at @ConsenSys no one is talking about. An it reads like a National Enquirer piece 🧵
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If you think about it, Barry's $500K investment (coindesk) liquidated his $2.4 billion lending book (genesis).
oof
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BREAKING: The Department of Justice has charged and arrested the @SamouraiWallet co-founders with "conspiracy to commit money laundering and conspiracy to operate an unlicensed money transmitting business."
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Be careful out there! I left an S9 in my car overnight and someone smashed the window and left 2 more inside
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From Bars to #Bitcoin, the documentary airing tomorrow 1/31.
nitter.app/i/spaces/1OyKAVOnkdDGb
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.@Greenpeace commissioned artwork to encourage #bitcoin to leave Proof-of-Work
h/t @polarpunklabs
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Bitcoin people will tell you Ethereum sucks
And Ethereum people will tell you bitcoin sucks
But you will find both coins in all of these people’s wallets
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he could give a billion dollars to every American and still have over 70 billion left over
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Extra: All this information is public and stated in the linked documents. I have no affiliation with either party, but find it interesting given ConsenSys place in the larger ecosystem.
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Takeaway? One of Ethereum's most important VC firms is about to go thru a messy legal ordeal. It could have implications for every founder, project and token involved.
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the first correspondence between von Mises and Murray Rothbard (1949). And of course, they’re dunking on Keynesians ⛹🏾♂️
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Overwhelmed by the amount of info requests from various tribes across the US and Canada following this documentary.
#Bitcoin is sovereign money. Thank you to the Navajo Nation, @LuxxfolioH and so many others for making this possible.
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lol @ VCs calling @jack "irresponsible" while profiting off of Ponzis
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BREAKING: @FoundryServices will 'isolate' the #Bitcoin Halving 'Epic Sat' and redistribute profits to its pool clients.
Every mining company is now an Ordinals company.
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Luke loses all his bitcoin and immediately a top 50 US bank sponsors his new project that actively censors transactions but sure he’s not captured by the establishment
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"A silent financial revolution is occurring on Navajo land, and it’s fueled by the growth of a new industry: Bitcoin mining."
Read my Op-Ed in @BitcoinMagazine on why the Navajo Nation is adopting Bitcoin mining!
bitcoinmagazine.com/culture/…
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So, Swan is suing its former employees for 'stealing' its alleged $1B mining business.
If you havn't been paying attention to mining this might be a bit confusing so here's a thread 👇
BREAKING: Swan sues former consultants and executives for attempted “'rain and hellfire'" plan to steal Swan’s billion-dollar Bitcoin mining business" in coordination with investor and JV partner Tether.
(Source in reply)
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What's happening with Swan? And how is Tether involved?
Catching y'all up on the biggest drama in Bitcoin mining since ASIC boost 🧵
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Gupta further alleges that she left ConsenSys after numerous cases of “misogyny,” “hard drug use,” and "illegal payments.” She didn't want to leave. She had to, and shouldn't be penalized for it.
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Patrick Blumenthal
@KavitaGupta19 was a general partner at ConsenSys alongside @ethereumJoseph. She managed a fund from $13.5 million to over $300 million from 2017 to 2019, until she resigned to teach at Stanford.
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In a new lawsuit from last month, Gupta alleges Lubin won't pay so he can keep the carry. As the other GP, he would be entitled to the profits (and not ConsenSys).
drive.google.com/file/d/1AkD…
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✨personal news✨
Friday was my last day @compass_mining!
I left media last bull cycle to get the full crypto startup experience, and it didn’t disappoint.
For now, I’m taking a break while working on a few projects with friends.
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Two years later she’s asking for the carry she’s entitled to (20% of profits or ~$50 million).
Problem? Lubin won’t pay.
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so did @toly build an entire L1 just to fund his dream iphone competitor cause thats what it looks like
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Bitcoin miners are about to have the highest profits ever going into a halving
Don’t fade it
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Disappointing to see Bloomberg rip off @blockspace original reporting on the US CBP seizing Bitcoin miners at the border.
Behind Blockspace is 3 Bitcoiners passionate about protecting and growing the industry.
Ripping off small media teams directly hurts our ability to monetize and grow our org. Do better.
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According to a separate filing after Gupta’s, ConsenSys alleges Gupta lied about degrees from Harvard and MIT, a job at McKinsey, space tech patents and even a stint with NASA (!!!). ConsenSys claims Gupta presented fabricated documents to back up her claims.
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The curious part is the time discrepancy between the "resume fraud" being discovered, and her leaving the firm. The court will have to weed its way through two different time lines.
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But what does Lubin and ConsenSys have to say? Gupta lied about her resume and was ASKED to resign, meaning she lost her right to the carry.
documentcloud.org/documents/…
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ConsenSys claims Gupta lost her carry after the “fraud” was discovered. With her suit, ConsenSys is now countering, asking for her salary, bonuses and any equity given back.
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one year anniversary of self-employment
grateful to the dozens of people who've helped me pull it off
from late night Telegram text threads to sponsorships and more–feeling grateful
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Chase kicked us out for being a #Bitcoin company
Nice to see @TheStreet pick it up! We don't mine bitcoin, though! Self-mining is a conflict of interest against our retail plebs ⛏️🧭
thestreet.com/crypto/bitcoin…
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I’m going LIVE with @kentpdraper of @IREN_Ltd TOMORROW as the market closes! $IREN
We’ll be joined by @GaryCardone to talk AI, HPC and much more!
nitter.app/i/spaces/1BdxYqymvZYxX
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I'll be interviewing @smatthewschultz of @CleanSpark_Inc later today!
What questions do you have for him and the management team? Reply below! 👇 $CLSK
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Be careful out there!
I left two S9s in my car and someone broke in and left 2 more.
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Have the mining containers on a barge in international waters. Check mate, statists
The future of #bitcoin mining could be the deep blue sea.
Wonder who will be the first bitcoin miner to connect a Tidal Turbine to an S19?
🤯🤯🤯
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Beyond excited to announce I've joined the @compass_mining team to head up a new content powerhouse with @zackvoell.
Give us a follow for industry specific research, data and the occasional good tweet from Zack.
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Hello, Cleanspark Pool 👋
@ZachKBradford, CEO of @CleanSpark_Inc $CLSK, told me on @theMiningPod that they'll launch a pool to help diversify the Bitcoin network's pool options.
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Mining #bitcoin with a volcano is not something I anticipated this year, but here we are.
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FMD ☣️
Not only that, the mine uses renewable energy from the abundant Navajo sun. Nearby cities used to take Navajo energy (coal) off the reservation.
But the Bitcoin mine uses Navajo energy on Navajo land for Navajo employment.
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"Riot told investors its electricity cost in 2022 was 2.96 cents per kilowatt-hour.
By comparison, the average price for other industrial businesses in Texas was 7.2 cents. For residents, it was 13.5 cents."
gotta be the stupidest line in the NYT article
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After close to two years covering everything from bitcoin price action to the weeds of eth2, today is my last day reporting at @coindesk.
I can't express my gratitude for this team enough and I expect more dominance from them in the future.
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who will sponsor me to make Mr Beast style content for Bitcoin mining
- how many stationary bikes to run a miner
- how many solo miners to plug in before we find 1 BTC
- 7 days stranded in a bitcoin mine
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I'm interviewing @galaxyhq Co-Head of Mining Brian Wright for @theMiningPod tomorrow!
What questions do you have about Helios, CoreWeave and Galaxy's HPC ambitions?
$GLXY $CRWV
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Join us this afternoon to talk with the Navajo running the mine ⛏️ @compass_mining @BitcoinMagazine
nitter.app/i/spaces/1gqxvlLZObeGB…
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🚨@protomining’s new Bitcoin mining rig:
- swappable hashboards
- air cooled construction
- low as 14.1 J/TH (probs 17 ave)
- +800 TH
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ANYONE can mine #Bitcoin
Great clip from @APompliano picking up the Navajo Bitcoin mining story yesterday.
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Companies / groups coming to OPNEXT in no particular order:
Coinbase
Bitcoin Core
Brink
P2P Org
Char Network
Blockworks
MARA
Grayscale
Bitwise
Lava Protocol
CoinKite
Standard
Citrea
PIPEs
Casa
Second
AnchorWatch
NYDIG
Spiral
Anchorage
Luxor
Cleanspark
Lightspark
Taproot Wizards
Mezzo/Thesis
MIT
Fidelity
Strategy
Magic Eden
👀 are you joining us?
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$RIOT enters the HPC/AI game.
"Riot islaunching a formal process to evaluate the feasibility of developing the approximately 600 megawatts (“MW”) of remaining power capacity at the Company’s Corsicana Facility for artificial intelligence (“AI”)/high-performance computing (“HPC”) uses," per a recent SEC filing.
@RiotPlatforms @JasonLes_
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No, @CoinDesk did the work and uncovered the balance sheet hole.
#shameless
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Bitmain changed its ASIC design. Miners need to be ready
education.compassmining.io/e…
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