On 28 December 2017 at 17:54, Luke Kenneth Casson Leighton <[email protected]>
wrote:

> ---
> crowd-funded eco-conscious hardware: https://www.crowdsupply.com/eoma68
>
>
> On Thu, Dec 28, 2017 at 4:46 PM, Sam Huntress <[email protected]>
> wrote:
> >>would it not be worthwhile, do you think, to leverage
> > *this* opportunity
> >
> > The problem is that '*this* opportunity' absolutely screams pyramid
> scheme
> > and should not be trusted without solid verification that the operators
> of
> > this mining pool are making the investments they claim to be making.
>
>  genesi - a competing mining company which people seem to trust - have
> virtually zero transparency.  if someone wants to help tracking down
> some bitcoin wallet addresses from youtube videos so that the
> blockchain analysis can be done that would be great.
>


when you google genesis, one of first thing it pops up is scam alert. It is
well known fact.



>
>  the pool stats are available (remember bitclub actually started out
> as a simple mining pool.... that some bright spark went "huh why don't
> we drop a MLM on top of this?") - there's videos of some of the
> equipment in various data centres.
>
>  briefly, last thing today: the equipment in rekjavik they're sinking
> their *own* geothermal bore-holes and installing their *own* turbines,
> keeping it connected to iceland's national grid where geothermal
> electricity is extremely cheap, and, of course, cooling is literally
> free.
>
>  more on this tomorrow, gotta sleep.
>
> l.
>
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