It seems to me this is a better way to use excess power.

https://www.montereyherald.com/2021/08/19/worlds-largest-energy-storage-system-completes-phase-ii-in-moss-landing/

From: Friam <[email protected]> On Behalf Of Roger Critchlow
Sent: Monday, March 21, 2022 11:01 AM
To: The Friday Morning Applied Complexity Coffee Group <[email protected]>
Subject: Re: [FRIAM] speculative marketing

I read the cryptosplaination in the NYTimes this weekend, and it almost made 
sense, then this.

Isn't there something thermodynamically fishy about a scheme that so directly 
converts capital into ROI?

Bits, and electricity in; bits, waste heat, and profit out;  it's almost as if 
someone made up a parody of economic activity.

And then it gets hot, and the shipping containers start to roar like a parking 
lot full of helicopters revving for take off.  But they never go anywhere, they 
just roar until the temperature goes down, or the spot electric rates go up, or 
bitcoin crashes and the value of committed ledger entries evaporates.

Need a live web3.0cam with 5.1 audio so we can see and hear the future being 
made.

-- rec --


On Mon, Mar 21, 2022 at 12:25 PM Marcus Daniels 
<[email protected]<mailto:[email protected]>> wrote:
Opportunistic use of wasted energy, I can maybe see..
https://www.cnbc.com/2022/02/12/23-year-old-texans-made-4-million-mining-bitcoin-off-flared-natural-gas.html

but it seems time to move on.
https://www.coindesk.com/markets/2022/03/21/traders-bet-on-ether-staking-after-eth-20-upgrade/

That part of the country is so pretty.  It is a pity there are so many reptiles 
that live out there.

-----Original Message-----
From: Friam <[email protected]<mailto:[email protected]>> On 
Behalf Of glen
Sent: Monday, March 21, 2022 8:56 AM
To: [email protected]<mailto:[email protected]>
Subject: [FRIAM] speculative marketing

Gold Rush to Usk
https://www.rangemedia.co/usk-wa-bitmain-ponderay-newsprint-mill-gonzaga-allrise/

> Allrise, a private equity firm that invests in real estate and specialty 
> markets in the U.S. and Ukraine

--
˙sɹǝɟɟns ssɐɹƃ ǝɥʇ 'ʇɥƃıɟ sʇuɐɥdǝןǝ uǝɥM


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