I was able to travel to see the 100MW Penguin bitcoin mine in Paraguay last year. They didn’t start by wanting to mine. They had a software academy that they needed money to support. So they took advantage of stranded power, and have used this to fund education to the tune of $1.5M. The power of bitcoin mining is not just jobs, stable grids, and less expensive power… it also can be used to finance amazing projects like this!

Excellent talk by @calle Crypto wars 1.0 “Code is speech” >> US Supreme Court says, “Spending money is speech” >> Crypto wars 2.0 “Tornado cash and Samurai Wallet founders indicted” Threatens the notion that we have the right to privacy in our money.

“Critical news can’t beat cat pics” Old friend Anjan (@anjansun) is launching a Stringer News on Nostr architecture.

HOME

Worth supporting.

This is more like it. Sun today.

Off to Oslo.

If you’re in Vegas next week for the Bitcoin conference, my co-founder @Janet Maingi will be there as well. Ask her about our expansion.

Pizza 🍕 incoming.

In Bitcoin mining, survival comes down to margins and margins come down to energy costs. While most miners race to secure ever-cheaper electricity contracts, Gridless takes a different route: we mine exclusively on stranded power, using a revenue share model that eliminates direct energy costs entirely. This gives us a structural advantage in volatile markets, allowing us to stay online when others shut down, and to profit even at historically low hashprices.

Gridless

Mining Without a Bill: The Revenue Share Advantage

In Bitcoin mining, survival comes down to margins — and margins come down to energy costs.

Getting water flow readings. We don’t always have a bridge to work from!

Sundowners. Mt Kenya.