Came over to nostr to say tysm @ODELL & @Marty Bent for the based bloomberg condemnation. Will, Colin, & I work really hard to source & report on important stories in the mining industry and it sucks when major news companies knowingly snub our work, especially when we've actually had a history of handholding them to help them understand the industry. https://youtube.com/clip/UgkxwdHme5bSAjRwDXcpb5-_aJASfI7Z5HQ8?si=GYelwWtXecyVlJSR

We're about to solve all your BitAxe supply chain woes. Watch for an announcement this week.

The assumption that everyone needs to fully understand the entire scope of a soft fork does not have historical precedent. Very few people outside the technical community understood Taproot. Like pretty much nobody did if we're being honest. Segwit was similar -- I really don't think many people knew what Segwit really was outside of the developers. So to demand that all Bitcoin participants understand the full capabilities of covenants or else it's not even worth talking about how to activate is pretty ridiculous. That is, unless this demand comes with a significant retroactive framing of previous soft forks having been done in a way we regret. Now, I think it should be our goal and duty to explain it to as many people as possible but the reality is that these changes to bitcoin have happened with 90%+ of the Bitcoin community having no clue that was happening. How do you square the reality that the overwhelming majority of Bitcoin participants had no idea what was going on (I would make the claim 90%+) and yet we demand overwhelming 90%+ consensus for soft forks? Do not mistake my point for advocating for a contentious "sneaky" soft fork -- my point is that so much of the framing is wrong from the ossification camp & "maybe we soft fork in a few years to a decade" camp. I have never seen so many goalposts move so quickly as I have over the past year.

setting up some bitaxes today. went from plugging in 600 rigs in 2023 to 0 in 2024. feels good to set a couple more up even if it's negligible hr