Mark Zuckerberg says Meta is spending hundreds of billions of dollars to build massive GPU compute clusters. Zuck: "Just one of these [clusters] covers a significant part of the footprint of Manhattan.” And people say Bitcoin mining is going to destroy the environment 🤣🤣🤣 image
“I should have just SHUT UP and bought bitcoin” Why do people watch this guy?
The S&P 500 is down 85% in 5 years against ₿itcoin SP500 Price ➗ Bitcoin Price 🟰 ratio Do the math yourself. These are facts. And they are undisputed. image
IS BITCOIN SUSTAINABLE? Enough of the FUD; what are the FACTS Bitcoin energy consumption rose 17% to 138 TWh annually, while hardware efficiency improved by 24% year-on-year, reaching 28.2 J/TH by June 2024. As global hashrate and energy usage has increased 📈over the years, miner efficiency and renewable energy source usage have both increased as well 👌 52.4% of energy usage is sustainable (42.6% renewables (hydro 🌊, solar ☀️, wind 💨 , geothermal 🌋), 9.8% nuclear ⚛️), up from 37.6% in 2022. Natural gas (38.2%) overtook coal (8.9%) as the largest single source. Oil and fossil fuel use is none to negligible. 86.9% of decommissioned ASIC hardware is resold, repurposed, or recycled 🔄 Trends indicate that mining companies are exploring HPC/AI 🤖, flared gas 🔥, waste-heat recovery 🔂, and demand-side response for new revenue and efficiency. (Click “Ask Grok” if you’re curious what some of these are 👆) Greenhouse gas emissions due to bitcoin have been reduced to 39.8 MtCO₂e in 2024 (which is 0.08% of global total GHG emissions), down from 69.6 MtCO₂e in prior estimates. Nearly cut in 1/2, so far. So what do you think? 💭 • Is the Bitcoin mining industry “a great evil”? • Is it acting in good faith and actively seeking sustainability? Share your thoughts please 🙏🏼💬👇 image
This you? image
Want $100 of free Bitcoin? Sign up for @River using this link: Stack some sats.
April 20th 2025, was the date in which the first “future” mission in the campaign for Call of Duty: Black Ops ll was set, a game whose plot contains U.S. military operations against extremist militant groups in Yemen, the rise of AI and drone warfare, as well as a cold war between the United States and China which eventually leads the Chinese to halt the export of rare earth metals. Sound familiar? image
We are living through a GLOBAL ECONOMIC REORDERING. Why would you be invested in company stocks whose value is dependent on performance and earnings? Instead, choose SCARCE RESERVE ASSETS. Fiat will be printed. Debt will be devalued. Bitcoin & Gold will soar northward. image
WHAT IS AN OTC DESK? WHO ARE THEY? Are they manipulating Bitcoins price? Institutional investors, hedge funds, large investors, high net worth individuals, pensions, etc use them to buy/sell large quantities of assets, such as Bitcoin (think ‘1,000 BTC’, ‘$100 million’ buy/sells +). Why do they use them? — They typically use an Over-The-Counter ‘OTC’ Desk to make large purchases when using an exchange or brokerage is not possible due to lack of available assets to trade, or when a trade of the size they want to make would have an impact on the assets market price during their purchase. Another reason — Using an OTC Desk also enables the large purchase without alerting the market openly through the order books as to the traders intentions. AKA it offers ‘transactional privacy.’ • OTC Desks are matchmakers for buyers with sellers (acting as a ‘dealer’). • OTC Desk trades can be crypto-to-crypto or fiat-to-crypto, etc. • OTC Desks make money off of the ‘spread’ (the difference between the price they obtain and sell the asset at, or v.v.) • Some OTC Desks handle $1,000,000,000 in trades DAILY! • OTC Desks are not typically involved in methods of price manipulation. The OTC Desks make money off spreads, and sometimes they may take a loss when facilitating a trade. Periods of high OTC Desk usage/actions (think MSTR buying a billion bucks!) can often keep the price in a range, stabilizing the price. There’s a lot going on behind the scenes, but the goal of an OTC Desk is to make a small profit off being a dealer between parties. • You can use an OTC desk too! However, if you’re just buying a few hundred or few thousand dollars here and there, it’s often easier to just buy on an exchange or brokerage. Also, some OTC Desks have minimums they do business at, such as $100,000 or $1,000,000 trade minimums). What are some examples of commonly used Bitcoin OTC Desks? - Binance OTC (@binance) - Kraken OTC (@krakenpro) - Coinbase Prime OTC (@CoinbaseInsto) - Gemini OTC (@Gemini) - Galaxy Digital Services OTC (@GalaxyDigital) - Strike Private OTC (@Strike) - River Private Client (@River) - SFOX (@SFox) - Octagon Strategy (@OctagonStrategy) - Genesis Trading (@GenesisTrading) - Circle (@circle) - itBit OTC (@itBit) - B2C2 - XBTO (@xbtogroup) - there are many, many more DID YOU LEARN SOMETHING 🆕? Drop a like 👍 or repost 🔁 image
TRUMP UNVEILS BITCOIN WHITE-PAPER HANGING IN OVAL OFFICE? Blatantly false. OP was a joke 😂 There’s about a dozen large, “influential” Bitcoin accounts on here that legit posted this thinking it was real. The inability to spot a cheap edit by many people is embarrassing.