
Proud Dad. Agnostic atheist. Left leaning Independent. Science/Technology/Psychology/Philosophy. *We’re all story telling apes. **Satoshi is/was @CSTominaga
Joined January 2019
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Bitcoin Mining: A Comprehensive Thread
How mining rewards are supposed to work.
Y=MX+B
Where:
Y is the Reward
M is the Fee
X is the Unit Time
B is the Subsidy
#Bitcoin
#Blockchain
#Business
#Economics
#GameTheory
#SmallWorldNetwork
#BitcoinSV
#BSV
#Fintech
#Capitalism
Jay Jay retweeted
Well worth a look. Fair warning: once you read it, it’s hard to see things the same way again.
Section-by-section breakdown here ► hub.bsvblockchain.org/higher…
Replying to @Cointelegraph
I need to look into BSV. Someone mentioned awhile back that it is the bitcoin the whitepaper describes.
You can’t call yourself a Christian and STILL, somehow, support Trump.
Jay Jay retweeted
A letter from our CEO @ron_tarter to our customers and partners
No. It wasn’t initially designed to support crime. It was designed to be neutral. Truth.
BTC is just a ticker symbol that is a representation of A certain type of implementation of Bitcoin.
The type of “implementation” that promotes crime, hoarding and unaccountability. 🤷♂️
Replying to @Bitfinexed
It's when you see headlines like that that you realize the Bitcoin/blockchain system was designed to facilitate crime.
Jay Jay retweeted
Bitcoin fixes this.
That’s the funniest thing about bitcoin, nobody actually uses bitcoin, they use bitcoin exchanges which engage in rampant fraudulent activity and market manipulation.
If people actually used bitcoin, they wouldn’t care about exchange hacks.
It’s like worrying about your gold coin dealer going bankrupt. So what?
bloomberg.com/news/articles/…
Jay Jay retweeted
Next week, my latest publication in Frontiers (q1) should be appearing. And I rather hope it will provoke something considerably more useful than polite applause. I want people to engage with it, challenge it, and, better still, replicate what I have done.
The idea is deceptively simple. Forty families. Not forty corporations, forty government departments, or forty committees convened to discuss the theoretical possibility of growing a lettuce. Forty families, participating in a sustainable agricultural system that actually produces food.
I have taken industrial land and demonstrated how it can be used to produce vegetable crops, chicken eggs, and more. Not merely imagined it, not commissioned an expensive consultant to produce a beautifully illustrated report about it, but built a system in which production can be recorded, measured, and examined.
There is something wonderfully absurd about a civilisation that can manufacture a computer capable of discussing agricultural sustainability for six hours, yet struggles to imagine growing vegetables on land it has already industrialised.
We have become remarkably talented at discussing sustainability while remaining rather less enthusiastic about sustaining anything.
The important word here is families.
Food is not merely a commodity moving through a supply chain. It is the foundation of independence, resilience, community, and the rather unfashionable proposition that people should have some meaningful connection to what keeps them alive.
If industrial land can support productive agriculture, if families can participate, if vegetables, eggs, and other outputs can be measured and recorded, then we begin to challenge the assumption that food production must always be distant, centralised, and disconnected from ordinary life.
And that changes the conversation.
Sustainability should not be an expensive moral accessory worn by those wealthy enough to purchase it. It should be practical, measurable, reproducible, and accessible.
Forty families are not the end of the ambition. They are the beginning of the demonstration.
I want people to read the research, question the methods, examine the results, and consider what might happen if we stopped treating industrial land as the opposite of agricultural opportunity.
Because the purpose of research is not simply to publish another paper that will be admired by twelve academics and forgotten by thirteen.
It is to discover something that others can use.
I have built the system. I have recorded what it produces. And I want others to take the idea further.
Perhaps the greatest obstacle to sustainable agriculture is not a shortage of land, technology, or imagination.
Perhaps it is our extraordinary determination to keep doing things as we have always done them, while congratulating ourselves on how desperately we desire change.
The future of food should not belong exclusively to those who sell it. It should also belong to the families who produce it.
That is the conversation I hope this publication begins.
Jay Jay retweeted
If you analyse @binance you will see that the valid is entirely propped up by their own fake tokens.
Basically, they have been naked selling and inside trading to create an inflated supply.
They don't get audits, as they are in structural insolvency.
Jay Jay retweeted
Remember kids, Tether itself is just one dude with a laptop. On top of being a fraud that launders money for criminals.
I’m sure it will be fine.
hsgac.senate.gov/wp-content/…
Jay Jay retweeted
Receipts.
2014 notice: mtgox.com/img/pdf/20140320-b…
Oct 16 trustee notice: mtgox.com/img/pdf/20261016_b…
Jay Jay retweeted
Nobody talks about the other Mt Gox number.
2014 notice: almost all of ~850,000 BTC lost, 199,999.99 found.
The other number is a date.
The repayment deadline was Oct 31, 2026.
Tomorrow.
On Oct 16 the trustee moved it to Oct 31, 2027.
Meanwhile, MtGox’s disgraced CEO, Mark Karpeles, hasn’t done much lately, except put up a website alleging some Aussie guy shouldn’t be trusted…
Jay Jay retweeted
"As cool as it is that X has payments now and $1 super likes, it's built on layers of a debt economy. Your X account holds an IOU that SpaceX lends/borrows from to fund their projects
On Twetch, the books reconcile and are balanced instantaneously. The money is yours"
— @hbeckeri
Followed @coffeebreak_YT for years and YEARS now. Finally broke.
Can Kurt @kurtwuckertjr and Stephen PLEASE, for the love of EVERYTHING, just have a 3 hour long PRIVATE conversation regarding HOW we all got here??
Bitcoin wasn’t designed FOR ANY of this.
F Binance. F crypto.
























