Daniel Frumkin

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Daniel Frumkin

Daniel Frumkin

@dfrumps

COO & Co-founder @Reformed_Energy | prev. built @Braiins Insights | mechanical engineering | nomad lived in 🇧🇷🇲🇽🇨🇿🇭🇷🇨🇳🇮🇹

Raleigh, NC Bergabung Ağustos 2013
806 Mengikuti2.8K Pengikut
Simone Syed
Simone Syed@SimoneSyed·
@isaiah_p_taylor I've been obsessed with this idea for 15 years now but no one will do it in the States
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Isaiah Taylor - making nuclear reactors
Isaiah Taylor - making nuclear reactors@isaiah_p_taylor·
It is really too bad that recycling is fake. One of my life goals is to make it real. But even then you won’t have two separate trash cans, we’ll just pyrolyze the whole stream, siphon the metals, and turn the organic stuff into fuel.
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Andrew Burchwell
Andrew Burchwell@AndrewBurchwell·
Forever Grateful ☀️
Andrew Burchwell tweet mediaAndrew Burchwell tweet media
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Ethan Vera
Ethan Vera@ethan_vera·
Congrats to two great entrepreneurs. Been exciting to follow their journey 🚀
Edward@WillHash4Coins

Today, @Reformed_Energy is thrilled to announce our partnership with @BTCOppFund ! Their investment will accelerate our mission to generate energy from waste and keep us on track to hit our operational goals in the coming year.

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Amanda Fabiano
Amanda Fabiano@_amanda_fab·
Excited to have @jameslavish and David Foley part of the team! It's cool to be a trash man.
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Edward@WillHash4Coins

Today, @Reformed_Energy is thrilled to announce our partnership with @BTCOppFund ! Their investment will accelerate our mission to generate energy from waste and keep us on track to hit our operational goals in the coming year.

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Daniel Frumkin
Daniel Frumkin@dfrumps·
Grateful to the @BTCOppFund team for supporting our vision of building the most efficient garbage disposal technology on the market and producing lots of low-cost power on the backend.
Edward@WillHash4Coins

Today, @Reformed_Energy is thrilled to announce our partnership with @BTCOppFund ! Their investment will accelerate our mission to generate energy from waste and keep us on track to hit our operational goals in the coming year.

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Colin Harper
Colin Harper@AsILayHodling·
Some professional news: Stoked to share that I'm joining @blockspace as editor-in-chief! Looking forward to working with @wsfoxley and @cbspears to bring y'all the best content / news in Bitcoin. We'll be at the @TheBitcoinConf this week, so come say hi!
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Alex Brammer
Alex Brammer@AB_Brammer·
Haven't seen the underlying valuation methodology yet, but if this is even directionally accurate, it represents one of the most interesting arbitrage opportunities I've ever seen for #bitcoin companies long power and infrastructure right now. Also suggests public #bitcoin mining companies that own their own infra are drastically mispriced right now.
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Daniel Frumkin
Daniel Frumkin@dfrumps·
@SGBarbour One of the reasons I hope that the industry eventually adopts template-based accounting instead of using the 24hr avg for tx fees. Doesn’t provide transparency on OOB but at least ensures miners can get paid based on the highest potential block value even if pools don’t mine it
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Steve Barbour
Steve Barbour@SGBarbour·
How do you trust a mining pool who accepts out of band fees? How do they prove they are paying their miners fairly and sharing *all* revenue to the miners doing the actual work?
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Cathedra Bitcoin
Cathedra Bitcoin@CathedraBitcoin·
And this slide illustrates why we are so excited about this new business model (and the deal): @KungsledenInc can build bitcoin mining data centers cheaper and faster than anyone else - At $170k/MW Kungsleden has some of the lowest development costs in the industry - Once complete, we estimate the FMV of these sites is nearly 3x the capital invested - At an average hosting rate of $72.50/MWh and expected run-rate electricity cost of $50.00/MWh, Kungsleden can earn stable 31% margins regardless of bitcoin price and network hash rate - This margin does not change with halvings, and the data centers are considerably longer-lived assets that ASICs - Given the low capex, the implied payback is less than 1 year, with an implied cash flow yield of over 100% In summary, with this transaction, we are not just buying Kungsleden’s assets. We are joining forces with one of the best developers in bitcoin mining to print these high ROIC data centers at scale
Cathedra Bitcoin tweet media
Cathedra Bitcoin@CathedraBitcoin

Last week Cathedra announced its proposed merger with @KungsledenInc Over the next few weeks we’ll be unpacking some of the details of the transaction To start, we will keep it simple. Kungsleden is a developer and operator of alternative high-density compute infrastructure. Kungsleden's current core business consists of hosting services for bitcoin miners. This slide provides an overview of that business model

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Jason Les
Jason Les@JasonLes_·
Very proud and excited that @RiotPlatforms is a part of this venture with @Reformed_Energy. This is a great example of the problems that Bitcoin mining can help solve, and ties directly to our vertically-integrated strategy here at Riot.
Edward@WillHash4Coins

Ecstatic to be able to share this news with you all. Ecstatic to have @RiotPlatforms as a partner in this venture. Grateful to @dfrumps as a co-founder who this wouldn't be possible without. Follow @Reformed_Energy for updates. prnewswire.com/news-releases/…

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Amanda Fabiano
Amanda Fabiano@_amanda_fab·
Very exciting to see @dfrumps & @WillHash4Coins backed by @RiotPlatforms - utilizing waste to obtain low cost energy is a chad move @JasonLes_ 🚀
Edward@WillHash4Coins

Ecstatic to be able to share this news with you all. Ecstatic to have @RiotPlatforms as a partner in this venture. Grateful to @dfrumps as a co-founder who this wouldn't be possible without. Follow @Reformed_Energy for updates. prnewswire.com/news-releases/…

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Jelajahi

@SimoneSyed @isaiah_p_taylor @Reformed_Energy @AndrewBurchwell @ethan_vera @DAAF17 @jameslavish @BTCOppFund