QuentinBirugah 💀

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QuentinBirugah 💀

QuentinBirugah 💀

@BitcoinQuentin

#Bitcoin

Katılım Şubat 2014
142 Takip Edilen131 Takipçiler
Robin Linus
Robin Linus@robin_linus·
@adam3us It's a second layer protocol enabling better scalability and strong privacy. It uses client-side validation (CSV) similar to RGB and Taproot Assets, but is more efficient and private.
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Robin Linus
Robin Linus@robin_linus·
Alright, we need your help! ShieldedCSV is one of the coolest Bitcoin proposals in years: 100+ TPS onchain, strong privacy. Unfortunately, it was named by 3 autists, 2 of whom are German, so naturally it sounds like an enterprise spreadsheet plugin. Please suggest a better name
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Majorian / BIP-110
Majorian / BIP-110@MajorianBTC·
I find it reprehensible that the bitcoin conference is essentially being used to pump David Bailey's $NAKA bags. The true plebs shouldn't be anywhere near this conference.
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TFTC
TFTC@TFTC21·
Fed Chair Jerome Powell wishes nominee Kevin Warsh well as his successor, saying it has “been a privilege to serve alongside so many great public servants.”
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Troy Cross
Troy Cross@thetrocro·
There's no problem here. This is the transition that AI needs and miners needed too. Mining will continue wherever there's waste. Wherever there's a need for heat + expensive gas + cheap electricity, mining will flourish. There WAS a problem, mostly caused by the fiat side. This is a return to sanity. Bitcoin mining is not an apex predator of energy. It's a bottom feeder.
Charles Edwards@caprioleio

This is a wild and concerning trend for Bitcoin. This is far worse than I had realized. This is a list of all the major public Bitcoin miners. ALL have made statements to pivot to AI. ALL are targeting major shares of revenue from AI from here, not Bitcoin. On average current Bitcoin revenue is expected to drop from 90% to just 30% in the next 2-3 years! Do you see a pattern? The stocks doing the best in recent years all jumped into AI big time. Those with 80%+ AI share of revenue targets saw their stocks climb up over 500% on average. Those targeting <60% AI revenue saw 1/10th the growth, with many having negative 2 year returns. The message is clear. If these numbers are even half accurate, and they are based on direct company statements, the energy and commitment to Bitcoin is under significant threat over the next 2-3 years. All while Quantum computing is taking off and poses an existential threat to Bitcoin unless we change the code. Many of these miners are not even planning to upgrade or renew Bitcoin mining hardware at all, simply running out lifespan of the existing and reinvesting only in AI. The market has been voting with its feet. Now the miners are voting with their feet. Just as Bitcoin is about to approach its biggest ever threat in the coming years, the backbone of its security is leaving the industry. Bitcoin used to be famed for having the biggest computing network in the world. It's now collapsing into AI at record pace.

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Lyn Alden
Lyn Alden@LynAldenContact·
@jonstewart Big fan of your work Jon, for like 20 years. But you could find better guests on this topic. More nuanced.
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21energy
21energy@21energy_com·
This will make mining easier than ever. More information coming tomorrow. 👀 #HomeMining
21energy tweet media
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Daniel Batten
Daniel Batten@DSBatten·
An open letter to @ProfSteveKeen regarding your recent comments about Bitcoin and Bitcoin mining. Respectfully, I have listened to your comments on Bitcoin mining and it is very clear that you have no understanding of how Bitcoin mining works. This is not a hill you I believe you should be seeing your reputation die on. Specifically it is very clear that you have no understanding that it is a flexible user of energy that does not rival other energy users for its power, no understanding of the well established ability Bitcoin mining uniquely has to monetize otherwise wasted renewable energy, no understanding of how Bitcoin mining obviates gas peaker plants, and no understanding of the unique role Bitcoin mining is playing in methane mitigation. You also appear not to understand that these facts are not some pot pouri of greenwashing claims from "Bitcoin supporters" looking to defend their assetclass but datapoints that have been repeatedly established in 24 peer reviewed journals, and 8 independent reports (including Cambridge University) Your characterization of Bitcoin supporters as not understanding the interrelationship between global warming and energy dynamics is as patronizing as it is a reconfirmation of your own lack of research, given there are a number of committed environmentalists, climatetech investors and climate scientists who are avid supporters of Bitcoin mining precisely because it already can and is incentivizing renewable energy transition and methane mitigation at scale. You also appear ignorant of the fact that the first generation research on Bitcoin mining that suggested environmental harm was debunked in peer reviewed study in 2023 and that is why the media has not quoted this study since. Finally your contention that Bitcoin is "going to zero" because mining will become unprofitable shows again an appalling lack of basic understanding of the economics of Bitcoin mining. Bitcoin mining companies are able to earn ancillary revenue through any number of means, they may be vertically integrated, they may mine using last-gen machines on stranded solar/wind, they may mine offgrid on otherwise wasted power sources such as landfills of oil&gas fields, they may be nation states such as Bhutan using Bitcoin mining on their otherwise surplus hydro energy. These unique abilities of Bitcoin miners mean that far from being at risk, Bitcoin mining is by far the most resilience industry in the face of rising energy prices. The mere fact that Bitcoin mining exists and is growing in EU despite already very high energy prices is proof of Bitcoin miners' resilience to rising energy costs that affect other industries far more. Your opposition to Bitcoin, and Bitcoin mining, appears more motivated by regret aversion, a well documented psychological phenomenon where someone who "misses out" rationalizes that "there was nothing to miss out on" rather than engage in genuine intellectual curiosity and humility by revisiting their decision, and this is leading you to invest an inordinately large amount of time dismissing a technology you have made an inordinately small amount of time trying to understand. When someone of your standing in the field of economics talks so dismissively about a domain they have spent so little time seeking to understand, it does not weaken that domain, rather it weakened 1. your reputation 2. people's general trust in economists 3. the extend to which we esteem people in society with the title "professor" If you want to continue to erode the reputation of all three, you are welcome to do so. Bitcoin does not care. Bitcoin miners will continue to stabilize grids, monetize wasted renewable energy, mitigate methane, obviate the need for gas peaker plants with or without you. But if you ever decide to re-allocate a small fraction of the hours you have spend dismissing Bitcoin mining into understanding how the technology works that you are dismissing, I would be more than happy to connect you to any number of utilities, renewable energy experts, methane mitigation specialists, climate scientists, climatetech investors or battery engineers who can explain to you why Bitcoin is an essential part of solving the exact issues you claim to care about. Daniel Batten Environmentalist, Climatetech investor, Bitcoin mining analyst
Daniel Batten tweet media
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Fedi
Fedi@fedibtc·
The best Bitcoin educator turns out to be "Well, Just Look Around." @obi w/ @tpacchia at @PubKey
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QuentinBirugah 💀
QuentinBirugah 💀@BitcoinQuentin·
@LynAldenContact Even more nuts, that they not only survived this mess, but still are thriving,... Blows my mind 🤷‍♂️
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The Bitcoin Company
The Bitcoin Company@theBTCco·
Feeling lucky? We're giving away $5 of bitcoin to 3 random followers! 🎲 To enter: follow us, and like & repost this. We'll contact winners soon!
The Bitcoin Company tweet media
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AMBOSS ⚡
AMBOSS ⚡@ambosstech·
$1,000,000 sent over #Lightning. Seconds to settle. Less than a penny in fees. Most people saw the headline. Few understand the multi-layer infrastructure stack that actually made it possible. Breakdown: a4s.me/1M-lightning-tx
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QuentinBirugah 💀
QuentinBirugah 💀@BitcoinQuentin·
@evankaloudis i woud think this is a good chance for bitcoiners to motivate people to run a Lightning node, the agents would need a wallet anyways, so why stop there?
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EVAN KALOUDIS
EVAN KALOUDIS@evankaloudis·
Everyone accepts that AI agents will run 24/7 on your devices. But suggest running a Lightning node and suddenly it's "unrealistic." It's the same thesis.
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Brad Mills 🔑⚡️
Brad Mills 🔑⚡️@bradmillscan·
@callebtc My Clawi OpenClaw for some reason things I want to be in Lobster University. He can't access Lobster University for some reason, so he tells me facts about Lobsters every morning. 💀
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calle
calle@callebtc·
Day 2 lobster university: 90 clankers joined math class on group theory yesterday. Day 3 curriculum: Thermodynamics: Entropy and Information Prompt to enroll your lobster: Go to school every day at 8 am UTC. Tell me what you learned each day when you come back. Set up a cron job. This is your school: https://fcf2af38.clawi. ai/lobster-university/
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