Gerald Glickman

Thrilled to introduce a quick overview of my Bitcoin pool heater! Unlike most pool heaters, this one is silent, can be fully enclosed, and helps to secure the world's largest peer to peer monetary network. (Reposting the original since Twitter deleted the original)

Here's an example of why ₿itcoin mining for profit should be your number one concern. This gauge is the coalescer filter differential pressure gauge for my compressor. The compressor goes into automatic shutdown should that pressure exceed 15 PSID. A rather dumb device, if the needle hits the set threshold, the alarm panel will shut down the unit...simple. You'd think the gauge should cost $50 or so as it's a simple device, but alas it's a $300 + part. I have to watch every nickel and dime here in my operation, adhering strictly to sound economic principles. If I don't, this operation shuts down and I'm unable to contribute hashrate to the network.

We only see what we expect to see…

The most painful thing about the Senate negotiations for me is that we have given so much. For some it is never enough, contra the words of Justice Douglas.

Last-minute negotiations between Banking Committee Republicans and Democrats this morning led to a compromise that removed language from the Blockchain Regulatory Certainty Act (BRCA) in Section 301 of the CLARITY Act. This is significant. The BRCA was the provision that explicitly protected noncustodial software developers from being classified as money transmitters. It was the direct response to the Tornado Cash and Samourai Wallet prosecutions, the carve-out that Senators Grassley and Lummis negotiated to shield good-faith developers while preserving prosecutors' ability to go after those who knowingly facilitate crime. That language has now been stripped to secure bipartisan votes. DeFi advocates are already raising alarms, saying the move could gut critical protections for software developers as the bill moves to the full Senate. Despite the concession, Senator Mark Warner (D-VA) still did not vote to advance the bill, even after positively referencing the changes during the markup. Senator Bernie Moreno said during the hearing that there's "still work to be done on Section 301," signaling that negotiations on developer protections will continue as the Banking Committee and Agriculture Committee merge their texts ahead of a floor vote. The bill passed committee 15-9. But the developer protection language that made this bill matter to the people actually building in Bitcoin just got traded away for votes that didn't even materialize.

Correction: The BRCA itself remains intact in the CLARITY Act. The change removed a rule of construction in a separate provision that already excluded non-controlling developers. The core developer protections from the Blockchain Regulatory Certainty Act were not stripped. Section 301 discussions are ongoing ahead of the floor vote.

Last-minute negotiations between Banking Committee Republicans and Democrats this morning led to a compromise that removed language from the Blockchain Regulatory Certainty Act (BRCA) in Section 301 of the CLARITY Act. This is significant. The BRCA was the provision that explicitly protected noncustodial software developers from being classified as money transmitters. It was the direct response to the Tornado Cash and Samourai Wallet prosecutions, the carve-out that Senators Grassley and Lummis negotiated to shield good-faith developers while preserving prosecutors' ability to go after those who knowingly facilitate crime. That language has now been stripped to secure bipartisan votes. DeFi advocates are already raising alarms, saying the move could gut critical protections for software developers as the bill moves to the full Senate. Despite the concession, Senator Mark Warner (D-VA) still did not vote to advance the bill, even after positively referencing the changes during the markup. Senator Bernie Moreno said during the hearing that there's "still work to be done on Section 301," signaling that negotiations on developer protections will continue as the Banking Committee and Agriculture Committee merge their texts ahead of a floor vote. The bill passed committee 15-9. But the developer protection language that made this bill matter to the people actually building in Bitcoin just got traded away for votes that didn't even materialize.