Michael Schmid ⚡️

22.8K posts

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Michael Schmid ⚡️

Michael Schmid ⚡️

@Schnitzel

Founder @nakamotoheating, Founder @amazeeio, Lead Engineer LibreBoard @256foundation, Geek, #Bitcoin Home Miner, [email protected]

Earth (currently) Katılım Ocak 2008
1.6K Takip Edilen9.6K Takipçiler
Sam Edwards
Sam Edwards@SamEdwardsIV·
I'm starting a new meetup. For Bitcoiners. For AI builders. And those diving in to this new world of emerging tech. Tracking interest for now, then we'll see where it goes!
Jamestown Frontier Society@JamestownFS

Things are moving fast. We'd rather talk about it IRL than bookmark another thread. The Jamestown Frontier Society: a meetup in Williamsburg, VA for people already in the thick of Bitcoin, AI, and frontier tech. Tracking interest now. jamestownfrontiersociety.dev

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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
@damusapp @hodlstack Same! Would love to help testing, got 10+ OpenClaws running and looking for a central management layer, all existing ones (slack, telegram, etc) all are not FOSS and freedomtech.
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Damus⚡️
Damus⚡️@damusapp·
@hodlstack good to know! we’ll work extra hard on getting an alpha test together
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Damus⚡️
Damus⚡️@damusapp·
A sneak peek at Damus Agentium: remotely control claude code instances on all of your devices via nostr. Spawn any number of claude code instances on your desktop/laptop and control them all from anywhere. all end to end encrypted on decentralized relays. No servers needed 😎
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Tyler Stevens ⚡️🔥
Tyler Stevens ⚡️🔥@tylerkstevens·
Bitmain pulled the S23 air cooled model from the market. No immersion. 10 kW+ hydro only. Whatsminer launched the 70 series. 10/15 models are 3-phase 380-480 V. If you think you'll "retrofit" old miners to heat your house forever, you are ngmi. We need a FOSS mining stack.
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
@plubtcm Correct, but thats a LOT of R&D. Facebook and the Open Compute Project showed that with open source and working together companies can achieve more with less costs.
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L Plo 🧲
L Plo 🧲@plubtcm·
@Schnitzel nobody is restricting the miners to do it, they can create a RD team and do it. Still is open market, still China is the leader although ASML is the monopoly.
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
@plubtcm allow the mining companies to create their own standards which then are matched by the ASIC manufacturers. Aka build the machine for the needs of the situation, and not the other way around.
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
The question isn’t whether open mining hardware will happen. 🔮 It’s who shapes it. Will large miners lead — or adapt later? The door is open. Let’s build. 🚀
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
By investing in open mining hardware now, miners can: 💡 • Reduce vendor lock-in • Lower long-term costs • Improve reliability • Protect shareholder value This is strategy, not ideology.
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
This isn’t about “going all-in” tomorrow. 🤝 It’s about strategic investment: • Donate (501c3, tax-deductible) • Contribute engineers • Share requirements, experiences, best practices
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
Whether you’re pivoting into AI or not, the signal is clear. 📈 Hardware industries are moving toward openness and shared foundations. Bitcoin mining can lead — or react later. ⏳
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
There’s another lesson: talent. 👩‍💻👨‍💻 Great engineers want open systems. Closed boxes repel talent. Open platforms attract it. Entire industries learned this the hard way.
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
We’ve seen this before. 🧠 @facebook didn’t accept vendor limits — they open-sourced data-center hardware via @OpenComputePrj Lower costs. Better reliability. Industry standards. 📦
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
On the software side, open firmware enables: 📊🤖 • Real observability • Stable APIs • Predictive maintenance • AI-driven failure detection This is normal elsewhere. Mining is behind — by choice.
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
With open hardware + firmware, miners could: 🔄 • Standardize rack-scale designs • Tailor for air, immersion, hydro, or 2-phase • Build modular, pluggable systems Control comes back to you. 🎛️
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
Over the last 8 months, the @256foundation built a fully open-source Bitcoin mining stack — hardware to pool. 🛠️🔓 It’s not an end product. It’s a reference design — meant to be adapted, scaled, and industrialized with mining companies. 🏗️
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
This isn’t inevitable. 🚫 It’s a choice — and the industry has accepted it. But the old excuse (“there’s no open alternative”) is no longer true. 👀
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
And ASICs assume one thing only: ⚙️ ➡️ start once ➡️ ramp up ➡️ run at 100% forever That ignores heat reuse, grid stabilization, partial load, or fast ramping. ⚡🌡️
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
There’s also no standard form factor. 🧱 “Shoebox miners” don’t fit real data-center racks. Instead of mature DC standards, mining ops get forced into custom builds — higher CAPEX, higher OPEX. 🏗️
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
Firmware makes it worse. 🧩 Closed source. Bad UIs. Limited logs. Undocumented APIs. At scale, this means outages, manual ops, and zero trust in what the miner is actually doing. 🚨
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Michael Schmid ⚡️
Michael Schmid ⚡️@Schnitzel·
Recent example: Bitmain pulled the S23 air-cooled model entirely. ❌🌬️ Companies that planned around air cooling were left stranded overnight. That’s vendor lock-in — and you pay for it. 💸
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