NOTE
Transcription provided by Podhome.fm
Created: 02/23/2025 20:48:59
Duration: 7491.809
Channels: 1
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Don't start don't start with that shit already.
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Everybody's got something to say. Oh, the show was good, except for hearing Max hack and cough and clear his throat the whole time.
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That's the ones you don't mute. Mhmm. Mhmm. Indeed.
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Hey. Before we start the show, I just want to to read notes that we'd sent each other
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from November of twenty twenty two about what we wanted our mining show to look like and see if we've,
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if we've met the stand that we set for ourself. Yeah.
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I I wrote to you. Certainly not. I'm thinking short. A hard hour cap. Okay.
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Witty, quick, and punchy. Alright.
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I'm thinking about what worked with pleb minor month and what didn't work. I really enjoyed the update show we had. I thought it was funny. I don't want to be a goofball the entire time.
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As as I think we have impactful things to cover, but you and I do banter well. So open with a little banter,
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a little. This is what we've prescribed for ourselves. A smidge.
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A a smidge. Just a tad.
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And we cover some mining related happenings over the previous month.
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As we spoke on before, I don't want to rattle off the same stories of institutional miners and their happenings. I think we did doing good with that. But I would like to cover real world statistics
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for the home miner, like various cost to mine metrics from across the globe, minor prices from the hardware market,
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prices from a potential hardware dealer sponsor. Oh, we got that. Okay. Yeah. ROI for various machines and easily understood
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mining metrics.
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Do you know what?
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I think short of
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the
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hard cap of one hour, which we completely
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laugh in the face of Oh, yeah. And often these things are, like, fucking three hours long. Outside of
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that, I think we're not doing bad there. I think we should give ourselves
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a pat on our strong masculine
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muscular backs. There we go. Pat. Pat. Pat. Yeah. I hope you're doing the same. I can't reach. I'm so So swole.
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So swole. Mhmm. I can barely touch my back. I believe it. I heard that about you. Incredible specimen. Indeed.
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We are. I'm I'm very proud of us. Way to go. Yeah. Well done, us. Well, Well, we should probably begin the show and to open up this episode of Ungovernable Misfits. Action news is sponsored by your friends at HashSluts.
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For your pleasure,
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Undonevertible Misfits presents
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the world's only Bitcoin mining here at the strip club.
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HashSluts,
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gentlemen's club.
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HashSluts.
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Hashluts.
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Hashluts. Oh, yeah. Hashluts. Where our ladies are hot. But our hashmores are even hotter. Cranking out 85 degrees.
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They're in hot.
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No way, Val. Celsius.
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85 degrees C.
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Overclocking?
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More like overclocking.
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If you think the last difficulty adjustment was hard, check out the Hashlutz
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Rockin' Bonds.
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And speaking of difficulty adjustment, it's not the only thing that'll be going up. Going up?
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How about going down?
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Going down? Going down on our famous all you can eat buffet, that is. Try out our signature nacho dish, guac and Asic chips. How many can you fit on your board? You got some on your chin. Let me get that. Thanks, Debbie.
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We've got racks full of servers and girls
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with full racks.
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We'll keep you running at peak efficiency
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all night.
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-So come on down to HashlucksGentlemen's
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Club, the only place where your layer two will make you wanna layer
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two.
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HashlucksGentlemen's
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Club.
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-Woo! -Excellent because TikTok
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blocks don't stop and neither do we.
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Thank you, HashSluts, for
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sponsoring this episode of Ungovernable Misfits action news.
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Who pays for that exactly from the out of the HashSluts budget?
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It's sort of like one of those meme coin things where you don't know where the money comes in and where it goes out exactly because we own HashSluts,
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but we're sponsoring ourselves. Yeah.
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I don't know. It's an it's called an arm's length transaction.
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Either way, it's great to be sponsored by
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such an incredible place. Yeah. What a business.
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Indeed.
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Guac and ASIC chips.
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You don't eat the ASIC chips. You see the chips are just, like, cut out in a square as opposed to a triangle. Nice. And then you're supposed to, well, you know, imagine that you're eating the ASIC chips.
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And you take one little chip
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by itself, just one little chip, and then you make a little bit tax with it. You plug it in the corner. Yeah. That's essentially it. If you eat a whole bowl, it's like a real minor. If you just have one, it's a it's a bit ax. Yeah. That's the size. They don't come in small, medium, and large. It's like bit ax size
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or, you know, s twenty one. Mhmm. But we should think of other menu items.
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Can't just sell. What's it's a it's a it's a bar. It's a buffet. People yeah. People don't go really go there to eat.
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Don't they?
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Wednesday is wings night. I love wings. We don't really do enough wings here. Don't you? No. I imagine that's well, not even imagine. I know it's more of an American thing that you go and you get, like, a fuck load of wings. Like, we do it here, but it's just there'll be, like, a couple of little wing places,
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and they just charge such stupid money that you think, no. This is pointless. Like, there's a place called, like, Wingstop,
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and you'll get, like, you'll be like, oh, you'll get 10
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wings with whatever flavor and sauce and whatever. And they sound great or whatever, but it's, like,
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£18
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for, like, 10 fucking wings. And I'm like, no. No. No. No. No. No. No. That just won't do. You need to have, like, a lot of a lot of wings. You'd be able to sit there with a whole, like, bucket of wings. Yeah. Bucket of wings. Well, don't you worry. You come over to Hash Sluts ten cent wing night on Wednesdays.
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Amazing.
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Up on this episode of Ungovernable Bisfits action news.
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You can ask me about the Pledmoner Fishing Trip. We'll talk about it. We'll go over some statistics.
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Jack Dorsey is a globalist rat. Stop cucking for him. He's a piece of shit. To me or or listen? I'm tell I'm saying it to everybody, but, you know, you can listen. Well, hey. Listen, mate. Take my advice. No. No. No. No. You don't understand because he's Satoshi apparently.
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So Yeah. Yeah.
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Listen. He could be he wears the shirt. He does everywhere. He does all the things that Satoshi would have done, you know, really for freedom and freedom of speech and Mhmm. That. So Yeah. Yeah. Okay. Well, we'll see.
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I've seen some of the Satoshi stuff over the past couple weeks, and it was it was interesting that I was working on this anyhow.
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And, as I'm reading through some of the I know. I thought every time I saw it I'm thinking, oh, fuck these motherfuckers up.
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We're doing our own investigative journalism here at at, Ungovernable Misfits.
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Non credentialed. If we do a good enough job, will we get credentials?
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No. No. No. We can never be.
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No. It it's not about merit. It's about Mhmm. Checking the boxes of the system. So if we haven't attended,
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collegiate level journalism
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program,
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then Mhmm. Then we're nothing. Not even if you're, like, good mates with, like, someone like Greaser, you still can't sort of wait. Okay. Fair enough. Yeah. Unfortunately,
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even though he's credentialed, I don't think he can just will it upon somebody else. Okay. Unfortunately.
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Speaking of Richard Greaser, we'll read an article from him from the Bitcoin Bugle. We'll go over,
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Baseload's
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most recent substack, his infoyos.
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Question for everybody. We can just answer it right now instead of going over in the section part of the show. The Pleb Miner and the Wild segment.
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We only did a few of them, and we didn't keep doing them because they were so long in the tooth. Because I I can't stop talking to these people. They're very interesting. But if we were to get a few of our buddies just to do, like, fifteen minute hard segments that we can review in the show or maybe post separately? Would that be something that you're interested in or looking for feedback on that? Yeah. Let us know. Fifteen minute hard stop timer.
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If the buzzer goes off, they cut mid flow. There's no extension on it, and then we can cover a little bit more in these shows
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what was discussed.
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I think it'd be good. I think,
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like you said, it was just hard because we were trying to do them short. Mhmm. They'd then run, like, an hour, an hour and a half, and then it's like its own pod. And it's their own pod. Yeah. Yeah. That was an issue. But I think fifteen minutes, there's so many people out there with interesting bills and doing cool stuff, and they're not getting covered for a variety of different reasons. And I think it'd be cool that we do that. That's where we that's where we started. Take it back to the streets. Back to the streets.
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Yeah. You know, they're not covered because they're not shameless self promoters.
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The people you hear from in this space are shameless self promoters, and I happen to know a fuck ton of people that don't talk about what they do. Point of don't is actually cool. Yeah. They're busy building cool stuff, not talking about stuff that isn't cool. That's the difference. That's where the time is spent. I think if we can
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let people know what's possible, shine a bit of a light on it, and it's almost like a counterculture
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to the bullshit that you Mhmm. Sort of see everywhere else. I think it's important. Or or or, you know and I don't I don't mind seeing the other stuff. I mean, listen. If you're good at writing guides and getting yourself out there, there, then then great for you. God bless you.
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But some people just build the stuff and then don't talk about it. It's like, just do. Well, let us know. We'll be able to understand a lot better if they're big boosts as well. If you let us know with a big boost, we'll be like, oh, we really understand Really good. Your needs. Yeah. We understand your needs and your wants and your desires.
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Oh.
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Oh my. Oh, yeah.
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Hot.
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To finish up the show, we'll read some words of encouragement from a Pleb minor guy we know named Joe Lively of Abundant Minds. He wrote something in the Pleb minor chat that I just thought was really nice. And I said, can I read that, Michelle? And he said, sure. And we'll finish off with my final thoughts. Ayn Rand's
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objectivism
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versus social justice phony altruism.
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You excited you excited about that one? I thought you would be, Max. She's a gangster. She's a total gangster blowing smoke up in your face. Yeah. I'd have loved to have met her and be in, like, an uncomfortably small room and her blow cigarette smoke into my face while just dumping knowledge on me.
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That's not all she'd be dumping on you. I don't know whether that's really what I want out of it.
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Maybe not from her. Give it a shot. I mean, you don't know. You don't know till it happens. Don't knock it till you tried it.
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Yeah. Alright. Let's get to some boosts while we're slurping down some Modus Bittmeyer coffee.
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I've gone for real peasant coffee today. I bet you have.
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Worse than Aldi. It is actually worse than Aldi. Yeah. Because Aldi's coffee is not that bad.
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It's pretty decent Mhmm. For the price anyway. It's pretty decent. But
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my missus, her mom works at some, like, fucking big corporate gay place, and
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she manages to nick us, like, all their coffee. Ah. Dishwasher tabs as well, which is really nice. Mhmm. She's like, oh, is the coffee is the coffee good? I was like, well, it's free, and that's the best type of coffee. I'm sorry this happened to you. Quality. Listen. Yeah. You can hear the quality in your voice.
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Yeah. It's tacky.
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Tell me about Otis'.
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Otis' is smooth, delicious,
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non acidic.
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I took some to the fishing trip and,
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brought my own grinder
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there in the fishing trip.
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Got up every morning, made some delicious coffee. Aaron said, boy, that's smooth.
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And in the other house, there were two houses on this fishing trip. Aaron Hall and his son and I stayed in one house, which had, like, 10 beds. Anybody could have stayed over in the chill house where we pretty much just came in and went to sleep. And then there was the party house where everybody else was staying. And at the party house, they had lightning coffee.
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Yucky.
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Nothing compared to Otis Bittmeyer coffee.
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Get this stuff in your hands, guys. Did you try both back to back? No. Or you wouldn't even touch it. You just say
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I've had I've had it before. It's terribly acidic. No offense to whoever's behind lightning coffee. I think I've met the guy before, but it No offense to to you lightning coffee, but your coffee is subpar.
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It's your coffee is not as good as Otis Spitmeyer's
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coffee. Though. Straight up. I don't know. Yeah. I don't know. One day, I'll taste it. Though the Spitmeyer coffee is delish.
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And I've got a little candle burning here from, our friends at EV and Park. EV and Park candles.
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Yeah. Has it got a scent? It does have a scent. It's like a whiskey barrel scent.
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Oh.
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Yeah. That's nice. It's very manly.
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That is manly. But check out EVM Park's website. I think it's evnpark.com.
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They've got all kinds of, like, cute little names for all of their candles.
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They've got one called w a p.
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What's that? Wap. Wap. Wap.
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Wap. Well, it means, you know, something very, very disgusting and dirty. Oh, that sounds like my soapbox.
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Look it up. Look up EVMpark.com.
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Anyway, let's get to the boosts for the show.
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Maximilian von Bittenstein,
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I'm up first. Our first booster is Renekman with 100,000
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sats in total.
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Damn.
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He he gave a huge but he's gonna be a Balder booster soon, I think. We'll have to check up on his his progress. I'll be very happy to send him a
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that is fine. Thank you very much, Peter. More than fine. Yeah. More more than fine.
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His voice is so easy to do. That's fine.
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It is. And you're right. Thank you. So, okay. That's fine.
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I agree.
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KYC is fine. So is Ledger.
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Yeah. So is every other company. Oh, right. Listen. We're gonna give you loads of money to shill our
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absolute
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fucking bottom of the barrel garbage bullshit.
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That's fine. I'll take your money.
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That's fine. Buy a football club. That's fine. Football club with it.
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Man United. I don't know what it is. What is it? What's the football club? Fuck it. I don't know. Don't care. Yeah. So Anyway, let's let's not piss all over Renickman's
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Sorry, Renickman. Baller boost here with There is a baller boost. Peter Peter McCutman.
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Charge.
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He says, goddamn
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this fountain app. Have to split payments, motherfucker.
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Thanks for the episode. You're quite welcome, sir.
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Oscar Mary take note.
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He says, you guys killed it with this one. I can't stop laughing. I'm sitting here at the hospital waiting for my second baby to come to this world, and you guys helped me a lot to calm down and to stay cool.
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And what the fuck is Gabago.
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L m a o, laughing laughing. On a more serious note, I think I'm going to Lake Satoshi this year. I hope you do, buddy.
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Want to definitely hang out with the best people in the space. Thanks again for the show. Four more years. Happy New Year. And, Max, don't be sad. US is the same as UK without guns. Totally wrong. This stupid thing to say, Ray.
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Dumb.
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Thanks for the sats. And then he finished it off with, don't spend those sats on adult entertainment.
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We won't. We actually won't. You get it free. You don't need to pay for that shit. That's right.
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Gabagool. I think you said it was a sauce, some sort of sauce. No. It's not fucking sauce. It's Gabagool. It's the meat. It's like the Meats. The cured meats.
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Gabagool. Now you it's spelled Capicola.
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Oh. Yeah. Interesting. These
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these Jersey
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mongrel Italians.
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Yeah. You know, gotta mispronounce
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things to sound more Italian even though that's not how the actual Italians say it.
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They're gonna say Gabago.
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Well, congratulations,
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Renickman,
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having your
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second baby.
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Yep. I think Gabigool's a lovely name.
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Why did you name him name him Gabigool? Yeah. That's what it did. Because he looked delicious.
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00:16:54.095 --> 00:16:56.095
Ray posted up pictures of,
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of the hospital and his his new son, and this looks like a a wonderful, beautiful family.
195
00:17:02.090 --> 00:17:08.190
Man, I I'd say that was the best boost. I mean, he he could've boosted it with one sat just to know that we were we were there
196
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with him in the hospital
197
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Yes. Acting like goof calls, doing our show, and, you know, gave him a laugh or two, take his his mind off the stress.
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That's cool. We touched someone's life there.
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Makes it all worth it. It's nice, isn't it? Take a second to think about it. You're like, that's really nice. So thank you for the message, mate.
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Bugle news.
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Great show as always.
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Awesome
203
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Wayne Kerr
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debut. Yeah. Good article by Wayne Kerr. Rod Palmer from the Bitcoin Bugle.
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Did Wayne Kerr imply Saylor is gay?
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I believe so. Yeah. He certainly is. He's gotta be gay, hasn't he? Yeah. Yeah. I think so. But do you know what though? I think that he is more of a giver. No. I'll give him that. I'll give him that. Yeah. He's at least he's at least the top.
207
00:17:59.100 --> 00:18:04.560
Yeah. Because there are so many little, faggy type fucks in Bitcoin.
208
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Desperate on the end. Oh, day. He walks into one of these conferences with, like, a 50
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security guards all ready with lube, and there's people just fucking waiting. Oh, sailor. Sailor.
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Dang, Max.
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Is it not? I guess I'll take that one.
212
00:18:25.260 --> 00:18:26.400
That one looks good.
213
00:18:29.740 --> 00:18:30.960
That one looks thermodynamically
214
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secure.
215
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That's his way of saying he's hot.
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Fundamentals
217
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says action news is the greatest
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news team
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00:18:41.025 --> 00:18:42.725
money can't buy.
220
00:18:43.345 --> 00:18:46.325
Also, best theme song in the podcast.
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Thank you, mate. Thanks, buddy. Yeah.
222
00:18:49.970 --> 00:18:54.050
Appreciate it. We can be bought, though. We can be. Yeah. I I guess it's something
223
00:18:54.530 --> 00:18:59.430
Everyone has a price. It doesn't have to be money. Up next is our man,
224
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Pies of the Pleb.
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00:19:04.355 --> 00:19:12.615
Rip through them. Good morning, you wild motherfucking, ungovernable misfits. Let's fucking go. Cheers. Mushrooms. Strong-arm. US is number one.
226
00:19:12.995 --> 00:19:42.265
UK, Britain, this shit as we know. And he says, I would be honored to have a few of my goons run security for you still. I can spot a troublemaker from a mile away. Bro, I used to move hella coke at strip clubs back in the day. That was my bread and butter. I paid the price for my crimes when I did my prison bid for getting popped at one. I even was given an apartment above one by the owner so I could have threesomes with strippers because I was the house dealer there.
227
00:19:43.045 --> 00:19:44.505
Specifically for that reason.
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00:19:45.045 --> 00:19:59.350
Yes. The owner goes, right, Pies. This is what I need you to do. Alright? I'm gonna give you an apartment on the one condition that you have threesomes. Don't be fucking one girl. Don't be fucking four. It's threesomes and threesomes only. Okay. Hey. No no problem.
229
00:20:02.524 --> 00:20:05.585
Oh, what a He says, I've been waiting for an opportunity
230
00:20:06.044 --> 00:20:28.460
to quit my union gig. Don't be playing with my emotions. My only request is that I can hire my best childhood friend when he gets out of prison in two to three years and that I'm paid in Bitcoin. Let's fucking go. Yeah. Let's do that. Yeah. Sure. Makes sense to me. Timeline's good as well. Two to three years is roughly when Hashlutz will be expanded, I think. So It'll be the next halving.
231
00:20:28.840 --> 00:20:35.105
Mhmm. Perfect. Sounds good. Yeah. Let's do it. He also says New Jersey is the only Jersey that matters.
232
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Fuck that faggy British island.
233
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We survive on land of toxic sewage
234
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way hotter than those country Brits.
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Fuck.
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00:20:45.965 --> 00:20:46.945
Dirty Jersey.
237
00:20:47.299 --> 00:20:51.480
A lot of good old school Italian spots in New York, New Jersey
238
00:20:51.940 --> 00:20:53.799
closed their doors since the lockdowns,
239
00:20:54.179 --> 00:21:00.919
but I will love to smoke a blunt and hit some good food spots in the dirty Jersey with used to cunts.
240
00:21:01.544 --> 00:21:02.924
An American badass,
241
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and an English hooligan.
242
00:21:05.384 --> 00:21:12.605
Fine dining with psycho Jersey kid? Throw a few beers and blunts in the mix, and what could possibly go wrong?
243
00:21:14.504 --> 00:21:15.485
Oh, nothing.
244
00:21:16.000 --> 00:21:18.260
Nothing. It'll just be breezy. Let's do it.
245
00:21:19.279 --> 00:21:21.220
Then he says, love the outro song.
246
00:21:21.600 --> 00:21:25.220
Well, thank you very much, buys it a pleb. Here's another one for you. Chet.
247
00:21:29.120 --> 00:21:29.620
Yo.
248
00:21:30.095 --> 00:21:32.595
Why didn't compute north spend
249
00:21:32.895 --> 00:21:34.915
some money at Hashluts?
250
00:21:35.295 --> 00:21:40.995
Great question. Question mark. Excellent. That's a great question. Mhmm. Miners do like to party, though.
251
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Laugh my fucking ass off. Can't hate the player.
252
00:21:44.890 --> 00:21:52.510
Gotta hate the game. Nah. Fuck that. I love the game. He do. He does. He's always in hash sluts.
253
00:21:52.890 --> 00:21:53.390
Totally.
254
00:21:53.930 --> 00:21:55.390
Late stage huddle.
255
00:21:55.924 --> 00:22:02.424
Sorry, but I bought Otis coffee, and then we ground it up in an American basics
256
00:22:02.885 --> 00:22:04.505
oh, my in an Amazon
257
00:22:04.885 --> 00:22:06.105
basics grinder.
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Ridiculous.
259
00:22:08.245 --> 00:22:09.065
What a cunt.
260
00:22:09.520 --> 00:22:10.900
Rebound. In a reusable
261
00:22:11.360 --> 00:22:13.220
k cup and stuff
262
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and still enjoyed it. It's so good. Okay. Don't let perfection be the enemy of good.
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Max,
264
00:22:22.555 --> 00:22:25.775
I was just about to send 25,000
265
00:22:25.915 --> 00:22:26.655
and the
266
00:22:27.195 --> 00:22:27.695
Derry?
267
00:22:28.395 --> 00:22:36.095
Mhmm. Derry? Derry? Don't know what that is. Derry called me a dumbass, so I cut it down to 10. My dumbass boy.
268
00:22:36.649 --> 00:22:39.630
His wife called him a dumbass for sending 25000¢?
269
00:22:39.690 --> 00:22:41.950
Maybe. Fair enough. Thank you for the 10.
270
00:22:42.250 --> 00:22:43.470
Back to boost again
271
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just because of that Hash Sluts
272
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commercial.
273
00:22:47.690 --> 00:22:55.385
Oh, yeah. It was a good commercial that. Thank you. How about that Hash slut in there? She sound hot. All of them. They all sound hot. All
274
00:22:56.325 --> 00:23:04.264
all of them. You can tell they're naughty. They just got that some some sort of twang in the voice. You're like, well Oh, there's a twang there alright. Yeah. Yeah.
275
00:23:04.690 --> 00:23:07.510
Damn it. Back again for another boost.
276
00:23:07.890 --> 00:23:10.790
Feel compelled to chime in the base load
277
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does give good hugs. Of course, he does. I knew he would do. Yeah. Very nice. I can imagine. And then fundamentals
278
00:23:17.090 --> 00:23:22.025
was very jealous, so I went for a full bear hug for him after he complained.
279
00:23:22.405 --> 00:23:32.520
Not sure if he wanted the full bear hug, but he got it from my fat ass. I had to stop halfway through typing this boost to laugh at this fucking
280
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Avaron
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ad read.
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Oh, thank you very much.
283
00:23:38.260 --> 00:23:39.720
I hope you're right, dude.
284
00:23:42.020 --> 00:23:51.965
Thank you later stage. And, yeah, I mean, it's pretty disgusting how you treated Oasis coffee there, but he did buy it. So True. He lived it that way. Yeah. He bought he do what the fuck he want. You're ungovernable.
285
00:23:52.345 --> 00:23:52.845
Yeah.
286
00:23:54.105 --> 00:23:54.605
Hashsluts
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strip bar needs to
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00:23:57.945 --> 00:23:58.445
happen.
289
00:23:58.810 --> 00:24:03.630
It already is, mate. Don't worry about that. I'll send you an invite. I'll DM you. Black coffee,
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00:24:03.930 --> 00:24:12.430
wrecked. Why wrecked, black coffee? Well, you're wrecked, mate. What does that even mean? I don't know, mate. Let's see that. Come on. You made me laugh.
291
00:24:13.065 --> 00:24:13.965
Soul exporter.
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00:24:14.745 --> 00:24:15.245
Love
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00:24:15.784 --> 00:24:16.284
l
294
00:24:16.664 --> 00:24:20.205
s love. Don't know what that means either. Lake Satoshi,
295
00:24:20.505 --> 00:24:21.804
homeboy. Oh,
296
00:24:22.664 --> 00:24:42.835
Lake Satoshi love. Get with me. We love you, Soul Lakes. I was speaking to Soul Lakes today, just so you know. You were? Yeah. I had a lovely conversation with them this morning. First person I spoke to today. Oh, that's that's a good way to start the day. Yeah. Yeah. It was. It was really nice. It really set me up for the day. It was really nice. My favorite dude. What about me?
297
00:24:43.135 --> 00:24:44.674
You're my second favorite dude.
298
00:24:45.135 --> 00:24:45.635
Sorry.
299
00:24:46.095 --> 00:24:50.434
That's fair. Well, listen. Look at your competition. You know? You're no Solex.
300
00:24:51.455 --> 00:25:11.490
I'll tell you that much. He gives me something to aspire to. That's right. There you go. Yeah. Up next on the boost is Bubba, and we're gonna rip through the rest of these because we're already half hour in. Mhmm. It's not short and sharp. Bubba, will KYC matter in ten years? I don't know. Anyways, talk amongst yourselves. Just keep entertaining me. I'm a selfish bastard.
301
00:25:11.865 --> 00:25:14.365
You cunts are so lovable in a nongay way
302
00:25:14.665 --> 00:25:16.685
and and a gay way. Both.
303
00:25:17.385 --> 00:25:19.565
I love how your show makes me feel diverse.
304
00:25:20.745 --> 00:25:30.280
And please say faggot faggot faggot over and over and over. It's the best word next to fuck. Okay. I've said nothing, and everything kinda sounds like a Bitcoin conference. Indeed.
305
00:25:31.220 --> 00:25:33.720
Hey, Teddy boy and Johnny. Teddy.
306
00:25:34.100 --> 00:25:37.800
I like that people are gonna start calling you Teddy now. Entertained as usual
307
00:25:38.260 --> 00:25:58.350
while rejecting all that I could have learned. Old men just wanna have fun, cowboy, cowboy. Call out cowboy on a scooter in the desert. Teddy, piece of advice, eat a fucking sandwich and be a man pile it up high. Are you off your carnivore now? I am actually. Yeah. Mhmm. Oh, hope that sandwich was delicious. Next up, he says, no stripper was ever named Debbie.
308
00:25:58.970 --> 00:25:59.470
Destiny,
309
00:25:59.930 --> 00:26:08.430
Desire, etcetera, etcetera. But Debbie? Hashlets could be a profitable business, especially in a circle jerk economy. And by the way, it wasn't Debbie. It was Tammy.
310
00:26:08.804 --> 00:26:15.225
No. It was Debbie. Thanks. It wasn't you said Debbie. Nah. I didn't. Go ahead and listen to it again. Well, I've listened to them a 50. To
311
00:26:15.764 --> 00:26:19.625
sleep listening to it. It's Tammy. Trust me. That's what I said.
312
00:26:20.245 --> 00:26:21.065
Fuck off.
313
00:26:22.700 --> 00:26:33.040
He also says, I'm building while y'all prattle on. I rolled the dough from the night before, baked a lovely looking loaf of bread, drank coffee, and smoked some fags, ate my wife's lovely
314
00:26:33.580 --> 00:26:44.745
breakfast of beef, avocado, egg, and a pancake. If you'd shut the fuck up, I'd roll the scoot up on the lift and change the fork seals. It's a lovely sunny morning in the desert.
315
00:26:45.205 --> 00:26:46.424
I thought about
316
00:26:46.725 --> 00:26:49.385
a wank thinking about hash sluts.
317
00:26:49.950 --> 00:26:50.610
Woah. TMI.
318
00:26:51.390 --> 00:26:55.490
But then I thought, fuck. That's a lot of work. See, it's hard work doing nothing.
319
00:26:57.149 --> 00:26:58.850
Oh, man. There's only one Bubba.
320
00:26:59.309 --> 00:27:04.289
Next up is Zwartwitt, and he says get this. He says, get this. Thank you, Tammy.
321
00:27:04.725 --> 00:27:05.625
Smiley face.
322
00:27:06.645 --> 00:27:07.705
Can fucking hear.
323
00:27:08.085 --> 00:27:13.865
Thank you. And he says, buying John a letter h one step at a time. Thank you. We'll get me that h someday.
324
00:27:14.165 --> 00:27:15.945
Up next is Ankh Morpock.
325
00:27:16.565 --> 00:27:22.330
Great show, Teddy and Daryl. I got my knots badge, but got my beard stuck in the knot.
326
00:27:22.790 --> 00:27:34.245
It was forty five minutes of pain, but the teacher was very impressed because he thought it was the strongest knot he'd ever seen. Had to cut my beard in the end, No longer feeling the Gandalf vibe, but proud of my knot.
327
00:27:34.625 --> 00:27:40.005
Tell me a bit more about your train sets. Oh, maybe in Christmastime, I'll tell you about my train sets.
328
00:27:40.865 --> 00:27:45.330
FOMO chronic. This show is the tits. A minus. Thank you, Fomochronic.
329
00:27:45.870 --> 00:27:48.610
Someday, we'll get that a plus. Believe in us.
330
00:27:49.070 --> 00:28:01.235
John Gold says, great show, you little cunts. Twenty twenty five, let's fucking go. Cyberpunk two BEE says, check out my favorite podcast group, Razzle Con, LAFFS, Otis Bittmeyer, Coffee, Barn Miner Jerky,
331
00:28:01.615 --> 00:28:09.555
Bitch Emni, Sex Robots, Hash Sluts, Mining Strip Clubs, Love Advice, Boost Readouts, Stats, Minors, Voiceovers,
332
00:28:10.015 --> 00:28:11.070
Bit Axe Love,
333
00:28:11.549 --> 00:28:14.529
Not that much. And the list goes on and on.
334
00:28:14.909 --> 00:28:17.809
What more could one ask for? Absolutely
335
00:28:18.110 --> 00:28:23.809
love you guys. Man, he really summed up our show. He really did. Great. We love you too. Hey, cyberpunk.
336
00:28:24.184 --> 00:28:25.645
To be To be.
337
00:28:26.025 --> 00:28:26.845
To be.
338
00:28:27.145 --> 00:28:27.885
To be
339
00:28:28.265 --> 00:28:31.645
or not to be. Definitely b. Great grand man.
340
00:28:32.025 --> 00:28:33.085
Used to's
341
00:28:33.385 --> 00:28:37.085
are my favorite old farts to listen to. I also
342
00:28:38.080 --> 00:28:40.260
weave in a small house.
343
00:28:40.880 --> 00:28:42.500
John is a funny fucker.
344
00:28:42.960 --> 00:28:55.625
Thank you very much. Sent I sent great grand man some coffee, some Otis Bittmeyer coffee. Oh, you're a good man. He gets that in a few weeks and, lets us know how much he enjoys that coffee. I'm not gonna tell you where he lives, but it's far away from me. Okay.
345
00:28:56.085 --> 00:28:57.065
Rog at
346
00:28:58.005 --> 00:28:58.904
SC Bitcoin
347
00:28:59.205 --> 00:29:09.360
UK. Your podcast is great, but it uses up about five hours of my time. I record and edit out all the swearing,
348
00:29:09.660 --> 00:29:13.120
especially the c word. My editing skills are poor.
349
00:29:13.420 --> 00:29:17.440
Then I'm not embarrassed to listen to it with my fifteen year old granddaughter.
350
00:29:17.805 --> 00:29:19.985
The final version runs for about ten minutes.
351
00:29:21.085 --> 00:29:22.065
Oh, come on.
352
00:29:22.445 --> 00:29:24.065
Come on now, Rog.
353
00:29:24.365 --> 00:29:41.030
I'd love to know if Rog actually does download and edit out the swearing so that he can listen with the family. I can't imagine because the thing is the way that we weave it in, it would be very difficult to edit. And then even if you edit out the, like, curse words,
354
00:29:41.570 --> 00:29:43.350
the actual subject matter
355
00:29:43.730 --> 00:29:44.630
is disgusting.
356
00:29:44.930 --> 00:29:45.975
It's still yeah.
357
00:29:46.695 --> 00:29:47.755
It's absolutely
358
00:29:48.215 --> 00:29:48.715
disgraceful.
359
00:29:49.174 --> 00:29:53.674
You'd have to just delete the whole show. And maybe you said ten minutes. Maybe that's it. It's just literally
360
00:29:53.975 --> 00:29:54.875
intro music,
361
00:29:55.495 --> 00:29:56.395
outro music.
362
00:29:56.775 --> 00:30:03.860
We know no other way. And in this case, our intro music was the HashSluts ad. So Oh, Oh, that's true. Throw it all out.
363
00:30:04.400 --> 00:30:07.780
And I fucking hate you is the usual one. So even then Right.
364
00:30:09.360 --> 00:30:09.860
Okay.
365
00:30:10.400 --> 00:30:10.900
Hashlutet,
366
00:30:11.920 --> 00:30:12.420
hashtag
367
00:30:12.960 --> 00:30:14.260
free samurai,
368
00:30:14.755 --> 00:30:28.695
and then a link No. No. So that's back to the episode. Motherfucker. Come on. Come on. Alright. Mistake. Made a mistake. I knew it. I just I I get this on the edge of my seat. I said, I bet you he's gonna fucking read https.com.
369
00:30:30.299 --> 00:30:31.679
Oh, guarantee you.
370
00:30:33.500 --> 00:30:36.320
I thought it might be a link to that free samurai.
371
00:30:36.620 --> 00:30:40.400
It's not. For some reason, these keep coming up. Like, if you do it on Noster,
372
00:30:40.940 --> 00:30:47.335
it Yeah. Yeah. Tags back to the show. So I had to erase all that stuff. Okay. Alright. Well, yeah. I agree.
373
00:30:48.195 --> 00:30:48.934
Hashtag free
374
00:30:49.554 --> 00:30:50.054
samurai.
375
00:30:50.355 --> 00:30:55.495
Quiet out there. I would like to see more chat about it, please. Yeah.
376
00:30:55.955 --> 00:30:56.855
Sats Misfit.
377
00:30:57.554 --> 00:31:00.294
So I almost did stab a teddy.
378
00:31:00.700 --> 00:31:01.520
Cannot, that's
379
00:31:01.900 --> 00:31:04.080
aggressive. Can concur. They are fuckwits.
380
00:31:04.540 --> 00:31:06.880
My choice of weapon was an aluminum
381
00:31:07.340 --> 00:31:08.960
wrench from my garage.
382
00:31:09.340 --> 00:31:10.800
Gotcha. He gotcha.
383
00:31:11.180 --> 00:31:11.680
Yeah.
384
00:31:12.300 --> 00:31:13.280
Stab a teddy.
385
00:31:13.615 --> 00:31:14.914
Yeah. War time.
386
00:31:19.294 --> 00:31:19.794
Great.
387
00:31:20.575 --> 00:31:21.075
Yeah.
388
00:31:21.695 --> 00:31:25.955
Jack Crispy or Jack Crispy. Sure. Or jar Crispy.
389
00:31:26.340 --> 00:31:29.640
I think Jar Crispy. Let's go with that. Love it. Jar Crispy.
390
00:31:30.179 --> 00:31:31.559
What a time to be alive.
391
00:31:31.860 --> 00:31:35.559
Guys, I haven't been this optimistic about the world
392
00:31:35.940 --> 00:31:39.000
in quite a while, little praying thing.
393
00:31:39.380 --> 00:31:39.880
Heart,
394
00:31:40.260 --> 00:31:43.284
best wishes to all of you. May
395
00:31:43.284 --> 00:31:44.174
2025
396
00:31:44.235 --> 00:31:46.335
be your year for you,
397
00:31:46.794 --> 00:31:47.294
body,
398
00:31:47.595 --> 00:31:50.894
mind, and soul. Well, thank you. It's very nice.
399
00:31:51.274 --> 00:31:54.955
Beautiful. I love it. Yeah. Look at through here. We didn't get a boost from,
400
00:31:55.595 --> 00:32:14.395
brother Abel. I wonder if we if it was too dirty of a show from the booth. He's like, half sluts Maybe. Bust nuts at half sluts? I'm sorry. I I can't do it, guys. I can't I can't boost a show with a a naughty title like that. I saw something the other day that made me think of him. It was like a little as I was scrolling through Twitter, it was like
401
00:32:14.775 --> 00:32:16.395
some girl saying
402
00:32:16.695 --> 00:32:17.435
the bible,
403
00:32:17.975 --> 00:32:25.915
it means basic instructions before leaving Earth. And then someone was like, no, you stupid bitch. It doesn't mean that. That's a song from,
404
00:32:26.480 --> 00:32:42.565
can't remember who it was, but apparently, it was, like, in some rap song. It was like, that's not actually what it is, you idiot. Now now we've we went a little bit deeper. Asic instructions. Man, he he's creative. Yeah. Pretty cool. Pretty cool, man. Was it? Give me a second. Well, you give me a second because I'm gonna Google it now.
405
00:32:42.945 --> 00:32:43.445
Basic
406
00:32:43.904 --> 00:32:44.404
instructions
407
00:32:46.865 --> 00:32:47.365
before
408
00:32:47.825 --> 00:32:48.325
leaving
409
00:32:58.720 --> 00:32:59.940
It was Wu Tang.
410
00:33:00.400 --> 00:33:01.220
Wu Tang?
411
00:33:01.760 --> 00:33:05.060
Yeah. Basic instructions before leaving Earth.
412
00:33:05.600 --> 00:33:06.660
Thank you, Wu.
413
00:33:07.680 --> 00:33:08.900
Appreciate them, boys.
414
00:33:09.385 --> 00:33:12.845
Well, speaking of appreciation, appreciate all of our boosters,
415
00:33:13.545 --> 00:33:14.924
our value for value
416
00:33:15.385 --> 00:33:17.405
podcasting two point o supporters.
417
00:33:18.345 --> 00:33:19.325
What a great community.
418
00:33:19.705 --> 00:33:20.684
A great community
419
00:33:21.409 --> 00:33:21.909
not
420
00:33:22.370 --> 00:33:25.750
unlike the Lake Satoshi. The Coin Beach Retreat Crew.
421
00:33:40.365 --> 00:33:41.105
That's right.
422
00:33:41.645 --> 00:33:44.945
Lake Satoshi Bitcoin Beach retreat, August second
423
00:33:45.565 --> 00:33:47.025
twenty twenty five.
424
00:33:47.830 --> 00:33:48.330
Community,
425
00:33:48.870 --> 00:33:49.370
friendship,
426
00:33:50.790 --> 00:33:51.610
food, family,
427
00:33:52.230 --> 00:33:52.730
fun.
428
00:33:53.270 --> 00:33:54.010
It's fabulous.
429
00:33:54.870 --> 00:34:00.885
You're gonna love it. Please show up. More and more people are telling me every day, you know what?
430
00:34:01.265 --> 00:34:04.085
You've been talking about that Lake Satoshi Bitcoin beach retreat
431
00:34:04.465 --> 00:34:14.965
for two and a half years now. It must really be something. I think I'm gonna show up. I wanna spend time with people. I wanna give big old bear hugs to fundamentals
432
00:34:15.760 --> 00:34:22.820
and break his little back and get some cuddly hugs from people like Baseload even though I don't think he's gonna be there. It's just about hugs,
433
00:34:23.200 --> 00:34:23.700
love,
434
00:34:24.160 --> 00:34:24.660
community,
435
00:34:25.440 --> 00:34:32.475
sharing. I mean, I I can't say enough wonderful things about this event. Is it your favorite event you've ever been to?
436
00:34:33.895 --> 00:34:35.595
It feels like it probably is.
437
00:34:35.975 --> 00:34:39.595
Well, you know, it it's up there. I've I've lived a long life.
438
00:34:39.895 --> 00:34:41.195
Lots of different experiences.
439
00:34:41.920 --> 00:34:46.580
Mhmm. But it's it's certainly up there. Yes. That's right. I wouldn't call it my favorite.
440
00:34:46.880 --> 00:34:52.260
Mhmm. But then then again, like, you know, the kids ask me, oh, are you excited about your fishing trip? And I go, yeah.
441
00:34:52.640 --> 00:34:56.660
You're not excited about anything. You know, we'll be going on vacation. You excited to go on vacation?
442
00:34:57.145 --> 00:34:59.725
Yeah. Yeah. I'm I'm looking forward to it. I just don't, like,
443
00:35:00.025 --> 00:35:00.925
get excited
444
00:35:01.625 --> 00:35:03.245
Mhmm. About anything anymore.
445
00:35:03.865 --> 00:35:04.845
Quite flat.
446
00:35:05.625 --> 00:35:06.125
Yeah.
447
00:35:06.665 --> 00:35:11.385
Yeah. It's a good way to be because you have no ups. You have no downs. You sort of
448
00:35:12.380 --> 00:35:13.600
it's it's never like,
449
00:35:13.900 --> 00:35:16.480
oh, yeah. I'm having a really bad down day.
450
00:35:16.860 --> 00:35:18.000
I had a real
451
00:35:18.300 --> 00:35:24.000
great time last night, and now I'm all down. It's just like, how are you? Average. Always average. Standard.
452
00:35:24.744 --> 00:35:26.365
No joy. Even Steven.
453
00:35:26.825 --> 00:35:27.645
Yeah. Mhmm.
454
00:35:28.025 --> 00:35:29.965
Good. That's the way I like it.
455
00:35:30.905 --> 00:35:34.605
And you'll like it too. 08/02/2025,
456
00:35:34.984 --> 00:35:35.484
Langsburg,
457
00:35:35.785 --> 00:35:36.285
Michigan.
458
00:35:36.960 --> 00:35:40.320
Langsburg, Michigan. So if you're flying in, I think,
459
00:35:40.960 --> 00:35:43.940
probably the best thing to do would be to fly into Detroit.
460
00:35:44.400 --> 00:35:46.580
That's the largest airport there.
461
00:35:46.960 --> 00:35:51.869
Mhmm. And drive on over. Maybe take you, like, an hour from Detroit, maybe less. CC.
462
00:35:52.215 --> 00:35:56.235
We rent a car. Yeah. Not not a big deal. Not a big deal at all.
463
00:35:57.015 --> 00:36:00.395
I'll be driving. I think it takes us about five hours to get there.
464
00:36:00.855 --> 00:36:02.635
Bubba will be driving his motorcycle
465
00:36:03.415 --> 00:36:04.235
from Arizona.
466
00:36:05.015 --> 00:36:06.715
So if Bubba, an old
467
00:36:07.619 --> 00:36:10.440
crusty, broken down old man,
468
00:36:10.740 --> 00:36:16.039
can drive a motorcycle from Arizona to Michigan, I think you can hop in your car and get there for a couple hours.
469
00:36:18.500 --> 00:36:20.599
Is it a little sports story, Scott?
470
00:36:21.805 --> 00:36:22.305
No.
471
00:36:22.845 --> 00:36:26.385
No? No? I thought it was. It's a hardtail
472
00:36:27.005 --> 00:36:27.505
Springer.
473
00:36:28.045 --> 00:36:31.745
You know? I don't know I don't know what was modded on it. I don't think it was a Sportster.
474
00:36:32.285 --> 00:36:43.230
Okay. It's not built like a Sportster now. No. No. I it looks like a Springer, but I guess his back is getting used to it. It's tough. So, anyway, if this broken down old man can ride a motorcycle
475
00:36:43.770 --> 00:36:48.990
with no rear suspension, the only suspension on the back of that fucking thing is the springs on the seat,
476
00:36:49.345 --> 00:37:01.925
You can get in your car. Oh, my wife doesn't wanna she doesn't like Bitcoin. This is it's not it's not a fucking Bitcoin conference. Mhmm. Your wife doesn't wanna hear about all this bullshit because you're talking about it all the time at home. Okay. Great.
477
00:37:02.225 --> 00:37:04.645
Go sit her ass on the beach there and get a suntan.
478
00:37:05.280 --> 00:37:07.220
Go swim in the water. Go paddle boarding.
479
00:37:07.600 --> 00:37:08.980
Hop up on a jet ski.
480
00:37:09.360 --> 00:37:10.660
Grill some hot dogs.
481
00:37:11.040 --> 00:37:11.540
Whatever.
482
00:37:11.840 --> 00:37:14.740
It's a camping beach vacation with really cool people.
483
00:37:15.120 --> 00:37:15.620
Recently,
484
00:37:16.160 --> 00:37:22.285
Otis and Fundamentals was talking to them about coffee or doing something with the with the meshconomy,
485
00:37:22.585 --> 00:37:33.200
mesh to del marketplace thing. And, Otis is a Lake Satoshi guy, like an OG Lake Satoshi guy, and was talking about, man, it'd be nice to, like, set up a set up a tent there and,
486
00:37:33.839 --> 00:37:35.460
just be like a coffee house
487
00:37:36.240 --> 00:37:37.540
there at Lake Satoshi.
488
00:37:38.079 --> 00:37:44.099
Maybe play a little bit of music, have a guitar there, drink some coffee, just a coffee house type vibe. Sounds pleasant.
489
00:37:44.495 --> 00:38:00.040
Why don't we extend that along, like, have another tent over there for for shops so Carl can sell his wares, other people can sell some things, and Jackie's got, like, three d printed stuff that he sells. Like, this is the little marketplace up there. So I haven't yet, but we're gonna talk to the the Lake Satoshi
490
00:38:00.340 --> 00:38:09.780
crew and and see what we can't set up to have a little coffee shop for those guys. But that's the cool thing about it. It isn't like, oh, I wanna set up a coffee shop. Okay. That'll be $15,000
491
00:38:09.780 --> 00:38:14.645
for your little coffee shop table. Yeah. Literally. Just show up. Do it. Bitcoin magazine,
492
00:38:15.105 --> 00:38:22.645
reached out to me for that. Yeah. We love what you're doing. Yeah. Maybe you can have, like, a little stand for fucking, like, $30,000.
493
00:38:23.745 --> 00:38:24.565
Eat shit.
494
00:38:25.670 --> 00:38:27.690
Do you have any fucking idea
495
00:38:28.630 --> 00:38:37.450
how many hoodies we'd have to sell for that? Fucking hell. Ridiculous. Money back. No problem. But but it's about awareness. People will will be aware of your own government.
496
00:38:37.750 --> 00:38:39.725
Aware that you're a fucking idiot.
497
00:38:40.265 --> 00:38:42.445
Yeah. Because you spent $30 on a poop.
498
00:38:44.505 --> 00:38:45.885
Not spend $30.
499
00:38:46.185 --> 00:38:47.725
Spend $21.
500
00:38:48.025 --> 00:38:49.325
Yeah. Come to Lake Satoshi.
501
00:38:49.785 --> 00:38:55.270
Set up a tent. Set up a table somewhere. It doesn't matter. You got you got free reign to do whatever the hell you like.
502
00:38:55.650 --> 00:38:58.470
Attend the meetings about Bitcoin. Talk to people about Bitcoin.
503
00:38:58.770 --> 00:39:10.545
Don't talk to people about Bitcoin. Talk about hot dogs. I don't know. Whatever the fuck you want. Do whatever you want. That's right. Right now, we're gonna do whatever we want, and what I want to do next is get on to our statistics
504
00:39:10.845 --> 00:39:11.345
segment.
505
00:39:23.760 --> 00:39:24.580
Statistics. Statistics.
506
00:39:26.400 --> 00:39:29.300
And we'll tell you the basics for hashing with basics,
507
00:39:29.600 --> 00:39:30.980
Bitcoin mining statistics.
508
00:39:39.345 --> 00:39:39.845
Statistics.
509
00:39:41.825 --> 00:39:42.325
Statistics.
510
00:39:44.305 --> 00:39:47.220
I'm a tell you the basics for hashing with ASICs,
511
00:39:47.520 --> 00:39:48.900
Bitcoin mining statistics.
512
00:39:54.960 --> 00:39:55.460
Statistics.
513
00:39:59.365 --> 00:39:59.865
Statistics
514
00:40:00.245 --> 00:40:02.905
still brought to you by the LinkCoin mining platform.
515
00:40:03.365 --> 00:40:03.865
LinkCoin
516
00:40:04.165 --> 00:40:10.505
device management, reboot, adjust power, monitor temperature, site map, PDU management, PLC management, rails automation,
517
00:40:10.965 --> 00:40:20.600
batch troubleshoot, inventory management, profit and loss statements, not to mention the functions that load performs, real time energy pricing, demand response, and energy cost management.
518
00:40:20.900 --> 00:40:21.960
Schedule a consultation
519
00:40:22.500 --> 00:40:27.320
with them. Contact them at Lincoin Mining on the Twitters. Hit up Nima Amir,
520
00:40:27.635 --> 00:40:30.295
n I m z I l, or medinaseri,
521
00:40:30.915 --> 00:40:39.175
m e d I n a s e r I, to learn more about their ASIC energy and energy plus energy trading packages bundle and
522
00:40:39.555 --> 00:40:55.995
save. That was a quick one. Statistics in general is going to be a quick one today because there's really nothing to say about statistics. It's quite an unremarkable month of statistics besides hash rate going up. We're on a thirty day moving average. It is now at 815
523
00:40:56.475 --> 00:40:58.475
exahash. It was 787
524
00:40:58.475 --> 00:41:08.075
on our last show. Seven day moving average is eight fifty four, was seven sixty four. One day highs for the past month have been as much as 997,
525
00:41:08.075 --> 00:41:13.900
almost to that zeta hash on January 31, and as low as 674
526
00:41:13.900 --> 00:41:16.000
exahash the day before that.
527
00:41:16.460 --> 00:41:23.200
Interesting to get that one day spike like that. I'll never quite understand how how this is all counted up. It's kinda confusing.
528
00:41:23.805 --> 00:41:29.805
Mining pools of note, their hash rate. Foundry, two hundred thirty three. That's actually down from 277.
529
00:41:29.805 --> 00:41:30.704
All the decentralization
530
00:41:31.005 --> 00:41:32.865
bros are really making a hit, Foundry.
531
00:41:33.165 --> 00:41:33.905
They've convinced,
532
00:41:34.285 --> 00:41:35.744
you know, 44
533
00:41:36.204 --> 00:41:44.020
x hash, worth of mining to leave and, put their hash rate towards bid access, I guess. Antpool. Antpool alone is a 48
534
00:41:44.020 --> 00:41:48.200
exahash, but with its proxies added being this time, Binance,
535
00:41:48.500 --> 00:41:49.960
Rawpool, and Cloverpool.
536
00:41:50.420 --> 00:41:53.160
Antpool's actually more near 216
537
00:41:53.515 --> 00:41:59.295
Exahash still still behind foundry. Via BTC, a 18, f two eighty six. Marathon
538
00:41:59.755 --> 00:42:08.335
stayed at 53, just the exact same hash rate they had before, so no upgrades for them. SBI Crypto was down to 7.92.
539
00:42:08.540 --> 00:42:12.140
Ocean's hash rate, took a little bit of a dip recently, 3.14
540
00:42:12.140 --> 00:42:12.640
exahash.
541
00:42:13.020 --> 00:42:18.140
And our friends at Link Coin, which I have been mining with for many years now, was at 2.31
542
00:42:18.140 --> 00:42:18.640
exahash.
543
00:42:19.339 --> 00:42:21.520
Hash value? It's gone down again,
544
00:42:21.820 --> 00:42:23.680
as it pretty much will forever.
545
00:42:24.015 --> 00:42:31.154
You're running one petahash worth of machines. You're only going to get 55,643
546
00:42:31.535 --> 00:42:38.734
sats per day. That's right, Renickman. You would have to mine with a petahash for two days in order to boost our show 100,000
547
00:42:38.734 --> 00:42:49.310
sats. So that just goes to show you how, meaningful and impactful the boosts are when you when you get them from pleb miners who have put a lot of work in to get those sats.
548
00:42:49.849 --> 00:42:50.990
A lot of proof of work.
549
00:42:51.290 --> 00:42:51.790
Yeah.
550
00:42:52.725 --> 00:42:53.225
Okay.
551
00:42:54.565 --> 00:43:07.545
You wanted more. Yeah. I don't want more, but just a thought thought maybe the give me as much as you wanna give, pal. Okay. It was just a quickie. Oh, I like that. Go to sleep now. Hash price hit $61,
552
00:43:07.940 --> 00:43:17.560
but has been more in the 53 to $54 region for the past ten days or so, and that's where we are right now. Network difficulty is at 114,000,000,000,000.
553
00:43:17.620 --> 00:43:20.100
That means it's 114,000,000,000,000
554
00:43:20.100 --> 00:43:26.184
times harder to find a block than it was when Bitcoin was first created, when we had a difficulty of one.
555
00:43:26.724 --> 00:43:29.625
Transaction fees as a percentage of block reward, ratchet,
556
00:43:30.005 --> 00:43:30.505
bougie,
557
00:43:31.125 --> 00:43:31.625
nasty.
558
00:43:32.165 --> 00:43:35.785
The highest was January 19 at 1.37%,
559
00:43:35.870 --> 00:43:37.650
and now they are as low
560
00:43:38.350 --> 00:43:42.370
as they've been in the past year at point 39%.
561
00:43:42.990 --> 00:43:43.490
Nobody's
562
00:43:43.790 --> 00:43:44.930
ain't nobody paying
563
00:43:45.230 --> 00:43:50.690
to exchange this Bitcoin stuff from one wallet address to another. You ain't gotta pay for it. It's fucking free.
564
00:43:51.045 --> 00:43:58.345
Mhmm. Worry about it. Fee market. Fuck your fee market. Get the fucking out of here. Get the fuck out of here.
565
00:43:59.045 --> 00:44:06.665
We are not altruistic here as as Bitcoin miners. We want the money. Give me your money. I want all of it. You're gonna pay me
566
00:44:07.020 --> 00:44:08.480
all kinds of money
567
00:44:08.780 --> 00:44:10.720
to do your mining for you.
568
00:44:11.420 --> 00:44:13.840
Give me more. Give me more fees.
569
00:44:16.860 --> 00:44:18.480
No. No. That's a new one.
570
00:44:20.715 --> 00:44:23.215
I'm just so hungry for your feet.
571
00:44:24.715 --> 00:44:27.455
Squared it all over me. Oh, yeah.
572
00:44:28.875 --> 00:44:30.335
Point 37%?
573
00:44:30.555 --> 00:44:34.015
Uh-uh. I'm not giving it up for that little baby.
574
00:44:35.275 --> 00:44:38.950
I want four, five, 15, 20 percent.
575
00:44:39.250 --> 00:44:40.230
Oh, yeah.
576
00:44:42.530 --> 00:44:44.150
Vile. Totally vile.
577
00:44:47.250 --> 00:44:53.855
And now x now up next on Ungovernable Misfits action news, we have the part of the show that's actually action news.
578
00:44:55.115 --> 00:44:57.055
This is Ungovernable Misfits
579
00:44:57.355 --> 00:45:01.615
action news, your trusted source for news in the Bitcoin mining scene.
580
00:45:01.995 --> 00:45:03.215
Our pool of journalists
581
00:45:03.515 --> 00:45:06.895
are dedicated to uncovering the stories that matter most.
582
00:45:07.275 --> 00:45:08.549
What's that in the sky?
583
00:45:09.970 --> 00:45:12.470
Why it's all tear with minor news.
584
00:45:12.930 --> 00:45:14.390
Turn up the bass with
585
00:45:15.010 --> 00:45:15.910
bass load.
586
00:45:16.609 --> 00:45:20.069
Contributing maverick journalist Dick Greaser from the Bitcoin Bugle
587
00:45:20.609 --> 00:45:21.855
and the ever present
588
00:45:22.415 --> 00:45:23.315
bear maker.
589
00:45:24.734 --> 00:45:26.675
And now, uncover the mystery.
590
00:45:27.455 --> 00:45:30.675
Action, dude. My sweet, sweet, lovable boy.
591
00:45:31.215 --> 00:45:37.020
I take him and I clean his little beer so there's no pee pee in there. No. No. And I take
592
00:45:37.320 --> 00:45:38.380
all the oil
593
00:45:38.680 --> 00:45:52.625
and spread it all over his hooves. So they are soft and supple and they go flip, flip, flip, flip. Talking of soft, you saw that little goat, didn't you? I did see that little goat. Yes. I did. Little goat. How,
594
00:45:52.945 --> 00:45:53.845
how were his
595
00:45:54.465 --> 00:45:56.085
hooves in the cold?
596
00:45:56.545 --> 00:46:00.165
Well, it would behoove him not to go back to North Dakota.
597
00:46:02.145 --> 00:46:12.480
Did he moan and whinge? No. He was very good. Was he? He was very good. Even, you know, like, I I have to get out of the snow bear, you know, the vehicle that you're in when you're fishing.
598
00:46:12.940 --> 00:46:26.055
Mhmm. Just gonna I can't be all cooped up. So I'm walking around outside and visiting people and going to their snow bears and such, and he came outside with me for a little bit, and he seemed alright. He wasn't dying. He survived. It was negative 20. That's cold. That's very cold.
599
00:46:26.355 --> 00:46:33.235
Yeah. Negative 20. You'd have to convert that to Celsius. I've no idea. Like, negative. Maybe just the other day. It was, like, negative 35.
600
00:46:33.235 --> 00:46:40.690
Was it the same as Celsius? I can't remember. What whatever it is, it's it's very fucking cold. Very fucking cold. Yeah. The Southern boys,
601
00:46:41.070 --> 00:46:43.810
b rocket miner. I forget what his name is
602
00:46:44.110 --> 00:47:10.630
on the Twitters. B rocket miner, I think, or b t c speedboat or something like that. Anyway, I don't wanna say his real name, but he's a southern boy too. And, he was fine. They lived. Alright. These are tough guys. These are pleb miners, man. Mhmm. Tough motherfucker, tough sons of bitches. As long as they've got their mittens, they can get through anything. Yeah. Yep. And then here comes here comes Jordan from the Great White North. He's, like, in a jean jet fur lined jean jacket. Yeah. He's fine. It's no big deal. Oh, that's so Canadian.
603
00:47:11.089 --> 00:47:20.005
A fur lined jean jacket. I'm telling you, man. He showed up, and one guy was like, who the fuck is that guy? What the fuck is he wearing?
604
00:47:21.745 --> 00:47:24.965
They're like, that's Jordan. No. No. No. He's Canadian. It's alright. It's alright.
605
00:47:25.585 --> 00:47:28.245
Your retarded little brother shows up. Canadian.
606
00:47:29.070 --> 00:47:29.570
You
607
00:47:30.990 --> 00:47:36.130
you know, I think I think you asked me, like, oh, how's Jordan in real life? I was like, he is the exact same person.
608
00:47:36.510 --> 00:47:42.045
He's just nice and has, like, the biggest smile and, like, a the perfect black
609
00:47:42.365 --> 00:47:56.125
print beard. You know? And and and he's just, like, put he's put together. He's, like, slim and put together. Like, he might he might even, like, iron his jeans or something. I'm not sure. Really? He's put together. Yeah. Nice. I don't know if I,
610
00:47:56.840 --> 00:48:05.340
thought that he would be, like, perfectly manicured beard and stuff like that. I was thinking, like perfect. He might be a bit more rough and ready
611
00:48:05.800 --> 00:48:17.885
with the sort of, like, the work that he does and stuff. And then was to say he's not rough and ready? I don't you can't take that away from him. No. I'm not taking it away No. In in appearance. You know, like I see. I see. Not so manicured.
612
00:48:18.665 --> 00:48:37.110
No. No. Just just, like, maybe not quite so manicured, not quite so picture perfect. But then, you know, everything else he does is perfect. So Right. I don't know why he does that. And he You know what I mean? So it's a it's all around thing. The the work he does, you know, the Perfect. Plaster work, based contracting work, perfect, put together.
613
00:48:37.490 --> 00:48:40.445
His look, perfect, put together. He's now building
614
00:48:40.745 --> 00:48:44.845
dojos on Start 9 or Ashgrove. I don't know what he's building on these Start Nines.
615
00:48:45.865 --> 00:49:11.925
Perfect, put together. Yep. His guide's perfect. Everything about him. The guy's polished. What's he doing hanging out with us? I ask myself the same thing every day. What are you doing? He's too good for us. Certainly. Maybe he's trying to bring us up to his level. Maybe Maybe. You know, if you're sort of, like, the kids in the playground, they're like, oh, look at that mongrel kid. Like, they could be cool. You know what I mean? Like, they could they could be alright. They just need a bit of guidance. He saw something in us. Yeah.
616
00:49:12.785 --> 00:49:14.325
I'm gonna help these guys out.
617
00:49:16.385 --> 00:49:35.345
He was great. My little band was great. Sass Mitzvah was great. Jamie Bergen, great. Aaron, great. Aaron's son, little goofball. Just fun to hang out with. Be Rocket Miner, great. I don't think I'm missing anybody. Oh, one a a a new guy, Alex Hayes. I'll just do his mention right now. Alex Hayes.
618
00:49:36.525 --> 00:49:40.705
Let me scroll down to see what the name of his website is. I just recently met him.
619
00:49:41.165 --> 00:49:51.680
Fuck. ASIC minor academy or something like that. Shit. Okay. I'm not used to scrolling. ASIC Miner Academy dot AI. I'm gonna give Alex Hayes a little bit of a, yeah, advertising
620
00:49:51.980 --> 00:49:53.119
boost for free.
621
00:49:53.579 --> 00:49:55.039
ASIC Miner Academy
622
00:49:55.579 --> 00:49:56.160
dot AI.
623
00:49:56.539 --> 00:49:59.200
They do repair and mining operations training,
624
00:49:59.660 --> 00:50:01.279
improve your in house operations.
625
00:50:01.865 --> 00:50:02.765
If you have
626
00:50:03.545 --> 00:50:04.125
a mid
627
00:50:04.664 --> 00:50:15.085
to large scale mine and you're sick of stacking all your machines up on a pallet to send away, to be thrown away or not repaired on warranty and sent back and all this fucking rigmarole.
628
00:50:15.700 --> 00:50:20.040
Mhmm. Why don't you just train your staff to repair some machines there?
629
00:50:20.340 --> 00:50:25.940
Well, Alex Hayes and ASIC minor academy dot a I can come over and, teach your guys how to,
630
00:50:26.580 --> 00:50:33.565
do some basic repairs on machines or even go further. So met him. Really, really nice guy. Super, super cool dude.
631
00:50:33.945 --> 00:50:38.365
Got five kids. Homeschools them all. You know? It's like he and his wife, they're they're hustling.
632
00:50:38.665 --> 00:50:43.165
So if you you think you could use something like that, please contact Alex Hayes at ASIC
633
00:50:43.520 --> 00:50:45.700
Miner Academy dot a I.
634
00:50:46.240 --> 00:50:46.900
Good dude.
635
00:50:47.680 --> 00:50:53.140
Did you catch any fish on this fishing trip? Was it mainly just drinking and
636
00:50:53.520 --> 00:50:56.180
chat? Yeah. I know. Not a lot of drinking.
637
00:50:56.560 --> 00:51:03.855
Not at least in in the snow bear. Because then you gotta pee every you gotta go out in negative 20 degree weather and pee. Yeah. Don't be doing that.
638
00:51:04.475 --> 00:51:06.255
No. We did not catch a lot of fish.
639
00:51:06.795 --> 00:51:13.780
Not like last year. We caught a hundred and something fish. This year, I think we caught, like, 30, which seems like a lot, but it's not. I mean, these fish are little
640
00:51:14.980 --> 00:51:17.240
their perch. But it's about the camaraderie.
641
00:51:17.540 --> 00:51:21.640
It was good. We found out the last day why the fish weren't biting
642
00:51:22.020 --> 00:51:22.920
because somebody
643
00:51:23.380 --> 00:51:28.444
dropped their phone in the water. Mhmm. And it went down to the bottom of the lake.
644
00:51:28.744 --> 00:51:56.415
You know, you're drilling a three foot hole in ice. Mhmm. And so if you drop your phone down there, you're not getting the whole phone back. Let's go. Yeah. Yeah. But one of the guys had a camera, so he shoved the camera down in the hole to the bottom of the lake. And you could see the phone, but you could also see a whole sea of freshwater shrimp down at the bottom. So the fish were just totally full of shrimp. They had zero interest in our stupid little minnows. They would come up. You could see it on the radar. They would come up,
645
00:51:56.715 --> 00:52:02.335
sniff at you a little bit, maybe a little tiny nibble. Meh. I'm done. There was no motivation to really bite.
646
00:52:02.635 --> 00:52:04.575
And you wouldn't catch the shrimp?
647
00:52:05.035 --> 00:52:21.930
No. They're extremely small. Oh, okay. It's not like prawns. No shrimp catching on a hook. No. I mean, when when and you when you're really getting the fish, these are things that are, like, puking out shrimp. That's how much fucking shrimp they've eaten. So it's on the table when when you're filleting the fish, and they're just little tiny tiny shrimps like,
648
00:52:22.755 --> 00:52:24.375
I don't know, like a pinhead.
649
00:52:24.755 --> 00:52:36.520
Okay. So you could see the phone, but you couldn't get it. You could have done a good game, like, you know, the those arcade games where you have, like, the grabber, you know, like, the arm that comes down. It could have been good.
650
00:52:36.820 --> 00:52:51.865
It could have been good. You would have we had to move like, go outside and drill more holes to get directly on it, you know, because when it floated down, it it shifted a a few feet. It was about the worst scenario that could have possibly happened to the guy Yeah. Who dropped his phone, you know, for the slow motion.
651
00:52:52.165 --> 00:52:52.665
No.
652
00:52:54.085 --> 00:52:56.425
So there's just, like, one hole in the ice,
653
00:52:56.805 --> 00:52:57.865
and he somehow
654
00:52:58.405 --> 00:52:59.704
Yeah. Bloop bloop bloop
655
00:53:00.085 --> 00:53:00.905
bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bloop bangs.
656
00:53:01.445 --> 00:53:09.890
Yep. Yeah. Yeah. Yeah Awesome. And then me and Jamie Bergen were in the snow bear together, and this guy comes up and said, well, drop my fucking phone on the ice.
657
00:53:10.190 --> 00:53:27.345
And then he leaves. We're like, fuck. That sucks. Fuck, dude. And I I have I had my phone in in my bibs, and I just kept, like, holding on to it the whole time. Now I have my phone in my bibs like that all winter long working. It's never fallen out, but that would be my luck. The one time, I would lean over in just the right way and fucking fall out. Was it by chance
658
00:53:27.964 --> 00:53:31.345
Barnliner? Because I worry about him operating a phone
659
00:53:31.910 --> 00:53:38.330
with hooves. He hasn't got the dexterity to hold the phone to start with, and then he's got olive oil all over them. It's Slippery,
660
00:53:38.950 --> 00:53:39.450
slippery.
661
00:53:40.070 --> 00:53:41.370
It wasn't him.
662
00:53:41.670 --> 00:53:45.625
No. It wasn't Barn Miner. Impressive. He's a responsible boy.
663
00:53:46.405 --> 00:53:50.185
He's a good boy. He's my good boy. I love him.
664
00:53:50.725 --> 00:53:55.785
He was able to bring up some barn jerky. Oh. And, we used,
665
00:53:56.565 --> 00:53:58.760
you know, Canadian friend as
666
00:53:59.060 --> 00:54:03.080
a mule to smuggle meat across the border. Nice. Fucking ungovernable
667
00:54:03.380 --> 00:54:05.560
is that? That's good. Mule.
668
00:54:06.100 --> 00:54:07.480
We'll talk more about the
669
00:54:07.780 --> 00:54:11.480
mule concept on our, next episode of PMM.
670
00:54:12.340 --> 00:54:12.840
Yeah.
671
00:54:13.244 --> 00:54:13.744
Mesh
672
00:54:14.365 --> 00:54:15.184
economies. Circular
673
00:54:15.805 --> 00:54:16.704
pleb economies.
674
00:54:17.644 --> 00:54:18.865
Oh my god.
675
00:54:19.484 --> 00:54:20.625
What the fuck?
676
00:54:21.244 --> 00:54:22.305
Can you hear that?
677
00:54:23.164 --> 00:54:23.664
No.
678
00:54:24.285 --> 00:54:31.500
My phone is now talking to my headset, which has never done before because Jordan is calling me. Oh, boy.
679
00:54:31.800 --> 00:54:43.955
This is the third recording in a row. Right? I'm gonna turn my phone off. The third record oh, it's because I've now got signal on my laptop. I didn't used to. Let me get rid of that. Let me close it down. I'm gonna write to you in that middle of recording. Mid record
680
00:54:44.575 --> 00:54:47.155
with John. What you can even currently
681
00:54:48.655 --> 00:54:49.715
calling you
682
00:54:50.895 --> 00:54:51.875
a Canadian
683
00:54:53.640 --> 00:54:54.140
cunt.
684
00:54:55.640 --> 00:55:04.140
I didn't see that. No. But that's not true. You lied to him. Quit signal. No. He can't call me. No. He is one because right. Last three recordings.
685
00:55:04.599 --> 00:55:06.780
Right. So I was recording this to Spencer,
686
00:55:07.215 --> 00:55:11.875
middle of recording, messaging me. Where is it? I need the recording. I need the recording.
687
00:55:12.495 --> 00:55:25.040
Like, getting all assy with me. I'm like, in the middle of fucking recording, mate. He's never been assy with anyone in his life, in in life. Middle of recording. Right? Next recording, recording with q. I'm getting messages, just GIFs
688
00:55:25.340 --> 00:55:28.480
of someone throwing their arms up and huffing, like,
689
00:55:29.740 --> 00:55:37.760
like that. Like, I haven't got the fucking thing yet. I'm supposed to have it. I haven't got it yet. Again, mid recording. And now
690
00:55:38.595 --> 00:55:39.415
strike three.
691
00:55:39.715 --> 00:55:41.895
Recording with you. Fucking interrupting.
692
00:55:42.915 --> 00:55:43.415
Unbelievable.
693
00:55:43.875 --> 00:55:47.575
I'm because I you know, now I know what he looks like. I can see that that beautiful
694
00:55:48.595 --> 00:56:03.440
smiling face and the perfectly manicured beard, and he just wants to know what's up. He's just trying to get work done. Yeah. That's true. He just sent me a a laughing, smiling emoji in response to, my message. Not everybody is a miserable British
695
00:56:04.060 --> 00:56:10.365
bastard like you are. That's true. That's true. Right? Sister, don't put that upon him. He's a happy Canadian.
696
00:56:10.825 --> 00:56:12.605
Okay. No. He's not saucy.
697
00:56:14.025 --> 00:56:14.525
Sassy.
698
00:56:14.825 --> 00:56:17.165
He is sassy. I like that about him.
699
00:56:17.465 --> 00:56:22.365
You know what we're doing here on Un Guerrilla Misfits is now we're doing our own investigative journalism.
700
00:56:22.905 --> 00:56:24.285
Mhmm. I'm not credentialed
701
00:56:24.789 --> 00:56:27.210
and never will be, but I can look at a spreadsheet.
702
00:56:27.750 --> 00:56:29.930
And I can tell you that Jack Dorsey
703
00:56:30.710 --> 00:56:31.210
is
704
00:56:31.990 --> 00:56:32.970
a social justice
705
00:56:33.829 --> 00:56:34.329
warrior
706
00:56:34.789 --> 00:56:35.289
cunt.
707
00:56:37.365 --> 00:56:41.625
Hey. Hey. Hey. I wanted a big key sponsorship. Don't fucking
708
00:56:42.245 --> 00:56:50.105
you put a spanner in the works there, you cunt. Well, they they only gave him a million dollars, so I don't think we have enough to give to you. Okay. So far,
709
00:56:50.520 --> 00:56:51.180
Jack Dorsey's
710
00:56:51.640 --> 00:56:53.020
Start Small LLC
711
00:56:53.560 --> 00:56:54.060
has
712
00:56:54.600 --> 00:56:55.900
funded social justice
713
00:56:56.600 --> 00:56:57.100
organizations,
714
00:56:58.200 --> 00:56:59.740
COVID relief organizations,
715
00:57:00.680 --> 00:57:02.220
child trafficking organizations,
716
00:57:02.815 --> 00:57:05.315
oh, but also open source and Bitcoin development
717
00:57:05.855 --> 00:57:13.715
for the tune of 634,681,561
718
00:57:13.935 --> 00:57:15.795
Sats. Dollars. American
719
00:57:16.255 --> 00:57:17.715
dollars. Not loonies,
720
00:57:18.530 --> 00:57:19.030
not
721
00:57:19.490 --> 00:57:20.790
pounds, not sats,
722
00:57:21.330 --> 00:57:21.830
million
723
00:57:22.290 --> 00:57:22.790
dollars.
724
00:57:23.250 --> 00:57:36.775
Wow. Yeah. And now he's given a lot to the Bitcoin Legal Defense Fund, one point five million. Okay. 1,000,000 to Brink to strengthen the Bitcoin developer community. 10,000,000 to OpenSats, and OpenSats goes and spreads their money around everywhere.
725
00:57:37.475 --> 00:57:39.315
Mhmm. Even gave a little bit of money to,
726
00:57:40.035 --> 00:57:42.455
other sort of, plebby kinds of things.
727
00:57:42.915 --> 00:57:44.695
Tor project gets a million dollars.
728
00:57:45.290 --> 00:57:47.930
The nostril thing got $5,500,000.
729
00:57:47.930 --> 00:57:53.950
That's a big chunk of change. Yeah. He loves the nostril, doesn't he? Does love the nostrils. Yeah. Mhmm. Signal
730
00:57:54.330 --> 00:57:55.450
got $1,000,000
731
00:57:55.450 --> 00:57:56.109
from him.
732
00:57:56.410 --> 00:58:01.525
Mastodon, everybody was hot on that mastodon for about five minutes. Mhmm. That got $500,000,
733
00:58:01.525 --> 00:58:08.645
and Proton got a million. So we spread that around. You know, what are we looking at here? 10,000,000 open sets, a 12 and a half million, 13
734
00:58:09.125 --> 00:58:12.325
About 20,000,000. Another 5.5. Another $20,000,000.
735
00:58:12.325 --> 00:58:16.520
Yeah. Yeah. That's cool. He also led the funding of Ocean,
736
00:58:16.980 --> 00:58:20.599
the Mummalin Group, to the tune of $6,200,000.
737
00:58:20.819 --> 00:58:24.279
That wasn't him by himself, though. He did that with, organization called Accomplice,
738
00:58:24.660 --> 00:58:25.720
Barefoot Mining,
739
00:58:26.195 --> 00:58:26.695
MoonKite,
740
00:58:27.315 --> 00:58:30.295
couldn't find any information about them, New Layer Capital,
741
00:58:30.595 --> 00:58:34.135
couldn't really find much information about them, and the Bitcoin
742
00:58:34.435 --> 00:58:34.935
Opportunity
743
00:58:35.555 --> 00:58:42.290
Fund. Okay. So that's cool. It's a lot of money. I don't know. What are what are we up to here? 26,000,000
744
00:58:42.530 --> 00:58:45.990
Ish. Yeah. Yeah. Out of 634,000,000?
745
00:58:46.290 --> 00:58:46.790
Yep.
746
00:58:47.410 --> 00:58:57.605
I definitely can see that Bitcoin and open source stuff is a huge priority of his. Well, let's Hold on. Hold on. Hold on. Let's just be let's just be fair.
747
00:58:58.145 --> 00:58:59.765
Okay. When did this
748
00:59:00.145 --> 00:59:03.845
start the counter for this $634,000,000?
749
00:59:04.065 --> 00:59:05.440
Is it ever?
750
00:59:05.740 --> 00:59:10.800
Is it Ever. In the last ever? Okay. This is since 2020.
751
00:59:10.860 --> 00:59:16.880
Oh, since 2020. That's Mhmm. Not ever then. Twenty twenty. Okay. Ever as far as start small LLC.
752
00:59:17.260 --> 00:59:30.635
Fine. So five years. Yeah. I was trying to be the reasonable side and go, this could be before he found Bitcoin and could be Twitter day. Well, I mean, he found Bitcoin in in 02/2008
753
00:59:30.890 --> 00:59:34.670
when he it, mate. So he's white paper. Yeah. Yeah.
754
00:59:35.930 --> 00:59:36.430
So
755
00:59:37.210 --> 00:59:45.230
he's known. Where else has his money gone then? Well, the Start Small LLC, you can look this all up in a spreadsheet. It's publicly available information.
756
00:59:45.755 --> 00:59:48.315
He's given $25,000,000,
757
00:59:48.315 --> 00:59:49.755
so pretty much as all of his,
758
00:59:50.475 --> 00:59:57.455
you know, Bitcoin open source, plebby kind of stuff to resolve to save lives. That's a public health initiative working to prevent epidemics
759
00:59:57.930 --> 00:59:58.589
and cardiovascular
760
00:59:58.970 --> 01:00:01.230
disease led by former CDC director
761
01:00:01.530 --> 01:00:04.270
Tom Frieden. It focuses on pandemic preparedness,
762
01:00:04.970 --> 01:00:05.470
hypertension
763
01:00:05.770 --> 01:00:11.535
control, and global health systems. It's good. Mhmm. No problem. These Jack Dorsey is
764
01:00:12.015 --> 01:00:13.875
definitely not the USAID
765
01:00:14.494 --> 01:00:15.474
of progressive
766
01:00:16.095 --> 01:00:17.075
tech bro philanthropists.
767
01:00:17.934 --> 01:00:18.755
No way.
768
01:00:19.135 --> 01:00:21.694
He's also given $25,000,000
769
01:00:21.694 --> 01:00:23.474
to the Clara Lionel
770
01:00:24.015 --> 01:00:25.474
Foundation. This is a foundation
771
01:00:25.855 --> 01:00:34.960
founded by Rihanna, focuses on climate resilience, energy prepared oh, no. Not energy preparedness. No. I don't care about that. Emergency preparedness
772
01:00:35.420 --> 01:00:36.640
and global education
773
01:00:36.940 --> 01:00:43.145
initiatives for underserved communities. That sounds great, doesn't it, Max? It sounds great. I like Rihanna.
774
01:00:43.685 --> 01:00:48.185
Oh, she's wonderful. She's she's not a demon possessed creature whatsoever,
775
01:00:48.485 --> 01:00:52.165
and she is wonderful and sweet. And, you know, look at last year's,
776
01:00:52.485 --> 01:00:58.819
Super Bowl performance. I'd look at her and I say, I want my children to emulate that woman. Mhmm. I think she's fantastic.
777
01:00:59.359 --> 01:01:01.540
Well, let's go a little bit deeper into
778
01:01:01.920 --> 01:01:02.819
these donations
779
01:01:03.359 --> 01:01:05.460
by the Clara Lionel
780
01:01:05.920 --> 01:01:06.420
Foundation.
781
01:01:06.800 --> 01:01:12.204
Sounds pretty good. You got the investment in climate justice initiatives in The US and Caribbean.
782
01:01:12.585 --> 01:01:27.770
Well, who could argue with that? You're gonna hear some q and a type clicking as I go through this this spreadsheet, so I hope that's okay. You should be That's acceptable. Actually, I haven't heard a lot of clicking from q and a. I I think all of our, our poking at him about the clicking. He's
783
01:01:28.070 --> 01:01:31.050
finally gotten himself something a little bit more quiet.
784
01:01:31.590 --> 01:01:36.435
How about the Black Feminist Fund That's related to the Clara Lionel Foundation.
785
01:01:36.815 --> 01:01:43.474
It's serving as the first global hub for black feminist philanthropy led by activists from across Africa and the Caribbean diaspora.
786
01:01:43.855 --> 01:01:48.435
Black Feminist Fund significantly increases the resources available to black feminist movements.
787
01:01:48.819 --> 01:01:59.480
Excellent. Who who couldn't yeah. Everybody likes that. How about Black Visions? It's a collective of black led, queer, and trans centering organizations whose mission is to organize powerful, connected black communities.
788
01:02:00.180 --> 01:02:02.025
They got $1,500,000.
789
01:02:02.105 --> 01:02:05.404
Dorsey cares just as much about queer and trans
790
01:02:05.785 --> 01:02:06.285
blacks
791
01:02:06.585 --> 01:02:07.964
as he does Bitcoin
792
01:02:08.505 --> 01:02:14.924
legal defense fund. Mhmm. What else is Dorsey doing with this money? Why, he's got the Caribbean Youth Environment
793
01:02:15.305 --> 01:02:17.810
Network. I'm sure this isn't a child trafficking
794
01:02:18.110 --> 01:02:26.930
ring dedicated to improving the quality of life of Caribbean young people by facilitating their personal development and full involvement in environment and sustainable development.
795
01:02:27.310 --> 01:02:39.664
Because that's certainly the only way that you can help out youth in The Caribbean, just turn them into social justice warriors. Mhmm. How about the Center for Popular Democracy? This sounds like a good one. They champion equity,
796
01:02:39.964 --> 01:02:40.464
opportunity,
797
01:02:41.085 --> 01:02:42.065
and a dynamic
798
01:02:42.444 --> 01:02:42.944
democracy
799
01:02:43.400 --> 01:02:46.300
in partnership with high impact base building organizations,
800
01:02:47.080 --> 01:02:47.580
like
801
01:02:47.880 --> 01:02:49.740
the Environment Justice Campaign.
802
01:02:50.040 --> 01:02:52.300
Very good. They got $2,500,000.
803
01:02:52.600 --> 01:02:54.860
Should shall shall I go on, sir?
804
01:02:56.040 --> 01:02:57.180
This goes on
805
01:02:57.684 --> 01:02:59.204
for 65
806
01:02:59.204 --> 01:03:09.065
more entries, and trust me, they're all about the same. Climate Justice Alliance, Climate and Clean Energy Equity Fund, Deep South Center for Environmental Justice,
807
01:03:09.780 --> 01:03:12.120
Girls Care. Who knows what the hell that is?
808
01:03:13.060 --> 01:03:14.520
Is there some reason
809
01:03:15.300 --> 01:03:16.120
that could be
810
01:03:16.420 --> 01:03:16.920
financially
811
01:03:17.300 --> 01:03:17.800
motivated
812
01:03:18.500 --> 01:03:19.160
to do
813
01:03:19.620 --> 01:03:22.120
these type of charitable things
814
01:03:22.615 --> 01:03:24.475
where you get some type of kickback
815
01:03:24.775 --> 01:03:26.475
or you pay less taxes
816
01:03:27.095 --> 01:03:31.355
or you get some extra deal or whatever it is. Presumably,
817
01:03:32.615 --> 01:03:34.315
there's some sort of reason
818
01:03:34.775 --> 01:03:39.000
that the money is always sort of funneled into these, like,
819
01:03:40.180 --> 01:03:48.920
whatever, like a charity to make sure that, you know, people who have one leg and they happen to be gay and they're worried about climate change
820
01:03:49.575 --> 01:03:50.875
and they are emotionally
821
01:03:51.255 --> 01:03:54.315
concerned, and so they need some sort of therapy
822
01:03:54.615 --> 01:03:55.675
using DMT.
823
01:03:56.375 --> 01:03:58.295
And it's gonna cost $10,000,000
824
01:03:58.295 --> 01:04:01.115
per per that kind of, like, wacky shit.
825
01:04:01.560 --> 01:04:02.300
Is there
826
01:04:03.000 --> 01:04:04.300
a reason a financial
827
01:04:04.600 --> 01:04:05.100
reason
828
01:04:05.560 --> 01:04:13.260
that could explain it, or does he actually really care about that shit? Or is it like a organized crime? You know, I'm sure there are tax benefits,
829
01:04:13.775 --> 01:04:16.515
but it's part of the whole global progressive
830
01:04:17.055 --> 01:04:18.595
money laundering campaign.
831
01:04:18.895 --> 01:04:23.395
I mean, if you were to spend this much money, if if you were given 5,000,000
832
01:04:23.855 --> 01:04:25.075
for your local community,
833
01:04:25.375 --> 01:04:27.955
what could you possibly do with $5,000,000?
834
01:04:28.070 --> 01:04:38.890
A lot. You look at yeah. A a lot. And some of these go into small Caribbean islands that don't seem to be any better off. For instance, if you start I don't know if you've dug deep into this USAID
835
01:04:39.350 --> 01:04:39.850
thing
836
01:04:40.164 --> 01:04:40.325
that,
837
01:04:41.365 --> 01:04:45.464
Elon Musk is no. Yeah. You're hearing a lot about it. And then when you dive into, you think, man,
838
01:04:45.765 --> 01:04:46.424
they gave
839
01:04:46.884 --> 01:04:48.644
$55,000,000
840
01:04:48.644 --> 01:04:50.345
to this or that, you know,
841
01:04:50.884 --> 01:04:52.424
the with the Clinton Foundation
842
01:04:52.724 --> 01:04:55.224
and their relief efforts in Haiti
843
01:04:55.809 --> 01:04:59.589
since the nineties, and Haiti is still a giant disgusting
844
01:05:00.130 --> 01:05:00.630
cesspool
845
01:05:01.170 --> 01:05:02.230
shithole country.
846
01:05:02.690 --> 01:05:03.589
And somehow
847
01:05:04.289 --> 01:05:17.255
Chelsea Clinton, Bill and Hillary Clinton's daughter is a She paid for a wedding. A million millionaire paid for a wedding. Right. So this gives me the exact same vibes as that USAID thing. That's why I said Jack Dorsey is the progressive
848
01:05:17.954 --> 01:05:18.775
tech bro
849
01:05:19.234 --> 01:05:20.694
equivalent of USAID.
850
01:05:21.795 --> 01:05:24.770
I get you. That's fair. What we're saying is
851
01:05:25.150 --> 01:05:27.650
the money could be much better spent, obviously,
852
01:05:27.950 --> 01:05:29.730
and that most of these organizations
853
01:05:30.270 --> 01:05:31.570
are almost certainly
854
01:05:32.270 --> 01:05:32.770
schemes
855
01:05:33.070 --> 01:05:37.170
to look like you're doing something useful, but actually enriching
856
01:05:37.565 --> 01:05:40.525
people who shouldn't be enriched and paying for $5,000,000
857
01:05:40.525 --> 01:05:50.125
weddings and Mhmm. All sorts of nefarious bullshit. It's a celebrity circle jerk. So I'll go on here. We're done with the Rihanna stuff. That was a tune of $25,000,000
858
01:05:50.125 --> 01:05:53.170
distributed in, you know, 72
859
01:05:53.309 --> 01:05:55.089
or 60 something different,
860
01:05:56.029 --> 01:06:01.490
programs like what I mentioned. Something to do with race, something to do with sexuality,
861
01:06:02.349 --> 01:06:05.650
social justice. If you can combine them all, that's perfection.
862
01:06:06.510 --> 01:06:13.565
Yeah. If you can get the combo, that's a fucking that's a kill shot. You've got every benefit you could possibly want.
863
01:06:14.505 --> 01:06:17.785
The World Central Kitchen got $15,000,000.
864
01:06:17.785 --> 01:06:20.285
This is founded by chef Jose Andree.
865
01:06:20.585 --> 01:06:29.279
I guess maybe he's famous. And this nonprofit provides food relief in disaster zones. It was active in COVID nineteen response. Did you get COVID nineteen food?
866
01:06:29.900 --> 01:06:32.319
Oh, here we go. Haiti and Ukraine.
867
01:06:32.700 --> 01:06:33.839
Oh, boy. Interesting.
868
01:06:34.985 --> 01:06:40.285
The National Council for Incarcerated and Formerly Incarcerated Women and Girls got $10,000.
869
01:06:40.905 --> 01:06:44.765
Social justice group. 10 million dollars. They got 10 mil. Yeah.
870
01:06:45.145 --> 01:06:55.390
I've not even had 1 mil. What the fuck? Well, I I you know, Somebody look this up for me. I know you will. There's gotta be some Dorsey cucks in here. They're gonna be like, well, he's a really good guy.
871
01:06:55.930 --> 01:06:59.950
How much of the Bitcoin legal defense fund give to p2prights.org?
872
01:07:00.170 --> 01:07:01.070
These are real,
873
01:07:01.690 --> 01:07:05.895
people trying to empower somebody, power Bitcoin users with privacy
874
01:07:06.195 --> 01:07:11.175
that are still being persecuted by the United States government. Mhmm. Did the Bitcoin legal defense fund
875
01:07:11.635 --> 01:07:13.315
donate to p2prights.org
876
01:07:13.315 --> 01:07:16.375
and how much? Maybe I can look that up in the start small.
877
01:07:16.755 --> 01:07:18.375
Please excuse the clicks.
878
01:07:19.020 --> 01:07:21.440
Nope. Put in p two p and no entries
879
01:07:22.140 --> 01:07:27.280
there. What about through OpenSats? Because you gave 10,000,000 to OpenSats. Did they
880
01:07:27.660 --> 01:07:28.560
fund it?
881
01:07:28.860 --> 01:07:33.865
But it would be broken down. So, like, the Rihanna thing, that $25,000,000,
882
01:07:33.865 --> 01:07:43.645
that's broken down on all these smaller increments. It'll say, like, through Clara Yeah. Yeah. Yonel Foundation. So that would have that would have said through Bitcoin legal defense fund, through OpenSats,
883
01:07:44.390 --> 01:07:48.890
possibly. So basically, out of the $634,000,000,
884
01:07:48.950 --> 01:07:52.730
it seems he's given fuck all to help free samurai.
885
01:07:53.190 --> 01:07:55.210
Yeah. I got 20 1 point 5.
886
01:07:55.830 --> 01:07:59.290
Ocean funding wasn't through Start Small LLC. So just
887
01:07:59.685 --> 01:08:00.905
just the philanthropic
888
01:08:01.525 --> 01:08:07.865
things in Bitcoin and open source, you know, to include signal and nostr and such, 21.5.
889
01:08:08.005 --> 01:08:10.565
Okay. He also donated $5,000,000
890
01:08:10.565 --> 01:08:15.065
to the Black Feminist Fund, one million dollars to the LeBron James Family Foundation,
891
01:08:15.900 --> 01:08:20.160
Vital Strategies, resolve to save lives, thirty eight million dollars.
892
01:08:20.620 --> 01:08:24.560
The core community organized relief effort, $30,000,000.
893
01:08:24.860 --> 01:08:30.239
That's another public health initiative under the resolve to save lives focusing on digital health solutions,
894
01:08:31.015 --> 01:08:31.515
epidemiological
895
01:08:31.975 --> 01:08:32.475
monitoring,
896
01:08:33.015 --> 01:08:35.115
and public health infrastructure.
897
01:08:35.655 --> 01:08:39.035
So when I was looking deeper into this in the COVID nineteen response,
898
01:08:39.335 --> 01:08:43.035
there was a lot of money funneled to universal basic income,
899
01:08:43.360 --> 01:08:45.940
and there was a lot of money funneled into
900
01:08:46.480 --> 01:08:55.460
what did they call it? Oh, contact tracing. Oh, yeah. That was good. These Jack Dorsey groups so you're all about Bitcoin and open source and privacy,
901
01:08:55.920 --> 01:08:56.980
yet you funded
902
01:08:57.485 --> 01:08:59.585
a shitload of money towards
903
01:09:00.045 --> 01:09:01.825
contact tracing for COVID nineteen,
904
01:09:02.285 --> 01:09:04.225
a global surveillance network.
905
01:09:05.005 --> 01:09:06.705
Get the fuck out of here.
906
01:09:07.805 --> 01:09:09.025
Yeah. That is comfy.
907
01:09:09.960 --> 01:09:13.580
So this core community organized relief effort
908
01:09:14.040 --> 01:09:26.344
was founded by Sean Penn. I don't know if you're familiar with him. He's a b list actor who Mhmm. Happened to be married to Madonna and is a social justice warrior. So I wanted to make this comparison
909
01:09:26.645 --> 01:09:31.784
at the beginning. I was like, oh, man. I really gotta dig in and find some USAID
910
01:09:33.284 --> 01:09:33.784
funding
911
01:09:34.324 --> 01:09:36.025
overlapped with Jack Dorsey's
912
01:09:36.500 --> 01:09:41.860
Start Small LLC, and this was probably the best one I could find. So he gives $30,000,000
913
01:09:41.860 --> 01:09:43.320
to Sean Penn's organization,
914
01:09:43.860 --> 01:09:46.360
and Sean Penn was funded by USAID
915
01:09:46.820 --> 01:09:55.905
along with other celebrities to go over there and meet with Zelensky and and do a photo op and, you know, Ben Stiller and Cameron Diaz and and, Angelina
916
01:09:56.285 --> 01:10:01.345
Jolie. To go there and sort of Hate to go. Mhmm. Yeah. Amazing. With Zelensky,
917
01:10:02.045 --> 01:10:05.905
give me more money. Give me money. I'm going to kill Russian.
918
01:10:06.660 --> 01:10:13.080
Going to kill Ukraine boys in mid grinders. Give me money. I need more for this war.
919
01:10:13.620 --> 01:10:14.840
Putin is bad.
920
01:10:15.460 --> 01:10:17.640
Give me more money. Pay you.
921
01:10:18.595 --> 01:10:21.335
I want to kill Ukrainian Russian boys.
922
01:10:21.715 --> 01:10:23.495
Give me money to do this.
923
01:10:24.035 --> 01:10:26.855
Take picture with me, Sean Penn. Come.
924
01:10:27.315 --> 01:10:29.095
Stand next to me, bean stealer.
925
01:10:29.795 --> 01:10:30.935
This is your hero,
926
01:10:31.555 --> 01:10:32.055
people.
927
01:10:33.360 --> 01:10:39.060
Please be aware. Please understand who these fucking people are. Jack Norris is not your fucking friend.
928
01:10:39.600 --> 01:10:43.540
He doesn't love Bitcoin and open source more than you do.
929
01:10:43.920 --> 01:10:45.380
He's just spreading it around.
930
01:10:45.695 --> 01:10:47.235
Where was he when the FBI
931
01:10:48.095 --> 01:10:50.835
and CIA and censorship groups in in the country
932
01:10:51.375 --> 01:10:52.675
squashed the Hunter
933
01:10:53.135 --> 01:10:55.795
Biden laptop stories that was Russian disinformation?
934
01:10:56.415 --> 01:11:00.275
Where was he when we all wanted to tell you how bad COVID nineteen
935
01:11:00.820 --> 01:11:01.720
vaccines were?
936
01:11:02.100 --> 01:11:08.280
Mhmm. To tell everybody about the lie of COVID, the global organized lie of it? Where was he?
937
01:11:08.740 --> 01:11:10.440
Helping little retarded
938
01:11:11.460 --> 01:11:12.680
children somewhere.
939
01:11:13.300 --> 01:11:15.800
Mhmm. Yeah. He was too busy
940
01:11:16.295 --> 01:11:20.235
helping retarded one legged trans black children in The Caribbean.
941
01:11:22.055 --> 01:11:25.915
Helping them by walking past them with a big bag of money.
942
01:11:26.535 --> 01:11:28.395
He was helping them buy solar panels.
943
01:11:28.855 --> 01:11:29.355
Yeah.
944
01:11:32.670 --> 01:11:38.850
It's so tough with all this stuff because it's like Yeah. It's so confusing and runs so deep
945
01:11:39.230 --> 01:11:39.730
that
946
01:11:40.190 --> 01:11:42.370
you sort of look at it and you go,
947
01:11:42.830 --> 01:11:53.595
yeah. There's obviously some bullshit going on here, and there's definitely some money being filed off. And there's this and there's that. You know? So it was all this stuff going on, but it's like, it's very hard to actually
948
01:11:53.975 --> 01:11:56.555
really pinpoint it down and be like,
949
01:11:57.000 --> 01:12:10.619
I know for a fact that you've paid this, and that's gone directly to child trafficking or that's gone to this thing that's particularly bad. Even have to in infer the stuff. Just read just read parts of what I read.
950
01:12:11.494 --> 01:12:15.435
You can fill in the lines. Fill in the blanks, I mean. Read between the lines.
951
01:12:15.815 --> 01:12:16.315
Yeah.
952
01:12:17.014 --> 01:12:17.835
Get it.
953
01:12:19.175 --> 01:12:20.395
There ain't no saviors.
954
01:12:20.775 --> 01:12:23.195
Suffolk key sponsorship gone, mate.
955
01:12:23.660 --> 01:12:26.640
Thanks for that. Oh, well, I'm not worried about it.
956
01:12:27.260 --> 01:12:31.520
Just saying, you you guys put this fucking guy up on a pedestal. You'll take his money.
957
01:12:31.820 --> 01:12:33.280
You'll dance his dance,
958
01:12:33.740 --> 01:12:39.155
and you're worried about Bitmain and Antpool destroying Bitcoin? I I mean, they just make gear
959
01:12:39.534 --> 01:12:40.514
and have a pool.
960
01:12:40.974 --> 01:12:42.435
This guy's a progressive
961
01:12:42.815 --> 01:12:51.155
social justice warrior handing money out for things you probably don't believe in, and he gave them a hell of a lot more money than he gave Bitcoin in open source.
962
01:12:51.660 --> 01:12:54.820
I think contact tracing was good. I mean, that was
963
01:12:55.260 --> 01:12:57.760
I wanna know. I wanna know where you've been.
964
01:12:58.860 --> 01:13:04.960
Anyway, we'll talk more about the motivations of people who are in Bitcoin mining for altruistic
965
01:13:05.500 --> 01:13:06.800
reasons or
966
01:13:07.215 --> 01:13:09.315
self serving objectivist reasons,
967
01:13:10.175 --> 01:13:11.955
like just making some money.
968
01:13:12.575 --> 01:13:14.755
But in the meantime, we've got a little bit more
969
01:13:15.055 --> 01:13:18.355
action news. And up next is Bitcoin baseloads
970
01:13:18.655 --> 01:13:19.795
info you.
971
01:13:22.330 --> 01:13:24.670
What's up, y'all? The next is update.
972
01:13:27.050 --> 01:13:30.190
Folks don't know nothing about Bitcoin and energy.
973
01:13:33.965 --> 01:13:35.745
I'll mix this one. Two.
974
01:13:36.365 --> 01:13:37.185
I love it.
975
01:13:37.965 --> 01:13:38.785
They do.
976
01:13:39.165 --> 01:13:41.185
I should I should've kept playing it. What's up?
977
01:13:42.285 --> 01:13:43.665
I wonder why it was so long.
978
01:13:57.050 --> 01:13:57.550
Yeah.
979
01:13:58.170 --> 01:13:59.630
Bitcoin and electricity,
980
01:14:00.170 --> 01:14:00.910
they're soulmates.
981
01:14:02.605 --> 01:14:05.825
Reading from Baseload Substack. That's, Bitcoin Baseload,
982
01:14:06.525 --> 01:14:12.365
b a s s l o a d. Don't forget how to spell baseload.substack.com.
983
01:14:12.365 --> 01:14:15.745
It starts out with a quote from Thomas Edison. Our greatest weakness
984
01:14:16.060 --> 01:14:23.520
lies in giving up. The most certain way to succeed is always to try just one more time by Thomas Edison.
985
01:14:23.900 --> 01:14:26.159
And what Thomas Edison means by that is
986
01:14:26.620 --> 01:14:32.645
steal everyone's invention that works for you. That's what he means by just one more invention to steal.
987
01:14:36.645 --> 01:14:40.105
Baselow goes on. An extremely hot topic is the term reliability.
988
01:14:40.804 --> 01:14:44.185
Yeah. That's very important in electricity. You gotta provide them electrons.
989
01:14:44.610 --> 01:14:45.510
You gotta provide
990
01:14:45.889 --> 01:14:47.350
reliability and affordability.
991
01:14:47.969 --> 01:14:59.909
Reliability is defined by the Federal Energy Regulatory Commission as the provision of an adequate, secure, and stable flow of electricity as consumers may need it. Grid reliability is based on two key elements, reliable operation,
992
01:15:00.449 --> 01:15:04.605
the ability to withstand sudden electric systems to services that can lead to blackouts,
993
01:15:05.065 --> 01:15:10.285
and resource adequacy, the ability of the electric system to meet the energy needs of electric consumers,
994
01:15:10.745 --> 01:15:14.925
having sufficient generation to meet projected electric demand.
995
01:15:15.510 --> 01:15:27.289
He says a friend of of his sent him an article titled America's electric grid is at risk, and we need coal to save it. Yeah. I can get behind that one. It goes on to say, NERC, that's the North American
996
01:15:27.590 --> 01:15:31.405
Electric Reliability Corporation, believes that the grid is unreliable,
997
01:15:32.264 --> 01:15:34.445
and we are in a dangerous situation.
998
01:15:34.824 --> 01:15:43.565
The retirement of consistent electric generation is just terrible. We see time and time again when grids hit the fan and when volatile periods happen.
999
01:15:43.890 --> 01:15:48.630
Coal and natural gas come to the rescue because physics say when you burn something,
1000
01:15:49.010 --> 01:15:51.110
that energy exchange actually happens.
1001
01:15:51.650 --> 01:15:55.989
Imagine that. Burn wood, get heat. Burn coal, get BTUs.
1002
01:15:56.704 --> 01:15:58.164
Amazing. It is amazing.
1003
01:15:58.465 --> 01:15:59.284
What a concept.
1004
01:15:59.585 --> 01:16:01.125
It turns out. Unfortunately,
1005
01:16:01.744 --> 01:16:05.125
you cannot fully control what happens with renewables.
1006
01:16:05.744 --> 01:16:09.990
As we always say, the don't know when the wind's gonna blow or the sun's gonna shine.
1007
01:16:10.550 --> 01:16:13.770
Base says we all want stuff to work.
1008
01:16:14.070 --> 01:16:19.770
He believes that all types of energy have a place in the game. Whether one works better than the other, the humans
1009
01:16:20.310 --> 01:16:27.735
will need to come to a consensus, or eventually things will break. Let's remember it was exactly four years ago to the day that winter storm Yuri
1010
01:16:28.195 --> 01:16:31.255
sent a shockwave through the energy industry financially and physically.
1011
01:16:31.715 --> 01:16:45.650
Another note here in his info. Yo. Recently, ERCOT released their updated capacity demand and reserves report. It says that interconnection queue in ERCOT has roughly 389,318
1012
01:16:45.650 --> 01:16:46.150
megawatts,
1013
01:16:47.010 --> 01:16:53.835
pretty much all wind, solar, and batteries. Now the interconnection queue means it is it is ready to be connected up to the larger grid.
1014
01:16:54.315 --> 01:17:04.415
And Base thinks that this situation will correct itself, not not by someone waving a magic wand. It will be smart folks that make the necessary changes to make the grid affordable and reliable.
1015
01:17:04.955 --> 01:17:07.515
And I have to imagine that 389,000
1016
01:17:07.515 --> 01:17:10.790
megawatts being connected up to the grid is going to make it,
1017
01:17:11.349 --> 01:17:18.969
a lot more energy available, but you just won't know when. That much renewables gets connected up. I think it opens up the door for a lot more
1018
01:17:19.510 --> 01:17:21.050
demand response type programs.
1019
01:17:21.845 --> 01:17:25.945
If you would like to hear more about energy from mister Baseload,
1020
01:17:26.325 --> 01:17:28.905
please come and see him at PubKey,
1021
01:17:29.445 --> 01:17:30.265
March tenth
1022
01:17:30.645 --> 01:17:32.265
of this year. It'll be like
1023
01:17:32.725 --> 01:17:35.945
a afternoon and evening type event,
1024
01:17:36.520 --> 01:17:38.780
all things energy from mister Baseload,
1025
01:17:39.239 --> 01:17:48.460
and, I will be there. Baseload nine will be up on stage rapping about energy. So if you'd like him to address something specifically, just let us know. What a panel.
1026
01:17:49.080 --> 01:17:50.860
Yeah. That'll that'll be something.
1027
01:17:51.205 --> 01:17:52.505
I would like to fly
1028
01:17:52.885 --> 01:17:59.145
just for that. Would you? Yeah. Well, someday when you're rich, when when Dorsey gives you a payout
1029
01:18:00.085 --> 01:18:05.145
Come on, Dorsey. Be able to do stuff like that. You can be on every podcast. You can fly places.
1030
01:18:05.659 --> 01:18:06.880
Yeah. Well, you know,
1031
01:18:07.260 --> 01:18:10.639
634,000,000.
1032
01:18:11.340 --> 01:18:14.320
Yeah. And not even one has come to us.
1033
01:18:14.940 --> 01:18:20.880
That's when you know someone doesn't care about Bitcoin. You look at that. You go, you haven't given it to ungovernable misfits.
1034
01:18:21.635 --> 01:18:22.295
You clearly don't care.
1035
01:18:23.475 --> 01:18:24.135
I agree.
1036
01:18:25.235 --> 01:18:28.855
No. Max, you don't have to wait for Jack Dorsey to give you money.
1037
01:18:29.235 --> 01:18:30.535
You can just get
1038
01:18:30.915 --> 01:18:32.935
sats from value for value,
1039
01:18:33.315 --> 01:18:34.614
time, talent, and treasure
1040
01:18:35.270 --> 01:18:37.450
from the people that support the show.
1041
01:18:49.110 --> 01:19:07.460
That's right. That's right. That's right, Jack Dorsey. Stop dropping boots right now. Send us a zap on a nostrils. Yeah. Nostrilus. Give us some nostril. Delicious. Give me that nice strudel. I'll take another serving, please.
1042
01:19:08.480 --> 01:19:12.340
He's definitely gonna be sending some. Hey, guys. Loved the show.
1043
01:19:12.720 --> 01:19:14.020
Hey, guys. It's me Satoshi.
1044
01:19:15.440 --> 01:19:16.420
Love the show.
1045
01:19:17.200 --> 01:19:19.300
Thanks for exposing my scams.
1046
01:19:22.775 --> 01:19:23.275
Hey.
1047
01:19:23.655 --> 01:19:29.915
Just send some sass. You like this show? You think we're funny? We make you laugh. We make you think.
1048
01:19:30.455 --> 01:19:50.470
Look down at your phone right now. Press that boost button whether you're listening on fountain or all the other ones that I can never remember. Give me some of the other ones. You're better at this stuff. Actually, my brain's gone. Jordan's gonna get so angry with this. Oh, he sure as fuck is. He's gonna be I did I had them on the tip of my tongue the other day because I was listing them off, and, honestly, my brain is so
1049
01:19:52.175 --> 01:19:58.195
Chad Farrow is gonna be really disappointed as well. Mhmm. Yeah. Chad Farrow is also gonna be disappointed. He's gonna be angry.
1050
01:19:58.895 --> 01:19:59.395
Fuck.
1051
01:20:00.094 --> 01:20:06.630
I can't even think of one. Something about our brains. Breeze. Breeze. Breeze. Okay. Okay. Is there something about a a radar or
1052
01:20:08.790 --> 01:20:14.010
something like that? Oh, we're gonna be in so much trouble. Should we Google it so we sound less comfy?
1053
01:20:14.310 --> 01:20:33.245
I don't know, but everybody's gonna know we Googled it. Yeah. I know. But We're we're country. It's even more country. No. It's not good at all. Because at least we're trying. Unless you unless you edit it out. To no. I'm not You could trick them. I could trick them, but we're not here to trick people. We're not. Let's have a look. Podcasting two point o apps. Let's just see what comes up.
1054
01:20:33.625 --> 01:20:34.125
Podbean?
1055
01:20:34.665 --> 01:20:39.060
Oh, yeah. Podverse. Podverse. I thought it won. Podverse. Yep. Yes.
1056
01:20:39.760 --> 01:20:41.860
Well done. Pod news.
1057
01:20:45.600 --> 01:20:47.380
I I can't see any others.
1058
01:20:47.760 --> 01:20:52.864
Fuck. It's gonna be mad. Top five podcast apps. I know that's just podcast. Oh.
1059
01:20:53.965 --> 01:21:08.790
Hey. You know what you should do? Is that when Jordan does the tweets for new episodes, it's like, listen now or listen here. What's that link that he sends out? That's got all the pictures of everything on it. That's true. Yeah. It does. Oh, he's gonna be so mad. He's gonna be so mad. Podcasting
1060
01:21:09.330 --> 01:21:15.510
to Orb. But he'll yell at us, but but still smiling. Here we are. Look at this. Okay. True fans,
1061
01:21:16.050 --> 01:21:16.550
Podverse,
1062
01:21:17.170 --> 01:21:18.310
podcast guru,
1063
01:21:18.655 --> 01:21:19.155
Fountain,
1064
01:21:19.695 --> 01:21:20.195
CurioCaster,
1065
01:21:21.535 --> 01:21:23.315
Steno.fm,
1066
01:21:23.455 --> 01:21:24.435
Pod LP,
1067
01:21:25.055 --> 01:21:25.555
PodFriend,
1068
01:21:26.095 --> 01:21:27.155
Podcast Addict,
1069
01:21:28.575 --> 01:21:29.075
Desktopia,
1070
01:21:30.255 --> 01:21:30.755
Vudio,
1071
01:21:31.215 --> 01:21:31.680
Digilore
1072
01:21:33.520 --> 01:21:35.620
Anytime Podcast Player, MetaMask,
1073
01:21:36.960 --> 01:21:37.460
Customatic,
1074
01:21:38.400 --> 01:22:03.630
Pine Pods, Pod Station, Antenna no. Hold on a minute. This is bullshit. I don't think Antenna Pod has it. I don't think Antenna Pod has the the two point o thing. Alright. You just stop while you're ahead. You named a lot of them. I named a lot. Sphinx chat, that definitely was one. Apple Podcasts, that's a lie. Obviously, a lie. They don't do it. Sure. Yeah. Apple Podcasts does do a lot of the the podcasting two point o features. You just can't boost. You just can't boost. Yeah.
1075
01:22:04.330 --> 01:22:18.595
Okay. Sorry, Chad Farrow. Very well. I'm really sorry. Anyway, you could support us that way. Mhmm. Podcasting two point o. Value for value. Or donate time, talent, and treasure if you'd like to, write an article for the newly revamped Ungovernable Misfits website.
1076
01:22:18.975 --> 01:22:20.515
Happy to have you aboard.
1077
01:22:20.895 --> 01:22:27.929
Join us with you. If you'd like to, make art for us, for our chapters, we'd be happy to take that. Or just,
1078
01:22:28.389 --> 01:22:42.385
you know, post up on the Noster's that you love ungovernable misfits. Or just tell someone. Just find someone that you really like, and you say, I think you'd really like this show. It's one of my favorite shows. I'm gonna share a link with you. Share it. That's helpful.
1079
01:22:42.685 --> 01:22:43.665
Thank you, everybody.
1080
01:22:44.445 --> 01:22:46.545
One of our, longest time contributors
1081
01:22:47.085 --> 01:22:49.085
to Ungovernable Misfits, our,
1082
01:22:50.045 --> 01:22:51.905
fellow traveler on the intellectual
1083
01:22:52.205 --> 01:22:55.805
Silk Road, the Bitcoin Bugle. This is an article by,
1084
01:22:56.285 --> 01:22:57.265
Richard Grieser.
1085
01:22:57.780 --> 01:23:06.820
Says Donald Trump announced Tuesday morning that once Canada's surrender to The United States is finalized, and it probably won't be long. We talked to Jordan about that while he was,
1086
01:23:07.540 --> 01:23:23.615
at the fishing trip. I think he's glad to be joining The United States. He would be appointing YouTuber Whistlin Diesel, Cody Dettweiler, as a regional governor until government elections could be reorganized in order to ensure the likes of Justin Trudeau would never get into power again.
1087
01:23:24.060 --> 01:23:26.480
Canada will be so based so based.
1088
01:23:27.260 --> 01:23:30.000
I know so many Canadians who are based, but, unfortunately,
1089
01:23:30.860 --> 01:23:32.079
they have had bad leadership,
1090
01:23:32.380 --> 01:23:34.320
really bad leaders. It was so bad.
1091
01:23:34.860 --> 01:23:39.119
It was like things would have been if Crooked Hillary had won in 2016.
1092
01:23:39.925 --> 01:23:42.585
I couldn't have got that bad here if Kamala
1093
01:23:43.845 --> 01:23:45.065
Kamala had won.
1094
01:23:45.525 --> 01:23:47.385
But if we won, we won big.
1095
01:23:47.925 --> 01:23:50.105
Now we are gonna win big in Canada.
1096
01:23:50.565 --> 01:23:51.705
The president rambled.
1097
01:23:52.340 --> 01:23:57.079
Experts have questioned the president's cognitive awareness due to the absence of his chief henchman's
1098
01:23:57.380 --> 01:23:59.000
intelligence gathering platform.
1099
01:23:59.460 --> 01:24:05.960
His absence has been causing general confusion amongst American citizens and government officials who are struggling to discern reality
1100
01:24:06.305 --> 01:24:11.285
in immediate environment that is reeling from losing their incomes to the pausing of USAID.
1101
01:24:12.225 --> 01:24:16.085
Some claim that Trump is playing a game of four d chess unlike ever before.
1102
01:24:16.865 --> 01:24:24.030
His announcement of negotiations with Canada for their formal surrender as well as his commitment towards making Whistlin' Diesel the governor
1103
01:24:24.410 --> 01:24:56.060
appear to be a move to crush the morale of The US political class currently bewailing constitutional overreach and arguing for citizen data privacy. With contentious confirmations of RFK Junior and Tulsi Gabbard, Trump seems to be pushing the envelope significantly further with his appointment of Whistlin' Diesel. When the bugle reached out for Whistlin' Diesel's comment, his team responded by stating that taxes will be slashed, gun laws will be eliminated, there will be tax credits for driving monster trucks or kill dozers. Oh. You'll be able to splash people on jet skis without getting arrested,
1104
01:24:56.440 --> 01:24:59.820
and he'll be redirecting government funds from the Eskimos
1105
01:25:00.280 --> 01:25:01.340
to buying the citizens
1106
01:25:02.025 --> 01:25:07.565
Canada Alcolo. Alcolo is Whistlin' Diesel's brand of alcoholic drink that he sells and promotes.
1107
01:25:07.945 --> 01:25:13.005
Donald Trump is currently eviscerating the Democrat party, HR departments, and, unlike the bureaucracy,
1108
01:25:13.545 --> 01:25:27.210
Whistlin' Diesel's appointment appears to be to many as only rubbing salt in their wounds. All parties across two sides of the political aisle likely agree that they cannot wait to see Elizabeth Warren go full Karen over there.
1109
01:25:29.255 --> 01:25:34.155
Have you watched the Whistling Diesels videos? I have not. They're pretty good. For some reason,
1110
01:25:34.534 --> 01:25:36.074
everybody at at the
1111
01:25:36.375 --> 01:25:38.715
the party house on the fishing trip was watching
1112
01:25:39.094 --> 01:25:43.114
the Whistling Diesel video where he beats the shit out of a Tesla Cybertruck
1113
01:25:43.950 --> 01:25:45.890
and a Ford f two fifty.
1114
01:25:46.270 --> 01:25:49.330
Okay. And just, like, absolutely rips this Cybertruck
1115
01:25:49.630 --> 01:25:53.150
apart. It's ridiculous. Blows it up, slams the doors
1116
01:25:53.550 --> 01:25:59.090
Mhmm. You know, rips the batteries out of the thing, almost breaks his finger on the automatic closing door.
1117
01:25:59.445 --> 01:26:05.385
He's wild. He's a wild man. Has it made you want to cancel your order? My order for a Cybertruck?
1118
01:26:06.005 --> 01:26:06.505
Yeah.
1119
01:26:06.965 --> 01:26:08.344
The fuck out of here.
1120
01:26:08.645 --> 01:26:10.105
Sticking with my two fifty.
1121
01:26:10.965 --> 01:26:13.385
Up next on On the Gomorrah Misfits action news,
1122
01:26:13.730 --> 01:26:15.830
we've got our friend Altair stopping by.
1123
01:26:32.865 --> 01:26:34.085
Not bitch emmy.
1124
01:26:37.345 --> 01:26:38.885
It's pronounced bit chimney.
1125
01:26:41.060 --> 01:26:42.040
You can get yourself
1126
01:26:42.580 --> 01:26:50.420
a bit chimney or a bitch imni, whatever you like, at alter tech dot I o. The bit chimney is a 20 to 240
1127
01:26:50.420 --> 01:26:54.315
volt plug and play, low noise. They go like this.
1128
01:26:55.895 --> 01:26:58.635
Can can you hear that? Max, can you hear me?
1129
01:26:59.895 --> 01:27:13.430
Barely. Barely. It sounds quite nice. It is. It is. It's like one of those noise machines that you put on when you go to bed. I have one of those. I do too. I have the crashing of waves is what I quite like. I got a whole fucking house full of them.
1130
01:27:13.890 --> 01:27:16.470
What do you go for? Do you go for, like, the wind?
1131
01:27:19.010 --> 01:27:21.875
Oh, okay. You go for s nineteens.
1132
01:27:22.415 --> 01:27:35.075
You betcha, pal. Yeah. I'm not such a fan of that. It's really like the crashing of the waves that I particularly like. It's just nice. It's just and what I do is I, like, get into bed in the night, imagine myself lying by the water
1133
01:27:35.440 --> 01:27:37.539
going to sleep and just, like, imagine
1134
01:27:38.239 --> 01:27:42.020
I'm there and the waves are just lapping by my feet. And I'm just
1135
01:27:46.960 --> 01:27:48.020
it's very nice.
1136
01:27:48.480 --> 01:28:00.785
Yeah. Well, I prefer fans. Only fans. You know, in in this house, you don't hear the Asic fan whine. That's all silenced. It's more of these, eight inch duct fans that you hear. So they have kinda like a
1137
01:28:01.325 --> 01:28:02.545
they're like a little lower.
1138
01:28:02.990 --> 01:28:13.970
Nice. It's it's a nice in the house and the voice and heartbeat of the home. If you would like a heartbeat in your home, I think the, BitChimmy is a good place to start. They've got two different versions.
1139
01:28:14.430 --> 01:28:17.070
The, Kaypro version, 750
1140
01:28:17.070 --> 01:28:27.494
watts, thirty one thirty one terahash, 24 joules per terahash, or high power mode, 38 terahash, 25 joules per terahash. An s 21 version that gets 18 joules per terahash,
1141
01:28:27.875 --> 01:28:28.755
750
1142
01:28:28.755 --> 01:28:32.215
watts gives you 42 terahash, and a thousand watts gives you 55 terahash.
1143
01:28:32.700 --> 01:28:33.200
Recently,
1144
01:28:34.060 --> 01:28:36.880
Avril has been playing around with different configurations
1145
01:28:37.420 --> 01:28:39.280
from the s 21 XP
1146
01:28:39.739 --> 01:28:41.900
and the s 21
1147
01:28:41.900 --> 01:28:42.400
plus
1148
01:28:42.860 --> 01:28:45.280
with one board builds, two board builds.
1149
01:28:45.685 --> 01:28:51.925
He managed to get a build out the other day, and this is this is why we love altertech.io.
1150
01:28:51.925 --> 01:29:06.659
This is why we love having Avril as a sponsor because he's fucking around with Pleb Miner stuff all the time. Mhmm. Nobody has taken the Loki rig build, the the two forty to one twenty conversion. We had Zach Baumstah on from Pivotal Plebtech a long, long time ago.
1151
01:29:06.960 --> 01:29:19.975
Avril has really taken off with that kind of stuff and new configurations, testing. He managed to get a s 21 XP board. It may have been two boards, but he he got one of these bit chimney builds to hash at a hundred terahash
1152
01:29:20.355 --> 01:29:21.895
at 1,300 watts.
1153
01:29:22.730 --> 01:29:26.429
That's 13 joules per terahash for one of his bit chimney builds.
1154
01:29:26.730 --> 01:29:29.310
Now this machine would be extremely expensive,
1155
01:29:29.850 --> 01:29:30.590
but someday,
1156
01:29:30.890 --> 01:29:34.330
when these start to become used machines, you'll be able to,
1157
01:29:35.050 --> 01:29:36.989
repurpose them for bit chimneys.
1158
01:29:37.315 --> 01:29:38.614
Does he just love
1159
01:29:38.994 --> 01:29:44.375
building this stuff? Like, it seems as though you've got to, haven't you, to, like, run a business
1160
01:29:44.755 --> 01:29:56.550
and do everything else, and then with whatever spare time you have, go, I'm gonna build some cool shit. You've got to you've gotta be enjoying it to then sit down on the little time you have and
1161
01:29:56.930 --> 01:29:57.430
create.
1162
01:29:58.210 --> 01:30:25.179
Mhmm. He doesn't rest on his laurels. You know? There's lots of people you can buy a miner from, you can buy parts from. I mean, I think that's really how he started the business was just parts. Mhmm. Hey. I can't find somebody honest to sell me individual parts. And then imagine that could be pretty boring, and you want to you want to do something creative. It's like I'm a I'm a creative person. I mean, Avril's got a PhD in chemistry or something like that. So, obviously, he's he likes experimentation
1163
01:30:25.639 --> 01:30:27.500
and science and and doing things.
1164
01:30:28.119 --> 01:30:28.619
Should've,
1165
01:30:29.000 --> 01:30:41.295
worked on selling meth instead. I hear that's quite profitable. Fuck. I Wonder if he knows that. We should tell him. Yeah. If you're listening, mate, there's this thing there's a show called Breaking Bad. If you watch that, it will give you the sort of rundown
1166
01:30:41.994 --> 01:30:44.094
of the idea that we're talking about.
1167
01:30:44.474 --> 01:30:52.949
You've got the skills to do it. You've already got the distribution network set up. You've already got employees that definitely would be down for that sort of stuff. And,
1168
01:30:54.770 --> 01:30:55.270
all
1169
01:30:57.170 --> 01:30:59.910
all me and John Man. Is a very small
1170
01:31:00.370 --> 01:31:02.245
cut. We call it 5%.
1171
01:31:02.385 --> 01:31:11.825
Just something like that and just for putting the idea out there and some guidance where needed. But it sounds like you got the skills, and I think there's a missed opportunity. No. Altertech.io
1172
01:31:11.825 --> 01:31:18.260
definitely has the website that would be able to track his meth sales and, give us a a little bump, if you will,
1173
01:31:18.800 --> 01:31:21.940
for referring people over if they use promo code
1174
01:31:22.240 --> 01:31:22.740
meth.
1175
01:31:25.840 --> 01:31:28.180
That's right. Promo code meth,
1176
01:31:28.605 --> 01:31:33.265
m e t h. For 5% off of your meth order.
1177
01:31:36.045 --> 01:31:42.545
Or if you still want mining gear, which is still their main business at this point at least. Yes. It's promo code
1178
01:31:43.005 --> 01:31:43.505
ungovernable.
1179
01:31:44.180 --> 01:31:53.000
That's only 1% off. Yeah. That's 1% off. You get 5% off meth, one percent off minors. Don't try to use promo code meth if you're just ordering
1180
01:31:53.300 --> 01:31:58.520
here. Yeah. No. No. No. Don't do that. You know, Avril has several patents
1181
01:31:58.900 --> 01:31:59.400
for
1182
01:31:59.905 --> 01:32:03.125
chemistry type stuff, maybe. I don't know. Four. No. So
1183
01:32:04.625 --> 01:32:12.085
it it just he he's used to creating unique things. He's gotta put his spin on it. We also have an update from Altair.
1184
01:32:12.410 --> 01:32:18.670
We get the the scoop on the Bitcoin mining scene from him because he sees things in a way that nobody else does.
1185
01:32:19.370 --> 01:32:23.230
He says the new Chinese tariffs are closing the de minimis loophole
1186
01:32:23.690 --> 01:32:28.270
and stacking an extra 10% on top of the already steep 27%.
1187
01:32:28.385 --> 01:32:57.830
That's a heavy hit for US Miners, big and small. While larger operations can sometimes sidestep these through limited manufacturing capacity in Malaysia and Thailand, most retail buyers are stuck with Chinese made miners and the full brunt of the tariffs. The de minimis loophole, if anybody doesn't know, refers to a US trade rule that allows low value inputs under $800 per shipment to enter the country duty free with minimal customs scrutiny. This rule was originally intended to ease the burdens on customs authority and encourage
1188
01:32:58.155 --> 01:32:58.895
small email
1189
01:32:59.755 --> 01:33:00.415
e email.
1190
01:33:01.115 --> 01:33:02.255
Ecommerce purchases.
1191
01:33:02.715 --> 01:33:06.335
I guess that would be all of your you wouldn't want to order from Timoo
1192
01:33:06.795 --> 01:33:07.935
a pack of pencils
1193
01:33:08.555 --> 01:33:18.650
and get charged with duty. However, Chinese manufacturers and exporters have exploited this loophole by breaking up large shipments into smaller ones, each valued under $800.
1194
01:33:18.650 --> 01:33:32.765
Yeah. Sure. Do what you gotta do to avoid tariffs and import duties. This has allowed Chinese goods, including ASIC miners and other hardware, to enter The US at a much lower cost than if they were imported in bulk under standard tariff regulations.
1195
01:33:33.785 --> 01:33:37.085
With the new Chinese tariffs closing this loophole, all shipments,
1196
01:33:37.470 --> 01:33:43.470
regardless of size, will now face an additional 10 tariff on top of the existing 27%
1197
01:33:43.470 --> 01:33:44.850
import duty for miners.
1198
01:33:45.230 --> 01:33:48.930
This is a major hit for US Miners who rely on Chinese made equipment,
1199
01:33:49.310 --> 01:33:52.690
and they will now have to pay significantly more for new hardware.
1200
01:33:53.425 --> 01:34:05.125
For now, there's a one month tariff suspension running until March 8. If you're looking to buy, this might be the window before uncertainty takes over.
1201
01:34:05.430 --> 01:34:05.930
That's
1202
01:34:06.550 --> 01:34:11.590
info you can only get from Ungovernable Misfits alter tech.i0
1203
01:34:11.590 --> 01:34:12.090
update.
1204
01:34:13.190 --> 01:34:16.969
You like that? I really like that. He also says, on the hardware front,
1205
01:34:17.365 --> 01:34:30.185
we're working on several different 100 terahash home miner configurations, which we spoke about before. Both single and dual board builds, nothing finalized yet, but the goal is to strike the right balance between hash power efficiency and price.
1206
01:34:30.810 --> 01:34:33.849
Who else is doing that besides alter tech.i0
1207
01:34:33.849 --> 01:34:34.829
promo code ungovernable?
1208
01:34:35.449 --> 01:34:44.750
He also says the b m thirteen seventy chip, when underclock, runs at about 13 joules per terash efficiency, pulling 1,300 watts for 100 terahashes.
1209
01:34:45.514 --> 01:34:51.855
That's well within the limits of a standard 15 amp circuit and works with most power supplies like the APW
1210
01:34:52.235 --> 01:34:54.655
three plus plus and the APW seven.
1211
01:34:55.114 --> 01:34:57.534
If those that listen to the show religiously
1212
01:34:58.074 --> 01:35:03.330
remember a while back, I had mentioned about these circuits that you plug the 120
1213
01:35:03.330 --> 01:35:17.074
volt units into. Just be sure it's not some kind of light circuit where it's, you know, 15 gauge wire, it's something thicker, 12 gauge wire. Be sure you got the right breaker in your panel for that particular circuit that you're plugging into. Altertech.io
1214
01:35:17.074 --> 01:35:25.795
also says, meanwhile, Bitmain is flooding the market with the s 21 plus. Looks like a play to lock in market share in the 3,000 to $5,000
1215
01:35:25.795 --> 01:35:33.250
range. Previously, they had the s 19 k under 2,000 and the s 21 pro and s 21 XP above 5,000.
1216
01:35:33.790 --> 01:35:51.054
The gap between those two generations of machines is now narrowing. He also says I expect the s 21 plus prices to settle in in the 3,500 to $4,000 range by next week as China fully ramps up production and logistics post New Year. Alright? That's interesting, Tim.
1217
01:35:51.755 --> 01:35:55.935
For those looking to upgrade, the latest gen Antminer brings bigger fans,
1218
01:35:56.315 --> 01:36:00.014
sub 18 joules per terra hash efficiency, and solid performance.
1219
01:36:00.550 --> 01:36:01.370
It's definitely
1220
01:36:01.750 --> 01:36:04.570
one to keep an eye on. Do you think then
1221
01:36:05.030 --> 01:36:06.330
with all this, like,
1222
01:36:06.630 --> 01:36:09.050
import duties and bits and pieces
1223
01:36:09.430 --> 01:36:13.210
that the used machines that already sit in America
1224
01:36:13.965 --> 01:36:17.425
could potentially be slightly more valuable. Yeah. Yeah. It's
1225
01:36:17.885 --> 01:36:19.105
it's certainly possible.
1226
01:36:19.405 --> 01:36:20.785
Okay. I hope so.
1227
01:36:21.485 --> 01:36:22.225
Me too.
1228
01:36:23.565 --> 01:36:25.185
Yeah. Sitting in my garage,
1229
01:36:26.120 --> 01:36:42.905
taking up space. Yep. Up next on on government action news, we had a guy named Joe Lively from Abundant Mind. He's in our our Telegram group. And somebody was asking about his hosting rates. He had posted, Abundant Minds had posted something about their hosting rates, and it seemed like a lot. You know? So,
1230
01:36:43.764 --> 01:36:49.545
somebody in the group said, hey, Abundant Minds. This is really your hosting rate? And he's like, yes. That's but that's kind of a misrepresentation.
1231
01:36:50.005 --> 01:37:17.645
That's not our hosting rate. If you get machines through us, that's our hosting rate. If you bring your machines in, and the reason that we have that higher hosting rate is because a lot of times people will bring in used machines, and they're, like, full of fucking bugs and half broken and shit. Mhmm. And I'm not gonna be responsible for your machine, this janky ass machine that you dropped off, and then it breaks. That's like then that's labor that we have to go out and and exchange it and so on and so forth. So he he was glad to have an opportunity to clear that up. And then he goes on and and,
1232
01:37:17.945 --> 01:37:23.565
you know, he's he says in there, like, hey. Thanks to few of the guys in the group, Aaron, Baselow,
1233
01:37:24.105 --> 01:37:29.050
Viral, you know, a couple guys that that have helped him out along the way. And then he gave a really motivating
1234
01:37:29.670 --> 01:37:47.785
bunch of text after that that I thought was great. And I said, can I share this with with our listeners? Because and I know, really, this is about a lot of people. Their goal is to build a mine. Mhmm. It's not easy, and it's hard. And a lot of people are are building businesses in other ways, and I think this is good advice. I mean, whether you're trying to build a
1235
01:37:48.325 --> 01:37:49.705
podcast and entertainment
1236
01:37:50.005 --> 01:37:53.625
network like Ungovernable Misfits or you're trying to build a
1237
01:37:54.150 --> 01:38:01.610
off grid natural gas mine, you need some encouragement sometimes. And Joe Lively gave everybody some really great encouragement here.
1238
01:38:01.990 --> 01:38:02.730
He says,
1239
01:38:03.190 --> 01:38:11.085
that's why I really love this industry. There are not a lot of times in our lives where new sectors are being born in real time. Back in 1995
1240
01:38:11.085 --> 01:38:17.105
to February time frame, with some dedication and perseverance, you could really become an industry leader in a short time.
1241
01:38:17.485 --> 01:38:17.985
Heck,
1242
01:38:18.364 --> 01:38:28.330
Michael Dell was 19 when he formed his company. Even back as far as nineteen o three when Henry Ford started his company, it only took him five years until he was using assembly lines,
1243
01:38:28.790 --> 01:38:32.570
and he, because the only name in mass production of automobiles.
1244
01:38:33.110 --> 01:38:40.114
We are there right now. The space is wide open. Bitcoin tailwinds have never been stronger, and we are surrounded by a community of awesome
1245
01:38:40.494 --> 01:38:47.635
psychopaths who have an opportunity to change the world. Don't let the fiat job stand in your way to doing what you love. Ask for advice.
1246
01:38:48.094 --> 01:38:49.474
Do uncomfortable stuff.
1247
01:38:49.935 --> 01:39:04.320
Move fast. Break things. Oh, no problem there. I'm loving the progress in the mining heating space. Abundant Mines is looking at a project right now that would put us in the forefront of that use case. Heat reuse is often overlooked because it can't be easily transported.
1248
01:39:04.780 --> 01:39:17.035
But using it direct on-site for growing vegetables for local communities isn't something that most mines ever pencil into their business plan. Well, they do if they listen to ungovernable misfits, sir. He says, when I was trying to host my ASICs in 2021,
1249
01:39:17.035 --> 01:39:21.929
the best feature I could hope for was they didn't steal my shit. And sure enough, they
1250
01:39:22.389 --> 01:39:27.449
did. My miners from back then are probably to this day still making some Russian oligarchs sats.
1251
01:39:27.750 --> 01:39:29.849
The bar has been low for far too long.
1252
01:39:30.309 --> 01:39:34.409
As the industry matures, it is up to us to raise the bar and our expectations
1253
01:39:35.035 --> 01:39:36.575
and get more plebs mining.
1254
01:39:37.115 --> 01:39:41.775
If you love this stuff and you wanna do more, just don't stop. Build, teach,
1255
01:39:42.075 --> 01:39:43.135
learn, and share.
1256
01:39:43.435 --> 01:39:47.935
The next opportunity of this magnitude might not come again in our lifetime.
1257
01:39:48.660 --> 01:39:53.160
And that's from Joe Lively of Love that. Minds. Yeah. That's nice.
1258
01:39:53.540 --> 01:39:54.280
It's inspiring.
1259
01:39:54.740 --> 01:39:59.480
Well, get up there and do it, Max. Build ungovernable misfits. Make us money.
1260
01:40:00.020 --> 01:40:01.240
Oh, I'm trying.
1261
01:40:02.645 --> 01:40:06.985
It's only been fucking eight years. I know you are, buddy. I know.
1262
01:40:09.045 --> 01:40:14.745
We have got some cool stuff in the pipelines. We just got, a little bit sidetracked
1263
01:40:15.080 --> 01:40:29.820
with all the clothing problems and few other Yeah. Problems in Fiat land, but we got some cool stuff coming. Soon. We'll we'll get the clothing back soon. We we promise. And some more different stuff as well. This is gonna be, like, one or two steps backwards
1264
01:40:30.125 --> 01:40:33.745
and then four or five steps forward is what it's gonna be.
1265
01:40:34.205 --> 01:40:36.705
Two step forward. I take one step back.
1266
01:40:37.324 --> 01:40:43.585
We come together because opposites attract and you know it ain't fiction, just a natural fact.
1267
01:40:44.285 --> 01:40:45.745
We come together because
1268
01:40:46.120 --> 01:40:48.700
was since attract Hey. ASMR. ASMR.
1269
01:40:49.560 --> 01:40:51.820
ASMR. ASMR. What are you eating?
1270
01:40:52.200 --> 01:40:55.739
A little sandwich or something. Those are sticker packs. Oh.
1271
01:40:56.760 --> 01:40:57.739
ASMR. ASMR.
1272
01:40:59.665 --> 01:41:00.965
I've got some lovely
1273
01:41:01.344 --> 01:41:03.525
stickers here from Ungovernable Misfits.
1274
01:41:04.065 --> 01:41:04.885
New designs
1275
01:41:05.425 --> 01:41:18.970
from Mhmm. MR Crowns. If you've seen some of his cartoon designs where it's like, you know, the hash rate highway miner and the, you know, the dollar stepping on the bear trap thing. We've got a bunch of stickers like that.
1276
01:41:19.750 --> 01:41:25.850
Some of Crown's new designs, they're like industrial warning stickers. One says, warning,
1277
01:41:26.215 --> 01:41:28.635
a free mind can't be governed.
1278
01:41:29.735 --> 01:41:39.435
Oh, you like that? You get another one that says, batch number one, stop waiting for politicians to fix your life. They won't build, grow, learn, connect.
1279
01:41:39.760 --> 01:41:41.300
Freedom is something you create,
1280
01:41:41.680 --> 01:41:46.900
not something you vote for. Oh. Oh, crap. Another one that says, caution.
1281
01:41:47.280 --> 01:41:48.740
Taxation is theft.
1282
01:41:49.200 --> 01:41:50.020
That's facts.
1283
01:41:50.320 --> 01:41:58.594
Totes facts. That is a true fact. So we will be doing, sticker packs Mhmm. That you can order from Ungovernable Misfits.
1284
01:41:58.975 --> 01:42:01.315
We'll get them out. We will. Ship them out to you.
1285
01:42:02.094 --> 01:42:03.715
You got nothing to say about that?
1286
01:42:04.335 --> 01:42:05.715
Well, I was thinking about
1287
01:42:06.175 --> 01:42:06.675
saying
1288
01:42:06.975 --> 01:42:21.690
some stuff, and then I was like, I don't really wanna say this stuff because, you know, I don't wanna, like, announce that something's gonna happen, and then it doesn't actually end up happening or it takes longer because I kind of did that recently with something, and now I'm like, for fuck's sake.
1289
01:42:22.045 --> 01:42:33.824
We don't wanna be those guys, so I'm not gonna say anything. But just I'm just telling you cool stuff is coming. Well, the stickers are here. I'm I ASMR'd them. Okay? Yeah. So Yep. They're there, and they'll soon be up for sale.
1290
01:42:34.204 --> 01:42:44.540
Check them out. Alright. Before I do this last piece, I have to get a drink of water because this is all it's a long Okay. Well, I have to go and do a wee, so Oh. That's fine.
1291
01:42:45.240 --> 01:42:45.900
Ta ta.
1292
01:42:52.395 --> 01:42:54.575
People love it. The fans love it.
1293
01:42:56.315 --> 01:42:57.615
Love your throat clearing.
1294
01:43:01.170 --> 01:43:01.910
Even though
1295
01:43:02.530 --> 01:43:06.070
at Uncomfortable Misfits, we have the finest clothing
1296
01:43:06.610 --> 01:43:07.110
in
1297
01:43:07.890 --> 01:43:08.550
the world.
1298
01:43:09.250 --> 01:43:12.470
Mhmm. The finest t shirts, the finest hoodies
1299
01:43:12.930 --> 01:43:15.750
that you cannot find anywhere else because they are proprietary.
1300
01:43:16.625 --> 01:43:17.685
But, unfortunately,
1301
01:43:18.305 --> 01:43:21.605
our clothing store has been paused for a short period of time,
1302
01:43:22.065 --> 01:43:24.325
and I have a an addiction to ordering
1303
01:43:24.865 --> 01:43:27.425
plebby type clothing. So I ordered myself a,
1304
01:43:28.145 --> 01:43:28.645
forty
1305
01:43:28.945 --> 01:43:30.165
hours per week
1306
01:43:30.660 --> 01:43:32.199
hoodie from PodConf.
1307
01:43:32.660 --> 01:43:36.600
Nice. Because that's what I have on now. I've got a, a PodConf
1308
01:43:37.060 --> 01:43:37.560
patch
1309
01:43:37.940 --> 01:43:39.000
sewn into,
1310
01:43:39.699 --> 01:43:40.440
the arm,
1311
01:43:41.219 --> 01:43:41.960
the PodConf
1312
01:43:42.500 --> 01:43:43.320
red circle
1313
01:43:44.415 --> 01:43:52.515
with the PodConf logo logo. That's a registered trademark. The US government will keep you compliant for not stealing the PodConf logo.
1314
01:43:52.895 --> 01:43:54.995
It is white on the front. I've got the
1315
01:43:55.770 --> 01:43:56.909
40 HPW,
1316
01:43:57.210 --> 01:44:00.829
forty hours per week of podcast listening that I that I don't have to do
1317
01:44:01.289 --> 01:44:04.110
because I am a credentialed podcaster myself.
1318
01:44:04.730 --> 01:44:06.349
Mhmm. That's true. So recording
1319
01:44:06.969 --> 01:44:13.565
two hours of podcast is equivalent to, like, forty hours of listening. Is that the exchange rate? Yeah.
1320
01:44:13.865 --> 01:44:14.845
Okay. My understanding.
1321
01:44:15.865 --> 01:44:30.760
Sounds about right. At the back of this hoodie, there's a the big, forty hours per week logo with the headphones. It's very fetching. Check them out. We've just done our forty hours, like, now. Nailed it. Mhmm. Well, let's finish up here.
1322
01:44:31.060 --> 01:44:36.920
Well, we shit on Dorsey. Yep. Don't like him. I don't like his type. I don't like progressives.
1323
01:44:37.695 --> 01:44:38.575
I don't like,
1324
01:44:39.215 --> 01:44:42.355
rich Hollywood demonic child trafficking liberals.
1325
01:44:42.815 --> 01:44:44.835
I remember the fucking frogs, gay.
1326
01:44:45.775 --> 01:44:47.315
I don't. I don't like him.
1327
01:44:47.855 --> 01:44:49.635
Your your phony altruism,
1328
01:44:50.175 --> 01:44:52.575
you can go fuck yourself. Mhmm. I'm,
1329
01:44:55.636 --> 01:45:08.935
I'm more of an Ayn Rand fan, an objectivist type, where if I operate with my own interests in mind, that the world is, is better off. So I had to write an article about it. Can we hear it? Well, you wanna hear it? I would like nothing
1330
01:45:09.315 --> 01:45:11.415
more than to hear you read
1331
01:45:12.114 --> 01:45:12.614
Atlas
1332
01:45:13.155 --> 01:45:13.655
mined.
1333
01:45:14.195 --> 01:45:17.335
Yes. That's the kind of enthusiasm I was looking for.
1334
01:45:18.000 --> 01:45:22.579
Bitcoin mining is not a political movement, not a cause, not an act of charity,
1335
01:45:22.960 --> 01:45:24.179
not a bunch of cypherpunk
1336
01:45:24.960 --> 01:45:29.780
woah. Hold on a second. What's going on? Why do you think I want a software update right now? I don't.
1337
01:45:30.935 --> 01:45:31.995
If you don't mind,
1338
01:45:32.375 --> 01:45:34.235
we're trying to get on with the show.
1339
01:45:34.535 --> 01:45:37.035
It's good. Alright. Here we go.
1340
01:45:39.175 --> 01:45:48.900
Bitcoin mining is not a political movement, not a cause, not an act of charity, not a bunch of cyberpunk altruists securing the network without regard to financial self interest.
1341
01:45:49.360 --> 01:45:50.260
It is work.
1342
01:45:50.560 --> 01:45:53.540
It is proof of work, both literally and philosophically.
1343
01:45:54.320 --> 01:45:58.500
And in that, I think it's a perfect expression of Ayn Rand's objectivism.
1344
01:45:59.665 --> 01:46:00.885
Rational self interest,
1345
01:46:01.505 --> 01:46:02.725
voluntary exchange,
1346
01:46:03.185 --> 01:46:04.165
and an unapologetic
1347
01:46:04.864 --> 01:46:06.085
pursuit of profit.
1348
01:46:07.105 --> 01:46:10.324
Bitcoin's early adopters came from many different directions
1349
01:46:10.784 --> 01:46:12.565
drawn in for a variety of reasons.
1350
01:46:13.200 --> 01:46:20.660
Some were Ron Paul and the Fed sound money types who saw Bitcoin as hard money alternative to fiat, a tool for self sovereignty,
1351
01:46:21.120 --> 01:46:23.140
and a way to opt out of government control.
1352
01:46:23.680 --> 01:46:27.700
Others came from the cypherpunk movement focused on privacy, open source technology,
1353
01:46:28.495 --> 01:46:30.195
resistance to state surveillance.
1354
01:46:30.815 --> 01:46:38.355
There were also those from the Occupy Wall Street, mister Robot crowd who viewed Bitcoin as a weapon against corporate banks and financial elites.
1355
01:46:38.655 --> 01:46:42.755
Some progressive tech entrepreneurs saw it as an experiment in decentralization,
1356
01:46:43.530 --> 01:46:44.030
financial
1357
01:46:44.730 --> 01:46:58.670
inclusion, or even a means to disrupt capitalism itself. Each of these groups approached Bitcoin with their own vision, but over time, many tried to reshape it to fit their own ideological goals, whether through governance models, regulatory compliance, or social justice narratives.
1358
01:46:59.495 --> 01:47:09.115
Meanwhile, those who understood Bitcoin's true power as a free market system of incentives built on proof of work stayed focused on sovereignty, self reliance, and economic reality.
1359
01:47:09.575 --> 01:47:14.010
I like that. Economic reality. It's just a nice thing to say, isn't it?
1360
01:47:14.889 --> 01:47:26.025
It is. It seems obvious. Mhmm. Out of all of these groups, I think I associate most with the Ron Paul types. How about you, Max? When I was reading that off, where did you feel that you laid in there?
1361
01:47:26.585 --> 01:47:35.725
Initially, when I came in, I was really obsessed with cash. I didn't like the idea of the control. Mhmm. And I didn't like the idea of taxation
1362
01:47:36.505 --> 01:47:46.560
or government or anything like that. That's why I was introduced to it. Yeah. So it was definitely that. And I didn't really give too much thought about, like, the cypherpunky
1363
01:47:46.940 --> 01:47:55.840
privacy ethos Okay. Like, tech stuff. I was quite private in my life, but I wasn't, like, a techie guy. But as I've got more into the Bitcoin
1364
01:47:56.665 --> 01:47:58.685
scene, the Bitcoin mining scene,
1365
01:47:59.145 --> 01:48:06.525
I've sort of maybe shifted a bit more towards that. So I don't know. A bit of both. Mhmm. You know? And the Fed
1366
01:48:06.905 --> 01:48:09.090
sound money Mhmm. Revolution kind of thing.
1367
01:48:09.489 --> 01:48:12.469
Do you know what? I just think fuck the fed would be a much better
1368
01:48:13.170 --> 01:48:13.830
It is.
1369
01:48:14.610 --> 01:48:22.070
It's better, isn't it? Because it's it's the two f's, like, end the fed doesn't ring as well. Only if somebody put that on a sticker. I'm looking at, Crown's
1370
01:48:23.775 --> 01:48:26.915
sticker packs here. Has he? Oh, is he? He put on there?
1371
01:48:27.535 --> 01:48:28.275
The American
1372
01:48:28.655 --> 01:48:35.795
Debt Express. It says fuck the banks. I thought it said fuck the bank. Either way Okay. It's got the word fuck in it. So you reenoid.
1373
01:48:36.655 --> 01:48:37.155
ASMR.
1374
01:48:39.590 --> 01:48:44.010
I am one who sees Bitcoin as a self sovereignty alternative to fiat.
1375
01:48:44.710 --> 01:48:48.889
We all found our niche in space regardless of why we came to it in the first place.
1376
01:48:49.429 --> 01:48:52.570
My favorite niche is that of a community organizer.
1377
01:48:53.175 --> 01:48:57.355
Those that know me in the Pleb Miner and Masjidl group, I do a lot of community organizer.
1378
01:48:57.735 --> 01:48:58.795
A community organizer,
1379
01:48:59.095 --> 01:48:59.835
much different
1380
01:49:00.295 --> 01:49:00.795
than
1381
01:49:01.495 --> 01:49:05.115
one like my most hated political figure, mister Barry Sartoro.
1382
01:49:05.520 --> 01:49:09.300
But, alas, unless you have ties to political bundlers like Jeffrey Katzenberg,
1383
01:49:09.600 --> 01:49:11.460
Andy Spahn, Penny Pritzker,
1384
01:49:11.920 --> 01:49:12.820
George Soros,
1385
01:49:13.120 --> 01:49:19.060
and Oprah Winfrey, or pro government collusion and censorship progressive tech bro money like Jack Dorsey's
1386
01:49:19.440 --> 01:49:20.660
Start Small LLC,
1387
01:49:21.295 --> 01:49:28.115
Bitcoin and self sovereignty pleb community organizing can't buy you more than a coffee, maybe a bag of Otis Bittmeyer coffee.
1388
01:49:28.815 --> 01:49:32.015
And it sure as hell can't buy you a 6,400
1389
01:49:32.015 --> 01:49:34.035
square foot mansion in Hyde Park, Chicago.
1390
01:49:34.410 --> 01:49:36.590
But it does earn you a lot of good friends,
1391
01:49:37.210 --> 01:49:38.910
very wealthy and good friends
1392
01:49:39.530 --> 01:49:40.510
like you, Max.
1393
01:49:41.130 --> 01:49:41.870
Good friend.
1394
01:49:42.410 --> 01:49:50.685
Good friend. Not so wealthy, but good friend. No. Not at all. I mean, I do I do place a high value on social, cultural, and spiritual capital
1395
01:49:51.145 --> 01:49:52.685
just as much as I do financial
1396
01:49:53.145 --> 01:49:55.965
Mhmm. Which brings me to the next point of this article.
1397
01:49:56.265 --> 01:49:56.765
Accumulation
1398
01:49:57.145 --> 01:49:59.625
of financial capital via Bitcoin mining
1399
01:50:01.465 --> 01:50:01.965
sorry.
1400
01:50:03.739 --> 01:50:15.360
Accumulation of financial capital via Bitcoin mining as the primary, not the only motivation to participate in mining. I had to put not only because everybody's gonna go too far with this art.
1401
01:50:16.315 --> 01:50:21.935
You really think you're just like the the Chinese and bit bit mean and you're and you're.
1402
01:50:23.195 --> 01:50:26.095
Shut the fuck up. You get my fucking points.
1403
01:50:26.715 --> 01:50:27.215
Braced.
1404
01:50:27.940 --> 01:50:31.719
As much as I love the fact that I heat my home with Bitcoin mining
1405
01:50:32.020 --> 01:50:40.679
and that we at Ungovernable Misfits have a fantastic community of Bitcoin miners who have built and innovated so many great things in mining from off grid to solutions
1406
01:50:41.165 --> 01:50:44.625
to fantastic uses for waste heat like dehydrating foodstuffs
1407
01:50:45.085 --> 01:50:49.105
or even crazy Carl in his immersion lamb sous vide.
1408
01:50:49.565 --> 01:50:52.305
My main motivation in Bitcoin mining is
1409
01:50:54.765 --> 01:50:55.265
financial.
1410
01:50:56.040 --> 01:50:57.900
I don't mind to support the network.
1411
01:50:58.440 --> 01:50:59.579
Give me the money.
1412
01:50:59.960 --> 01:51:01.659
I don't mind to support the network
1413
01:51:01.960 --> 01:51:04.940
or out of duty nor to make the world a better place.
1414
01:51:05.400 --> 01:51:14.195
I mind because it is in my rational self interest to do so, but only if I achieve a financial gain. I'm mine to acquire
1415
01:51:14.575 --> 01:51:15.075
Bitcoin.
1416
01:51:15.935 --> 01:51:17.795
I'm mine to acquire the Bitcoins,
1417
01:51:19.055 --> 01:51:21.075
generate eventual profit.
1418
01:51:21.614 --> 01:51:26.909
Whether I find stranded and wasted sources of energy, my motivation is to turn it into hard money.
1419
01:51:27.610 --> 01:51:31.469
Whether I use excess or stranded natural gas, hydro, wind, solar,
1420
01:51:31.770 --> 01:51:34.030
capture industrial heat to mine efficiency
1421
01:51:34.409 --> 01:51:34.909
efficiently,
1422
01:51:35.449 --> 01:51:38.270
turning waste heat into wealth with a landfill mine,
1423
01:51:38.665 --> 01:51:40.445
I'm doing it to make
1424
01:51:40.824 --> 01:51:41.324
money.
1425
01:51:42.185 --> 01:51:46.045
My mining operations are designed to appease decentralized hash rate enthusiasts,
1426
01:51:47.145 --> 01:51:51.324
climate hysterics, or Twitter influencers. It's designed to acquire Bitcoin
1427
01:51:51.950 --> 01:51:54.610
at the lowest possible cost without KYC
1428
01:51:55.070 --> 01:51:58.850
and without asking permission from both bureaucratic or virtual
1429
01:52:00.270 --> 01:52:00.770
regulators.
1430
01:52:01.150 --> 01:52:01.650
Racist.
1431
01:52:05.310 --> 01:52:06.315
I'm okay with that.
1432
01:52:07.835 --> 01:52:20.175
This is the opposite of the Dorsey funded open source virtue signaling Bitcoin projects that pretend to care about decentralization while focusing the miner's incentive towards virtue rather than profit.
1433
01:52:20.550 --> 01:52:23.210
Their incentives push mining towards collectivist,
1434
01:52:23.670 --> 01:52:24.170
progressive,
1435
01:52:24.630 --> 01:52:25.130
horse
1436
01:52:25.430 --> 01:52:25.930
shit,
1437
01:52:26.310 --> 01:52:29.930
mining your nose off to spite your face for the sake of the cause.
1438
01:52:31.350 --> 01:52:33.370
You like that one, Pretty much.
1439
01:52:34.015 --> 01:52:45.875
Mining is wrought with those who manipulate the market, from regulatory captured public miners to hardware manufacturers that are in bed with nation state interests, cantillionaire cronies who seem to have an unlimited
1440
01:52:46.175 --> 01:52:48.035
fucking capacity to borrow money,
1441
01:52:48.850 --> 01:52:50.870
funding project after project,
1442
01:52:51.410 --> 01:52:57.750
only to run it into the ground at strip clubs well below the quality of establishments like hash sluts.
1443
01:53:00.465 --> 01:53:03.845
We've already fought against those bitch ass motherfuckers
1444
01:53:04.225 --> 01:53:05.525
at Ungovernable Misfits.
1445
01:53:05.905 --> 01:53:07.685
They bring out the bitch in me.
1446
01:53:08.785 --> 01:53:09.285
Yo.
1447
01:53:09.905 --> 01:53:11.445
But recently, the altruistic
1448
01:53:12.065 --> 01:53:13.525
mining for the cause progressives
1449
01:53:13.905 --> 01:53:17.590
has been the louder voice in the room. I'm neither, I guess.
1450
01:53:18.050 --> 01:53:24.550
I'm just some weirdo trying to make a profit at this, trying to do it well Mhmm. Not do it for the right reasons.
1451
01:53:24.929 --> 01:53:27.030
I mine because I intend to benefit
1452
01:53:28.210 --> 01:53:28.710
me.
1453
01:53:29.090 --> 01:53:30.070
And your family?
1454
01:53:30.445 --> 01:53:39.585
Well, sure. Shit rolls downhill. Mhmm. And not that not that I'm for some kind of purity test, but I do think that is the purest form of mining.
1455
01:53:40.925 --> 01:53:41.985
I'm of the mind
1456
01:53:42.619 --> 01:53:46.559
that me first, not hashtag me first, but me first,
1457
01:53:47.099 --> 01:53:49.679
for profit mining is the most objectivist
1458
01:53:49.980 --> 01:53:52.719
economic system ever built. It is pure capitalism.
1459
01:53:53.340 --> 01:53:56.960
The most efficient miners thrive, and the least efficient perish.
1460
01:53:57.265 --> 01:53:58.085
It is voluntary.
1461
01:53:58.465 --> 01:54:04.485
No one is forced to mine, yet those who do are rewarded by the network. It is real value creation.
1462
01:54:04.864 --> 01:54:08.005
A miner must expend energy and capital to produce tashes
1463
01:54:08.305 --> 01:54:15.520
just as a pizza shop owner must expend capital and labor to create a good piece of pie. Of course, he's from New Jersey.
1464
01:54:15.980 --> 01:54:17.840
Back to Ayn Rand and Objectivism.
1465
01:54:18.460 --> 01:54:20.080
I'm working on it here, Max.
1466
01:54:20.460 --> 01:54:24.240
I'd like to eventually make the point that mining is best approached
1467
01:54:24.835 --> 01:54:26.215
through the lens of objectivism.
1468
01:54:27.395 --> 01:54:29.974
Ayn Rand despised the idea of the unearned
1469
01:54:30.594 --> 01:54:41.170
in Francisco D'Anconio's money speech in Atlas Shrugged, which is, you know if if you're not like, Ben Gunn and go back and read Atlas Shrugged twice a year, whatever the hell he does.
1470
01:54:41.470 --> 01:54:48.770
At least go back and read the Francisco d'Anconio money speech. It's a good speech. It's only about 300 pages long. I get out of here.
1471
01:54:49.950 --> 01:54:50.690
In that,
1472
01:54:51.150 --> 01:54:52.210
Ayn Rand wrote,
1473
01:54:52.635 --> 01:54:56.335
run for your life from any man who tells you that money is evil.
1474
01:54:56.875 --> 01:55:00.415
That sentence is the leopard's bell of an approaching looter.
1475
01:55:00.795 --> 01:55:06.330
Or may I say, run for your life from any man who tells you that mining for profit is evil.
1476
01:55:06.650 --> 01:55:09.550
That sentence is the leper's bell of an approaching cuckold.
1477
01:55:10.010 --> 01:55:10.990
Oh, yeah.
1478
01:55:11.530 --> 01:55:12.510
Miners don't
1479
01:55:15.450 --> 01:55:16.190
you're right.
1480
01:55:16.490 --> 01:55:17.290
You got a little,
1481
01:55:18.010 --> 01:55:27.375
little too excited about that one. There's a lot of them out there, mate. I just get very excited about calling these cunts out. And you'll like this episode of Uncoverable Misfits Action News.
1482
01:55:29.915 --> 01:55:38.130
Miners who don't hit blocks aren't paid for block subsidies and transaction fees. If they are paid, it's not out of charity or goodwill.
1483
01:55:38.670 --> 01:55:46.130
They've received them because they proved their work, provided real energy, and competed in an open market. And that sure as hell doesn't make them evil.
1484
01:55:46.670 --> 01:55:52.324
Mining doesn't need a moral narrative. Miners don't need to justify the choices they make in their operations.
1485
01:55:52.864 --> 01:55:55.204
The profit motive is the narrative.
1486
01:55:55.824 --> 01:55:58.724
There is no moral obligation to support the network.
1487
01:55:59.185 --> 01:56:00.565
If mining isn't profitable,
1488
01:56:00.945 --> 01:56:02.165
it's not worth doing.
1489
01:56:02.599 --> 01:56:14.460
Miners have a hard time enough surviving. It's challenging enough to chase efficiency, to arbitrage energy markets, fight the nanny state, placate neighborhood Karens who complain that your miners are giving their chihuahuas panic attacks
1490
01:56:14.920 --> 01:56:17.980
besides competing for blocks against larger operations
1491
01:56:18.495 --> 01:56:19.955
with deep pockets
1492
01:56:20.335 --> 01:56:23.475
so deep, so deep, put her ass to sleep.
1493
01:56:24.255 --> 01:56:27.315
Ayn Rand understood this. And if she were alive today,
1494
01:56:27.695 --> 01:56:31.715
I have to think she would see Bitcoin as the ultimate individualist technology,
1495
01:56:32.329 --> 01:56:34.110
the final rejection of collectivism
1496
01:56:34.489 --> 01:56:37.309
in money. She'd blow copious amounts of smoke
1497
01:56:38.010 --> 01:56:40.349
right in the faces of those who mine for ideology
1498
01:56:41.050 --> 01:56:43.469
and praise over those who mine for profit.
1499
01:56:44.010 --> 01:56:47.230
We're competing against progressive soy boys yapping about decentralization
1500
01:56:47.610 --> 01:56:50.165
while cashing checks from progressive philanthropists,
1501
01:56:50.945 --> 01:56:55.525
while also competing against corporate miners gargling the balls of the banking class.
1502
01:56:56.625 --> 01:56:57.125
Ultimately,
1503
01:56:57.905 --> 01:57:01.925
mine for whatever reason, you mine. I don't fucking care.
1504
01:57:02.490 --> 01:57:13.710
Also, when Atlas shrugged during John Galt's oath of the men of Galt's Gulch speech, he says, I swear by my life and my love for it that I will never live for the sake of another man,
1505
01:57:14.170 --> 01:57:16.725
nor ask another man to live for mine.
1506
01:57:17.525 --> 01:57:18.825
Let me rephrase that.
1507
01:57:19.205 --> 01:57:29.145
I swear by my life and my love for it that I will never mine for the sake of another man, nor ask another man to mine for the sake of mine.
1508
01:57:29.500 --> 01:57:31.760
There's only one true test of mining success.
1509
01:57:32.380 --> 01:57:33.520
Are you still standing?
1510
01:57:33.980 --> 01:57:35.119
Are you still hashing?
1511
01:57:35.739 --> 01:57:36.560
That's it.
1512
01:57:37.020 --> 01:57:38.800
Everything else is noise.
1513
01:57:39.580 --> 01:57:42.400
I love that, mate. Your writing skills have,
1514
01:57:43.055 --> 01:57:45.395
been improving, I would say, over time.
1515
01:57:45.775 --> 01:57:48.335
No. Thanks, buddy. It's very good. I think it's,
1516
01:57:50.175 --> 01:57:51.715
I think it's just a matter of
1517
01:57:52.175 --> 01:57:58.275
not writing because I feel like I have to. Mhmm. Like, sometimes we don't even do these these end of things, these editorials.
1518
01:57:58.930 --> 01:58:02.070
Yep. But, like, this popped into my head in conversations
1519
01:58:02.850 --> 01:58:05.750
with Kaboomrax Alex because he's he's very Randian
1520
01:58:06.210 --> 01:58:10.070
in his ways ways of thinking. He's Randy. He is Randy.
1521
01:58:10.770 --> 01:58:11.670
Yeah, baby.
1522
01:58:12.105 --> 01:58:17.085
So I don't know. I was inspired to write this article, so I don't think I'm getting any better. It's just
1523
01:58:17.625 --> 01:58:18.125
motivation.
1524
01:58:18.985 --> 01:58:20.345
Do you feel like it's,
1525
01:58:20.905 --> 01:58:24.825
is it cathartic? Is that the word? Yeah. Yeah. Yeah. I guess so.
1526
01:58:25.305 --> 01:58:27.405
I mean, I'll give people a little bit of insight.
1527
01:58:27.900 --> 01:58:34.960
You and I discussed the other day, and I even said this to Jordan on Saturday, like, I don't sometimes I don't know how much
1528
01:58:35.420 --> 01:58:48.074
passion I have for the action news show. You know, they always turn out good when it's time to do it. I'm excited to, you know, do it with you, and and we have lots of fun, and I think we cover great things. But it isn't a show that I think about
1529
01:58:48.534 --> 01:58:52.715
the rest of the the month. Mhmm. But I'm always thinking about the.
1530
01:58:53.460 --> 01:58:59.720
Well, because that's real connections. Like, that's what you like is, like, real connections, real people, like, more
1531
01:59:00.500 --> 01:59:03.620
wholesome stuff rather than, like, covering
1532
01:59:04.420 --> 01:59:20.695
I don't know. Like, some of the stuff is like, oh, this massive miner's just got some more hash rate on board or, like Yeah. Yeah. And we don't really do a lot of that reporting. We don't really. But I get it. Like, some of that stuff isn't so interesting. But that's, I think, why, like, doing these
1533
01:59:21.500 --> 01:59:24.460
conversations with Clubminers again would be really cool Mhmm.
1534
01:59:25.260 --> 01:59:28.000
Because for me as well, like, that's the stuff that's much more interesting.
1535
01:59:28.700 --> 01:59:33.200
You know, shitting on Dorsey or other people is always fun and, like, there's elements
1536
01:59:33.515 --> 01:59:36.975
that are fun, but I think a lot of the news
1537
01:59:37.435 --> 01:59:38.415
type stuff
1538
01:59:39.035 --> 01:59:42.175
maybe isn't so interesting to either of us. We much more
1539
01:59:42.555 --> 01:59:45.695
like to hear, you know, someone that we know who suddenly
1540
01:59:45.995 --> 01:59:50.190
built out a system for their house to heat a pool is much more interesting.
1541
01:59:50.650 --> 01:59:56.750
So I'd like to lean into that more. Well, let's do it. Let's do it. Let us know in in the boosts
1542
01:59:57.210 --> 01:59:58.750
what you think about that.
1543
01:59:59.130 --> 02:00:03.230
Pay us money. Give me more money. Give me boost money.
1544
02:00:04.595 --> 02:00:19.960
I think Zelensky has joined the the crew of of people. Fuck off. He can fuck the rights off. He let me into your show. I can tell you. I'm I used to be a comedian. I can tell joke. Here's a joke for you. Piano with his dick as well.
1545
02:00:20.580 --> 02:00:27.720
It's quite impressive. That's I mean, to be fair, that's pretty impressive stuff. If you can play the piano with your dick, you're doing well.
1546
02:00:28.100 --> 02:00:35.675
Not as impressive as dropping grenade on top of Russian boy with with drone. That's my favorite pace time now.
1547
02:00:36.295 --> 02:00:41.915
Give me more money to drop grenade on with drone on a Russian boy who's scared.
1548
02:00:47.270 --> 02:00:48.409
We shouldn't laugh.
1549
02:00:49.030 --> 02:00:53.449
Have Jack Dorsey pay Sean Penn to come over and take picture with me.
1550
02:01:03.054 --> 02:01:08.355
It's a fucking weird show. What a fucking weird show this is. Jeez. It really is.
1551
02:01:08.735 --> 02:01:16.190
Do you know what, though? People do seem to enjoy it, and we have fun, and that's all that matters. You damn straight.
1552
02:01:16.890 --> 02:01:19.710
Well, if you've made it this far in the episode,
1553
02:01:20.650 --> 02:01:21.150
congratulations.
1554
02:01:21.850 --> 02:01:26.590
Well done. You wasted two and a half hours of your life. You should. You sure did.
1555
02:01:27.530 --> 02:01:32.184
And we thank you. We do thank you. And since you made it all this way, you get rewarded
1556
02:01:32.645 --> 02:01:35.864
with a little punk rock song. This is dead Kennedy's
1557
02:01:36.565 --> 02:01:42.344
kill the poor. Because if you're not virtue mining, that's basically what you're doing, killing poor people.
1558
02:01:50.130 --> 02:01:51.270
Oh, what a great
1559
02:01:53.409 --> 02:01:54.790
show. We're great.