Ape Mithrandir

@apemithrandir

@apemithrandir liked

@maxbitbuybit

boosted

0 sats

hey mate come on... just becausw QNA is northern it doesnt mean hes retarded.

EPISODE

Blockchain spies call Bitcoin Core Contributor “Unqualified” (Bitcoin monthly episode 0029)

In this episode of bitcoin monthly we discuss Blockchain spies calling Bitcoin Core Contributor “Unqualified” and much more. Baltic Honey Badger Recap Huge fee incident https://www.nobsbitcoin.com/paxos-identified-as-fat-finger-entity-in-20-btc-fee-mistake/ Nunchuk Byzantine https://www.nobsbitcoin.com/nunchuk-byzantine/ Fortress acquired by Ripple https://www.nobsbitcoin.com/ripple-acquires-fortress-trust/ https://www.nobsbitcoin.com/fortress-lost-customer-funds-prior-to-acquisition-by-ripple/ SeedSigner 0.7.0 https://www.nobsbitcoin.com/seedsinger-v0-7-0/ More CA bullshit https://www.nobsbitcoin.com/chainalysis-denounces-bitcoin-core-contributor-bryan-bishop-as-unqualified-to-audit-its-code/ RoninUI Pairing page https://www.nobsbitcoin.com/ronin-ui-v2-3-0/ new BTCPay app to be developed https://www.nobsbitcoin.com/btcpay-server-partners-with-spiral-and-ldk-to-develop-btcpay-app/ Peach goes Open Source https://www.nobsbitcoin.com/peach-bitcoin-v0-3-0/ Sparrow v1.7.9 https://www.nobsbitcoin.com/sparrow-wallet-v1-7-9/ Robosats is decentralizing https://www.nobsbitcoin.com/robosats-is-decentralizing-how-to-become-robosats-federation-coordinator/ Zaplocker - Non custodial lightning address server https://www.nobsbitcoin.com/zaplocker-com-non-custodial-lightning-address-server/ Tor PoW Launch https://www.nobsbitcoin.com/tor-launched-proof-of-work-defense-for-onion-services/ Tornado Cash indictments https://www.nobsbitcoin.com/new-tornado-cash-indictments-run-counter-to-fincen-guidance-coin-center/ Samourai v0.99.98h https://www.nobsbitcoin.com/samourai-wallet-v99-98h/ Samourai Dojo v1.21.0: $1 Fee Estimator https://www.nobsbitcoin.com/samourai-dojo-v1-21-0/ The Bitcoin Company's Web App Added Auth47 Paynym Accounts https://www.nobsbitcoin.com/the-bitcoin-company-integrated-auth47-paynym-accounts/ Info on Peach licence https://github.com/Peach2Peach/peach-app/blob/develop/LICENSE.md Article on Chainalysis Denounces Bitcoin Core Contributor As “Unqualified” Chainalysis attempts to render Bitcoin Core contributor Bryan Bishop as “unqualified” to audit Chainalysis’ source code as the surveillance firm’s own experts stumble cluelessly around the blockchain. https://bitcoinmagazine.com/technical/chainalysis-denounces-bitcoin-core-contributor-as-unqualified?ref=nobsbitcoin.com Show Host: Max https://twitter.com/MaxBitbuybit Co host BQA Twitter - @BitcoinQ_A Website - bitcoiner.guide Co host - Antomous Twitter - @antomousB Website vulcan21.com Ungovernable Misfits Socials https://www.ungovernablemisfits.com Twitter https://twitter.com/ungovernablemf Show Sponsor: Foundation Devices Foundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty. As a sovereign computing company, Foundation is the antithesis of today’s tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can’t be evil,” Thank you Foundation Devices for sponsoring the show. Use code BITBUYBIT at check out for $10 off your purchase. https://foundationdevices.com Show Sponsor: sx6.store SECURE YOUR BITCOIN IN MARINE GRADE, 316L STAINLESS STEEL! As always please feel free to reach out and ask me any questions.

25 Sep • 1hr 25m

@apemithrandir liked

@maxbitbuybit

boosted

0 sats

Thank you so much for all of your support mate it really is fucking kind. Will toast to you.

EPISODE

Blockchain spies call Bitcoin Core Contributor “Unqualified” (Bitcoin monthly episode 0029)

25 Sep • 1hr 25m

@apemithrandir liked

@maxbitbuybit

boosted

0 sats

Through the grit we find glory. thank you for the beer money mate its really apreciated 🖤

EPISODE

Blockchain spies call Bitcoin Core Contributor “Unqualified” (Bitcoin monthly episode 0029)

25 Sep • 1hr 25m

@apemithrandir

boosted

7,777 sats

8h ago

dude knows his stuff

EPISODE

CD112: Lightning Node Security with Ken of the VLS Project (HSMs for Lightning)

support dispatch: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/donate⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ EPISODE: 112 BLOCK: 809610 PRICE: 3813 sats per dollar TOPICS: using HSMs to reduce lightning hot wallet risk project website: https://vls.tech nostr live chat: ⁠⁠⁠⁠https://citadeldispatch.com/stream⁠⁠⁠⁠ youtube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ twitch: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitch.tv/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ bitcointv: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bitcointv.com/video-channels/citadeldispatch/videos⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ telegram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://t.me/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ stream sats to the show: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.fountain.fm/

28 Sep • 1hr 13m

@apemithrandir

boosted

77,777 sats

27 Sep

Just realised that 31013 boost was only enough for one beer. Here's the rest.

EPISODE

Blockchain spies call Bitcoin Core Contributor “Unqualified” (Bitcoin monthly episode 0029)

25 Sep • 1hr 25m

@apemithrandir

boosted

31,013 sats

27 Sep

Max working multiple fiat jobs while QnA and Antomous taking off to all the international Bitcoin conferences. Poor fucker. Max use these sats to buy a round when you meetup in person with these cunts.

EPISODE

Blockchain spies call Bitcoin Core Contributor “Unqualified” (Bitcoin monthly episode 0029)

25 Sep • 1hr 25m

@apemithrandir liked

@poorbengunn

boosted

0 sats

just take it page by page. there’s no time limits!!

EPISODE

82 - Yaron Brook: Learning from Ayn Rand

Gabriel Custodiet speaks with Yaron Brook, philosopher of freedom, author, podcast host, and Chairman of the Board of the Ayn Rand Institute. Using the ideas of Ayn Rand, they explore what reason and freedom mean and how to live while pursuing rational self-interest. They also discuss intellectual property, anarchy and the allure of collectivism. Guest Links → https://yaronbrookshow.com/ → https://twitter.com/yaronbrook → https://www.youtube.com/yaronbrook → https://www.amazon.com/stores/Yaron-Brook/author/B007UU9UJ0 → https://www.amazon.com/Fountainhead-Centennial-HC-Ayn-Rand/dp/0452286751 Watchman Privacy → https://watchmanprivacy.com (newsletter, consultation requests) → https://twitter.com/watchmanprivacy → https://www.amazon.com/Watchman-Guide-Privacy-Financial-Lifestyle/dp/B08PX7KFS2 Privacy Courses (supports the show) → https://rpf.gumroad.com/l/privatebitcoin → https://rpf.gumroad.com/l/hackproof Monero Donation Address (If you can't see the whole string, double click in the middle to select all) →8829DiYwJ344peEM7SzUspMtgUWKAjGJRHmu4Q6R8kEWMpafiXPPNBkeRBhNPK6sw27urqqMYTWWXZrsX6BLRrj7HiooPAy Please subscribe to and rate this podcast wherever you can to help it thrive. Thank you! → https://www.youtube.com/@WatchmanPrivacy →https://odysee.com/@WatchmanPrivacy Timeline 0:00 – Introduction 1:27 – What is rational self-interest, Ayn Rand’s most foundational idea? 4:52 – Modern people have no excuse not to be rational 7:20 – What is reason? 8:40 – Bad people: using reason incorrectly or not at all? 13:50 – Why is collectivism so alluring? 18:12 – Do rational people have the same ethics? 21:15 – Examples of irrationality in current world events 27:23 – Big Tech is an overall benefit 30:55 – Would a Randian hero ever be a politician? 32:50 – Rand’s problem with anarchy? Is there a way to limit government? 38:48 – Optimism of Objectivism 40:32 – Intellectual property: how far does it go? 46:05 – Do Rand protagonists have empathy? 50:25 – How would a rationally self-interested person go about their day? #WatchmanPrivacy #AynRand #YaronBrook #PrivateProperty

9 Aug • 55m

@apemithrandir liked

@geneeverett

boosted

777 sats

oh , we still listening at almost 2:00:00 mark! I’m definitely listening! cheers friends!

EPISODE

BR051 - Sparrow, COLDCARD, LND, Florestra, Swan Custody Risk, 20BTC Whoopsie + MORE ft. Craig & Rob

I'm joined by guests Craig Raw & Rob Hamilton to go through the list. Housekeeping 00:01:47 Opensats Vulnerability Disclosures 00:03:13 Coldcard Donjon Faults SE2 on Mk4 00:07:24 $500,000+ fee Bitcoin transaction 00:12:12 DoS: Fake Lightning Channels 00:15:11 Fortress, BitGo & Ripple customer funds controversy Bitcoin • Software Releases & Project Updates 00:25:04 COLDCARD 00:28:11 Sparrow 00:32:46 libsecp256k1 00:35:12 Liana 00:35:37 BTC Pay Server 00:36:22 Florestra 00:39:33 Robosats 00:39:45 10101 00:40:07 MyCitadel 00:40:25 Bitcoin Tribe 00:41:42 Nunchuk 00:45:03 Simple Bitcoin Wallet 00:45:17 Labelbase 00:48:23 libwally-core Feature Request Interlude 00:48:46 Simplex integration with Sparrow Bitcoin • Software Releases & Project Updates (Cont.) 00:53:39 Smart Vaults 00:56:05 Parmanode 00:59:15 Nodeyez 00:59:28 joinmarket-clientserver 01:00:17 RoninDojo 01:02:07 RoninUI 01:02:17 Peach 01:03:46 Machankura/8333.mobi 01:03:57 RGB 01:04:27 Seedsigner • Project Spotlight 01:05:00 Smaug 01:05:24 bitaxeUltra Lightning & L2+ • Software Releases & Project Updates 01:07:06 LND 01:13:08 CLN 01:13:27 mutiny-node 01:15:23 Mutiny Wallet 01:15:32 Bitbanana 01:16:40 Breez 01:16:50 Alby 01:17:01 Fountain 01:17:14 Wallet of Satoshi 01:17:26 lnbits 01:17:31 Nayuta Wallet 01:17:36 Spark Wallet 01:17:41 Satimoto 01:17:47 eNuts 01:18:44 Minibits 01:18:57 Stacker News 01:19:06 Zaprite 01:19:14 Orange Pill App 01:19:22 Emeralize • Project Spotlight 01:22:28 The Split Kit 01:22:36 ZapLocker 01:22:44 SimLN 01:22:55 Satogram 01:23:05 LNPlay.live Nostr • Software Releases & Project Updates 01:23:46 NDK 01:25:07 Snort 01:25:16 Amethyst 01:25:59 Coracle 01:26:04 Current 01:26:09 Lume 01:26:14 Spring - The Nostr Browser 01:26:19 Amber 01:26:30 Mostro • Project Spotlight 01:26:51 Ditto 01:27:00 nostr-matrix 01:27:29 Favvy Boosts 01:29:06 Thanks to everyone who streamed sats, and shoutout to our top boosters: @ahanniga, @apemithrandir, @wartimepsycho, @dubravko Bitcoin Optech Newsletter 01:29:33 Highlights from recent Bitcoin Optech Newsletters News & Noteworthy • Bitcoin 01:39:40 CLBOSS 01:39:58 Support for Mercury Wallet to be discontinued by Mercury Layer • Lightning & L2 01:40:32 Scaling Lightning roadmap 01:40:41 New LSP FlashSats announced 01:40:49 PeerTube Videos with Lightning plugin 01:40:55 Paid search engine Kagi now Accepts Bitcoin (Lightning) 01:41:00 Bastien Teinturier opened a PR to the bLIPs repo with proposal to Remotely control your LN from your favorite HSM • Funding 01:41:15 Vulpem Ventures announces an open-source Bitcoin development grant to Burak of $25,000 • Mining 01:41:25 Oman planning to invest $1.1 Billion in Bitcoin mining 01:42:06 Nodal Power raises $13 Million seed round to build renewable energy power plants at landfills • Business & Finance 01:42:15 NEW: Jack Dorsey and Jay-Z-backed nonprofit acquires Qala 01:42:34 Elon Musk's X Has Licenses in Multiple U.S. States to Process Payments, Including Crypto 01:42:43 Coincorner teams up with Lolly to bring Bitcoin to Lolly tills and kiosks 01:42:52 Bull Bitcoin expands to Costa Rica 01:44:07 Ripple acquires Fortress Trust • Hyperbitcoinization 01:45:39 Revolut integrates Bitcoin segwit addresses and on-chain withdraw/receive 01:45:56 Coinbase LN integration is official • Shitcoin Clownery 01:46:23 KYC/AML Compliance Protocol Proposed by Vitalik Buterin 01:51:29 Worldcoin Meltdown Reads & Learning Resources 1:51:42 A list of our top recently published reads. Links & Contacts Website: https://bitcoin.review/Podcast Twitter: https://twitter.com/bitcoinreviewhq NVK Twitter: https://twitter.com/nvk Telegram: https://t.me/BitcoinReviewPod Email: producer@coinkite.com Nostr & LN:⚡nvk@nvk.org (not an email!) Full show notes: https://bitcoin.review/podcast/episode-51

14 Sep • 1hr 57m

@apemithrandir

boosted

7,777 sats

24 Sep

Sparrow + FROST, that sounds interesting.

EPISODE

BR051 - Sparrow, COLDCARD, LND, Florestra, Swan Custody Risk, 20BTC Whoopsie + MORE ft. Craig & Rob

14 Sep • 1hr 57m

@apemithrandir

boosted

42,069 sats

23 Sep

we need some "Electricity Pirates" merch

EPISODE

Pleb Miner Monthly EP10 Growing Centralisation of the Bitcoin Mining Sector.

Pleb Miner Monthly Episode 10 Show Notes 1 year of doing Pleb Miner Content on BitBuyBit. We are honored to be able to provide Pleb Miner content and are doubly honored to be able to interact with all of you on Telegram, Twitter and Fountain Thank You for all the contributions of content, encouragement, sponsorships, boosts, and friendships! Intro Music: Faith No More – We Care a Lot Statistics brought to you by Lincoin Mining Schedule a call with Medi so you can hear him say “What do you do, so I may tell you what we can do for you?” Statistics Summer Summary Hashrate - June 21 our 70 MA was 367 EH – We are now 394 EH a 7.3% increase Difficulty - June 21 Difficulty was 52.35 EH – We are now 54.15 a 3.4 % increase BTC Price - June 21 BTC Price was $29,893 – Its now $26,192 Hash Value - Hash Value on June 21 was 24,850 – and is now 24,040 3.25% decrease Block 807,057, 20.013 BTC in transaction fees!!! Mononaught Tweet Everybody Wang-Chung tonight, everybody have fun tonight Bitesize Bitcoin (Mine your Mind) Brought to you by FixRigs Take the Quiz!!! And share your results! Most of the answers are contained in our Bitesize Bitcoin Segments If you’re stuck on one, ask Jon and I’ll direct you to the episode Highest Score Gets a Boty Hat! Statistics What is Hashrate? What is the incorrect name given to the HalFinning? Explain the HalFinning. What is difficulty and why is it important? Name two common payout schemes used by mining pools? Basic Electricity What is Voltage?- What is Current? What is Power? Explain Joules Law. Convert 3500 watts at 240 volts to amps Cost to Mine What is a Watt/hour ? Calculate the cost to mine a 3500 watt Bitcoin Mining Server over a 24 hr period at $.10/KW/hr Now do the UK at 30p/KW/hr What is Hash Value What is Hash Price If current BTC price is $26K and our 3500 watt machine at 110TH get us 25, 773 sats per day, are we profitable at .10 cents KW/hr Block Creation and Transactions What are the components of a candidate Bitcoin block headerTransaction Data The transaction data within a Bitcoin block contain information about each transaction included in the block. Name some of the key characteristics of the transaction data Bitcoin Mining Server Name the parts of a Bitcoin Mining Server also knows as an ASIC. BIP300 BIP 300, also known as drivechains is a Bitcoin Improvement Proposal that will allow sidechains of separate blockchains on top of Bitcoin. Max, this is the final Mine your Mind question. Are drivechains… Gay Lame Retarded Regarded Pleb Miner Monthly ACTION NEWS!!! First up Riot receives $31 million in energy credits A short Op-Ed from an Anon Pleb. Growing Centralization of the Bitcoin Mining Sector Public corporations have rapidly dominated the mining sector, primarily through aggressive mergers and acquisitions. By establishing expansive industrial mining infrastructure and consuming incredible amounts of electricity, these entities have positioned themselves at the forefront of the industry. Their dominance is further solidified by their ability to secure funding via traditional Wall Street mechanisms, such as shareholder dilution and convertible notes. This financial leverage affords them several advantages, including procuring large machine orders at prices below market rates, benefiting from reduced transmission and distribution costs, thanks to high-voltage infrastructure, implementing power procurement strategies tailored to bitcoin mining. Such centralization can sideline smaller players, often referred to colloquially as the "plebs", pushing them to the periphery of the industry. Bitcoin is meant to be a P2P decentralized network. Centralization of mining is a justified concern. Bassload Update Turn Down for What!? Nic Smid Blockpost Nico Smid Immersion Article on Ungovernable Misfits The Bugle Bugle - Paul Sztorc Runs for President to Promote BIP 300 Pleb Miner Small Builds and Innovation Travis Bitkle Sat Stacking Pleb has a cool one board build Altair Tech to have S19s single boards D-central carries a Bitaxe kit and Pivotal Pleb Tech boards Crypto Cloaks carries a number of DIY items as well Winter is coming and everyone is getting ready with their space heaters and dusting off the sketchbooks and designs from previous years and getting back to work. Can’t wait to see and share what everyone will build this winter! UngovernableMisfits.com has Max and Crown’s art for sale, check it out on the newly revamped website!

19 Sep • 1hr 20m

@apemithrandir

replied

22 Sep

it is funny we are all dependant on permissioned money. for thousands of years humans acted with mostly sovereign money and in the last 50 years we gave all that up in exchange for plastic and "convenience".

EPISODE

The Growth of Bitcoin Meetups in New Zealand with Bitkiwi Paul

Today I talk with Paul from Bitkiwi who are organising New Zealand’s premiere Bitcoin meetups. This episodes roams across a wide range of topics, from politics and nostalgia for the old days, to the importance and value of real-life Bitcoin meetups. Follow me on twitter at ⁠⁠⁠⁠⁠https://twitter.com/TTOVpodcast⁠⁠⁠⁠⁠ or send an email to hello@thetransformationofvalue.com and I will get back to you! Support this show: Bitcoin donation address: bc1qlujm05d908ghr6gh07rs3c88qlyj2alajw80gx Lightning donation address: ⁠⁠⁠⁠⁠⁠⁠codyellingham@getalby.com⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠Geyser Fund⁠⁠⁠⁠⁠⁠ Bitkiwi VI meetup - Wellington, New Zealand: Jul 22, 2023 ⁠Fork & Brewer, 12 Bond Street, Wellington.⁠ 02:00 PM Onwards Links: Bitkiwi on Twitter - https://twitter.com/bitkiwi1 Also check out the Kiwi Bitcoin Guide - https://kiwibitcoinguide.org

23 Jun • 1hr 4m

@apemithrandir

boosted

77,777 sats

21 Sep

there is nuance to the company profit story. profit margins are at recent highs not just nominal profits. companies on earnings calls were pushing price over volume saying they had pricing power. this was supported by gov hand outs to the consumer. if inflation persists without gov handouts, expect company profit margins to go lower as they lose their pricing power. wages lag CPI so expect wage increases to further compress profit margins.

EPISODE

Rabbit Hole Recap #270: A Ripple in Time

0:00 - Austin takeover in Nashville 5:45 - Did Ledger bork the Coldcard? 24:51 - Ripple bought Fortress 44:28 - Commie countries 46:42 - Parker joins in 1:29:45 - Satslink 1:31:07 - Parker is a Nostr bull 100% confirmed Shoutout to our sponsors: Unchained Capital https://unchained.com/concierge/ Coinkite https://coinkite.com/ TFTC Merch is Available: Shop Now https://merch.tftc.io/ Join the TFTC Movement: Main YT Channel https://www.youtube.com/c/TFTC21/videos Clips YT Channel https://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQ Website https://tftc.io/ Twitter https://twitter.com/tftc21 Instagram https://www.instagram.com/tftc.io/ Follow Marty Bent: Twitter https://twitter.com/martybent Newsletter https://tftc.io/martys-bent/ Podcast https://tftc.io/podcasts/ Follow Odell: Twitter https://twitter.com/ODELL Newsletter https://tftc.io/the-sat-standard/ Podcast https://citadeldispatch.com/

15 Sep • 1hr 41m

@apemithrandir liked

@merryoscar

boosted

0 sats

looks like we’re good now - still working on the retry failed split feature but I guess we can let @erik99 off for his 400k boost since he’s such a legend and boosts every week rain or shine!

EPISODE

CD111: Grassroots Adoption with Skyler and John

support dispatch: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/donate⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ EPISODE: 111 BLOCK: 807660 PRICE: 3833 sats per dollar TOPICS: circular economies, grassroots adoption, "stable coins" nostr live chat: ⁠⁠⁠https://citadeldispatch.com/stream⁠⁠⁠ youtube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ twitch: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitch.tv/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ bitcointv: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bitcointv.com/video-channels/citadeldispatch/videos⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ telegram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://t.me/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ stream sats to the show: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.fountain.fm/

15 Sep • 58m

@apemithrandir liked

@poorbengunn

boosted

69,420 sats

max’s mum wears Donnay socks from Sports Direct, and, smokes rollies in the bath. 🤙

EPISODE

Pleb Miner Monthly EP10 Growing Centralisation of the Bitcoin Mining Sector.

19 Sep • 1hr 20m

@apemithrandir liked

@erik99

boosted

0 sats

only 5% of the boost event through so it’s only a 20,000 sat boost. Sadly, Matt got none of it. but it looks good on the leader boards.

EPISODE

CD111: Grassroots Adoption with Skyler and John

15 Sep • 58m

@apemithrandir liked

@merryoscar

boosted

0 sats

retry failed split feature coming soon guys sorry about this - trying to get connectivity worked out with @odell

EPISODE

CD111: Grassroots Adoption with Skyler and John

15 Sep • 58m

@apemithrandir liked

@erik99

boosted

400,000 sats

stay humble, stack sats.

EPISODE

CD111: Grassroots Adoption with Skyler and John

15 Sep • 58m

@apemithrandir liked

@cumr0cket

boosted

0 sats

value 4 virtue (signal). no shame in the game, principles are important. stay up.

EPISODE

CD111: Grassroots Adoption with Skyler and John

15 Sep • 58m

@apemithrandir

boosted

21,012 sats

15 Sep

if the miners will seek out the lowest cost of energy will that mean the hardware cost will become a larger and larger % of overall cost and thus cause uptime to become the most important factor?

EPISODE

Grid Harmony with Troy Cross and Bitcoin Bassload

Troy Cross and Bitcoin Bassload Treble + Bass = Energy Grid Harmony In this electrifying episode of BitBuyBit, Max and Jon speak with energy market expert and Pleb Miner Mafia Capo, Bitcoin Bassload as well as Philosopher and Bitcoin enthusiast Troy Cross from the Bitcoin Policy Institute. The relationship between Bitcoin mining and the American energy industry is complex, nuanced, wrought with acronyms, oversight, and regulation. The purpose of this conversation is to find where we agree and disagree on the relationship between Bitcoin mining and the energy industry and what we as Pleb Miners can do when our energy is focused and pointed in the same direction. Troy and Bassload come from different perspectives when looking at the relationship between Bitcoin mining and energy, but their hearts and minds are focused on making sure that Bitcoin wins. In this discussion Bassload defines terms like the Federal Energy Regulatory Commission (FERC), Regional Transmission Organizations (RTO), and Independent Systems Operators (ISO) and explains how regulation and government policy steer energy markets. He discusses the Physical Grid versus Policy Grid, balancing authorities, generation fleet mix, and Meredith Angwin’s fatal trifecta for the grid: over reliance on renewables, backing up the renewables with just in time resources, and overdependence on neighbors. Bassload offers advice on creating relationships with energy providers: 1. Print the load 2. Pay an invoice. Bitcoin Bassload’s Energy Market Inflows can be found on his Substack in which he puts out frequent updates. Troy discusses the unique characteristics of Bitcoin mining and its relationship with energy, particularly in the context of environmentalism and regulatory arbitrage. He highlights that Bitcoin's decentralized nature and algorithmically fixed production makes it resistant to local regulations and taxes. His point in conveying this, is that Bitcoin mining can take advantage of excess energy in regions with corrupt governments, it can bypass restrictions, and potentially disrupt the energy market. The discussion emphasizes that Bitcoin's fundamental value is tied to the cost of energy rather than fiat currency. Over the long term, government regulations and subsidies may not significantly impact Bitcoin mining, or its adoption. Troy expands on this theory in this recent article. Treble and Bass = Grid Harmony Terms and Definitions FERC- FERC was originally called the Federal Power Commission to then become the Federal Regulatory Commission created on October 1 1977. The FPA was originally designed to coordinate federal hydropower development (in 1920) then in 1935 it was given the independent regulatory status to then regulate both hydropower and electricity. Then in 1938 the natural gas act gave FPA jurisdiction over interstate NG pipelines and wholesale sales. FERC was created due to a response to the oil crisis of 1973 and thus passing the Department of Energy Organization act of 1977 in an effort to consolidate agencies into a ‘department of energy’. DOE was born. Congress insisted that the independent regulatory body be retained. FERC originally was to determine whether wholesale electricity prices were unjust and unreasonable If so regulate the pricing and give some refunds to ratepayers FERC an independent organization that its commissioners are appointed by the president and confirmed by the senate Order 888 was issued in 1996 which created the RTO’s (regional transmission organizations) in response to the Energy Policy Act in 1992. RTO’s- Organized by FERC to have what were the former power pools to ‘rebrand’ themselves as independent transmission operators that would be able to compete in a wholesale electric market administered by RTO’s. PJM, NYISO and ISONE were first in line. Like an ISO they operate transmission systems and develop innovative procedures to manage transmission equitably. ISO’s- Independent System Operators were designed to consolidate and manage the operation of transmission facilities to provide nondiscriminatory open transmission service for all generators and transmission customers. Traditional wholesale markets were in the SE, SW and NW and most were vertically integrated where they own generation, transmission and distribution systems to serve electricity consumers. They also many include federal systems: Bonneville Power System Tennessee Valley Authority Western Area Power Administration At the wholesale level, the RTO’s and the ISO’s is managing economic dispatch of generators and its auctions to the clearing price. Less expensive power gets dispatched first. RTO controls the bids, they know the cost of fuel, and they know the marginal cost of the next kwh your generator plant makes. One can add a risk premium to the bids but the RTO’s are checking. (Meredith Angwin) TYPES of RTO’s and ISO’s CAISO- California Independent System Operator ERCOT- Electric Reliability Council of Texas SPP- SouthWest Power Pool MISO- Midcontinent Independent System Operator (15 states and canadian province of Manitoba) SouthEast Power Pool PJM- Pennsylvania New Jersey and Maryland NYISO New York Independent System Operator ISONE Independent System operator of New England Vertically integrated- this is where the same entity owns all of the generation, transmission and distribution to service electricity consumers in the given region that they are in. PUC’s- Public Utility Commission were designed to do a couple of things: Balance the needs of consumers AND utilities Ensure safe and reliable utility service at reasonable rates Protect public interest Educate consumers to make independent and informed utility choices Typically the PUC’s were designed for the consumer, but they are also heavily “in bed’ with the utilities Regulate electric, gas, telecommunications, water and wastewater facilities Typically appointed by the governor serving 4-6 year terms. Typically regulate all investor owned utilities in their state Municipalities and cooperative utilities are often exempt from PUC regulations PUCs often use non-adjudicatory processes to address new and evolving issues. This would include traditional rulemakings, in addition to informal stakeholder collaborative processes. Over the past decade, the stakeholder process has become one of the mainstays of issue resolution. In these proceedings, professional facilitators are often used and the parties work toward a narrowing of issues or their complete resolution through a negotiated or shared agreement. Typical participants include utilities, ratepayer advocates, environmental advocates, and industry advocates. Load Shape- the amount of energy consumption one uses, measured in watts or kilowatts over a period of time. When looking at the curve of how that energy is consumed, the shape of that curve is what is monitored. If flat, good. If not and seeing spikes means that the shape is inconsistent with the amount of watts consumed over time BTU- A British Thermal Unit, the base unit of measure for measuring energy in the US. a btu is the amount of energy required to heat one pound of water Joule- joule, unit of work or energy in the International System of Units (SI); it is equal to the work done by a force of one newton acting through one metre. Named in honour of the English physicist James Prescott Joule, it equals 107 ergs, or approximately 0.7377 foot-pounds. Watt- the SI unit of power, equivalent to one joule per second, corresponding to the power in an electric circuit in which the potential difference is one volt and the current one ampere. 1 watt = 1J/s Baseload- Baseload electricity generation creates 24/7 power to the grid to meet the base energy needs of the U.S. While peaking generation must follow the varying hourly electricity needs as demand rises and falls, base load generation operates constantly to support the increment of demand that is always there no matter the time of day or day of the week. https://energytransition.nema.org/wp-content/uploads/2023/01/NEMA-QuickFacts-Baseloadgeneration.pdf Balancing Authority- The BA makes sure that the supply of power on the grid is exactly matched with the requirement for power always. The BA must keep voltage within a narrow range and balance demand on the grid. The BA must also make sure that the VARs (Volts Amps Reactive) are in balance. Refer to page 28-30 of shorting the grid. “A well run grid is like a good bicyclist on a smooth road, while a more difficult grid (more sudden ups and downs in power or energy requirements) requires more of a balancing-type energy (Meredith Angwin). 60Hz or 60 cycles per second in the US 50HZ or 50 cycles per second everywhere else The responsible entity that integrates resource plans ahead of time, maintains load-interchange-generation balance within a balancing authority area, and supports interconnection frequency in real time. Energy Auction House- mentioned above and see pages of Mereidth Angwins book shorting the grid pages 91-93 Generation Fleet Mix Nuclear Coal Natural Gas Oil Hydro Solar Wind Geothermal Renewable energy- Renewable energy is energy produced from sources like the sun and wind that are naturally replenished and do not run out. Renewable energy can be used for electricity generation, space and water heating and cooling, and transportation. Non-renewable energy, in contrast, comes from finite sources that could get used up, such as fossil fuels like coal and oil. (DOE definition) energy from a source that is not depleted when used, such as wind or solar power. "the environmental benefits of renewable energy" (Oxford Dictionary) Net Zero- net zero means cutting greenhouse gas emissions to as close to zero as possible, with any remaining emissions re-absorbed from the atmosphere, by oceans and forests for instance. To ‘go net zero’ is to reduce greenhouse gas emissions and/or to ensure that any ongoing emissions are balanced by removals. (university of oxford) REC- Renewable Energy Credits A renewable energy certificate, or REC (pronounced: rěk, like wreck), is a market-based instrument that represents the property rights to the environmental, social, and other non-power attributes of renewable electricity generation. RECs are issued when one megawatt-hour (MWh) of electricity is generated and delivered to the electricity grid from a renewable energy resource. RECs include several data attributes, including:* Certificate data Certificate type Tracking system ID Renewable fuel type Renewable facility location Nameplate capacity of project Project name Project vintage (build date) Certificate (generation) vintage Certificate unique identification number Utility to which project is interconnected Eligibility for certification or renewable portfolio standard (RPS) Emissions rate of the renewable resource *Note: This list is not exhaustive and, depending on the market in which the REC is generated, other attributes may be associated with the certificate Three buckets o financial- everything to do with pricing, hedging, derivative markets for energy, from wholesale to retail o physical- infrastructure related, engineering and design of the implementation and installation of large equipment o regulatory- politics, rules and regulation from governing bodies aka FERC, DOE, PUC, ISO, RTO and alike. We hope this to be the first of many discussions on Bitcoin’s relationship with energy markets and energy providers. If you enjoyed the discussion in this episode, let us know by boosting on Fountain. Ungovernable Misfits Socials https://www.ungovernablemisfits.com Twitter https://twitter.com/ungovernablemf Ungovernable Misfits Socials https://www.ungovernablemisfits.com Twitter https://twitter.com/ungovernablemf Show Sponsor - Foundation Devices Foundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty. As a sovereign computing company, Foundation is the antithesis of today’s tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can’t be evil,” Thank you Foundation Devices for sponsoring the show. Use code BITBUYBIT at check out for $10 off your purchase. https://foundationdevices.com Show Sponsor: sx6.store SECURE YOUR BITCOIN IN MARINE GRADE, 316L STAINLESS STEEL!

12 Sep • 1hr 41m

@apemithrandir

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15 Sep

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EPISODE

BR050 - Libsec Panel ft. Jonas Nick, Tim Ruffing, Lloyd Fournier, Jesse Posner & Rijndael

I'm joined by Jonas Nick, Tim Ruffing, Lloyd Fournier, Jesse Posner & Rijndael to discuss libsecp. Discussion Topics 00:01:13 Guest intros 00:04:18 Importance of libsecp 00:11:21 Why libsecp was invented 00:15:44 The process of adding Schnoor 00:17:14 Tools and testing 00:25:43 Most interesting thing writing the library 00:34:05 Wrappers and vendors integrating libsecp 00:41:31 Side channel attacks 00:44:35 Testing 00:48:38 Hacspec 00:51:31 Signature types in research 00:52:51 Cross input aggregation 00:55:08 Deciding on what is included in the libsecp release 01:06:10 Are there enough contributors? 01:09:12 Musig2 01:10:28 Governance 01:13:32 Funding 01:14:09 Contributing 01:19:50 Security proofs for FROST 01:20:37 Nested musig FROST proofs 01:26:58 Nonce sharing 01:31:14 Demystifying libsecp Links & Contacts Website: https://bitcoin.review/Podcast Twitter: https://twitter.com/bitcoinreviewhq NVK Twitter: https://twitter.com/nvk Telegram: https://t.me/BitcoinReviewPod Email: producer@coinkite.com Nostr & LN:⚡nvk@nvk.org (not an email!) Full show notes: https://bitcoin.review/podcast/episode-50

8 Sep • 1hr 52m