Executive Summary * Bitcoin is global money powered by electrical energy. * Bitcoin uses electrical energy in the form of computation, ~150 TWh per year globally, to add and verify blocks of transactions on a distributed global financial network. * Bitcoin data centers as large, flexible loads support power generation assets struggling with…
Satoshi Energy Corporation closed a seed round raising 60 BTC ($3M equivalent) led by Stillmark and its founding partner Alyse Killeen, with additional commitments from Potter Ventures, Plassa Capital, Digital Garage Labs, Peer VC, Ten31, Hivemind VC, Plan B Ventures, HCM Capital, and many other phenomenal early stage investors. The…
“It might make sense just to get some in case it catches on.” Satoshi Nakamoto [https://satoshi.nakamotoinstitute.org/emails/cryptography/17/] , Jan. 16, 2009 -------------------------------------------------------------------------------- The events of 2020 are a clear signal that mainstream bitcoin adoption has arrived. The first quarter brought global economic panic, while the remainder…
“Humanity and the soil - they are the only real basis of money.” Thomas Edison [https://timesmachine.nytimes.com/timesmachine/1921/12/06/98768710.pdf], 1921 -------------------------------------------------------------------------------- “By convention the first transaction in a block is a special transaction that starts a new coin owned by the creator of the…
> Bitcoin is like early electricity. Raw, dangerous, seems very volatile and hard to use. With time it'll start to feel safer, easier and normal. Like electricity it will inspire and power new unimaginable industries. And one day we’ll wonder how did we live without it? — O₿…
> #Bitcoin [https://twitter.com/hashtag/Bitcoin?src=hash&ref_src=twsrc%5Etfw] is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy. — Michael Saylor (@michael_saylor) September 18,…
Macro Economic Uncertainty & Stores of Value The events of 2020 have provided a stark reminder that financial markets move very fast. As financial decision makers respond to the current economic recession, the situation is further complicated by systemic long term debts between nation states, banks, and other financial institutions…