When the industrial revolution led to mass migration of people into cities, fire codes had to follow.
Fire escapes, bedroom windows, etc. were all standards written together to minimize risk and ensure safety.
That's analogous to what this panel is building for bitcoin
Will Texas remain the fast lane for building out energy infrastructure?
At the end of 2022, @galaxyhq bought one of the biggest bitcoin mines in West Texas and just a year later they tore it down. 馃У/
.@GideonOPowell calls his team at Cholla Inc. wildcatters: zero interest in following the herd.
Almost 10 years ago they built the first bitcoin mine in West Texas. The critics called it dumb. 馃У/
"We don't know what is going on in the chip beyond what the manufacturer tells us."
Black box technology is not the path that Satoshi intended in the White Paper.
Bitcoin is open and accessible to anyone, but that doesn鈥檛 necessarily happen organically.