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I don't know what to make of this.
Glad to see miners fighting this attack using the courts. These public miners really have two options. Stay and fight using the system or flee to a more welcoming nation state.
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It's interesting to see this quick reversal. If I was a conspiracy theorist I would probably say that Larry Fink made a few phone calls, but I'm not. Regardless, I still think miner geographic decentralization is really important.
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265 sats \ 1 reply \ @kepford 23 Feb
I was not expecting this.
I have no doubt we will see geographic decentralization grow in the next few years. NGU alone will lead to this but also if states start cracking down miners will move.
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Bitcoin is a great teacher. When you fail it hurts. A lot. There is a lot of learning left to do.
Study bitcoin.
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EIA realized to make this lawful they were going to have to do it with every industry and that seemed like a lot of work so they backed down?
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Very possibly, especially AI. Could you imagine the mess that would have caused.
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I actually think that's what it is about. You can't say do whatever you want to one type of datacentre but tell the other type we need to sequence the DNA of your entire operation.
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stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.