49
satoshi jr
49e54666a7e1a97af9fe7e8ab0533f1ab83cd37f55bdd4a888e2da87777a78e7
I never knew my father …

Right but he has to increase sentiment. No one feels better with prices going down. Liquidity seems like one of the only ways to fix that. He might not use monetary policy (he probably will) and he's not cutting fiscal spending. Where is the tightening gonna come from

Really you think trump will give up the 2026 elections?

How much of global liquidity is the us? I don't think the us was easing in 2025 that much. Seems like the easing will be 2026

No risk analysis is about analysing risk. It dosnst mean you can't choose to accept the risk.

You are choosing to take nuclear risk

The us government doesn't think that's acceptable so they have bunkers.

The point of this conversation was about money. You can't do a shit job of hiding in the shadows and claim you're gonna be better money.

Could just be a biased sample. Probably not in the best situation to end up fighting Logan Paul. Or maybe I don't understand your system well enough

OK you're really not getting this. There's effectively 0 friction because when you get to the point where when they want to take it you can not physically stop them.

That is the physics of the situation

You're right that before that point you can't know exactly how the theater of lawfare will be done.

It doesn't matter.

The way in a car crash it doesn't matter if your licence is up to date or if the other guy did an illegal turn. None of that changes physics

There's enough compute right now to fuck up your network. Its order of magnitude more.

When they attack bitcoin they physically cannot get an order of magnitude more of hash power.

Do you see how one is a physical limitation and the other is just legal and economic.

Those are not the same category of risk

Life is work, work is life.

Except when I'm arguing with people who are wrong on the internet. That shit consumes me

One you dont like the slop do your own research

Two yes you are right the large public miners are known and will be used by the government to attack bitcoin.

They will control sometgin in the magnitude of 20-30% maybe its as high as 50or 60? dunno

The problem is that the same attack on monero means that there is 10x more hashnpower ready to go against all ofnthe potential hash power of all desktop and laptops if they all only mined. Maybedl its only 2x the amount.

But it's not 2x current monero hashing.

Its 2x all potential mining

Its Already lost

This is actually a great reason why having miners with alternative sources for income weakens your network.

In your attack scenario bitcoin miners can only make bitcoin so they are economically incentivised to make sure they are in consensus. While monero miners have a more complicated revenue function. They might earn mining monero or fiat with alternative uses. So their commitment to mining is not as strong.

In that sense monero nodes are less powerful since they can't dictate as much power of what they accept as monero consensus from and economic perspective while bitcoin nodes wield significantly more leverage over bitcoinn miners

Hash Power in Large Public Companies vs. Total Hash Power

As of the end of 2025, public companies engaged in Bitcoin mining represent a significant portion of the overall computational power available for mining, but exact comparisons vary.

Total Hash Power Overview

The total global hash power is estimated to be around 350 EH/s (exahashes per second). This value represents the combined computational capability dedicated to Bitcoin mining fundamentally across various industries, regions, and private operations.

Contribution from Large Public Companies

Large public companies, such as Riot Platforms Inc., Hut 8, and Marathon Digital Holdings, contribute a considerable share to the total hash power. Reported figures suggest these companies, in combination, account for approximately 20% to 30% of the total hash power. For example, Riot Platforms reportedly had around 8 EH/s dedicated to Bitcoin mining, equating to a significant fraction of the overall total.

Here's a breakdown of some key players and their contributions:

Riot Platforms: ~8 EH/s

Hut 8: ~4 EH/s

Marathon Digital: ~7 EH/s

Implications and Trends

The involvement of public companies in Bitcoin mining has implications for both scalability and resilience in the network. Their larger operational scales allow for capital investment in cheaper energy sources and advanced technologies, essential for maintaining competitiveness.

Moreover, there's a notable trend towards diversification, with companies pivoting more towards data center operations, blurring the lines between traditional mining businesses and tech-based solutions. This transition is critical as profitability from mining becomes more volatile due to fluctuating Bitcoin prices and rising operational costs.

Conclusion

In summary, while large public companies make up about 20%-30% of total hash power, the ongoing changes in the sector may lead to shifts in this dynamic. The rise of energy-efficient technologies and enhanced operational strategies will likely continue to influence the landscape significantly.

Very different landscape and magnitude in terms of concentration risk

Magnitude is all you need to know.

You have 2 problems.

1 if the government can win the mining with current hardware and energy by an order of magnitude in the best case scenario. And the concentration is probably increasing. You can't have decentralization.

2 you are in the timeline where bitcoin exists and is several orders of magnitude bigger. You don't even have the option of coopting government power like the way mining is getting integrated into power grid stsblization.

When I say the physics I'm literally talking about the physical characteristics that bound the possible outcomes over time.

A asset with 4% growth in supply will have more of it in the market than something with 2%

Doesn't men's people won't use the first thing. Just that eventually everyone ends up using the harder asset. Because cetris paribus people making the wrong choices will lose the purchasing power.

Looking at moe and sov an arbitrary moe will never replace the sov. But eventually the people with the sov will not accept the weaker moe if there's no one left to make the trade for the sov.

And if the sov was something that had poor moe functions you could argue the reverse (real estate not going to replace dollar) but bitcoin moe is pretty damn good.

Aggregate CPU Power: Datacenters vs. End-User Devices

When considering the aggregate CPU power of datacenters versus end-user devices in the U.S., the disparity is striking. Here’s a breakdown of the aggregated computational power of both setups.

Aggregate Power of Datacenters

Total CPU Count:

A typical large datacenter can house thousands to tens of thousands of servers. Assuming an average of 16 CPU cores per server, this can translate to hundreds of thousands to millions of CPU cores.

Performance Estimation:

If we estimate a conservative average of 10 teraflops per server, a datacenter with 10,000 servers could achieve:

10,000 servers Γ— 10 teraflops/server = 100,000 teraflops (or 100 petaflops).

Higher Scale Examples:

Major cloud providers like Amazon Web Services (AWS) or Google Cloud can aggregate even greater power, reaching 1 exaflop (1,000 petaflops) or more through optimized hardware and workload distribution.

Aggregate Power of End-User Devices

Total CPU Count:

There are approximately 300 million personal computers (desktops and laptops) in the U.S. Assuming an average of 4 CPU cores per device, this results in about 1.2 billion CPU cores.

Performance Estimation:

If we take an average performance of around 500 gigaflops per device, the aggregate computational power would be:

300 million devices Γ— 500 gigaflops/device = 150,000 teraflops (or 150 petaflops).

Summary of Aggregate CPU Power

Datacenters: 100 to 1,000+ petaflops (potentially reaching exaflops)

End-User Devices: 150 petaflops

This aggregate comparison clearly illustrates that datacenters collectively provide an order of magnitude more computational power than all end-user devices combined. The architecture and capabilities of datacenters offer substantial advantages for large-scale processing needs, whereas end-user devices serve general consumer purposes.

Chatgpt

You don't use fiat as money. You use it as a currency. No one saves in it.

In the us you save in harder assets like the 500 or real estate

You're confusing it because were in this 50 ish year abberation where the functions of money are split