Yotta It was July 2021. Moneybits covered the decline in the bitcoin mining hash rate that resulted from the Chinese mining ban. The hash rate dropped towards 100m TH/s. Today, just over four years later, that enormous number is 10x as large. We had this to say at the time: That is exactly what did

Stocks I am suspicious of the public markets. They have become a soup kitchen for retail clients to eat once the main meal is over. Perhaps the best example on a foodie theme is Beyond Meat. They raised their first private round in 2011. A few years prior to listing, they raised more money to

The Holistic View A $71 billion corporate treasury puts Michael Saylor at number five overall. Given the scheduled CAPEX of the three above him he might go past them before too long. The open question really is whether Bitcoin counts as a corporate treasury asset? The current answer seems to be no. Late last week

The Turing Test Turing called it the Imitation Game. He argued that asking “can machines think?” was “too meaningless to deserve discussion.” Instead, he devised something definitive. The Players: (A) A man. (B) A woman. (C) An interrogator (of either sex). The Setting: The interrogator is in a separate room from the man and the