KnifeWrench posted:

the entire market for these things is so openly and unashamedly degenerate that, if it's rare and you paid a lot for it, I don't know that it would significantly hurt your chances of finding a greater fool

like you could straight up skip the grift and tell people it's not the nft itself but a limited edition numbered link to the nft and it wouldn't make a difference to some of them (truthfully, it shouldn't make a difference to any of them, since it's literally the same thing)

Munkeymon posted:

diamond burns at like blowtorch temperature iirc

quote:

Less expensive industrial-grade diamonds, known as bort, with more flaws and poorer color than gems, are used for such purposes

Munkeymon posted:

diamond burns at like blowtorch temperature iirc

SubG posted:

my nft of all things without nfts clearly contains itself

Boxturret posted:

https://twitter.com/RealNatashaChe/status/1429577944888979462

bit ghoulish to be selling diamond ghosts

Shumagorath posted:

Wiki says it will burn in pure oxygen at that temperature but isn't self-sustaining in Earth atmosphere. Sure it's a nice lattice but they're still C-C bonds.

e:

Munkeymon posted:

I think it may have been dust I saw the guy burn in the video so maybe it was just that garbage diamond stuff

DerekSmartymans posted:

What is more immoral, a blood diamond or diamond ghost?

Shumagorath posted:

is that what Jeff is doing with serph accounts

Weatherman posted:

i`ll trade you boxturret for it

Beelzebufo posted:

https://twitter.com/DialHForHagai/status/1430160377044680708?s=09

https://www.forbes.com/sites/jonath...sh=48ce37b719cb posted:

* The only assets yet to be returned are USDT tokens valued at roughly $33 million that the token’s issuer, Tether, said it froze on Tuesday to prevent the hacker from moving the funds; Tether did not immediately respond to Forbes’ request for comment about its plans for the tokens.

Paladinus posted:

I'm going to start producing covid vaccine nfts. When you buy one, you can say you are vaccinated.

Chris Knight posted:

lol
https://twitter.com/bryanrbeal/status/1430303899089612808

quote:

When residents of an affluent estate community in Alberta started hearing noise from a nearby power plant, they didn't expect their complaints of sleepless nights would lead to a months-long investigation that would find the company had set up operations without approval.

Now, Link Global, the company behind the bitcoin mining operation, is being ordered by the province's utility commission to shut down two plants until it can prove it's allowed to operate — a move the company says will cost jobs and cause oil and gas infrastructure to sit dormant.

...

"We have a hot tub in the back. We'd go sit and go, hey, what is that airplane landing in our field?" Haas said.

...

Link Global, based in Vancouver, had set up four 1.25 MW gas generators at the site, pulling power from a dormant natural gas well owned by Calgary-based company MAGA Energy.

...

There was just one problem. The company hadn't notified neighbours of its plans. Or the county. Or the provincial utilities commission — which allows power plants to be set up without approval if they meet several conditions, including only generating power for the company's own use and proving the plant has no adverse effects on people or the environment.

...

AUC enforcement investigators wrote that Link Global initially claimed it had an "extensive history" of consultation with the AUC, Sturgeon County and neighbouring residents — but that the company provided no evidence to back that up. A month later, in June, the company finally acknowledged it didn't notify or consult local stakeholders, as it said it was "unaware of the statutory and regulatory requirements."

Link Global had told the AUC in a January letter that it had done a noise impact assessment that found no change between the plant being turned on and off.

But it didn't provide a copy of that noise assessment — instead, it just gave a link to a non-functioning online folder followed by the note "(SORRY LINK IS NOT WORKING)." It also provided a sheet stating the company meets U.S. emission standards but initially provided no evidence as to whether it met Alberta standards.

...

The company temporarily shut down operations following the AUC order and began operating only during daytime hours (it took a few days to wind things down, another item of contention in AUC enforcement filings). Link Global also implemented noise abatement measures such as a wall of straw bales and exhaust baffles.

...

But Jenkins, who has a background in forestry and international clean energy development, argues the operation can provide an environmental benefit.

"You're using underutilized or unused power, or even retooling and retasking existing infrastructure. We wouldn't go in and put a new well in," he said.

...

On Friday, the AUC ruled that both the Sturgeon County and Kirkwall plants were in contravention of the rules.

They have to shut down operations immediately and can only resume once Link Global has proven that it's either obtained permission under the province's environmental protection act or confirmation that permission is not required.

The company will also have to pay penalties — a $50,000 to $75,000 fine, reduced by up to 50 per cent because Link Global admitted to breaking the rules.

"The commission does not take lightly that Link Global began operating multiple power plants in a jurisdiction with which it had no familiarity, and failed to conduct a basic level of due diligence to understand the regulatory regime in which it was operating," the commission ruled.

...

More penalties could be on the way. The commission will now review whether specific sanctions should be imposed against Link Global for operating without approval — a decision on that is expected this fall.

HappyHippo posted:

But it didn't provide a copy of that noise assessment — instead, it just gave a link to a non-functioning online folder followed by the note "(SORRY LINK IS NOT WORKING)."

HappyHippo posted:

Link Global, based in Vancouver, had set up four 1.25 MW gas generators at the site, pulling power from a dormant natural gas well owned by Calgary-based company MAGA Energy.

Shame Boy posted:

i really hope they chose that name before like, 2015

quote:

MAGA Energy Ltd. (Make Alberta Great Again) is a private oil & gas production company based in Calgary, Alberta, with 20 employees. Current total production is approximately 1800 BOE/day, equally weighted between oil, gas, and natural gas liquids. The total well count of MAGA is approximately 250 with 95 producing wells. MAGA’s land position consists of 100 sections (64,000 acres), the majority of which carry a 100% working interest.

quote:

"There's definitely a lot of concern that I think is warranted around the environmental impact of bitcoin and what is the benefit of using all of this energy … and in particular the potential for bitcoin operations to end up extending the lifetime of older energy infrastructure that would otherwise be retired," she said.

But Jenkins, who has a background in forestry and international clean energy development, argues the operation can provide an environmental benefit.

"You're using underutilized or unused power, or even retooling and retasking existing infrastructure. We wouldn't go in and put a new well in," he said.

HappyHippo posted:

Chris Knight posted:

lol
https://twitter.com/bryanrbeal/status/1430303899089612808

quote:

But it didn't provide a copy of that noise assessment — instead, it just gave a link to a non-functioning online folder followed by the note "(SORRY LINK IS NOT WORKING)."

Shame Boy posted:

is it too early for a new thread title?

buttcoin: democratizing finance the same way we democratized Afghanistan

Boxturret posted:

alberta has counties?

Beelzebufo posted:

This is a stage beyond commodity fetishism. I don't think Marx could have envisions something so nakedly stupid and avaricious.

Shame Boy posted:

is it too early for a new thread title?

buttcoin: democratizing finance the same way we democratized Afghanistan

Shame Boy posted:

is it too early for a new thread title?

buttcoin: democratizing finance the same way we democratized Afghanistan

Powerful Two-Hander posted:

I'd go for "buttcoin: the future of nothing"