One of OG ordinals artists, the indomitable
@ccovvrr
, had a superlative early launch called CVR HEDS (those who know, know)! After a spin through
@billyrestey
’s BITBLOCK “generator,” a grail turns into canary yellow magic!
I inscribed my first ordinal and it’s a bit “meta.” Got a
@PepesPixel
, and queen
@phama333
turned it into a painting that I transcribed into the blockchain using
@ordinalswallet
., Inscription
#9886150
. If you are actually having FUN with BTC, are you a maxi or just a degen?
@DavidJAdler1991
David, as suspected, a total 180 flip on loans plan and lack of communication with you confirms a total breach with debtor and UCC. They are unworthy partners. It's time to act on your adversarial pleading. A loan agreement signed under fraudulent misrepresentation is void.
@WClementeIII
Ok it’s a bit complicated. Celsius has roughly 2.5 billion of crypto being returned to creditors starting Jan 31 (maybe a bit later), using PayPal as the distribution agent domestically, and Coinbase for international creditors. There are 550,000+ creditors in the Celsius case.
@icyopro23
So
@PaulBPrager
and Beowulf Energy is playing chess at Lake Mariner by partnering with HOPA to open a bi-national short sea shipping corridor between Hamilton, Ontario and the Lake Mariner site. Energy infrastructure, transportation infrastructure. Imagine what’s coming next for
Looks like a BRC-20 mint/transaction is happening right and the mempool is HOT. 2.5 BTC in transaction fees last block and the mining pool is happy. The transaction fee flywheel for miners will return soon enough!
@mikealfred
@elveton101
@CelsiusUcc
You sure, Tony?
@JoeyHendrickson
says that
@Silkee_D
says the mini-lite NewCo is super duper cool! I mean, Scott even mined BTC in his basement ! He’s done so much to earn my trust ! How can I not follow his lead - revealed through influencer third party agents ? Bullish.
My latest article for
@CoinDesk
in support of their
#BTC
miner week, takes a look at how miners are currently preparing for the
#Bitcoin
halving in April 2024.
On May 16,2023, at the height of meme season (after the coffee mug and NYC skyline shots), meme lord
@arrington
posted not a meme, but the parable of the scorpion and the frog! It’s worth a re-read. Well played, ser! It’s always a good reminder that a scorpion can’t change its
$WULF releases preliminary 2023 (non GAAP) and 2024 forward guidance. Very transparent post halving 2024 cost to mine BTC model with all-in costs ($36,780) all in ($21,640 power breakeven)
In 2023, we achieved significant milestones by initiating and delivering rapid organic growth at our existing sites, prioritizing debt repayment, and fortifying liquidity. We look forward to sharing comprehensive details of our fourth quarter and full-year 2023 results, as well
More proof that potential spot
#Bitcoin
ETF issuers are in communication with SEC regarding changes/amendments required for SEC to consider approving. Positive signs IMO
@cryptoyolo7
@JerryMassey
@CelsiusNetwork
@CelsiusUcc
So new hearing for the modification of the plan, more objectors to the “new” plan, will BRICS object, apply leverage, get settlement… hey I think I am starting to understand bankruptcy !
@elveton101
@Purple_Pupp
Why should USBTC buy our mining now, when they can use creditor money to build out Cedarvale, collect the inflated fees to build it, and additional 20 million a year to manage the fleet, let it fail and acquire the distressed asset in 2 years for pennies on the dollar? If you
@icyopro23
One possible benefit of a port could be a designation of a foreign trade zone (FTZ), which could enable reduced and deferred duties and fees and other savings on imported goods, that may include miners or GPU's. Seems worth the effort!
Counterfeit Cards : Series 00
Card 01 :
@ChudoSasshha
‘Make Bitcoin Green Again’
Artifact holders:
Live Now // .000888 BTC
Card 00 holders:
July 6 - 10:00 ET // .001 BTC
99 Available // 111 Total
Apollo joins NovaWulf Celsius bid. Hmmm…press bid leak but theyNDAoors are still under NDA and booted from auction proceedings ? A reminder that Apollo and Figure have an existing relationship w/Prov blockchain.
@SimonDixonTwitt
@cryptoyolo7
@elveton101
@CelsiusUcc
This interview with
@TeraWulfInc
CFO Patrick Fleury and B Riley is a must watch for trying to understand the intersection of BTC mining and AI/HPC, especially after CORE deal. We are so early and you are not bullish enough!!!
#WULFPACK
@adamscochran
This is exactly how was done in Celsius and Voyager cases and is US bankruptcy law. Claims are dollarized (set in USD) on the bankruptcy petition date. If you get crypto back (not USD), the crypto is valued on the effective date at plan emergence (a double haircut). For
@SimonDixonTwitt
This is what Anti-Israel propaganda looks like from a Non-US resident looking to foment fear and distrust inside America. Fatal violence inside the US has already occurred in the past 2 weeks because of this issue, so imagine the hypocrisy of calling yourself a peace activist
@SimonDixonTwitt
Under-clocking, optimizing miner efficiency and life, hedging hash rate with options contracts, immersion, grid flexibility, ESG. Let’s educate 75,000 new retail mining investors how mining Cos are preparing for the halving! Let’s go !!!!!
Huge $WULF stealth video announcement, building 3 on schedule; and a new building 4 begun (10,000 miners) for a total 10 Ex/H !
@elveton101
@MortensenBach
Let’s go !!!
When I first met
@PARIS_sats
and Julio
@superjulioworld
, I knew it would be the realization of a singular artistic vision and an exercise in world building. What a spectacular ride it has been!
@JoeyHendrickson
@elveton101
@CelsiusUcc
@Silkee_D
Chat GPT: respond to this tweet in a combo style of “false flattery” and Dale Carnegie’s classic grifter manifesto, “How to Win Friends and Influence People.” PS: Make me sound “smart,” like Mensa level smart, please🙏
@AlexMicMac
@Silkee_D
@ThomasADiFiore
Who in the loans ad hoc parlayed their diligent work for creditors into a meaningless but paid board observer role; and in return, got muzzled willingly by an NDA and had to publicly support of a plan with glaring deficiencies? Oops, wrong ad hoc! Which creditor had the courage
@booklilifee
@Silkee_D
@CelsiusUcc
at 12:59 Core says they can buildout their existing facilities at $200/MW. Cedarvale is a Core facility and we are going to pay $395/MW under new plan. Time for more due diligence ?
5/
#PrimeTrust
's customer agreement, as I explained in the debate, used murky terms that likely will be fought over in Chapter 11. Here's an example that may make it tough for customers to argue that this particular group of assets belongs to customers rather than to the estate👇
@cryptoyolo7
@CelsiusNetwork
@CelsiusUcc
A total and complete grift. LeBlanc/Milbank gets an Oscar for their adversarial court theatre! The only objective was pocketing legal fees. 1 million for cl B after all that drama? Lesson: you can get adversarial/pit bull legal rep in federal court, just have 25 mm on the table!
@icyopro23
So
@PaulBPrager
and Beowulf Energy is playing chess at Lake Mariner by partnering with HOPA to open a bi-national short sea shipping corridor between Hamilton, Ontario and the Lake Mariner site. Energy infrastructure, transportation infrastructure. Imagine what’s coming next for
@AlexMicMac
@z0roProfit
@DavidJAdler1991
@SimonDixonTwitt
@DavidJAdler1991
gave the entire community legal advice for months (paid by loans) and you were happy to receive it. Now question his intentions? You folks need to understand how litigation works. The parties obviously can’t reach an agreement. So now loans flex max leverage.
@NorthRockLP
Spend time in the ordinals community. In a few weeks, thousands of ETH/Solana NFT degens are being onboarded onto fair launch BTC jpegs/inscriptions for the first time, and I have to say it’s the most fun I’ve had with BTC and NFTs in years. It’s a vibe!
$WULF Reports Fully Funded 7.9 EH/s and Future Expansion Plans 🐺🙌
⛏ Fully funded 7.9 EH/s, increasing self-mining capacity by 58%
⛏ Building 3 at the Lake Mariner facility now fully operational
⛏ Planning for additional growth with construction of Building 4 already
@KeliCallaghan
@FahrenheitHldg
And for the first crypto bankruptcy that was grassroots “influenced” by crypto twitter/twitter spaces giving creditors a voice in the plan, your team never underestimated the power of a good meme! After months of pain, thank you for bringing competence and brevity to the space!
Why are the
#Bitcoin
miners so weak again? They are getting killed even as Bitcoin is up big and other Bitcoin related stocks are hitting record highs. If I was long Bitcoin I would be worried about this divergence. It could be a sign of trouble ahead for Bitcoin itself.
@elveton101
@SECGov
@CelsiusLoans
Creditors want optionality besides Applebees. Gift card “upfront” equity Plan: BTC holders get Waffle House, ETH gets IHOP, XRP gets Dennys, DOGE/SHIB gets Shake Shack, and CEL token full redeem at 0.81 at Cracker Barrel
The epic sat mined by ViaBTC on block 840,000 is at auction (25 hours left) with the current highest bid at 5.5 BTC. Follow the auction here (or place a bid)
@elveton101
@camcrews
Only in Celsius bankruptcy, and fresh from the WhiteCase billables, Mr. Wofford reviews the sale of Jason Stones Mutant Ape NFT! 😂🥹
@AlexMicMac
@z0roProfit
@DavidJAdler1991
@SimonDixonTwitt
The bid is essentially done, and lawyers are negotiating. Retail twitter commentary means very little at this point. Let the lawyers do the work, sit back, eat some popcorn and watch the theatre. This is litigation 101 folks.