Cathedra Bitcoin Inc. (TSX-V: $CBIT; OTCQB: $CBTTF) is a bitcoin mining company that believes sound money and abundant energy are the keys to human flourishing.
New blog post out now:
@IsaacFithian
discusses the art of underclocking bitcoin mining machines using Cathedra's aftermarket firmware, CathedraOS
$CBIT $CBIT.V $CBTTF
And this slide illustrates why we are so excited about this new business model (and the deal):
@KungsledenInc
can build bitcoin mining data centers cheaper and faster than anyone else
- At $170k/MW Kungsleden has some of the lowest development costs in the industry
- Once
Last week Cathedra announced its proposed merger with
@KungsledenInc
Over the next few weeks we’ll be unpacking some of the details of the transaction
To start, we will keep it simple. Kungsleden is a developer and operator of alternative high-density compute infrastructure.
Fortress Technologies Inc. is pleased to announce that, well-respected thought leader,
@MartyBent
will be joining the Company’s Board of Directors effective immediately. Find the complete news release here:
Cathedra CTO
@Rete_B
and CFOMO
@IsaacFithian
have been hard at work putting Bitmain’s popular S19J Pro through its paces to see what the machine is capable of. This is what we found
For this analysis, we used a 96 TH/s S19J Pro and focused only on underclocking the machine
1/
Cathedra Bitcoin announces merger with
@KungsledenInc
to create an infrastructure company for the digital economy
Find the complete news release here:
$CBIT $CBIT.V $CBTTF
Fortress Technologies is pleased to announce the appointments of AJ Scalia as Chief Executive Officer and Drew Armstrong as President and Chief Operating Officer.
Find the complete news here:
Our latest blog post is out now, a republication of a Twitter thread by CFOMO
@IsaacFithian
and CTO
@Rete_B
discussing underclocking Bitmain's popular S19J Pro machine:
$CBIT $CBIT.V $CBTTF
Last week Cathedra announced its proposed merger with
@KungsledenInc
Over the next few weeks we’ll be unpacking some of the details of the transaction
To start, we will keep it simple. Kungsleden is a developer and operator of alternative high-density compute infrastructure.
We were honored to participate in the New Hampshire Commission on Cryptocurrencies and Digital Assets. We have been very impressed with the forward thinking policy makers in the state and how deeply some of them grok
#Bitcoin
. Together, we win
We have long emphasized the importance of diversification, both in terms of geography and energy source. The new Cathedra will continue this approach, following the best opportunities with an eye toward maintaining a balanced portfolio of infrastructure
Growth will not always be
Zooming out, this new business model and expertise will empower the Company to toggle between the fixed-margin hosting business and variable-margin prop mining
- The fixed-margin hosting business provides downside protection + defensible post-halving cash flows
- Meanwhile,
Now, for a closer look at the
@KungsledenInc
recipe:
- Rapid growth
- Quick builds
- Low cost
- Solid margins
In short, the team uses their extensive experience developing fit-for-purpose infrastructure to build quality bitcoin mining data centers faster and cheaper than the
Cathedra Bitcoin is pleased to announce the additions of Isaac Fithian, Rete Browning, and Tom Masiero to its management team.
View the complete news release here:
"The management team at Cathedra reviewed their existing operational effectiveness, and realized they could increase profit by optimizing their fleet without adding new capacity or spending money on new mining rigs..."
#CockroachMode
After receiving questions from shareholders, we would like to provide some guidance on when $CBIT shares might begin trading again
The trading halt is typical for M&A transactions and is put in place by the exchange while they review such transactions to protect shareholders. As
Cathedra Bitcoin announces its first batch of Bitmain Antminer S19j Pro machines has shipped and will be delivered to the Company's Washington facility in the coming days.
Read the complete news release here:
$CBIT $CBIT.V $CBTTF
1/ SXSW starts tomorrow but there isn’t a single track on
#bitcoin
so we decided to take matters into our own hands. Thanks to all the bitcoiners for stepping up. Book your flights for Austin. March 17th Bitdevs. March 18th double trouble. The Bitcoin Commons presents.
Cathedra Bitcoin is pleased to announce the additions of Isaac Fithian, Rete Browning, and Tom Masiero to its management team.
View the complete news release here:
Fortress Technologies announces the upsizing of its previously announced convertible debenture financing to CDN$25,000,000 due to strong investor demand
Find the complete news release here:
Fortress Technologies is pleased to provide an update on operations and business development in its strategic venture with
@GAMdotAI
Find the complete news release here:
Fortress Technologies provides updates on strategic venture with GAM, recent purchase of 180 Whatsminer machines, results of annual general meeting, and grant of RSUs
Thus concludes our investor deck walk through
Here’s a final look at the pro forma company
We will continue to share more news in the coming weeks and months
To say nothing of the people. With hundreds of MWs of data center development experience and decades of (combined) bitcoin mining experience, we think the pro forma company will boast one of the best teams in the industry
Developing thesis... the real decoupling is habbening.
ASIC prices declining vs. rack space assets mooning in value. ($1.22m/MW for that site purchase)
Sound money and sound energy could solve soaring consumer prices and ensure prosperity, argues Cathedra
#Bitcoin
The miner is working towards a better monetary and energetic future in the U.S. through a Promethean rather than Malthusian approach:
Bitcoin mining is igniting an engineering Renaissance that many aren't aware of.
@Rete_B
and
@IsaacFithian
dive into everything a miner needs to take into consideration when building. From different off-grid models to underclocking strategies. ALPHA drip.
Zooming out, this new business model and expertise will empower the Company to toggle between the fixed-margin hosting business and variable-margin prop mining
- The fixed-margin hosting business provides downside protection + defensible post-halving cash flows
- Meanwhile,
Our first blog post is out now: a republication of a long-form piece by
@_drewarmstrong_
and
@ajscalia
on bitcoin mining and the future of energy production
$CBIT $CBIT.V $CBTTF
And to further diversify, we are actively exploring new business models as well, specifically in the market for high performance compute
While different data centers have different requirements, we believe our fast, cheap development model can be applied to any industry to
We have long emphasized the importance of diversification, both in terms of geography and energy source. The new Cathedra will continue this approach, following the best opportunities with an eye toward maintaining a balanced portfolio of infrastructure
Growth will not always be
To say nothing of the people. With hundreds of MWs of data center development experience and decades of (combined) bitcoin mining experience, we think the pro forma company will boast one of the best teams in the industry
And to further diversify, we are actively exploring new business models as well, specifically in the market for high performance compute
While different data centers have different requirements, we believe our fast, cheap development model can be applied to any industry to
Now, for a closer look at the
@KungsledenInc
recipe:
- Rapid growth
- Quick builds
- Low cost
- Solid margins
In short, the team uses their extensive experience developing fit-for-purpose infrastructure to build quality bitcoin mining data centers faster and cheaper than the
And this slide illustrates why we are so excited about this new business model (and the deal):
@KungsledenInc
can build bitcoin mining data centers cheaper and faster than anyone else
- At $170k/MW Kungsleden has some of the lowest development costs in the industry
- Once
We will continue experimenting with different clocks on different machines and will post any further findings in due time
Until then: together, we win
21/21
Head of Business Development Tom Masiero joined
@max_gagliardi
for a live, in-person podcast rip at the Empower conference in Houston yesterday. Catch the recording here 👇
@TalkEnergyPod
$CBIT $CBIT.V $CBTTF
Had a chance to sit down live with Tom Masiero to record Talk Energy
#106
:
Tom is an off-grid Bitcoin miner who has been a catalyst that has merged the traditional energy industry with Bitcoin
(I cleaned up the background noise in post production)