Jaran Mellerud ๐ŸŸงโ›๏ธ Profile
Jaran Mellerud ๐ŸŸงโ›๏ธ

@JMellerud

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Offering #bitcoin mining solutions around the world with Hashlabs Mining ๐ŸŒ๐Ÿ‡ช๐Ÿ‡น๐Ÿ‡ซ๐Ÿ‡ฎ๐Ÿ‡ฐ๐Ÿ‡ฟ

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Joined July 2020
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
7 days
A revolutionary technology is emerging in Finland ๐Ÿ‡ซ๐Ÿ‡ฎ The Finns are now using #bitcoin mining to heat their homes. Learn more in this thread.
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
Which public #bitcoin miners will be the winners and losers of the bear market? I analyzed their cash flows and balance sheets to find out. A thread๐Ÿงต
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
3 years
One of Norway's richest men, Kjell Inge Rรธkke, with a net worth of $5.5 billion, is starting a Bitcoin company that will mine Bitcoin with stranded renewable energy, and has bought Bitcoin for around $60 million. Pretty damn cool.
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
11 months
A Norwegian energy producer dumped 340 GWh of hydropower in 2022 due to too high water levels in its reservoirs. This wasted power could instead have been used to generate 1,800 #BTC
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
Bhutan confirms they have mined #bitcoin for several years. Mining allows the country to monetize its massive excess hydropower capacity. Bullish on Bhutan๐Ÿ‡ง๐Ÿ‡น
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
Bitcoin miners don't consume energy - they generate heat. This heat can be repurposed and used to heat buildings or produce food. Few.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
A targeted attack on #bitcoin miners is taking place in Europe. Sweden increases the electricity tax for data centers by 6000% to curb the mining industry. @egreechee
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
Since I learned about the Lightning Network, I've been 100% certain that hyperbitcoinization will happen.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
Forget Pablo Escobar. The biggest cartel leader in the world is Agustin Carstens.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
11 months
Electricity prices in the Nordics continue to stay negative. #bitcoin miners in Finland and the northern parts of Norway and Sweden keep being paid to consume electricity ๐Ÿ‡ซ๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿ‡ด๐Ÿ‡ธ๐Ÿ‡ช
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Jaran Mellerud ๐ŸŸงโ›๏ธ
6 months
We urgently need more #bitcoin miners to come to Northern Norway๐Ÿ‡ณ๐Ÿ‡ด In 2022, my local energy producer dumped 340 GWh of water due to too high reservoir levels. This wasted power could have generated 1,800 #BTC
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
I can't get over the fact that #bitcoin mining allows anyone, anywhere in the world, to turn electricity into money. If that isn't revolutionizing, nothing is.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
Bitcoin mining is an energy refinery. It turns unrefined, stranded, and undervalued energy sources into high-value energy money. And I think that's beautiful.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
After I understood that #bitcoin mining will revolutionize the energy industry, I've had zero doubts about Bitcoin's long-term potential. The energy industry is the world's biggest industry, and they will get behind Bitcoin. Mark my words.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
It's crazy that Australia doesn't have more #bitcoin mining๐Ÿ‡ฆ๐Ÿ‡บ Enormous energy resources. Lots of space. Strong capital markets. Political stability. What else do you need, mate?
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Jaran Mellerud ๐ŸŸงโ›๏ธ
10 months
Bitcoin mining in the UAE ๐Ÿ‡ฆ๐Ÿ‡ช Air-cooling with water curtains in the middle of the desert๐Ÿช
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
For the first time in history, we have a global buyer of electricity: the #bitcoin miner. Energy asset owners globally now the optionality of two energy buyers: - the grid - the Bitcoin energy market This is HUGE
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Jaran Mellerud ๐ŸŸงโ›๏ธ
6 months
In Norway, we generate more hydropower than we can consume. We need more #bitcoin miners to come here to monetize the stranded energy. DM me if you want to build a mining site or host machines here. I can help you๐Ÿ‡ณ๐Ÿ‡ด
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Jaran Mellerud ๐ŸŸงโ›๏ธ
11 months
About #Bitcoin mining in Russia from the St. Petersburg Economic Forum๐Ÿ‡ท๐Ÿ‡บ - Mining is given the green light by the government - Many established capital players are entering the industry - Many power companies are involved
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
Bitcoin miners are so good at demand response that they could make peaker plants redundant. Peaker plant mogul Warren Buffett is scared and is now lobbying against miners. Learn more in this article:
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Jaran Mellerud ๐ŸŸงโ›๏ธ
29 days
Hydro-powered #bitcoin miners hashing in Ethiopia ๐Ÿ‡ช๐Ÿ‡น African bitcoin mining is just getting started ๐ŸŒ
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
I wonder why most of Texas bitcoin mining facilities are located so close to wind and solar farms ๐Ÿค”
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Jaran Mellerud ๐ŸŸงโ›๏ธ
6 months
Finland will become the biggest #bitcoin mining nation in Europe ๐Ÿ‡ซ๐Ÿ‡ฎ - Biggest nuclear power plant in Europeโ˜ข๏ธ - Massive wind capacity coming online๐Ÿ’จ - Miners can sell heat to district heating๐ŸคŒ - 85% up-time in September yielded about $15 per MWh in average electricity price๐Ÿค‘
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
How many #bitcoin have the public miners sold during this bear market? Hint: They have drained their holdings. A thread๐Ÿงต
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Jaran Mellerud ๐ŸŸงโ›๏ธ
10 months
I'm officially moving here in September๐Ÿ‡จ๐Ÿ‡ญ
@BitcoinNewsCom
Bitcoin News
10 months
NEW: Adam Back takes a stroll through the Europeโ€™s foremost #Bitcoin city, Lugano, ๐Ÿ‡จ๐Ÿ‡ญ Switzerland
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 months
I can't get over the fact that #bitcoin mining allows anyone, anywhere in the world, to turn electricity into money. If that isn't revolutionizing, nothing is.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
28 days
We will soon utilize the heat from #bitcoin mining to heat a city in Finland๐Ÿ‡ซ๐Ÿ‡ฎ Reach out if you want to mine with us and contribute to keeping the Finnish people warm during the winterโ™จ๏ธ
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
I recently spent some days in Kyrgyzstan and met with insiders in the country's #bitcoin mining industry. In this thread, I share some of the things I learned ๐Ÿงต
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
Yesterday I explained to my parents how #bitcoin mining generates heat. My mother instantly asked me if I could install a bitcoin mining machine inside her greenhouse to extend the growing season of her tomato plants. She gets it.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
10 months
The United Arab Emirates is emerging as the prime destination for #bitcoin miners in the Middle East ๐Ÿ‡ฆ๐Ÿ‡ช Read this thread to learn more - and don't forget to read the entire article at the end.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
Thanks to its stranded hydropower, Norway has become the biggest #bitcoin mining hub in Europe. But what else defines the bitcoin mining industry in this Arctic outpost?๐Ÿ‡ณ๐Ÿ‡ด Learn in this thread ๐Ÿงต
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Jaran Mellerud ๐ŸŸงโ›๏ธ
8 months
Oman has the potential to become the biggest #bitcoin mining hub in the Middle East. Read this thread to learn more - and don't forget to read the entire article at the end.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
6 months
I can't get over the fact that #bitcoin mining allows anyone, anywhere in the world, to turn electricity into money. If that isn't revolutionizing, nothing is.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
Many have questions about Core Scientific right now: - How did they get into this mess? - Who do they owe money to? - What could be the outcomes of this situation? - How could a bankruptcy affect the mining ecosystem? In this thread, I try to answer these questions ๐Ÿงต
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
My grandpa was the CEO of a major power-generating company for 25 years. Last weekend I explained to him how #bitcoin mining consumes energy and how it can revolutionize the energy industry. That was all it took to make this 85-year-old a bitcoiner.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
Bitcoin's hashrate is plummeting. In just two weeks, it has fallen by 12%. Why? Find out in this thread ๐Ÿงต
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
The direct bitcoin production cost impacts a miner's operating cash flow and determines when a miner is forced to turn off machines. Stronghold and Argo have the lowest direct bitcoin production costs, while Bitfarms and Hut 8 have the highest.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
@AlanRMacLeod I recently lived in Eastern Ukraine๐Ÿ‡บ๐Ÿ‡ฆ for 9 months, 15 km from the "war zone". The western media is far more obsessed with the conflict than local Ukrainians. It was weird to come back to Western Europe and hearing more about the war than I did when I lived 15 km away from it.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 months
Ethiopia is extremely forward-thinking to utilize #bitcoin mining to monetize its excess hydropower. It is a genius move. Read this article to learn 5 ways bitcoin mining benefits Ethiopia๐Ÿ‡ช๐Ÿ‡น
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
More renewable energy was wasted in Texas in 2021 than the energy consumed by the state's #Bitcoin miners.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
One year ago, a miner in Texas could produce one #BTC for $5k. Then the BTC price was more than $60k. Now it costs $14k to produce the same BTC, and the price is only $19k ๐Ÿคฏ Learn more in @hashrateindex 's Q3 2022 mining report by @AsILayHodling .
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
My dream is to own a nuclear power plant that powers a bitcoin mining facility that uses the waste heat to grow cannabis. That's circular economy in action.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
Why are most of Texas' bitcoin mining operations located in the western part of the state? Answer: Abundant wind and solar energy
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 months
One of the largest hydropower plants in the world is under construction in Ethiopia. Once it opens, the country's electricity surplus will grow from 3 GW to 9 GW. Ethiopia is made for #bitcoin mining, and #bitcoin mining is made for Ethiopia๐Ÿ‡ช๐Ÿ‡น
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
Hut 8 just revealed the state of its finances and operations in its latest quarterly report. How is it going with this Canadian bitcoin miner and data center operator? Find out in this thread๐Ÿงต
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Jaran Mellerud ๐ŸŸงโ›๏ธ
7 months
The most intelligent people don't overcomplicate things. Fixed supply -> Number go up.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
Hut 8 and US Bitcoin recently announced they will merge, creating a North American #bitcoin mining giant. Let's analyze this deal๐Ÿงต
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Jaran Mellerud ๐ŸŸงโ›๏ธ
11 months
Finland is Europe's unexplored #bitcoin mining frontier๐Ÿ‡ซ๐Ÿ‡ฎ Learn about this Nordic country's massive bitcoin mining potential in this thread๐Ÿงต
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
The Antminer S19j Pro is now cash flow negative at the average US industrial electricity price.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
I have a message to all climate activists - If you want to reduce emissions, mine #bitcoin of stranded natural gas. That's by far the most cost-effective way you can reduce greenhouse gas emissions.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
. @nic__carter wrote a phenomenal foreword for our recent research report about how #Bitcoin mining can transform the energy industry. Read his foreword in this thread ๐Ÿงต
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
Miners have started to dump their #bitcoin holdings. Public miners sold more than 100% of their production in May, a massive increase from the usual 25-40%.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
5 months
Ethiopia is the place to be for #bitcoin miners of the future: - Halving-proof electricity ratesโšก๏ธ - Massive hydropower surplus๐ŸŒŠ - Professional operators๐Ÿงฑ We can help you get started mining in Ethiopia๐Ÿ‡ช๐Ÿ‡น
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
My neighbor is a 60-year-old woman. Today out of the blue, she asked me if I could help her buy #bitcoin . She wants to buy the dip.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
Thanks to its massive amounts of stranded hydro and geothermal energy, Iceland has become the biggest hashrate producer per capita. But what else defines the #bitcoin mining industry on this volcanic island?๐Ÿงต
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Jaran Mellerud ๐ŸŸงโ›๏ธ
5 months
As predicted, #bitcoin mining companies are starting to go public outside the United States. The UAE will soon have its first publicly listed mining company๐Ÿ‡ฆ๐Ÿ‡ช
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Jaran Mellerud ๐ŸŸงโ›๏ธ
6 months
I just started my own newsletter about #bitcoin mining investing. In this first edition, I predict how mining stocks will perform in the next bull market. Check it out and subscribe if you like it!
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Jaran Mellerud ๐ŸŸงโ›๏ธ
6 months
I got my Russian mother-in-law to buy #bitcoin at $24k. I just told her the price is almost $36k. Her first reaction: "I need to buy more before it gets too expensive". I'm proud that she is already thinking like a true bitcoiner.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
6 months
All #bitcoin miners I have talked with expect a considerable hashrate decline following the halving. But nobody expects themselves to be the ones turning off the machines๐Ÿค 
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Jaran Mellerud ๐ŸŸงโ›๏ธ
6 months
Marathon just revealed the state of its operations in its latest quarterly report. How prepared is this mega miner for the #bitcoin halving? Find out in this thread, and don't forget to read the entire article at the end.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
5 months
We have #bitcoin hosting available in Norway for smaller miners. DM if you want to start feasting in Norway's massive amounts of hydropower๐Ÿ‡ณ๐Ÿ‡ด
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Jaran Mellerud ๐ŸŸงโ›๏ธ
5 months
Ethiopia has the greatest water resources in Africa but little local electricity demand. The country urgently needs #bitcoin miners to come and help monetize its otherwise wasted hydropower. DM me if you want to start mining in Ethiopia. We offer halving-proof hosting rates๐Ÿ‡ช๐Ÿ‡น
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
I'm long-term bullish on #bitcoin mining in Iraq๐Ÿ‡ฎ๐Ÿ‡ถ
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
Even if the bitcoin price reaches $2M by 2040, #Bitcoin miners will still consume less than 1% of the global energy. Spending less than 1% of the global energy to secure a global monetary system is worth it.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
4 months
The masculine urge to use the equivalent of a medium-sized city's electricity consumption to mine #bitcoin
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Jaran Mellerud ๐ŸŸงโ›๏ธ
8 months
CleanSpark is doing what any company in cyclical industries should - expand heavily during the bear market. Bullish๐Ÿš€
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Jaran Mellerud ๐ŸŸงโ›๏ธ
3 months
Ethiopia is made for #bitcoin mining. - cheap electricityโšก๏ธ - abundant hydropower๐ŸŒŠ - the country needs more exports๐Ÿ’ฐ - strong #Bitcoin adoption๐Ÿ‡ช๐Ÿ‡น That's why we mine there.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
4 months
The dumbest decision I ever made was not going all-in on #bitcoin mining stocks one year ago. I only allocated a meager 30% of my portfolio to the sector. How stupid.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
West Texas: - 31 GW of wind and solar ๐ŸŒช๏ธ๐ŸŒž - Only 6 GW of average load ๐Ÿ”Œ - Only 12 GW of transmission capacity โšก๏ธ Who will use the excess electricity and prevent waste? Maybe #bitcoin mining fixes this...
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
Cash is king in a bear market. The miners with the most substantial operating cash flows are best positioned to pay upcoming expenses, such as machine deliveries or debt payments. Core Scientific has the highest current operating cash flows.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
6 months
An interesting dynamic is playing out in #bitcoin mining right now. Miners' attempts to outpace each other in upgrading fleets ahead of the halving is leading hashrate to surge, causing even worse conditions for everyone. The game theory of mining never stops to amaze me.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 months
The biggest #bitcoin mining countries are: 1) ๐Ÿ‡บ๐Ÿ‡ธ 40% 2) ๐Ÿ‡จ๐Ÿ‡ณ 15% 3) ๐Ÿ‡ท๐Ÿ‡บ 12% Notably, there is relatively little hashrate in Africa and Latin America. This will change over the next 1-2 years.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
The biggest financial mistake many bitcoiners make is only investing in #bitcoin .
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
I recently spent two weeks in Kazakhstan and met with insiders in the country's #bitcoin mining industry. In this thread, I share some of the things I learned๐Ÿงต
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
The public miners are still dumping their #bitcoin holdings, but not nearly to the same extent as during the mining bloodbath earlier this summer. They "only" sold 6,200 BTC in July, less than half the amount they sold the previous month.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
I studied energy management at university and was the first student to write a master's thesis about bitcoin mining and energy. My prediction is that in five years, all serious energy universities will offer students the possibility to major in bitcoin mining.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
6 months
In the next bull market, the #bitcoin price will peak at $242k in early November 2025. I called it.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
Bitcoin miners are printing money right now. Hashprice hasn't been higher since June 2022.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
Riot Blockchain, one of the largest publicly traded #bitcoin miners, just revealed the state of its finances and operations in its latest quarterly report. How is it going with the Texas-based miner? Find out in this thread ๐Ÿงต
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
Finland just launched a new nuclear reactor - the most powerful in Europe. This massive influx of electricity generation capacity could make the country Europe's next big #Bitcoin mining frontier. Stay tuned for @hashrateindex 's article on Bitcoin mining in Finland๐Ÿ‡ซ๐Ÿ‡ฎ
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Jaran Mellerud ๐ŸŸงโ›๏ธ
6 months
Marathon already has $101m cash and 13.7k #BTC , giving it a total liquidity of $568m. Their liquidity and cash flows should be more than sufficient to fund upcoming CAPEX. Why on earth do they need to raise equity and dilute shareholders now?
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
I intend to heavily study the fundamental aspects of #Bitcoin and money. Shill me your best Bitcoin learning resources - the more advanced and abstract the better.
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Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
Thanks to its stranded hydropower, Sweden has become one of Europe's last #bitcoin mining refuges. But what else defines the bitcoin mining industry in this Arctic outpost? Learn in this thread ๐Ÿงต
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
In the long-term, #bitcoin mining is just a way to dispose of waste energy. An energy trash can, if you will. Few.
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
@AlpacaAurelius I lived in Ukraine for a year. They eat like horses and barely exercise, and nobody is fat there. A few things I noticed about their diet: 1) They eat lots of vegetables 2) They eat lots of meat and animal fat 3) They don't eat seed oils 4) They barely drink soda
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
1 year
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
The EU wants to halt #bitcoin mining operations in northern Norway, Sweden, and Iceland in case of an energy emergency further south in Europe. Energy is stranded in these places, so halting mining operations there will not lead to more energy on the continent.
@TheBlock__
The Block
2 years
EU Commission warns crypto mining may be halted in energy emergency
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
4 months
I expect the #bitcoin price to reach $100k by the end of 2024. What is your price projection?
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
6 months
Sweden just announced their intentions to launch 2.5 GW of nuclear power by 2035 and 12.5 GW by 2045โš›๏ธ Looks like #bitcoin mining will have an excellent long-term future in Sweden๐Ÿ‡ธ๐Ÿ‡ช
@Klimavenner
Klimavenner for Kjernekraft
6 months
Veldig gode nyheter for Sverige og oss som nabo! Den svenske regjeringen lanserer en plan for kjernekraft. Effekt tilsvarende to store reaktorer (2.5 GW) pรฅ plass senest 2035 Effekt tilsvarende TI store reaktorer pรฅ plass senest 2045 ๐Ÿ‘๐Ÿ‘
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
6 months
The total market cap of #bitcoin mining stocks is currently at only $8 billion, a massive decline from the $37 billion peak in November 2021. I would be surprised if the total market cap of mining stock doesn't surpass $75 billion in the next bull market.
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
A map of #Bitcoin mining facilities in Texas. Most of them are located in the western part of the state, where they monetize previously stranded wind and solar energy.
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
This chart shows the remaining machine payments in 2022 relative to the current operating cash flows. Marathon has 6.2 times higher remaining machine payments in 2022 than their accumulated current operating cash flow accumulated out the year. This will drain them of liquidity.
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
Most of these companies are struggling, and some will get into a liquidity squeeze that will force them to liquidate parts of their assets. In the midst of every crisis lies great opportunity, as the best-capitalized miners can buy the struggling miners' assets cheaply.
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
Energy waste is the biggest problem in the energy industry. #Bitcoin mining fixes this.
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
ASIC prices havenโ€™t been lower since January 2021. The prices will likely keep falling due to two reasons: 1) ASICs are still highly-priced historically relative to their current income 2) Some of the distressed public miners will have to dump their machine orders on the market
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
4 months
I approve of this commercial
@BitcoinMagazine
Bitcoin Magazine
4 months
JUST IN: ๐Ÿ‡บ๐Ÿ‡ธ Spot #Bitcoin ETF applicant Bitwise releases new Bitcoin ETF commercial ๐Ÿ‘€
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
21 days
Bitcoin miners busy at work delivering heat to a district heating plant in Finland ๐Ÿ‡ซ๐Ÿ‡ฎ We have a new #bitcoin mining heat-reuse site in Finland coming up and are looking for hosting customers. DM if interested.
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
5 months
Which countries are the biggest #bitcoin miners? 1) ๐Ÿ‡บ๐Ÿ‡ธUnited States: 40% 2) ๐Ÿ‡จ๐Ÿ‡ณChina: 15% 3) ๐Ÿ‡ท๐Ÿ‡บRussia: 12% Check out our latest article to learn more:
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
3 months
So many US-based miners hosted at $0.07 and above will become unprofitable following the halving. We can help you get started mining in Ethiopia at halving-proof hosting rates ๐Ÿ‡ช๐Ÿ‡น
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@JMellerud
Jaran Mellerud ๐ŸŸงโ›๏ธ
2 years
The cash outflows are also important. Some of these companies have hundreds of millions in remaining machine payments in 2022. Marathon has the most, with $260 million.
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