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Exciting times ahead for Elektron. We keep building.
Tether Investments Proposes Merger Plans at Twenty-One Capital to Accelerate its Strategic Direction
Read more: tether.io/news/tether-invest…
Elektron retweeted
A full reservoir is not idle capital.
It is the difference between choosing when to release and being forced to.
A miner that sells every coin at the market is a simple pass through. At Elektron, we hold by design, and release by decision.
Elektron retweeted
We mine for a network that pays two ways: new coins with each block, and transaction fees. As of today, new coins are 3.125 BTC per block and will halve around 2028.
What share of block revenue must come from fees for you to survive through the halving?
Successful bitcoin miners aren't only defined by the size of their operation.
They're defined by what they do when times are tough, hash price is down, and power is hard to acquire.
The best operators are drought tolerant.
Elektron retweeted
About 144 blocks a day.
Each one is a public record of work done. No edits after the fact*.
(*mostly)
Elektron retweeted
Bitcoin has halved rewards four times, each on an absolute, 210,000 block schedule.
Though the price swings, the arc of the trend does not. We size every decision to that arc, not the swing.
The protocol keeps its schedule whether or not the market does.
Elektron retweeted
A mining fleet at 99 percent uptime over a 30-day month loses about 7 hours a machine.
A fleet at 95 percent loses 36 hours.
Uptime is what differentiates excellence.
Elektron retweeted
"We have proposed a system for electronic transactions without relying on trust." - Satoshi Nakamoto
Elektron retweeted
Cost management is the base of every successful bitcoin miner.
Are your costs lower than last year?
Elektron retweeted
Building a mining business is a lesson in layers.
Mining machines, bought today, must be modeled against a future network with ever decreasing subsidies.
A 1.5625 BTC block reward is closing in, and we're building today to be ready for it.
Building a mining business is a lesson in layers.
Mining machines, bought today, must be modeled against a future network with ever decreasing subsidies.
A 1.5625 BTC block reward is closing in, and we're building today to be ready for it.
"We have proposed a system for electronic transactions without relying on trust." - Satoshi Nakamoto
A mining fleet at 99 percent uptime over a 30-day month loses about 7 hours a machine.
A fleet at 95 percent loses 36 hours.
Uptime is what differentiates excellence.
We mine for a network that pays two ways: new coins with each block, and transaction fees. As of today, new coins are 3.125 BTC per block and will halve around 2028.
What share of block revenue must come from fees for you to survive through the halving?
What happens after a miner finds a block?
1. It is announced to thousands of nodes, computers that each hold the full ledger.
2. Each checks the work and every transaction against the rules.
3. Order emerges from what is hard to do, but easy to prove.
A full reservoir is not idle capital.
It is the difference between choosing when to release and being forced to.
A miner that sells every coin at the market is a simple pass through. At Elektron, we hold by design, and release by decision.
About 144 blocks a day.
Each one is a public record of work done. No edits after the fact*.
(*mostly)
Bitcoin has halved rewards four times, each on an absolute, 210,000 block schedule.
Though the price swings, the arc of the trend does not. We size every decision to that arc, not the swing.
The protocol keeps its schedule whether or not the market does.
Tides are one phenomenon with a timetable printed years ahead.
A mining load is the demand-side equivalent: we can schedule to the minute and curtail at an operator's signal.
We never guess, and we never argue.
This is the kind of predictability grids love.













