A new proposal for Bitcoin Quantum Computing resistance dropped this week, and we have an update on state-by-state data center moratoriums.
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Welcome back to Block Space Live! Today, Luxor’s Kaan Farahani Luxor and MIT DCI Director Neha Narula join us to respectively discuss the wild volatility of Bitcoin mining in Q1 and the question of Bitcoin’s quantum resistance. For news, explore a new stop-gap quantum-safe transaction fix that avoids soft forks, map out the states placing moratoriums on AI data center builds, and discuss the geopolitical shift of Iran accepting bitcoin for oil export tolls. We also break down reports of a buyer interest in Gemini’s defunct UK and European business arms and Nakamoto’s reverse stock split.
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Notes:
* New quantum proposal costs ~$200 per transaction
* Compute time takes roughly 6 hours
* March difficulty drop ranked 10th at 7.76%
* February saw 11.16% difficulty drop
* Maine bans data centers >20MW until 2027
* Buyer interested in Gemini’s shuttered UK/EU exchange businesses
*NAKA seeks 1-for-20 or 1-for-50 reverse stock split
Timestamps:
00:00 Start
02:42 Hashrate Index Update
05:04 Quantum proposal-palooza
15:54 Kaan Farahani
32:42 Neha Narula
48:39 Datacenter Bans
1:02:25 Gemini
1:06:59 NAKA scramble to remain on Nasdaq
1:13:59 Iran & Bitcoin
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CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world.
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