SPACE, AI, AND BATTERIES: CRYPTO-CURRENCIES JUST BECAME MORE ...
This story was spotted by a number of people and it's one of those "this must be talked about" stories. The trouble is, I don't know exactly what to say about it, and apparently others don't either. But as usual I have a lot of high octane suspicions.
The story is basic enough: a corporation, about which not much is known other than it specializes in blockchain technology, recently bought a rather large package of land outside Reno-Tahoe, Nevada: https://www.zerohedge.com/news/2018-01-30/unkown-group-pays-175-million-74000-acres-nevada-mysterious-ethereum-project
One story that has emerged with the rival of crypto-currencies is the massive amount of electricity it requires to "mine" them and execute transactions. Hence, many "Miners" are moving to Winnepeg, Mannitoba:
Earlier this month, we reported that a Russian businessman had purchased two vacant power stations in the Perm region with the intention of setting up a large crypto mining operation - the latest sign that miners are moving to fill the void left by China's crackdown on cryptocurrency miners, who had previously enjoyed heavily subsidized power.
As for North America, we've already noted that miners are clustering in Winnipeg City, Manitoba, the town with the cheapest electricity on the whole continent.
High Octane Speculation Number One
But a bigger clue as to what may be afoot is suggested by this revelation:
The park has managed to attract dozens of tech firms, including several notable names. Back in 2014, it made headlines when Tesla selected the park as the site for its Gigafactory. Google and Switch also have campuses there.
Tesla's gigafactory is designed to produce powerful lithium-ion batteries, which have had some problems making them for its new vehicle models:
https://www.cnbc.com/2018/01/25/tesla-employees-say-gigafactory-problems-worse-than-known.html
Such batteries would, of course, be a handy thing to have around for space requirements, and Tesla founder Elon Musk is well-known for his corporate space ventures. But such batteries could also, perhaps, be used or integrated in massive corporate crypto-currency transactions (call that high octane guess a "wild guess"). That suggests in its turn that perhaps the next stage of crypto-currency development is to move clearing operations off world (a handy idea for conducting financial clearing operations to and from deep space, as is the blockchain itself ).
In short, and to put it "country simple", I suspect, as high octane speculation number one, that these corporate moves are both (1) coordinated and (2) space-related.
High Octane Speculation Number Two:
Given the presence of Google, and given its relationship to the intelligence community and its interest in quantum computing, quantum encryption, and artificial intelligence, that these things are also part of the picture. Quantum encryption methods have already been amply demonstrated by China in ground-to-space and space-to-ground transmissions. And as I have written on this site previously, such steps appear to me to be part and parcel of China's and other nations' efforts to create an alternative space-based financial clearing system by-passing the West's SWIFT-based system. Such steps can also be viewed as a component of a possible wider and unified global agenda of building redundancy into the international clearing system, as Catherine Austin Fitts has suggested. In other words, they are creating not an alternative, but a back-up. If this is the case, then yet another question occurs, for building redundancy into systems is an insurance policy against disaster. The question is, who, or what, are "they" afraid of? Asteroids? or the classic sci-fi Hollywood B movie Invaders from Outer Space scenario?
High Octane Speculation Number Three:
Lately there have also been stories suggesting that large Nevada casinos have been using the "down time" on their computerized slot machine networks to mine crypto-currencies, and a number of stories have also circulated that certain types of nefarious groups, including "neo-Fascist" types of group, have been using crypto-currency speculation to fund their "operations." Additionally, there have been all sorts of financial wheelings and dealings connected to last year's tragic Las Vegas shooting, which was quickly followed up by the arrest of Saudi billionaire prince Al-Waleed bin Talal, who had major stakes both in the Mandalay Bay Hotel and in communications technologies. (AL Waleed, incidentally, has recently been released by the Saudi government, after the "shakedown" operation was concluded. Some have suggested that his release is only the beginning of his problems, with further troubles looming courtesy of the US government.) In any case, it looks as if this land purchase is directly related to corporatizing and vastly expanding the crypto-currency phenomenon (already futures are being traded).
Finally, there are of course other possibilities, including the possibility that all three of these scenarios are in play, and that they are somehow all intertwined.
This may be, and I strongly suspect is, a development to watch carefully.
See you on the flip side...
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why aren’t any of these future currency oligarchs who are fighting it out leveraging their position with an energy source more in line with tesla yet? or is someone with legal patent ownership already doing that?
since the bottle neck on this latest economic bubble is energy production, doesn’t it follow that whoever has the best leverage on tech and energy production is out ahead of everyone already?
I live in Winnipeg, Canada. To be honest I haven’t been watching local news very closely lately. I do know that we have one “mine” about 20 minutes outside the city in an former car museum
http://www.cbc.ca/news/canada/manitoba/bitcoin-mining-greenhouse-fish-farm-1.4470295
This province has oodles of cheap hydroelectricity so who knows how this could go. I will keep an eye out for local developments and post when I see anything of interest
Roger
Serendipitous: I just ordered a new book coming that’s coming out soon. It takes place in Winnipeg/Clean Sweep: A crime novel by Michael J Clark.
It’s his first novel and he lives in Winnipeg w/his wife Carol.
Interesting that the federal government owns 84.9 percent of the land in great state of Nevada.
I read the cited article a couple of days ago, over at ZH. At the time, it smelled fishy so I read further into Tahoe-Reno Industrial Center. The cluster of buyers just reeks of some deep-state ‘op’.
First, why does “Blockchains, LLC, a business that studies and develops applications for blockchain distributed ledger technology, the decentralized platform that makes up the backbone of Bitcoin and other cryptocurrencies” need 67,125 acres for basically some offices and a large server room? And why stick it out in the middle of nowhere? You’d have to fly the techies out-and-back to ‘civilization’ like they do to Area 51. Oh wait, did I say that out loud? Something very covert is going-on there, under the cover of a ‘front organization’…
Second is the presence of Google. “Google purchased 1,210 acres at the park last year, and data center giant Switch operates a 2,000 acre campus at the park.”
Couple Google, Switch, and “Blockchains, LLC” and you have the makings of a closet data-mining facility, out in the middle of nowhere. Tesla could have been leaned-on to pick that one site, out in the middle of nowhere, from a gaggle of wanna-be States competing for the jobs produced by the Gigafactory. Tesla could be a ‘participant’, possibly for battery-power sales to the emerging closet data-mining facility, or might have just been a convenient ‘anchor’ patron like Sears in a Mall.
I would also like to throw into the mix that the Rothschild clan determined that Reno, Nevada – not that far away – would be the new, world-class ‘offshore’ Cayman Islands-type “money management” center. (And, note that the RepubliThugs and The Donald have just signed-off on a 15% tax reduction for corporations, which just happens to make Reno a good place to bring offshore stashed-money “home”). Ah, what a tangled web…
Tesla does not make battery cells. All the battery cells are made by Panasonic either in Japan for the model S and X or in the Gigafactory for the model 3. Tesla leases space in the Gigafactory to Panasonic, but the battery cell production equipment is owned and operated by Panasonic. The huge battery Tesla installed in Australia was assembled by Tesla, but the actual batteries were purchased from Samsung. Sorry to hijack the thread, but the public makes a lot of positive assumptions about Tesla that are just not true.
If the cryptocurrency is digital why would they need to buy real estate in the first place? There is something of a dead fish smell to all of these financial moves what is going on behind the curtains want are they hiding?
Bingo Marco , huge tracks of land.? Macro view -nothing coming in good of these organizations agenda 21 smart world ?
Again in the spirit of imagining outside the “normal” parameters of “established” thought processes and…
…twisting the ‘Ancient Aliens’ History Channel’s meme…
What if, the public is enemy #1 of the worldwide governments’ rogue cartel[or, one could entertain, at least 1/2]; and “they” are inherently afraid of the “public” waking-up to the fact that they have been crucified for God knows how long. The 1% certainly have control of the 99%[or close enough to drive the context of vast inequalities of industrial strength injustice being cruelly nailed into humanity, & to bear that cross needlessly].
A corrupted control that screams,
DO AS I SAY!!! ; not as I do.
What if Napoleon’s warning of, Beware the Dragon when she awakens, refers to the unenlightened public that awakens?
Slaves of all shades
becoming self-liberated
in mind, body, & soul?
@RB -Industrial strength injustice – brilliant! I thought it was freedom and democracy.
LOL!
These batteries are too good. The latest ones make gasoline engines obsolete. https://www.extremetech.com/extreme/182500-dual-carbon-batteries-is-this-finally-the-breakthrough-weve-been-promised-for-so-long
Hemp is even better than cotton. This channel reveals all the secrets for free that others are trying to patent and hide. Dual carbon batteries are game changers. https://www.youtube.com/watch?v=or6rO5_bze0
The batteries just replace the gas tank. It is what charges them that matters. Right now, when you plug in an electric car you are just causing a petroleum power plant to increase power output. The solar/wind power plants are already at 100%.
A solar panel paint job and parking out in the sun might supply most peoples daily motive power needs. Solar panels have come a long way as well and the better ones are already being suppressed. The problem until now with powering most things with sun power has always been storage issues. That issue has now been solved. Also imagine solar collecting parking lots and roof tops. The cheaper and more efficient solar becomes the less you hear about it.
If this technology proves-out, expect lithium to be the latest ‘resource’ that wars are fought-over or that regimes are changed-for…
http://www.abc.net.au/news/2017-11-23/worlds-most-powerful-lithium-ion-battery-finished-in-sa/9183868