Marty's Ƀent - November 23rd, 2021 - Issue #1117

Tuesday, November 23rd 2021 - Issue #1117

Samsung may have picked the location of their US Foundry

Since May of last year we've been following the development of the push to bring top of the line chip foundries back to American soil. The Trump administration made a concerted effort to highlight the pressing need to better distribute the supply chain for computer chips that are integral to our increasingly digital and technology driven economy and it seems that the Biden administration is continuing the efforts to push that ball forward as is evidenced with (what seems to be) an imminent announcement from Samsung and the state of Texas in regards to a foundry that the chip manufacturer will be breaking ground on outside of Austin. This is a beautiful thing to see. The past five decades have brought with them a hyper-centralized and fragile supply chain and it is high time that the United States, and the world at large, moves to fix the problem.

If confirmed, this would mean that the US will be getting two high caliber foundries within the next few years to begin the domestic production of critical computing infrastructure; TSMC in Arizona and Samsung in Texas. As a bitcoiner and, more particularly, a bitcoin miner this is a very beautiful thing to see because TSMC and Samsung are currently producing the top of the line ASIC chips utilized by Bitmain and MicroBT respectively. Having these companies bring production facilities to the Western hemisphere will make global supply chains less fragile and less susceptible to concentrated political risk. 

Bitcoin should benefit from this over the medium to long term as foundry space becomes available and affordable for the Bitmains and MicroBTs of the world. This is when things will really start to get interesting in the mining industry. ASICs produced on American soil will probably bring with them manufacturing facilities where miners are actually constructed as well. These should bring with them more legitimate miner repair operations. When combined, all of these things happening in the US should lead to a more competitive and streamlined mining industry in North America.

This is a strong step in the right direction. Let's hope it sets a trend that leads to foundries popping up all around the world to further distribute the geographic production of critical computing infrastructure.
Final thought...

It's fire pit season, baby! 
Share
Tweet
Forward
Hope you enjoyed today's issue. If you have any friends that are looking to find out more about Bitcoin have them sign up for this newsletter here:
 
Get Ƀent

Ƀent noun 1. direction taken, as by one's interests; inclination.

Thanks for reading Marty's Ƀent, a daily newsletter containing all the information I found interesting in the Bitcoin world in the last 24 hours.

Copyright © 2020  TFTC.io, LLC  All rights reserved. 

Want to change how you receive these emails?
You can update your preferences or Ƀent Over!
 

Key phrases

Older messages

Marty's Ƀent - November 22nd, 2021 - Issue #1116

Monday, November 22, 2021

Monday, November 22nd 2021 - Issue #1116 The emergence of bitcoin native bonds As I'm sure some of you freaks are aware of already, the country of El Salvador has announced they will be issuing a

The Sat Standard - Bitcoin Weekly - Nov 20 2021

Saturday, November 20, 2021

This week in bitcoin. Straight to the point. No bullshit. Every Saturday. View this email in your browser The Sat Standard This week in bitcoin. Straight to the point. No bullshit. Every Saturday.

Marty's Ƀent - November 19th, 2021 - Issue #1115

Saturday, November 20, 2021

Friday, November 19th 2021 - Issue #1115 The transition from HTLCs to PTLCs Like it or love it, this abbreviated week of rags from this dark corner of the Internet is hyper-focused on Taproot

Marty's Ƀent - November 18th, 2021 - Issue #1114

Friday, November 19, 2021

Thursday, November 18th 2021 - Issue #1114 Multisig options are expanding Here's some exciting news from Hugo Nguyen, the announcement of Nunchuck 2.0 which aims to "take bitcoin self-custody

Marty's Ƀent - November 15th, 2021 - Issue #1113

Tuesday, November 16, 2021

Monday, November 15th 2021 - Issue #1113 Taproot kicks Jevons Paradox into another gear While many on Bitcoin and crypto Twitter are squabbling over the semantics in regards to the definition of a

LeXpunK Army Deploys | Decentralized Law #3

Thursday, January 20, 2022

BanklessDAO Legal Newsletter ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Solo Home Miner Earns 6.25 BTC Reward – Should You Try Your Luck by Mining Bitcoin From Home?

Wednesday, January 19, 2022

Complete analysis of costs and chances for a solo miner to mine the next block. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

TRUE PROVENANCE

Wednesday, January 19, 2022

TRUE PROVENANCE Wanda Oliver — January 19, 2022 View original post Artwork by the author found on Async.art. JANUARY 18TH, 2021 I recently published an article in which I pointed out immutable provena

Crypto.com NFT Weekly Update (Week 2, 12/1/2022 - 18/1/2022)

Wednesday, January 19, 2022

OpenSea breaks daily sales volume record at $261M. Lega Serie A - first football league to enter NFT world. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Zoom Out - The Daily Gwei #419

Wednesday, January 19, 2022

Don't call it a comeback, Ethereum's been here for years. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Coin Metrics' State of the Network: Issue 138

Wednesday, January 19, 2022

Wednesday, January 19th, 2022 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Why can't POS reduce Gasfee and how much do Shard&L2 reduce

Wednesday, January 19, 2022

There were great expectations for ETH 2.0, but widespread misconceptions. There are two corrections to the statement "ETH 2.0 gas fee will be lower". First, the 2.0 upgrade is a long process,

CryptoPage Newsletter - Issue 221

Wednesday, January 19, 2022

Crypto Daily News - Jan 19, 2022 View on the Web Archives ISSUE 221 January 19th 2022 Crypto News Bitcoin Mining Energy Use 'Inconsequential,' 'Rapidly Becoming More Efficient' - Saylor

Stop Dollar-Cost Averaging Into Bitcoin

Wednesday, January 19, 2022

It might be doing you more harm than good ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Marty's Ƀent - January 18th, 2022 - Issue #1147

Tuesday, January 18, 2022

Tuesday, January 18th 2022 - Issue #1147 Apparently Intel is getting into the Bitcoin ASIC game Here's a pleasant surprise that was brought to the world's attention this morning; it seems like