Top all-time · #11462
Nic Carter
Personal blog · niccarter.infoeconomicsbusiness
Nic Carter's personal blog at niccarter.info covers economics and business. Since 2021, 7 different Hacker News readers have linked it 8 times, most often “Proof of Reserves”. The last post was in 2020, but the archive is still widely read.
Too few sampled comments (5) to say how often HN recommends it.?
Why HN links it
HN readers link Nic Carter's site for its proof-of-reserves page, which collects background, links and exchange entities, and its topics index, which includes writing on energy and bitcoin mining.
Summarised by Claude from a sample of 5 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
Most-linked posts?
- Proof of Reserves3 people · 4 mentions · first linked 2021-01-17
- Bitcoin Mining in Texas [pdf]2 people · 2 mentions · first linked 2021-10-09
What Hacker News says?
This is not true. If you take a bitcoin miner and put it on a gas well that is leaking methane which is 10x worse than CO2 and burn that methane to create CO2 you are increasing energy usage and cleaning the environment. https://www.bloomberg.com/opinion/articles/2022-05-03/methan... If you have already mined coal burning in a field and instead take that coal and put it through a generator and mine bitcoin with it y…
Comment linking /wp-content/uploads/txsummit_nc_oct08.pdf
on “Ask HN: Is anyone else glad the crypto market is crashing?”Submitted Proof-of-Reserves as a story · 2 points
HN discussionThis is pretty cool [0] is the Kraken page, at [1] someone collected both background information, links, and PoR entities, and finally a 2014 post of Kraken’s first PoR audit [2]. [0] https://www.kraken.com/proof-of-reserves [1] https://niccarter.info/proof-of-reserves/ [2] https://bitcointalk.org/index.php?topic=528432.0 Edit: And here is CZ of Binance claiming they’ll do it soon as well: https://nitter.kavin.rocks…
Comment linking /proof-of-reserves/
on “What Happened at Alameda Research”Submitted Bitcoin Mining in Texas [pdf] as a story · 2 points
HN discussion> It's bad for the environment Not any more so than other forms of energy consumption. If anything, Bitcoin incentivizes the use of clean renewable energy. https://niccarter.info/topics/ > bad for crime Hard to even parse what that means given how much crime is committed via dollars. https://unchained-capital.com/blog/bitcoin-is-not-for-crimin... > bad for laymen Meaningless drivel. > undemocratic (vote with money)…
Comment linking /topics/
on “Casa Client Case Study: The Tinder Trap”Submitted Proof of Reserves as a story · 2 points
HN discussionhttps://niccarter.info/proof-of-reserves/ has a lot of info in general and about specific exchanges
Comment linking /proof-of-reserves/
on “Binance outflows hit $6B as Mazars halts ‘proof of reserves’ work”Every industry is an extension of the energy industry. Your last sentence has been thoroughly debunked by Nic Carter. [0] [0] https://niccarter.info/topics/#energy
Comment linking /topics/
on “Bitcoin Mining Is America's Most Misunderstood Industry”