alt Hacker NewsCrypto farm in Mexican mountains puts spotlight on cartel funding
Comments
Yeah, how much of this came from the US government? Considering how little hardware has been auctioned versus how much has been subject to forfeiture in view of the DEA's long track record of creating the funding loop.
Context:
https://archive.org/details/a-20071-1
Raw data:
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Could also have been some H200 selling inference on openrouter with stolen electricity.
> Crypto mining — which uses powerful computers to generate virtual assets such as bitcoin — represents a new frontier
Slow.
Crypto always has a predictable multi year time frame from dismissal to integration for leadership, or change in leadership
Its - bitcoin specifically - is strangely built to co-opt human greed, even I look at the white paper and mining implementation
So all roads lead to its security
Reuters is paywalled now? Corruption, thy stench wafts ever further!
Are they recruiting?
> Nestled in the lush green mountains of Central Mexico, next to a sparsely traveled gravel road...
The economics of this are deliciously surreal and in many ways slightly romantic. You have this dingy little shack-like construction out in the "lush green mountains", run by these lunatics of a Mexican persuasion, coordinating billions of dollars of international financial data in a reliable high-trust manner. I encourage everyone to look at the photo in the article and imagine a fat dude in a singlet sleeping on a hammock because that seems to be the vibe of the place.
This is a real case of the truth being stranger than fiction. If I were reading about this sort of thing in a novel in the pre-crypto era it'd be a big building in a city or something. Maybe some dudes in suits. Sealed roads.
Turns out it's going to be closer to an unwashed hermit sitting in their mountain cave spending the days meditating, fighting off snakes and tending to the server racks. Voila, high finance.