Anders Mattson, CPA (@bitcoinanders) 's Twitter Profile
Anders Mattson, CPA

@bitcoinanders

Senior Accountant @Core_Scientific. #Bitcoin class of 2017. Opinions are my own. Not financial advice.

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linkhttp://www.linkedin.com/in/anders-mattson calendar_today29-01-2024 02:03:46

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Anders Mattson, CPA (@bitcoinanders) 's Twitter Profile Photo

Getting settled this week into my new role as Senior Accountant at Core Scientific! As a huge bitcoiner, I’m thrilled to be helping build financial infrastructure for one of #Bitcoin’s biggest miners in North America. Wish me luck!

Core Scientific (@core_scientific) 's Twitter Profile Photo

The $CORZ team is still hard at work this week deploying our brand new S21s! #DidYouKnow that every new miner we receive arrives in its own cardboard box? At our central hub in Marble, NC, we have a dedicated team responsible for unboxing new miners, logging them into our

The $CORZ team is still hard at work this week deploying our brand new S21s!

#DidYouKnow that every new miner we receive arrives in its own cardboard box? At our central hub in Marble, NC, we have a dedicated team responsible for unboxing new miners, logging them into our
Core Scientific (@core_scientific) 's Twitter Profile Photo

Today we announced the start of a project to expand our #Bitcoin mining data center in Denton, TX by 72 MW. 🚧 Total operational infrastructure at Denton data center will increase to 197 MW 🚧 Total $CORZ owned infrastructure will increase to 817 MW 🚧 Completion expected by end

Today we announced the start of a project to expand our #Bitcoin mining data center in Denton, TX by 72 MW.

🚧 Total operational infrastructure at Denton data center will increase to 197 MW
🚧 Total $CORZ owned infrastructure will increase to 817 MW
🚧 Completion expected by end
Anders Mattson, CPA (@bitcoinanders) 's Twitter Profile Photo

Mixed feelings about this high fee environment. Not being able to send a transaction for less than $30 effectively freezes the network for most people, but miners like my employer are making bank. At least it’s good to see a lot of movement, particularly out of degen’s pockets.

Anders Mattson, CPA (@bitcoinanders) 's Twitter Profile Photo

I’d like to know if/when degens start buying bitcoin to pay the fees on their runes txns because this would mean two bullish things; 1) more demand pressure and 2) they’ve frittered away most of their stack and are rekt.

Anders Mattson, CPA (@bitcoinanders) 's Twitter Profile Photo

I saw the new 1099-DA draft the day of the halving and it almost harshed my mellow. Wallet providers should not and cannot be considered brokers with reporting requirements to the IRS. Professionals in Bitcoin and crypto should band together to ensure this gets fixed.

Core Scientific (@core_scientific) 's Twitter Profile Photo

“Our strategy going forward- maximize the value of our assets and drive shareholder value” $CORZ CEO Adam Sullivan on CoinDesk early last week. Check out the full interview here: coindesk.com/video/bitcoin-…

Anders Mattson, CPA (@bitcoinanders) 's Twitter Profile Photo

TIL that British people have no problem describing the first decade of the 2000s while it turns us Americans into blathering idiots. It was an epic time to be alive. The noughties.

Anders Mattson, CPA (@bitcoinanders) 's Twitter Profile Photo

So are we saying that banks custodying bitcoin is going to fix their balance sheets? I don’t want to hand my keys to a bank that’s about to go broke.

Anders Mattson, CPA (@bitcoinanders) 's Twitter Profile Photo

$1M #Bitcoin between 2031 and 2036 seems like a much more reasonable, healthy estimate than the super-sudden God candle theses, although those are much more fun to think about. Stunning visualization. Big power law fan.

Anders Mattson, CPA (@bitcoinanders) 's Twitter Profile Photo

44% of lottery winners spend the entirety of their winnings in five years. How many bitcoiners will sell the entirety of their stack after holding for five years? My guess is, practically none.

Core Scientific (@core_scientific) 's Twitter Profile Photo

Checklist to replicate what $CORZ is doing in #AI/HPC: ✅ +1 GW of built-out power infrastructure ✅ The right type of power contracts in place ✅ A team of digital infrastructure experts who have a deep understanding of enterprise data centers ✅ Infrastructure built

Core Scientific (@core_scientific) 's Twitter Profile Photo

Having land, power infrastructure, and facilities is not enough. $CORZ contracted power is the key 🔑 Listen to Core Scientific COO Matt Brown explain the importance of Core Scientific having 1.2 GW (1,200 MW) of contracted power and how long it takes to secure it.