Monthly Archives: March 2018

113 GigaWatt Hours Go Missing In Europe

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The possibility of converting electrical current, wherever found, directly into coin appears to have added yet another fungible item to the list of socialist "people's properties" liable to get spontaneously "redistributed" by their "servant leader" caretakers — via the quite familiar, to inhabitants of the ex-soviet world, "complicated dance through which to steal the shebang while leaving behind the appearance, in the manner of termites".

Concretely: the European Union's "Continental European Power System", "a large synchronized area stretching from Spain to Turkey and from Poland to Netherlands; encompassing 25 countries", reported (archived) on March 6, 2018, a sudden energy deficit summing to 113 GWh (i.e. 3.6 terajoules):

The power deviations are originating from the control area called Serbia, Macedonia, Montenegro (SMM block) and specifically Kosovo and Serbia. The power deviations have led to a slight decrease in the electric frequency average. This average frequency deviation, that has never happened in any similar way in the CE Power system, must cease. The missing energy amounts currently to 113 GWh. The question of who will compensate for this loss has to be answered.

MtGox Coins Getting Dumped In Waterfall

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A March 7, 2018 report (archived) by the MtGox liquidator to the Tokyo District Court
indicated that 35,841.00701 BTC and 34,008.00701 BCC — corresponding to some portion of the coins looted from the MtGox userbase in 2014 — have in recent months lavishly fed the waterfall, i.e. sold for fiat (42,988,044,343 JPY, ~= 405.4M USD at today's rate.)

Attendees Drugged At Brock Pierce Linked Event

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At a New York conference nominally about "cryptos" attendees reported being drugged en mass after consuming ambiguously labeled items from the menu that were infused with cannabis extracts (archived). The adventurous caterer allegedly went beyond the traditional drug infused desert items and managed to drug menu items as varied as hot sauce, cocktails, and olives while a DJ was spinning "electronic dance music" throughout the event. This appears to have been a very Amir Taaki effort on the part of the event's organizers.

Pantsuit Nashville Mayor Resigns While Admitting To Theft

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Earlier today Megan Barry ceased to be the mayor of Nashville, Tennessee. A former "rising star" of the pantsuit movement Barry resigned as Mayor after pleading guilty to theft charges. The nature of the theft charges were not disclosed in court. The plea however includes compensating Nashville for wages paid to cover the services of Barry's bodyguard Sgt. Robert Forrest1 with whom Barry engaged in frequent extramarital sex while Forrest was drawing regular and overtime pay from the city.

  1. Possible relationships to local populist folk hero Nathaniel Bedford Forrest are unknown  ↩

Public Bailout Of Bezos Bungle Continues In Indiana

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Regional accreditors have given approval to a plan which would allow Indiana's Purdue University, a public institution, to bail out Jeff Bezos' expensive education bungle "Kaplan University" in a deal which delivers the Bezos venture relief from the costs of operating the school. The Bezos venture will still be involved after selling the money sink to Purdue for a nominal sum. Kaplan is positioned to receive an unknown amount of ongoing income for delivering "marketing" and ancilliary "services" to Purdue.

Italian Election Results Raise Possibility of #Italeave Coalition Government

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Voters in Italy went big for anti European Union parties in the country's election over this past weekend. The 5 Star Movement won just under one third of the vote leaving it with a plurality of the parlimentary seats to be allocated. The traditional leftist pantsuit Democratic party managed less than 19 percent of the vote leaving it likely to be shut out of the upcoming effort to build a government. Two generally right wing parties by Italian standards Lega and Forza Italia won 17.7 and 13.9 percent of the vote. Make Italy, Great Again!

Mining Rig Heist In Iceland: Arrests Made But No Material Recovered

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Reports are emerging that allege 600 Bitcoin mining rigs and other supporting materials were stolen from a data center in Iceland between December 2017 and January 2018 (archived). No materials have been recovered and out of 11 arrests related to the investigation, local police are only keeping two suspects in custody.

Favorable electricity prices in Iceland have set the island up to be one of the first regions where power consumption for Bitcoin mining exceeds power consumption for other purposes.

Dublin Looters Destroy Grocery Store

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lidlLooters in Dublin, Ireland appropriated a piece of construction equipment and removed structural material from a Lidl grocery store to achieve ingress and egress from the premises (archived). Reports out of Ireland and Airstrip One suggest a state of chaos amid routine winter weather self declared local authorities are apparently no longer capable of handling.

Attacks In Ouagadougou Hit French Embassy And Other Sites

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Today in Ouagadougou militants launched a coordinated series of attacks. They detonated vehicle mounted explosives in the parking lot of a local military headquarters, and assaulted the French Embassy1 and other sites in this capital city of Burkina Faso. Due to the city's isolation from civilization, it is unlikely accurate accounts of the day's events will become available.

  1. According to popular reports the detachment assaulting the French Embassy lit their own truck on fire. (archived)  ↩

Very Cold Britain Running Out Of Natural Gas

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Britain's natural gas grid operators issued a warming that on this very day they will not have enough natural gas to meet heating demand in the middle of a stretch of severe winter weather. The numbers offered by the fellows issuing the warning on the day of the crisis are a shortfall of 54 million cubic metres or 14% less gas on hand than Britain needs today (archived).