The Rebuilding Camelot Initiative aims to restore trust in a world plagued by digital falsehoods, calling on Bitcoiners, allies, and developers to help. This initiative addresses the crisis of digital truth, the largest wealth transfer, and the rise of Bitcoin by building a Sovereignty Tetrahedron—comprising identity verification, knowledge management, and mobile command—to protect families and businesses. They emphasize the urgency of adopting these sovereign systems now to navigate the perfect storm of distrust and build a resilient future. The call seeks partners to pilot the system, developers to construct the platform, and legal experts to solidify governance structures.
Texas bitcoin mining operations faced a challenging June 2025 due to heatwaves, power curtailments, and severe flooding. Major mining companies like Riot Platforms, Marathon Digital, and Cipher Mining experienced a decline in bitcoin production, ranging from 7% to 25%, primarily due to voluntary power reductions under Texas's grid management programs and the devastating floods. The widespread disruption caused a drop in the global Bitcoin hashrate, signaling potential instability. Despite the overall downturn, CleanSpark saw an increase in its bitcoin production, and new companies are still entering the mining market.
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