Notes

How one can Deal With(A) Very Unhealthy Bitcoin Wallet Address
One of the first investors to express interest in Transnistria’s Technopark was Igor Chaika, son of Russia’s prosecutor general, who has said he is ready to sink 400 million rubles into cryptocurrency mining. It was Sheriff’s TV station that made the news report in which Chinese investors marveled at the size of the warehouses available as crypto mining facilities, and Vyacheslav Chernikevich, Technopark’s CEO, is a business associate of Sheriff founder Gushan. address wallet It also offers project support, mining spaces of up to 161,000 square feet, and plots next to the Kuchurgan station. Tiraspol Transgaz sells the gas to Transnistrian buyers at a whopping discount of around 75 percent off market price, with the Kuchurgan plant its biggest customer. And that is just the start: Should Kuchurgan be revved up to full capacity, it could swallow $900 million in Moldova-bought gas every year. Travel companies have been forced to strike Crimea off their destination lists, throttling an industry that once brought 6 million visitors to the peninsula each year. But by selling that gas on to the crypto miners through the Technopark, even at the slashed rate it is advertising, Tiraspol stands to add $15.5 million to its coffers.

But boosting Kuchurgan’s gas consumption is also an end in itself-a nifty way of sucking money out of Moldova and pumping it into its own coffers. At some point in the future, perhaps within the next decade, Russia and other rogue states could create an alternative financial system based on blockchain that allows them to trade freely with one another, channeling money to armed groups and attracting investment to keep their economies afloat despite international sanctions. A Putin adviser named Sergey Glazyev urged the Crimean government to embrace digital currencies in order to sidestep the sanctions that have made international business so arcanely tricky. Since most countries-and crucially the US-consider the annexation illegal, Western companies can no longer do business there without risking fines for busting embargoes. The Russian Business Centre, opposite the House of Soviets on Tiraspol’s main street, is a Sheriff-owned office block built three years ago as an annex to the Russia Hotel, also part of the Sheriff empire. There are layers to how Russia might weaponize cryptocurrencies in the era of hybrid warfare.

We might see some positive change in price if the Merkle Tree Proof of work delivers on its promises. Georgiy Muradov, Putin’s representative on the peninsula-himself the subject of EU sanctions on the grounds that he has “played an important role in consolidating Russian institutional control over Crimea since the illegal annexation”-has also publicly pondered the possibilities that digital currencies might offer. That is what happened to Crimea in 2014. After Russia annexed the peninsula, a rough diamond of land hanging into the Black Sea from the southern end of Ukraine, Washington and Brussels imposed rounds of sanctions on Russian banks, businesspeople, and politicians. Chernikevich was also handed the Crimean telecoms monopoly in 2014, shortly after the peninsula was annexed by Russia. Chernikevich is not available, they tell me-and is not willing to speak to journalists anyway. At the ministry, I am told that they will not talk about Technopark without the permission of Chernikevich.

Despite Technopark officially falling under the Transnistrian economy ministry, there is no transparency and no public record of who has invested in the territory’s cryptocurrency mining and stands to benefit from this massive gas graft. Marketed on the internet as a modern venture open to outside investment, Technopark appears to be in the flesh a closed, secretive enterprise run by cronies of the Transnistrian and Russian states. This seems to be a genuine/exciting innovation in computing paradigms; We don’t just get to share code, we get to share a running computer, and anyone anywhere can use it in an open and permissionless manner. Open Electrum, click Wallet, then Master Public Key and copy the string. Moldovagaz then supplies gas to Tiraspol Transgaz, the Transnistrian state’s supplier. The next appears to be in progress: the mass stockpiling of cryptocurrencies through intense mining using Russia’s huge gas reserves. The first is already well underway: using cryptocurrencies to pay for acts of political sabotage, like the hacking of Hillary Clinton’s emails. But we can combine using an exchange with what’s known as Bitcoin tumbler or mixer. Bitcoin Trader is well-known for its safety protocols, providing the security of its users’ assets.

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