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Yes, only for currently generated blocks, it lowers it slightly, but insignificantly.

Which means that some miners will shut down. Which means that the next difficulty adjustment will make the difficulty lower. Which means that mining will become profitable (barely) again. Rinse and repeat. The system is self-adjusting.

Two sitting Ukrainian Supreme Court Justices volunteered to join the armed forces in February. Judge Oleksandr Mamaluy is a sniper. Call sign "Lawyer." Judge Ivan Mishchenko. Call sign "Dredd." (as in Judge Dredd)

This is good... At least someone there understands just how deep a hole they're in. Not that she influences anything. The head of the Russian Central Bank, basically advocating that Russians turn into North Korea, complete with Juche: "Мне кажется, всем очевидно, что по-прежнему не будет. Мы...

That's extremely optimistic. I really don't think the return to 2021 is in the offing for a few decades at least.

Here is a video. A Russian on the street being interviewed about whether life under Putin is better. I translated it - the subtitles are kinda small at the bottom. Watch to the end. https://www.youtube.com/shorts/aLI6jDuKSg4

Russian incompetence is hilarious. Yesterday, they shelled Chernihov with ordnance that spread propaganda flyers calling on the population to give up. The problem: the text referred to Chechens, not Ukrainians. As in: "Граждане Чеченской Республики! Вас пытаются вовлечь в вооруженное...

LOL. Samsung refuses to export smartphones to Russia. Russians decided they will just buy Samsung phones in "friendly" countries and sell them in Russia. They found out that Samsung phones refuse to activate when used with Russian telecom companies.

https://www.washingtonpost.com/world/2022/06/15/us-computer-chips-russian-military/ U.S. probing how American electronics wound up in Russian military gear Two things out of the article. One is that Russians cannot produce their own weaponry without Western-supplied chips (we knew that, but...

"Ухудшение внешних условий для экономики России останутся надолго, если не навсегда, заявила глава Центробанка РФ Эльвира Набиуллина. " "The worsening of external conditions for Russian economy will remain for a long time, if not forever, said the head of the Russian Central Bank Elvira...

Azov's work. Stinger, reportedly. Nice shooting. https://youtu.be/5mwZu6hdRdQ

https://www.aroged.com/2022/06/16/media-release-and-sale-of-baikal-s-server-processors-stopped-due-to-tsmcs-refusal-to-sign-new-contracts/ Media: Release and sale of Baikal-S server processors stopped due to TSMC’s refusal to sign new contracts LOL. That's "domestic" Russian CPUs. ARM...

It's slang for "I am sick and tired of them/that".

New (not sure what to call it - statue? abomination? joke?) opening in Russia. Basically a weird cult or a mass psychosis.

As I posted a few days ago, the assembly line for Lada Granta was open for 4 days, then was stopped for an indefinite period. For lack of parts.

Wow. The color combo. Eek.

Japanese DMG Mori Seiki announced that they're stopping all business in Russia and closing their manufacturing there - in Ulyanovsk. This is a computerized machine tooling production company. Note: Russia has no companies that can provide such equipment. I am sure it is a huge boost to Russian...

Lately quite a few Russian military factories have gone up in flames. This is the latest one: it produces optical equipment for the military: https://t.me/Segodnya_life/59264 Interesting. Too many incidences. Internal sabotage?

Hilarious. AvtoVaz factory in Russia opened their assembly lines (with big press campaign etc.) to produce Lada Granta car - without ABS, without airbags, no automatic transmission, you know, "luxuries". They call it "Lada Granta Classic" (ROTFLMAO). That was on June 5th. Today they announced...

Putin, today: "Сейчас инфляция находится на нулевой отметке." "Right now inflation is at zero." It's funny, I am reading a Russian forum's reaction to this statement and it is just incredulous. People wonder what reality he's living in. Or what planet.