Given recent press reports on energy usage by the Bitcoin network, it is helpful to use the S19 miner specifications to measure the total network energy consumption.

The entire Bitcoin Network could use around 35.5 TeraWatt Hours.

That is less the amount out energy, in the form of fuel, wasted be vehicle idling (in traffic and at lights). According to the US Government, in the 2020, 1.7 billion gallons of fuel were wasted idling.


A constant theme that comes across from experienced miners is that the previous generation rigs have better returns than new generation rigs. …


University of Nebraska — Lincoln shows US West in Extreme & Exception Drought with a first ever water shortage declared for Lake Mead.

According to the National Park Service, the lake provides water to roughly 25 million people in Arizona, Nevada, California & Mexico.

Paul Mangione

Fort Schuyler Advisors

www.ftschuyler.com


Even as the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 14.6% annual gain in April, up from 13.3% in the previous month, Redfin Homebuyer Demand Index has fallen below 2020 levels for the first time this year (-1% year over year for the week ending June 20).

“Some homebuyers are pausing or abandoning their plans to buy because homes in their area have gotten too expensive,” said Redfin Chief Economist Daryl Fairweather, PhD.

Paul Mangione

Fort Schuyler Advisors

www.ftschuyler.com

#homebuyers #realestate #mortgage #mortgages #homeowners #homeownership #realtor #interestrates #realestatemarket #housingmarket #housingnews #housingtrends #housing #housingmarket2021 #business #realestatefinance #realestatebroker #realestateinvestor #realestateagents


Transportation Security Administration (TSA) data shows 7-day average of 2021 Checkpoint Travel Numbers at 75% of same day of week 2019 levels.

How soon before 2021 levels catch up to 2019?

Paul Mangione

Fort Schuyler Advisors

www.ftschuyler.com

#transportation #traveling #travel #travelindustry #travelandtourism #travelagency #covid19economy #covid19impact #covid19impacts #coronavirusimpact #coronarvirus #covid19news #covid19


Total NYC Department of Buildings Permits issued in month of May down 61% from 2019 levels; Manhattan down 74%

Change May 2019 — May 2021

Bronx -39.7%

Brooklyn -58.7%

Manhattan -74.4%

Queens -50.4%

Staten Island -36.6%

Total -60.9%

Paul Mangione

Fort Schuyler Advisors

www.ftschuyler.com


The United States increases its rank for Bitcoin global Hashrate -Month to Date the US is second at 7.24% compared to December 2020 when the US was fourth at 3.87%.


StreetEasy Zillow data shows Manhattan area rents dropping by as high as 22.9% for downtown apartments compared to 1Q2020

_______________________ Med Rent____% Change
All Downtown___________$3,000______-22.90%
All Midtown____________$2,895______-19.60%
All Upper East Side______$2,400______-22.60%
All Upper Manhattan____$2,150______-10.20%
All Upper West Side_____$2,717______-22.40%

All Upper West Side $2,717 -22.40% Rents in Queens (down 13%) and Brooklyn (down 8%) dropping as seen in the attached graph.

Rents from (my hometown) The Bronx only down 2%.

Paul Mangione

Fort Schuyler Advisors

http://www.ftschuyler.com

#newyork #nyc #nycrealestate #bronx #brooklyn #queens #manhattan #statenisland #realestatefinance #realestateinvestment #realestatedevelopment #realestateinvestor #realestateinvesting #realestatebroker #realestateagents #nycrealestateagent #nycrealtor #streeteasy #zillow #business #innovation


National Drought Mitigation Center & US Department of Agriculture (USDA) map shows large tracks of Exceptional and Extreme Drought in the US West and normal to mild conditions in the US East.

California and US Western states preparing for dangerous fire season and power outages.

Paul Mangione

Fort Schuyler Advisors

www.ftschuyler.com

#climate #agriculture #environment #water #drought #droughts #california #californiarealestate #firesafety #realestate #business #innovation #insurtechs #insuranceindustry #insurance #insurancenews #insurancepolicy #electricity #power #nature #eco #conservation #research #wildfires #wildfire #forestfires #forestfire

Paul Mangione

Principal, Fort Schuyler Advisors www.ftschuyler.com, Managing Director, 10X Capital, ex Apollo Management, MIT EECS BS/MS.

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