Showing posts sorted by date for query BITCOIN. Sort by relevance Show all posts
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Sunday, May 12, 2024

LACK OF CYBERSECURITY (AGAIN,SIGH)

A cyberattack forces a big US health system to divert ambulances and take records offline


Fri, May 10, 2024 



TOPEKA, Kan. (AP) — A cyberattack on the Ascension health system operating in 19 states across the U.S. forced some of its 140 hospitals to divert ambulances, caused patients to postpone medical tests and blocked online access to patient records.

An Ascension spokesperson said it detected “unusual activity” Wednesday on its computer network systems. Officials refused to say whether the non-profit Catholic health system, based in St. Louis, was the victim of a ransomware attack or whether it had paid a ransom, and it did not immediately respond to an email seeking updates.

But the attack had the hallmarks of a ransomware, and Ascension said it had called in Mandiant, the Google cybersecurity unit that is a leading responder to such attacks. Earlier this year, a cyberattack on Change Healthcare disrupted care systems nationwide, and the CEO of its parent, UnitedHealth Group Inc., acknowledged in testimony to Congress that it had paid a ransom of $22 million in bitcoin.

Ascension said that both its electronic records system and the MyChart system that gives patients access to their records and allows them to communicate with their doctors were offline.

“We have determined this is a cybersecurity incident,” the national Ascension spokesperson’s statement said. “Our investigation and restoration work will take time to complete, and we do not have a timeline for completion.”

To prevent the automated spread of ransomware, hospital IT officials typically take electronic medical records and appointment-scheduling systems offline. UnitedHealth CEO Andrew Witty told congressional committees that Change Healthcare immediately disconnected from other systems to prevent the attack from spreading during its incident.

The Ascension spokesperson's latest statement, issued Thursday, said ambulances had been diverted from “several” hospitals without naming them.

In Wichita, Kansas, local news reports said the local emergency medical services started diverting all ambulance calls from its hospitals there Wednesday, though the health system's spokesperson there said Friday that the full diversion of ambulances ended Thursday afternoon.

The EMS service for Pensacola, Florida, also diverted patients from the Ascension hospital there to other hospitals, its spokesperson told the Pensacola News Journal.

And WTMJ-TV in Milwaukee reported that Ascension patients in the area said they were missing CT scans and mammograms and couldn't refill prescriptions.

Connie Smith, president of the Wisconsin Federation of Nurses and Health Professionals, is among the Ascension providers turning to paper records this week to cope. Smith, who coordinates surgeries at Ascension St. Francis Hospital in Milwaukee, said the hospital didn’t cancel any surgical procedures and continued treating emergency patients.

But she said everything has slowed down because electronic systems are built into the hospital’s daily operations. Younger providers are often unfamiliar with paper copies of essential records and it takes more time to document patient care, check the results of prior lab tests and verify information with doctors’ offices, she said.

Smith said union leaders feel staff and service cutbacks have made the situation even tougher. Hospital staff also have received little information about what led to the attack or when operations might get closer to normal, she said.

“You’re doing everything to the best of your ability but you leave feeling frustrated because you know you could have done things faster or gotten that patient home sooner if you just had some extra hands,” Smith said.

Ascension said its system expected to use “downtime” procedures “for some time” and advised patients to bring notes on their symptoms and a list of prescription numbers or prescription bottles with them to appointments.

Cybersecurity experts say ransomware attacks have increased substantially in recent years, especially in the health care sector. Increasingly, ransomware gangs steal data before activating data-scrambling malware that paralyzes networks. The threat of making stolen data public is used to extort payments. That data can also be sold online.

“We are working around the clock with internal and external advisors to investigate, contain, and restore our systems,” the Ascension spokesperson's latest statement said.

The attack against Change Healthcare earlier this year delayed insurance reimbursements and heaped stress on doctor’s offices around the country. Change Healthcare provides technology used by doctor offices and other care providers to submit and process billions of insurance claims a year.

It was unclear Friday whether the same group was responsible for both attacks.

Witty said Change Healthcare's core systems were now fully functional. But company officials have said it may take several months of analysis to identify and notify those who were affected by the attack.

They also have said they see no signs that doctor charts or full medical histories were released after the attack. Witty told senators that UnitedHealth repels an attempted intrusion every 70 seconds.

A ransomware attack in November prompted the Ardent Health Services system, operating 30 hospitals in six states, to divert patients from some of its emergency rooms to other hospitals while postponing certain elective procedures.

___

Murphy reported from Indianapolis and Foody reported from Chicago.

John Hanna, Tom Murphy And Kathleen Foody, The Associated Press

Thursday, May 09, 2024

CANADIAN CRIMINAL CRYPTO CAPITALI$T
Crypto tycoon is Canada's richest person, but U.S. prison stay awaits

Changpeng Zhao is Canada’s richest person, but the crypto tycoon is about to spend four months inside a U.S. prison.


Author of the article:Postmedia News
Published May 08, 2024 • 
Former Binance CEO Changpeng "CZ" Zhao arrives at U.S. federal court in Seattle on April 30, 2024. PHOTO BY JASON REDMOND / AFP /Getty Images

The 47-year-old Chinese-born businessman, founder of the world’s largest cryptocurrency-exchange Binance, ranks 30th in the world with a net worth of $40.5 billion as of Tuesday, according to the Bloomberg Billionaires Index.

Zhao’s family immigrated to Vancouver in the late 1980s when he was 12 after his father, a university instructor in China, was hired by the University of British Columbia

By 16, Zhao was learning how to code and eventually attended McGill University in Montreal where he majored in computer science.

After graduation, Zhao — also known as CZ — moved to Shanghai in 2005 and founded a technology startup company that automated high-frequency trading platforms and systems for stockbrokers.

In 2013, he learned about Bitcoin and was so enamoured by its potential that he invested all of his money in the cryptocurrency.

Four years later, Zhao launched Binance and his wealth exploded. He was named one of the richest people in cryptocurrency a year later by Forbes.

However, in March 2023, a federal lawsuit was filed by the U.S. Commodity Futures Trading Commission against Binance and Zhao, which accused the company and founder of breaking rules intended to thwart money laundering operations after alleging transactions by Palestinian militant group Hamas and other suspected criminals were using the crypto exchange

Fallen Crypto Mogul Sam Bankman-Fried Sentenced To 25 Years In Prison
FTX founder Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a cryptocurrency fraud that a prosecutor has described as one of the biggest financial frauds in U.S. history. His parents left the courthouse without comment.

Three months later, Zhao and Binance were also sued by the U.S. Securities and Exchange Commission, accused of 13 violations of securities rules.

Zhao resigned as Binance CEO after pleading guilty last November to one count of failing to maintain an anti-money-laundering program. He was sentenced in April to four months in prison.

Binance agreed to pay $4.3 billion to settle related allegations from the U.S. government.

“I failed here,” Zhao told a Seattle court Tuesday. “I deeply regret my failure, and I am sorry.”

Zhao also agreed to a fine of $50 million while avoiding what a U.S. Justice Department’s request for three years behind bars upon conviction.



FTX says most customers will get all money back, less that 2 years after collapse


HUNTER: Billion dollar crypto crook Scam Bankman-Fried caged 25 years


In a letter to the court, Zhao wrote that there was “no excuse for my failure to establish the necessary compliance controls at Binance.”

“I wish I could change that part of Binance’s story,” he added. “But under my direction, Binance has now implemented the most stringent anti-money laundering controls of any non-U.S. exchange, and those controls have been in place since 2022.”

— with files from the Associated Press.

Wednesday, May 08, 2024

Robert F. Kennedy Jr. challenges Donald Trump to debate at Libertarian Convention


NEITHER OF THEM ARE LIBERTARIAN 
NOR MEMBERS OF THE PARTY


Robert F. Kennedy Jr. has challenged Donald Trump to a head-to-head debate for when both address a Libertarian convention later this month, a move that comes as the presumptive GOP nominee has ramped up both criticism of Kennedy's independent bid and demands that President Joe Biden meet him on a debate stage.

By MEG KINNARD Associated Press
MAY 8, 2024 —

COLUMBIA, S.C. — Robert F. Kennedy Jr. has challenged Donald Trump to a head-to-head debate for when both address a Libertarian convention later this month, a move that comes as the presumptive GOP nominee has ramped up both criticism of Kennedy's independent bid and demands that President Joe Biden meet him on a debate stage.

Arguing that he is ''drawing a lot of voters from your former supporters,'' Kennedy said to Trump in an open letter posted Tuesday to X that the Libertarian convention provides ''perfect neutral territory for you and me to have a debate where you can defend your record for your wavering supporters.''

Trump has been bullish in calling on Biden to debate him ahead of the November general election but has shied away from other rivals' previous debate entreaties. Trump skipped the 2024 GOP primary debates, saying it was unnecessary because voters know him and his record.

Kennedy, who last year challenged Biden for the Democratic nomination before launching an independent bid, has argued that his relatively strong showing in a few national polls gives his candidacy heft. Polls during the 2016 presidential campaign regularly put libertarian Gary Johnson's support in the high single or low double digits, but he ultimately received only about 3% of the vote nationwide.

In the open letter to Trump, Kennedy said their debate could ''show the American public that at least two of the major candidates aren't afraid to debate each other." Kennedy wrote that convention organizers "are game for us to use our time there to bring the American people the debate they deserve!''

Spokespeople for the Trump campaign and the Libertarian Party did not immediately return messages seeking comment on Kennedy's debate challenge.

Kennedy and Trump are scheduled to appear on separate days before attendees at the Libertarian National Convention in Washington, D.C. later this month. Both candidates have been courting support from libertarian-leaning voters, although Kennedy — who is working to appear on all 50 ballots, a state-by-state petition process — has ruled out officially running as a Libertarian candidate.

In recent weeks, Trump's campaign has ramped up its attacks against Kennedy, who has appealed to disaffected Democrats and Republicans looking for an alternative to the pending rematch of the 2020 election.

Last month, Trump wrote on Truth Social that ''RFK Jr. is a Democrat 'Plant,' a Radical Left Liberal who's been put in place in order to help Crooked Joe Biden." MAGA Inc., a super PAC supporting Trump's candidacy, has also issued its own critical posts and created an anti-Kennedy website.

Leaving court one day last week after his hush money trial, Trump told reporters asking about Kennedy's campaign that he didn't feel threatened by it, pointing to polling.

''He might hurt me, I don't know. But he has very low numbers, certainly not numbers that he can debate with, and he's got to get his numbers up a lot higher before he's credible,'' Trump said. ''The numbers that he's taking away, they say will be against Biden. I don't know, it could be a little bit against me, but I don't see him as a factor.''



Meg Kinnard can be reached at http://twitter.com/MegKinnardAP

___

Michelle L. Price and Ruth Brown in New York and Linley Sanders in Washington contributed to this report.

Robert F. Kennedy Jr., a Pro-Crypto Presidential Candidiate, to Appear at Consensus 2024

Nick Baker
Tue, May 7, 2024 


Robert F. Kennedy Jr., the independent U.S. presidential candidate who has promoted a pro-cryptocurrency stance during his campaign, will speak later this month at the Consensus 2024 crypto conference in Austin, Texas.

"As an environmental lawyer, scion of a Democratic political dynasty, and now maverick presidential candidate, Kennedy will explain his support for cryptocurrency and self-custody," according to a press release from CoinDesk, which puts on the annual event.

Read more: RFK Jr. Vows to Back Dollar With Bitcoin, Exempt BTC From Taxes

Kennedy is polling well behind the presumptive Republican and Democratic candidates in the presidential election, Donald Trump and incumbent Joe Biden, respectively. He is running as an independent after not making headway in the Democratic primary.

Crypto has increasingly become politicized in the U.S., with many Republicans pro-crypto and Democrats opposed or skeptical at best. Kennedy is a member of a famously Democratic family (that has endorsed Biden). His uncle, John F. Kennedy, served as U.S. president in the 1960s, and his father served as U.S. Attorney General during that administration before running for president.

On the issue of crypto, he's breaking away from those Democratic roots.


Opinion
RFK Jr. Finally Offers an Explanation for Why He’s Like This

Hafiz Rashid
NEW REPUBLIC
Wed, May 8, 2024 


As if Robert F. Kennedy Jr. couldn’t get any weirder, the presidential candidate has admitted that a doctor once suspected a worm ate part of his brain and then died inside his head.

The New York Times reports that in 2010, Kennedy was experiencing severe mental fog and memory loss, so he went to see specialist doctors, including some of the same neurologists who had treated his uncle Senator Ted Kennedy’s brain cancer. After brain scans, doctors thought that he had a tumor and quickly scheduled a surgery to have it removed

But, while he was preparing, another doctor called him with a different opinion: Kennedy had a dead parasite in his head, “a worm that got into my brain and ate a portion of it and then died,” Kennedy said in a 2012 deposition from his divorce proceedings reviewed by the Times.

In the deposition, Kennedy said, “I have cognitive problems, clearly. I have short-term memory loss, and I have longer-term memory loss that affects me.”

The 70-year-old independent presidential candidate claims to be in better shape, mentally and physically, than his opponents Joe Biden and Donald Trump, who are 81 and 77, respectively. He’s posted videos skiing and lifting weights shirtless at an outdoor gym in Venice Beach, California. In an interview with The New York Times, Kennedy said he had recovered from symptoms including memory loss and fogginess.

But he’s also had his own health issues over the years, such as atrial fibrillation, a heart issue linked to an increased risk of stroke or heart failure; mercury poisoning, which can cause neurological issues; and spasmodic dysphonia, which results in a shaky, tight or strained-sounding voice.

Kennedy’s campaign has had mixed news as of late, gaining ballot access in California and Delaware and worrying the Trump campaign. But he’s also faced calls to drop out from his allies in the environmental movement, and one of his campaign consultants was arrested for allegedly choking and punching a woman.


OH DEAR WITH FRIENDS LIKE THESE....

Kevin Spacey endorses ‘loyal friend’ Robert F Kennedy Jr in 2024 presidential race

Inga Parkel
Mon, May 6, 2024 

Kevin Spacey has voiced his support for 2024 presidential candidate Robert F Kennedy Jr, who is currently campaigning as an independent.

The outspoken conspiracy theorist and vaccine-sceptic declared his independent candidacy in October 2023, announcing that he would be running against Republican nominee Donald Trump and Democratic nominee Joe Biden.

Over the weekend, Kennedy Jr’s official X account released a campaign video, narrated by actor Woody Harrelson, addressing recent news headlines, which have accused the lawyer of being “racist”, “a lunatic” and more.

“The Bobby Kennedy video Meta doesn’t want you to see,” reads the caption.

The clip begins with Kennedy reading out the negative media coverage of himself before turning towards the camera and admitting: “I wouldn’t vote for that guy either.”

The lengthy 30-minute video continues to answer the question: “Who is Bobby Kennedy?”

On Monday (6 May), Spacey retweeted the video, writing: “There’s a lot I can learn from this man. When the world turned its back on me, Bobby leaned in.


Kevin Spacey and Robert F Kennedy Jr (Getty Images)

“He’s a formidable fighter for justice and a loyal friend that’s not afraid to stand up for what he believes,” the former House of Cards star, 64, said of Kennedy, who is the son of Robert Francis Kennedy and nephew of former US President John F Kennedy.

Spacey’s endorsement comes days after he was accused of groping former actor Ruari Cannon. The American Beauty actor has denied Cannon’s claims – which are included in Channel 4’s newly released documentary, Spacey Unmasked.

The two-part documentary examines the actor’s “spectacular fall from grace came amid allegations of inappropriate sexual behaviour”.

In 2023, Spacey was found not guilty of sexually assaulting four men, following a four-week trial in London.

The Oscar-winner was cleared of all nine charges, including sexual assault, which were alleged to have been committed between 2001 and 2013.

Reacting to Spacey Unmasked, Spacey issued a fiery statement, claiming that Channel 4 hadn’t given him the proper time to respond to allegations made against him in the documentary.

“I have repeatedly requested that @Channel4 afford me more than 7 days to respond to allegations made against me dating back 48 years and provide me with sufficient details to investigate these matters,” he tweeted. “Channel 4 has refused on the basis that they feel that asking for a response in 7 days to new, anonymized and non-specific allegations is a ‘fair opportunity’ for me to refute any allegations made against me.

“I will not sit back and be attacked by a dying network’s one-sided ‘documentary’ about me in their desperate attempt for ratings. There's a proper channel to handle allegations against me and it’s not Channel 4,” Spacey added.
Spacey Unmasked airs on 6 and 7 May.

RFK Jr. Lands Coveted Kevin Spacey Endorsement

Miles Klee
Mon, May 6, 2024


While Joe Biden and Donald Trump have kept their in-person campaigning to a minimum so far this election cycle, third-party candidate Robert F. Kennedy Jr. has done everything he can do steal the spotlight, holding event after event with celebrity supporters. Now he can add another to the roster: actor Kevin Spacey.

Spacey, who faced more than a dozen accusations of sexual misconduct or assault since the #MeToo movement gripped the culture in 2017, appeared to indicate in a tweet on Monday that Kennedy had been there for him at his lowest. “There’s a lot I can learn from this man,” Spacey wrote, sharing a 30-minute Kennedy ad that the campaign claims Facebook and Instagram parent Meta is trying to censor. (Meta said that the link to the video was blocked for about a day because it was incorrectly flagged as spam.) “When the world turned its back on me, Bobby leaned in,” Spacey told his followers, adding that Kennedy is a “formidable fighter for justice and a loyal friend that’s not afraid to stand up for what he believes.”



The allegations against Spacey have recently been examined in a two-part documentary from British broadcaster Channel 4, Spacey Unmasked, which includes interviews with 10 men who accused him of inappropriate behavior or abuse.

Spacey’s legal woes arising from the various assault allegations, which he has denied, seem to be behind him at this point. Two U.S. criminal cases didn’t go forward (in one case because the accuser died); he was acquitted in a U.K. trial last year; and he successfully defended against a lawsuit brought by actor Anthony Rapp, who claims that Spacey made a sexual advance on him in 1986, when he was 14 years old and Spacey was 26. Spacey also paid $1 million to settle arbitration on his alleged sexual harassment of crew members during the production of Netflix series House of Cards — a payout greatly reduced from an initial $31 million judgment.

Yet his reentry into public life has been bumpy, perhaps in part because, while a pariah of the entertainment industry, Spacey shared creepy (if not downright threatening) Christmas greeting videos in which he addressed viewers as his House of Cards character, the Machiavellian politician Frank Underwood. More recently, he has taken roles in little-noticed indie films and received a standing ovation for his performance of a Shakespeare scene at a “cancel culture” event held by the University of Oxford.

Kennedy, whom Spacey called a “loyal friend,” did not appear to immediately tout or even acknowledge the warm words from the tarnished actor. It’s also not clear how he “leaned in” as Spacey’s reputation cratered in 2017.

However, the anti-vax candidate is hardly a stranger to controversy. Married to Curb Your Enthusiasm actress Cheryl Hines, he has put Hollywood figures front and center during his run — Woody Harrelson narrates the ad that Spacey shared, for example. These two elements of the campaign have seen Kennedy align himself with any number of “canceled” celebrities who relate to his rhetoric about censorship and free speech (or at least appreciate his offer of an open forum).

These include Russell Brand, a comic-turned-conspiracy-theorist who has been accused of rape, sexual assault, and abuse by multiple women and has interviewed Kennedy. (He denies the allegations, the subject of two ongoing police investigations in the U.K.) Brand will appear as a special guest of the candidate at a “Night of Country & Comedy” fundraiser in Nashville on May 15. Motivational speaker and life coach Tony Robbins, whom Kennedy approached at least twice when considering his pick for vice president, has been accused of sexual harassment and assaults dating back to the 1980s. (He denies the claims and has not faced any legal consequences). Comedian Bobby Lee, known for repeatedly telling a story about having sex with a “scared” young Tijuana prostitute as she cried (he later claimed it was a fabrication) has taken the stage at Kennedy events and given him a platform on his podcast TigerBelly. Eight women have accused actor Jeremy Piven, another Kennedy fundraiser performer, of sexual assault and misconduct. (He, too, denies those allegations and has not been criminally charged or sued.)

Of course, not all of Kennedy’s well-known backers have such scandals to their credit — some are apparently just unpleasant. Former Saturday Night Live cast member and Kennedy supporter Rob Schneider was reportedly pulled offstage during a comedy set at a Republican networking event late last year when attendees were offended by his vulgar material. Schneider denied that his routine had been cut short, but in any case, the Kennedy camp kept him on the bill for a fundraiser scheduled soon after unflattering descriptions of the show emerged. That event must have gone somewhat better, because Schneider is among the comedians listed for the upcoming Nashville party with Russell Brand.

Will Spacey eventually join this tour group of the usual suspects, perhaps to offer politically charged recitations of Shakespeare or riff with the crowd as Frank Underwood? Don’t be surprised if it happens. Kennedy is drawing on star power wherever he can find it — and Spacey seems keen to regain an audience under any conditions.

More from Rolling Stone

Kevin Spacey Avoids Default Judgment in Sexual Assault Civil Suit After Lawyer 'Error'

Kevin Spacey Calls 'Unmasked' Allegations 'Utter Nonsense' in Video Interview Ahead of Documentary

'Spacey Unmasked' Gives Men the Floor in the #MeToo Conversation - And Shows Sympathy for a Disgraced Star


State by state, RFK Jr. pushes for nationwide ballot access

Aaron Pellish and Eva McKend, CNN
Wed, May 8, 2024 


Before Robert F. Kennedy Jr. took the stage at a campaign rally in Des Moines, Iowa, last month, a team of his campaign staffers and volunteers organized hundreds of attendees through an assembly line of government forms, ID checks and color-coded wristbands. The bureaucratic workforce contrasted starkly against the classic rock music blaring over the speakers, the crowded bar at the back of the venue and the jovial spirit circulating among Midwesterners excitedly awaiting Kennedy’s remarks.

But the paperwork was a fundamental ingredient of the rally’s significance. The independent candidate’s campaign planned to use the event to qualify for Iowa’s presidential ballot through a unique process that requires hundreds of registered voters in Iowa to sign up for a convention-like process to formally nominate Kennedy to appear on the state’s ballot.

The Iowa event is part of the Kennedy campaign’s push for ballot access in all 50 states and Washington, DC, an undertaking that has endured hiccups and won incremental victories since the effort began last year, capitalizing on voters’ appetite for an alternative to the presumptive nominees from the major parties, President Joe Biden and former President Donald Trump.

“People on both sides are waking up and wanting an option,” Dan Twelmeyer, a Kennedy supporter from Des Moines said. “They don’t want the lesser of two evils. They want hope, he delivers a message of hope.”

After his remarks in Iowa, Kennedy doubled down on his audacious 50-state ballot access goal and said the campaign will achieve full ballot access in the next few months.

“We will have ballot access in every state by the end of July,” Kennedy told reporters.

Whether Kennedy succeeds in his ballot access mission could have major implications on the playing field ahead of the presidential election. An NPR/PBS/Marist College national poll of registered voters released earlier this month showed Kennedy earning 11% support in a hypothetical five-way matchup between Biden, Trump, Kennedy, independent candidate Cornel West and Green Party candidate Jill Stein. Biden and Trump both received 42% support in the same poll.

It’s unclear if Kennedy would draw more support from Biden or Trump, but in a close race, a third-party candidate with substantial support has potential to tip the balance of the electoral map in unknown ways. In the 2020 election, Arizona, Georgia and Wisconsin were all decided by margins of less than 1 percentage point.

Drew Dietle, a 37-year-old Kennedy supporter from Golden Valley, Minnesota, says he believes the environment is ripe for someone like Kennedy to make a significant impact.

“I don’t think we’ve ever had two candidates like Trump and Biden who are more unpopular, and so I think the road is wide open for a third-party candidate to be successful this time around.”

Kennedy’s ballot push could also go a long way to proving the legitimacy of his insurgent third-party bid in the eyes of voters who are curious about his message but concerned about his electability.

Stefanie Westendorf, a 47-year-old plumber from Dayton, Ohio, voted for Trump in 2016 and 2020 but has also voted for Democrats in previous elections. She said she’s considering voting for Kennedy because of his background in environmental advocacy and because “he’s not a politician.” Still, she’s leaning toward supporting Trump in November because she doesn’t think Kennedy can qualify for the ballot in her state.

“I like Kennedy, but, you know, he’s not gonna be on the ballot in Ohio,” Westendorf said.

Kennedy is officially on the ballot in five states: battleground Michigan, Utah, Hawaii, Delaware and California. The campaign says it’s gathered enough signatures to put Kennedy on the ballot in two more battlegrounds, North Carolina and Nevada, as well as Idaho, Nebraska and Iowa.

The campaign has adopted a wide range of methods meant to find the easiest way to navigate the often disparate and convoluted processes to meet different ballot qualification criteria in each state. Volunteers have collected signatures outside sporting events, on college campuses, at festivals and state fairs and more across the country. The campaign has even drafted off the exposure of more prominent political events: Volunteers collected enough signatures to appear on the New Hampshire ballot by canvassing voters at polling places on the day of the Granite State’s presidential primary in January.

The campaign typically aims to collect at least 60% more signatures than the required amount in each state, a campaign official told CNN, to avoid invalidated signatures undermining Kennedy’s petition.

Kennedy has also reached out to minor parties with ballot eligibility in some states to circumvent the signature-gathering process altogether, making strange bedfellows of Kennedy and some fringe political groups. He’ll appear on Michigan’s ballot on the Natural Law Party line, a party best known for promoting transcendental meditation. In California, Kennedy will be on the ballot thanks to the American Independent Party, a group founded in the 1960s to promote segregationist Alabama Gov. George Wallace’s third-party bid in 1968.

In a video statement announcing his California ballot qualification, Kennedy condemned Wallace’s views and said the party has “been reborn as a party that represents not bigotry and hatred, but rather compassion and unity and idealism and common sense.”

Sierra Lyons attended a Kennedy campaign event in Michigan celebrating his ballot access win in the state along with her mother. A native of Macomb County who voted for Trump in 2020, she’s been volunteering for Kennedy since last year. She said she’s excited to have the chance to vote for Kennedy, despite criticisms from Democrats and Republicans that Kennedy could be a spoiler for Biden or Trump.

“I’m not even letting myself go there because I’m not going to vote for Biden or Trump, just because people say the odds are stacked against Kennedy,” Lyons said.
Roadblocks to access

The campaign’s ballot access infrastructure is overseen by campaign manager Amaryllis Fox Kennedy and Nick Brana, the campaign’s ballot access director, who coordinate strategy with staff and volunteers in each state. Trent Pool, a key ballot access consultant who has worked with the campaign since last year, has helped bring professional petition circulators into the campaign as it ramps up signature gathering in several states. (Pool was charged with assault in Manhattan last week, a New York police spokesperson told CNN. Pool’s attorney told CNN he is “innocent of all charges.”)

The team works closely with Paul Rossi, the campaign’s lead ballot access attorney who has spearheaded lawsuits challenging petition filing deadlines and signature gathering protocols and coordinated the campaign’s defense against legal challenges over its ballot access work.

In Utah, the state moved back its petition deadline for independent candidates after Kennedy sued the state. In Idaho, the state legislature changed its statutes on petition gathering after the campaign filed a lawsuit challenging its petition deadline and rules around signature gathering. And in Hawaii, the campaign successfully defended a challenge to invalidate its ballot petition from the state Democratic Party despite not being formally represented in the hearing by an attorney.

Despite those legal victories, Kennedy still faces a long road to nationwide ballot access. The campaign has yet to file petitions in most states, which will subject the campaign to scrutiny from more state elections officials and outside groups over the validity of their petitions and their signature collection methods. The campaign has already faced issues in Nevada, after the Secretary of State’s office admitted it “provided inaccurate guidance” to the Kennedy campaign regarding whether it needed to announce Kennedy’s vice presidential running mate prior to gathering signatures in the state.

The campaign is waiting to submit petitions in states where it said it has collected enough signatures to qualify until the deadlines in those states draw closer in hopes of reducing opportunities for legal challenges from Democrats and Republicans, a second campaign official told CNN.

American Values 2024, a super PAC backing Kennedy, had initially outlayed an eight-figure initiative earlier this year to gather signatures on behalf of Kennedy in some states. The PAC said it gathered enough signatures to put Kennedy on the ballot in Georgia, Michigan, Arizona and South Carolina. But in the wake of a Federal Elections Commission complaint filed by the Democratic National Committee alleging the PAC illegally coordinated with the Kennedy campaign to set up the ballot access operation, the PAC has abandoned its plans despite spending more than $2 million on the effort, a PAC official told CNN.

While most states require candidates to collect under 10,000 signatures to qualify, some states require candidates to meet significantly larger thresholds. Florida, for example, requires candidates to collect more than 145,000 signatures to qualify in the state. But Kennedy has expressed optimism about hitting signature targets in some states with the largest thresholds, like New York and Texas. New York in particular is a priority for Kennedy due to the state laws that require a high volume of signatures to be gathered in a short six-week window, the second campaign official told CNN, and the campaign sees qualifying in the state as a critical step in gaining ballot access nationwide. The campaign has volunteers in all 62 counties in New York working to collect the necessary 45,000 signatures before the state’s petition filing window closes at the end of May.

Matt Rigolini is a 43-year-old health care worker from Huntington, New York, who’s backing Kennedy. He said he didn’t vote in the 2020 election and would stay home again unless Kennedy is able to qualify for the ballot in New York.

“If Kennedy wasn’t on the ballot whatsoever, I would not be showing up to the polls. I have zero interest if he’s not on the ballot,” Rigolini said. “Trump is a non-option, and Joe Biden’s a non-option. So I would just be happy to sit that one out.”

The legal battles and signature-gathering challenges amount to financial hurdles that typically prevent independent candidates from gaining ballot access nationwide. Kennedy’s campaign ended March with about $6 million in cash on hand after ramping up spending in March to $4.5 million. But the campaign has received a significant financial boost from Nicole Shanahan, Kennedy’s independently wealthy vice presidential nominee, who contributed $2 million to the campaign in March. Politicians can contribute unlimited sums of money to their own campaigns, meaning Shanahan could continue to provide liquidity as the ballot access effort picks up steam.

For Kennedy, gaining ballot access is the first measure of his outsider campaign’s potency in the race. For some voters, their support for Kennedy is predicated on whether he can compete in every state. Debra Chilcott, 57, said she hopes Kennedy has enough support nationwide to get him on the ballot in every state. But Chilcott, a paralegal from Patchogue, New York, said that if he doesn’t get on the ballot everywhere, she’ll likely vote for Trump, whom she’s supported previously.

“I want to obviously put my money where the best bet is,” she said.

But while obtaining ballot access nationwide would mark a major milestone for Kennedy, it’s unclear at this point whether their grassroots outreach for petition signatures will help build support for Kennedy in November. Benjamin Novak, a Maryland voter and a senior at Towson University, gave his signature to help Kennedy get on the ballot in Maryland. He said he hopes Kennedy can gain ballot access across the country for the benefit of voters who want to support him. But he said he’s planning on voting for Biden in November.

“If I’m going to be honest, I’m not a huge Kennedy fan but I think it’s important to have options for third-party candidates even if they’re not your favorite. It sets a good precedent for the future,” Novak said.

But for some voters, the opportunity to potentially cast a ballot for a high-profile third-party candidate is an exciting prospect. Doniella Pliss, a 52-year-old from Springfield, New Jersey, said she’s planning to vote for Kennedy if he qualifies in her state. She’s voted for third-party candidates previously but typically supports Democrats. She said she hopes to be able to vote for Kennedy because he aligns with her values.

“Look, I’m not a rich person. I cannot buy influence. All I can offer is my vote. I value it very highly. My vote is never wasted,” Pliss said. “Do I see a path to victory? In an ideal world, maybe. In practical terms, maybe not. But for me personally, this vote is more of my choice, and my action and my civic duty. And that’s what I’m going to use it for.”



Saturday, May 04, 2024

Eco-Collapse Hasn’t Happened Yet, But You Can See It Coming

Degrowth Is the Only Sane Survival Plan.

By Stan CoxMay 1, 2024
Source: Tom Dispatch


Something must be up. Otherwise, why would scientists keep sending us those scary warnings? There has been a steady stream of them in the past few years, including “World Scientists’ Warning of a Climate Emergency” (signed by 15,000 of them), “Scientists’ Warning Against the Society of Waste,” “Scientists’ Warning of an Imperiled Ocean,” “Scientists’ Warning on Technology,” “Scientists’ Warning on Affluence,” “Climate Change and the Threat to Civilization,” and even “The Challenges of Avoiding a Ghastly Future.”

Clearly, there’s big trouble ahead and we won’t be able to say that no one saw it coming. In fact, a warning of ecological calamity that made headlines more than 50 years ago is looking all too frighteningly prescient right now.

In 1972, a group of MIT scientists published a book, The Limits to Growth, based on computer simulations of the world economy from 1900 to 2100. It plotted out trajectories for the Earth’s and humanity’s vital signs, based on several scenarios. Even so long ago, those researchers were already searching for policy paths that might circumvent the planet’s ecological limits and so avoid economic or even civilizational collapse. In every scenario, though, their simulated future world economies eventually ran into limits — resource depletion, pollution, crop failures — that triggered declines in industrial output, food production, and population.

In what they called “business-as-usual” scenarios, the level of human activity grew for decades, only to peak and eventually plummet toward collapse (even in ones that included rapid efficiency improvements). In contrast, when they used a no-growth scenario, the global economy and population declined but didn’t collapse. Instead, industrial and food production both leveled off on lower but steady-state paths.
Growth and Its Limits

Why should we even be interested in half-century-old simulations carried out on clunky, ancient mainframe computers? The answer: because we’re now living out those very simulations. The Limits to Growth analysis forecast that, with business-as-usual, production would grow for five decades before hitting its peak sometime in the last half of the 2020s (here we come!). Then decline would set in. And sure enough, we now have scientists across a range of disciplines issuing warnings that we’re perilously close to exactly that turnaround point.

This year, a simulation using an updated version of The Limits to Growth model showed industrial production peaking just about now, while food production, too, could hit a peak soon. Like the 1972 original, this updated analysis foresees distinct declines on the other side of those peaks. As the authors caution, although the precise trajectory of decline remains unpredictable, they are confident that “the excessive consumption of resources… is depleting reserves to the point where the system is no longer sustainable.” Their concluding remarks are even more chilling:


“As a society, we have to admit that, despite 50 years of knowledge about the dynamics of the collapse of our life support systems, we have failed to initiate a systematic change to prevent this collapse. It is becoming increasingly clear that, despite technological advances, the change needed to put us on a different trajectory will also require a change in belief systems, mindsets, and the way we organize our society.”

What is America doing today to break out of such a doomed trajectory and into a more sustainable one? The answer, sadly, is nothing, or rather, worse than nothing. On climate, for example, the most important immediate need is to end the burning of fossil fuels as soon as possible, something not even being considered by Washington policymakers in the country that hit record oil production and record natural gas exports in 2023. Even a quarter-century from now, wind and solar energy sources together are forecast to account for only about one-third of U.S. electricity generation, with 56% of it still being supplied by gas, coal, and nuclear power.

Now, it appears that rising electrical demand will delay the transition away from gas and coal even further. According to a recent report by the Washington Post’s Evan Halper, power utilities in Georgia, Kansas, Nebraska, South Carolina, Texas, Virginia, Wisconsin, and a host of other states are feeling the proverbial heat from exploding electricity consumption. Analysts in Georgia have, for instance, increased by 17-fold their estimate of the generation capacity that the state will require 10 years from now.

Such an imbalance between energy demand and supply is anything but unprecedented and the source of the problem is obvious. As successful as American industry has been in developing new technologies for generating energy, it has been even more successful at developing new products that consume energy. Much of the current rise in demand, for instance, can be attributed to companies working on artificial intelligence (AI) and other power-hungry computational activities. The usual suspects — Amazon, Apple, Google, Meta, and Microsoft — have been on data-center building sprees, as have many other outfits, especially cryptocurrency-mining operations.

Northern Virginia is currently home to 300 football-field-sized data centers, with more on the way, and there’s already a shortage of locally generated electricity. To keep those servers humming, electric utilities will be crisscrossing the state with hundreds of miles of new transmission lines plugged into four coal-fired power stations in West Virginia and Maryland. Plans were once in the works to shutter those plants. Now, they’ll be kept operating indefinitely. The result: millions more tons of carbon dioxide, sulfur, and nitrous oxides released into the atmosphere annually.

And the digital world’s energy appetite will only grow. The research firm SemiAnalysis estimates that if Google were to deploy generative AI in response to every Internet search request, a half-million advanced data servers consuming 30 billion kilowatt hours annually — the equivalent of Ireland’s national electricity consumption — would be required. (For comparison, Google’s total electricity consumption now is “only” about 18 billion kilowatt hours.)

How are Google and Microsoft planning to weather an energy crisis significantly of their own making? They certainly won’t back off their plans to provide ever more new services that hardly anyone asked for (one of which, AI, according to its own top developers, could even bring about the collapse of civilization before climate change gets the chance). Rather, reports Halper, those tech giants are “hoping that energy-intensive industrial operations can ultimately be powered by small nuclear plants on-site.” Oh, great.
It’s the Wealth, Stupid

The problem doesn’t lie solely with data servers. During 2021–2022, companies announced plans to construct 155 new factories in the United States, many of them to produce electric vehicles, data-processing equipment, and other products guaranteed to suck from the electrical grid for years to come. The broader trend toward the “electrification of everything” will keep lots more fossil-fueled power plants running long past their expiration dates. In December 2023, the firm GridStrategies reported that planners have almost doubled their forecast for the expansion of the national grid — probably an underestimate, they noted, given the rise in demand for charging electric vehicles, producing fuel for hydrogen-powered vehicles, and running heat pumps and induction stoves in millions more American homes. Meanwhile, increasingly hot summers could trigger a 30%-60% increase in power use for air-conditioning.

In short, this sort of indefinite expansion of the U.S. and global economy into the distant future is doomed to fail, but not before it’s crippled our ecological and social systems. In its 2024 Global Resources Outlook, the United Nations Environment Program (UNEP) reported that humanity’s annual consumption of physical resources had grown more than threefold in the half-century since The Limits to Growth was published. Indeed, resource extraction is now rising faster than the Human Development Index, a standard measure of well-being. In other words, overextraction and overproduction while producing staggering wealth aren’t benefiting the rest of us.

UNEP stressed that the need to deeply curtail extraction and consumption applies mainly to wealthy nations and the affluent classes globally. It noted that high-income countries, the United States among them, consume six times the mass of material resources per person as low-income ones. The disparity in per-person climate impacts is even greater, a tenfold difference between rich and poor. In other words, wealth and climate impact are inextricably linked. The share of recent global growth in gross domestic product captured by the most affluent 1% of households was nearly twice as large as the share that trickled down to the other 99%. I’m sure you won’t be surprised to learn that the 1% also produced wildly disproportionate quantities of greenhouse gas emissions.

In addition, societies with a wide rich-poor divide have higher rates of homicide, imprisonment, infant mortality, obesity, drug abuse, and teenage pregnancy, according to British epidemiology professors Richard Wilkinson and Kate Pickett. In a March commentary for Nature, they wrote, “Greater equality will reduce unhealthy and excess consumption, and will increase the solidarity and cohesion that are needed to make societies more adaptable in the face of climate and other emergencies.” In addition, their research shows that more egalitarian societies have significantly less severe impacts on nature. The higher the degree of inequality, the poorer the performance when it comes to air pollution, waste recycling, and carbon emissions.

The message is clear: curtailing ecological breakdown while improving humanity’s quality of life requires banishing the material extravagance of the world’s richest people, especially the growing crew of global billionaires. That would, however, have to be part of a much broader effort to rid affluent societies of the systemic overextraction and overproduction that threaten to be our global undoing.
Phase Out and Degrow

Old-fashioned computer simulations and present-day realities are, it seems, speaking to us in unison, warning that civilization itself is in danger of collapse. Growth — whether expressed as more dollars accumulated, more tons of material stuff produced, more carbon burned, or more wastes emitted — is coming to an end. The only question is: Will it happen as a collapse of society, or could the reversal of material growth be undertaken rationally in ways that would avoid a descent into a Mad Max-style conflict of all against all?

Increasing numbers of advocates for the latter path are working under the banner of “degrowth.” In his 2018 book Degrowth, Giorgos Kallis described it as “a trajectory where the ‘throughput’ (energy, materials and waste flows) of an economy decreases while welfare, or well-being, improves” in a fashion both “non-exploitative and radically egalitarian.”

In the past few years, the degrowth movement has — how else to put it? — grown, and quickly, too. Once a subject for a handful of mainly European academics, it’s become a broader movement challenging the injustices of capitalism and “green growth.” It’s the subject of hundreds of articles in academic journals, including the new Degrowth Journal, and a stack of books (including the captivating Who’s Afraid of Degrowth?). A 2023 survey of 789 climate researchers found almost three-quarters of them favoring degrowth or no-growth over green growth.

In a 2022 Nature article, eight degrowth scholars listed policies they believe should guide affluent societies in the future. Those include reducing less-necessary material production and energy consumption, converting to workers’ ownership, shortening working hours, improving and universalizing public services, redistributing economic power, and prioritizing grassroots social and political movements.

Could such policies ever become a reality in the United States, and if so, how? Clearly, the private businesses that dominate our economy would never tolerate policies aimed at shrinking material production or their profit margins (nor would the federal government we know today). Nevertheless, if more enlightened lawmakers and policymakers ever took control (hard as that may be to imagine), they might indeed head off the societal and environmental collapses now distinctly underway. The most effective pressure points for doing so would, I suspect, be the oil and gas wells and coal mines that now power such destruction.

As a start — unbelievable as it might seem in our present world — Washington would have to nationalize the fossil-fuel industry and put a nationwide, no-matter-what cap on the number of barrels of oil, cubic feet of gas, and tons of coal allowed out of the ground and into the economy, with that cap ratcheting briskly downward year by year. The buildup of wind, solar, and other non-fossil energy would, of course, be unable to keep pace with such a speedy suppression of fuel supplies. So, America would have to go on an energy diet, while the production of unnecessary, wasteful goods and services would have to be quickly reduced.

And yet the government would need to ensure that the economy continued to satisfy everyone’s most basic needs. That would require a comprehensive industrial policy directing energy and material resources ever more toward the production of essential goods and services. Such policies would rule out AI, bitcoin, and other energy gluttons that exist only to generate wealth for the few while undermining humanity’s prospects for a decent future. Meanwhile, price controls would be needed to ensure that all households had enough electricity and fuel.

My colleague Larry Edwards and I have been arguing for years that such a framework, what we’ve called “Cap and Adapt” is a necessity not for some distant future, but now. Similar federal policies for adapting to material resource limitations worked well in World War II-era America. Unfortunately, we live — to say the least — in a very different political world today. (Just ask one of this country’s 756 billionaires!) If there was ever a chance that a national industrial policy, price controls, and rationing could, as in the 1940s, be passed into law, that chance has sadly vanished — at least for the near future.

Fortunately, though, the international situation looks brighter. A burgeoning, vigorous movement is pushing for the two initial actions that would be essential to avoid the worst of climate chaos and societal collapse: the nationalization of, and a rapid phaseout of, fossil fuels in the affluent world. Those could turn out to be humanity’s first steps toward degrowth and a truly livable future. But the world would need to act fast.

And no excuses, okay? We’ve been given fair warning.



Stan Cox began his career in the U.S. Department of Agriculture and is now the Ecosphere Studies Research Fellow at the Land Institute. Cox is the author of Any Way You Slice It: The Past, Present, and Future of Rationing, Losing Our Cool: Uncomfortable Truths About Our Air-Conditioned World (and Finding New Ways to Get Through the Summer) and Sick Planet: Corporate Food and Medicine.

 

Physics confirms that the enemy of your enemy is, indeed, your friend


New study is first to use statistical physics to corroborate 1940s social balance theory


Peer-Reviewed Publication

NORTHWESTERN UNIVERSITY




Most people have heard the famous phrase “the enemy of my enemy is my friend.”

Now, Northwestern University researchers have used statistical physics to confirm the theory that underlies this famous axiom.

The study will be published on May 3 in the journal Science Advances.

In the 1940s, Austrian psychologist Fritz Heider introduced social balance theory, which explains how humans innately strive to find harmony in their social circles. According to the theory, four rules — an enemy of an enemy is a friend, a friend of a friend is a friend, a friend of an enemy is an enemy and, finally, an enemy of a friend is an enemy — lead to balanced relationships.

Although countless studies have tried to confirm this theory using network science and mathematics, their efforts have fallen short, as networks deviate from perfectly balanced relationships. Hence, the real question is whether social networks are more balanced than expected according to an adequate network model. Most network models were too simplified to fully capture the complexities within human relationships that affect social balance, yielding inconsistent results on whether deviations observed from the network model expectations are in line with the theory of social balance.

The Northwestern team, however, successfully integrated the two key pieces that make Heider’s social framework work. In real life, not everyone knows each other, and some people are more positive than others. Researchers have long known that each factor influences social ties, but existing models could only account for one factor at a time. By simultaneously incorporating both constraints, the researchers’ resulting network model finally confirmed the famous theory some 80 years after Heider first proposed it.

The useful new framework could help researchers better understand social dynamics, including political polarization and international relations, as well as any system that comprises a mixture of positive and negative interactions, such as neural networks or drug combinations.

“We have always thought this social intuition works, but we didn’t know why it worked,” said Northwestern’s István Kovács, the study’s senior author. “All we needed was to figure out the math. If you look through the literature, there are many studies on the theory, but there’s no agreement among them. For decades, we kept getting it wrong. The reason is because real life is complicated. We realized that we needed to take into account both constraints simultaneously: who knows whom and that some people are just friendlier than others.”

“We can finally conclude that social networks align with expectations that were formed 80 years ago,” added Bingjie Hao, the study’s first author. “Our findings also have broad applications for future use. Our mathematics allows us to incorporate constraints on the connections and the preference of different entities in the system. That will be useful for modeling other systems beyond social networks.”

Kovács is an assistant professor of Physics and Astronomy at Northwestern’s Weinberg College of Arts and Sciences. Hao is a postdoctoral researcher in his laboratory.

What is social balance theory?

Using groups of three people, Heider’s social balance theory maintains the assumption that humans strive for comfortable, harmonious relationships. In balanced relationships, all people like each other. Or, if one person dislikes two people, those two are friends. Imbalanced relationships exist when all three people dislike each other, or one person likes two people who dislike each other, leading to anxiety and tension. Studying such frustrated systems led to the 2021 Nobel Prize in physics to Italian theoretical physicist Giorgio Parisi, who shared the prize with climate modelers Syukuro Manabe and Klaus Hasselmann.

“It seems very aligned with social intuition,” Kovács said. “You can see how this would lead to extreme polarization, which we do see today in terms of political polarization. If everyone you like also dislikes all the people you don’t like, then that results in two parties that hate each other.”

However, it has been challenging to collect large-scale data where not only friends but also enemies are listed. With the onset of Big Data in the early 2000s, researchers tried to see if such signed data from social networks could confirm Heider’s theory. When generating networks to test Heider’s rules, individual people serve as nodes. The edges connecting nodes represent the relationships among individuals. 

If the nodes are not friends, then the edge between them is assigned a negative (or hostile) value. If the nodes are friends, then the edge is marked with a positive (or friendly) value. In previous models, edges were assigned positive or negative values at random, without respecting both constraints. None of those studies accurately captured the realities of social networks.

Finding success in constraints

To explore the problem, Kovács and Hao turned to four large-scale, publicly available signed network datasets previously curated by social scientists, including data from (1) user-rated comments on social news site Slashdot; (2) exchanges among Congressional members on the House floor; (3) interactions among Bitcoin traders; and (4) product reviews from consumer review site Epinions.

In their network model, Kovács and Hao did not assign truly random negative or positive values to the edges. For every interaction to be random, every node would need to have an equal chance of encountering one another. In real life, however, not everyone actually knows everyone else within a social network. For example, a person might not ever encounter their friend’s friend, who lives on the other side of the world.

To make their model more realistic, Kovács and Hao distributed positive or negative values based on a statistical model that describes the probability of assigning positive or negative signs to the interactions that exist. That kept the values random — but random within limits given by constraints of the network topology. In addition to who knows whom, the team took into account that some people in life are just friendlier than others. Friendly people are more likely to have more positive — and fewer hostile — interactions.

By introducing these two constraints, the resulting model showed that large-scale social networks consistently align with Heider’s social balance theory. The model also highlighted patterns beyond three nodes. It shows that social balance theory applies to larger graphlets, which involve four and possibly even more nodes.

“We know now that you need to take into account these two constraints,” Kovács said. “Without those, you cannot come up with the right mechanisms. It looks complicated, but it’s actually fairly simple mathematics.”

Insights into polarization and beyond

Kovács and Hao currently are exploring several future directions for this work. In one potential direction, the new model could be used to explore interventions aimed at reducing political polarization. But the researchers say the model could help better understand systems beyond social groups and connections among friends.

“We could look at excitatory and inhibitory connections between neurons in the brain or interactions representing different combinations of drugs to treat disease,” Kovács said. “The social network study was an ideal playground to explore, but our main interest is to go beyond investigating interactions among friends and look at other complex networks.”

The code and data behind the paper, “Proper network randomization is key to assessing social balance,” are available on Github: https://github.com/hbj153/signed_null

Friday, May 03, 2024

 

Thai police raid illegal bitcoin mining operation

Thai police have raided a massive illegal bitcoin mining operation in the country, seizing almost $2 million worth of equipment, officers said Friday.

Huge amounts of electricity are needed to power the vast computer farms that mine for cryptocurrency such as bitcoin, leading to heavy criticism of its impact on the climate.

Police on Wednesday swooped on a disused ice factory in western Samut Sakhon city after being tipped off about suspiciously high electricity usage.

“We found up to 690 (bitcoin-mining) units,” Samut Sakhon City Police chief Pichetpong Changkaikhon told AFP, worth an estimated $1.9 million (69 million baht).

Other seized items included an electrical transformer, laptops and aluminium cables. 

A Myanmar national was arrested on site with police still investigating a number of figures, including the factory owner and property leaseholder.

Pichetpong said there had been other raids targeting bitcoin mining in the city, but nothing on this scale in one location.

“There were other places raided too for illegal bitcoin mining but we found only 40 to 50 bitcoin mining units,” he said. 

Last week, officers from the Technology Crime Suppression Division raided two locations -– part of a Chinese temple in Ratchaburi and a warehouse in Samut Songkhram — where 187 and 465 bitcoin mining machines were seized respectively, worth an estimated $5 million.

Illegal bitcoin mining is on the rise in Thailand but requires huge amounts of electricity, with police often tipped off to the activity by massive power surges.