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  • 'Project SHADOW' Exposed 👁️ , $899 U.S. Miner Launches ⛏️ , AI Agents Hold Bitcoin 🤖

'Project SHADOW' Exposed 👁️ , $899 U.S. Miner Launches ⛏️ , AI Agents Hold Bitcoin 🤖

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Greetings Bitcoiner,

❝

Welcome to Issue #474 of Bitcoin Breakdown, where every Tuesday and Thursday, we bring you the latest must-read Bitcoin thought leadership articles and the newest tools and projects you should know about.

But first, today’s Top Stories:

  • 👁️ Inside the 269-Check Surveillance Machine Behind OpenAI

  • ⛏️ FutureBit Drops a U.S.-Built Home Miner for $899

  • 🤖 A Bitcoin Wallet Built for Machines

The comprehensive IT-industry rundown

Every day, IT teams make decisions that affect security, budgets, and how the business runs.

IT Brew is built for those moments—delivering clear, timely coverage of the trends shaping IT so you understand what’s changing before it turns into a meeting, a ticket, or a fire drill.

Join 125K+ industry pros reading {IT Brew’s newsletter} for free.

Check it out

❝

👁️ Inside the 269-Check Surveillance Machine Behind OpenAI

Researchers exposed 2,456 unprotected source files from KYC provider Persona, revealing 269 identity verification checks, facial recognition databases, and direct reporting pipelines to FinCEN and FINTRAC -- tagged with intelligence codenames like Project SHADOW.

Why it matters: This is what KYC compliance looks like under the hood. Sovereign identities, sovereign money, and sovereign protocols are the exit. Bitcoin, Nostr, and open-source AI don't require your face to participate. Read more→

On the mining front...

⛏️ FutureBit Drops a U.S.-Built Home Miner for $899

FutureBit launched the Apollo III -- a desktop miner pairing American-designed 3nm ASICs with a full Bitcoin node. It pushes up to 18 TH/s with a dynamic 50-to-400-watt power range.

Why it matters: Some argue that geographic diversity in ASIC design is a sovereignty issue because when one country controls the silicon pipeline, the whole network carries supply chain risk. The Apollo III isn't competing with Bitmain -- it's building an alternative to depending on them. Read more→

Shifting to Bitcoin infrastructure...

🤖 A Bitcoin Wallet Built for Machines

Ark Labs CEO Marco Argentieri launched Claw Cash -- an open-source Bitcoin wallet for AI agents. The tool accepts stablecoins from humans, immediately converts them to bitcoin, and settles agent-to-agent payments via Ark protocol. Altcoins go in; sound money comes out.

Why it matters: AI agents can't call banks, verify stablecoin reserves, or navigate regulatory freezes. Bitcoin's supply cap is enforced by code -- the only money machines can cryptographically verify without trusting anyone. Read more→

​
  • Olde Salt, a national security veteran with 39 years of experience, explains why Bitcoin would survive even a catastrophic high-altitude electromagnetic pulse attack, thanks to the network's extreme decentralization, the global distribution of nodes and miners, and cold storage wallet technology, making it virtually indestructible (Feb 19 | 16 min read).

  • Checkonchain analysts highlight that bitcoin's short-term holder stress metric has plunged to its lowest level since 2018, signaling extreme capitulation that historically preceded major rallies including a 1,900% surge, while Wells Fargo anticipates potential liquidity inflows by end-March 2026 (Feb 18 | 2 min read).

  • Justin Bechler, a Bitcoin community commentator, alleges in an 𝕏 writeup that David Bailey engineered a 99% stock collapse in Nakamoto Holdings to acquire his own private companies (BTC Inc and UTXO Management) at 4x market price using pre-negotiated terms that diluted retail investors who bought shares at inflated valuations (Feb 17 | 9 min read).

  • Max Musumeci, a Bitcoin researcher and educator, argues that fears of quantum computers destroying Bitcoin are overblown science fiction, noting that current quantum machines lack the 13M qubits and error correction needed to crack Bitcoin's cryptography within decades or even a century (Feb 13 | 4 min read).

  • Matteo Pellegrini of Club Orange argues that Bitcoin holders face social isolation rather than technical challenges, because friends and family don't understand their conviction, and promotes his members-only network as the solution for Bitcoiners to find local community connections across 71 countries through paid membership filtering (Feb 16 | 5 min read).

  • Shinobi of Bitcoin Magazine argues that attempts to block 'spam' transactions through consensus changes like BIP 110 are as absurd as blocking HTTP traffic, since Bitcoin will inevitably remain money-focused while technology cannot be controlled and serves countless unpredictable purposes (Feb 18 | 7 min read).

  • Kyle Santiago of PrivKey argues that BIP 110 is a necessary temporary soft fork to stop inscription spam from consuming 37% of block space, restore Bitcoin's focus on monetary transactions, and protect node operators from subsidizing permanent data storage at the network's expense (Feb 17 | 11 min read).

  • Gloria Zhao, a Bitcoin core developer who recently stepped down from her role as mainainter, writing in Bitcoin Magazine's Core Issue, argues that Bitcoin's decentralized transaction relay network faces growing threats from mempool pinning attacks and private miner deals, warning that rational shortcuts toward centralized blockspace brokers could undermine Bitcoin's permissionless censorship resistance unless the public peer-to-peer network improves (Feb 17 | 7 min read).

  • Kirubai Brian of Lightning(dot)News reviews Bitika, a Kenya-based Bitcoin on-ramp that enables users to buy bitcoin with M-Pesa starting from 10 KES without KYC requirements, highlighting its radical simplicity while noting liquidity challenges and Kenya-only availability (Feb 17 | 3 min read).

  • Fedi reports on Bitcoin Indonesia's Sats-turday Market in Bandung, where 400 attendees from 16 communities and 10 merchants successfully demonstrated a closed-loop bitcoin economy using the Fedi app, proving bitcoin can function as community points for practical transactions beyond bitcoin-native groups (Feb 16 | 2 min read).

  • Antoine Poinsot, a Bitcoin Core contributor from Chaincode Labs, calls for a realistic discussion on deprecating the Bitcoin Core GUI due to insufficient development and review, questioning whether the costs of maintaining it outweigh benefits and whether users have viable alternatives by the time of its potential removal (Feb 13 | 4 min read).

  • Satring, in an article on Stacker News, analyzes territory economics across 56 Stacker News communities using GraphQL API data, revealing that founder take rates vary from 14% to 57% depending on whether territories generate revenue primarily through posting fees versus zaps, with engaged communities showing higher stacker participation and lower founder revenue ratios (Feb 19 | 1 min read).

  • Kudzai Kutukwa, author of the 'Exit The Matrix' newsletter, argues that modern freedom is an illusion engineered through institutional control, manufactured consent, and financial dependence, advocating for Bitcoin and systematic exit from state systems as the path to genuine sovereignty rather than reform within captured institutions (Feb 18 | 15 min read).

  • Venezuelan bitcoin user Lenonmc21, writing on Stacker News, shares how BTC and stablecoins serve as essential stores of value against hyperinflation for him, detailing personal accumulation strategies via P2P exchanges and aspirations to educate fellow Venezuelans about Bitcoin (Feb 12 | 3 min read).

  • Paper of Bitshala shares how their Hands-On Design Lab workshop teaches designers about bitcoin through experiential learning, where small groups investigate wallet interfaces and discover bitcoin's value proposition by solving real design challenges rather than through lectures (Feb 12 | 4 min read).

  • ICYMI: Nicholas Anthony, policy analyst at the Cato Institute’s Center for Monetary and Financial Alternatives, argues that governmental pressure (not political or religious discrimination) drives most debanking cases, and urges Congress to reform the Bank Secrecy Act, repeal confidentiality laws, and permanently end reputational risk regulation (Jan 8 | 40 min read).

  • New on Geyser: Wesatoshis, a Bitcoin hardware card enabling sovereign payments without mobile apps or intermediaries, completes a successful crowdfunding campaign raising over $6,400 from 25 backers for app-free, self-custody Bitcoin transactions.

  • New on Geyser: Geyser documents how BTC donations funded post-flood cleanup in Aceh, Indonesia, where over 1,000 lives were lost, with transparent updates on tool distribution and rebuilding efforts.

  • Braiins OS 26.01 introduces Dynamic Performance Scaling as the default, enabling bitcoin miners to maintain uptime during extreme temperatures by automatically adjusting power instead of shutting down

  • NUT-24, a Cashu ecash specification, enables HTTP 402 micropayments through a five-step handshake where servers issue payment requests via X-Cashu headers and clients retry with cashuB tokens for instant validation.

  • Mostro, an open-source peer-to-peer bitcoin trading app, integrates built-in Lightning wallet functionality via Nostr Wallet Connect, enabling automated payments, invoice generation, and seamless in-app transactions.

  • LiquiSabi, an open-source monitoring tool for WabiSabi coordinators on Nostr, enables users to track and publish coordinator data through a consolidated dashboard interface.

  • Orangesurf proposes a method for hardware wallets to display human-readable messages during BIP322 signature operations by transmitting original messages via SD card files or QR codes for cryptographic verification.

  • Orange-dev-network, a social layer mapping tool for Bitcoin development, analyzes 15 years of technical consensus formation.

  • Block Delivery Network (BDN) serves Bitcoin blockchain data via HTTP endpoints, enabling light clients to fetch block headers, compact filters, transactions, and Silent Payment tweak data from personal nodes or CloudFlare-cached instances.

  • DOUBLEBUST combines Bitcoin's blockchain randomness with parimutuel betting, where players wager sats on AI-generated scenarios and outcomes are provably determined by future block hashes via HMAC-SHA-256.

  • LightPhon is an online marketplace that enables users to access Large Language Models via Lightning payments while allowing GPU owners to monetize idle graphics cards through its node system.

  • Matcher(dot)news, a minimalist Tinder-style news reader, now supports Nostr long-form notes (NIP-23).

  • Stacker News introduces evergreenness ranking allowing old posts to compete with new content through zaps and boosts, plus unified sat investment display and search improvements.

  • AI Startup Rodeo brings together AI engineers and Bitcoin developers for a two-day builder summit in Austin on March 10-11, 2026, featuring hands-on labs, workshops, and demos during SXSW week.

  • Strike, a Bitcoin financial services platform, extends margin call recovery window to 72 hours and raises threshold to 65% LTV, while implementing partial liquidation strategy that has kept liquidations below 3% of outstanding loans.

  • DENMS is a distributed Nostr-based encrypted messaging system that enables offline, client-side encryption using npub identifiers, with built-in support for privacy-focused distribution via Nostr, NTFY, Blossom, DPASTE, and IPFS.

  • JAN3's new AI division, A1 Lab, launches Echos, a free open-source transcription app that runs entirely offline using on-device AI to convert speech to text in over 65 languages without accounts or data sharing.

  • Bitcoin Research Kit, an open-source on-chain analytics platform, enables users to self-host blockchain explorers, address indexes, and thousands of metrics directly from their Bitcoin nodes without external APIs.

  • The Bitcoin Lab provides free on-chain analytics for Bitcoin with 350+ metrics, interactive charts, real-time monitoring dashboards, and REST API access updated every block from their own Bitcoin Core node.

  • Greenart7c3 announces Morganite, a local Blossom cache for Android that enables decentralized media storage, available on Zapstore with open-source implementation specifications on GitHub.

  • Bitchat Community announces upcoming device-to-device app installation feature enabling users to share and install the messaging application directly with each other without internet connectivity.

Source

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