Readit NewsSubstack is building a new economic engine for culture. Many of the world's leading thinkers, writers, and creators are using Substack to produce their work and connect directly with their audiences.
Substack is a startup funded by YC, a16z, and others. We raised our Series B two years ago and are growing quickly.
We are hiring for:
- iOS engineer
- software engineering manager
Substack is building a new economic engine for culture. Many of the world's leading thinkers, writers, and creators are using Substack to produce their work and connect directly with their audiences.
Substack is a startup funded by YC, a16z, and others. We raised our Series B two years ago and are growing quickly.
We are hiring for:
- full-stack engineer
- iOS engineer
- software engineering manager
For readers who aren't subscribed to Medium, it can be annoying. You go to read an article, and if that article is monetized, you see a banner to sign up. Plenty of people leave immediately.
Now let me tell why, as a writer, I still use Medium and will continue for the time being.
I only post 2-4 articles on there per month. But even then, I'm seeing ~50K views per month and this month I'm on track to earn $1000.
To see those same results on my own blog, I would need to learn a lot about SEO, affiliate marketing, and have a large Twitter following to direct traffic to my blog. I would also need to maintain it myself.
Sure, I might have a higher chance of going viral on HN, but how likely is that even anyway?
As a full-time developer with a newborn who's just looking to earn some fun money, Medium is perfect. I write, submit to a publication, and they take care of the rest.
People may say, "I'm not going to read your posts on Medium." My answer is: okay? Can't make everyone happy. But I'm still getting 50K views from people who do want to read them, and I'm okay with that.
The other point to make is that Medium only pays for views/reads from other Medium members, so I don't necessarily care if I go viral on HN or not. If I really cared about going viral, I would just post my article to something like dev.to and then submit it to HN.
If you're just looking to write and get views/go viral and don't care about money, then it might not make sense to post to Medium. But if you want to earn some money with relatively little effort, Medium is hard to beat.
Edit: Here's proof of my claims for people questioning them (https://medium.com/@SunnyB/proof-of-medium-stats-700c2b0b638...). Note: it is a Medium link to an unlisted post. Didn't know where else to put it.
https://soundcloud.com/nasa/first-sounds-from-mars-filters-o...
With annotations: https://www.reddit.com/r/venus/comments/7vpr1w/sound_recordi...
> So to sum up, part of the reason Bitcoin consumes so much electricity is because China lowered the clearing price of energy by overbuilding hydro capacity due to sloppy central planning. In a non-Bitcoin world, this excess energy would either have been used to smelt aluminum or would simply have been wasted.
The author goes on to explain that the bitcoin trading market becomes a worldwide distribution & settlement-input for the new energy distribution, if I understood correctly.
(I feel less confident in summarizing the carbon footprint points discussed)
> If Bitcoin ends up being worth substantially more in the future than it is worth today (say, by an order of magnitude), then the world will actually have received a discount on its issuance.
And this point seems a lot more intuitive.
Overall I have a lot of questions but am grateful for the shared insights from various positions. Thanks for sharing the article.
Energy usage is distributed across industries and sectors, and we frequently criticize oil/gas and automobiles. Other technologies, like batteries, seem to avoid the laser-focus of the eco-oriented press. Batteries are very energy-heavy/carbon-heavy to produce. For example, the total carbon impact of a Tesla may in fact be higher than a conventional automobile. [1]
Point is: understanding total environmental costs of any technology is a Hard Problem.
[1] https://www.ucsusa.org/resources/cleaner-cars-cradle-grave