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In our latest podcast episode, "The Great Green Heist: Rowan Energy's Scam-tastic Solar Saga," retired comedians Chuck and Lila unpack the spectacular collapse of Rowan Energy, a UK-based startup that promised a "green blockchain" but delivered a textbook crypto scam. Founded in 2018 by David Duckworth, Rowan lured eco-conscious investors with its SmartMiner device, claiming it would earn £450 yearly in RWN tokens for solar power generation. The pitch? A win-win for sustainability and profit. The reality? A £1,500 paperweight and a financial rug pull.
With their trademark wit, Chuck and Lila dive into the facts: Rowan's "Proof of Generation" blockchain was a closed Ethereum fork hiding a secret mint function that inflated the token supply from a claimed 545 million to 945 million. A white-hat hacker exposed this in April 2025, minting a billion tokens to prove the flaw before burning them. Duckworth gaslit investors for 69 days, denying the fraud, promising non-existent updates, and then abruptly shutting down in June 2025, leaving SmartMiners useless and RWN tokens worthless. Trustpilot reviews plummeted to 2.1/5, with Reddit dubbing it a "pyramid with panels." Packed with puns ("Duckworth ducked out with the worth!") and absurd analogies, the episode roasts this greenwashed fraud while championing real innovation. As techno-optimists, Chuck and Lila remind us: true green tech accelerates abundance, not absence of funds. Listen now for a quack-tastic takedown!
By Fredrik AhlgrenGenerated by Grok and NotebookLM
In our latest podcast episode, "The Great Green Heist: Rowan Energy's Scam-tastic Solar Saga," retired comedians Chuck and Lila unpack the spectacular collapse of Rowan Energy, a UK-based startup that promised a "green blockchain" but delivered a textbook crypto scam. Founded in 2018 by David Duckworth, Rowan lured eco-conscious investors with its SmartMiner device, claiming it would earn £450 yearly in RWN tokens for solar power generation. The pitch? A win-win for sustainability and profit. The reality? A £1,500 paperweight and a financial rug pull.
With their trademark wit, Chuck and Lila dive into the facts: Rowan's "Proof of Generation" blockchain was a closed Ethereum fork hiding a secret mint function that inflated the token supply from a claimed 545 million to 945 million. A white-hat hacker exposed this in April 2025, minting a billion tokens to prove the flaw before burning them. Duckworth gaslit investors for 69 days, denying the fraud, promising non-existent updates, and then abruptly shutting down in June 2025, leaving SmartMiners useless and RWN tokens worthless. Trustpilot reviews plummeted to 2.1/5, with Reddit dubbing it a "pyramid with panels." Packed with puns ("Duckworth ducked out with the worth!") and absurd analogies, the episode roasts this greenwashed fraud while championing real innovation. As techno-optimists, Chuck and Lila remind us: true green tech accelerates abundance, not absence of funds. Listen now for a quack-tastic takedown!