About 20% of the world’s bitcoin miners are estimated to still operate from Chinese soil. According to a report by CNBC, bitcoin miners have found ways to keep operating in China despite the country’s comprehensive efforts to crack down on…
Kategorie: Crypto Trends
Bitcoin Support, a New Service To Help Users Self-Custody BTC
Bull Bitcoin’s new service aims to help users be sovereign over their bitcoin holdings. Canadian bitcoin company Bull Bitcoin has launched a new service to help anyone install, secure, and manage a self-custody bitcoin wallet, the company said in a…
Federal Court Dismisses Lawsuit From Silk Road Founder, Bitcoin Pioneer Ross Ulbricht
A federal court has dismissed a religious rights lawsuit filed by Silk Road founder Ross Ulbricht, who is seeking closer communication with his family. A federal court in Arizona has dismissed a religious rights lawsuit filed in May by convicted…
HRF, Strike to Launch 3 Lightning Bounties of 1 BTC
The initiative will support FOSS developers working to increase the usability and privacy of Lightning wallets with 3 BTC in total. HRF and Strike will grant 1 BTC for developers that solve each of three challenges they’re putting out for…
Bitcoin Miner Stronghold To Acquire 9,080 Rigs
The mining company has also signed a separate $54 million financing agreement with NYDIG. Bitcoin miner Stronghold has signed separate deals to purchase 9,080 rigs. The company also entered into an equipment-financing agreement with NYDIG for up to $54 million.…
Bitcoin And The Means To An End: Appreciation Is Simply A Vehicle For Major Change
Getting rich is awesome, but Bitcoiners should prepare for major innovation and the unique opportunities Bitcoin presents. “Never sell your bitcoin.” You’ve probably heard that one before. And it isn’t a completely unfounded piece of advice; built into the supply-predictable,…
What If All The Money Being Printed Went Straight To Bitcoin?
A thought experiment on the value of bitcoin if the Federal Reserve began stacking when bitcoin was created. If you have fallen far enough down the rabbit hole, you know that bitcoin’s supply schedule currently rewards 6.25 new bitcoin every…
How Sports And Bitcoin Exemplify Low Time Preference And Efficient Energy Expenditure
Sports and Bitcoin both transform energy through low time preference into appreciable proof-of-work rewards. Preface: All human action stems from the desire to increase our supply of accessible energy reserves. Humans act to transform energy from inaccessible to accessible. We…
Bitcoin Is Not Dirty: It Is Radically Green
A common misconception, bitcoin is not a drain on the environment but an incentive for ever-increasing energy efficiency. Upon reading the opinion piece in the San Francisco Chronicle penned by Steve Westly, we are reminded of Brandolini’s Law, which we paraphrase…
Hyperinflation Will Change Everything, But Bitcoin Is Dilution Proof
As signs of hyperinflation in the U.S. continue to appear, our society will suffer in numerous ways. Those who choose bitcoin will have some protection. The greatest trick the government ever pulled was convincing the world that inflation was a…