Russia’s cold climate and cheap energy lead thousands of households to mine bitcoin. After China banned bitcoin earlier this year, Russia became the world’s second-biggest bitcoin miner country. Its cold climate nurtures the perfect conditions for bitcoin rigs to function…
Kategorie: Crypto Trends
Why I Find The Bitcoin Community So Compelling
The Bitcoin community assembles like minded people who hold the values of freedom and sovereignty above all else. Listen To This Episode: Apple Spotify Google Libsyn Overcast Art and Bitcoin — both draw in some of the most creative minds…
Bitcoin’s Proof Of Work Is Well Worth Its Fees
While centralized exchanges might think they want to promote proof-of-stake blockchain projects, they misunderstand the value of Bitcoin’s proof-of-work model. Recently, in an apparent response to a largely-flawed critique of stablecoins from the Open Markets Institute, cryptocurrency exchange FTX clarified…
Michael Saylor Owns $866M Worth of Bitcoin: Report
The CEO of software intelligence company MicroStrategy reportedly said he owns over 17,000 BTC. MicroStrategy CEO Michael Saylor reportedly owns at least 17,732 bitcoin. Saylor’s bitcoin holdings are worth about $866 million. The executive targets a $6 million BTC price.…
Three Easy Pieces: How to Teach Your Grandmother Bitcoin
“How do we get our grandmothers to grok Bitcoin like the shadowy super coders we always wanted them to be?” A defining feature of the Digital Era has been the rise of digital entities of incredible complexity, which manage to…
Media Is Adopting A Bitcoin Standard
Bitcoin is revolutionizing media, as evidenced by the capabilities of podcasting 2.0 on the Lightning Network. The below is a direct excerpt of Marty’s Bent Issue #1133: “Media on a Bitcoin Standard.” Sign up for the newsletter here. Bitcoin is…
Bitcoin City: Can The Key To BTC Taxes Be VAT?
The proposed El Salvador project would receive tax revenue in an interesting way that appears on the surface more digestible to investors. El Salvador President Nayib Bukele recently outlined ambitious plans to construct a Bitcoin City at the base of…
Huobi Drives Exchange Bitcoin Balances Even Lower
Since March 2020, the total balances of bitcoin being kept on exchanges have fallen by nearly 630,000 BTC, roughly a 20% decline. The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be…
The City Of Abilene And Taylor County To Build $2.4 Billion Data Center, Will Host Bitcoin Mining
The renewable energy powered, large-scale data center campus will host bitcoin mining. Today, Texas’s City of Abilene and Taylor County announced a large-scale partnership with Houston-based infrastructure company, Lancium, to build a $2.4 billion data center campus, per a press…
How Bitcoin’s Sound Incentives Drive A Sound World
Why is bitcoin the superlative choice of money for aligning the incentives of the world to the greatest benefit? Clearing one’s mind and gazing into the machinery of the economic world, one is left with little besides absolute awe. Humanity’s…