News about BITCOIN

News about Bitcoin

A failure to understand proof of work is a failure to understand #Bitcoin. A thread. ????????

submitted by /u/teaneedz [link] [comments]

This is how my bitcoin is mined

submitted by /u/baldlilfat2 [link] [comments]

How much Bitcoin is a farm like this pushing a day?

submitted by /u/SatoshiGoblin445 [link] [comments]

Square Declares It Won’t Buy More Bitcoin, Cites Network’s Carbon Footprint

Square, a fintech and digital payments company, has declared earlier today it doesn’t have plans to purchase more bitcoin in the near future. The company also referred to the carbon footprint of the Bitcoin network and how it is a real issue th...

Bitcoin Miner Argo Buys Two Hydro-Powered Data Centers

submitted by /u/castorfromtheva [link] [comments]

Bitcoin Whale Count Shrinks- Speculators Assume Trickle Distribution or Possible Address Reorganizations

The price of bitcoin has seen better days, as the coin’s value hit $59,600 four days ago and then saw the exchange rate tumble to a low of $45,700 per unit on May 12. There have been talks of whales selling coins and data shows that there&rsquo...

Why is no one talking about, that the energy consumption of Bitcoin is a security mechanism against specific network attacks?

There are multiple reasons why the energy consumption makes sense, since it prevents certain network attacks, like following: You really have to invest much in hardware & energy to mine blocks - and unlike with POS coins, it's therefore not...

Grow up: Bitcoin deserves all the criticism it has gotten lately

Criticism of BTC: ✅ Energy inefficient ✅ Slow ✅ Expensive transactions Acting like anything else is delusional and makes all of us look like lunatic cult members. To see people defend Bitcoin this much is kindda embarrassing. It's the first crypt...

Why are they looking at power consumption for Bitcoin mining when I bet no one ever assessed fuel or energy consumption or environmental impact mining actual mining (blowing up mountains, killing wildlife, polluting water etc)

submitted by /u/avielart [link] [comments]

I spy with my laser eye: A Twitter phenomenon to make Bitcoin mainstream?

An increasing number of high-profile celebrities have continued to adopt the “laser eye” meme on Twitter in recent months. Beams of light flashing out of a person’s ey...

MicroStrategy Buys $15 Million Bitcoin, Rejects Elon Musk’s Bitcoin Criticism

submitted by /u/TobiHovey [link] [comments]

Weekly Report: Bitcoin and Ether ETFs make headlines

From crypto ETF products to stable coins, here are the leading stories you might have missed this weekVanEck looking to be the first to list an Ether ETFGlobal investment firm VanEck is likely to be the first institution to have an Ethereum ETF in th...

Turkish customs confiscate over 500 smuggled Bitcoin mining rigs

Turkey’s biggest bust against crypto mining smugglers resulted in the seizure of $600,000 worth of illegal Bitcoin ASIC miners and the detention of four suspects. Turk...

‘Fear’ grips Bitcoin as crypto market sentiment drops to lowest levels since April 2020

Trader sentiment is verging on “extreme fear” as the Crypto Fear & Greed Index shows signs of the climate after the March 2020 cross-asset crash. Bitcoin (BTC) and...

There's a reason Satoshi walked away. Bitcoin is bigger than all of us

It took Bitcoin's first big media exposure from a PC World article for Satoshi to decide that it was time for him to step aside and let the people take the reins of the most ingenious monetary invention in history. Bitcoin finally sets man free f...

Clean Bitcoin Mining project launched by Argo and DMG

Eco-focused blockchain companies are looking to promote a carbon-neutral crypto space.DMG Blockchain Solutions and Argo Blockchain have announced a partnership that will see the two eco-focused blockchain companies work towards the decarbonisation of...

Early crypto pioneer slams Elon Musk’s ‘hypocrisy’ on Bitcoin payments

One early cryptocurrency entrepeneur thinks Elon Musk lacks moral consistency when it comes to his management of Bitcoin. The founder of one of the first physical cryp...

The Aspiring Answers to Bitcoin’s Enormous Energy Footprint

Following a tweet from Elon Musk highlighting Tesla’s suspension of bitcoin payment acceptance due to sky-high energy needs, the industry quickly responded by highlighting the capable solutions that already address this drawback. Musk’s C...

Bitcoin 'held up very well' despite biggest exchange inflow since March 2020 crash

Bitcoin saw a real test of its market composition on Thursday amid a sea of liquidations reminiscent of the events from last year. Bitcoin (BTC) has performed “very we...

'Bitcoin doesn't need Tesla' and industry 'is going to do just fine', Celsius CEO says

submitted by /u/collotennis [link] [comments]

"Not Dead. I am Bitcoin. And I am Inevitable"

Bitcoin is inevitable I fell from $30 to $2, they said I was dead I fell from $220 to $70, they said I was dead I fell from $1,100 to $200, they said I was dead I fell from $20,000 to $3,000, they said I was dead I fell from $64,000 to $48,000, they...

Bitcoin hash rate sets new milestone - 200 Ehash/s!!!

Since Elon Musk exposed himself as a clueless buffoon, the most secure decentralized network in the world got 20% stronger, to set a new ATH hash rate of 200 Ehash/s By comparison, Chairman Vitalik coin hash rate - ≈ 600 Thash/s ( 0.00028% of Bitcoin...

I just realized that It’s easier to hack a pipeline for 5 million than Bitcoin itself for more money.

I understand the situation sucks but does this situation show just how hard it is to hack Bitcoin? That hackers risk getting caught and attack a pipeline rather than Bitcoin itself? submitted by /u/khwr3v [link] [comments]

5 years ago today bitcoin was at $446.28

$49,443.80 today = 110.79x your investment 5 years ago. $63,237.00 on Apr 15 vs 433.39 in april 2016 was a 145.9x At no point in bitcoin’s history was it worth less than it was 5 years previously. It took 3 years for bitcoin for it to return to its D...

This is a very important message about bitcoin. Please take the time to read it.

I mainly created this thread because of so many users coming here and saying bitcoin is old and outdated. These users are very misinformed. They've been fed misinformation by people that are profiting from spreading misinformation. Just read the...

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