News about Bitcoin

More / Bitcoin Reddit - 2 years ago

Bitcoin tries to maintain 10 minutes between each block. This gives everyone in the world enough time to update their ledgers. Consistency is difficult when millions of machines are turned on and off every day. And yet, bitcoin is still becoming more reli

Sure a lot of people stepped out once the difficulty went up, their PCs where getting too hot and they weren't getting any Bitcoin. More difficulty with lower hashrate means more time to mine a block, and the difficulty adjusts itself every few bloc...

More / Bitcoin Reddit - 2 years ago

Bitcoin tries to maintain 10 minutes between each block. This gives everyone in the world enough time to update their ledgers. Consistency is difficult when millions of machines are turned on and off every day. And yet, bitcoin is still becoming more reli

Sure a lot of people stepped out once the difficulty went up, their PCs where getting too hot and they weren't getting any Bitcoin. More difficulty with lower hashrate means more time to mine a block, and the difficulty adjusts itself every few bloc...

More / Bitcoin Reddit - 2 years ago

Bitcoin tries to maintain 10 minutes between each block. This gives everyone in the world enough time to update their ledgers. Consistency is difficult when millions of machines are turned on and off every day. And yet, bitcoin is still becoming more reli

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, compa...

More / Bitcoin Reddit - 2 years ago

Bitcoin in Argentina

I have a work colleague who is trying to financially support her family in Argentina. I want to open her the possibilities of Bitcoin to do so (not only to store the wealth without risk of debasement, but also saving some fat % points in wire fees)....

More / Bitcoin Reddit - 2 years ago

Bitcoin is the new global focal point for value, economic integrity and immutable truth. Network participants are collectively changing global finance through individual action encouraged by proper incentives. Respect to everyone involved.

Bitcoin isn’t conspiring to commit genocide. I’m certain of that. Bitcoin is neutral money that can’t be censored, debased or confiscated (if used properly). The robot central bank in the sky that is open to all, always on, and can’t be changed or c...