Saturday, 13 March 2021

Companies That Make Mining Bitcoin Easy

Companies That Make Mining Bitcoin Easy submitted by /u/Cutiosityunveil
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source https://www.reddit.com/r/btc/comments/m42u4e/companies_that_make_mining_bitcoin_easy/

Google Trends: “Bitcoin” is Now Searched Twice as Much as “Covid-19”

Google Trends: “Bitcoin” is Now Searched Twice as Much as “Covid-19” submitted by /u/ledonskim754
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MicroStrategy buys another $15M in Bitcoin

MicroStrategy buys another $15M in Bitcoin submitted by /u/Jack_Strw
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Warning: The absolute most risk you should take on is a portfolio that is 50% Bitcoin

But I would strongly recommend you consider a more conservative allotment of 80 - 100% just to be safe.

submitted by /u/ztsmart
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Corbyn Fraser mentions the privacy attributes of Monero and Ethereum on the Bitcoin.com podcast but no mention of Cash Fusion on Bitcoin Cash. Can we have a public statement Roger why your podcast no longer supports BCH?

submitted by /u/stewbits22
[link] [comments]

source https://www.reddit.com/r/btc/comments/m41cle/corbyn_fraser_mentions_the_privacy_attributes_of/

Can someone explain why people are bashing bitcoin cash over nano’s failure?

Can someone explain why people are bashing bitcoin cash over nano’s failure? submitted by /u/FaxTimeMachine
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source https://www.reddit.com/r/btc/comments/m417gv/can_someone_explain_why_people_are_bashing/

A Quick Update on Growing NFT Trades Happening on Bitcoin Cash...Low Fees Scale

A Quick Update on Growing NFT Trades Happening on Bitcoin Cash...Low Fees Scale submitted by /u/slowsynapse
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source https://www.reddit.com/r/btc/comments/m3zd11/a_quick_update_on_growing_nft_trades_happening_on/

Couldn't buy the dip

Was about to buy today when it was at 55.200 but i had to go take a poop, when i came back, it was almost 56k, i said to myself "maybe it goes down again" but now it's 57k

Don't be like me, buy before taking a poop

submitted by /u/Cheaterfield
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/r/Bitcoin narrative reaching breaking point - Community debates abandoning "not your keys, not your coins" and encouraging new users to hold on exchanges in face of rising fees

submitted by /u/Shibinator
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source https://www.reddit.com/r/btc/comments/m3zs92/rbitcoin_narrative_reaching_breaking_point/

Peter Todd contributing to BCHA

So I started scrolling through BCHA to see if anything was even happening over there and I was surprised to see Peter Todd listed as one of the contributors. I thought he was a small blocker?

https://github.com/Bitcoin-ABC/bitcoin-abc/blob/master/CONTRIBUTING.md

submitted by /u/yeahhhbeer
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source https://www.reddit.com/r/btc/comments/m3yh30/peter_todd_contributing_to_bcha/

The doctor is in! [PHOTOYSHOP] NFT art piece was sold for 0.1888 BCH ($100) on 🌴 Juungle today

The doctor is in! [PHOTOYSHOP] NFT art piece was sold for 0.1888 BCH ($100) on 🌴 Juungle today submitted by /u/blockparty_sh
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source https://www.reddit.com/r/btc/comments/m3ywqz/the_doctor_is_in_photoyshop_nft_art_piece_was/

Elon is growing more at peace with his Bitcoin investment : "BTC (Bitcoin) is an anagram of TBC(The Boring Company); both do mining & use blocks & chains!"

Elon is growing more at peace with his Bitcoin investment : "BTC (Bitcoin) is an anagram of TBC(The Boring Company); both do mining & use blocks & chains!" submitted by /u/Bitcoin1776
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Found ANOTHER wallet...

Found ANOTHER wallet... submitted by /u/dabmeoutbro
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I went from a $300 experiment to finally being able to afford a tool I’ve lusted over for the past five years that will take my wood shop to the next level. What a wild time we get to experience.

I went from a $300 experiment to finally being able to afford a tool I’ve lusted over for the past five years that will take my wood shop to the next level. What a wild time we get to experience. submitted by /u/ShawnSaturday
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Have fun ... (the various to have fun with BTC now and in the future)

[ ] Have fun staying unconfirmed

[ ] Have fun with outputs that can't be spent

[ ] Have fun trying to predict what fee is needed to confirm on time

[ ] Have fun paying more for a transaction than it costs to run a node for a month

[ ] Have fun with custodial platforms as p2p becomes too expensive

[ ] Have fun with KYC hassling you for more information than needed

[ ] Have fun trying to find a route on Lightning Network

[ ] Have fun trying to fight fraud on Lightning Network when your fraud proof transaction costs more in fees than your lost funds

[ ] Have fun with developers who tell you this is "decentralization"

submitted by /u/Pablo_Picasho
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source https://www.reddit.com/r/btc/comments/m3wmkb/have_fun_the_various_to_have_fun_with_btc_now_and/

Live fast, die young ( Buy more Bitcoin Cash)

Live fast, die young ( Buy more Bitcoin Cash) submitted by /u/Select_Banana8833
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source https://www.reddit.com/r/btc/comments/m3vq8x/live_fast_die_young_buy_more_bitcoin_cash/

"Don't listen to what they say, watch what they do! In 2017, Anthony Pompliano was urging his followers to hold and not sell their cryptocurrencies. During that same month, his hedge fund, Morgan Creek Digital, sold 90% off their btc." CryptoWhale

"Don't listen to what they say, watch what they do! In 2017, Anthony Pompliano was urging his followers to hold and not sell their cryptocurrencies. During that same month, his hedge fund, Morgan Creek Digital, sold 90% off their btc." CryptoWhale submitted by /u/user4morethan2mins
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source https://www.reddit.com/r/btc/comments/m3vimw/dont_listen_to_what_they_say_watch_what_they_do/

Pay Venezuelan Freelancers using BCH!

Pay Venezuelan Freelancers using BCH!

Venezuela Workers is a website that uses Bitcoin Cash (BCH) through its platform as a payment method to hire Venezuelan freelancers. We are currently looking for employers interested in considering hiring Venezuelans for any type of digital work under a very inexpensive budget.

Don't have BCH? Don’t sweat it.

Venezuela Workers has sideshift integrated, that means that you can use your preferred cryptocurrency to make payments through our page safe and quickly

Register following very simple steps, publish the work you need adjusted to your budget and with the help of a Venezuelan freelancer, successfully complete your work.

Link: Venezuela Workers

https://preview.redd.it/4dedyvol1pm61.png?width=1000&format=png&auto=webp&s=6f10f77f322d3c26dd139ac03cd906f12f6ba50c

submitted by /u/robotsister
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source https://www.reddit.com/r/btc/comments/m3vljc/pay_venezuelan_freelancers_using_bch/

French government is going to auction 611 bitcoins confiscated before the big bullish

French government is going to auction 611 bitcoins confiscated before the big bullish submitted by /u/Theauntgate
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source https://www.reddit.com/r/btc/comments/m3v88w/french_government_is_going_to_auction_611/

If you think bitcoin is just thin air, wait until you hear where government got the $1,900,000,000,000 from.

submitted by /u/RRRRHa
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A guy celebrating Bitcoin reaching $195.

A guy celebrating Bitcoin reaching $195. submitted by /u/Michael12390
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Last year on this date, Bitcoin Crashed to $4,000. Today it is up 1,387% from that low price

Last year on this date, Bitcoin Crashed to $4,000. Today it is up 1,387% from that low price submitted by /u/QuantifyCrypto
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Coingecko noted the problem of traders with the withdrawal of money from the Hitbtc exchange. Now CoinMarketCap should also give its assessment of the problem with withdrawing money from Hitbtc.

Coingecko noted the problem of traders with the withdrawal of money from the Hitbtc exchange. Now CoinMarketCap should also give its assessment of the problem with withdrawing money from Hitbtc. submitted by /u/radeon8598
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source https://www.reddit.com/r/btc/comments/m3uyzn/coingecko_noted_the_problem_of_traders_with_the/

Friday, 12 March 2021

U.S. and ECB pumping BTC

submitted by /u/marenaster
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Lopp wants a Price Oracle - We already have one.

Lopp wants a Price Oracle - We already have one. submitted by /u/JonathanSilverblood
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source https://www.reddit.com/r/btc/comments/m3cnfs/lopp_wants_a_price_oracle_we_already_have_one/

Challenges to take into account when recruiting merchants to accept Bitcoin Cash in Africa

Challenges to take into account when recruiting merchants to accept Bitcoin Cash in Africa submitted by /u/alberdioni8406_
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source https://www.reddit.com/r/btc/comments/m3cuf9/challenges_to_take_into_account_when_recruiting/

The guy who introduced me to crypto broke up with me 3 days ago. I'm a sobbing mess but I'm 3k richer.

I guess bitcoin is the silver lining.

submitted by /u/punksgetoffmylawn
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Each bitcoin is 2000 acres of land

There are 37 billion acres of dry land on earth. Comparing that to 18.65 million bitcoin, each bitcoin represents about 2000 acres of land.

Just to put a single bitcoin in perspective with the limited supply of land.

submitted by /u/rtz55
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Bank Overdraft vs BTC

Bank Overdraft vs BTC submitted by /u/1bch1musd
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source https://www.reddit.com/r/btc/comments/m3cb4i/bank_overdraft_vs_btc/

Used to be a btc stacker once, I was curious to see the fee it would take move 1.03 btc out of one wallet, $373 when I took this. (Higher now) the “low” fee was still $63 and a 3 day wait time.

Used to be a btc stacker once, I was curious to see the fee it would take move 1.03 btc out of one wallet, $373 when I took this. (Higher now) the “low” fee was still $63 and a 3 day wait time. submitted by /u/Inhelicopta
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source https://www.reddit.com/r/btc/comments/m3cdgb/used_to_be_a_btc_stacker_once_i_was_curious_to/

$3,858 one year ago today

If you are reading this, more than likely you made it through the crash, Up $53,000 in one year, and nowhere but Up!! HODL ON!!!

submitted by /u/CartPushingManiac23
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bitcoin.com iOS wallet - where did "Sweep Paper Wallet" go???

Big BCH fan here. Ever since the Hern Rage-Quit I have been on board. Just like Ver, I have been working to get more people to understand not only "Digital Gold" but freeing the rest of humanity from government cohesion.

This does not change that, but... WTF... what happened to "Sweep Paper Wallet" in the bitcoin.com wallet? I WANT them to take my money from gifts.bitcoin.com. The "Sweep Paper Wallet" option is GONE. ...it's not for me... i don't need more money. I need noobs to feel confident, not be confused.

Every tip is give out is not meant to confuse. It is meant to reward, enlighten... not sure how I would redeem a gifts.bitcoin.com. Please fix this. Give people a fighting chance. I want crypto to win. I want BCH to win!

submitted by /u/coolcleaner
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source https://www.reddit.com/r/btc/comments/m3aerw/bitcoincom_ios_wallet_where_did_sweep_paper/

Does a single pool control 54% of BCH hashrate?

Does a single pool control 54% of BCH hashrate? submitted by /u/supersoeak
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source https://www.reddit.com/r/btc/comments/m3aqbc/does_a_single_pool_control_54_of_bch_hashrate/

I just got off the phone with Bitcoin customer service

They asked "can you hold?"

I answered "fuck yeah."

submitted by /u/Brettanomyces78
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100% of holders made money

All time high is just another way of saying that those who didn't sell are now making more money than what they spent.

submitted by /u/jojothehodler
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$5,002.07 in fees to transfer $45,696.88 with 642 inputs.

submitted by /u/Key_Science_
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source https://www.reddit.com/r/btc/comments/m39852/500207_in_fees_to_transfer_4569688_with_642_inputs/

Today was my birthday and i'm no longer a minor.

I can finally use my own account on an exchange 💪i'm really happy, now i don't need my brother account.

Thanks you all 😔 i'm really proud of stacking and using this wonderful coin.

submitted by /u/nevskyjr
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source https://www.reddit.com/r/btc/comments/m392z5/today_was_my_birthday_and_im_no_longer_a_minor/

Alex Jones Lost $500+ Million in Bitcoin on Misplaced Laptop

Alex Jones Lost $500+ Million in Bitcoin on Misplaced Laptop submitted by /u/afriendofsatoshi
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source https://www.reddit.com/r/btc/comments/m34sp8/alex_jones_lost_500_million_in_bitcoin_on/

LET'S START A MOVEMENT - Let's start talking about the BTC value per 1 SATOSHI (= $ 0'00057416 USD), SO THAT people start seeing it as not so expensive. They are NOW focused on 1 BTC = $ 47K which they see as expensive, and they fear it as LATE TO GET IN. So, let's re-focus on the spendable unit

Why not refocusing the discussion on what will really become the unit for spending on a daily basis, the more manageable unit, THE SATOSHIS. When people starts talking SATOSHIS unit, we will will a HUGE BATTLE, as it will shift the discussion to the sub-unit that will start / should start being used for daily spending. ALSO, I think this will educate people as they will all try to understand what's behind the unit of measure and the history behind BTC.

In the future, when you start talking about how much does this cost in BTC, you will not say 'this is worth 0´0000…082 BTC', you will instead say, this is worth 500 Satoshis (for example).

The moment people start to think in value per Satoshi, given the current USD per such, it will keep going up, as people will shift the perception.

submitted by /u/mramon20
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Funny how Blockstream ended up doing the reverse of this and the masses chose "fed coin" instead

Funny how Blockstream ended up doing the reverse of this and the masses chose "fed coin" instead submitted by /u/Choice-Business44
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source https://www.reddit.com/r/btc/comments/m364uo/funny_how_blockstream_ended_up_doing_the_reverse/

Electron Cash SLP edition for iOS?

The GitHub repository has a release for iOS, and I saw references about beta testing with TestFlight. Is this still happening? Can I try it out? I already have TestFlight installed, so this would be perfect. Is there a reason the SLP edition is not on the App Store?

submitted by /u/TummyRumbleDubstep
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source https://www.reddit.com/r/btc/comments/m3536z/electron_cash_slp_edition_for_ios/

OK. STOP posting about how hard it is to NOT sell your Bitcoin at these prices! For the love of God. Watch this video, then get a damn marshmallow, and practice.

OK. STOP posting about how hard it is to NOT sell your Bitcoin at these prices! For the love of God. Watch this video, then get a damn marshmallow, and practice. submitted by /u/Jethroe1
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Zero Bullshit. Total transparency.

Our fairness section is now live.

IN MATH WE TRUST.
All our games are powered by open source provably fair algorithms.
You can verify anytime that your results are fair and unmanipulated.

WE BELIEVE IN:
✅Absolute Fairness.
✅Unconditional Privacy.
✅Frictionless Games.

Check our code:
https://bch.games/fairness/code

Verify games fairness:
https://bch.games/fairness/verify/crash

Oh and we have a rock-bottom house edge of 1% too.
Help yourself to some extra luck ;)

submitted by /u/BCHdotgames
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source https://www.reddit.com/r/btc/comments/m359nj/zero_bullshit_total_transparency/

ECB just promised to support the Bitcoin Moon Mission and decided to donate some extra Euros towards the rocket fuel.

ECB just promised to support the Bitcoin Moon Mission and decided to donate some extra Euros towards the rocket fuel. submitted by /u/Amber_Sam
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When someone says bitcoin wastes so much power, context matters.

When someone says bitcoin wastes so much power, context matters. submitted by /u/PM_me_cool_ebooks
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Lets be clear: Weak hands are a direct result of two things

  1. Lack of understanding of the current monetary system
  2. Lack of understanding of Bitcoin and the tech that powers it.

If you understand both of these things and still sell, you may be diagnosed with what they commonly refer to as "Chicken-Livered."

submitted by /u/MagnumOpus3k
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Thursday, 11 March 2021

[BTC] What are the benefits of different adresses for each incoming transaction?

My cold wallet automatically suggests a fresh Bitcoin adress for each time I want to 'receive' BTC from a transaction.

What are the benefits of that supposed to be?

Privacy? If receiving from an exchange, wouldn't that be the weakest link in any way? If receiving from a private entity, still, where's the benefit of different adresses each time?

From a purely financial perspective: doesn't having BTC stored on different adresses only have the potential disadvantage of higher fees for future outgoing transactions? (in the case that the total would surpass the amount stored on any single adress)

Thank you.

submitted by /u/Ebenberg
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source https://www.reddit.com/r/btc/comments/m2juuj/btc_what_are_the_benefits_of_different_adresses/

Fee Scalability Question

One of the reasons I see bitcoin cash as the best version of bitcoin is simply the low cost of tx fees and speed. It works like effective digital money should, ez pz.

I don't know the exact current median tx fees for BTC and BCH but lately, I've heard numbers like BTC=$15.00USD and BCH=$0.0028USD. Something like that.

Aren't those tx fees partially also just a reflection of the price of the respective cryptocurrencies? I know that BCH has recently surpassed BTC in the number of transactions per day. However, the prices in USD are still massively different. If the price of BCH were to match the price of BTC, wouldn't the transaction fees be well over $0.01 USD? This is part of my frustration with hopes of crypto prices skyrocketing, it seems to only hurt adoption in the usability category. Maybe I'm not understanding it correctly though.

Is there perhaps a way for BCH to track the relative value and always keep it below the equivalent of 1 cent? Maybe I'm missing something? Any clarification would be appreciated.

submitted by /u/LookAtYourEyes
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source https://www.reddit.com/r/btc/comments/m2ihlh/fee_scalability_question/

“Why didn’t I listen to myself?”, Says influencer who promoted Bitcoin for $20 in 2011

“Why didn’t I listen to myself?”, Says influencer who promoted Bitcoin for $20 in 2011 submitted by /u/thefoodboylover
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Leading Israeli Asset Manager Pours $100 Million Into Bitcoin

Leading Israeli Asset Manager Pours $100 Million Into Bitcoin submitted by /u/lbalan79
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Selling all stocks for Bitcoin

Currently have about 80% in bitcoin and 20% in stocks. Currently my stocks are down about 30% and thinking if i should cut my losses in the market and move remainding money into bitcoin considering my belief for` growth. Any one think this is a bad idea?

submitted by /u/VanillazZ
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The nicest thing about Bitcoin Cash

I've come to realise that the nicest thing about Bitcoin Cash is not that I can use it to buy stuff with sub-cent fees, or that it's deflationary, or that it's permissionless and trustless.

The best thing is the sense of community and the feeling that just by using BCH, you're a part of something much bigger than yourself. That feeling of belonging is something I never would have expected from a libertarian-friendly piece of open source software.

The cryptocurrency space is full to the brim with people just trying to make a quick buck, but in contrast, the BCH community is overflowing with really smart people just looking to create and build to make everyone's lives better. And even though I'm just a user, I've always felt welcome here.

That's really why I choose to use Bitcoin Cash.

submitted by /u/pdr77
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source https://www.reddit.com/r/btc/comments/m2jjne/the_nicest_thing_about_bitcoin_cash/

Bitcoin’s Energy Consumption Is A Highly Charged Debate – Who’s Right?

Bitcoin’s Energy Consumption Is A Highly Charged Debate – Who’s Right? submitted by /u/nice2yz
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Prediction, a MAJOR corporation will buy Bitcoin Cash $BCH instead of Bitcoin Core $BTC

... and make a ton of money.

submitted by /u/estebansaa
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source https://www.reddit.com/r/btc/comments/m2htqu/prediction_a_major_corporation_will_buy_bitcoin/

Bitcoin Cash liquidity mining at DeFiChain for 45% APY (100x next week)

Bitcoin Cash liquidity mining at DeFiChain for 45% APY (100x next week) submitted by /u/uzyn
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source https://www.reddit.com/r/btc/comments/m2h1iv/bitcoin_cash_liquidity_mining_at_defichain_for_45/

$4,077.97 of fees. Wow

$4,077.97 of fees. Wow submitted by /u/Key_Science_
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source https://www.reddit.com/r/btc/comments/m2hipp/407797_of_fees_wow/

$3,954.93 of fees. Wow

$3,954.93 of fees. Wow submitted by /u/Key_Science_
[link] [comments]


source https://www.reddit.com/r/btc/comments/m2hjis/395493_of_fees_wow/

I sold GME to buy bitcoin

Why? Because the stock market is not decentralized.

Sure, I switched from robinhood to etrade, but GUESS WHAT...even e-trade blocked trading.

The curruption isn't the company, it's the system.

So I gained $900 and bought cryptotendies with the total investment.

submitted by /u/Seven_Swans7
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Who else is dropping there 1400 dollar stimi into Bitcoin?

Hello I’m a 25 y/o that has a good amount in savings and currently thinking my best bet is to start investing this extra money into Bitcoin... thoughts? I heard people talking about putting there original stimi into Bitcoin and have profited massively. Is there some truth to this? Could the process this time around be just as profitable considering how everything is evolved here in the US? Money is dirty and nobody seems to want to touch it(COVID-19), transferring passively without touch is a clean future. Not to mention doesn’t it cost natural resources to go down like paper(trees), inefficient if you ask me.

submitted by /u/Huntermichigan
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BTC Art

BTC Art

Asked a friend of mine who paints old weird decrepit machines to make me one about bitcoin. He had no idea whatsoever about what bitcoin was or meant. After some research he came up with this. What do you think?

https://preview.redd.it/clkvxq3sz9m61.jpg?width=1398&format=pjpg&auto=webp&s=9facd108ae602ad4cf1d502efa8a0640df129819

submitted by /u/cachetazo
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Paypal holding my bitcoin cashout for 21 days

Excuse by u/paypal is $8000 is "such a large amount" they need to hold on to my money for upto 21 days. Do not buy bitcoin through Paypal.

submitted by /u/Psychological-Ad2198
[link] [comments]

Every time BTC fees go up, another UTXO gets "burnt". SMH.

Every time BTC fees go up, another UTXO gets "burnt". SMH. submitted by /u/georgedonnelly
[link] [comments]


source https://www.reddit.com/r/btc/comments/m2cnqn/every_time_btc_fees_go_up_another_utxo_gets_burnt/

BitcoinCash Treasure Map: Scan, receive and Learn about Bitcoin Cash Everywhere 🌍🌎🌏 Very soon in your city... We are closing the gap between Bitcoin Cash (BCH) and the real world #BitcoinCash #BCH

BitcoinCash Treasure Map: Scan, receive and Learn about Bitcoin Cash Everywhere 🌍🌎🌏 Very soon in your city... We are closing the gap between Bitcoin Cash (BCH) and the real world #BitcoinCash #BCH submitted by /u/SofiaCBCH
[link] [comments]


source https://www.reddit.com/r/btc/comments/m2efr7/bitcoincash_treasure_map_scan_receive_and_learn/

Officially in Bitcoin! I feel... Good!😎

Officially in Bitcoin! I feel... Good!😎 submitted by /u/Otherwise_Explorer48
[link] [comments]


"Bitcoin Preferred" for an ocean front home in Florida

"Bitcoin Preferred" for an ocean front home in Florida submitted by /u/TrinaT1005
[link] [comments]


Israeli Pension Giant Put $100M Into Grayscale Bitcoin Trust: Report

Israeli Pension Giant Put $100M Into Grayscale Bitcoin Trust: Report submitted by /u/ml1978
[link] [comments]


BUY. "...some experts worry that massive injection of stimulus into the recovering economy might result in inflation"

BUY. "...some experts worry that massive injection of stimulus into the recovering economy might result in inflation" submitted by /u/one2hearout
[link] [comments]


My Bitcoin cake for my 31st birthday.

My Bitcoin cake for my 31st birthday. submitted by /u/joeker1990
[link] [comments]


Bitcoin’s Carbon Footprint - a fair comparison

Bitcoin is recognised as a store of value making it comparable to gold. In 2020, 3,200 tonnes of gold was mined equating to approximately 90,301,440 million tonnes of CO2 emitted.

In comparison Bitcoin is estimated to emit around 37 million tonnes of CO2 over the course of 2021, with China powering 65% of the hash rate in March 2021. China pledges to be net zero by 2050 along with most of the world under the Paris agreement. Under the assumption this is achieved this would indicate Bitcoin would be powered by renewable energy by 2050 making it a zero carbon technology. In addition, gold mining is renowned to be one of the most destructive industries responsible for polluting drinking water with cyanide, mercury and other heavy metals, whilst destroying pristine environments and causing damaging health effects. Removing reliance on the need for gold not only has the potential to decarbonise the gold reserve industry but also reduces these negative environmental and health impacts. However, the reliance on countries sticking to the Paris Agreement is needed in order to decarbonise Bitcoin.

Edit: Information on China’s energy policy

China uses the most cost effective renewables and could viably generate 60% of its energy with green energy by 2030. It is estimated the renewable energy implementation could save China around 11% in monetary cost. Feasibly following the laws of economics Bitcoin miners will be more likely to use renewable energy sources if they are cheaper. Therefore, reducing Bitcoin’s carbon footprint.

Sources

Bitcoin CO2 footprint: https://digiconomist.net/bitcoin-energy-consumption/

2020 gold produced: https://www.statista.com/statistics/264628/world-mine-production-of-gold/

Gold CO2 estimate: https://www.spglobal.com/marketintelligence/en/news-insights/blog/greenhouse-gas-and-gold-mines-nearly-1-ton-of-co2-emitted-per-ounce-of-gold-produced-in-2019

Bitcoin Index: https://cbeci.org

Paris Agreement: https://en.m.wikipedia.org/wiki/Paris_Agreement

Environmental impact of gold: https://www.earthworks.org/campaigns/no-dirty-gold/impacts/

China’s renewable energy: https://www.nature.com/articles/s41467-020-16184-x

submitted by /u/A117Z
[link] [comments]

Wednesday, 10 March 2021

For the first time since COVID started, I have finally found something that actually feels normal to obsess about.

For the last year, I have been so sick of COVID, Trump vs Biden, who’s lives matter, cancel culture, Karens. A little over a month ago I decided to take my yearly visit to /r/Bitcoin to see how much money I missed out on since I first heard about it. Yup it was still a lot. But this time was different, I’m not the same poor college student working at a movie theatre. Now, I’m an adult with an adult sized income. I started reading as much as I could about Bitcoin. I was watching the charts, I was watching videos explaining the charts. I started learning different patterns and what they could mean for bitcoin. I finally decided to bite the bullet and coin up. I have to say, I really needed this right now. I haven’t been this excited about something since I was a little kid. I mean I feel like a kid now. Every time I talk about Bitcoin my face lights up. It’s exciting, and its not negative news about what group offended what group this week. I don’t know it just all feels really good and I guess I wanted to share and thank everyone here. See you all on the moon.

submitted by /u/TreePeop1e
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Devote ONE single year to acquire Bitcoin out of your 30-40 career... it may harvest monumental results of life changing, unimaginable wealth.

Here’s the way I see it, and I may be wrong, so feel free to tell me to take a hike 😊

I would venture to say that the average person is in the workforce for 30-40 years.

This is a special moment in time for Bitcoin (and cryptocurrency in general) before it goes mainstream. As such, prices are up, but when it actually reaches mass adoption, the price will hockey stick up and to the right from here.

Why not devote this year... just one year to acquiring Bitcoin? What does that hurt?

If you end up being wrong, you still have 29-39 more years to invest in 401k, blah blah blah.

But if you happen to be right and Bitcoin does explode, the single year that you devoted to investing in it could be monumental, life changing money.

Anyway, that is my approach to this. What are your thoughts?

submitted by /u/cubcubcub81
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Irony: My bitcoin holdings soar while I fail my finance exam

Last nights bull run happened as I was in the middle of my exam. It was a rough time, but when i checked my hodlings i felt a lot better.

Edit: generous curve, turns out I got a B!

submitted by /u/bruleeofficial
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BitcoinCash.org is now green! And it came from a pull request from the community.

Yes! PRs being accepted. Everyone agrees, this should be a community project.

submitted by /u/jonald_fyookball
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source https://www.reddit.com/r/btc/comments/m1oooi/bitcoincashorg_is_now_green_and_it_came_from_a/

Help, I withdrew .001 BTC on Binance and only received .0005, where did half of my Bitcoin go?

submitted by /u/FlamingBaconCake
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source https://www.reddit.com/r/btc/comments/m1p4c8/help_i_withdrew_001_btc_on_binance_and_only/

Another victim of the Bitcoin Core ponzi scheme :(

submitted by /u/AndyWarholWasAwful
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source https://www.reddit.com/r/btc/comments/m1p88r/another_victim_of_the_bitcoin_core_ponzi_scheme/

Bitcoin Cash comment by u/Huurlibus makes it to r/bestof. We should upvote it.

submitted by /u/skanderbeg7
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source https://www.reddit.com/r/btc/comments/m1o8ch/bitcoin_cash_comment_by_uhuurlibus_makes_it_to/

How do I create QR codes to giveaway certain amounts of BCH like the Bakersfield Bitcoin Man did?

submitted by /u/FamousM1
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source https://www.reddit.com/r/btc/comments/m1nghk/how_do_i_create_qr_codes_to_giveaway_certain/

BREAKING: J.P Morgan to Launch "Cryptocurrency Exposure Basket"

BREAKING: J.P Morgan to Launch "Cryptocurrency Exposure Basket" submitted by /u/wmredditor
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Decentralization-Boosting Mining Protocol Stratum V2: Overview & Progress Update

Decentralization-Boosting Mining Protocol Stratum V2: Overview & Progress Update

Over the past year, we've explained many benefits of the Stratum V2 mining protocol for miners, pools, and the Bitcoin network as a whole. Now it's time for a recap & update on development + adoption 👇

https://braiins.com/bitcoin-mining-stack-upgrade

For those not familiar with the features of Stratum V2 or how it compares to Stratum V1 & BetterHash, we have an overview for you (check the Compare tab for more). It also includes a Q&A with protocol authors Matt Corallo, Jan Capek and Pavel Moravec.

https://braiins.com/upgrade/compare-mining-protocols

DECENTRALIZATION:

While all of the features are relevant to miners & mining pools, the aspect of Stratum V2 that most non-miner Bitcoiners care about is Job Negotiation. This is a sub-protocol that enables miners to construct their own blocks, a task currently only being done by pools.

We recommend the following piece from Karim Helmy (R&D at Coinmetrics) which includes an explanation of out-of-band payments, a potential economic incentive for miners to adopt Job Negotiation.

Deribit Insights: "Stratum V2: Migration and Decentralization"

We also have a deeper explanation of how Stratum V2 can impact Bitcoin's decentralization and how the Job Negotiation process works. Approximately 94% of Bitcoin's hashrate currently goes through Chinese mining pools, while some ~65% is physically produced in China during the rainy season. Safe to say, Bitcoin decentralization isn't perfect. TL;DR: Stratum V2 can help ⬇️

"Bitcoin’s Decentralization with Stratum V2"

https://braiins.com/blog/stratum-v2-bitcoin-decentralization

ADOPTION:

So, what is the state of Stratum V2 adoption today? Well, it's still very early days. We have an implementation on r/slushpool and in our Braiins OS+ firmware, so there are already many miners using V2. However, this doesn't include Job Negotiation yet...

The reason is that there are changes necessary in Bitcoin Core in order to make Job Negotiation possible. So there can't be a full implementation of Stratum V2 until those changes are made. Good news: the development is in progress with a help from Square Crypto!

Wohoo!

Until then, mining pools will remain the sole entities constructing blocks to add to the Bitcoin blockchain. However, miners can still benefit from partial V2 implementations which improve efficiency, privacy, and security (e.g. man-in-the-middle attack prevention).

We believe Stratum V2 will have a significant long-term impact on the mining industry, particularly as transaction fees account for an increasing proportion of mining revenue.

We'll be sure to update the community again as the development progresses.

submitted by /u/Braiins_mining
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Documents provided to OAG "....need funds urgently, either tether or usd....the situation looks bad, we have more than 500 withdrawals pending and they keep coming in" bitfinex at end of 2018. (Note that Tether's market cap was less than 3B in 2nd half '18).

Documents provided to OAG "....need funds urgently, either tether or usd....the situation looks bad, we have more than 500 withdrawals pending and they keep coming in" bitfinex at end of 2018. (Note that Tether's market cap was less than 3B in 2nd half '18). submitted by /u/user4morethan2mins
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source https://www.reddit.com/r/btc/comments/m1mrdu/documents_provided_to_oag_need_funds_urgently/

r/technology is debating the energy consumption of Bitcoin. Which does being up a good point. Does anyone have any data on how much more efficient Bitcoin cash is?

I think it's a great thing we can discuss because obviously I fully expect the media to keep bringing this critism up about Bitcoin's consumption.

Of course it's a really tricky thing to quantify, but having sources showing BCH's efficiency will help it's case.

The technology thread can be seen here: https://np.reddit.com/r/technology/comments/m16xqu/bitcoins_climate_problem_as_companies_and/

submitted by /u/SoulMechanic
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source https://www.reddit.com/r/btc/comments/m1i2p0/rtechnology_is_debating_the_energy_consumption_of/

I'm back on the game, 15 dollars on BCH, now dca every week i'm putting $20 to $25 till i have half a coin again, being out of debt once again is wonderful i hope amazon will have a gpu this time around to use my future money.

I'm back on the game, 15 dollars on BCH, now dca every week i'm putting $20 to $25 till i have half a coin again, being out of debt once again is wonderful i hope amazon will have a gpu this time around to use my future money. submitted by /u/nevskyjr
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source https://www.reddit.com/r/btc/comments/m1ltry/im_back_on_the_game_15_dollars_on_bch_now_dca/

A weekly Bitcoin Cash newsletter.

submitted by /u/TheCryptoKidd
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source https://www.reddit.com/r/btc/comments/m1ka8x/a_weekly_bitcoin_cash_newsletter/

Bitcoin Recovery

Bitcoin Recovery submitted by /u/avix215
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Sometimes when I’m having a hard day at work, I look at my portfolio and everything is ok 😌

See you on the moon🚀

submitted by /u/ddoublea96
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Oil billionaire company buys $59 million in bitcoin

Oil billionaire company buys $59 million in bitcoin submitted by /u/thefoodboylover
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Bitcoin has improved my job performance

I have made some money off bitcoin recently and am generally more pleasant and happy. At work a colleague wrote me a strongly worded email and CC'd many others. Basically he was trying to paint me in a bad light. Then he followed up with a phone call and yelled at me for 5 minutes, I kept my cool throughout. Anyways my calm demeanor irritated him and he was flustered that he couldn't perturb me, before we ended the call I said genuinely for him to have a nice day. Both our supervisors got wind of the emails afterwards and they took my side in the conflict we were having and he called and apologized to me (maybe because his supervisor told him to, IDK).
If crypto was down this week it could have been me who was the one apologizing.
Thank you bitcoin for giving me the serenity to deal with this tough situation.

submitted by /u/goldstan
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Kim DotCom not joking around, 100 BCH donation. Wish this dude luck.

Kim DotCom not joking around, 100 BCH donation. Wish this dude luck. submitted by /u/CidVilas
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source https://www.reddit.com/r/btc/comments/m1jmac/kim_dotcom_not_joking_around_100_bch_donation/

bitcoincash.org getting back on shape

bitcoincash.org getting back on shape submitted by /u/Layne55
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source https://www.reddit.com/r/btc/comments/m1kg7y/bitcoincashorg_getting_back_on_shape/

This Week In Bitcoin Cash. A weekly bitcoin cash newsletter. thisweek.cash

This Week In Bitcoin Cash. A weekly bitcoin cash newsletter. thisweek.cash submitted by /u/TheCryptoKidd
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source https://www.reddit.com/r/btc/comments/m1kdzu/this_week_in_bitcoin_cash_a_weekly_bitcoin_cash/

It's tiping Tuesday! If you haven't yet tried tipping Bitcoin cash. It's really easy.

submitted by /u/SoulMechanic
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source https://www.reddit.com/r/btc/comments/m1kcxj/its_tiping_tuesday_if_you_havent_yet_tried/

Cool way to hide your ledger

Cool way to hide your ledger submitted by /u/PandaLocksmith
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