submitted by /u/unstoppable-cash [link] [comments] |
source https://www.reddit.com/r/btc/comments/lsn071/i_thought_it_was_peer_to_peer_electronic_cash/
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I see fairly often people comparing BTC to the internet or other projects that improved to become something beyond their original design, saying BTC has similarly grown to become a store of value. But Bitcoin was originally much more than just a store of value - it was a store of value and a medium of exchange, one that could be transferred instantly and cheaply by anyone.
BTC has only lost functionality, leaving it as at best an inferior and unnecessary store of value that can’t be used as a currency and at worst a speculative pyramid scheme. Bitcoin Cash brings back all the function Core took away from BTC (and continues to improve on it).
Summary:
We teamed with Magdalena Gronowska (@Crypto_Mags) to dive deeper on this exciting development in mining. The full article: https://braiins.com/blog/green-innovation-in-bitcoin-mining-recycling-asic-heat Projects in this space: The first project mentioned is MintGreen (link), who have collocated with Vancouver Island Sea Salt and Shelter Point Distillery to make use of their waste heat for producing salt and whiskey. It doesn't get much more Bitcoiner than that, MintGreen. Another cool application is a pilot project from Genesis Mining in Sweden, where they're directing waste heat into a greenhouse used to grow fruits and vegetables and improve local self-sufficiency. Many of Genesis' locations around the world are powered by renewables. But the article simply wouldn't be complete without the legendary #SPA256, which is still to this day the coolest method we've ever seen to stack sats: https://twitter.com/JessePeltan/status/1287518077291241473 [link] [comments] |