Friday, 26 February 2021

"I thought it was peer to peer electronic cash?" - Mike Maloney, Host of Hidden Secrets of Money & founder of GoldSilver.com

"I thought it was peer to peer electronic cash?" - Mike Maloney, Host of Hidden Secrets of Money & founder of GoldSilver.com submitted by /u/unstoppable-cash
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source https://www.reddit.com/r/btc/comments/lsn071/i_thought_it_was_peer_to_peer_electronic_cash/

“Bitcoin evolved into a store of value”... except it already was a store of value, it just used to be a lot more than that too.

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).

submitted by /u/-__-_-__-_-__-
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source https://www.reddit.com/r/btc/comments/lsncck/bitcoin_evolved_into_a_store_of_value_except_it/

Those who think that businesses will compete with each other for the block space on just one blockchain by paying insane fees are wrong. It will be blockchains (their stakers or miners) that will compete for serving businesses.

Those who think that businesses will compete with each other for the block space on just one blockchain by paying insane fees are wrong. It will be blockchains (their stakers or miners) that will compete for serving businesses. submitted by /u/Har01d
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source https://www.reddit.com/r/btc/comments/lslh3u/those_who_think_that_businesses_will_compete_with/

Lightning Network + Bitcoin = _________ ?

Lightning Network + Bitcoin = _________ ? submitted by /u/ChaosElephant
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source https://www.reddit.com/r/btc/comments/lskylr/lightning_network_bitcoin/

I created some Bitcoin Cash bookmarks for my school library.

I created some Bitcoin Cash bookmarks for my school library. submitted by /u/Swetank
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source https://www.reddit.com/r/btc/comments/lsjqoe/i_created_some_bitcoin_cash_bookmarks_for_my/

Bitcoin miners are d̶e̶s̶t̶r̶o̶y̶i̶n̶g̶ ̶t̶h̶e̶ ̶e̶n̶v̶i̶r̶o̶n̶m̶e̶n̶t̶. integrating with local businesses to re-use heat & reduce carbon emissions.

Bitcoin miners are d̶e̶s̶t̶r̶o̶y̶i̶n̶g̶ ̶t̶h̶e̶ ̶e̶n̶v̶i̶r̶o̶n̶m̶e̶n̶t̶. integrating with local businesses to re-use heat & reduce carbon emissions.

Summary:

  • Re-using waste heat offsets energy consumption & associated carbon emissions
  • Bitcoin mining + food production is an engineering match made in heaven
  • Immersion cooling helps make ASIC heat re-use viable for a wide array of residential & commercial applications

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

braiins.com/blog

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

submitted by /u/Braiins_mining
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Bitcoin may replace bonds, Cathie Wood says

Bitcoin may replace bonds, Cathie Wood says submitted by /u/kynek99
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