A look at how Bitcoin mining tackles methane emissions and excessive energy wastage. This innovation could result in Bitcoin mining becoming a net negative emissions industry

submitted by /u/KAX1107 [link] [comments]

Bitcoin Technical Analysis for December 20, 2021 - BTC - PRICE UPDATE

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

source https://www.reddit.com/r/btc/comments/rkvzr7/bitcoin_technical_analysis_for_december_20_2021/

Mentor Monday, December 20, 2021: Ask all your bitcoin questions!

Ask (and answer!) away! Here are the general rules:

• If you'd like to learn something, ask.
• If you'd like to share knowledge, answer.
• Any question about Bitcoin is fair game.

And don't forget to check out /r/BitcoinBeginners

You can sort by new to see the latest questions that may not be answered yet.

submitted by /u/rBitcoinMod
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He threw away the bitcoin disk and has been looking for it for more than 8 years, and now it is worth 357 million dollars -

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

source https://www.reddit.com/r/btc/comments/rkub52/he_threw_away_the_bitcoin_disk_and_has_been/

So many posts & videos about offline onboarding of BCH merchants and users -- so where are the results?

BCH adoption is healthy. I am not 'bearish' about it, and there is nothing going wrong with it. But it has essentially been flatlined since early this year, and yet I keep seeing post after post, literally every day in here, about how this or that meatspace merchant or user is being 'onboarded' into Bitcoin Cash.

If all these 'onboardings' are genuinely creating more users, then where is their usage? Where is the steadily increasing traffic? It has been over a year now that 'physically onboarding the developing world' has been such a focus here, and I am not seeing the rubber hit the road on this.

Now look at online. There was a huge spike in transaction counts in relation to the site noisecash (which by the way also involved the developing world), and then when they started batching, the traffic went back down to 'nornal'. This effect alone massively dwarfed any detectable onchain effects of physical onboarding in the developing world.

I think the conclusion is clear: Meatspace onboarding, at least in the developing world, is a big fat red herring. Cryptocurrencies are an online technology and their main advantage and value proposition is for online commerce, not as much for in-person trade. Even the anti-censorship advantages of cryptocurrencies are neutralised in-person because you could just wear a mask and sunglasses, which is perfectly acceptable these days, and use fiat cash, which can't be traced back to you. In-person censorship resistance is not a problem that is crying out to be solved.

I am not saying don't try to onboard people in meatspace. I am saying that strategy is clearly not having much effect, and the idea of some that it should be focused on exclusively or heavily prioritised was clearly not right. No biggie. Just adapt to the realities and focus more resources elsewhere, right?

submitted by /u/powellquesne
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source https://www.reddit.com/r/btc/comments/rktal7/so_many_posts_videos_about_offline_onboarding_of/

$25k to spend - bitcoin or mining rig?

Already own bitcoin so I'm thinking of buying a mining rig. I've been in this space for the past 7-8 years but have only ever stacked sats. Don't know much about mining but wondering if it's feasible to spend $25k on a setup and let it generate profits for the next 5+ years. Any recommendations?

submitted by /u/ScoreNo1021
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KYC? Not me!

submitted by /u/Bitcoin_is_plan_A
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