How is the #bitcoin mining industry innovating amidst rising energy costs and environmental concerns? In her article for Forbes, nostr:npub1hwgw0uznr49t4gullpgfz4m5xnakl5a0l88m3k382xv7ys0tfmlsd503sg shows that:
- Bitcoin miners are adopting advanced cooling solutions, like immersion cooling, to reduce environmental impact and enhance efficiency.
- These technologies are saving energy and extending the life of mining equipment.
- Excess heat from mining is being repurposed for agriculture or fed back into the power grid, turning waste into revenue.
- Strategic relocation to areas with cheaper, renewable energy is bolstering profitability and sustainability.
- Bitcoin miners are partnering with energy utilities to stabilize power grids, providing flexibility in energy supply and demand.
- Techniques like 'underclocking' and 'overclocking' are optimizing energy consumption for mining operations.
- Despite regulatory challenges, the industry remains committed to combining profitability with sustainability.
Bitcoin isn't just sound money - it is on the brink of becoming a strategic infrastructure component in the global energy grid.
Happy #Bitcoin White Paper Day.
15 years of monetary reformation.
Is $48 trillion worth of managed USD wealth the reason for #Bitcoin’s current chart surge?
nostr:npub1hwgw0uznr49t4gullpgfz4m5xnakl5a0l88m3k382xv7ys0tfmlsd503sg examines the possible factors behind the latest price rise.
https://www.forbes.com/sites/digital-assets/2023/10/29/why-is-bitcoins-price-surging/amp/
A complete history of #Bitcoin's price over the last 13 years, on both linear and logarithmic (@ 2m10s) charts.
Today, it has a $666BN market cap.
https://twitter.com/JamesEagle17/status/1717536646504104069/video/1
“CBDCs reduce the cost of authoritarianism for governments”.
An eye-opening discussion about #CBDCs, smart ways we can fight them, and the promise of #Bitcoin.
Featuring Bitcoin Policy UK's Freddie New, Efrat Fenigson, Willem Middelkoop and the HRF's Christian Keroles.
https://www.youtube.com/live/Xj8S034PEGo?si=vDXgTtEJFAzUPh44&t=3612
- 582,000 users🧍
- 70 million notes 📝
- 140 million events 📣
- 33 million public keys 🔑
- 2 million (#BTC ) zaps⚡️
Maybe these sovereign comms and sovereign money folks are onto something after all...
#Bitcoin Amsterdam 2023 was a gathering of minds discussing Bitcoin's promise of financial freedom for all, with @Snowden’s keynote highlighting its power for change.
This is not just about Number Go Up - we are part of a revolution.
By @DecentraSuze
In the last two years, the #Bitcoin Lightning network has achieved astonishing growth.
- Nearly $1bn routed annually
- Over 1,000,000 active monthly users
- Average Tx size of ~45k sats / $11.84 - allowing Bitcoin to enable low-value payments.
More details in this excellent report by River.
👉 https://blog.river.com/the-lightning-network-in-2023/
BitVM: Unleashing arbitrary computation on #Bitcoin without changing its core protocol. Is this a big leap for Bitcoin's capabilities?
"Our existing financial system is a mirage of wealth and liquidity, sustained by an ever-expanding money supply. #Bitcoin emerges as the ultimate shield against the inevitable reckoning that will shatter this illusion."
~ Theo Mogenet
An excellent piece by Axoim Capital exploring how #Bitcoin can remake the global financial structure, and be the best option even for short-term cash holdings.
👇
#Bitcoin’s ability to enable cross-border payments + remittances provides a lifeline for people with limited access to traditional banking services.
A new report by the BIS now suggests that its use for those purposes has been underestimated.
https://bitcoinmagazine.com/legal/bitcoin-cross-border-payments-substantial-bis-study
#Bitcoin is now accepted for new vehicles from @Honda.
Merchant adoption is growing 🔥
Just over 3 weeks until The Bitcoin Conference Amsterdam (Oct 12-13). If you have not yet got your ticket, there is still time 👉 https://b.tc/conference/amsterdam#tickets
Check out the speakers here: https://b.tc/conference/amsterdam/speakers
Join us!
PV, world 🤙