Foundry Starts Merge Mining Rootstock
The Bitcoin ecosystem has taken steps to extend its reach beyond the base chain and its limited capacity; while a lot of focus remains on layer two solutions like Lightning, it’s not the only method of moving Bitcoin from one use to another without touching the chain. Another option is to use a side-chain, like […]
Why Bitcoin Miners Are Buying Bitcoin
MicroStrategy (MSTR), the software company founded by Michael Saylor, is the first to adopt a Bitcoin treasury policy, and it’s done wonders for his share price and the growth of his business. He has set the stage for corporate involvement in Bitcoin from companies that don’t directly work in this space, and a few have […]
Norwegian Town Kicks Out miners At Great Cost
If there’s one guilty pleasure a Bitcoiner has to get used to, then it’s the steady serving of schadenfreude from no coiners who don’t get it. It’s a tale as old as Bitcoin and a mistake that many are doomed to repeat as the world’s hardest money butts heads with the world’s hardest noggins. When […]
What Is A SolarBit?
In an era where sustainability and technological innovation converge, the Solarbit project stands out as a new foray into the Bitcoin mining world. One of the biggest issues with Bitcoin mining at home is that the average person can’t tap into cheap energy, get preferred bulk deals on energy or have the time and expertise […]
Paraguay Seizing Bitcoin Mining Operations
The biggest incentive for Bitcoin miners to move to Paraguay comes from the Itaipu Dam, which is co-owned by Brazil and Paraguay. The hydroelectric dam is capable of generating 14 GW of power and has provided power to Paraguay, Brazil, and Argentina since May 5, 1984. Paraguay draws over 99% of its power from hydroelectricity. Itaipu, […]
Sweden Trying To Drive Out Bitcoin Miners
Sweden consistently ranks among the happiest countries in the world by the happy police but now seems none too pleased with how certain data centre businesses operate within its borders. To outsiders like myself, the country is known for high car safety scorings and assembled furniture brands, but it also holds a surprising title in […]
What Are Full Block Ordinals?
Ordinals have given the Bitcoin community much to think about. Some say they make Bitcoin fun, and others say they’re spam. Personally, I don’t need my money to be fun; I need it to be safe, secure, and reliable. But that’s just one plebs opinion. Ordinals have started their own movement, with businesses, applications, and […]
Why Some Bitcoin Blocks Are Empty?
Bitcoin miners have a clear incentive to maximize their returns with every opportunity they get. You’ve sunk capital into equipment that can only do one thing, and you’re spending electricity you can’t get back. So, making sure you get as much bang for your block can be the difference between running a successful miner and […]
Venezuela Seizes Bitcoin Miners
Venezuela’s recent crackdown on Bitcoin miners has the Bitcoin world buzzing and is a harsh reminder that governments can be the biggest NIMBYs around. The decision comes in the wake of a recent confiscation of 2,000 mining devices in the city of Maracay as part of an anti-corruption initiative. Authorities have seized over 11,000 mining […]
The Centralisation Of Mining Rewards
Bitcoin has no shortage of critics, always looking to pick apart the network and find issues with it; these concerns can come from inside the community of those actively working in the space or from outsiders who feel that Bitcoin is just another meme coin that’s boiling the oceans. Attacks on Bitcoin are always a […]