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 […]
What Is A BitAxe?
The Bitcoin network is an open-source system where anyone can get involved. If you’re investing a meaningful amount of your wealth in the asset, you have a powerful incentive to support it, making attacks harder to perform and ensuring that the network remains decentralised. After securing your funds in cold storage, your first step should […]
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 […]
What Is The “Sustainable” Miners Reward System?
Bitcoin is lauded for its decentralisation and security, but these qualities come at a cost. You can’t have the hardest money in the world, providing global settlement reliably for over a decade, without dedicating considerable resources to it. While Bitcoin secures well over a trillion dollars in value and settles billions in transactions daily in exchange for […]
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 […]
What Is Bitcoin Block Art?
It’s been a quiet few months when it comes to on-chain graffiti; it seems like a lifetime ago, Ordinals enjoyers claimed they broke Bitcoin, and the mempool was stuffed to the brim with inscription-based transactions. For a while, the mempool was more of a meme pool as the trend of stuffing JPEGs and JSON files into blocks had its […]
What Is Anduro?
Bitcoin has changed how we transfer value online, allowing users to transfer funds without an intermediary. It has chugged along nicely over the last decade, increasing its user base yearly. While several bull cycles have come and gone, on-chain transactions could meet demand interest, and the user base was manageable. Yes, there were a few […]
NiceHash Launches LN Payments For Its Miners
Bitcoin mining has graduated to the big leagues, from the humble desktop computer to the garage and now to the factory floor that is data centres that dominate hash power generation. As more hash rate comes online, the competition for fees and the block subsidy rises, and with the halving on the way, a big chunk of those rewards will be reduced for each block […]
EIA Coming For US Bitcoin Miners
It’s been three years since the great Chinese mining ban of 2021, which saw majority ownership of the global hash rate go offline, as miners had to pack up and perform a great trek towards greener pastures. Some found their footing in other parts of Asia and continental Europe. The fact that 70%+ of the hash […]