“It is imperative that elected officials in the United States recognize that bitcoin, and the innovation of Proof of Work, is the most important financial, economic, and accounting innovation in the history of humanity.” – Bitcoin Mining Council Today we read & discuss a thorough and well argued response to the unfortunate nonsense in the…
Read MoreEverybody take a deep breath! Right now all the drama on Twitter and the Bitcoin community is all about CTV. What is it? Is this an attack on Bitcoin? Is it going to destroy Bitcoin fungibility? Are we firing the devs again? Well luckily I’ve been digging around through things the past 3-4 days and…
Read More“One issue with Bitcoin’s privacy, the ability to receive funds without giving up valuable information, is addressed with ‘silent payments.’” – Shinobi Today we dive back into privacy with payment codes, BIP47, how exactly it works, and then the recent proposal from Somsen on “silent payments” that takes this even a step further to limit…
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“One issue with Bitcoin’s privacy, the ability to receive funds without giving up valuable information, is addressed with ‘silent payments.'” – Shinobi
Today we dive back into privacy with payment codes, BIP47, how exactly it works, and then the recent proposal from Somsen on “silent payments” that takes this even a step further to limit the data load on the chain itself. Some really fun tricks here that help give much needed privacy to those who need it most. Listen to find out more.
Link to the original and tons of other great work from Shinobi & Bitcoin Magazine:
https://bitcoinmagazine.com/technical/bitcoin-silent-payments-secret-keys
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Read More“Even if you knew this was complete and utter bullshit, and that being an agent and not a principal ethically and legally precludes you from pretending your politics is your job, can you imagine, dearest of readers, your absolute priority at all times being to appear minimally different to all your competitors and hence to…
Read More“You’re a thirsty bitch. You like to gargle Peter’s balls.” – DeaterBob This is happening and there is nothing I can do about it at this point. Enjoy. You can earn Bitcoin by Donating Plasma in a new pilot program. I’ve put the details for you at the link below: guyswann.com/blood For the best products…
Read More“Bitcoin miners are unique because of how fast, transparent, and flexible their response can be to pricing fluctuations. Riot’s Whinstone mining farm in Texas is a perfect example of miners powering down during tight conditions in ERCOT. During winter storms in February 2022, the site powered down 99% of its operations to reduce load. This…
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“Bitcoin miners are unique because of how fast, transparent, and flexible their response can be to pricing fluctuations.
Riot’s Whinstone mining farm in Texas is a perfect example of miners powering down during tight conditions in ERCOT. During winter storms in February 2022, the site powered down 99% of its operations to reduce load. This flexibility made headlines.
Now imagine if ERCOT has visibility of every miner over 10 MW that’s connected to the transmission network. The price at which the machines breakeven would then become an integral aspect of wholesale power pricing because the bitcoin miners themselves can set the wholesale price.” – Blake King
Simply put, if you want to understand the intricacies of Bitcoin mining and the energy grid, you don’t want to miss the first installment of this series. Follow Braiins and Blake King so you don’t miss the coming installments, as well as Bitcoin Audible to hear them all in audio.
LINK:
https://braiins.com/blog/bitcoin-mining-the-grid-generators
Check out the mentioned episode in the Guys’ Take by Croesus. Bitcoin & the American West:
https://podcasts.apple.com/us/podcast/read-587-bitcoin-the-american-west-croesus/id1359544516?i=1000545327475
You can earn Bitcoin by Donating Plasma in a new pilot program. I’ve put the details for you at the link below:
guyswann.com/blood
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.
Learn more about your ad choices. Visit megaphone.fm/adchoices
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read More“There are still many extensions to build out in the protocol and areas with unsolved scaling issues. In general, the Lightning protocol itself still has a long way to go in terms of solving existing issues and becoming robust and scalable enough to serve as a global transactional network on top of Bitcoin.” – Shinobi…
Read More“Taro enables bitcoin to serve as a protocol of value by allowing app developers to integrate assets alongside BTC in apps both on-chain and over Lightning. This expands the reach of Lightning Network as a whole, bringing more users to the network who will drive more volume and liquidity in bitcoin, and allowing people to…
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