Bitcoin Reddit

More / Bitcoin Reddit - 1 year ago

The next halving will be the most dramatic yet.

Prior to the November 2012 halving the price was $12 and there were 50 bitcoin being mined per block ($600) meaning the market was buying $604,800 of new bitcoin per week. That halving reduced the new supply by $302,400 per week causing the market ca...

More / Bitcoin Reddit - 1 year ago

Bitcoin source code (2023-09-19)

So far, the being stands still while filling with hoaxes and fear. In layman terms about that implementation, Bitcoin is an experiment what if Layer one is controlled by society. It is noted that most of problem we have found is about abust trust. i...

More / Bitcoin Reddit - 1 year ago

Fiat Winter's Coming, And So Is The Halving

Speculation Alert: But, there is a narrative at play. The fed's halted rate hikes with fears now of a "worse recession than imagined". Meanwhile, there is insane pressure coming from the major asset management firms - Fidelity, Invesco...

More / Bitcoin Reddit - 1 year ago

Bitcoin mining is reducing carbon emissions!

At the same rate that Bitcoin adoption is increasing, its network's carbon emissions are actually declining, which is a rare phenomenon. Bitcoin miners are reducing their carbon footprint by switching to cheaper renewable energy sources, which m...