Author: maikdezana@icloud.com

Bitcoin policy advocates celebrated several victories in the recent quarter, including the success of Texas SB 1929, a pro-mining bill, and the defeat of Texas SB 1751, an anti-mining bill. VP of Research at Riot Platforms Pierre Rochard expressed gratitude to everyone involved, stating, “Texas will continue to be #Bitcoin country!”These legislative outcomes will contribute to the growth and stability of Bitcoin mining operations in Texas. As Brian Morgenstern, head of public policy at Riot Platforms reported, SB 1751 did not pass, ensuring the continuation of the state’s usage of Bitcoin miners’ flexibility in balancing and stabilizing the power grid.…

Sabre56, a Bitcoin mining hosting provider and digital asset mining consultancy, has announced a significant hosting deal with GEM Mining, an institutional-grade Bitcoin mining company. The agreement entails Sabre56 hosting 4,510 BTC miners that belong to GEM in its newly constructed facilities in Wyoming. Half of the miners will come online in May, with the remaining miners joining in June. This deal marks a significant milestone for Sabre56 as it transitions from consulting on mining projects to constructing and hosting its own facilities.The CEO of Sabre56, Phil Harvey, expressed his enthusiasm for the partnership with GEM Mining, emphasizing their shared…

It’s no secret that those who feel threatened by Bitcoin will attack it. Just a month ago, The New York Times published a malicious article on Bitcoin mining’s energy usage. Senator Elizabeth Warren from Massachusetts has repeatedly attacked Bitcoin from a variety of angles, going so far as to launch an “anti-crypto army” targeting Bitcoin as a hazard to consumers, all while misleading the public on the environmental impact of Bitcoin. These verbal assaults are not isolated and the examples above represent only a small piece of the uphill climb Bitcoin has to mass adoption. To put it mildly, Bitcoin…

This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps.“That was before my time… Of course it’s true, everybody knows it’s true.”The quote above is from the movie “The Sea Beast.” And although the film never mentions Bitcoin specifically, it might just be one of the best Bitcoin movies I’ve ever seen. Source It is set in a fictional world gripped by perpetual war between a sea-faring economic power and a population of monsters who appear to attack ships out…

This is an opinion editorial by Josef Tětek, a Bitcoin analyst at Trezor.Suppose you lead an ordinary family life in an undisclosed country. Suddenly, a crisis hits. This could be the rise of an autocratic regime, a democide or an armed conflict. Whatever the circumstances, you will most likely have two pressing problems on your mind. First and foremost, you need to get everyone to safety, preferably abroad. Second, you need to preserve as much of your savings as possible to set up your life elsewhere. Since a safe escape from a disaster-stricken country depends heavily on individual circumstances, this…

This is an opinion editorial by Konstantin Rabin, a finance and technology writer.Good ol’ bitcoin, the granddaddy of cryptocurrency, is increasingly being used as a reliable store of value for those looking to move away from the more established asset classes as it is continually proving itself as a solid hedge against inflation. In fact, this is something I have been doing for some time now and, in this article, I will explain why I allocate a share of my wealth to bitcoin and how I see it as ideal for preserving the value of my net worth.Why Allocate A…

This is an opinion editorial by Conor Chepenik, an organizer for the MassAdoption Bitcoin meetup. Source Congressman Brad Sherman’s recent tweet attacking Bitcoiners as “tax evaders” is a prime example of how Bitcoin has become a mainstream phenomenon. It’s ironic that politicians like Sherman, who have sworn an oath to uphold the Constitution and the presumption of innocence, are so quick to label Bitcoin supporters as criminals without any evidence. Such remarks undermine the fundamental principles of justice and fairness that underpin our legal system. The fact that politicians like Sherman are attacking Bitcoin serves as a signal to those…

The Ordinals protocol has taken the Bitcoin world by storm. Quickly amassing over 9,000,000 inscriptions, the new protocol allows for arbitrary data to be embedded on the Bitcoin blockchain. In addition to attracting attention from the NFT industry, Ordinals have led to a major increase in the fees required to send bitcoin, eliciting new debate on how Bitcoin should deal with high fee environments. In a recent interview with Bitcoin Magazine, Farokh, founder of the Rug Radio platform and a well-known collector within the NFT industry, shared insights into the world of Bitcoin NFTs and his vision for the Bitcoin inscription…

Bitcoin Core version 25.0 has been released, bringing new features, bug fixes and performance improvements to the software. Users can download the latest version from the official Bitcoin Core website or update their existing installations. The release notes outline the changes and provide instructions on how to upgrade.One notable change is the allowance of transactions of non-witness size 65 bytes and above, which opens up new use cases and enhances protections against vulnerabilities like CVE-2017-12842. Another addition is the scanblocks RPC, which allows for fast wallet rescans by returning relevant blockhashes from a set of descriptors.In terms of RPC updates,…

Bottlepay, a popular consumer app for Bitcoin transactions, has announced its closure on Monday, July 24, 2023, leaving users with the task of withdrawing their funds. The company stated that all accounts will be closed, and users are urged to withdraw their funds either as Bitcoin or fiat currency (GBP/EUR) from the Bottlepay app before the closure date. Failure to withdraw funds by the closure date will result in Bitcoin being converted to fiat currency and returned to the nominated bank account, while any fiat left in the account will be returned to the nominated bank account as well.In a statement,…