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This year globally, computers mining for Bitcoin calculated the SHA-256 math algorithm the same amount of times it would take to count every single grain of sand on Earth four billion times. Total Estimated Bitcoin Network Hashes in 2025: 28,382,400,000,000,000,000,000,000,000x

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Documenting ₿itcoin 📄

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64,949 просмотров • 8 месяцев назад •via X (Twitter)

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Bitcoin mining uses a math function called SHA-256, repeated quintillions of times per second by computers globally. Cryptographer Adam Back theorizes this bitcoin algorithm has been calculated more than all operations by every computer combined in history.
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Bitcoin mining uses a math function called SHA-256, repeated quintillions of times per second by computers globally. Cryptographer Adam Back theorizes this bitcoin algorithm has been calculated more than all operations by every computer combined in history.

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Each dot on this animated #bitcoin network map represents a node and connection to one of the estimated ~50,000 computers with a full record of all transactions. Nodes use this information to audit, validate, and secure the globally decentralized system:
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Each dot on this animated #bitcoin network map represents a node and connection to one of the estimated ~50,000 computers with a full record of all transactions. Nodes use this information to audit, validate, and secure the globally decentralized system:

Documenting ₿itcoin 📄

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Buying Bitcoin on Coinbase is one-for-one. $7 in, $7 of Bitcoin out. Mining flips the math. $7 of power through a miner can produce $14-15 of Bitcoin TODAY. Here's why it works:
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Buying Bitcoin on Coinbase is one-for-one. $7 in, $7 of Bitcoin out. Mining flips the math. $7 of power through a miner can produce $14-15 of Bitcoin TODAY. Here's why it works:

Simple Mining

12,595 просмотров • 4 месяцев назад

1) Evidence is mounting that The New York Times NYT Graphics allegedly manipulated photos and videos, to make #Bitcoin mining locales to appear polluted and smog-filled. Watch as the same pinched color profiles appear on every single one of the videos and images in the story.
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1) Evidence is mounting that The New York Times NYT Graphics allegedly manipulated photos and videos, to make #Bitcoin mining locales to appear polluted and smog-filled. Watch as the same pinched color profiles appear on every single one of the videos and images in the story.

Level39

206,659 просмотров • 3 лет назад

When GameStop uses its $4.6 billion in cash to buy Bitcoin, they’ll be at the #2 spot for largest corporate Bitcoin treasuries in the WORLD behind $MSTR They would hold OVER 5X the amount of bitcoin held by Coinbase 🛡️. Roberto Rios on THE Bitcoin Podcast
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When GameStop uses its $4.6 billion in cash to buy Bitcoin, they’ll be at the #2 spot for largest corporate Bitcoin treasuries in the WORLD behind $MSTR They would hold OVER 5X the amount of bitcoin held by Coinbase 🛡️. Roberto Rios on THE Bitcoin Podcast

Walker⚡️

45,975 просмотров • 1 год назад

"Where are the servers of Bitcoin located?” - Prof Jiang That single question from Jiang shows the misunderstanding immediately. Bitcoin does not run on one company’s servers, Bitcoin runs on a distributed network of nodes spread across the world, which is exactly why it is hard to censor, shut down, or control, plus the mining system on top of it to protect it with energy. When someone frames Bitcoin like a centralized system, they are not critiquing Bitcoin as it is. They are critiquing a version of Bitcoin that exists only in their own confusion.
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"Where are the servers of Bitcoin located?” - Prof Jiang That single question from Jiang shows the misunderstanding immediately. Bitcoin does not run on one company’s servers, Bitcoin runs on a distributed network of nodes spread across the world, which is exactly why it is hard to censor, shut down, or control, plus the mining system on top of it to protect it with energy. When someone frames Bitcoin like a centralized system, they are not critiquing Bitcoin as it is. They are critiquing a version of Bitcoin that exists only in their own confusion.

MDB

580,081 просмотров • 5 месяцев назад

Michael Saylor's end game is to buy $3 trillion worth of #Bitcoin! 👀 Microstrategy could, CONSERVATIVELY, own approximately 16% of the total Bitcoin Supply or 3,439,002 Bitcoin!! For those that think this is a MOONBOI projection, listen to the video clip below, VERY CLOSELY, and you will hear him say that he plans on buying $3 trillion worth of Bitcoin 🤯 Even if Saylor buys $3 trillion worth of Bitcoin, at an average price of $1 million per coin, he would be able to buy 3,000,000 Bitcoin! Check my math! This would CONSERVATIVELY bring his total Bitcoin holdings to 3,444,262, or 16% of the total Bitcoin Supply!! Saylor could single handedly jack the price of Bitcoin to $1 million per coin and Samson Mow's Omega candle could be coming in 2025. What going to happen when Nation States, Google, Amazon, Facebook and billions of people complement Saylor's $3 trillion purchase? What is bigger than an omega candle? I asked GROK and it doesn't even know! 😂 I think we should name it the ♾️ candle. This would be representative of Wicked's Stock to Fomo model (see graphic below) and his post: Saylor has said he is going to double his $42 Billion Bitcoin investment at least 4 times and here is how this could lead to him acquiring more than 4 million Bitcoin in 2025: Q1 2025 - Raise $84 Billion to buy 700,000 Bitcoin at average price of $120k/Bitcoin. Q2 2025 - Raise $168 Billion to buy 988,235 Bitcoin at average price of $170k/Bitcoin Q3 2025 - Raise $336 Billion to buy 1,050,000 Bitcoin at average price of $320k/Bitcoin Q4 2025 - Raise $672 Billion to buy 1,680,000 Bitcoin at average price of $400k/Bitcoin In one year there is the possibility that he could REALISTICALLY buy 4,418,235 Bitcoin!! I say "realistically" because the demand for Saylor's $42 Billion equity raise was so great that he is going to be able to use it all up in 3-4 months instead of the projected 3 years!!🤯 This would bring their current Bitcoin holdings of 444,262 Bitcoin to 4,857,237!!!! Or 23% of all Bitcoin!! Calculations are based on our post below: We are closer to $1 million Bitcoin than you think. I believe we will get to this price sooner than Wicked 's projected date of 4/4/2030. I agree with Samson that we get to $1 million per coin by the end of 2025! Hold on to your hat, because we are about to experience exponential, LIFTOFF. To understand exponential growth, envision yourself holding two very powerful magnets. As you start to bring the two magnets together, it gets harder to hold them apart and all of a sudden, BAM, they clap together! This is what we are about to experience, a SUDDEN BAM, in the price of Bitcoin as adoption goes from <1% to 10% in a very short time frame. Now you may better understand why Saylor is frantically, but intelligently, trying to buy $42 Billion of Bitcoin. As an engineer he understands what exponential demand will cause to the price of a finite commodity. Saylor has been on record as saying that "he will be buying the top forever." Don't ever underestimate an astro/aeronautical MIT engineer.
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Michael Saylor's end game is to buy $3 trillion worth of #Bitcoin! 👀 Microstrategy could, CONSERVATIVELY, own approximately 16% of the total Bitcoin Supply or 3,439,002 Bitcoin!! For those that think this is a MOONBOI projection, listen to the video clip below, VERY CLOSELY, and you will hear him say that he plans on buying $3 trillion worth of Bitcoin 🤯 Even if Saylor buys $3 trillion worth of Bitcoin, at an average price of $1 million per coin, he would be able to buy 3,000,000 Bitcoin! Check my math! This would CONSERVATIVELY bring his total Bitcoin holdings to 3,444,262, or 16% of the total Bitcoin Supply!! Saylor could single handedly jack the price of Bitcoin to $1 million per coin and Samson Mow's Omega candle could be coming in 2025. What going to happen when Nation States, Google, Amazon, Facebook and billions of people complement Saylor's $3 trillion purchase? What is bigger than an omega candle? I asked GROK and it doesn't even know! 😂 I think we should name it the ♾️ candle. This would be representative of Wicked's Stock to Fomo model (see graphic below) and his post: Saylor has said he is going to double his $42 Billion Bitcoin investment at least 4 times and here is how this could lead to him acquiring more than 4 million Bitcoin in 2025: Q1 2025 - Raise $84 Billion to buy 700,000 Bitcoin at average price of $120k/Bitcoin. Q2 2025 - Raise $168 Billion to buy 988,235 Bitcoin at average price of $170k/Bitcoin Q3 2025 - Raise $336 Billion to buy 1,050,000 Bitcoin at average price of $320k/Bitcoin Q4 2025 - Raise $672 Billion to buy 1,680,000 Bitcoin at average price of $400k/Bitcoin In one year there is the possibility that he could REALISTICALLY buy 4,418,235 Bitcoin!! I say "realistically" because the demand for Saylor's $42 Billion equity raise was so great that he is going to be able to use it all up in 3-4 months instead of the projected 3 years!!🤯 This would bring their current Bitcoin holdings of 444,262 Bitcoin to 4,857,237!!!! Or 23% of all Bitcoin!! Calculations are based on our post below: We are closer to $1 million Bitcoin than you think. I believe we will get to this price sooner than Wicked 's projected date of 4/4/2030. I agree with Samson that we get to $1 million per coin by the end of 2025! Hold on to your hat, because we are about to experience exponential, LIFTOFF. To understand exponential growth, envision yourself holding two very powerful magnets. As you start to bring the two magnets together, it gets harder to hold them apart and all of a sudden, BAM, they clap together! This is what we are about to experience, a SUDDEN BAM, in the price of Bitcoin as adoption goes from <1% to 10% in a very short time frame. Now you may better understand why Saylor is frantically, but intelligently, trying to buy $42 Billion of Bitcoin. As an engineer he understands what exponential demand will cause to the price of a finite commodity. Saylor has been on record as saying that "he will be buying the top forever." Don't ever underestimate an astro/aeronautical MIT engineer.

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280,298 просмотров • 1 год назад

This video recorded in 2012 documents the first time a machine made specifically for bitcoin mining was switched on. The new type of computer mined about 25 bitcoin every day
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This video recorded in 2012 documents the first time a machine made specifically for bitcoin mining was switched on. The new type of computer mined about 25 bitcoin every day

Documenting ₿itcoin 📄

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This is WILD. Robert Kiyosaki just dropped another doomsday prediction. He says that one year after "the biggest bubble in history" bursts, we'll be looking at these prices: Gold: $35,000/oz Silver: $200/oz Bitcoin: $750,000 Ethereum: $95,000 Sounds great until you run the math. For all four to hit those numbers at the same time, gold, silver, Bitcoin, and Ethereum would need a combined market cap of roughly $285 trillion. That's more than double the value of every publicly traded company on Earth, COMBINED.

Crypto Rover

463,819 просмотров • 2 месяцев назад

Made in Paraguay 🇵🇾 Special containers for Bitcoin mining built to get the most out of every miner. Built in Paraguay by Paraguayans. Soon our clients can rent or buy these containers to grow on Morphware owned mining and AI sites. Building the future of Bitcoin mining. $XMW
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Made in Paraguay 🇵🇾 Special containers for Bitcoin mining built to get the most out of every miner. Built in Paraguay by Paraguayans. Soon our clients can rent or buy these containers to grow on Morphware owned mining and AI sites. Building the future of Bitcoin mining. $XMW

Morphware

19,973 просмотров • 7 месяцев назад

Strategy sold 32 Bitcoin out of 843,000. The financial media declared Bitcoin dead. Meanwhile, Bitcoin is down exactly what it's down in every midterm year on record. Leverage failed. Bitcoin absorbed it. Same as 2022. Same as 2018. This is a transfer, not a collapse. 👇
19:47

Strategy sold 32 Bitcoin out of 843,000. The financial media declared Bitcoin dead. Meanwhile, Bitcoin is down exactly what it's down in every midterm year on record. Leverage failed. Bitcoin absorbed it. Same as 2022. Same as 2018. This is a transfer, not a collapse. 👇

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MARA CEO: Using Electricity for AI Is Far More Profitable Than Bitcoin Mining Fred Thiel Fred Thiel, CEO of MARA, one of the world's largest publicly listed Bitcoin mining companies, said in a July 23 interview with Natalie Brunell that electricity has become the industry's most critical resource, as the same amount of power can generate far greater returns when used for AI than for Bitcoin mining. This is why MARA and many of its peers are shifting toward AI data centers. However, MARA will continue mining Bitcoin, as it remains an effective way to utilize surplus electricity in regions where energy is free or inexpensive.
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MARA CEO: Using Electricity for AI Is Far More Profitable Than Bitcoin Mining Fred Thiel Fred Thiel, CEO of MARA, one of the world's largest publicly listed Bitcoin mining companies, said in a July 23 interview with Natalie Brunell that electricity has become the industry's most critical resource, as the same amount of power can generate far greater returns when used for AI than for Bitcoin mining. This is why MARA and many of its peers are shifting toward AI data centers. However, MARA will continue mining Bitcoin, as it remains an effective way to utilize surplus electricity in regions where energy is free or inexpensive.

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ALL NEW SERIES ‼️ - 21 Voices Watch it NOW on Swan's YouTube channel. (see link below) or view it on Twitter/X tomorrow. In this first episode Daniel Batten reveals how Bitcoin mining can significantly mitigate methane emissions, turning the entire Bitcoin network carbon negative. Discover the untold environmental benefits of Bitcoin mining and how it combats negative press while driving renewable energy infrastructure. Learn about the true potential of #Bitcoin in shaping a sustainable future.
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ALL NEW SERIES ‼️ - 21 Voices Watch it NOW on Swan's YouTube channel. (see link below) or view it on Twitter/X tomorrow. In this first episode Daniel Batten reveals how Bitcoin mining can significantly mitigate methane emissions, turning the entire Bitcoin network carbon negative. Discover the untold environmental benefits of Bitcoin mining and how it combats negative press while driving renewable energy infrastructure. Learn about the true potential of #Bitcoin in shaping a sustainable future.

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Tether CEO Paolo Ardoino on what's keeping Bitcoin from replacing gold "Bitcoin is not yet at the stage of adoption and education in the broader world that will make it the new world reserve currency." "The majority of the decision makers in this world are above 60 years old, and nothing wrong with that. But simply, not everyone understands Bitcoin." "Bitcoin is not 5000 years old, as gold is. Bitcoin does not have yet, the penetration, in terms of knowledge and understanding, that gold has." "Gold had 5000 years, proving itself as the reserve currency, in Roman times, in Egyptian times, every single time, gold was there."
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Tether CEO Paolo Ardoino on what's keeping Bitcoin from replacing gold "Bitcoin is not yet at the stage of adoption and education in the broader world that will make it the new world reserve currency." "The majority of the decision makers in this world are above 60 years old, and nothing wrong with that. But simply, not everyone understands Bitcoin." "Bitcoin is not 5000 years old, as gold is. Bitcoin does not have yet, the penetration, in terms of knowledge and understanding, that gold has." "Gold had 5000 years, proving itself as the reserve currency, in Roman times, in Egyptian times, every single time, gold was there."

The Wolf Of All Streets

36,207 просмотров • 8 дней назад

Who's Watching the Bitcoin Network? with B10C | SLP707 b10c and I discuss censorship resistance, mining pools, and the real impact of OFAC sanctions. We also explore how B10C’s Peer Observer project and the Bitcoin Network Operations Collective helps monitor the Bitcoin network for anomalies and attacks. (00:00) - Intro (00:17) - Who is B10C? (03:48) - Are some of the Bitcoin transactions OFAC compliant? (07:53) - Are mining pools filtering transactions? (10:59) - Censorship resistance in Bitcoin mining; U.S vs China Bitcoin mining insights (13:59) - Multiple mining pools using the same block template? (20:28) - Payout structures for Bitcoin mining pools; IPC Mining interface by Bitcoin Core V30 (25:47) - What is the Peer Observer Project? (30:00) - Monitoring Bitcoin’s P2P Network through the lens of different configurations (33:20) - Insights from the Peer Observer Project (36:17) - What are the costs associated with running the Peer Observer Project? (38:05) - Tooling, infrastructure, data analysis aspects of the Project (40:11) - What is the expected behaviour of a Bitcoin node?; Network attacks and privacy risks (49:32) - What do we know about ‘Linking Lion’? (53:11) - Chain surveillance on Bitcoin (55:46) - Compact Block Relay (1:05:03) - Broad trends of block reconstruction rates (1:15:39) - Core vs Knots point of view on block propagation (1:20:39) - What is the Bitcoin Network Operations Collective? (1:23:09) - Closing thoughts
1:22:18

Who's Watching the Bitcoin Network? with B10C | SLP707 b10c and I discuss censorship resistance, mining pools, and the real impact of OFAC sanctions. We also explore how B10C’s Peer Observer project and the Bitcoin Network Operations Collective helps monitor the Bitcoin network for anomalies and attacks. (00:00) - Intro (00:17) - Who is B10C? (03:48) - Are some of the Bitcoin transactions OFAC compliant? (07:53) - Are mining pools filtering transactions? (10:59) - Censorship resistance in Bitcoin mining; U.S vs China Bitcoin mining insights (13:59) - Multiple mining pools using the same block template? (20:28) - Payout structures for Bitcoin mining pools; IPC Mining interface by Bitcoin Core V30 (25:47) - What is the Peer Observer Project? (30:00) - Monitoring Bitcoin’s P2P Network through the lens of different configurations (33:20) - Insights from the Peer Observer Project (36:17) - What are the costs associated with running the Peer Observer Project? (38:05) - Tooling, infrastructure, data analysis aspects of the Project (40:11) - What is the expected behaviour of a Bitcoin node?; Network attacks and privacy risks (49:32) - What do we know about ‘Linking Lion’? (53:11) - Chain surveillance on Bitcoin (55:46) - Compact Block Relay (1:05:03) - Broad trends of block reconstruction rates (1:15:39) - Core vs Knots point of view on block propagation (1:20:39) - What is the Bitcoin Network Operations Collective? (1:23:09) - Closing thoughts

Stephan Livera

10,537 просмотров • 8 месяцев назад

Bitcoin Mining Clothes Dryer. Using a Bitcoin miner instead of the heating element to dry laundry. Less than $100 in materials this dryer pays back sats for the power it uses to dry. Follow on nostr for more details. npub1f5pre6wl6ad87vr4hr5wppqq30sh58m4p33mthnjreh03qadcajs7gwt3z
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Bitcoin Mining Clothes Dryer. Using a Bitcoin miner instead of the heating element to dry laundry. Less than $100 in materials this dryer pays back sats for the power it uses to dry. Follow on nostr for more details. npub1f5pre6wl6ad87vr4hr5wppqq30sh58m4p33mthnjreh03qadcajs7gwt3z

Rev.Hodl

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🚨 BITCOIN WEEKLY RSI JUST HIT A HISTORICAL LEVEL The weekly RSI dropping below 30 has only happened four times in history. This means that Bitcoin is extremely oversold and is likely due for a move higher. 2015, 2018, 2022 → all three times led to Bitcoin bull runs. It just happened for the fourth time. This time likely won’t be any different. This is your sign.
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Coinvo Trading

14,804 просмотров • 7 месяцев назад

Did I spam bitcoin? At Braiins, our focus is simple: help miners mine more bitcoin. We love bitcoin. To us, it’s the only truly decentralized digital money. But every once in a while, we’ve used a block to do something else too: mark a moment worth remembering. Leaving a message in a block isn’t exactly new. Satoshi did it in the first one: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” A newspaper headline, timestamped into history. We’ve followed Satoshi’s example a few times since. Like when El Salvador declared bitcoin legal tender, or when the ESG crowd came for bitcoin mining. And, on a more personal note, when I asked Summer Meng to marry me, which we also captured in this video. Those messages will remain on the bitcoin timechain forever. So, did I spam bitcoin?
1:21

Did I spam bitcoin? At Braiins, our focus is simple: help miners mine more bitcoin. We love bitcoin. To us, it’s the only truly decentralized digital money. But every once in a while, we’ve used a block to do something else too: mark a moment worth remembering. Leaving a message in a block isn’t exactly new. Satoshi did it in the first one: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” A newspaper headline, timestamped into history. We’ve followed Satoshi’s example a few times since. Like when El Salvador declared bitcoin legal tender, or when the ESG crowd came for bitcoin mining. And, on a more personal note, when I asked Summer Meng to marry me, which we also captured in this video. Those messages will remain on the bitcoin timechain forever. So, did I spam bitcoin?

Kristian Csepcsar

13,373 просмотров • 1 месяц назад

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