The director of Kenya's largest power provider, Peketsa Mwangi, said in an interview that they will offer geothermal energy to bitcoin miners, which will help reduce carbon emissions related to Bitcoin mining.
Just what is cryptojacking, the cyber attack carried out by crypto miners? Cryptojacking is a type of cyber assault in which a computing equipment is hijacked and operated by the perpetrator, and its capabilities are used to generate bitcoin illegally.
Aseries of revealing texts and tweets by Sam Bankman-Fried, the disgraced CEO of FTX, the once high-flying but now belly-up crypto exchange, had the following to say about his image as a do-gooder: it is a “dumb game we woke westerners play where we say all the right shibboleths and so everyone likes us.”
Late last year, as crypto markets were struggling to regain their footing, the world’s biggest cryptocurrency exchange quietly moved $1.8 billion of collateral meant to back its customers’ stablecoins, putting the assets to other undisclosed uses. They did this without informing their customers. According to blockchain data examined by Forbes, from August 17 to early December–about the same time FTX was imploding–holders of more than $1 billion of crypto known as B-peg USDC tokens were left with no collateral for instruments that Binance claimed would be 100% backed by whichever token they were pegged to. B-peg USDC tokens are digital replicas of USDC, a dollar-pegged stablecoin issued by Boston-based Circle Financial, that exist on blockchains not supported by the firm such as Binance’s proprietary Binance Smart Chain. Each stablecoin is worth one U.S. dollar.
Bitcoin is the foundation. Everything that happens, every technology, every tool, every innovation, such as Artificial Intelligence, enlarges the total Bitcoin pie. I know, I know. Your Twitter feed has probably been drowning in...
My thinking on stablecoins has evolved greatly since I started writing about them four years ago. There are things I’ve gotten right (their emergence as a killer app for blockchain), things I’ve gotten wrong (the viability of Dai), things I was early on (adoption for vanilla payments) and things I remain conflicted on, like the viability of the undercollateralized AKA algorithmic variety.
Bitcoin is a monetary revolution that will change the world of the future. Bitcoin will not only change the world of the future forever, but it will also change it for the better. The Bitcoin system will enable the construction of a fairer and simply better world for everyone.
An unresolved problem is enhancing the dependability and quality of human connectivity, and Starlink can resolve that, which will improve decentralisation by changing bitcoin mining.
"No matter what political reasons are given for the war, the underlying reason is always economic." -A. J. P. Taylor
Crypto analyst filbfilb on Twitter uses tops and bottoms to form a "Bitcoin price curve" to assess whether Bitcoin will reach $1 million in the next cycle.