#bitcoinminers — Public Fediverse posts

@GhostOnTheHalfShell there's two scenarios where i see a massive bitcoin crash:

1. something happens to the #microstrategy / #MSTR #ponzi scheme. fun fact: they sold their first ever bitcoins today and people are freaking out. https://www.reddit.com/r/CryptoCurrency/comments/1ttqknf/strategy_just_sold_32_btc_for_25_million_at_77135/

2. #AIPAC or #Israel forces the US to break #bitcoin to make sure #Iran can't use it. this can be done by leaning on the #bitcoinminers in #Texas but now that the Trump family has a financial stake i wouldn't count on it (though it does set up an interesting "unstoppable force meets immovable object" scenario to watch)

#michaelSaylor #Iran #iranwar #crypto #cryptocurrency #btc #bitcoinmining

China still controls 55% of Bitcoin hashrate despite crypto ban - China remains a major player in the Bitcoin mining industry despite impo... - https://cointelegraph.com/news/chinese-bitcoin-miners-control-55-of-network #bitcoinregulation #bitcoinmining #bitcoinminers #btcmining #cryptoban #hashrate #bitcoin #china

Thai Authorities Raid Illegal Bitcoin Mine After Power Outages Spark Resident Complaints - Thai authorities successfully raided an illegal bitcoin mining operation in Ratcha... - https://news.bitcoin.com/thai-authorities-raid-illegal-bitcoin-mine-after-power-outages-spark-resident-complaints/ #electricityconsumption #bitcoinminers #bitcoinmining #illegalmining #digitalasset #miningrigs #mining #taxes

Bitcoin Fees Decrease, But Over 257,000 Pending Transactions Await Confirmation - Although the Bitcoin blockchain’s average transaction fees have decreased since su... - https://news.bitcoin.com/bitcoin-fees-decrease-but-over-257000-pending-transactions-await-confirmation/ #transactionverification #confirmationbacklog #pendingtransactions #transactionbacklog #networkthroughput #ethereumnetwork #transactionfees #bitcoinminers #averagefees #blockchain #682000txs #feetiers #backlog

Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees - In just under two weeks, the number of unconfirmed transactions on the Bitcoin net... - https://news.bitcoin.com/bitcoin-network-overwhelmed-by-390000-unconfirmed-transactions-and-surging-fees/ #unconfirmedtransactions #financialtechnology #networkcongestion #lightningnetwork #transactionfees #cryptocurrency #bitcoinminers #blockchain #backlog #bitcoin #mempool #attack #news #ddos