Making Bitcoin Fun Again

Published: Tue, 03/14/23

March 14, 2023
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https://www.youtube.com/watch?v=6Pd9BHTqrnU

5 ways Bitcoin Inscriptions could change mining revenue

 

The Bitcoin blockchain is at the center of an on-going craze for on-chain collectibles that usually sit on other networks beyond Bitcoin. Called Inscriptions, these bits of embedded text, audio, images and other data types exploded in popularity after the Ordinals project launched in January.
 

Though this nascent variation of traditional on-chain activity has faced harsh criticisms from some corners of the Bitcoin community.

But the innovative form of demand for block space and transaction confirmations introduces some novel possibilities for revolutionizing the landscape of mining revenue. This article is a mostly theoretical overview of how mining revenue could change soon based on the assumption that Bitcoin inscription activity is not a short-lived fad and will continue to grow in volume and complexity.

 

Read the complete article here.

These four charts explain the Bitcoin Ordinals craze

So, what’s actually happening on the Bitcoin blockchain because of these Inscriptions? Here are a few charts that visualize the on-chain craze.

 

Click here to continue reading

Bitcoin Mining Stock Roundup: February Monthly Numbers

Spring is within sight, but perhaps not for Bitcoin miners. North America’s publicly listed Bitcoin miners continued to battle the old foes of stagnant Bitcoin price and rising network difficulty.

Click here to continue reading

Mining News Feed

Twitter / Bitcoin Miner Lands Block With 6.7 PH/s

 

CoinDesk / Bitcoin Miner Stocks Surge Amid Banking Meltdown

 

The Block / Bitcoin spikes as US inflation meets estimates

Today we are joined by mining analyst Anthony Power to talk about February's public miner performance. We discuss the chaos in the banking sector, big deployments from Marathon and others and some new metrics to be aware of.

Watch on YouTube here.

Mining Stock Snapshot

*As of Tuesday, March 14

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