Hello Humble Bitcoiners!
Welcome back to your daily dose of Bitcoin signal! |
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| 📝 Today's Rundown Miners Are Resilient: A Report shows the U.S. as the dominant bitcoin mining player but China still comes at second place despite the country’s ban last year. Privacy: Users can take advantage of the cryptographic protection offered by GPG to secure files and data that they want to keep well under wraps. Misdirection of Resources: A misdirection of resources and an obstruction of progress, wind and solar energy reflect the same distracting qualities of altcoins. |
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🌎 MINERS ARE RESILIENT |
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China Emerges As Second-Largest Bitcoin Mining Hub Despite Ban
By Shawn Amick After the ban on mining in China last summer, the U.S. has risen as the global dominant country housing much of China's hash rateleft with no home. For a moment it was thought that the country's hash rate had dropped to zero, but new data from a Cambridge Center for Alternative Finance (CCAF) report shows that it has picked up pace and is once again the second largest.
After the Ban, that took place in June of 2021, the leaderboard on global hash rate producing looks the following way: The U.S leads the mining industry with 37.84% of the global hash rate. China holds second place up with 21.11% of the global hash rate. Kazahstan follows up with 13.22% Canada produces 6.48% of the global hash Russia with 4.66% It nevertheless shows how bitcoin mining as an industry is resilient, and even resistant to bans. Mining bitcoin has a special property that it's often misunderstood, adaptability. China has shown how the industry quickly adapted to the new circumstances, operating a large proportion of the global hash rate for the simplicity of powering up and off the machines, in a quickly way, if needed.. |
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How To Lock And Protect Away Secret Files With GNU Privacy Guard
By Arman The Parman Privacy is a fundamental human right, and even though one might think it’s not important if you don’t have anything to hide, it is crucial to prevent authoritarianism and tyranny. Without privacy, an entity with sufficient power and resources could easily resort to censorship and coercion to force others to behave as they please and have them under their control.
This article is a useful and easy to follow guide to enhance our privacy by encrypting files using open-source software on a Linux, Mac, or Windows computer, allowing its users to transport valuable digital information across time and space. Gnu Privacy Guard (GPG) is a complete and free implementation of the OpenPGP (Pretty Good Privacy) standard. It allows you to encrypt and sign your data and communications and features a versatile key management system along with access modules for all kinds of public key directories. |
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1. Pnkfrg is a new mobile gaming studio building on Bitcoin’s Lightning Network targeting a casual, F2P creator economy experience.
2. The history of Bitcoin upgrade activation mechanisms informs an opinion on how to make protocol changes in the future.
3. Damage to our soil and ongoing misguided environmentalism are symptomatic of fiat’s shortsightedness. Bitcoin offers a chance for Renaissance.
4. Risk assets continue to face a challenging environment as Federal Reserve officials take incremental actions to tighten financial conditions.
5. CoinCorner released the Bolt Card, a contactless NFC card that works similar to the tap function for Visa, but on the Bitcoin Lightning Network.
6. Ingenuity, community and fun were on display at the Bitcoin 2022 Bazaar, a marketplace of merchandise from Bitcoiners.
7. Primer, an automated payments infrastructure platform servicing over 30 countries, partnered with OpenNode to enable one-click payments with bitcoin.
8. Dr. Jordan Peterson discussed how Bitcoin’s incorruptible store of value is essential for psychological well-being.
9. Countries in Africa have the opportunity to become global leaders by adopting Bitcoin and providing a pathway for innovation. All fiat leads to Bitcoin. |
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| ⚡MISDIRECTION OF RESOURCES |
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Bitcoin SongSheet: Wind And Solar Are The Altcoins Of Energy
By Jimmy Song The Bitcoin SongSheet series is back with more controversial but substantiated viewpoints from Jimmy Song, Bitcoin enthusiast, The Bitcoin Magazine contributor, author and developer of open-source Bitcoin projects since 2013.
In this chapter, its author explains why “green” energy is ridiculously inefficient and how the industry has managed to survive only because of governmental subsidy. Growing through propaganda and misleading claims of being renewable, “green” energy requires resources from the earth like everything else and has a finite lifespan. It is just because of the manipulable fiat standard that the industry continues its rent-seeking existence.
This article explores sensitive topics about the renewable energy industry, such as how not many people understand energy, energy from first principles, fossil fuels, the world post-1971 (The end of the gold standard), a drag on growth and how Bitcoin can fix that. |
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By bitcoinshirt.net
The solution is so simple, yet so complicated for many to see it, as we keep being bombarded by distractions. Bitcoin allows us for the first time in human history to separate the money from state, but not by giving the power to any other entity, but by granting no one the power of issuance.
This is the financial revolution we fight for, where money becomes a product of the free market, and unsusceptible to changes.
With love,
Bam |
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Today's email was brought to you with ♥ by Bam.
Keep on reading, keep on stacking. |
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