JUST IN: 🇺🇸 Financial Firm Jefferies analysts say, “China and Russia are encouraging more domestic #bitcoin Mining.” 👀

Bitcoin Wallet

https://bitcoin.org/

-What is Bitcoin?
Bitcoin was the first decentralized digital currency based on the blockchain technology. It was created in 2008 by an anonymous programmer known as Satoshi Nakamoto, who released the white paper in a cryptography mailing list and later open sourced the software that implements the protocol.

-How does Bitcoin work & where can I get a bitcoin wallet?
Bitcoin is software that runs on a number of distributed devices ranging from smartphones as mobile wallets, PCs as desktop wallets, to ASIC for mining. Transactions are relayed between nodes in a peer-to-peer fashion. In a few seconds a given block will be propagated to all other nodes on the network. While insuring that all nodes reach consensus on which are the valid blocks. The process of supplying new coins in the system is done via the process of mining. The mining software runs on specialized hardware and it tries to compute the hash of assembled transaction and a number called the nonce.

-What are the features of Bitcoin?
Store Of Value
Bitcoin, unlike other cryptocurrencies is considered as a store of value and is said to be the next global reserve currency in years to come.

-Gateway To Digital Currency World
Bitcoin is considered as gateway to the cryptocurrencies world, based on its based status being the originator and first successful experiment on digital currency.

-Bitcoin Script Language
An assembly like language used to build complex types of transactions and advanced contracts to an extent. Complex transactions like Multi-Sig are possi

LATEST: Pakistan is looking to allocate surplus electricity to Bitcoin mining and AI data centers, according to its head of crypto council Bilal bin Saqib.

🔴 Crypto Crash Triggered by Trump’s 104% Tariffs on China?!

🇺🇸 The White House has confirmed the implementation of 104% tariffs on China, which appears to have triggered a significant downturn in the crypto market. After briefly spiking to $79,000, Bitcoin dropped to $76,000, leading to $300M in liquidations across the crypto space.

🇨🇳
These tariffs could heavily impact the markets, especially publicly traded crypto-related companies. For example, MicroStrategy’s stock has dropped over 11%, while #coinbase , Robinhood, and major Bitcoin mining firms have seen declines of around 5%. This might just be the beginning of further downside.
#china #Cryptocrash #WhiteHouse #bitcoin

Bitdeer releases test footage of their new Bitcoin mining computer.

The SealMiner A2 Pro Hyd calculates 500,000,000,000,000 hashes per second.

https://x.com/BitdeerOffic...

#bitcoin #Bitcoinmining #mining

MEET CHUN WANG!

This trailblazer just made HISTORY by becoming the FIRST human to purchase and command a space mission exploring EARTH'S POLES!

But that's not all! Chun's impressive resume includes:

Founding the FIRST Bitcoin mining pool in CHINA, still one of the world's largest to this day!

And to top it off, he made a killing in the early days of Bitcoin, investing when it was worth just $1!

Talk about a cosmic comeback story! Who knows what's next for this space pioneer?

#ChunWang #SpaceExploration #bitcoin #MiningLegend #Trailblazer

Bitcoin Network Hashrate Rises Amid Price Decline

The graph below illustrates the remarkable volatility in Bitcoin's computational power, with hash rate fluctuating between 753 and 886 million TH/s throughout March. Despite this volatility, miners have maintained strong network participation, with the current hash rate reaching 811 EH/s

Mining Economics Analysis:
Our calculations reveal the significant financial pressures miners are facing:

1. Revenue per TH/s dropped from $0.0519 to $0.0467 (-10%) following the price decline.
2. Network-wide daily power costs exceed $33.7 billion
3. Despite these costs, miners maintain operations, suggesting confidence in future returns.
#bitcoin #bitcoinHashrate

🚨 ALERT:
California has witnessed a dramatic surge in cryptocurrency and AI-related scams during 2024, with regulators identifying seven new types of fraud and recording substantial financial losses. Here's a comprehensive breakdown of the situation:

- 2,668 total complaints filed in 2024
- 42 crypto scam websites shut down by California DOJ
- $6.5 million total losses identified
- Average loss per victim: $146,306

New Types of Scams Identified:

1. Fake Bitcoin Mining Schemes
- Fraudulent investment opportunities in mining operations
- Promise unusually high returns

2. Crypto Gaming Fraud
- Users tricked into depositing funds
- Wallets drained immediately after deposits

3. Cryptocurrency Job Scams
- Require victims to transfer cryptocurrency
- Demand sensitive personal information

4. Private Key Theft
- Executed through fake airdrops
- Results in immediate asset theft

5. AI Investment Scams
- Offer unusually high returns
- Target AI market enthusiasm

Regulatory Response:

1. California Department of Justice (DOJ):
- Successfully dismantled 42 fraudulent websites
- Recovered $6.5 million in stolen funds

2. Department of Financial Protection and Innovation (DFPI):
- Shut down 26 fraudulent sites
- Uncovered $4.6 million in losses

Warning Signs of Scams:

Be cautious of websites featuring-
- Promises of unusually high returns
- No contact information available
- Offers of signup prizes

Crypto Scam Tracker:
https://dfpi.ca.gov/cons

JUST IN: Belarus President Lukasheko orders his energy minister to begin mining cryptocurrency.

"If it is profitable for us, let’s do it. We have excess electricity. Let them make this cryptocurrency and so on."
#cryptocurrency #Belarus #mining #cryptomining

Mine free Bitcoinx #Bitcoinx #BTCX #bitcoin #defi #socialfi #dex #Blockchain #xthread
https://xthread.net/mining

https://xthread.net/mining

https://xthread.net/mining
#cryptocurrency #Bitcoinx #bitcoin #ethereum

🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
On December 3, 2024, the free mining platform USDX Mine was officially launched! Welcome to join this exciting cryptocurrency mining journey! 🎁🎁🎁
Using our platform, you can mine USDX valuable tokens, exchange them for USDT, and then withdraw them to your personal wallet. 💯
Token exchange rate: 1 USDX = 1 USDT💰💰💰
Free withdrawal of funds for mining VIP0 is open! 🎉
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
https://bit.ly/3D0nGRf

Farming Points from the future DEX like Blum 👍👍👍👍👍
Tap away. Bulls’n’Bears game is LIVE! Tasks Mining & Farming Massive Airdrop 🎁 👉 https://bit.ly/4dsXL0V
Don't miss the opportunity to become $500-600 richer. It's free and you have nothing to lose 💯💥💯💥💯💥

WE ARE A MINING SIMULATOR WEBSITE WHERE YOU CAN VIRTUALLY MINE CRYPTOS
YOU DON'T NEED TO INVEST AND ALSO YOUR POWER MINING DO NOT EXPIRE.
MINING BLOCKS ITS A MINING SIMULATOR WHERE YOU CAN MINE COINS OR ALSO BE A POOL OWNER SO YOU CAN EARN A FEE FOR EVERY BLOCK MINED => https://bit.ly/3ZUYIff 👍👍👍
HOW TO MINE?
1. SIGN UP
2. ACTIVATE YOUR SPACE,POWER SUPPLY AND MINER
3. JOIN TO ANY POOL
4. AND WAIT FOR REWARDS
EVERY 30 MINUTES THE BLOCK WILL BE RELEASE FOR EACH COIN/TOKEN THE POOL OF EACH COIN WILL FIGHT TO GET THAT REWARD AND THE POOL WHO WIN THE REWARD WILL DISTRUBUTE THAT REWARD BETWEEN THEIR MEMBERS AND THE AMOUNT THAT YOU EARN WILL DEPEND OF YOUR CONTRIBUTION IN THAT POOL.
💰💰💰💰💰💰💰💰💰💰💰💰

Easy way to earn every day: GOMINING
Buy digital miners backed by the real power of our data centers and receive rewards every day. Upgrade your mining farm, complete simple daily tasks and get involved in the game to increase your profits...
https://gmt.io/?ref=To1K1

Farming Points from the future DEX like Blum 👍👍👍👍👍
Tap away. Bulls’n’Bears game is LIVE! Tasks Mining & Farming Massive Airdrop .🎁
Don't miss the opportunity to become $500-600 richer. It's free and you have nothing to lose 💯💥💯💥💯💥
https://t.me/ElectraAppBot...

💰💰💰💰💰💰💰💰💰💰💰
Mining cutting-edge cryptocurrencies has never been easier! 👍👍👍👍
Earn without investment without effort! 💹💹💹💹💹
👉 https://bit.ly/4d5akPK 🎁🎁🎁🎁
❤️❤️❤️❤️❤️❤️❤️❤️❤️

https://xthread.net/mining

Mine #Bitcoinx $BTCX up to 50 BTCX per Second!
#ethereum #Blockchain
https://xthread.net/mining

Mine Free #Bitcoinx today at https://xthread.net/r/7043...
#Bitcoinx #bitcoin #ethereum #Blockchain #crypto #freecrypto #arbitrum #mining

Don't forget to mine #Bitcoinx on https://xthread.net/
#Bitcoinx #mining #defi #bitcoin #ethereum #arbitrum #Blockchain #BTCX

#Bitcoinx #mining #passiveincome
https://xthread.net/

Mine Free Bitcoinx at https://xthread.net/mining
#bitcoin #Bitcoinx #BTCX #crypto #freecrypto #Blockchain #arbitrum

🇳🇱 Farm in the Netherlands uses #bitcoin mining to keep stable temperatures inside the greenhouse 🌱

Quantum Computing and Bitcoin Mining: Summary
Connection
Quantum computing can process information exponentially faster than classical computing, potentially transforming Bitcoin mining, which relies on solving complex mathematical problems.

Potential Advantages
Improved Efficiency: Quantum computers can solve hashing problems much quicker, enhancing mining efficiency.
Reduced Energy Consumption: They could lower the energy required for mining, making it more environmentally friendly.
Enhanced Security: New post-quantum encryption methods will be needed to counteract quantum threats, improving transaction security.
Decentralized Mining: Widespread quantum computing could make mining more accessible and decentralized, reducing the concentration of mining power in large server farms.
Conclusion
Quantum computing could revolutionize Bitcoin mining by boosting efficiency, reducing energy use, and enhancing security, while also posing new challenges.

Find the right plan for you
Cloud mining is perfect for beginner miners who want to try mining and earning cryptocurrency as well as experienced miners who don't want the hassle or risks of hosted or at-home mining.
Litecoin (LTC) Mining Pool. Make daily withdrawals for free Received: 0.0001 LTC - Litecoin Miner with a fully automated process. Start earning Litecoin now! Register now and get $10.00 bonus:
https://ltcminer.com/86113...
https://ltcminer.com/86113...
Proof of my withdrawal every day:

Hello,

I am Satoshi Nakamoto, the creator of Bitcoin. My associate Arthur Dehoorne spoke to me extensively about a Bitcoin site before joining. After closely examining this site, I was impressed by its features and potential for the community. As Satoshi Nakamoto, I will inform the other Bitcoin administrators so they can also evaluate it. Additionally, I plan to reward users of this site with Bitcoins to encourage their participation.

Best regards,

Satoshi Nakamoto