Miners, however, have always been aware of the timeline surrounding mineable Bitcoin as first outlined in Satoshi Nakomoto’s white paper. The beauty is that we have created a playbook for bridging emerging technology, institutional investment, and alternative sources of energy, while providing economic opportunities to the communities who welcome it. While Bitcoin’s “proof of work” system may seem limiting on first glance, miners have used it as the basis for our own decentralized network with footprints across multiple jurisdictions, instantly adaptable to regulatory tailwinds and technological advancements.
Related posts
-
Mt Gox Initiates Bitcoin Repayments to Creditors
The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun... -
This Dormant Bitcoin Wallet Holding $6.8 Million BTC Just Reactivated, Are They Selling?
Bitcoin has recently been plagued with massive selling pressure, with different entities looking to offload their... -
Germany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers $13.6M Unnoticed
Approximately 14 hours ago, the German government sold roughly...