February 2023 Topics - Githubissues

MatulefM commented 1 year ago

Credit: Colin Harper / Jaran Mellerud / Balmy Investor
“2022 was a watershed year for Bicoin mining, mostly for hard-to-stomach reasons. 2021's bull market flushed the Bitcoin mining industry with gobs of capital and new participants. As the industry has become increasingly institutionalized and intertwined with traditional finance and energy sectors, there's never been as much interest in Bitcoin mining.”
“That's why 2022's bear market hit so hard. Hashprice hit an all-time low in November. New-gen ASICs exited the year at all-time low valuations. Many Bitcoin mining stocks fell more than 90%. North America's leading hosting providers went bankrupt. Acquisitions and asset sales became a prevailing theme. Riches gained in the bull market were lost. And for however tough 2022 was, 2023 could be tougher still.”

MatulefM commented 1 year ago

Credit: Adam Popescu / MIT Technology Review
“Proceeds from the sale of Bitcoin are already helping to pay for park salaries, as well as its infrastructure projects like roads and water pumping stations.”

Credit: Coinkite
“By using this security architecture, you can rest easy knowing that it is currently close to impossible to breach the COLDCARD Mk4. The use of two secure elements and a microcontroller for splitting secrets that are only accessible after going through extensive cryptographic handshakes greatly reduces the device’s attack surface.”

Credit: Craig Raw
“BIP 329 sets a new standard that will make it easy for wallets to allow users to back up various types of wallet labels and import them into other compatible wallets.”

Credit: Sam Callahan
“My takeaway is this order could be more than a no-name Russian exchange getting punished. It could also be a blueprint for stopping P2P exchanges with legitimate user activity, and be used as an opportunity to frame BTC as money used by criminals.”

Since 2018 there has been a 3x growth in Bitcoin monthly active developers, from 372 to 946
Bitcoin monthly active devs are flat between Dec 2021 and Dec 2022 (944 vs 920)

MatulefM commented 1 year ago

Credit: Jameson Lopp
“The ability to "claw back" funds that have been lost due to a compromised security architecture means that bitcoiners can sleep more peacefully at night, knowing that they can be fallible, make mistakes, and not have to suffer from catastrophic loss due to a single oversight.”

Credit: Zoltan Vardai
“TeraWulf is in “the initial stages of ramping its mining operations” and expects the nuclear-powered data center to “provide 50 MW of net mining capacity to TeraWulf” in the first quarter of 2023”

MatulefM commented 1 year ago

ChicagoBitdevs / ChicagoBitdevs.github.io