Most bitcoin mining machines will never discover even one single block. The number of mining machines being produced is higher than the number of blocks being found.
What other hardware do we make which mostly never fulfills it's purpose?
Most fire extinguishers never extinguish a fire I suppose.
Anything else?
Pre
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If the USA successfully drives all bitcoin and crypto companies out of the country, will that be good for countries that aren't the USA? IE: Most of the world?
Seems like it would be bad for the USA but maybe bad for America isn't good for everyone else.
50 blocks to go!
As we know, the first genesis block contained a coinbase message with the headline "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks."
And then at the last halvening a block was mined with the coinbase message saying "NYTimes 09/Apr/2020 With $2.3T Injection, Fed's Plan Far Exceeds 2008 Rescue." (Though they missed and it was a block early)
Has there been a headline the miners might sneek into the halvening block tonight?
I saw "U.S. Debt Interest Payments Reach $1 Trillion" recently but I think it was some blog not a paper of record.
The halvening will be on 4/20 if you write dates wrong like an american ๐ฌ
I have posted a few of today's memes to my friend Dan whose birthday is today. He'll be confused and has no idea what a nostr is I shouldn't think.
Remember when "going viral" used to mean that people liked a thing so much they shared it with their friends?
And now it just means the algorithm picked it and forced it into everyone's feeds.
What's most depressing about the almost-certain fact that multiple nations are currently silently stacking sats, is that the UK is in one of the best positions to do so! It is already printing so many billions of pounds that diverting a few of them into BTC would make litterally no difference at all to it's crippling debt problem.
And yet we are almost certainly not among the countries doing it.
It's very like how Kodak wouldn't invest in digital photography because they owned film photography and didn't wanna cut into their own business.
Only the GBP is already defunct to the dollar and double-ducked coz of Brexit, so it's like next generation squared of that.