Bitcoin

Bitcoin Halving Is An Open Secret

By Truthraider.com 


There is an open secret that, many within the Bitcoin community know, that is foreign to outsiders. That is the concept that bitcoin block mining rewards are basically cut in half, throughout the lifetime of Bitcoin's mining existence, multiple times. Satoshi set this up on purpose and the mining rewards are halved every 210,000 blocks. The next decrease in mining rewards will be from 12.5 to 6.25 coins. 


The so what of this is simple, if you pay attention. Supply and demand dictate price. After, the next block halving in May 2020, every country on earth will be scrambling to gain what remains of the 21,000,000 existing Bitcoin. Bitcoin started with a few nerds mining on a computer. It now requires Cloud mining and  Bitmain Antminers.  Now we have nation-states backing entire cryptocurrency projects. So what is next? I will tell you my views.

In the next five years we will see a revolution of energy consumption to mine Bitcoin. The green movement people will say that the carbon and toxic footprint is all Bitcoin's fault. This will be a naive belief, as any expert knows Chinese manufacturing and related industries are the real polluters.

Over the next five years technology will catch up to Bitcoin mining in a way that requires corporations and nations to scramble for mine efficiently. Here is the next wave. We will see solar based Bitcoin mining in climates that permit it. We will see hydroelectric plants converting to Bitcoin mining, due to the profitability margins. I also believe we will see Thermal and wave generated Bitcoin mining in the future. Nikola Tesla would be proud.


By Truthraider.com

Bitcoin: $40 Trillion Marketcap and bitcoin mining

Analysits predict that the market cap for Bitcoin will innevetably hit $40 Trillion. 

Bitcoin

Bitcoin is digital gold

Bitcoin Abstract by Satoshi Nakamoto

Bitcoin Halving Is An Open Secret

By Truthraider.com 

There is an open secret that, many within the Bitcoin community know, that is foreign to outsiders. That is the concept that bitcoin block mining rewards are basically cut in half, throughout the lifetime of Bitcoin's mining existence, multiple times. Satoshi set this up on purpose and the mining rewards are halved every 210,000 blocks. The next decrease in mining rewards will be from 12.5 to 6.25 coins. 

The so what of this is simple, if you pay attention. Supply and demand dictate price. After, the next block halving in May 2020, every country on earth will be scrambling to gain what remains of the 21,000,000 existing Bitcoin. Bitcoin started with a few nerds mining on a computer. It now requires Cloud mining and  Bitmain Antminers.  Now we have nation-states backing entire cryptocurrency projects. So what is next? I will tell you my views.

In the next five years we will see a revolution of energy consumption to mine Bitcoin. The green movement people will say that the carbon and toxic footprint is all Bitcoin's fault. This will be a naive belief, as any expert knows Chinese manufacturing and related industries are the real polluters.

Over the next five years technology will catch up to Bitcoin mining in a way that requires corporations and nations to scramble for mine efficiently. Here is the next wave. We will see solar based Bitcoin mining in climates that permit it. We will see hydroelectric plants converting to Bitcoin mining, due to the profitability margins. I also believe we will see Thermal and wave generated Bitcoin mining in the future. Learn how to get bitcoins for your future today! In the future, I will cover Ethereum mining. When it comes to digital mining, Nikola Tesla would be proud.

By Truthraider.com 

Bitcoin

No substitute for the original.

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