Ep.12 Bitcoin: The Environmentally Friendly Coin
In this episode of the unhashed podcast: Are reports that bitcoin is mainly mined using renewable energy reliable or is this like trusting Exxon mobile to report its CO2 emissions? With innovations like schnoor, MAST, and taproot, will the Bitcoin core client continue to name its upgrades after discount versions of death metal bands? And...should Bitcoiners be wearing tin foil hats to block out the harmful chain rays emanating from the Bilderburg, I mean Blockstream satellite? Find out the answers to these and other questions in this week’s episode of the unhashed podcast, totally not featuring Mario Gibney. See you on the other side.
Weekly News Wrap Up:
1 year ago today was the BTC ATH.
Jameson Lopp tests full sync of five Bitcoin node implementations.
Bitcoin Core 5 hours
Libbitcoin 20h -- hard coded checkpoints
Bcoin 27h -- changing performance settings caused crashes
Parity Bitcoin 38h -- buggy, didn’t sync due to consensus bug
ETH: Parity 3.7 days, 5x longer than 8 months ago, Geth got stuck
Ripple: 12GB of data per day and requires 8.4TB
Report finds bitcoin mining mainly powered by renewables.
Crypto millionaire arrested for making it rain money
Blockstream Satellite now global coverage + API access via Lightning
Institutional investors favor OTC BTC market
In its recent analysis published Dec. 17, research firm Diar has found that institutional investors have shifted towards higher liquidity OTC Bitcoin markets. Grayscale reportedly registered $216 million in net inflows into its Bitcoin Investment Trust in the first three quarters of 2018, giving Grayscale custody of over one percent of Bitcoin’s circulating supply. As previously reported, GBTC is now holding over 203,000 BTC.
ICO My God, They’re Serious (Ruben):
“The world's first 100% honest Ethereum ICO.”
“You're going to give some random person on the internet money, and they're going to take it and go buy stuff with it.“
“The UET ICO transparently offers investors no value”
“Since these tokens aren't worth anything to start with, there's nowhere to go but up!”
“if it does get picked up by any of the major exchanges, I promise to use some of the ICO proceeds to constantly and incessantly manipulate the market.”
$340k (286 televisions)
Colin: Church and State Podcast
Bryan: Ender’s Game Book Series
Ruben: Who controls Bitcoin Core (Lopp)
ONE FINAL NOTE:
Make sure you are storing your crypto on something secure like a Ledger and backing it up on something sturdy like a Billfodl. If you buy these items through the links above, we do take a cut of the profits but it also helps support the show - a win/win for all involved.