a lot of people think bitcoin transaction processors - sorry, i mean "miners" - make money by "mining" bitcoins and then selling them.

not true!

Marathon is America's largest bitcoin miner. they never sell any bitcoins. Instead they find people to lend them money and they buy up bitcoins being mined by other bitcoin mining companies. Then they just HODL their bitcoins... forever.

It's the exact same strategy being used by Michael Saylor and MicroStrategy.

#Marathon #MARA #Bitcoin #BTC #bitcoinmining #bitcoinminer #crypto #cryptocurrency #MSTR #Microstrategy #MichaelSaylor

¡Nuevo evento en #BitcoinMiner! 💥 #Diggy te permite cavar 💎 y encontrar #recursos 🛠️ para ganar #Bitcoin 💰 ¡Diviértete 🎮 mientras ganas criptomonedas! 🤑 #JugarParaGanar #Minería #Satoshis 🪙
#PiggJrBonus 🐷 #ExperienciaDivertida 😄
https://bit.ly/4bGj8vC

Alarmierendes Signal für Bitcoin-Miner: Kapitulation der Hash Ribbons löst Unsicherheit aus - Kapitulationssignal der Bitcoin Hash Ribbons - Moment der Unsicherheit für BTC-Miner

Charles Edwards, Gründer von Capriole Investments und Schöpfer d... #Alarmierendes #Bitcoin #BitcoinMiner #Hash #Kapitulation #löst #Ribbons #Signal...
https://krypto-news.net/krypto-news/alarmierendes-signal-fuer-bitcoin-miner-kapitulation-der-hash-ribbons-loest-unsicherheit-aus/?feed_id=66034&_unique_id=64ba5af40c02d

Bitcoin (BTC)-Miner senden 128 Mio. US-Dollar an Börsen https://de.cointelegraph.com/news/bitcoin-miners-send-record-inflows-to-exchanges #Bitcoinminer #hashkurs #Bitcoin #mining #Gewinn #Umsatz #Börse #price #BTC

Powerful ASIC Miners Updated with Unique Bitstream

https://www.technews24h.com/2023/05/powerful-asic-miners-updated-with.html

#technews24h #tech #technology #crypto #cryptocurrency #bitcoin #cryptominer #bitcoinminer #btc #eth #business

@web3isgreat not the only #bitcoinmining company to find itself entangled in a lawsuit about fraud... #Riot / #RiotBlockchain also got itself so embroiled.

https://medianista.com/chad_harris_ashton_harris_fraud/
#crypto #cryptocurrency #bitcoinminer #whinstone

#RiotBlockchain (FKA "Bioptix" before it metamorphosed from a biotech scam into a #cryptocurrency scam) filed a non-timely notice with the #SEC stating that it would have to restate all of it's earnings back to 2020 and (unlike #MARA) it admitted that the changes would be "material" to the amount of income it reported.

#RIOT #Blockchain #bitcoinminer #bitcoinmining

😂❤️
---
RT @Cryptadamist
$MARA (Marathon, large #bitcoinminer, filed for an extension w/the SEC today for its annual report. Why?

"Our auditors pointed out that everything we filed with the SEC since 2021 was basically a lie. Most importantly we didn't account for drop in $BTC prices" (h/t @paulgb)
omeg
https://twitter.com/Cryptadamist/status/1630746165044994057

...and with a whimper not a bang a measurable percentage¹ of #bitcoinmining capacity is absorbed by the part of the financial system the rest of us keep desperately trying to build walls around because we're tired of getting eaten by monsters².

¹ #CORZ was (is?) the biggest #bitcoinminer in the world

² #BlackRock is one of the biggest and most ruthless private equity funds AKA exactly the kind of ungrateful beneficiary of the 2008 bailouts that St. Satoshi was sent to earth to free us from

The fact that a #BitcoinMiner with 10% market share has filed for #bankruptcy shows the significance of the fact that the #bitcoin price has hovered at the average mining cost of ~$17,000 since November 9 (and note that 45% of a proposed rescue package hangs on a #BTC price of $18,500). https://www.coindesk.com/business/2022/12/21/core-scientific-one-of-the-largest-bitcoin-miners-files-for-bankruptcy-protection/

BitcoinMinerScript.com - How To Earn Free Bitcoin???

bitcoinminerscript.com is a bitcoin mining script that allows you to use your computer's processing power to mine for bitcoins. The script works by using your computer's processor to solve complex mathematical problems, and in return you are rewarded with bitcoins.

Url: BitcoinMinerScript.com

#Bitcoinminer #script #bitcoinminerscript #bitcointora #bitcointora #online

RT BtcBlockBot@Twitter.com

The 364th Bitcoin mining period has started with block 731,808. ⛏ New difficulty: 28,225,928,151,211 (-1.26%)

https://twitter.com/BtcBlockBot/status/1514525652199915521

#Bitcoin :bitcoin: #Difficulty #Adjustment #DifficultyAdjustment #Hashrate #Block #Epoch #DifficultyEpoch #MiningPeriod #Mining #BitcoinMining #BitcoinMiner #SHA256 #ASIC #Rig #MiningRig #BtcBlockBot

What's The Egg Solution?

Blockchain Solutions Hawaii wants to see a fleet of ships that do one thing: Mining bitcoin (using OTEC energy)

https://stacker.news/items/18322

Will #bitcoin :bitcoin: #mining be the catalyst that finally gives #Ocean Thermal #Energy Conversion (#OTEC) the chance to scale to feasibility?

#BTC #BitcoinMining #Mining #BitcoinMiner #Miner #Hashrate #OceanThermalEnergyConversion #PlantShip #OTECShip #OTECPlantShip #OTECFleet #BlueEconomy #RenewableEnergy #Energy #NathanielHarmon

@breedlove22 @Bquittem

RT @WSzamosszegi@Twitter.com

"Bitcoin miners are the pioneer species...they go find unused energy assets around the world and they help bootstrap [it] wherever it is..." -
@Bquittem

If you want to understand the relationship between Bitcoin and energy, listen to this:

https://twitter.com/WSzamosszegi/status/1506774249008250886

Bitcoin is a Pioneer Species with Brandon Quittem (WiM161)
https://youtube.com/watch?v=JAL_XbJhbqY

#Bitcoin :bitcoin: #BTC #Mining #BitcoinMining #Miner #BitcoinMiner #BQuittem #BrandonQuittem #Breedlove

RT BtcBlockBot@Twitter.com

The 360th Bitcoin mining period has started with block 723,744. ⛏ New difficulty: 27,967,152,532,434 (+4.78%)

#Bitcoin :bitcoin: #Difficulty #Adjustment #DifficultyAdjustment #Hashrate #Block #Epoch #DifficultyEpoch #MiningPeriod #Mining #BitcoinMining #BitcoinMiner #SHA256 #ASIC #Rig #MiningRig #BtcBlockBot

Open-source dashboard that monitors ASIC prices

https://btc-utils-fe.herokuapp.com/

--
Github Links:
Front-end: https://github.com/nhamilton1/btc-utils-fe
Back-end: https://github.com/nhamilton1/btc-utils-be

--
RT @AdrenaIine@Twitter.com

I made an open-source #dashboard that monitors #ASIC prices. It automatically scrapes ASIC listings to automate [...]

https://twitter.com/AdrenaIine/status/1491248641419669504

#Bitcoin :bitcoin: #Miner #BitcoinMiner #Mining #BitcoinMining #MiningRig #Price #Prices #Hashrate #HomeMining #Energy #Electricity #NicholasHamilton #NickHamilton #JoeRodgers

Compute North continues site selection process

https://www.reflector.com/news/local/compute-north-continues-site-selection-process/article_128b4dea-14f9-5292-a806-d4046f2551bd.html

["Rule changes include:] located on at least 35 acres of property. The facilities also can’t be within a 2,500-foot radius of a school or residential property."

"[A previous site was opposed by those] living nearby because of concerns that noise generated by the units’ cooling fans would disrupt classes and the area’s rural character. There also are concerns about the amount of #electricity the processors will use."

#Bitcoin :bitcoin: #Miner #BitcoinMiner #Mining #BitcoinMining #Hashrate #ASIC #Container #MiningContainer #ComputeNorth #Energy #Greenville #GreenvilleNC #NorthCarolina

RT BtcBlockBot@Twitter.com

The 358th Bitcoin mining period has started with block 719,712. ⛏ New difficulty: 26,643,185,256,535 (+9.32%)

https://twitter.com/BtcBlockBot/status/1484362400383963139

#Bitcoin :bitcoin: #Difficulty #Adjustment #DifficultyAdjustment #Hashrate #Block #Epoch #DifficultyEpoch #MiningPeriod #Mining #BitcoinMining #BitcoinMiner #SHA256 #ASIC #Rig #MiningRig #BtcBlockBot

Potential of waste water treatment plants energy for Bitcoin Mining

Thread by @BioMining on Thread Reader App

https://threadreaderapp.com/thread/1483561518960726017.html

"How large is the amount of energy that can be produced by a Waste Water Treatment Plant, and how costly can it be. Short answers: 26kW per each million gallons per day (MGD) of wastewater and ranges from 1.3 to 10 cents per kWh."

#Bitcoin :bitcoin: #Mining #BitcoinMining #Miner #BitcoinMiner #biogas #digester #AnaerobicDigestion #WasteWaterTreatment

@martyn
The trope pushed by #legacyMedia and the #MMT'ers is #bitcoin "destroys the #environment". The reverse has been true, but they repeat enough and don't get #unPersoned.

China blocked dirty fuels for mining last year. Its 40-70% #renewables and #heat is a valuable by-product for many a #bitcoinMiner, for #spaceHeating — even #food prep!

Bitcoin is not for #microPayments, it's #money. Use it every few years to balance books, look at #Layer2 #currency for smaller payments.

@MitiGator