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Check out our Twitter feed to see who we gave these awards to.
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Can you assign someone else's block reward to yourself?π±
Hereβs a brief answer.
As you know, when we mine Bitcoin, we need to find a hash that takes into account all the information in the block.
If we look at the entire transaction list, we can see that the first transaction in any block is the one where the miner assigns the reward to themselves. So, if someone wants to receive a reward for another person's block, they would need to start by rewriting this transaction.
As a result, the block's hash would change, which means your bitcoins will remain safe and sound anywayπ°
Hereβs a brief answer.
As you know, when we mine Bitcoin, we need to find a hash that takes into account all the information in the block.
If we look at the entire transaction list, we can see that the first transaction in any block is the one where the miner assigns the reward to themselves. So, if someone wants to receive a reward for another person's block, they would need to start by rewriting this transaction.
As a result, the block's hash would change, which means your bitcoins will remain safe and sound anyway
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The fear and greed index is heating up every day, which means it's time for us to admit that we... π«’
Are not afraid of the halving, and there are several reasons for this:
Despite miner profitability halving to 3.125 BTC, historically, halvings have led to rapid market growth in the subsequent 1.5-2 years, largely offsetting miner losses. Read more in our article.
The current market situation remains unique due to the influx of institutional capital and open opportunities, and the upcoming halving is capable of finally reshaping the market for large capital and taking it to entirely new levels.
Halving objectively serves positive functions: preventing inflation and stimulating Bitcoin price growth, which has a positive impact on industry development.
And of course, one of the main reasons why we're not scared at all is that our mining infrastructure is prepared not only for the halving test, but also for the superprofit test.
React if you'll be sleeping peacefully tonightβ€οΈ
Despite miner profitability halving to 3.125 BTC, historically, halvings have led to rapid market growth in the subsequent 1.5-2 years, largely offsetting miner losses. Read more in
The current market situation remains unique due to the influx of institutional capital and open opportunities, and the upcoming halving is capable of finally reshaping the market for large capital and taking it to entirely new levels.
Halving objectively serves positive functions: preventing inflation and stimulating Bitcoin price growth, which has a positive impact on industry development.
And of course, one of the main reasons why we're not scared at all is that our mining infrastructure is prepared not only for the halving test, but also for the superprofit test.
React if you'll be sleeping peacefully tonight
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β‘οΈ Breaking News:
π± Bitcoin finally dropped to zero as promised by 90% of real investors from financial channels.
π The SEC got tired of fining everyone and decided to buy crypto because there's not enough money left for a decent vacation.
ππ» All arrested crypto scammers, hackers, and just unlucky individuals decided to transfer to one prison for an international backgammon competition, where they'll determine who's the best.
π± Solanaphone turned out to be much better than Solana, so it doesn't work on Fridays either.
π₯·πΌ All scammers from Twitter finally realized theyβve been behaving badly and decided to go work at a factory instead.
π Blockchain fees dropped so low that banks decided to close down to avoid hindering progress.
You don't believe us? Youβre right, but if you're also relieved, like this post.
π± Bitcoin finally dropped to zero as promised by 90% of real investors from financial channels.
π The SEC got tired of fining everyone and decided to buy crypto because there's not enough money left for a decent vacation.
ππ» All arrested crypto scammers, hackers, and just unlucky individuals decided to transfer to one prison for an international backgammon competition, where they'll determine who's the best.
π± Solanaphone turned out to be much better than Solana, so it doesn't work on Fridays either.
π₯·πΌ All scammers from Twitter finally realized theyβve been behaving badly and decided to go work at a factory instead.
π Blockchain fees dropped so low that banks decided to close down to avoid hindering progress.
In anticipation of the halving, it is crucial to collectively make a well-informed decision that will enable the project to thrive and continue to increase its profitability. This is why we see the need to upgrade the mining equipment fleet. All the benefits have been outlined here.
Let's proceed to discuss all details, questions, and suggestions in the comments. Please feel free to express yourself there
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β‘οΈ Voting #9 is now open!
Reminder: we are proposing to allocate part of the Treasury funds to purchase new miners.
If the vote is positive, we expect to begin replacing equipment that is starting to generate losses with more modern equipment. This will allow us not just to maintain our current hashrate, but to continue to increase it.
You can cast your vote and access further details here.
Voting will end at 04:00 PM UTC(+00) on 28/03/2024.
Stay tuned!β€οΈ
Reminder: we are proposing to allocate part of the Treasury funds to purchase new miners.
If the vote is positive, we expect to begin replacing equipment that is starting to generate losses with more modern equipment. This will allow us not just to maintain our current hashrate, but to continue to increase it.
You can cast your vote and access further details here.
Voting will end at 04:00 PM UTC(+00) on 28/03/2024.
Stay tuned!
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You can cast your vote here. Hurry up!
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Congratulations on completing vote #9!
99% voted in favor of using Treasury funds to purchase new miners.
New equipment will be purchased over a 30 day period. Gradually, as the equipment is purchased and delivered, the purchased hashrate will be connected to the project.
We will tell you about all the processes in detail! Don't miss out!π°
99% voted
New equipment will be purchased over a 30 day period. Gradually, as the equipment is purchased and delivered, the purchased hashrate will be connected to the project.
We will tell you about all the processes in detail! Don't miss out!
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If you are ever asked if you are a shrimp or a humpback whale, don't rush to knock out your interlocutor. It is better to save this post and come back to it at the right moment π