Charles River Associates’ Post

A solo miner with an 11 PH/s hash rate successfully mined a Bitcoin block and earned $217,000! 🚀 A solo miner with limited resources and older equipment managed to mine a block on the Bitcoin network and make a not-so-small sum - a whopping $217,000! This story confirms that in the world of cryptocurrencies, even the most unexpected events can lead to significant profits. It inspires and demonstrates that faith in the world of cryptocurrencies is well-founded. Public miners are also increasing their share of the overall hash rate, making the market more stable. The average hash rate has reached record levels, and Bitcoin continues to strengthen its position. 🌟💰 #bitcoin #Mining 

We have 23 days remaining until the #BTC halving. For those unfamiliar, let's begin with what a Bitcoin halving means: It's an event where the reward for mining Bitcoin transactions is cut in half. This process slows down the creation of new coins, thereby reducing the available supply. Bitcoin is about to close its 7th consecutive monthly candle in the green. With the halving event set for April, we should expect another green month ahead.

Collateral is the cornerstone of any token's real value. In essence, for a token to have a market price and be actively traded, it needs substantial backing—something that gives it value. For AMT, that backing includes over 80 bitcoins and around 2000 mining machines, which generate daily bitcoin earnings for the AMT Community. This means that when Bitcoin's value increases, so does AMT's. Investing in AMT, therefore, offers a unique way to diversify your Bitcoin holdings. Discover more on our website (https://lnkd.in/ehHc3ixk), or get in touch with our team to clear any doubts!

#BitcoinNews: Paraguay's lawmakers propose a bill to ban Bitcoin mining, citing illegal power usage and disruptions to the power supply. The ban could cost the nation $200M annually, impacting its small economy. Miners, such as Marathon Digital Holdings, could face significant impact. Bitcoin mining's significant contribution to the trade balance is at risk if the ban is approved. #CryptoNews #CryptospaceToday #Bitcoin

Look at this Bitcoin mining farm in an undisclosed location. Then listen to this sound. THIS IS THE SOUND OF FREEDOM. BITCOIN is ENERGY. BITCOIN IS FREEDOM!!! #Bitcoin #BTC #Freedom #BitcoinMining #BTCMining

Bitcoin's price is following a similar pattern to previous halvings, suggesting that it could hit a new all-time high in 2024. The halving is an event that occurs every four years, when the reward for mining a bitcoin block is cut in half. This reduces the supply of bitcoin, which can lead to an increase in price.#Bitcoin #Halving

Happy Halving Day everybody! #bitcoin Bitcoin Halving is an event that halves the reward for mining new blocks. This event is programmed to occur automatically every 210,000 blocks, which is roughly every four years. Miner Reward for Block 839,999: 6.25 BTC Miner Reward for Block 840,000 and onwards: 3.125 BTC The total fee to mine block no. 840,000 was whooping 37 BTC as you can see in the picture below. To put this in context, this fee was roughly 1 BTC before the event. What do you think is the reason? :)

Bitcoin halving expected on April 20, but what does it mean?🤔🤔 Halving refers to a technical event that occurs about every four years or so. As part of bitcoin’s code, after every 210,000 blocks are added to the chain, the mining reward is cut in half. This was done to slow down the pace at which supply of bitcoin can be added to circulation. The number of bitcoins that will ever be created is capped at 21 million, as a way to mimic finite resources like gold. The next halving event is expected to take place 20th April, when the mining reward is set to be cut to 3.125 bitcoins. #bitcoin #bitcoinhalving #bitcoinhalving2024