NewsCash App – Adopts Lightning Network for fast and free bitcoin paymentsLegal Defense Fund – Defend developers from lawsuits regarding their activities in the Bitcoin ecosystemSpiral – How Spiral, Jack Dorsey’s rebranded Bitcoin company, is accelerating adoptionMiner (Block) – Block is building an “open bitcoin mining system.” and hiring a core engineering team of system, ASIC, and software designers.Miner (Antminer) – New S19 Pro+ Hyd. is equipped with a hashrate of 198 TH/s and water-cooledMiner (Heater) – The electric heater that earns bitcoin. Preorder for $1,149. Shipping Feb 2022.Miner (Intel) – New Intel chip described as an “ultra-low-voltage energy-efficient Bitcoin mining ASIC” to be announced soonFidelity – Report states that game theory will drive the adoption of bitcoin by countries Brazil – Rio de Janeiro will invest 1% of the city’s treasury into bitcoin. Citizens get a 10% discount when paying taxes in bitcoin.Billionaire – Puts 50% of net worth into bitcoinBlockstream – 2021 year in review: solar-powered mining, volcano bonds, Lightning, $210M Series B @ $3.2B valuation Strike – Launches Tether (USDT) stablecoin support in Argentina; buy/sell/hold bitcoin not live in Argentina yetTurkey – Turks pile into Bitcoin and Tether to escape plunging Lira Inflation – 2021 is expected to rank as the biggest year of inflation in four decadesWeb3 – Most coins underperform bitcoin, returns got worse over time, and VC-backed coins did worst of all for retail investorsPolitics – Candidates are staking out positions on cryptocurrency, scrambling party lines, and fanning fundraising concernsEnergy – Bitcoin Policy Institute published a fact-checking crypto letterVideos of the WeekThe Environmental Impact of Bitcoin (9 min)What is money? (10 min)Tweets of the WeekCash App – Block ($SQ) Cash App announces it’s integrating with Lightning Network -- letting U.S. users send bitcoin globally, for free & instantly – CNBC’s Kate RooneyBitcoin Mining System – In October we announced that we’re considering building a bitcoin mining system, out in the open & alongside the community, and we’ve decided…we’re doing it! We thought we’d share some more details on how our initial discussions are going and where we’re headed next.Images of the WeekCash App – Adopts Lightning Network for fast and free bitcoin paymentsTesla – Now accepts Dogecoin payments for some of its merchandise
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This Week in Bitcoin - Issue #3
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NewsCash App – Adopts Lightning Network for fast and free bitcoin paymentsLegal Defense Fund – Defend developers from lawsuits regarding their activities in the Bitcoin ecosystemSpiral – How Spiral, Jack Dorsey’s rebranded Bitcoin company, is accelerating adoptionMiner (Block) – Block is building an “open bitcoin mining system.” and hiring a core engineering team of system, ASIC, and software designers.Miner (Antminer) – New S19 Pro+ Hyd. is equipped with a hashrate of 198 TH/s and water-cooledMiner (Heater) – The electric heater that earns bitcoin. Preorder for $1,149. Shipping Feb 2022.Miner (Intel) – New Intel chip described as an “ultra-low-voltage energy-efficient Bitcoin mining ASIC” to be announced soonFidelity – Report states that game theory will drive the adoption of bitcoin by countries Brazil – Rio de Janeiro will invest 1% of the city’s treasury into bitcoin. Citizens get a 10% discount when paying taxes in bitcoin.Billionaire – Puts 50% of net worth into bitcoinBlockstream – 2021 year in review: solar-powered mining, volcano bonds, Lightning, $210M Series B @ $3.2B valuation Strike – Launches Tether (USDT) stablecoin support in Argentina; buy/sell/hold bitcoin not live in Argentina yetTurkey – Turks pile into Bitcoin and Tether to escape plunging Lira Inflation – 2021 is expected to rank as the biggest year of inflation in four decadesWeb3 – Most coins underperform bitcoin, returns got worse over time, and VC-backed coins did worst of all for retail investorsPolitics – Candidates are staking out positions on cryptocurrency, scrambling party lines, and fanning fundraising concernsEnergy – Bitcoin Policy Institute published a fact-checking crypto letterVideos of the WeekThe Environmental Impact of Bitcoin (9 min)What is money? (10 min)Tweets of the WeekCash App – Block ($SQ) Cash App announces it’s integrating with Lightning Network -- letting U.S. users send bitcoin globally, for free & instantly – CNBC’s Kate RooneyBitcoin Mining System – In October we announced that we’re considering building a bitcoin mining system, out in the open & alongside the community, and we’ve decided…we’re doing it! We thought we’d share some more details on how our initial discussions are going and where we’re headed next.Images of the WeekCash App – Adopts Lightning Network for fast and free bitcoin paymentsTesla – Now accepts Dogecoin payments for some of its merchandise