Tag: Bitcoin Magazine
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Chapters
The end of one chapter is the start of another. This week, a significant chapter at BM closed with the departure of a valued colleague. It’s always hard to lose a partner, especially someone you collaborate with so closely. We’ll look back on this period and appreciate the moments we shared. Each magazine we produced…
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Then They Fight You
All great revolutions encounter resistance as social change moves its way through the people. This can happen gradually then suddenly, but resistance will be there. People do not easily change their world views. We (Americans) are about to experience the next chapter in the great monetary war, by way of a Bitcoin ETF approval. This…
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Hash Recon
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This article was originally published in The Primary Issue of Bitcoin Magazine. We’re less than 30,000 blocks out from the halvening and the table stakes couldn’t be higher. For many Bitcoin mining operators, this will make or break the bets they’ve made during this bitcoin epoch. Did I grow too fast? Can I handle a catastrophic drop…
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The Pursuit Of Satsflow
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This article was originally published in The Withdrawal Issue of Bitcoin Magazine. This article is written as of block height 789,088, using a BTC price of $30,000, and $0.065 kWh for the modeling. The number one question everyone inevitably asks themselves is: How could I possibly outperform bitcoin? You will not find a single answer,…
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Demystifying Hashprice
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This article was originally published in The Gatekeepers Issue of Bitcoin Magazine. “There’s things you know, and there’s things you don’t know, and there’s things you know you don’t know, and there’s things you don’t know you don’t know” – Socrates The most important bitcoin metric you don’t know or understand is hashprice and today…
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Building Blocks
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This article was originally published in The Broke Issue of Bitcoin Magazine. Welcome to Bitcoin, a peer-to-peer electronic cash system that prevents double-spending with a decentralized network where new coins are made from proof-of-work without a centralized mint or trusted third parties. This guide helps you discover how miners build blocks for the Bitcoin blockchain,…
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Hashing The High
This article was originally published in The Orange Party Issue of Bitcoin Magazine. “Hashing the High” offered a fascinating glimpse into Bitcoin’s hashrate during its peak in 2022. The infographic aimed to visualize the hashrate by measuring the energy consumption of the entire network if it relied solely on Bitmain Antminer S19j Pro 100T ASICs.…