Mining is very common, especially in China. Mining is mostly done with GPU (graphics cards) or specialized devices (ASIC). The picture shows a GPU mining farm.

The Bitcoin hashrate fell by more than 35% within a few days. According to Core Scientific, this slump was due to the end of the rainy season in Sichuan, China.

Bitcoin hashrate slump due to the end of the rainy season

In China, Bitcoin Superstar is operated in areas with cheap hydropower. During the rainy season, from June to October, the dams are full and there is a healthy supply of electricity. During this time, the Bitcoin miners are working at full speed and can fall back on cheaper electricity prices.

However, when the rain in the region subsides, bitcoin mining will become far less profitable as prices triple or quadruple, according to Tarak Kulyk, senior vice president of blockchain business development at Core Scientific. Kulyk said in an interview:

The weather is a major profit driver for many Chinese miners as they can buy old equipment cheaply but can only be profitable for five months a year.

Bitcoin’s hashrate is a measure of the collective computing power of BTC miners. Ingo Fiedler, co-founder of the Blockchain Research Lab, said the following:

Since Bitcoin mining is energy-intensive, miners look for where the energy is cheapest. As soon as energy prices change, for example because of the rainy season in China, the miners move.

In other words, when BTC miners move, they are offline and therefore unable to contribute to the Bitcoin hashrate.

Moving to North America?

In other countries where Bitcoin is mined, environmental factors do not necessarily play such a big role compared to China.

As a result of this relative instability, some Chinese miners are eager to relocate their operations. „Core Scientific is working with several Chinese players to move part of their fleet to North America as our performance is stable and does not change significantly over the course of the year,“ said Kulyk.

In the United States, Bitcoin miners also benefit from more stable regulatory policies, according to Kulyk.

Regulatory policies are far more stable in North America and can accelerate the digital asset space as changing attitudes about digital asset mining and the sector are a national security priority.

Over the course of 2020, China’s dominance in Bitcoin mining has waned somewhat, although it still controls a sizable chunk of Bitcoin’s hashrate. The local mining industry has been partially restricted by the authorities. Access to subsidized electricity was blocked in some regions after a report found that Bitcoin mining „has nothing to do with the real economy“.

Bitcoin Difficulty Adjustment will help

So there is currently no need to worry about the security of Bitcoin. The hashrate is still extremely high and secures the network sufficiently. However, it must currently be expected that Bitcoin blocks will now be found more slowly because the difficulty has not yet adjusted. This can currently lead to higher transaction fees and longer waiting times.

As soon as the difficulty has adjusted, this will also motivate other miners to get into Bitcoin mining. The game theory behind Bitcoin still works excellently. In addition, the hashrate should normalize again after the miners have moved.

Cena bitcoina wzrosła z 12920 USD do 13600 USD w godzinach po oświadczeniu Europejskiego Banku Centralnego i optymistycznych danych o zatrudnieniu z USA

Cena Bitcoina ( BTC ) wzrosła z 12920 USD do 13600 USD w ciągu czterech godzin, odnotowując wzrost o 5%. Trend wzrostowy zbiega się z pozytywnymi wydarzeniami z Europejskiego Banku Centralnego (EBC) i optymistycznymi danymi o zatrudnieniu ze Stanów Zjednoczonych.

Czynniki makro sprzyjają wzrostowi bitcoinów

Przez ostatni tydzień Bitcoin Revolution stale rosło pomimo negatywnych czynników makro. Giełda w USA gwałtownie spadała, a liczba przypadków COVID-19 w USA i Europie gwałtownie wzrosła.

Postrzeganie Bitcoina jako bezpiecznej przystani wyraźnie się wzmacnia ze względu na wzrost popytu instytucjonalnego. Ale kiedy aktywa obarczone ryzykiem, takie jak akcje, spadają, mogą wywierać pośrednią presję na BTC.

W związku z tym, gdy notowania giełdowe rosną, a aktywa obarczone ryzykiem kwitną, krótkoterminowe perspektywy ceny bitcoina ulegają poprawie.

29 października miało miejsce kilka wydarzeń, które spowodowały wzrost aktywów obciążonych ryzykiem. Po pierwsze, EBC zapowiedział, że może zabiegać o nowy pakiet stymulacyjny w grudniu. Po drugie, dane dotyczące zatrudnienia w USA odzwierciedlały najniższe tygodniowe roszczenia od początku pandemii koronawirusa.

Drugi pakiet stymulacyjny w Europie osiąga dwie rzeczy. Po pierwsze, znacznie zwiększyłby apetyt na aktywa obarczone ryzykiem w Europie. Jednocześnie wywarłoby to presję na Stany Zjednoczone, aby zawarły tak bardzo potrzebną umowę stymulacyjną.

Odkąd prezydent USA Donald Trump jasno określił swoje stanowisko, że pakiet stymulacyjny pojawi się po wyborach, stawia to USA do grudniowego porozumienia stymulacyjnego

EBC zapowiedział, że rozważy wszystkie możliwości zapewnienia stabilności gospodarki. Jest to korzystne dla Bitcoina, złota i akcji, o czym świadczy cena BTC. EBC powiedział :

„Rada Prezesów dokładnie oceni napływające informacje, w tym dynamikę pandemii, perspektywy wprowadzenia szczepionek i zmiany kursu wymiany”.

Christine Lagarde, prezes EBC, podkreśliła również, że instytucja zareagowała szybko, gdy uderzyła pierwsza fala COVID-19. Sugerując, że może nadejść druga umowa stymulacyjna, powiedziała:

„Robiliśmy to w przeszłości: zareagowaliśmy bardzo szybko, bardzo właściwie, bardzo ostro, jak niektórzy twierdzą, na pierwszą falę, która uderzyła w gospodarki strefy euro. Zrobiliśmy to dla pierwszej fali; zrobimy to ponownie w drugiej fali ”.

A message to all Bitcoiners: Attention! There are scammers active that are targeting your Bitcoin (BTC).

There are emails going around that look like they’re from Ledger, but that’s not the case at all.
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Ledger phishing mail

In the past few days, tig mails have been sent from the email address info@ledgersupport.io. But make no mistake, this has nothing to do with the ‚real‘ Ledger. They are scammers that want to take down your Bitcoin.

Ledger is known for their hardware wallets. The Nano S and Nano X are among the most widely used wallets in the world. The French company also has a large customer base. But at the end of July it went wrong and hackers got their hands on it.

The swindlers are very smart with their recent fake phishing emails. They say that ‚your cryptocurrency is at risk‘ and that you therefore need to take action. But as soon as you click the button in the mail it goes wrong.

BE WARNED: DON’T CLICK ON LINKS IN THESE EMAILS. Ledger Live has no known data breaches and it will go wrong as soon as you follow the instructions in the mail.

Bitcoin scam

As soon as you click on this link you will be taken to the website ledgėr.com, and you can already see it: the webpage has a small change compared to Ledger (namely ė instead of e). In this way they fool you.

Note: Ledger can’t know if someone’s Bitcoin is in danger. You own the private keys and if you keep the hardware wallet safe and don’t do anything with it, your Bitcoin is safe anyway. As soon as you connect the device to Ledger Live or to the internet, the scammers can only strike.

At the end of July, the hackers captured more than 1 million e-mail addresses and leaked the personal data of another 9500 people. It is very likely that they are trying to strike the now with this action.

So the motto for everyone is: never just fill in the seed phrase or private key. Not on websites, but also not on software that has just been updated. Also don’t just click through from emails in order to – in all haste – walk straight into the hands of the scammers.

Partout, les amateurs de cryptographie remettent constamment en question l’idée que les bitcoins et les cryptocurrences sont utilisés pour financer des groupes terroristes et s’engager dans des programmes illicites. Ils aimeraient penser que, dans l’avenir, la plupart des personnes qui utilisent des devises numériques le font dans un but noble, de sorte que, chaque fois qu’il s’avère qu’il y a de mauvais acteurs qui cherchent à utiliser les bitcoins pour des gains illégaux, les données peuvent être un peu décevantes.

Le bitcoin a toujours un côté sombre

C’est la dernière nouvelle en provenance de France, qui, au moment où nous écrivons ces lignes, a arrêté environ 29 individus qui ont été accusés d’utiliser des bitcoins et des Ethereum Code pour financer un groupe terroriste djihadiste. L’organisation était basée en Syrie selon un bureau du procureur, et il y a toujours deux hommes en liberté qui sont censés diriger l’organisation. Il s’agit de deux hommes de 25 ans qui se font appeler Mesut S. et Walid F.

Les deux hommes seraient en Syrie depuis 2013. Ils sont soupçonnés d’être membres de l’organisation Hayat Tahrir Al-Sham, qui est largement associée à Al-Qaida. Initialement, ils ont tous deux été accusés et reconnus coupables en France, mais n’ont pu être retrouvés à l’intérieur des frontières du pays, et ont donc été condamnés – par contumace – à dix ans de prison chacun.

Les quelque 29 personnes qui ont été inculpées en France sont toutes âgées de 22 à 66 ans. Alors que beaucoup sont simplement accusées d’avoir fait parvenir de l’argent aux extrémistes, deux d’entre elles – qui, au moment de mettre sous presse, ne sont pas nommées – auraient joué un rôle majeur dans le financement de l’organisation et seraient des leaders de l’organisation terroriste.

Le ministère français de l’économie est le groupe qui a mis au jour le complot visant à financer le groupe. Une équipe spéciale appartenant au ministère, connue sous le nom de Tracfin, est à l’origine de cette découverte. Tracfin est largement responsable de la mise au jour des schémas de blanchiment d’argent et des activités frauduleuses.

Une approche plus technique

Pour l’essentiel, l’argent liquide est encore largement utilisé pour financer les groupes terroristes, car il reste largement anonyme et difficile à suivre, même si, au cours des sept dernières années, les choses ont pris une tournure plus compliquée, et que l’on pense toujours que le bitcoin – bien que pas complètement – donne aux terroristes un certain niveau de sécurité. Souvent, plusieurs transactions ont lieu en même temps, avec différentes formes de monnaie envoyées à plusieurs adresses. Cela les rend plus difficiles à suivre et permet aux mauvais acteurs de s’en sortir.

L’enquête sur l’organisation actuelle a été ouverte pour la première fois au début du mois de janvier de cette année. On pense que l’organisation pourrait être active depuis le début de l’année 2019. Plusieurs des personnes prétendument impliquées dans le système ont acheté des coupons de crypto d’une valeur de 11 à 165 dollars. Ils ont ensuite été envoyés à des djihadistes qui ont converti l’argent et l’ont utilisé pour développer l’opération.

O empresário e autor popular Jeff Booth previu um futuro sombrio para as moedas fiduciárias, esperando que elas falhassem, já que os bancos centrais continuam imprimindo dinheiro. Prevendo uma inevitável e severa depressão e falha bancária, ele acredita que o bitcoin se tornará a moeda de reserva mundial e todas as moedas nacionais estarão atreladas a ela.

O bitcoin ‚Altamente Provável‘ se tornará a moeda de reserva

O autor de „The Price of Tomorrow“ (O preço do amanhã): Por que a Deflação é a Chave para um Futuro Abundante“, Jeff Booth, defende que o bitcoin se tornará a moeda de reserva mundial e todas as moedas nacionais serão eventualmente atreladas ao bitcoin. Booth publicou seu livro em janeiro, detalhando por que estamos prestes a um reajuste financeiro e uma nova estrutura econômica. O empresário também fundou a empresa de tecnologia baseada no Canadá Builddirect, um mercado online para produtos de melhoria doméstica.

Em uma entrevista com a Cambridge House International, publicada na semana passada, ele discutiu a situação econômica atual e por que ele está mais em alta sobre o Bitcoin Revolution do que qualquer outra classe de ativos. Ele começou explicando as conseqüências do que a Reserva Federal está fazendo neste momento. „Toda a impressão está indo diretamente para os preços dos ativos e está sendo roubada da grande economia“, descreveu ele. „O que vem a seguir é MMT, dinheiro de helicóptero, e tudo mais. E assim que o Fed perder sua credibilidade, então todas as apostas estão fora da inflação, então o Tesouro essencialmente se tornará o Fed e imprimirá dinheiro e poderá distribuir esse dinheiro para [a] população, e então você vai perder moedas em todo o mundo“.

Além disso, Booth prevê que „as taxas de juros vão continuar a cair até que as moedas falhem“, enfatizando que os bancos centrais estão mantendo artificialmente as taxas de juros baixas. O Federal Reserve se comprometeu recentemente a manter as taxas de juros perto de zero por vários anos, depois de ter anunciado uma mudança de política para aumentar a inflação.

Para preservar a riqueza neste ambiente, Booth diversificou e advertiu contra colocar toda a riqueza em uma única classe de ativos. Embora tenha tanto ouro quanto bitcoin em sua carteira de investimentos, ele afirmou: „Eu estou muito mais em alta no bitcoin por uma variedade de razões. Acho que poderia ser o novo ouro … o bitcoin funciona em um efeito de rede“. O autor popular elaborou:

[Bitcoin] deve continuar crescendo e eu acho que um dia outras moedas serão vinculadas ao bitcoin … Eu acho que é altamente provável que o bitcoin se torne a moeda reserva.

Ele observou que „o ouro é valorizado onde é exatamente pela mesma crença de que será atrelado às moedas“, afirmando que o bitcoin é uma aposta muito melhor do que o ouro, e mais importante, a carteira de todos „deve“ incluir o bitcoin. Além disso, „quando as moedas quebram e a segurança se torna um problema, a portabilidade do ouro é realmente difícil“, advertiu ele, acrescentando que „a portabilidade apenas do bitcoin por razões de segurança se torna primordial“.

Quando perguntado sobre o maior desafio que a bitcoin enfrenta, ele disse que as proibições governamentais são a preocupação número um. No entanto, ele expressou: „Eu vejo isso como uma probabilidade muito baixa … por causa da teoria dos jogos. Portanto, em um mundo competitivo onde cada região precisa atrair pessoas ricas, empresas“. Se as regiões a proíbem, outras regiões a aceitam mais rapidamente“. Ele destacou que se um país tentar parar o bitcoin, „ele cria mais um incentivo para que outros países o aceitem e construam regras em torno dele“, apontando a Suíça como um exemplo.

Booth também compartilhou sua visão sobre o futuro do mercado de ações. „O mercado de ações está em alvoroço. Você se sente como se estivesse prestes a entrar em colapso e isso está tudo em torno de um estímulo. Sem mais estímulo, espere uma espiral descendente … se o estímulo parasse essa espiral descendente levaria as ações para baixo 80%“, opinou o autor. Entretanto, ele acredita firmemente que os governos não deixarão isso acontecer e imprimirão sua saída a fim de evitar isso.

Enquanto seu livro destaca uma perspectiva mais otimista desde que ele o escreveu pouco antes da crise do coronavírus, Booth vê agora um futuro mais triste, uma vez que as tendências foram aceleradas pela pandemia da covida-19. „Ele acelerou a flexibilização monetária e agora não há uma saída sem uma depressão grave e falha bancária“, opinou Booth, acrescentando:

Bitcoin se torna uma escolha muito boa para proteger a riqueza e o que está acontecendo porque não pode ser confiscado… Acho que o bitcoin subirá, em grande parte, como um tema macro.