Tag: bitcoin
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Bitcoin Mining Flips the Energy Script: Over Half Now Powered by Renewables — And Big Tech Is Following the Playbook
The narrative that’s been weaponized against Bitcoin for years just lost its foundation. According to data published by TheEnergyMag, renewable energy sources now account for 52.4% of all electricity consumed by Bitcoin mining worldwide. That includes hydropower, nuclear, and wind energy — meaning more than half of the computational power securing the Bitcoin network runs on clean or low-carbon…
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20 Million Bitcoin Mined: Only 5% of the Supply Remains — And It’ll Take Over a Century to Unlock
A quiet milestone just reshaped the math underpinning the entire altcoin ecosystem. The total number of mined Bitcoin has officially crossed 20,000,000 BTC. That leaves just 1,000,000 BTC — a mere 5% of the maximum supply — still waiting to be mined. And here’s the part that makes this truly extraordinary: that final million won’t enter circulation quickly. It…
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Bitchat Emerges as Digital Freedom Messenger: Jack Dorsey-Backed Decentralized App Gains Traction During Censorship and Internet Shutdowns
Bitchat, a decentralized messaging application developed with involvement from Jack Dorsey—former Twitter CEO and prominent Bitcoin advocate—has rapidly emerged as essential communication infrastructure during periods of internet censorship, political suppression, and government-imposed communication blackouts. The application has experienced explosive adoption growth across multiple countries facing internet shutdowns during elections, political protests, natural disasters, and authoritarian crackdowns—positioning…
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BlackRock Executive: Bitcoin Primarily Functions as Capital Preservation Asset, Not Global Payment System
Robert Mitchnick , head of digital assets at **BlackRock **, has articulated an important reassessment of Bitcoin’s role and utility, positioning the flagship altcoin primarily as a capital-preservation tool and store of value rather than a functional global payment network. Mitchnick’s analysis, informed by BlackRock’s position managing over $10 trillion in assets, provides institutional perspective on Bitcoin’s evolution and…