Bitcoin

https://www.reddit.com/r/Bitcoin/comments/1lx7oaz/this_aged_well/

Bitcoin breaks $109K for a new all time high.

https://www.msn.com/en-us/money/markets/bitcoin-hits-new-price-highs-as-crypto-industry-scores-wins/ar-AA1Fdost

@bitcoin #bitcoin

Since Bitcoin's inception in 2009, the amount of energy required to mine has always been less than the amount of Bitcoin you got for mining. But that was never going to last; there was a limit of 21 million possible Bitcoins baked into the system from the jump, and the rate of new coins mined has gotten slimmer as competition has increased, making the economics worse and worse over time.

These days, one Bitcoin trades for around $94,000, but costs about $137,000 in electricity for small-scale operations to mine, making new coins an economic liability for all but the largest players. For those whales, Gizmodo estimates the most optimal cost for mining a bitcoin at around $82,000 — slim margins which are shrinking fast.

Right now, the top 8 percent of crypto wallets own a little under 99 percent of all Bitcoin in circulation. Zooming in even farther, we see that the top 1 percent of crypto wallets control over 90 percent — so much for all that decentralization that Bitcoin was supposed to represent.

https://www.barrons.com/articles/microstrategy-stock-price-bitcoin-coinbase-770d8cf8

Oh no. Mstr and Bitcoin are both dead, again.

@bitcoin

#bitcoin

A comprehensive guide on how to set up a highly available LND cluster with floating IP address, including benchmarks for various combinations of storage backends, and scripts to automatically set up most of the environment.

Anyone activate this yet? Is this a River only feature or a broader feature?

Michael Saylor, co-founder and chairman of business intelligence firm MicroStrategy, has unveiled a comprehensive crypto framework aimed at further integrating Bitcoin and other digital assets into the US economy.

https://www.michael.com/digital-assets-framework

Once widely derided as a speculative asset with no intrinsic value, Bitcoin is being taken increasingly seriously by governments, financial institutions and investors alike.

A computer scientist has been found to have committed contempt of court for falsely and persistently claiming to be the mysterious inventor of Bitcoin, Satoshi Nakamoto.

In March, the High Court ruled Craig Wright was not Satoshi, and ordered him to stop claiming he was.

However, he continued to launch legal cases asserting he had intellectual property rights to Bitcoin, including a claim he was owed $1.2 trillion (£911 billion).

A judge said that amounted to a "flagrant breach" of the original court order and sentenced him to 12 months in prison, suspended for two years.

Good article that goes into detail how hackers accomplished social engineering that lead to multimillion dollar Bitcoin hack.

Does anyone have experience with Proton Wallet yet? What are the pros and considered you've seen? What's your use case for storing bitcoin there?

This Week in Bitcoin is a very informative podcast on the latest news impacting bitcoin. Check it out!

Boom!

Price of Bitcoin just broke Eighty Thousand US Dollars at Kraken, a new all time high.

The most notable changes:

• bitcoind used to listen on 127.0.0.1:8334 by default. If you use Tor for incoming connections, you have to manually specify bind=127.0.0.1:8334=onion in config
• unix sockets can now be used to communicate with Tor or other proxy, and MQ traffic.
• New mempool policies has been implemented to patch some attack vectors for chains of unconfirmed transactions, especially in relation to lightning network channels and similar contracts.
• TRUC (Topologically Restricted Until Confirmation, BIP 431) can now be used with transaction version 3 (now considered standard) instead of RBF.
• Full RBF (Replace By Fee) is now enabled by default
• RHEL 8 and Ubuntu 18.04 are now unsupported due to minimum required glibc version bump.

The bill, known as the Digital Assets Authorization Act, was passed by a 176-26 vote.

The legislation offers regulatory clarity at a time when federal regulations on digital assets are scant. While former president Donald Trump has promised to transform the United States into the "crypto capital of the planet," his vision is short on details.

MARA's process captures gas that would have been flared, generating carbon credits