Saifedean Ammous, economics professor and author of The Bitcoin Standard, spoke with Bitcoinist in an exclusive interview. He explains why he is encouraging people to ‘pirate’ his book and why he believes central banks want nothing to do with a hard money like bitcoin. - Read more at #Ammous #Banks #Bitcoin #Buying #Central #FarFetched #Idea #Interview #Saifedean #48coins.com #CryptoNews ... It’s no secret that Bitcoin (BTC) Bergbau is an expensive business, and in more ways than one. Not only has it become less profitable since July 2016’s halving of mining rewards to 12.5 BTC, but competition among miners and an increasing hashrate have resulted in ever-higher energy consumption, with all the damage to the environment 12.5 BTC, but Bitcoin was launched by a pseudonymous entity generally known as Satoshi Nakamoto. Even so far, nobody is aware of who precisely that individual or group is or are. Because the very inception of bitcoin, just a few assumptions have are available in mild, proving nothing strong on who Satoshi is. Nonetheless, the Satoshi we traders know is the smallest piece of bitcoin i.e. 0.00000001 ฿. Bitcoin (BTC-USD) hit almost a one-year excessive of $12.1K early Sunday, after which, shortly after, “flash crashed” all the way in which right down to $10.7K within the house of some minutes. At present pixel time, Bitcoin is altering fingers at $11.1K. General News. Binance has announced it has adjusted its systems so the number of block confirmations has been halved for Bitcoin deposits to 1 block confirmation. Withdrawals will take two confirmations. For Ethereum and ERC-20 tokens, 12 block confirmations are now required for deposits and withdrawals – down from the previously required 30 confirmations. Binance $10.87USD (-2.39 percent): Announced Tuesday, the founder behind a $1.4 billion startup unicorn called TMON is revealing he has raised a $32 million seed round backed by Binance, to build a stablecoin called Terra. But while a number of startups have deployed stablecoins – cryptocurrencies engineered to track the price of another asset, usually fiat currency – Terra comes with a ... It’s no secret that Bitcoin (BTC) minedrift is an expensive business, and in more ways than one. Not only has it become less profitable since July 2016’s halving of mining rewards to 12.5 BTC, but competition among miners and an increasing hashrate have resulted in ever-higher energy consumption, with all the damage to the environment 12.5 BTC, but
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