Day: December 4, 2024

Fed Chair Jerome Powell Is Correct: Bitcoin Is In Competition With Gold, Not The Dollar

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Follow Nikolaus On 𝕏 Here For Daily Posts Today, the Chairman of the Federal Reserve, Jerome Powell, said in an exclusive interview with CNBC that Bitcoin is in competition with gold, not the U.S. dollar. BREAKING: đŸ‡ș🇾 Fed Chair Jerome Powell says #Bitcoin is a competitor to gold, not the US dollar. pic.twitter.com/YQHFiThTBo — Bitcoin Magazine (@BitcoinMagazine) December 4, 2024 “People use bitcoin as a speculative asset — it’s like gold,” Powell said. “It’s just like gold, only it’s virtual, it’s digital. People are not using it as a form…

Bitcoin Developers Move to Gauge Consensus on Covenants Soft Forks

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A small, but significant development in Bitcoin’s much-debated decentralized consensus process is taking place, with some developers moving to publicly gauge sentiment of warring soft fork proposals that would augment the software rule set. Follow Rizzo on X. https://x.com/pete_rizzo_/ More specifically, the effort began today with the creation of a page on the Bitcoin Wiki website called “Covenants Support,” whereon the network’s pseudonymous developers are able to attest as to their interest in no less than nine proposals, with a six option rating system. The effort is not affiliated with…

Heat Your Home While Earning Bitcoin With Heatbit

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Company Name: Heatbit Founder: Alex Busarov Date Founded: April 2020 Location of Headquarters: Remote Number of Employees: 25 Website: https://heatbit.com/ Public or Private? Private In early 2020, Alex Busarov was stuck in his Shanghai apartment during COVID. To quell his boredom, he ordered an Antminer S9, a Bitcoin mining machine, to toy around with. After plugging it in, he quickly learned two things: Bitcoin miners are noisy and they run hot. While Busarov saw the prior byproduct as an annoyance, he viewed the latter as an opportunity. Fast-forward to the…

Unlock the Future of Decentralized AI Computing

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MeshChain Airdrop: Unlock the Future of Decentralized AI Computing As artificial intelligence (AI) continues to transform industries worldwide, the demand for scalable, affordable, and secure computing power has never been greater. Aiming to address these challenges, MeshChain emerges as a cutting-edge platform connecting global resources to democratize AI innovation. With the MeshChain Airdrop, participants have a unique opportunity to engage with this groundbreaking ecosystem and benefit from its offerings. What is MeshChain? MeshChain is a decentralized network that brings together unused computing resources to support AI tasks, from training complex…