📡 Bitcoin Mining At Home

The Latest News From Bitcoin Magazine

BROUGHT TO YOU BY Bullish Bitcoiners! It's Monday so get your coffee ready, stack some sats and sit down for your daily dose of Bitcoin signal! The Infrastructure Bill is at a standstill thanks to the Senate arguing about how they are going to vote. The process of proposing an amendment to a bill is quite complex and the latest news is that the Senate will vote on the bill sometime between now and Wednesday. There's not much you can do except keep hammering your Senator. Demand they remove the crypto language from the Infrastructure Bill, it's about damage control at this point. Did you know number go up? Today's Rundown: Mining At Home: The benefits of mining at home. Bitcoin Task Force:  Bitcoiners joining the political field The Struggles: The path & struggles of understanding bitcoin Let's do this. JOIN US ON SPACES TODAY MINING AT HOME WHY (AND HOW) YOU CAN MINE AT HOME By Econoalchemist  Recent events in the Bitcoin mining industry demonstrate that mining non-KYC bitcoin at home is a viable option for many. Here's how. You know you've considered mining at home but maybe don't know where to begin. Econoalchemist but together a fantastic intro to mining that covers the basics: Should I mine bitcoin at home? How should I start? Why would I mine at home? Econoalchemist shares a historical timeline of bitcoin mining and modeled several scenarios that show why mining at home might be a better outcome than stacking on an exchange.  "Bitcoin is supposed to help a person develop a low time preference, and I think that successful miners understand this concept well." - Econoalchemist Read More → BITCOIN TASK FORCE The Bitcoin Honey Badger Voting Bloc  By Bitcoin&Bald The potential voting force of Bitcoiners should not be underestimated by those looking to the future. As bitcoin grows, governments will create regulations around it. This is the moment where bitcoiners forget about bipartisanism and political affiliation, we must act together as an "Orange Party".  There's a need for proper regulation and not "uninformed regulation". Bitcoiners can help by approaching their local representatives and making their voices heard. Bitcoiners have spent thousands of hours on education around the topic and since we might not expect the same from our representatives, it is time to get involved. Here's how: Call Email Letters Twitter Everything Constantly ""Bitcoin" needs to act like a honey badger, not just in the monetary and network arenas but also in the political field of battle." - Bitcoin&Bald Read More → THE DAILY BITS Click the links: 1. Veteran Bitcoin mining Kristy-Leigh Minehan discussed early Bitcoin mining players and what inventors should expect when launching a farm. 2. Sphere 3D will reportedly have the right to assume Hertford's bitcoin mining agreements through six months. 3. Bitcoin offers the chance for us to truly learn and understand money on a level that people have not yet experienced. 4. The Market Disruptors podcast secured a deal with iHeartRadio to broadcast the first Bitcoin radio show in the U.S. 5. Hong-Kong based Bitfinex has launched a new "SAT Mode" feature on its exchange platform. 6. Shares of publicly-traded bitcoin mining companies continue to outperform, with many of them up big this week. 7. "I think Bitcoin is the future. It's definitely going to be long term, but in ten years' time, people who invested will be laughing. Just look at how money is inflationary, compared to Bitcoin, which isn't." - KSI THE STRUGGLE Why People Struggle With Bitcoin By Nick Beaird As it turns out, the biggest blocker in understanding Bitcoin might be ourselves. The path of understanding bitcoin might be unfamiliar to the majority. From a distance, Bitcoin is a speculative and extremely volatile asset and it's history seems too good to be true. Most of us dismiss it at first glance. That all changes when the individual decides to give himself time for understanding the topic. When there's enough curiosity it's hard not to fall down the bitcoin rabbit hole. Nick Beaird describes the process in 4 main milestones which convert a person from no-coiner to bitcoiner: Disbelief Discovery Conviction Understanding "In the conviction phase, curiosity acts as the soil for growth and grit as the irrigation, pushing the individual into a conviction-deepening state by studying Bitcoin and its multidisciplinary properties." - Nick Beaird Read More → SPONSORED BY DEEP DIVE MEME OF THE DAY By Bitcoin Magazine From the distance, it is hard to understand and digest why bitcoin is a net positive for the world. But once you get closer, and allow yourselves to be curious enough to take and eat an apple of truth and to do a deep dive on the topic, you'll find out the true potential. The truth is that it is still early. Keep stacking! GIVEAWAY We're excited to be celebrating our 10th Twitter Anniversary in August by giving away 10 Bitcoin2022 Conference Tickets. The giveaway will start Sunday, August 1st at 12:00PM EST and run until August 31st at 12:00PM EST. The winner will be contacted by email on Wednesday, September 1st. To enter, go to: http://www.rafflecopter.com/rafl/display/b28baf753/ Enter Giveaway → Received this newsletter from a friend? Sign up to get the best of Bitcoin delivered straight to your inbox. HEY, WE'RE HIRING! Today's email was brought to you with ♥ by Bam and Joe. Keep on reading, keep on stacking. PODCAST   JOBS   SHOP Copyright © 2021 BTC Media, All rights reserved. You are receiving this email because you opted in via our website. Our mailing address is: BTC Media 438 Houston Street Nashville, TN 37203 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.