| | | BROUGHT TO YOU BY |  | Humble Bitcoiners!
It is Wednesday; get your coffee ready, stack some sats, and sit down for your daily dose of Bitcoin signal!
P.S. We're giving away Bitcoin 2022 tickets, check out the giveaway at the bottom for details. | | Today's Rundown: - Follow The Orange Rabbit. A cosmic conversation with maximalists.
- Run Your Own Node. Six reasons why you should run your own node.
- More Power. Stronghold acquires second power plant; potential for mining.
- Increasing Exposure. Wells Fargo offers Bitcoin exposure to wealthy clients
- Back To School. Teaching your kids about bitcoin.
Let's do this. | | | BITCOIN MAGAZINE'S TWITTER SPACES | | Six Reasons Why You Should Run Your Own Bitcoin Node
By Arman The Parman Here's why it's necessary to participate in the Bitcoin Core network of nodes, for six simple reasons.
So, you are starting your journey into financial freedom and sovereignty with bitcoin, and you cleared the first steps: Get some bitcoin, hold your own keys. The next step is to help maintain a healthy bitcoin network by running your own node. The author describes in a simple way, what is a node, how does it help the network, and why is it necessary to participate in six simple reasons.
The TLDR: 6 reasons to run your own node: - Privacy.
- Confirm trustlessly you receive real bitcoin.
- Defend the Bitcoin rules - scarcity, blocksize.
- Faster propagation of transactions.
- Being an "Uncle Jim"
- Coolness factor and street cred.
This is part of being your own bank! | | Bitcoin Miner Stronghold Acquires Second Power Plant, Could Double Capacity
By Namcios Stronghold Digital Mining, a bitcoin miner powered by coal waste, has acquired a second coal refuse site in Pennsylvania with an 80 MW capacity.
Stronghold has confirmed they are acquiring a second coal refuse site in Pennsylvania, and are negotiating to obtain a third facility. The new capacity amounts to 80 MW, which could double the current mining capacity of the company.
The company's business model is focused on converting coal waste directly into value through bitcoin.
"By converting the waste coal into power to mine bitcoin, Stronghold has sought to restore the usability of geographical areas that AMD had previously damaged." - Namcios
Yet again, the free market is finding economically sustainable solutions to pollution problems, while creating wealth and generating value for the local society. | | Your daily dose of signal:
1. US lawmakers are moving to deny that provisions in a proposed $1 trillion infrastructure bill are intended to be as broad as interpreted by Bitcoin policy groups.
2. July's bitcoin market; a look at the supply changes, exchange activity, futures trading and more indicators.
3. Pleb.Hodl, Bull Bitcoin's new head of marketing, discussed his rabbit hole journey and the importance of welcoming precoiners.
4. Public Canadian mining firm HIVE Blockchain has announced an order of 4,000 Bitcoin mining machines.
5. National fast food chain Quiznos is set to begin accepting bitcoin payments at select locations through a new partnership with Bakkt.
6. CleanBlok, the company's bitcoin mining division, currently has 7,500 rigs at 740 PH/s hashrate capacity powered by 95% carbon-free energy.
7. Incoming SEC Chairman Gary Gensler issued new comments about Bitcoin Tuesday, at times drawing a dividing line between the market's largest cryptocurrency and its imitators.
8. Aleks Svetski discussed his "Intelligent Guide To Bitcoin" and the misunderstandings about BTC that are often perpetuated.
9. LocalBitcoins, a Peer-to-peer bitcoin exchange, has announced it has cut some fees on the platform to zero. | | WELLS FARGO NOW OFFERS BITCOIN & CRYPTO EXPOSURE TO WEALTHY CLIENTS
By Alex Mcshane Business Insider reports that wealthy Wells Fargo clients can now get Bitcoin & crypto exposure through the bank.
Wells Fargo has started offering bitcoin and other cryptocurrencies exposure to high net worth individuals, meaning annual income higher than $200,000 or a net worth of more than $1 million. If it serves as a reminder, this same company was banning customers from purchasing cryptocurrency back in 2019.
"We think the cryptocurrency space has just kind of hit an evolution and maturation of its development that allows it now to be a viable investable asset." - Darrel Cronk, President of Wells Fargo Investment Institute
The mainstream view on bitcoin has changed, and it is for the better, day by day detractors join a revolution that can't be stopped; bitcoin. | | Back To School With Bitcoin: How To Teach Your Kids About Bitcoin
By Bitcoin Magazine It is that time of the year, the time to go back to school. While in bitcoin, I've realized that the single thing that I can't stop doing, is learning. Bitcoin is a deep rabbit hole ranging from the history of economics to monetary policy, freedom and social studies. As the knowledge grows, so does the desire to share the information.
So let's get ready, educate ourselves and our loved ones. Here, you can find all the recommended material to start your bitcoin journey.
"It is not the destination, it is the journey" - Ralph Waldo Emerson | | By LastCoinStandng
When something is good. People follow.
Keep stacking! | | | 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/ | | Today's email was brought to you by Bam and Joe.
Keep on reading, keep on stacking. | | | | |
0 Comments