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cover of episode Dubai: Crypto & Coffee at 8: 🚨01st Sep 🚨- 🏄‍♀️ Bitcoin Beach receives $203 Million 🛠️ #BTC mining is on the verge of a new all-time high of 231 Exahash 📉 Global Cryptomarket below $1Trillion

Dubai: Crypto & Coffee at 8: 🚨01st Sep 🚨- 🏄‍♀️ Bitcoin Beach receives $203 Million 🛠️ #BTC mining is on the verge of a new all-time high of 231 Exahash 📉 Global Cryptomarket below $1Trillion

2022/9/1
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Blockchain DXB

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Shownotes Transcript

01st Sep

🏄‍♀️ Bitcoin Beach receives $203 Million 🛠️ #BTC mining is on the verge of a new all-time high of 231 Exahash

📉 Global Cryptomarket > $1T, See slides 1 & 2

🌊🏄🏼El Salvador. Surf City Bitcoin beach receives $203 Million in infrastructure investments Official news via President of El Salvador & Bitcoin enthusiasts Nayib Bukele info here https://bit.ly/3wIAWUq would be cool to see this in Metaverse soon

👀Left-wing leaning Congressman Raja Krishnamoorthi has addressed a letter to Brian Shroder, CEO of Binance.US to review all Binance US files related to consumer safety. Letter ->https://bit.ly/3B0K5u5 In the letter he has shown strong concern about the growth of fraud and consumer abuse linked to cryptocurrencies & has requested documents by the 12th of Sep.

🔴🔵Which side of a political party is in favour of Bitcoin, Opensource, Freedom & Cryptocurrency?

USA

✅Right Wing (Republican)

❌Left Wing (Democrats)

UK

✅Right Wing (Conservative)

❌Left Wing (Labor Party)

India

✅Right Wing ( BJP)

❌Left Wing (Congress)

⚫Is Bitcoin Apolitical? In theory yes but in reality, politicians, for now, do have a massive impact on Bitcoin & Cryptocurrencies. Maybe once we achieve A separation of Money & the state. Eleanor Terrett journalist at Fox Business Network has mentioned via Twitter that Gary Gensler will be testifying in front of the United States Senate Committee on Banking, Housing, and Urban Affairs on September 15th Her tweet here https://bit.ly/3e6muiC would be interesting to hear any questions on cryptocurrency & maybe about FedNow project.

👁️Bitcoin mining is on the verge of a new all-time high of 231 Exahash. You can track the details here https://bit.ly/3ACMPMP As a rule The more hashing (computing) power in the network, the greater it’s security and overall resistance to attack. But is so much security ideal for the Bitcoin blockchain network?

⚒️The mining difficulty jumped 9.26% higher, recording the second highest difficulty rise in 2022 & and it’s now 11.63% harder to find a bitcoin block reward. You can see the change in block height of 751,968, Bitcoin.com states that Currently, the difficulty is 30.98 trillion, which is only 0.27 below the network difficulty’s all-time high (ATH) at 31.25 trillion on May 10, 2022 Article here https://bit.ly/3KyYsc4 & more info here https://bit.ly/3KyYsc4

❓Is so much security good for the network?

When the difficulty goes down, is it possible for 51% attack?

✋🏻Last month, miners in Texas suspended operations to help the energy grid and conserve energy during a heatwave — a move that likely made Bitcoin easier to mine. Decrypt https://bit.ly/3cEMy3R

❓With Ethereum on the verge of switching from POW to POS, how will the government & global elite react to Bitcoin energy mining consumption?

💥Two UAE news:

  • Bitcoin Beginners Guide Session by Blockchain DXB 3-part series 09th Sep — 23rd Sep

  • Ethereum Beginners Guide Blockchain DXB 09th Sep

🎙️ Listen to our Podcast here 🎙️ Anchor: https://bit.ly/3Po8eio Spotify: https://spoti.fi/3y3Fapq iTunes: https://apple.co/3u4Iak7 Google: https://bit.ly/3ysvrL0 Anghami: https://bit.ly/3AiLNp5

For slides click here:https://bit.ly/3CNHapV

LinkedIn Profile: https://bit.ly/3AAN504

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

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