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5 Blocks that shows in Mara wallet. These blocks were mined bt Foundry and ViaBTC pool but show up on the mara wallet like this
840131 2024-04-21 01:24:52 +0.00000888 BTC (0.58 USD)
840129 2024-04-21 01:08:23 +0.00000888 BTC (0.58 USD)
840124 2024-04-21 00:12:10 +0.00000888 BTC (0.58 USD)
840110 2024-04-20 22:27:26 +0.00000888 BTC (0.57 USD)
840105 2024-04-20 20:53:29 +0.00000888 BTC (0.58 USD)
Weird they show up on Mara pool wallet and not very nice they have no payment with them, im trying to work out what it could mean?
Mara wallet......
https://bitinfocharts.com/bitcoin/address/15MdAHnkxt9TMC2Rj595hsg8Hnv693pPBB
Wednesday did seem to be the turning point and the bottom for now, now the market has to start pricing in this tx fee mayhem, no one anticipated that.... hopefully we all get some good love next week but like always expect the unexpected.
Poobably has something to do with Bitmain and its March update. Mara cannot run its firmware on Bitmain machines, further news to come.....
https://twitter.com/MarathonDH/status/1779968182482284937
Only another 116 years of BTC mining to go. This 10% remaining to be mined will more than likely be minted at far more value than the original 90% currently.
Were we all too early x;)
GLA could be a proper FUD week. Zoom out, enjoy life and win x
Beginning to see a lot of fear around Mara atm. Even solid Mara pigs having a wobble.
Hopefully we hit peak fear soon, a week away form the halving, this mara reversal will surely follow. Hopefully will get a few more of these before next Friday.
GLA
Added MARA at 17.97 got the patience and more importantly the conviction. Added around 100 million to its hodl over this BTC rise and we are red must be atm day.
most of the miners are going to need far higher btc prices than this, Argo for instance will need 140k BTC in May to square the revenue it made in the month of March. Some time this year BTC is going to prices way above where we are now, will BTC make the run before miners go kaput or after? but sooner or later there is a price that triggers the miners. Could be 80 could be 100 could be 200 but its not going to be kept down and beat up forever. There is a price that will send it. and all these buys at 17.97 and various other higher prices and lower that Ive bought at are all early pre ordained wins.
Just have to keep the faith.
GLA
Tbf looking at the cash flow from last update i dont think they have diluted much in the last month plus they sold 440 BTC last month to pay bills, glad they selling btc at these levels too. Moving 9500 miners to another site and taking over the APLD sites should hopefully ease the issues mara are facing in getting MW online and staying online also HUT have disclosed transformer problems as well.
The big race for MW has begun, now this AI beginning to take off and Data centers are in demand from all and sundry. It's going to be a big problem for the miners that want to expand and the MW purchase price will keep rising.
Kind of embarrassing that it takes 5 days for Argo to put that together, the risk disclaimer was bigger than their update in the RNS. If global hash doesnt fall off, like a lot of miners expected, i think the end is nigh pretty quick for mobs like ARGO.
They will be well above 60k costs per BTC mined after the halving and with bills to pay.... the sums just dont add up.
Marapool, a Bitcoin mining pool, has recently mined several blocks that exceed 3 megabytes (MB) in size. Here are some key points to consider:
Block Size and Transactions:
Bitcoin blocks contain transactions, and their size determines how many transactions can be included in a single block.
Larger blocks can accommodate more transactions, potentially improving network scalability and reducing congestion.
Historical Context:
Traditionally, Bitcoin blocks had a maximum size limit of 1 megabyte (MB).
This limit was implemented to ensure network stability and prevent malicious actors from spamming the blockchain with large blocks.
However, as Bitcoin adoption grew, debates arose regarding the need to increase the block size to handle higher transaction volumes.
In 2017, a contentious debate led to the creation of Bitcoin Cash (BCH), a fork of Bitcoin that increased the block size to 8 MB.
Bitcoin itself did not adopt such a significant increase but implemented Segregated Witness (SegWit), a soft fork that allowed more transactions to fit within the 1 MB block limit by optimizing transaction data.
Despite these developments, some still advocate for larger block sizes to enhance scalability.
Marapool’s Blocks:
Marapool’s recent mining behavior, with blocks exceeding 3 MB, indicates a departure from the traditional 1 MB limit.
It suggests that Marapool is actively participating in the ongoing discussion about block size and scalability.
Larger blocks can accommodate more transactions, potentially reducing transaction fees and improving overall network efficiency.
However, it’s essential to monitor the impact of larger blocks on network performance and decentralization.
Community Perspectives:
The Bitcoin community remains divided on the issue of block size.
Some argue that larger blocks are necessary for scalability, while others emphasize the importance of maintaining decentralization and security.
Marapool’s actions contribute to this ongoing debate and highlight the need for thoughtful solutions that balance scalability, security, and decentralization.
In summary, Marapool’s mining of larger blocks reflects the ongoing evolution of Bitcoin’s scalability solutions and invites further discussion within the crypto community. 🚀
Think about Ross Ulbricht every now and then, hope his time get's reduced. Definitely did not deserve that tariff.
https://art4giving.org/