⚡ Week 48: Quick Bits

rigly

Greetings Earthling,

Welcome to this week’s Bitcoin Breakdown Quick Bits feature where we curate the most interesting and pertinent Bitcoin snippets from the past week.

Please take a moment to leave a favorable review here, where you'll receive a complimentary gift of 500 sats – entirely yours to own at no expense or obligation – absolutely free of charge.

Happy readings! 👽️

divider

TOGETHER WITH RIGLY

rigly

Rigly is your marketplace for bitcoin mining hashrate.

You can start mining for just 500 sats with their 3 hour mining test drive.

Start your bitcoin mining adventure today!

divider

⚡️ QUICK BITS

  • Bitcoin price rises above US$42,000 for the first time since April 2022.

  • Unleashed Chat enables fast, private and uncensored AI chat, payable with BTC.

  • Nodeless.io, an open-source BTC payment gateway, shuts down as creator is investigated for running an illegal money transmission business in Communist Canada.

  • FutureBit introduces the Apollo II home miner.

  • Solo bitcoin miner wins the Bitcoin lottery by mining a block and being rewarded with 6.25 BTC.

  • Earn bitcoin by reviewing technical bitcoin transcripts.

  • Start9 launches its Restart Program, which offers powerful, refurbished servers pre-loaded with StartOS at discounts.

  • DEMAND announces the world’s first Stratum V2 mining pool, enhancing Bitcoin’s resistance to censorship by giving individual miners more control over block template construction.

  • Mainstream Media in a comically coordinated fashion releases a slew of news articles purporting to outline Bitcoin’s supposed copious usage of water.

  • PlebDevs releases a new backend course for beginners on Lightning App Development that aims to turn JavaScript beginners into proficient backend developers.

  • Coinkite proposes BBQr protocol that encodes larger files into a series of QR codes so they can cross air gaps.

  • MicroStrategy acquires an additional 16,130 BTC and now holds 174,530 BTC.

  • Standard Chartered Bank reiterates its April forecast that Bitcoin would reach $100,000 by the end of 2024.

  • OCEAN mining pool (‘bitcoin mining as it was meant to be’, i.e. non custodial, publishes block templates before solving them, anti-censorship, etc) raises $6.2M in seed funding, led by Jack Dorsey.

  • Jack Dorsey’s anti-censorship OCEAN bitcoin mining pool accused of censoring ordinals.

  • Samson Mow and the JAN3 team meets with ⁦the president of Colombia to discuss Bitcoin’s potential implementation in social projects in the country.

  • Coinkite releases Bitcoin Mini Guides for Beginners.

  • Bhutan’s secret locations of the world’s largest state-owned bitcoin mines are uncovered by Forbes.

  • AntPool to refund an accidental $3M BTC transaction fee by verifying the claimant through a signing tool.

  • BTCPay Server introduces generating vouchers redeemable for BTC, allowing merchants to sell BTC for cash.

  • Getbit.money enables transferring money from the USA to India instantly with the magic of the Lightning Network.

  • Clark Moody dashboard shows the most important Bitcoin information on one page.

  • Signal, the privacy-focused messaging app, is testing usernames as an alternative to phone numbers.

  • Greece study suggests that utilizing Artificial Intelligence for Bitcoin trading can potentially generate returns 300% higher than long-term holding.

  • Resolvr, decentralized escrow and dispute resolution services for FOSS bounties, has begun its alpha testing phase.

  • Flockstr is a Nostr client for creating and managing calendar events and RSVPs.

  • BitEscrow is a non-custodial escrow service using Bitcoin as a form of programmable collateral, and its blockchain as a global arbitration service.

  • TBDex, a decentralized Bitcoin exchange by Blockstream, officially launches in Africa, aiming to boost financial freedom and accessibility.

divider

BITCOIN NEWSLETTER RECOMMENDATION

Enjoying what you're reading? Then we think you'd love another great Bitcoin publication, The Very Good Bitcoin Club! You can check them out here:

The Very Good Bitcoin ClubWeekly insights on Bitcoin tech, strategy, and culture
divider

📽️ QUICK BITS MEDIA

  • BTC Startup Lab releases feature video for their Bitcoin startup bootcamp program (1:32 min watch).

  • Unbankable, a new documentary by Luke Willms, releases its official trailer (1:39 min watch).

  • Heatbit releases promo video, ‘What we really do at Heatbit’ (2:33 min watch).

  • Cardano CEO unironically accuses the SEC of special treatment for Bitcoin in rant (3:03 min watch).

  • Matthew Kratter of Bitcoin University covers OCEAN, the new transparent and permissionless Bitcoin mining pool funded by Jack Dorsey and run by Luke Dashjr (9:40 min watch).

  • Bitcoin Explorers explore the question ‘Is Bitcoin Illegal? The Truth Behind Bitcoin Ban in Turkey’ (10:43 min watch).

  • Nomad Capitalist releases video, ‘Are CBDCs the Final Nail in the Coffin?’ (12:24 min watch)

divider

OTHER NEWSLETTERS TO CHECK OUT

  • The Elevator makes you more interesting in the time it takes to ride an elevator by featuring the best eye & brain candy curated from all corners of the web → [link]

  • Morning Brew is the daily email that delivers the latest news from Wall Street to Silicon Valley to 4M+ readers → [link]*

  • The Marketing Letter by Indexsy keeps you in the loop → [link]*

  • Get The Rundown on the latest developments in AI before everyone else → [link]*

  • TLDR is a free 5 min daily newsletter read by 1,000,000+ software engineers, founders, and tech workers → [link]*

  • Honourable mention:

Sponsored
eBiz InsiderGet top tips, insights and opportunities to build your online business. No hype, no scams, no fake gurus. Sign up for free to get the next edition.

👉️ You can find more here.

*One click subscribe link

divider

💥 MEME BREAK

meme
meme
meme
divider

CLASSIFIEDS

  • Embrace freedom & self-sovereign travel with VilliersJets.com, a private jet charter for Bitcoiners enabling you to fly unscheduled.

  • Hal9 allows you to chat with your enterprise databases using secure generative AI and empower business users in your team to do their own data analyses in seconds.

  • Advertise in the Bitcoin Breakdown to get in front of 4000 dedicated and burgeoning bitcoiners alike.

divider

How did you like this week's newsletter?

(When voting, please also indicate the reason for your choice on the next page)

Login or Subscribe to participate in polls.

Thank you for reading!

If you enjoyed this week’s issue then please forward it to a fellow bitcoiner and/or consider leaving a donation here.

If you received it from a friend and would like to subscribe, you can do so here:

Until our next transmission,

Naiw

naiw

 

divider

Support independent Bitcoin content and consider leaving a Lightning tip:

Join the conversation

or to participate.