Bits.ca – Bitcoin & Crypto Currency News & Resources

I'm guessing it's the rollout of Runes/BRC-20 shit coins? I can't stand that stuff. It's the worst of both worlds, it adds nothing to the native demand of actual bitcoin yet places the burden on the network of higher feeds and higher data requirements for nodes. Higher fees are not a good thing, the network is currently sufficiently secure and not under threat. It's unnecessary. Arbitrarily increasing the cost to transact to support competing coins or unrelated NFTs is just nuts. You can't even affordably transact on lightning with these fees, simply loading and unloading a non-custodial wallet is unaffordable. https://preview.redd.it/qw16cc7lojvc1.jpg?width=1201&format=pjpg&auto=webp&s=3074b1f03b8f8ace00ee0a7ac9ca168a2f962e8e submitted by /u/_reddit__referee_ [link] [comments]

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This post is asking feedback from those investing in crypto for those working at / employed by crypto. Let's say you've been offered an advisory consultant gig at one of the scores of big-ambitioned platforms with their own L1/L2 blockchain-protocol... and associated coin. Like most of them, it's been bankrolled by a founding whale enough to get traction and a community following doing projects on it. It promises to pay you a couple of hundred USDT a quarter and a myriad of its own currency at year-end that teeters wildly between below and above the one dollar-mark. There isn't much time for you to decide. Looking back on all the engines burned and lessons learned, looking around now at what is the average fair remuneration in the field, and looking ahead to the way the economy is going, does this trigger any alarm bells, would you pounce on it, or negotiate? No one likes to sweat over a dangled carrot and show nothing for it empty-handed at the end; then again, mm, carrots are yummy.. submitted by /u/neon_musk [link] [comments]

submitted by /u/Fantastic-Ad548 [link] [comments]

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.   Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here. Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.   Rules: All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect. Discussion topics must be related to cryptocurrency. Behave with civility and politeness. Do not use offensive, racist or homophobic language. Comments will be sorted by newest first.   Useful Links: Beginner Resources Intro to r/Cryptocurrency MOONs 🌔 MOONs Wiki Page r/CryptoCurrency Discord r/CryptoCurrencyMemes Prior Daily Discussions - (Link fixed.) r/CryptoCurrencyMeta - Join in on all meta discussions regarding r/CryptoCurrency whether it be moon distributions or governance.   Finding Other Discussion Threads Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted. u/CryptoDaily- — Posts the Daily Crypto Discussion threads. u/CryptoSkeptics — Posts the Monthly Skeptics Discussion threads. u/CryptoOptimists- — Posts the Monthly Optimists Discussion threads. u/CryptoNewsUpdates — Posts the Monthly News Summary threads. submitted by /u/CryptoDaily- [link] [comments]

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So sure the price of btc is way up high but the "difficulty" and cost of electricity are also at all time highs. I had read somewhere that unless you can get electricity far under the going rate in the United States, It's not worth it to mine in the United States. With that said if the block award is cut in half, how many other places will become unviable for miners? Couldn't this cause a lot of miners to quit? the difficulty goes down when the hash rate crashes right? Doesn't the chain need a certain hash rate to not fall behind on ledgering transactions? submitted by /u/Dosmastrify1 [link] [comments]

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