Happy Wednesday, Blockfolians
Well, there’s something you don’t see every day. 50 bitcoins mined just a month after launch were just moved. As you might imagine, Bitcoin Twitter lit up.
Now, research suggests these weren’t a Satoshi wallet, but still - these are from more than a decade ago, before bitcoin even had a value.
This comes just a few months after a 2010 miner discovered a stash worth nearly $8m mined on their computer. Wild.
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Highly Relevant Reading
Tokensoft dogfoods by distributing $4m in equity via blockchain
Justin Sun-led Steem tries to confiscate $6.3M in STEEM, prompting hard fork away
The blockchain analytics battle heats up as Elliptic adds support for 87 new coins
Atari and Litecoin team up for Atari token launch.
Delphi Digital’s Tom Shaughnessy argues we’re in the end stages of the layer 1 battle
Jameson Lopp argues that what is most powerful about the STEEM situation isn’t strong arm tactics but the communities’ ability to exit
A (Contextually) Big Number We Should Be Paying Attention To
That’s the size of the most recent bitcoin difficulty adjustment, an automated calibration of how easy or difficult to mine bitcoin it is. A drop was expected in the wake of the halving (which makes certain miners unable to profit and so pushed out of the network). The difficulty adjustment down allows certain mining devices to return to profitability.
A serious take down of the higher ed model. What do you think?