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Showing posts with the label bitcoin community

‘No, we’re not smuggling people’ - Bitcoin advocate tours Europe in BTC-styled van

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A Bitcoin-themed van promoting adoption around Europe has seen its fair share of drama, including a midnight stop and search by law enforcement agencies. From thumbs-ups from friendly strangers to midnight police searches, a Bitcoin-themed van continues a whirlwind tour around Europe. Ariel Aguilar has been behind the wheel of Bitcoin (BTC) promotion efforts, driving across Europe in a BTC-themed van called La Bitcoineta. Speaking to Cointelegraph journalist Joe Hall at Plan B Summer School, the Argentinian Bitcoin proponent recalled highs and lows of the journey across nearly a dozen European nations. "Bitcoin is work. Bitcoin is time. Bitcoin is hope." La Bitcoineta parked at the Plan B Summer School in Lugano in 2023. A portion of La Bitcoineta’s journey took the van from Serbia to Lugano, which involved a border transition between Bosnia and Croatia. Aguilar had waited until midnight to cross the border, which prompted suspicion from border and customs officials. After ...

Bitcoin metrics to the moon: ATH for hash rate, daily transactions and Ordinals

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While the Bitcoin hash rate briefly touches new highs, Bitcoin Ordinals are a contributing factor to daily transactions exceeding 500,000. A lot of Bitcoin (BTC) miners just came online. The Bitcoin hash rate, or the total computing power of the Bitcoin blockchain, just soared to 439 exahash per second (EH/s). Moreover, the number of transactions the Bitcoin blockchain processed in one day exceeded 682,000, as over 300,000 Ordinals were inscribed on the Bitcoin blockchain.  The hashrate, in orange, soars to 439 EH/s. Source: timechainstats. These milestones demonstrate the network's strength and stability, as well as the increasing adoption of Bitcoin for various use cases, all while the banking sector in the United States fractures. The Bitcoin hash rate, a measure of the computational power dedicated to securing the blockchain, has reached an all-time high, signifying increased confidence in the network's security. The hash rate is a crucial indicator of the network's he...