038. State of the Network, News, Tangents, Home Miner of the Week

POD256 | Bitcoin Mining News & Analysis

Date: February 29, 2024

We did record with our guest imgislost, however we collectively decided that for privacy reasons, it would be best not to publish the recording.

The 256 Foundation Telegram group: https://t.me/the256foundation

State of the Network:

Block Height: 832577

According to our friends at newhedge.io: Bitcoin difficulty is 81.7 Trillion and set to decrease roughly 3% at the conclusion of epoch 412, making it the only difficulty adjustment to land on a leap-year day in Bitcoin’s history!

Looking at mempool.space: Hashrate is currently estimated to be 569Eh on the 14-day moving average, down slightly from a recent all time high of 581Eh.

Heading over to insights.braiins.com: Hashvalue is currently 170sats/TH/day.

Days until the Halving: 49 days according to https://www.coinwarz.com/mining/bitcoin/halving

Stream Sats, Point Hash:

• Pick any Lincoin URL:

a) stratum+tcp://NA.lincoin.com:3333

b) stratum+tcp://EU.lincoin.com:3333

c) stratum+tcp://LatAm.lincoin.com:3333

d) stratum+tcp://CIS.lincoin.com:3333

e) stratum+tcp://Asia.lincoin.com:3333

f) stratum+tcp://OC.lincoin.com:3333

g) stratum+tcp://Africa.lincoin.com:3333

• Then use "pod256.YourAlias" as the worker name.

Shout out to: Blizzabler, “the_80085_petahash_bitaxe”, “bitaxewannabejustans17pro”, “hodl_pins_dot_com_by_yooper_and_son_iykyk”, “bitaxeswimmingking”, “slap_my_bitaxe_and_tell_me_you_love_me”, “africaone”, “hooters”, and “hashtub-at-bitcoinpark” for supporting the podcast with their hashrate.

News:

• Bitcoin Mining Survey stopped dead in its tracks by Riot: https://www.reuters.com/technology/eia-temporarily-suspend-bitcoin-miner-survey-after-lawsuit-court-document-2024-02-23/

• https://twitter.com/ab_brammer/status/1762609140281557296

• Riot Purchases 31,500 Miners From MicroBT to Enhance and Expand Self-Mining Operations at Its Rockdale Facility: https://www.globenewswire.com/news-release/2024/02/27/2836095/0/en/Riot-Purchases-31-500-Miners-From-MicroBT-to-Enhance-and-Expand-Self-Mining-Operations-at-Its-Rockdale-Facility.html

• The Future is Unwritten, Know Your Rights: https://twitter.com/denimbtc/status/1762989527130403271

Home Miner of the Week:

• @HodlRev with the canola oil immersion setup doubling as a maple sap concentrator for making high quality syrup: https://twitter.com/hodlrev/status/1760998502161666259

Rod @bitkite on Twitter: https://twitter.com/bitkite

Econoalchemist on Twitter: https://twitter.com/econoalchemist

Rod @bitkite on nostr: npub1atn7mlwt08erz4ap47gef92xfey65a4z9ed9vec53u5kc9v94pusl6h4x3

Econoalchemist on nostr: npub10m6lrv2kaf08a8um0plhj5dj6yqlw7qxzeag6393z352zrs0e5nsr2tff3

Bitcoin Park on Twitter: https://twitter.com/bitcoinpark_

POD256 on Twitter: https://twitter.com/pod256