The Economic Case for Conservative Bitcoin Development

The way we think about bitcoin, its use cases and its subsequent road to adoption fundamentally underlies the scaling and governance debates at the heart of forks like bitcoin cash and Segwit2x. As an unprecedented technology, bitcoin’s refusal to fit into any predefined conceptual pigeonhole continues to give fits to regulators and traditional financial intermediaries alike. But, this presents a […]

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Fed Paper: DLT and Digital Currency Could ‘Change Payments Landscape’

A working group within the US central bank believes digital currencies and distributed ledgers could come to have a significant impact on how its citizens and businesses conduct payments. The findings come from a 60-plus-page report published yesterday by the Faster Payments Task Force. The report itself, the first of a two-part release, is largely an overview of […]

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Miner pool difficulty

The short Version: My rule of thumb for miners has always been: Minimum Diffulcty = Closest power of 2 (rounded down) to your GH/s.  1-2 = 1.  2-4 = 2.  4-8 = 4.  8-16 = 8, etc. This keeps your SPM between 15 and 30 (based on how close you are to the next cutoff).  This […]

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