Hello Humble Bitcoiners!
Welcome back to your daily dose of Bitcoin signal! |
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| 📝 Today's Rundown A Flourishing Network: Coinsource to launch 800 bitcoin ATMs in gas stations across the United States. Cold Storage: Use of an air-gapped computer improves general operational security relative to the exposure other devices experience. Everyone Mines: What do health and wellness brands, logistics companies and your local Bitcoiner have in common? They’re all hash rate fiends! |
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Coinsource Partners With Kwik Trip To Launch 800 Bitcoin ATMS
By Shawn Amick Coinsource, one of the largest bitcoin ATM providers in the U.S., has announced a partnership with Kwik Trip convenience stores that will see 800 ATMs installed in locations across: Winsconsin Minnesota Illinois Iowa Coinsource charges an 11% fee nationwide while providing an accurate, real-time price for bitcoin and taking care of the transaction fees needed to be paid for the miners. Although it is a bit high compared to the exchanges, it provides optionality and allows the user to receive the funds directly to their own wallet, claiming their financial sovereignty on the spot.
“It is our top priority to place our machines in essential, convenient locations, because Bitcoin is becoming increasingly essential to Americans.” — Sheffield Clark, CEO of Coinsource |
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Why Use An Air-Gapped Computer (AGC) For Bitcoining?
By Arman The Parman Managing bitcoin private keys can be complicated for some. It requires extreme measures of security and one can never be careful enough. Many hardware wallets and open source softwares can be convenient but ultimately, using them always require some degree of trust towards the manufacturers and programmers. For example, the seed generated by a hardware wallet or the executable code of an “open source software” could easily be altered maliciously.
The author of this article writes about his proposed solution for this dilemma. He explains everything you need to know about air-gapped computers, machines with no WiFi or Bluetooth that allow their users to confidently create seeds, or type in the seed words into a software wallet (to validate addresses) without a realistic risk that the seed can be extracted. |
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1. Luna Foundation sold 80,000 Bitcoin. The non-profit organization said only 313 BTC are now left on the bitcoin reserves for Terra’s UST stablecoin.
2. Bitcoin meets at a decentralized crossroads of communication, money and identity, which are three important elements of Renaissance periods.
3. Hoseki, a bitcoin infrastructure company, closed an investment seed round led by Stillmark and plans an open beta test for a proof-of-assets product by Q3 2022.
4. Nomura, japan’s largest investment banking broker, is set to launch a subsidiary focused on institutional bitcoin and cryptocurrency products.
5. A contrarian take on the current market structure suggesting that the bitcoin bottom is near and the Federal Reserve will reverse its hawkish course.
6. Texas Pacific Land Corporation, one of the largest landowners in Texas, Mawson Infrastructure and JAI Energy have partnered in West Texas for a 60 MW bitcoin mining venture.
7. B3, the Brazilian stock exchange, will begin trading bitcoin futures contracts within the next three to six months and hopes to offer crypto-based services.
8. A misdirection of resources and an obstruction of progress, wind and solar energy reflect the same distracting qualities of altcoins. |
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Seven Companies You Wouldn’t Expect To Be Mining Bitcoin
By Zack Voell Despite the latest Bitcoin’s price action, its network hash rate and security keeps rising. Today’s participants and guardians of the network don’t seem to care about Bitcoin’s price against other currencies and even though the state of the mining industry is not performing at its best, every day new players enter the sphere in search of fresh KYC-free sound money, joining the world’s most secure network and printing new all-time highs in terms of hash rate.
Apart from the very well known giants dedicated purely to mining Bitcoin, the industry has seen substantial growth in somewhat unexpected companies entering pilot projects of various sizes to gain Bitcoin exposure. The author of this article writes about these somewhat anomalous entities and how they are demonstrating that anyone can become crucial participants of the best monetary policy that we have ever witnessed. |
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By Cloudatio
As the price of bitcoin took a downturn, everything else on the cryptocurrency space performed even worse. Bitcoiners have been loud about the risks that other sort of "investments" or "bets" represent. For instance, there have been NFTs which were sold for hundreds of thousands of dollars, only to be sold again for a couple hundred — a big loss.
Bitcoin is not about making a quick gain, it is about shifting to a new kind of money which allows and incentivizes freedom.
With love,
Bam |
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Today's email was brought to you with ♥ by Bam.
Keep on reading, keep on stacking. |
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