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📝 Today's Rundown
  • 🌅 Redefining Social Media: How adding Bitcoin to Nostr could change everything.
  • 🗝️ Protecting Private Keys: Wyoming legislature passes bill protecting private keys.
  • ⚙️ 20,000 New Miners: CleanSpark is getting ready to fill up its facilities.
A Bitcoin 2023 Treasure Hunt
Each week leading up to April 2023, a single-use unique code in the format of "BMDAILY50[X]" (with [X] being varying bitcoin terms) will appear in a random daily newsletter hidden within the content. The code will get the lucky winner 50% off tickets to the Bitcoin 2023 Conference in Miami, happening May 18-20.
  • Fiat payments only
  • Applicable to GA Pass only
  • Limited time offer
Be sure to check the daily newsletters as soon as you receive them to try and win! 
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🌅 Redefining Social Media

With Bitcoin Integration, Nostr Could Redefine Social Media
By Stephanie Sats                       

Nostr is an open protocol designed for free speech and communication which could serve as a social media platform that prioritizes user values.

Perhaps, Nostr's decentralized tech could incentivize truthful communication — espcially with the help of Bitcoin.

Nostr allows anyone to run their own relay as a personal server or channel, differentiating it from censorship on platforms like Twitter and Meta, where posts can be removed or frozen. Data is stored on relays, and anyone can build their client to access the internet and broadcast posts with the help of public and private keys. 

By integrating Bitcoin, users would be able to leverage an open monetary network over a social communication platform that mirrors the same properties. 

Read The Full Article

🗝️ Protecting Private Keys

Wyoming Legislature Passes Bill Protecting Bitcoin Private Keys From Courts
By BtcCasey

The US state of Wyoming has passed a bill that prohibits citizens from being compelled to disclose their private keys, with the exception of cases where a public key is unavailable or unable to disclose the requisite information with respect to the digital asset, digital identity, or other interest or right.

The bill will apply to private keys utilized as decentralized identities, or any other use cases, and would take effect on July 1, 2023, if signed by the governor.

Wyoming has been a focal point for Bitcoin adoption in the US, and the bill has been welcomed by advocates of private key sovereignty.

Read Full Article
Get Your Tickets Here!

📰 The Daily Bits

🌴 Join us for the largest Bitcoin conference in the world in Miami Beach, May 18-20! 
 
📝 Find Bitcoin Magazine on Nostr at: npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu

With their newly-announced stablecoin experiment doomed to fail, Russia and Iran will soon learn Bitcoin is the solution that they want.
Learn More

⚙️ 20,000 New Miners

CleanSpark Acquires 20,000 Bitcoin Miners For New Facilities
By BtcCasey

CleanSpark has acquired 20,000 brand new Antminer S19j Pro+ units, the latest generation of Bitmain's bitcoin mining machines, for $43.6 million.

This purchase will expand the company's bitcoin production capacity by 37%, adding 2.44 exahashes per second (EH/s) once installed. CleanSpark plans to deploy the fleet of new machines at its wholly-owned bitcoin mining locations in the USA with 15,000 of them planned for its Washington, Georgia, facility.

The Pro+ is more power-efficient and 22% more productive than the popular Antminer S19j Pro model and will be shipped in batches, with deliveries starting as early as next month.

Read Full Article

MEME OF THE DAY 

By /u/ShareYourAlt

Bitcoin has been on a bullish tear recently. Are Ordinals to blame? Was SBF holding back the price of bitcoin? Are the institutional investors arriving?

It's difficult to tell — so one might as well stay focused on the goal of Bitcoin adoption. 

Have a nice weekend,
@BtcCasey

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