Hello Humble Bitcoiners!

Bitcoin is holding strong today — just as we show up strong with the daily signal ☕.
📝 Today's Rundown
  • 💻 Mining And Energy: Bitcoin could enable humanity to take the next step in energy production and usage through the capabilities it unlocks.
  • ☀️ Solar Energy:  Bitcoin miners now have a lucrative opportunity as the trend in pairing batteries with solar energy plants accelerates.
  • 🇷🇺 Russia Legalization: The Bank of Russia and the Ministry of Finance have reportedly agreed to move toward approving the use of cryptocurrency payments in international trade.
Learn More

💻 MINING & ENERGY

The World Of Tomorrow: Seven Trends In Bitcoin Mining
By Ruda Pellini

The bitcoin mining industry is frequently being criticized by skeptics and uninformed people who mistakenly think that the proof-of-stake protocol is a waste of energy and a threat to the environment. But the truth is that Bitcoin could enable humanity to take the next step in energy production and usage through the capabilities it unlocks.

The way Bitcoin was programmed directly encourages miners to constantly search for a more efficient source of energy. It gets directly reflected in their profits. Bitcoin incentivizes research and innovation into renewable energy production. The author of this article writes about seven revolutionary changes that the Bitcoin mining industry will bring to the energy sector:

  1. Renewable energies will be widely adopted.
  2. Renewable energy generation operations will be multimodal.
  3. Distributed generation will be widely adopted.
  4. Waste of idle energy will trend to zero.
  5. Electric grids will become more robust and energy will become cheaper for the consumer.
  6. The bitcoin mining and energy sectors will merge.
  7. Humanity's energy generation capacity will increase significantly, and with it the degree of human progress.
Read Full Article

☀️ SOLAR ENERGY

Bitcoin Miners Should Take Solar Energy Plus Storage More Seriously
By Ali Chehrehzas

Collecting solar energy and storing it can provide a powerful advantage for the Bitcoin mining industry. This is becoming more and more accessible because hybrid power plants that pair electrical generation (especially solar) with batteries are growing rapidly.

Since its inception, the solar energy sector has had great limitations when it comes to optimally and efficiently distributing the produced energy because of two main problems: Deflation in the value available for solar energy and the ever-increasing competitiveness within the solar industry. But that is about to change with the incorporation of innovative batteries that will allow the industry to make its energy distribution more efficient.

Bitcoin miners have a huge opportunity to tap into one of the most rapidly growing forms of energy generation by figuring out the physics and finance of co-locating with solar and storage power plants.
Read Full Article

📰 THE DAILY BITS
1. The peer-to-peer nature of the Lightning Network allows the building of functions that help decentralize the web.

2. Bitcoin has various use cases and applications that shouldn’t be ignored for narratives that obscure more than educate.

3. On Labor Day, we should not forget the importance of protecting the value of the workforce, now reinforced by Bitcoin.

4. To end the contagion of rent-seeking, ubiquitous politics and lack of truth, we must destroy the fiat system.

5. Why the Bitcoin Law in El Salvador being reversed is more unlikely than you might think.

6. DBS Group Holdings is looking to expand its digital asset exchange to 300,000 of its wealthiest clients across Asia and build out new products.

7. Human Rights Foundation donates $325,000 in BTC to further censorship-resistance, open-source solutions, Bitcoin Core development and other initiatives in the ecosystem.

8. The NEPZA is in discussions with Binance and Talent City to establish a special economic zone for bitcoin and cryptocurrencies in West Africa.
Learn More
🇷🇺 RUSSIA LEGALIZATION

Russia To Legalize Use Of Cryptocurrency In International Trade: Report
By Namcios

The Bank of Russia and the country's Ministry of Finance have reconsidered their positions towards cryptocurrency, acknowledging it is necessary to legalize the use of cryptocurrencies in cross-border settlements.

According to the report, the government has agreed that "it is impossible" to continue without enabling cryptocurrency as a legal payment method for international trade.

Vladimir Putin had previously stated his opinion on bitcoin as having value, but nevertheless doubting its usability in the oil trade. It appears his position regarding the asset class has now changed to a more positive note.
Read Full Article

MEME OF THE DAY 
By Bitcoin Meme Hub

We are all still waiting for those magnificent Volcano Bonds, hoping to see the IMF become irrelevant.

With love,
Bam
Today's email was brought to you with ♥ by Bam.
Keep on reading, keep on stacking.
PODCAST   JOBS   SHOP
Copyright © 2022 BTC Media, All rights reserved.

View in Browser

You are receiving this email because you opted in via our website. Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.