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The Sat Standard - Bitcoin Weekly - Jan 1 2022

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The Sat Standard
This week in bitcoin. Straight to the point. No bullshit. Every Saturday.
Thought of the week from Marty Bent:
Off-grid mining is the best way to avoid political risk in the mining world. On-grid miners have every right to use the electricity they purchase if they pay the rate set by the electricity provider. However, people who are incapable of critical nuanced thought won't recognize this and will single out bitcoin miners as bad actors. This may only be the case during the transitionary period to a Bitcoin Standard, but it will be the reality for the short to medium-term. 

Thought of the week from Matt Odell:
~12% of the bitcoin hash rate was disconnected from the network this week due to the Kazakhstan Government cutting internet nationwide in response to anti government protests. The bitcoin network continues to operate smoothly. Even if this hash never reconnects that will continue.

Although the global bitcoin network is robust enough to handle this type of state attack this should serve as an important reminder to everyone that redundant communication methods are absolutely crucial when dealing with sophisticated state level attackers.
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Marty's Ƀent - January 6th, 2022 - Issue #1141

Friday, January 7, 2022

Thursday, January 6th 2022 - Issue #1141 Bitcoin is going to win There comes a time when a new technology comes around that completely flips the table. At first, people laugh at it and make fun of

Marty's Ƀent - January 5th, 2022 - Issue #1140

Thursday, January 6, 2022

Wednesday, January 5th 2022 - Issue #1140 A lesson from Kazakhstan Last night, we wrote about the ongoing (what I now feel comfortable to call) uprising in Kazakhstan that seems to be a result of a

Marty's Ƀent - January 4th, 2022 - Issue #1139

Wednesday, January 5, 2022

Tuesday, January 4th 2022 - Issue #1139 A warning from Kazakhstan Things are popping off in Kazakhstan at the moment as citizens hit the streets in reaction to a combination of gas prices rising

Marty's Ƀent - January 3rd, 2022 - Issue #1138

Monday, January 3, 2022

Monday, January 3rd 2022 - Issue #1138 The network is very secure Here's a fascinating and reassuring stat from the mining industry, as it stand right now it would take more than two years for an

The Sat Standard - Bitcoin Weekly - Jan 1 2022

Saturday, January 1, 2022

This week in bitcoin. Straight to the point. No bullshit. Every Saturday. View this email in your browser The Sat Standard This week in bitcoin. Straight to the point. No bullshit. Every Saturday.

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