#Crypto Mining Blog
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vimbry-moved Ā· 10 months ago
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cryptoreach Ā· 2 months ago
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What Happened to Ethereum Mining? The Complete 2025 Guide
Ethereum has experienced a major evolution, transitioning from the energy-intensiveĀ Proof-of-Work (PoW)Ā model to a scalable and eco-friendly Proof-of-Stake (PoS) system with ā€œThe Mergeā€ in September 2022.
Once a mining giant, Ethereum eliminated traditional mining, replacing it with staking, where validators secure the network by staking their ETH. PoW relied on high computational power and energy, leading to environmental concerns, while PoS reduced Ethereum’s energy consumption by over 99%, making it greener and more sustainable.
Before ā€œThe Merge,ā€ Ethereum mining rewarded participants for solving cryptographic puzzles, often requiring expensive hardware and energy costs. Miners could choose pool mining, solo mining, or cloud mining to participate. However, with Ethereum 2.0, the focus shifted toward staking, significantly enhancing scalability and reducing environmental impact. Alternatives to Ethereum mining include staking ETH, mining other PoWĀ cryptocurrenciesĀ like ETC, exploring DeFi opportunities, or engaging in liquid staking platforms.
Ethereum’s transformation marks a milestone in blockchain history, paving the way for faster transactions, better security, and greater accessibility. It signals the beginning of a greener, more inclusive blockchain future.
For a deeper dive into Ethereum’s exciting evolution, read more in our blog!
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8pxl Ā· 7 months ago
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BEGINNERS GUIDE TO BLUESKY
Hiya! Curious about joining bluesky but intimidated by all the features? Already on bluesky but want to learn more? Then welcome to my quick guide on getting started and navigating bluesky!~
What is Bluesky?
it’s a social media site that’s owned by no single person or company. it's aim is to bring back the early days of twitter before bots, elon musk or algorithms took over. Personally I find the site really cozy, wholesome, and engaging. my Bluesky account for example
What’s unique about Bluesky?
→ CUSTOMIZATION: ā€Žā€Žā€Žā€Žā€Žā€Žā€Žā€Žyour timeline is very easy to control. There’s tons of options, so be sure to go through each tab in your settings. some options include: turning off autoplay, changing the order in which threaded replies show, changing DM settings, content preferences and lots of visual app settings.
→ MODERATION LISTS: human made, mass blocklists. These are public lists of accounts that when you subscribe to you automatically block or mute everyone in that specific blocklist. A great way to avoid unwanted content, and interactions. ✦ Moderation lists I recommend will be below the cut
→ STARTER PACKS: recommendation lists on who to follow, made by users. You can even curate your own starter pack of recommendations! ✦ Starter pack recommendations will be below the cut
→ FEEDS: public timelines, basically. There are a lot of feeds you can join, or you can even create your own. I made a feed featuring just my pixel art so it doesn’t get cluttered with text posts or other photos in my media tab. ✦ I’ll post feeds I recommend below and link you to a tutorial on how to create your own feed
→ BLOCKING/MUTING: bluesky has a great blocking system. When you block someone they can no longer see, or interact with you. They also have a feature to make your blog inaccessible unless logged in. you can also mute specific people, delete post replies, and even detach your post from a reblog. You can also mute specific words, phrases, tags etc.
→ NSFW: bluesky allows NSFW content, including artwork, porn, lewds etc. They also have a great moderation page to avoid the content completely, censor the content, or show it if you’d wish. ✦ just go to settings > moderation > toggle on NSFW settings and it’ll let you heavily moderate.
→ LABELS: this is a really cool feature on the site, you can subscribe to certain pages that enable a lot of fun/useful labels that help you in different ways! (like pronoun tags, artist tags etc) ✦ Labels to browse will be posted below
→ COMMUNITIES: the vastly diverse communities really feel like the best parts of tumblr. since you can so heavily curate your experience, it can really feel like a calming oasis. Mine is mostly artists, and other creatives.
there’s also a large community of professional artists, art directors, authors, celebrities, and even the best shitposters from twitter. the app really is what you make of it but it’s thriving right now.
RECOMMENDATIONS & LINKS BELOW ā¬Ž
→ MODERATION LISTS:
HATE SPEECH: NAZIS | MAGA | MAGAv2 | MAGAv3 | TRANSPHOBES & HOMOPHOBES | FAR RIGHT | FAR RIGHTv2 | FAR RIGHTv3 | ELON MUSK FANBOYS | ANTI-BLACK | ANTI-VAX
NFT/AI/CRYPTO: MASTERLIST | AI/NFT | AI/NFTv2 | AI FANBOYS | CRYPTO | NFTs
SPAM/SCAMMERS: SPAMBOTS | BOTS | CONTENT SCRAPERS | CONTENT FARMING
✦ to block or mute everyone in the blocklist at once, click subscribe in the top right corner:
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→ STARTER PACKS:
ART: PIXEL ART | PIXEL ARTv2 | WOMEN OF PIXEL ART | BADASS DIGITAL ARTISTS | MAGIC THE GATHERING ARTIST | PAINTERS OF BLUESKY | INDIE COMIC CREATORS | LGBTQIA+ COMIC CREATORS | WEBCOMICS ULTIMATE COLLECTION
GENERAL: WOMEN OF BSKY | AUTHORS | LGBTQ NEWS
SHITPOSTERS: JUNIPER | JUNIPERv2 | MASTERLIST | SCIENCE SHITPOSTERS
✦ for more niche starter packs, use the search function. search your specific interest and ā€˜starter pack’ and you’ll find some!
→ FEEDS:
DISCOVER | WHATS TRENDING | MENTIONS | ART | TRENDING ART
THE GRAM: a timeline for exclusively image posts from those you follow. no textposts etc. ONLYPOST: similar to the gram, it shows a timeline of only those you follow. no reposts, just original posts. šŸ“Œ: a way to bookmark posts. just reply with the pin emoji.
✦ there’s tons of others feeds as well! just use the feed tab and you can browse feeds or search for specific ones.
✦ TUTORIAL ON HOW TO CREATE A CUSTOM FEED FOR YOUR ART/POSTS
→ LABELS:
SKYWATCH: most popular label. Lots of useful labels!
AI Labels: identifies AI users, can also enable hiding the posters.
Pronouns: self explanatory but useful. can add a badge with your pronouns!
✦ you can search for additional label bots on bluesky!
OTHER RECOMMENDATIONS:
✦ EXPIRIENCE ENHANCING TOOLS RECS ✦ CLEARSKY: TRACK BLOCKS AND BLOCKLISTS ✦ SKYFEED: CREATE CUSTOM FEEDS EASILY ✦ use the block function often. do not entertain trolls or hate speech. ✦ as well as starter packs, there’s also lists! lists can be used in the same way to create curated lists of accounts. it’s a good way to keep track of specific genres of posters you’re interested in, and finding new ones! ✦ hashtags: use them! they’re beneficial in boosting your post. you can even link hashtags in your bio making you easier to find. another method of making you more visible is if you post an ā€˜interest’ post! basically just type things you’re interested in and it’ll help people find you / vice versa ! ✦ update your profile first thing, like bio avi etc. make a small post so people know you're real. interact and engage! the communities there are so welcoming!
I think that covers abt everything i wanted to cover! Hope this was helpful and thanks for reading lol
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datatoken1 Ā· 1 year ago
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I’m mining Dogecoin. Holding bitcoin, Ethereum and Vara.
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mostlysignssomeportents Ā· 1 year ago
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Real innovation vs Silicon Valley nonsense
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This is the LAST DAY to get my bestselling solarpunk utopian novel THE LOST CAUSE (2023) as a $2.99, DRM-free ebook!
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If there was any area where we needed a lot of "innovation," it's in climate tech. We've already blown through numerous points-of-no-return for a habitable Earth, and the pace is accelerating.
Silicon Valley claims to be the epicenter of American innovation, but what passes for innovation in Silicon Valley is some combination of nonsense, climate-wrecking tech, and climate-wrecking nonsense tech. Forget Jeff Hammerbacher's lament about "the best minds of my generation thinking about how to make people click ads." Today's best-paid, best-trained technologists are enlisted to making boobytrapped IoT gadgets:
https://pluralistic.net/2024/05/24/record-scratch/#autoenshittification
Planet-destroying cryptocurrency scams:
https://pluralistic.net/2024/02/15/your-new-first-name/#that-dagger-tho
NFT frauds:
https://pluralistic.net/2022/02/06/crypto-copyright-%f0%9f%a4%a1%f0%9f%92%a9/
Or planet-destroying AI frauds:
https://pluralistic.net/2024/01/29/pay-no-attention/#to-the-little-man-behind-the-curtain
If that was the best "innovation" the human race had to offer, we'd be fucking doomed.
But – as Ryan Cooper writes for The American Prospect – there's a far more dynamic, consequential, useful and exciting innovation revolution underway, thanks to muscular public spending on climate tech:
https://prospect.org/environment/2024-05-30-green-energy-revolution-real-innovation/
The green energy revolution – funded by the Bipartisan Infrastructure Act, the Inflation Reduction Act, the CHIPS Act and the Science Act – is accomplishing amazing feats, which are barely registering amid the clamor of AI nonsense and other hype. I did an interview a while ago about my climate novel The Lost Cause and the interviewer wanted to know what role AI would play in resolving the climate emergency. I was momentarily speechless, then I said, "Well, I guess maybe all the energy used to train and operate models could make it much worse? What role do you think it could play?" The interviewer had no answer.
Here's brief tour of the revolution:
2023 saw 32GW of new solar energy come online in the USA (up 50% from 2022);
Wind increased from 118GW to 141GW;
Grid-scale batteries doubled in 2023 and will double again in 2024;
EV sales increased from 20,000 to 90,000/month.
https://www.whitehouse.gov/briefing-room/blog/2023/12/19/building-a-thriving-clean-energy-economy-in-2023-and-beyond/
The cost of clean energy is plummeting, and that's triggering other areas of innovation, like using "hot rocks" to replace fossil fuel heat (25% of overall US energy consumption):
https://rondo.com/products
Increasing our access to cheap, clean energy will require a lot of materials, and material production is very carbon intensive. Luckily, the existing supply of cheap, clean energy is fueling "green steel" production experiments:
https://www.wdam.com/2024/03/25/americas-1st-green-steel-plant-coming-perry-county-1b-federal-investment/
Cheap, clean energy also makes it possible to recover valuable minerals from aluminum production tailings, a process that doubles as site-remediation:
https://interestingengineering.com/innovation/toxic-red-mud-co2-free-iron
And while all this electrification is going to require grid upgrades, there's lots we can do with our existing grid, like power-line automation that increases capacity by 40%:
https://www.npr.org/2023/08/13/1187620367/power-grid-enhancing-technologies-climate-change
It's also going to require a lot of storage, which is why it's so exciting that we're figuring out how to turn decommissioned mines into giant batteries. During the day, excess renewable energy is channeled into raising rock-laden platforms to the top of the mine-shafts, and at night, these unspool, releasing energy that's fed into the high-availability power-lines that are already present at every mine-site:
https://www.euronews.com/green/2024/02/06/this-disused-mine-in-finland-is-being-turned-into-a-gravity-battery-to-store-renewable-ene
Why are we paying so much attention to Silicon Valley pump-and-dumps and ignoring all this incredible, potentially planet-saving, real innovation? Cooper cites a plausible explanation from the Apperceptive newsletter:
https://buttondown.email/apperceptive/archive/destructive-investing-and-the-siren-song-of/
Silicon Valley is the land of low-capital, low-labor growth. Software development requires fewer people than infrastructure and hard goods manufacturing, both to get started and to run as an ongoing operation. Silicon Valley is the place where you get rich without creating jobs. It's run by investors who hate the idea of paying people. That's why AI is so exciting for Silicon Valley types: it lets them fantasize about making humans obsolete. A company without employees is a company without labor issues, without messy co-determination fights, without any moral consideration for others. It's the natural progression for an industry that started by misclassifying the workers in its buildings as "contractors," and then graduated to pretending that millions of workers were actually "independent small businesses."
It's also the natural next step for an industry that hates workers so much that it will pretend that their work is being done by robots, and then outsource the labor itself to distant Indian call-centers (no wonder Indian techies joke that "AI" stands for "absent Indians"):
https://pluralistic.net/2024/05/17/fake-it-until-you-dont-make-it/#twenty-one-seconds
Contrast this with climate tech: this is a profoundly physical kind of technology. It is labor intensive. It is skilled. The workers who perform it have power, both because they are so far from their employers' direct oversight and because these fed-funded sectors are more likely to be unionized than Silicon Valley shops. Moreover, climate tech is capital intensive. All of those workers are out there moving stuff around: solar panels, wires, batteries.
Climate tech is infrastructural. As Deb Chachra writes in her must-read 2023 book How Infrastructure Works, infrastructure is a gift we give to our descendants. Infrastructure projects rarely pay for themselves during the lives of the people who decide to build them:
https://pluralistic.net/2023/10/17/care-work/#charismatic-megaprojects
Climate tech also produces gigantic, diffused, uncapturable benefits. The "social cost of carbon" is a measure that seeks to capture how much we all pay as polluters despoil our shared world. It includes the direct health impacts of burning fossil fuels, and the indirect costs of wildfires and extreme weather events. The "social savings" of climate tech are massive:
https://arstechnica.com/science/2024/05/climate-and-health-benefits-of-wind-and-solar-dwarf-all-subsidies/
For every MWh of renewable power produced, we save $100 in social carbon costs. That's $100 worth of people not sickening and dying from pollution, $100 worth of homes and habitats not burning down or disappearing under floodwaters. All told, US renewables have delivered $250,000,000,000 (one quarter of one trillion dollars) in social carbon savings over the past four years:
https://arstechnica.com/science/2024/05/climate-and-health-benefits-of-wind-and-solar-dwarf-all-subsidies/
In other words, climate tech is unselfish tech. It's a gift to the future and to the broad public. It shares its spoils with workers. It requires public action. By contrast, Silicon Valley is greedy tech that is relentlessly focused on the shortest-term returns that can be extracted with the least share going to labor. It also requires massive public investment, but it also totally committed to giving as little back to the public as is possible.
No wonder America's richest and most powerful people are lining up to endorse and fund Trump:
https://prospect.org/blogs-and-newsletters/tap/2024-05-30-democracy-deshmocracy-mega-financiers-flocking-to-trump/
Silicon Valley epitomizes Stafford Beer's motto that "the purpose of a system is what it does." If Silicon Valley produces nothing but planet-wrecking nonsense, grifty scams, and planet-wrecking, nonsensical scams, then these are all features of the tech sector, not bugs.
As Anil Dash writes:
Driving change requires us to make the machine want something else. If the purpose of a system is what it does, and we don’t like what it does, then we have to change the system.
https://www.anildash.com/2024/05/29/systems-the-purpose-of-a-system/
To give climate tech the attention, excitement, and political will it deserves, we need to recalibrate our understanding of the world. We need to have object permanence. We need to remember just how few people were actually using cryptocurrency during the bubble and apply that understanding to AI hype. Only 2% of Britons surveyed in a recent study use AI tools:
https://www.bbc.com/news/articles/c511x4g7x7jo
If we want our tech companies to do good, we have to understand that their ground state is to create planet-wrecking nonsense, grifty scams, and planet-wrecking, nonsensical scams. We need to make these companies small enough to fail, small enough to jail, and small enough to care:
https://pluralistic.net/2024/04/04/teach-me-how-to-shruggie/#kagi
We need to hold companies responsible, and we need to change the microeconomics of the board room, to make it easier for tech workers who want to do good to shout down the scammers, nonsense-peddlers and grifters:
https://pluralistic.net/2023/07/28/microincentives-and-enshittification/
Yesterday, a federal judge ruled that the FTC could hold Amazon executives personally liable for the decision to trick people into signing up for Prime, and for making the unsubscribe-from-Prime process into a Kafka-as-a-service nightmare:
https://arstechnica.com/tech-policy/2024/05/amazon-execs-may-be-personally-liable-for-tricking-users-into-prime-sign-ups/
Imagine how powerful a precedent this could set. The Amazon employees who vociferously objected to their bosses' decision to make Prime as confusing as possible could have raised the objection that doing this could end up personally costing those bosses millions of dollars in fines:
https://pluralistic.net/2023/09/03/big-tech-cant-stop-telling-on-itself/
We need to make climate tech, not Big Tech, the center of our scrutiny and will. The climate emergency is so terrifying as to be nearly unponderable. Science fiction writers are increasingly being called upon to try to frame this incomprehensible risk in human terms. SF writer (and biologist) Peter Watts's conversation with evolutionary biologist Dan Brooks is an eye-opener:
https://thereader.mitpress.mit.edu/the-collapse-is-coming-will-humanity-adapt/
They draw a distinction between "sustainability" meaning "what kind of technological fixes can we come up with that will allow us to continue to do business as usual without paying a penalty for it?" and sustainability meaning, "what changes in behavior will allow us to save ourselves with the technology that is possible?"
Writing about the Watts/Brooks dialog for Naked Capitalism, Yves Smith invokes William Gibson's The Peripheral:
With everything stumbling deeper into a ditch of shit, history itself become a slaughterhouse, science had started popping. Not all at once, no one big heroic thing, but there were cleaner, cheaper energy sources, more effective ways to get carbon out of the air, new drugs that did what antibiotics had done before…. Ways to print food that required much less in the way of actual food to begin with. So everything, however deeply fucked in general, was lit increasingly by the new, by things that made people blink and sit up, but then the rest of it would just go on, deeper into the ditch. A progress accompanied by constant violence, he said, by sufferings unimaginable.
https://www.nakedcapitalism.com/2024/05/preparing-for-collapse-why-the-focus-on-climate-energy-sustainability-is-destructive.html
Gibson doesn't think this is likely, mind, and even if it's attainable, it will come amidst "unimaginable suffering."
But the universe of possible technologies is quite large. As Chachra points out in How Infrastructure Works, we could give every person on Earth a Canadian's energy budget (like an American's, but colder), by capturing a mere 0.4% of the solar radiation that reaches the Earth's surface every day. Doing this will require heroic amounts of material and labor, especially if we're going to do it without destroying the planet through material extraction and manufacturing.
These are the questions that we should be concerning ourselves with: what behavioral changes will allow us to realize cheap, abundant, green energy? What "innovations" will our society need to focus on the things we need, rather than the scams and nonsense that creates Silicon Valley fortunes?
How can we use planning, and solidarity, and codetermination to usher in the kind of tech that makes it possible for us to get through the climate bottleneck with as little death and destruction as possible? How can we use enforcement, discernment, and labor rights to thwart the enshittificatory impulses of Silicon Valley's biggest assholes?
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If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/05/30/posiwid/#social-cost-of-carbon
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velvetvexations Ā· 8 months ago
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You know how there is a term for TERFs who are stealth? CryptoTERFs?
I propose that but for TRFs as well. CryptoTRFs.
Like, I've lost count of how many times I've seen a TRF who I've personally blocked and marked red (who was marked green to add insult to injury) pop up on my dashboard anyways because they made a silly fandom post or a haha tumblr post that has like 50k notes. Reblogged by friends of mine who are transmen/mascs themselves!
I know reblogging =/= endorsement, but it still sucks so much to see... All you have to do is search "TME" in their blog search bar and you're bombarded with pages of the most reprehensible stuff that is somehow okay because "the right trans person" said it... It's so fucking pervasive and I hate it!
They're not crypto-anything, they're just popular users whose Bizarro World discourse posts get less notes and so aren't as well-known. They're very loud and proud about being TRFs, except they don't call themselves that ever since I ruined it for them.
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well, the new year is in a bit depending on where the fuck you are.
but what is everyone’s hopes for next year?
mine is much of the same,
ā€œplz no more epidemic of the sars2ā€
ā€œPlz can we have peace in our lifetime as promised by everyoneā€
ā€œPlz can the government stop being badā€
ā€œI hope crypto and NFT’s go defunct without people losing their life savingsā€
And probably shit tons of crying.
this year has been awful!
the next one we haven’t yet seen.
but I wish everyone a happy new year. (Tho Chinese new year isn’t until later, I can’t wait for it!)
let’s hope this one is marginally better!
Yay, šŸŽ‰ (:celebration emoji)
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[IMAGE ID: a tiny tabby kitten with impact text that says, ā€œI’m actually not even close to my limit, it takes a lot more than this to knock me down" END ID:]
woo, so much shit has happened this year.
yet we are still alive and we are still here, this is awesome fucking awesome!
shout out to our beloved moots
@crippled-peeper for being cool <3 you made us not hate ourselves because of being disabled you deserve the best, from one to another. next year will hopefully be better, and it will !!!!
@aguineapigcouldntdothis for supporting this blog tirelessly, and being genuinely so cool be proud of yourself! happy new year
@icedragonaftermath for supporting this blog and being cool
@aloeverawrites for everything your awesome
@snekdood for changing my (pop) thoughts on veganism and for being awesome
@blacktipreefsharkwizarding for coming back after being lost in the account move <3
@problematicpooch for supporting the blog!
@t-is-tobi for being genuinely so cool
@roots-system even though we don't talk much you guys are awesome
@75screamingtoads for being the coolest
@rin-and-jade for being one of the best peoples out there, you guys deserve all love !
@iosonounapersonamiao for being so kind and awesome! your the best
@valcaira for being awesome and supporting the blog <3 and just being around, your cool!
@ex-alias for being a huge supporter of this blog, shout out!
@asterz-playz-official for supporting the blog!
@emery-reblogs for supporting the blog!!!!
@sweaty-confetti for being a huge supporter of this blog!
@fishyyyyy99 for supporting the hell out of this blog!
@myhomeisamongthetrees for supporting the blog!
@adderall-jockey for supporting the blog!
@ultimatenutshackfangirl for supporting the blog!
@spark1edog for just being here, it's a joy to see you round!
@theelectricalcity for being a HUGGGGGE supporter
@head-of-sea-foam-the-system for sticking around you guys are the best
@shitpostingsystem who has stuck through thick and thin, you guys deserve the best, thanks for sticking around <3
@anarchywoofwoof hope next year is better, your the best
@atypi-cals you guys are great! <3 thanks for supporting this blog !!!
@pigeon-system-boys for sticking around and supporting the blog <3
@polychaeteworm for supporting the blog!
@todayisdeadinside for supporting this blog!!!!!
@midnight-soulless-system for supporting the blog!!!!!!!!
@solitairesys thank you for supporting this blog!!!!!!
@boxedupcryptixbeing for supporting this blog!
@tokyoterri2 for supporting this blog! your awesome!
@island-76 for tirelessly supporting this blog!
@808-bantar for supporting this blog!!!!!
@olivertheballer idk who you are, where you came from but you are the chillest guy, and we love seeing you around. your a joy <3
and many many more who I have zeroooooo energy to write.
I wish all of you a happy new year, and best wishes.
from the us-the-voices system,
may next year be kind on you!
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claptoncatastrophe Ā· 7 months ago
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į¶» š—“ 𐰁‧ INTRO POST FINALLY GUH : ༄
⊹ . ° ↳ @CLAPTONCATASTROPHE ļøµ
ALSO KNOWN AS :: TRAVIS , CLAPTON HE / IT / MUTT + MORE!!!
autistic & adhd - so be patient with me , pansexual , nebularomantic , polyamorous , transgender , minor , xenogender user , neopronoun user , selfshipper , artist , fictkin
taken by my lovely boyfriends ;; kass , and ena (@crypto-circle)
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SELFSHIPPING ā€¹šŸ¹ Ö“Ö¶Öø ࣪ ៹
F/OS ;; clapton davis - detention michael schmidt - five nights at freddy's (movie) travis wilker - ape vincent charbonneau - dead plate cosmo - dandy's world gigi - dandy's world derek danforth - the beekeeper glisten - dandy's world
KINS ā€¹šŸ¹ Ö“Ö¶Öø ࣪ ៹
IDS ;; sayori - ddlc hatsune miku - vocaloid rody lamoree - dead plate
KINS ;; finn - dandy's world joshua futturman - future man randolph bradley - the passenger peeta mellark - the hunger games
i have way more f/os and fks but those are just my main ones ^_^
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INTERESTS ˚✩彔
GENERAL ;;
josh hutcherson , video games , baking/cooking , listening to music , drawing , cats , sharks , mine nights at freddy's , writing (occasionally) , reading (graphic novels mostly) , rollerskating (+ learning how to skateboard), drumming (learning), horror (ESPECIALLY ANALOG!!!)
GAMES ;;
five nights at freddy's , kinitopet , dead plate (/studio investigrave in general) , dandy's world , detroit: become human , cult of the lamb , pokemon , roblox , content warning , poppy playtime , night in the woods , minecraft , stray , splatoon , animal crossing , sims 4 , doki doki literature club , slime rancher , sally face , simulacra , portal , left 4 dead , phasmophobia , south park: the fractured but whole/the stick of truth , chilla's art , fears to fathom
FILMS/SHOWS ;;
any/every jhutch film , agatha all along , spiderman , spiderverse , mcu movies , heartstopper , south park , gravity falls , bluey , fear street , scream , paw patrol , my little pony , er , bolt , fox and the hound , bones
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EXTRA ź’±ą¼˜ ⋆୭
DO NOT INTERACT ;;
homophobes, transphobes, racists, proshippers/darkshippers, etc. - those types of people are not allowed on my blog, fruitcake shippers, ghostgambling shippers
GUIDE ;;
@travistywilker - side account @vibrantmutt - selfship
LINKS ;;
linktree , artfight , letterboxd
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jackobbit Ā· 3 months ago
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Valorous Morn peasants! Opening the present day we shalt maketh some alterations f'r this Tumblr blog.
f'r starters, I shall nay longeth'r beest tracing yond terrible Solar Flare.
I misprise that gent! I did light'rally cannot standeth Solar Flare. So I won’t beest tracing those folk aught m're.
In oth'r tidings: I am commencing mine owneth crypto currency.
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loathsomespider Ā· 1 year ago
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like, realistically, if you want to talk about environmental impact it will come back to the fact that a lot of webservers are kept in dogshit boxes and jammed full of electricity and this is more than just crypto mines and llm server farms, it's video game servers, it's web servers for your blog and your website, it's render farms for your favorite animators and 3d artists, its cloud storage for spotify and youtube and google and dropbox, computers in general, and graphics cards in specific, take non-negligible power to run and that will always be the case
as we've seen for the last 30 years, improvements to computer power are like lanes in a highway, they induce demand. as we've seen for the last 20 years, the only people who are okay with not using everything a graphics card has to offer are the people who are okay with making thousands of dollars off a game and not millions. and thats great, to be clear! i'm one of those people!
sure, get angry at llm farms and crypto mines, but you cant pretend thats the only kind of server farm that exists and you cant pretend its the only kind of server farm that is bad for the environment, and this doesn't even get at the fact that components for graphics cards are mined from the global south in acts of undeniable violent colonialism to begin with
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cryptoreach Ā· 4 months ago
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Pi Network Price Prediction: Will Pi Reach $100 in 2025?
Mining cryptocurrency is normally expensive and complicated, but the Pi Network provides a simple and accessible alternative. The open mainnet launched on February 20, 2025, and is now officially available for public trading on major exchanges.
This prolonged wait has sparked the interest of investors and the crypto community, leading to increased discussions about Pi NetworkĀ price predictionĀ and its potential future value.
As the Pi Network evolves, its price will be influenced by market demand, business adoption, regulatory policies, and technological innovations. Some experts expect steady growth, while others predict possible volatility as Pi challenges established cryptocurrencies.
This guide covers everything you need to know about the Pi network price prediction, including what the Pi network is, what Pi coins are, use cases, and much more.
What is the Pi Network?
Pi Network is a revolutionary blockchain project aimed at making cryptocurrency accessible to everyone. Unlike traditional crypto mining, which requires expensive hardware and high power consumption, mining Pi uses an innovative, eco-friendly consensus mechanism. Users can mine Pi by opening the app daily and tapping a button.
Launched by two Stanford graduates in 2019, the network quickly gained popularity, with millions of users worldwide. It uses the Stellar Consensus Protocol (SCP), which allows users to mine (earn) coins directly on their smartphones. The project aims to promote financial inclusion by enabling anyone to participate in cryptocurrency without technical skills.
Open Mainnet was launched on February 20, 2025, allowing Pi Coin to be traded on major exchanges at prices between $1.20 and $1.50. This launch represents a turning point in its evolution into a fully functionalĀ blockchainĀ system for actual transactions and uses.
As Pi Network price prediction gains traction, the success of the network will depend on user engagement and technological advancements.
Several key factors will determine the price of the $Pi coin once it becomes publicly tradable on crypto exchanges.
To know more about the factors in details, then visit & read our full blog at
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7grandmel Ā· 1 year ago
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Todays rip: 15/02/2024
Corridors of Vine
Season 6 Featured on: SiIvaGunner's Highest Quality Rips: Volume FF
Ripped by Heboyi
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Right, okay, we've had a good streak recently of covering more "traditionally good" rips for the blog - arrangements and remixes like NIGHTMARESCAPE 怜Unrestrained HyperCam 2怜 (Final Boss Phase 2), genuinely good arrangements like mlp racism anthem (comix zone arrange), even the premiere of a new Season with the Magolor's Shoppe Fusion Collab. I think its about high time we change the clock to something "stupider" - the kind of rip that reminds you just how much SiIva is driven by the wild imagination, skill, and commitment-to-the-bit of its contributors. Only within a community like SiIvaGunner's will you get something like Corridors of Vine.
With memes as a whole, there seems to exist some sort of...invisible hierarchy that defines their public perception, that I've always found really fascinating. It's not impossible to understand why this hierarchy exists: Memes like the Hampsterdance in Wario's Hampster Mine, the Sparta Remix in THIS. IS. SOLEANNA. and more call back to a different, more innocent time in internet history, wheras memes like Despacito in Plains of Des-passing-to and It's Everyday Bro in It's Everyday Lake are oft met with comments like "I hate that I love this", or other similar sentiments. Memes generally follow a trend where, once one has worn out its period of inferred relevance - typically once it stops being a niche internet activity and spreads to marketing teams and unfunny people in general - its labeled as "dead" and unwanted, left as a relic of a smaller period of internet activity. That is, of course, unless it gets brought back into fashion by virtue of nostalgia and given some sort of new spin, as we've seen happen with Doge as of late - until that then too becomes co-opted by unfunny people (this time crypto-grifters) and the cycle begins anew. Yet part of what makes SiIvaGunner as a channel so great, is that very few of the memes it uses ever reach that state of abandonment: the team is so good at finding new, inventive ways to use memes as old as from Season 1, to where they rarely feel stale. And if they do feel stale - well, then that can ironically become part of the joke, playing into just how samey and played-out the joke is for a sort of ironic appeal.
All of this is to say, that I always find it immensely funny whenever the team decides - seemingly at the drop of a hat - to begin using memes that have been thoroughly labeled as dead for years by that point. A meme like the Harlem Shake didn't have so much as a pulse by the time Season 6 rolled around even past its sole revival to relevancy a few years back from being attached to Ajit Pai - yet The Harlem Shakeover of that very season was one containing over THREE HUNDRED rips utilizing the joke, next to none of which were made with the intention of sounding bad. Funny enough, then, that one of the first events we'd see during that same Season would be doing the exact same thing to a meme that's likely far more loathed than the Harlem Shake ever was - Damn Daniel, the core joke to Corridors of Vine.
Damn Daniel is perhaps the closest we've ever gotten to having a meme that felt like a social experiment - a complete non-sequitor of a joke starring an average, marketable teen and his immaculate footwear. At the peak of Vine's age of randomness humor, the series of various videos on Daniel's Vans absolutely blew up - and immediately, there were cynics from outside of Vine, older internet dwellers mainly, who made a big point about how lacking-in-funny the videos were. Yet the guy, Daniel, made it onto the damn Ellen Show of all things within mere weeks after his debut, and in a way it kind of made Damn Daniel a symbol for everything considered wrong about Vine: its mainstream appeal and focus on short, memeable videos had created a form of shitposting that...no longer felt like they were part of a community.
That is, of course, just my summary of the opinions I gathered from all the way back in 2016 - back when SiIvaGunner itself was first revving up into gear. And I find it so incredibly befitting that it was during Season 6 that the Damn Daniel event occurred on SiIvaGunner - the Season all about letting go of the past. To have it begin with SiIvaGunner, itself a 2016 meme, acknowledging its near polar opposite made around the same time: A meme that was, for a solid while, one of the most wanted-dead memes of all, one that the internet as a whole frankly felt a kind of hatred toward during what would come to be a rather cynical, hateful year in general.
There's definitely an overarching aura of irony applied to the anniversary celebration's rips regardless, of course - part of the joke with Corridors of Vine is that its using a song otherwise so closely enveloped in emotion and vulnerability (one SiIva itself used to similar effect with ę™‚ć®å›žå»Š <ver. CCCļ¼ž), alongside a joke that's so bitterly remembered that its mere inclusion makes it difficult to take seriously. Yet Corridors of Vine takes itself as seriously as the concept could be, it is a genuinely fantastic YTPMV using several of the famous Damn Daniel Vines in conjunction with one another, resulting in an infectiously catchy combination of lead- and backing melody instrumentation. I do think the commitment to the bit worked excellently, and the comments of the video itself appear to agree with me - despite how beloathed Damn Daniel itself was, the time to properly acknowledge and accept it had arrived, and we were for once actually...enjoying the meme?
To circle back to the point made in the second paragraph here - the truth is, there are very few memes that wind up actually full-on dead for long. Dead memes as a concept are a label we put upon jokes we feel have ran their course, yet especially in the world of YTPMV there will always be people out there able to prove the naysayers wrong, even if the intentions are purely ironic. Ironic or affectionate, the end result is the same, isn't it? You've got a smile out of your audience through your work in adapting the meme! And through all the comments expressing their concerns over returning to the hellscape that was 2016s meme culture, those smiles - even through the barrier of the internet, felt as if they were shared by all of us. The entire event - and Corridors of Vine in particular - showed Damn Daniel a sense of affection it likely hasn't had since the days when the SiIvaGunner channel's name began with a G.
Here's to 8 years, Daniel.
...Stussy man, Damn.
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painfullymeta Ā· 7 months ago
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Games and Gender
(Apparently I'm gonna occasionally be using the tumblr for the sort of thing I used to put in my political blog, back in the ancient days when I had a political blog.)
I am used to being the only presumed-woman in the game. (I wish I could remember Sunflower's acronym, something like people-socially-classed-as or something like that, but I can't. Or is that it? Maybe!)
It's actually not as true as it feels like; probably the majority of games I've been have had multiple women at the table. One of my current games (that started in the quarantimes) has one cis guy involved *at all*. (Also in that one when I proposed a trans character the GM made sure to have a Little Talk with me to be clear on whether I was doing so from an in-group or an out-group perspective.) Board game night was pretty gender equal (partly because sensible gamers marry other gamers, heh).
But my tabletop group that's been running on and off for... I'm not sure how long but it's over fifteen years because it settled *at* my house when I was pregnant? Men, and me. That high school game group where I started? Usually mostly boys, an adult man, and, again, me.
Raiding World of Warcraft? Either my housemate or I spoke up in Vent once, and a hush went over the chat, and someone said, in stunned, hushed tones, "There are _girls_ here."
Even back to childhood, there's the thing where my brother got the Nintendo, and I did not. (We did inherit an Atari from our cousins and that became my default console. Which is part of why when some crypto-gamergater tried to suggest to me that maybe there was a valid point and "girls" really don't play those sorts of games I went off on an enthusiastic ramble about Joust, which made him withdraw from the field, though he did not turn into an egg and/or fall in the lava.) My parents, I guess, didn't catch on that the thing I most wanted to do when over at certain friends' houses was 'play their computer games'. (They did give me basically the entire works of Infocom one year, though.)
I didn't particularly want games to be about gender. And I don't have any of the horror stories I hear about - the sexual harassment at the table, either of the player or of the character, for example. But it's not like the surrounding world gives a shit about what people want, in it, is there?
Because all sorts of things wind up being about it.
In my teens, I hit on the time-honored tradition of "work through some of your shit by building a tabletop roleplaying character around it", and I made a character in part around my desire to work through some feelings around my experiences of sexual violence. (As is often the case for this sort of thing, she'd been through worse than I had. As is also often the case for people in that situation, neither she nor I explained this bit of the backstory to anyone that I can recall.) And one of the other characters at the table, played by a boyfriend of the time, came on to her, and it went ... badly all around. And afterwards, he asked me, from his tone I guessed faintly offended, "Explain Hellcat."
I don't remember what I said. I do know that I was not at a point in my life where I could talk easily about having been assaulted. I do know that I was worried that if I brought up that this was part of her backstory, I would get asked uncomfortable questions like "Why would you include that in a character's story?" from someone who had had no reason to think about how that sort of thing is a part of many, many people's stories, and imaginary people are not actually an exception.
It was in her story because I was trying to work through what it meant that something similar was in mine.
(I note: this was literally years before a particular conversation with an assault survivor made me feel I had actual permission to be fucked up by my own event. I wasn't even there yet. I was just trying to process it. It was a game. I could explore ideas. In the long run, I could experiment with what it was like to figure out how to be loved after a traumatic event.)
I don't always build characters around particular experiences, though of course they all have a bit of me somewhere in them. But there are these niggling things like that conversation where I wind up just... aware. Not generally as blatantly as "Explain Hellcat." But.
And I mean, once the Warcraft guys got used to the idea of 'there are girls here' they weren't a problem. But they still had that moment of shock, of almost disbelief, that's one of the reasons I'd heard of people saying they never raided, or never spoke on the raid chat. At one point I was out on a male toon (I tended to roll up a male and female character for each species) and noticed that the conversation was about female gamers in the regional chat, and I felt like I was an infiltrator.
And of course I had a slowly increasing awareness of my own dysphoria, putting pieces together over time, and increasing irritation with the boundary-policing of gender and a whole bunch of other things that one might expect come out of having a hobby for a while (see also back in the ancient days when I had a political blog) of arguing with TERFs recreationally. Which is a whole different topic. But it comes around to a thing that's been annoying me for _years_, which is why I wrote [gestures upwards] all that right now.
There was a survey that came out after I started considering myself nonbinary. And it was asking for participants who were women in gaming hobbies. It was very, very clear on being trans-inclusive, by which I mean it said "this survey is open to anyone WHO IDENTIFIES AS A WOMAN".
Which I did not.
Did I have experiences that were likely relevant to "women in gaming hobbies"? Oh hell yeah. I've noted a few of 'em up above there.
Was I welcome to answer the survey? By the reading of the rules: nope. (Was I allistic enough to answer the survey despite it explicitly excluding me? Also nope.)
Which loops around to one of those transmasc experience things that I have also seen other people talking about: the need some people have to make the experience of gender clean-cut and clear in ways that it very much is not and cannot be.
I don't have the socially preferred "always known" narrative, and even if I had had it, there are places it wouldn't have fucking mattered. (Certainly not with an adolescence in an environment where I don't think I heard the word "lesbian", even, let alone got any information about the existence or possibility of trans people. Nobody was out at my school, about anything. And even if I'd known I'd have had no idea what to do with the knowledge.)
(And I *didn't know*. The puzzlepiece-shape of 'socially uncertain straight girl nerd' and the puzzlepiece-shape of 'autistic gay(?) transmasc/nonbinary nerd' are actually very similar puzzlepiece shapes and how the fuck am I supposed to tell the difference between "I don't understand this social thing" and "I don't understand this social thing (because it smacks of gender, specifically)" anyway? Certainly not at fourteen in the early 90s! I've been making "I was behind the door when they handed out the manual for that gendered expectation" cracks for TWENTY-FIVE YEARS. And I can date it that precisely because I started articulating any of this stuff when I was on usenet!)
Until I was, like, thirty, I was, as far as I *or anyone else* could perceive, an awkward straight girl/woman who could really have used learning words like "asexual" that didn't hit my social environment until notably later and who had a focused interest in queer-lens readings of Christian theology despite being neither queer nor Christian. That's the life experience I had. And there's eggy shit in there, sure, I noted some eggy shit *right in that sentence*. That doesn't change the nature of the internal experience and the external perception. Then it was a decade of increasing anxious exploration of gender and what I was, including an extended roleplay of a gay cis man (Kinsey 5, not 6, but) that grew out of some fanfic writing I was doing, which led to discovering that his skin was much more comfortable than mine to inhabit.
I still don't know what I am. I have anxiety about whether my transmasc nonbinary ass is male enough to be gay; whenever I'm doing an intake questionnaire or something that asks me about orientation I just sit and. Stare. For a bit. Because I don't feel entitled to claim 'gay', I haven't been there, my adolescence was not that, but I damn sure ain't straight either. (Anymore? I didn't have the internal experience of doubting it back when. The closest I got was noting an attraction to geek-as-gender masc people, as a geek-as-gender person; my wisecrack for years has been that I'm exclusively attracted to engineers and MIT students.) I appreciate it when these forms have an option for 'queer' because at least that doesn't ... require me to chop up my life until I can arrange the parts into something that has simple words and a simple, clear narrative that can elide my actual history.
And that's what people want, a lot of the time. If a trans man doesn't disavow his experience as a girl and a woman (whether or not he was aware of the disjoints there), he must not be "really" a man. If he tries to speak on his experiences with gendered nonsense or misogyny, he's speaking out of turn. He can either have credibility as himself *or* credibility as a person with a past, and because of that tension he can't _really_ have credibility as either, there's always that half-spoken "but—" that comes in.
If I speak as a woman about the gendered experiences I have had, I betray myself, and undermine any attempts to claim a space as not-a-woman.
If I speak as not-a-woman about those same experiences, then I am told I don't have standing. What I experienced wasn't _real_ whatever, because that only happens to women. (A lie, I will note, even when only said among the cis; I have met male rape victims, including at least one who was raped by a woman. I have met cis gay folks whose experiences with violence have absolutely had a context of feminization.)
The experiences still happened. I'm still here.
But no matter what I do, there's always an excuse to not hear me.
"This survey is open to anyone WHO IDENTIFIES AS A WOMAN."
(I am pretty sure they didn't mean to shut me and those like me out, but I am also pretty sure that to the extent they considered transmasc people existing at all, they assumed that we would be okay with playing at being women long enough to participate. Because the cultural assumption is that we're only playing at being men, after all, and womanhood is where we live, because there are consequences to it that are inescapable. No matter how much we want to gnaw it off like an animal stuck in a trap and carry on three-legged and free.)
Wherever my life goes from here, I don't know. Particularly not in the current moment. But I'm 100% sure that there will be people who are surprised by it, and they might even include people at my gaming tables.
But again back to that time-honored tradition of "work through some of your shit by building a tabletop roleplaying character around it"?
Both my tabletop characters at the moment are fairy-obsessed trans men; both of them have a history of asexuality that is partially linked to dysphoria (though Celyn is also just straight-up grey ace and genuinely baffled by his current feelings); both of them have a primary relationship with a man and are primarily oriented towards men. (Danny is both more gender-flexible and orientation-flexible, heh. Also species-flexible. And an exclusive monsterfucker....)
Anyone who's surprised by anything I do about this hasn't been paying attention. I kind of look forward to seeing what happens. Sometimes a guy's gotta be a gremlin.
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atmosphericradar Ā· 1 year ago
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Found another odd tag — keyed off the word "hiding" — and this time it's a long one!
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So, the full tag is:
#blac chyna is hiding true feelings about her ā€˜rebirth’ makeover – her ā€˜lip clamps & droops’ are the proof
This sounds like a celebrity gossip headline! And sure enough, this tag is full-to-bursting with this article exclusively.
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I got this from the desktop site, because it's wild to see. It's just a wall of the same article, all the way down, for multiple pages.
They're all from early November 2023, and all from blogs with names that end in *-polycom, *-mag, or *news. It seems fairly self-evident that this is the work of some kind of tabloid, but I'm a curious cat. I want to dig deeper.
Digging Deeper
Most of these posts tell you (they don't provide links!) to go read the full article on POLYCOM. Ok, what is a POLYCOM? I don't think it's Poly Inc., maker of video- and teleconferencing appliances, but a few cursory Google and DuckDuckGo searches yield no evidence of anything else.
The most recent post tells us to go track down the article ourselves on "IN TREND", but provides no URL or link. Searching around for "IN TREND" on the web is fairly difficult, returning results for well-known fashion publications, trend analytics, and a brand of clothing called "Intrend". Searching for "In Trend Today" returned more interesting results, including an InTrendToday YouTube Channel and Facebook page. The Facebook page seems to have stopped posting in late 2018, but the YouTube Channel last posted a video on Dec 18, 2023. I'll talk more about the YouTube Channel under the cut at the end of this post.
Some of these posts do have "read more" links pointing to posts on Wordpress, all of which claim to be "on MAG NEWS". Each *-mag blog links out to a separate Wordpress account which seems to be re-uploading the same story. All of these Wordpress Accounts are deleted (for violating Wordpress ToS), and all of these linked posts are gone (here are two examples):
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Somehow, I doubt this is some covert arm of the Maricopa Association of Governments newsroom.
Digging down into the results on Tumblr, I found a copy of this post made by the blog vouxsportsnews. They link a Wordpress article from another dead Wordpress account:
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BUT, their most recent post on their blog (a gossip article about Zendaya posted on Jan 5, 2024) does have a working Wordpress link, to vouxsportsnews.wordpress.com (clever šŸ™„):
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This is an archetypal internet-based gossip rag. I didn't know these still existed! I guess Wordpress is hunting them down for sport?
The "Read More ..." link in the article goes to a website called top.neotrends.today, which is a sketchy link I will not be clicking on. The "full article" is apparently hosted on www.primesky.media, which I also will not be directly navigating to. I did manage to get a screenshot of the front page of primesky today (Jan 8, 2024) using a webtool:
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I blurred the article shown on this page to preserve the privacy of the person it featured.
Primesky is hosted on a Cloudflare virtual private server, and no public info is available on who owns the primesky URL. A search for "redroads amag" on DuckDuckGo leads back to primesky. A search of the same on Google leads to a website at www.clickhere.world, which is immensely sketchy and looks identical to primesky. At this point, I'm going to end my search for a culprit.
Conclusion
I thought I could find the tabloid hydra's body, but I just found more heads. I'm not surprised the operators of a gossip rag bot network on Tumblr are also playing dirty on Wordpress, and covering their digital tracks well. Sometimes it's best to just report spam and go on with your day.
It should go without saying, but DO NOT NAVIGATE to these websites! At worst, they will give you every virus. At best, they will mine crypto in the background of your browser (and rot your brain).
The YouTube Channel Digression
The YouTube channel intrendtoday was created on Oct 4, 2017, and it has more than 53,000 subscribers as of my posting this post (Jan 8, 2024). However, the earliest video on the channel was posted on Nov 7, 2023. That is suspiciously close to when all of these Blac Chyna spam articles went up.
Given that the videos posted get less than 50 views on average, I think the grossly-out-of-proportion subscriber count is evidence of bot subscribers. Maybe the channel re-branded and deleted a prior back-catalog? Archive.org has no snapshots of this YouTube channel, but SocialBlade claims they lost nearly 3.5 million video views in early September of 2023 (indicating they deleted a lot of videos).
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SocialBlade also indexes this channel under the name "demattradinginfo", not "intrendtoday". Archive.org doesn't have records of a YouTube URL for the channel demattradinginfo, but a Google search of that name shows results for Demat Accounts, which are a type of financial account commonly used in India to hold securities and trade stocks.
It's possible that whomever is behind the gossip news spam is also in control of this YouTube channel. I wouldn't be surprised, given how frequently people offering financial advice on social media are either scammers or spammers (and sometimes both!). However, I have no proof that the people behind this YouTube channel are the same people behind this social media gossip spamming.
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jankynguggimon Ā· 8 months ago
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I hate NFTs and don't know what a crypto is I'm just severely mentally ill and a fag
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Art focused 'fandom'(?) blog 🧔 He/Him 🧔 Adult
I'm a digital artist + character designer, gore enthusiast, and cool guy
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Tags
#šŸŖ“
#🌈
#šŸ’™
#mine
#others
#peak
#aesthetics
#blood cw
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unpluggedfinancial Ā· 1 year ago
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Understanding the Bitcoin Halving: What It Means for the Future
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Introduction
In the ever-evolving world of cryptocurrencies, the term "Bitcoin halving" frequently pops up in discussions, often accompanied by predictions of significant market shifts and opportunities. But what exactly is Bitcoin halving, and why does it hold such importance? In this blog post, we'll explore the mechanics behind Bitcoin halving, its historical impacts, and what it could mean for the future of Bitcoin and the broader financial landscape.
What is Bitcoin Halving?
Bitcoin halving is a predetermined event that occurs approximately every four years, or after every 210,000 blocks are mined. During this event, the reward for mining new blocks is halved, effectively reducing the rate at which new Bitcoins are created. This mechanism is built into Bitcoin's code as a deflationary measure to control the supply of Bitcoin over time.
The Mechanics Behind Bitcoin Halving
To understand the significance of halving, it's essential to grasp how Bitcoin mining works. Bitcoin miners use powerful computers to solve complex mathematical problems, validating transactions and adding them to the blockchain. As a reward for their efforts, miners receive a certain number of Bitcoins. Initially, this reward was set at 50 Bitcoins per block. However, after the first halving in 2012, it dropped to 25 Bitcoins, then to 12.5 in 2016, and most recently to 6.25 in May 2020. The latest halving in 2024 reduced the reward to 3.125 Bitcoins per block.
Historical Impact of Bitcoin Halving
Historically, Bitcoin halving events have been followed by significant price increases. The reduced supply of new Bitcoins tends to create a scarcity effect, driving demand and, consequently, the price. For example, after the 2012 halving, Bitcoin's price rose from around $12 to over $1,000 within a year. Similarly, post-2016 halving, the price surged from approximately $650 to nearly $20,000 by the end of 2017.
However, it's crucial to note that while past performance can provide insights, it doesn't guarantee future results. Various factors, including market sentiment, regulatory developments, and technological advancements, can influence Bitcoin's price.
The 2024 Halving and Its Impact
The 2024 halving has already made its mark on the Bitcoin market. Here are a few notable outcomes and their implications:
Increased Scarcity and Higher Prices: As anticipated, the reduction in new Bitcoin supply created a scarcity effect, driving prices higher. This attracted more investors, further fueling the price surge.
Greater Miner Efficiency: With reduced rewards, miners sought more efficient ways to operate, leading to advancements in mining technology and energy use. This has also driven a shift towards sustainable energy sources in mining operations.
Market Maturity: Bitcoin continues to mature as a store of value and medium of exchange. The halving event reinforced Bitcoin's deflationary nature, appealing to those seeking a hedge against inflation.
Potential Market Corrections: While prices have generally increased, the market has also experienced corrections. High volatility remains a hallmark of the crypto market, and investors should be prepared for potential price swings.
What the Future Holds
As we move forward, the crypto community remains abuzz with speculation. Here are a few potential outcomes and their implications:
Continued Price Growth: Following the trend of previous halvings, Bitcoin may continue to see price growth as demand outstrips supply.
Innovations in Mining: The push for more efficient and sustainable mining practices could lead to significant technological advancements.
Increased Adoption: As Bitcoin's deflationary nature becomes more apparent, we may see increased adoption as a store of value and medium of exchange.
Regulatory Developments: Ongoing regulatory developments could play a crucial role in shaping the future of Bitcoin and the broader cryptocurrency market.
Conclusion
Bitcoin halving is a critical event that underscores the unique economic model of Bitcoin. By systematically reducing the supply of new Bitcoins, halving events contribute to Bitcoin's scarcity and deflationary characteristics. As we look to the future, the 2024 halving has already shown significant market developments, impacting miners, investors, and the broader financial ecosystem. Whether you're a seasoned investor or a newcomer, understanding Bitcoin halving is essential to navigating the ever-changing landscape of cryptocurrencies.
Take Action Towards Financial Independence
If this article has sparked your interest in the transformative potential of Bitcoin, there's so much more to explore! Dive deeper into the world of financial independence and revolutionize your understanding of money by following my blog and subscribing to my YouTube channel.
🌐 Blog: Unplugged Financial Blog Stay updated with insightful articles, detailed analyses, and practical advice on navigating the evolving financial landscape. Learn about the history of money, the flaws in our current financial systems, and how Bitcoin can offer a path to a more secure and independent financial future.
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