Bitcoin adoption on the rise in Africa: A discussion on the Lightning Network and mining technology – BitTalk #1

2022-12-7 01:00

The first episode of the “Bit Talk” podcast discusses recent developments in the world of Bitcoin. Hosted by Akiba and James from CryptoSlate as well as Bitcoin pioneer Nick from Mercury Wallet, the podcast is a bite-sized, easy-to-consume bi-weekly overview of the Bitcoin network.

This episode starts with the adoption of Bitcoin in Africa, with more and more people using the lightning network. The lightning network is a second-layer payment protocol that operates on top of the Bitcoin blockchain, allowing for faster and cheaper transactions.

The hosts also discuss the state of Bitcoin mining, mentioning that some miners are struggling due to the bear market and the increasing difficulty of mining. The bear market refers to the decline in the price of Bitcoin over the last few years, which has made it more difficult for miners to turn a profit.

The podcast also includes a segment called “Bitcoin Weather” with James from CryptoSlate. In this segment, James provides a brief overview of the current state of the Bitcoin market, including recent price movements and key developments. This segment provides listeners with a quick and concise summary of the most important on-chain events in the Bitcoin world.

The hosts also mention that there have been innovations in mining technology, such as the use of alternative energy sources and home mining. In the past, most Bitcoin mining was done by large industrial farms, but now there is a push for more decentralized and sustainable methods of mining. For example, some companies are looking to use stranded energy sources, such as biomass, to power their mining operations. This not only reduces the carbon footprint of mining but also makes it more accessible to individuals who may not have access to cheap electricity.

The hosts conclude by discussing the future of Bitcoin and the potential for it to become more mainstream. They mention that Bitcoin still faces challenges in terms of regulation and public perception, but they are hopeful that these issues will be resolved over time. They also mention that the continued development of the lightning network and other technologies will play a key role in making Bitcoin more accessible and user-friendly.

The post Bitcoin adoption on the rise in Africa: A discussion on the Lightning Network and mining technology – BitTalk #1 appeared first on CryptoSlate.

origin »

Bitcoin (BTC) на Currencies.ru

$ 89627.89 (-0.07%)
Объем 24H $61.44b
Изменеия 24h: -2.52 %, 7d: -1.25 %
Cегодня L: $89035.17 - H: $89763.64
Капитализация $1788.808b Rank 1
Цена в час новости $ 17039.94 (425.99%)

bitcoin mining technology bittalk rise network africa

Источник: cryptoslate.com

bitcoin mining → Результатов: 126


The future of Bitcoin mining, sustainable high-performance computing, and AI: An Interview with Cango Inc. CFO

Bitcoin mining has become one of the most competitive sectors in the digital asset economy, evolving from small-scale operations into large, industrialized networks that now secure the entire Bitcoin The post The future of Bitcoin mining, sustainable high-performance computing, and AI: An Interview with Cango Inc. CFO appeared first on AMBCrypto.

2025-9-25 14:20


Фото:

Bitcoin mining CEOs agree on $250k price target for 2028 halving

Bitcoin mining executives from top firms gathered at the HC Wainwright Bitcoin Mining Panel on Sept. 10 to discuss industry trends, challenges, and the future of Bitcoin. The panel, moderated by Anthony Scaramucci of SkyBridge Capital, featured CEOs from prominent mining companies, including Bit Digital, Bitfarms, CleanSpark, Core Scientific, and Marathon Digital Holdings.

2024-9-12 14:15


Фото:

Bitcoin Mining Emissions – Surprise New Research Findings

As the need to be more eco-friendly becomes ever more apparent, cryptocurrencies have often been sharply criticized for their environmental impact. Being the most well-known of them, Bitcoin has inevitably become tainted with a reputation for the high resource usage required for Bitcoin mining, However, newly released research might paint a slightly different picture and could start changing perceptions around these issues.

2024-9-10 15:17


Bitcoin’s Tightrope: Lower Mining Rewards And Fees Threaten Market Stability — Kaiko

Recent developments in the Bitcoin mining industry suggest a significant financial squeeze due to decreased network fees and halved block rewards. These factors are shaping the economic space for companies validating Bitcoin transactions and could potentially force some into selling their digital assets prematurely to remain solvent, according to Kaiko Research. Related Reading: Germany Shakes […]

2024-7-3 08:00


Is Bitcoin Mining ‘Dangerously Centralised’? What New Research Shows

Recent findings from BitMEX Research have reignited concerns about the centralization of Bitcoin mining. Their study, which cites insights from Bitcoin analyst Alex Bergeron, points out that a single entity now controls the Coinbase outputs for approximately 47% of the network hashrate—a significant concentration that suggests a shift toward oligopolistic tendencies within the Bitcoin mining […]

2024-4-30 12:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

New Hampshire okays $100M municipal bond backed by Bitcoin

This move could accelerate the integration of cryptocurrencies into traditional finance, influencing future municipal funding strategies. The post New Hampshire okays $100M municipal bond backed by Bitcoin appeared first on Crypto Briefing.