We can change the world if we change the money. Bitcoin Standard
information to get us there.
Why?
Bitcoin is the ultimate digital asset, boasting a decentralized network that ensures censorship resistance and security through cutting-edge cryptographic algorithms. With a fixed supply of 21 million coins, it offers scarcity and value preservation, acting as a powerful hedge against inflation. Bitcoin's transparency, through its public blockchain, fosters trust and accountability, while its portability facilitates seamless international transactions. It promotes financial inclusion by providing access to the unbanked and underbanked, and its growing global acceptance underscores its utility and long-term potential. In a world of limitless fiat printing, Bitcoin stands out as a secure, scarce, and increasingly adopted financial asset. bitcoin standard
What is...
The BTC Life
I've created a simple website designed to help people understand Bitcoin and its fundamentals better. The site offers easy-to-follow resources, including straightforward articles and tutorials, aimed at making Bitcoin accessible to everyone. Whether you're new to Bitcoin or looking to deepen your knowledge, this platform provides clear and concise information to guide you. My goal is to empower individuals with the knowledge they need to confidently navigate the world of Bitcoin and cryptocurrency.
What is...
Self- Custody
Satoshi Nakamoto introduces these concepts in the Bitcoin white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," published on October 31, 2008. The key ideas are presented throughout the paper, but the emphasis on decentralization and direct user control without relying on trusted third parties is particularly highlighted in the abstract and in sections discussing the motivations and mechanisms of the system. Here are a few key excerpts:
- Abstract:
- "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."
- Section 1 - Introduction:
- "Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments."
- "What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party."
- Section 4 - Proof-of-Work:
- "The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work."
These excerpts illustrate Satoshi's vision for a decentralized system where users maintain control over their transactions and funds, laying the groundwork for the concepts of self-custody and trustlessness.
BitAxe 401 SUPRA 1368
Solosatoshi.com BitAxe 401 SUPRA 1368 | Cutting-Edge Open Source Bitcoin ASIC Miner for Solo Mining.
- ASIC Chip: Powered by the BM1368 ASIC chip, which is the same chip used in the Antminer S21.
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- Power Consumption: With a power consumption of just 17.5 W/TH, the Bitaxe Supra is one of the most energy-efficient miners on the market.
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- Voltage: Operates on a global voltage standard, so you can use it anywhere in the world without having to worry about voltage compatibility.
- Open-Source: The Bitaxe Supra is designed to be open-source, which means that the community can contribute to its development and improvement.
- Screen: Comes with a 0.91" SSD1306 OLED I2C display module, which allows you to monitor your mining progress in real-time.
- Setup: Setting up the Bitaxe Supra is a breeze. Simply attach the screen, plug in the power cable, and you're ready to go.
- Fan: Features a 40x40mm heatsink and a 5V fan, which helps to keep the miner cool and quiet.
- Power Supply: The power supply is included with the Bitaxe Supra.
BitAxe 201 ULTRA 1366
Solosatoshi.com BitAxe 201 ULTRA 1366 | Cutting-Edge Open Source Bitcoin ASIC Miner for Solo Mining.
- ASIC Chip: Powered by the BM1366 ASIC chip, which is the same chip used in the Antminer S19.
- Hash Rate: The Bitaxe Ultra has a hash power of 500 GH/s, making it one of the most powerful miners on the market.
- Power Consumption: With a power consumption of just 15 W/TH, the Bitaxe Ultra is one of the most energy-efficient miners on the market.
- WiFi Module: The miner comes with a built-in WiFi module, powered by the ESP32-S3-WROOM-1 WiFi microcontroller.
- Voltage: Operates on a global voltage standard, so you can use it anywhere in the world without having to worry about voltage compatibility.
- Open-Source: The Bitaxe Ultra is designed to be open-source, which means that the community can contribute to its development and improvement.
- Screen: Comes with a 0.91" SSD1306 OLED I2C display module, which allows you to monitor your mining progress in real-time.
- Setup: Setting up the Bitaxe Ultra is a breeze. Simply attach the screen, plug in the power cable, and you're ready to go.
- Fan: Features a 40x40mm heatsink and a 5V fan, which helps to keep the miner cool and quiet.
- Power Supply: The power supply is included with the Bitaxe Ultra.
