• Latest
  • Trending

Bitcoin backlash against NYT continues with #StopThePresses

April 19, 2023

I probed ChatGPT to understand Ethereum’s price action in 2023

June 4, 2023

Ethereum haunted by sell pressure: It could be ready to…

June 4, 2023

Ethereum holders seem to be disappearing as…

June 4, 2023

Will Ethereum create a clear coast for DeFi, GameFi?

June 4, 2023

Bitcoin Miners Earned $916.6 Million in May, Marking a 13.7% Monthly Increase

June 4, 2023

Bitcoin and Ethereum succumb to TradFi – What now?

June 3, 2023

Positive Net Profit Amid Current Market Conditions

June 3, 2023

Are Ethereum whales selling their holdings?

June 2, 2023

Cathedra Announces A Partnership With 360 Mining To Promote Bitcoin Mining

June 3, 2023

Death of ‘Anti-Mining’ Bill Means Texas Miners Can Keep Raking in Energy Credits

June 2, 2023

Marathon Digital Records Positive Bitcoin Production In May, Increases 77% In a Month

June 2, 2023

Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining’s Texas Site

June 2, 2023
Retail
Sunday, June 4, 2023
  • Home
  • Learn About Crypto

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Bitcoin

    Bitcoin Balance On Exchanges Soars, BTC Price Displays Weakness

    Bitcoin’s $18k Level Probably Constitutes a Bottom and Will be Retested, says Bitmex’s Hayes

    Twitter Posts $270M Q2 Loss, Blames Weak Ad Market and Uncertain $44b Elon Musk Deal

    California Approves Major Bitcoin Regulation As BTC Looks At $28K

    Bitcoin Mining Made Easier, Could This Be A Game Changer

    Funding Rates Return To Neutral Following Bitcoin Relief Rally

    Bitcoin NUPL Shows Average Holder Back In Profit, But For How Long?

    Bitcoin Miner Revenues Continue To Plunge, But Will The Rally Change This?

    Former Coinbase Employee Charged With Insider Trading for Tipping Off Brother and Friend on New Crypto Listings

  • Ethereum

    I probed ChatGPT to understand Ethereum’s price action in 2023

    Ethereum haunted by sell pressure: It could be ready to…

    Ethereum holders seem to be disappearing as…

    Will Ethereum create a clear coast for DeFi, GameFi?

    Bitcoin and Ethereum succumb to TradFi – What now?

    Are Ethereum whales selling their holdings?

    LSD Tokens Rally As Ethereum Staking Ramps Up, Here Are The Leaders

    How Ethereum’s falling gas fees affect the network

    Ethereum’s price divergence means this for DeFi blue-chip tokens

  • NFT

    What Is Azra Games’ Approach To NFTs In Gaming?

    Fungible Token Marketplace NFTrade Offers Easy Way To Pay For Items On Multiple Networks

    Square Enix Resolves to Continue with Web3, Blockchain Gaming Drive

    Elon Musk Meme Tweet Causes Milady NFT Price To Almost Double

    Binance NFT Marketplace Expands Offerings, Welcomes Bitcoin NFTs

    Brazilian Chess Competition to Hand Winners NFTs

    First NFT Insider-Trading Trial Results in Guilty Verdict for Ex-Opensea Manager

    Paradigm and Blur Developers Announce Blend, a P2P NFT Lending Protocol – How Does it Work?

    Art Auction Giant Sotheby’s Unveils On-Chain NFT Secondary Marketplace

  • Altcoins

    What’s in store for BAT holders- Resistance zone or sell-pressure

    Decoding the reason behind falling cryptocurrency related stocks

    ZCash: Amid a bearish divergence, here’s where you can expect a pullback

    Payments Firm Stripe Adds Crypto Support For Twitter

    TRON at a pocket of demand; should investors take profit or HODL

    Top Privacy Coins Blaze Past Bitcoin This Week, Here’s Why

    THETA, Terra, FTX Token Price Analysis: 22 April

    Tron (TRX) Is Pumping Amid A Crypto Crash, Here’s Why

    Report: With over $47 billion in ‘realized’ crypto gains, this nation leads the pack

  • Mining

    Bitcoin Miners Earned $916.6 Million in May, Marking a 13.7% Monthly Increase

    Positive Net Profit Amid Current Market Conditions

    Cathedra Announces A Partnership With 360 Mining To Promote Bitcoin Mining

    Death of ‘Anti-Mining’ Bill Means Texas Miners Can Keep Raking in Energy Credits

    Marathon Digital Records Positive Bitcoin Production In May, Increases 77% In a Month

    Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining’s Texas Site

    Russian Crypto Miners Set To Mint $700 Million Worth Of Cryptocurrencies In 2022

    Bitcoin Miners Are Probably Selling Their Output at the $28K Level: Matrixport

    Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M

  • Financial News

    Inflation Could Squeeze Dollar Stores, Too

    Dollar General, Occidental Petroleum, Guess and more

    Courtroom Drama Clouds Post-Covid-19 Recovery for Regal Cinemas’ Owner

    Mortgage Rates Top 4% for the First Time Since 2019

    Dollar General, Accenture, Warby Parker and others

    China’s Housing Market Needs More Than Talk From Beijing

    Warren Buffett scoops up another $1 billion in Occidental shares, bringing total stake to $7 billion

    Netflix Will Be Sticking to Its Script

    New Gig Surcharges Are Hardly a Gas

  • Market Cap
No Result
View All Result
What's Up Market
No Result
View All Result

Bitcoin backlash against NYT continues with #StopThePresses

April 19, 2023
in Mining
0 0
0


Mining


As beforehand coated by Protos, a number of senior journalists on the New York Instances (NYT) printed a critique of Bitcoin’s proof-of-work (PoW) consensus. Sadly, the article contained numerous factual and rhetorical errors, and inside hours, it was ratioed on Twitter with extra likes for a remark stating these errors than NYT’s unique tweet.

Hashpower secures Bitcoin’s $550 billion monetary system. And like several monetary system — whether or not it’s used on military-protected commerce routes, banking conglomerates, or information center-intensive cost applied sciences — electrical energy use is unavoidable.

YOU MAY ALSO LIKE

Bitcoin Miners Earned $916.6 Million in May, Marking a 13.7% Monthly Increase

Positive Net Profit Amid Current Market Conditions

Bitcoin miners procure and pay for electrical energy in international markets. And like several electrical energy client, they could use their buy for any authorized exercise: garments dryers, vacation lights, water fountains, or Bitcoin mining. They pay for electrical energy and use it.

The factor is, @nytimes wastepaper enterprise doesn’t HAVE to break the setting. It doesn’t HAVE to hurt native communities with air pollution. They might #StopThePresses 🛑 & scale back environmental hurt by 99%.

Our planet, individuals, & timber should be a precedence over income.#NYTimesUp pic.twitter.com/8ubk5ChKex

— #StopThePresses (@NYTimesUp) April 18, 2023

Learn extra: Opinion: The New York Instances appears to have an actual downside with Bitcoin

Provided that that is the case, the NYT’s article has offered its critics with a gaping open objective. Certainly, quite than persuading folks that Bitcoin’s mining is nothing greater than wasteful air pollution, it has been countered by a viral #StopThePresses social media marketing campaign demanding that the NYT stop its wasteful printing of newspapers.

The troll is elegant

The Instances depends closely on its bodily newspaper subscriptions, largely from older readers. These subscribers want to burn timber, use ink, and provides a cross to huge carbon-emitting supply operations quite than learn the information on their telephone, pill, or pc.

Previous to the NYT’s critique of an trade it disapproves of, no one was demanding that it stop printing newspapers. Certainly, customers have an inexpensive proper to pay for printed newspapers in the identical manner that Bitcoiners have the proper to make use of electrical energy to safe the world’s largest decentralized blockchain.

Sadly, the blue contact paper has now been lit and the backlash over the NYT’s anti-Bitcoin mining stance is in full swing throughout social media. Hashtags like #StopThePresses on Twitter are offering a extremely seen residence for the onslaught of anti-NYT memes.




Source link

Tags: BacklashBitcoinContinuesNYTStopThePresses
ShareTweetShare

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

Recent News

I probed ChatGPT to understand Ethereum’s price action in 2023

June 4, 2023

Ethereum haunted by sell pressure: It could be ready to…

June 4, 2023

Ethereum holders seem to be disappearing as…

June 4, 2023

About Us

The website strives to educate individuals in making wise choices about Cryptocurrencies, Mining, Financial Market, and more.

Recent News

  • I probed ChatGPT to understand Ethereum’s price action in 2023
  • Ethereum haunted by sell pressure: It could be ready to…
  • Ethereum holders seem to be disappearing as…

Newsletter

  • Contact
  • Terms & Conditions
  • Privacy Policy

© 2022 whatsupmarket - All rights reserved

No Result
View All Result
  • Home
  • Learn About Crypto
  • Bitcoin
  • Ethereum
  • NFT
  • Altcoins
  • Mining
  • Financial News
  • Market Cap

© 2022 whatsupmarket - All rights reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003679-6.88%
  • lympoLympo(LYM)$0.004392-4.43%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • B-cube.aiB-cube.ai(BCUBE)$0.183336-4.61%
  • Shard CoinShard Coin(SHARD)$0.216756-21.17%
  • Finance VoteFinance Vote(FVT)$0.007875-2.41%
  • Value DeFiValue DeFi(VALUE)$0.554.96%
  • B20B20(B20)$0.4507925.62%