I estimate that, as of this week, 6 million of the 19.3 million #bitcoin mined have been irretrievably lost. (See related research at https://t.co/QMDa6tMh7v ) This means 13.3 million remain with only 1.7 million left to be mined over the next 100+ years. In that time, it's almost certain that another million will be lost, and old coins are being lost as new coins are being created. The 13 million circulating now is probably all you will have access to in your lifetime.
@Jxmmymetax Canadians also kept Trudeau in power for decade, voted in Carney, used a hotline to report their neighbors during COVID, and cheered when the government shut down trucker bank accounts. I don't think this tells a story of sound judgement.
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📢It is my pleasure to be Partnering up with the Bitcoin Discovery Team to help spread the word about their Brand New Brick and Mortar location in Dallas,Texas!
🇺🇸Texas is the PERFECT home for this Brand New Location and I can't wait to Visit!
📺Give my friend Tobias 15 Minutes of your Time and Support what he and his team are doing, for the Bitcoin Community!
⛏ Bitcoin Discovery Twitter ➡ @DiscoverBDC
⛏ Tobias Barbir's Twitter ➡ @TheCoinDad
🔗Bitcoin Discovery Website ➡ https://t.co/aM5uzC5tIe
Sign company came out today to add a sample decal to one of the front windows facing traffic. Getting words on each window for the fundamentals of Bitcoin.
Sound Money
Open Source
Fixed Supply
Energy Backed
Proof of Work
Self Custody, etc.
New update - 12 days of 10hrs a day with 7ppl = 840 man hours of PoW to get to this point. So much accomplished in such a short time. If u would like to support our nonprofit and help preserve Bitcoin history plz help donate 👇
https://t.co/G8qph5Ueos
The first wrapped sample of our display case and plexiglass cover arrived today complete with a Bitcoin blockchain design and logo. What you all think?
BIG progress today! Lots accomplished. Giving the team off tomorrow to enjoy Dallas since they have never been here before. Be back Monday to kick some more ass! This historic Bitcoin Center is really starting to take shape 💪
Plz consider supporting 👇
https://t.co/G8qph5Ueos
HUGE Thank u to the OG that donated $84,000 yesterday. Wow! Now we can extend our stay, and continue working into next week to get more accomplished. 🙏🙏🙏
For any other OGs interested in helping preserve Bitcoin history DM is open for wire info.
https://t.co/bilrZfbN92
Day 4 update on BDC center progress. Drywall done on first display wall. Body aches are kicking in now, but stopping is not an option.
Plus this Bitcoin dump is not making things any easier, but u all reposting and helping get the word out is free. 🙏
https://t.co/G8qph5UMe0
NEW NAME CHANGE
Happy to announce that we have secured a new handle on X today called - @DiscoverBDC and have retired the old BMM BTCMiningMuseum handle as part of our new nonprofit brand change for👇
https://t.co/qYpqTKp9Fz
Tax exempt donations and or anonymous donations are accepted in Bitcoin and USD on the website. Construction at the facility begins next month. Stay tuned for PoW updates soon.
Day 2 progress update on the new Bitcoin Discovery Center. Framing has begun!
Please consider supporting our non profit. We need help 👇🙏
https://t.co/G8qph5Ueos
@DocumentingBTC It's also the first UL certified ASIC miner AFAIK.
UL is a globally recognized safety certification company that tests and certifies products for safety and performance.
This is great for people that plan to use them in shared spaces in the house like normal space heaters.
One of the darkest moments in Bitcoin’s early history
June 2011:
- a single user loses everything overnight
- 25,000 BTC disappear
- around $500,000 at the time
- over $2.4 billion at today’s prices
the victim:
a Bitcointalk user known as “Allinvain” one of the earliest miners in Bitcoin
the theft happens on June 13, 2011
12:52 EST
the main transaction:
- hundreds of UTXOs consolidated
- the entire wallet drained at once
destination address:
1KPTdMb6p7H3YCwsyFqrEmKGmsHqe1Q3jg
how it happened:
- Slush Pool account was compromised
- no 2FA
- payout address changed
- credentials already leaked
then the real mistake:
- wallet.dat stored unencrypted
- running on Windows
- mining software from multiple sources
the private keys were literally copied
and when the transaction hit the chain 25,000 BTC moved in seconds
hours later, the post appears on Bitcointalk
allinvain wakes up
his balance is zero
what followed:
- more BTC sent to the same address
- total received: 25,033 BTC
- funds slowly split and moved
today:
- almost everything spent
- only 0.004 BTC remains
the attacker was never found
Blockchain remembers everything
including the first great Bitcoin theft
@YungGucciT@HustleBitch_ The scammers send the victim their (scammers) bitcoin wallet recieving address and convince the victim that it's the victim's address, or "investment account" or whatever.
Then the victim buys the bitcoin using physical cash or credit through the BTC ATM and scammer gets the BTC
@isabelfoxenduke There are industry standard tools and methods of ensuring that a centralized database is correct already.
A blockchain would just add complexity and cost and for what purpose?
A centralized database doesn't need to be replicated to individual users. No need for a blockchain!
While hanging out with @NervosNetwork at @MiningDisrupt last week, I bumped into the founder of @BTCMiningMuseum - @TheCoinDad and his tremendous center floor display of $BTC mining history.
Here's what he had to say about it!
Dope new BitAxe added to our collection, a rare limited edition Nerd NOS Skull from Germany using S21 chips. I believe only 6 exsist, this is #5. Love the custom @TheCoinDad name in the plate. Thank you or vielen dank to,
@Hadaikum3D@_garfield_@wantclue
Much appreciated 🙏
Dallas TX is a total VIBE!
Thank u @MiningDisrupt for putting us front n center in this big 1000sqft space 🙏. The visitor feedback was phenomenal. Big thank u to @GideonOPowell and @_bradcuddy_ for making this happen 🙏 and @SoloSatoshi for your generosity. Nice to hear u guys sold out of all your Bitaxe miners, thats dope.
Big news ahead from us in the coming months. Stay tuned 🫡
Hello Dallas! 1,300 miles later we have arrived safe and sound for @MiningDisrupt. Big shout out to @_bradcuddy_ and @GideonOPowell of Cholla Energy, and @SoloSatoshi for making it possible. Set up day tomorrow, lots of work ahead of us. Stay tuned.