Sesterce Weekly Roundup # 01 (Week 01, 2022)
This week in Crypto history:
Inception of Bitcoin: On 3 January 2009, the bitcoin network came into existence with Satoshi Nakamoto mining the genesis block of bitcoin (block number 0), which had a reward of 50 bitcoins. Embedded in the coinbase of this block was the text:
“The Times Jan/03/2009 Chancellor on brink of second bailout for banks.”
Bitcoin this week:
So far 2022 has been a brutal month for Bitcoin. It lost almost 12% of its value in week 1. Hinting towards the end of the bull run.
Max Price : $47,733
Min Price: $41,573
Mining this week:
Network Difficulty Adjustment occurred on 08 Jan’22
Now its 24.34T is a minor increase of 0.28% from its previous value of 24.27T.
Bitcoin Next Difficulty Estimate: 22.96 T ↓ 5.81%. Next difficulty adjustment on 23 Jan 2022
Hash rate this week:
News and updates:
Kazakhstan which is hosting 18% of global Bitcoin mining.
Administered a nationwide internet shutdown on Wed to disrupt the protesters’ communications in the country. The shutdown also stopped all crypto mining activities in the country resulting in a drop in hashrate by 12%.
Thoughts on Bitcoin Maximalism - Sesterce Podcast - Ep 25.
Are you or someone you know is a Bitcoin Maxi? Then this podcast 🎙️ is dedicated to all those precious Bitcoin maxis amongst us.
Listen Now: https://youtu.be/cZY9WlfajoM (YouTube)
In Stock miners