Bitcoin Mining Bounty Split Reveals Secret Message… Get to Know It
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Answer Bitcoin Mining Bounty Split Reveals Secret Message… Get to Know It
What was to be expected happened, yesterday the Bitcoin mining reward was split and the reward received by miners was cut from 12.5 to 6.25 BTC.
The last mined block revealed a secret message written as a note stating the following:
NYTimes Newspaper April 09, 2020 The Fed Injects $2.3 Trillion In A Rescue effort That’s Much Bigger Than 2008
The message above refers and directly links to the message previously included by Bitcoin maker Satoshi Nakamoto that he included in his first ever metal block. This message states:
The Times on Jan 03/2009 The chancellor tries again to save the banks.
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Messages such as those mentioned above can be included in the currency base.”Currency(Not Coinbase) within the minable block.
Since the coinbase is a private field used as the only input, the coinbase allows claiming the mined block reward and provides up to 100 bytes of random data, which can be used to write text messages.
The last secret message planted by the bitcoin mining pool:
The emergence of the mysterious message surprised crypto watchers at the time.
But it soon became public that Antpool – the mining pool that mined the block in question – had embedded the same message.
The last message describes the Federal Reserve’s decision to print trillions of dollars out of thin air and the approaching shrinkage of the bitcoin mining reward that occurred yesterday that is contributing to a reduction in bitcoin’s supply and entry into the market.
Many analysts expect that digital currencies will rise, and among the reasons that will help this is the loss of the dollar in its value as a result of continuous efforts such as attempts to rescue and reduce the damage caused by the Corona virus.
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The last letter indicates that financial rescue attempts by bankers and governments at the present time exceed those of 2008. It should be noted that the second written letter was written on April 9, which means that it is somewhat old and outdated, but it indicates that history is repeating itself.
Bitcoin for money printing:
As the impact of the coronavirus increases, so will the overall cost of trying to insure against the financial crisis.
The message inserted by the mining pool indicates that Bitcoin is proving itself day by day that it can replace the fiat currency system that is prone to constant manipulation and inflation.
Read also:
Bitcoin Transaction Fees Rise Over 300% Ahead of the Fork Event
History repeats itself: Bitcoin plunged more than 10 percent before the 2016 split
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