Nachdem die 26-Millionen-Stadt Shanghai angekündigt hatte, zu einer differenzierteren COVID-19-Politik überzugehen, wurde sie Ende März 2022 durch Druck der Zentralregierung in Beijing gezwungen, die Stadt abzusperren. Die offizielle Begründung für diesen drastischen Politikwechsel lautet, dass bei den stadtweiten Tests zu hohe Infektionsraten festgestellt worden seien. …

Wer immer noch der Meinung ist, dass der harte Absturz des Bitcoin-Kurses etwas mit Elon Musk zu tun hat, sollte sich mit der Idee anfreunden, dass er wahrscheinlich falsch liegt und dessen Einfluss auf den Preisbildungsprozess auf den globalen Märkten stark überschätzt wird. Viel wahrscheinlicher ist, dass die neuesten Restriktionen…

I don’t usually see myself as the author of half-baked conspiracy theories, a crude mix of half-truths and personal impressions, which then lead to the drawing of abstruse conclusions. Therefore, I would like to point out that the following article only reflects an opinion and should be perceived as such. …

Note: If you like to read the full article in German language visit my blog. Since 2013 I have been working with Bitcoin, blockchain technology, mining, trading, smart contracts, different consensus mechanisms and applied crypto methods. …

Bitcoin is specialized in the use case of serving mankind as a currency. From a technological point of view, it tries to achieve this goal as easily and safely as possible — as much code as necessary, but as little as possible — so not to complicate things unnecessarily. …

First of all: According to Chinese law (including the CSL — the Cybersecurity Law) and China Telecom’s Terms and Conditions the following instruction is certainly not intended to be executed in China, with high probability illegal and prosecution by the authorities cannot be excluded. …

This article is the third and last part of a mini-series about Bitcoin and the Lightning Network. In the first article, I had a short look at the Lightning Network and why it will have a catalysator effect on Bitcoin and participating cryptocurrencies to give up HODLing and start using…

My findings are based on first-hand experience. I have lived in China since late 2011. I operated home mining from 2013–2016 with equipment from Bitmain (S3, S3+, S5, S7), bought hash power from Hashnest (Bitmain) and had cloud mining contracts with Genesis mining and Hashflare. During this time Bitmain has…

In Bitcoin the processing transactions of the peer-to-peer network and to pack that transactions in blocks, seal and timestamp them, and finally store them in a long blockchain is called mining. To ensure the highest security the Bitcoin inventor Satoshi Nakamoto wrapped that task in some kind of competition combined…