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Barefoot Mining CEO: Wars Will Be Fought Over Bitcoin Blockspace

2024-08-07 by admin Leave a Comment

Bob Burnett, CEO of Barefoot Mining, a bitcoin mining company providing off-grid “wild” mining services, has declared that wars will be fought over Bitcoin blockspace. In a recent interview, Burnett stated that as bitcoin becomes critical to companies and nation-states, the value of Bitcoin blockspace will be treated as an essential scarce commodity. Barefoot Mining […]

Barefoot Mining CEO Projects a 52.5% Cut in Bitcoin Rewards Post-Halving

2023-11-05 by admin Leave a Comment

This weekend’s figures indicate that bitcoin miners are nearing a critical threshold, with fewer than 25,000 blocks remaining before the anticipated halving event. Once this milestone is reached, bitcoin miners’ rewards for each block, excluding transaction fees, will decrease to 3.125 coins post-halving, a sharp drop from the current rate of 6.25 BTC per block. […]