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Over $100 Billion Worth of BTC Still Sleeping

According to the latest data, 1.71 million BTC mined between 2009 and 2012 are still dormant, worth about $108.2 billion. These unused bitcoins account for about 8.73% of the total supply of Bitcoin, showing that early Bitcoin miners did not transfer these tokens immediately after mining.Among them, the Bitcoin born in 2009 is particularly noteworthy. According to online data, there are still 1,074,352 to 1,074,402 BTC from the block rewards in 2009. These bitcoins are stored in 21,488 wallet addresses, accounting for about 5.4% of the total supply of Bitcoin. Although a large part of them are believed to be held by Bitcoin's founder Satoshi Nakamoto, not all bitcoins from that year belong to him. Interestingly, only a very small...

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Once Trump takes office, he may raise tariffs on all Chinese imports to 60%

Recently, former US President Trump will give a speech on the economy in Savannah, Georgia. A senior adviser to Trump revealed that Trump will propose a set of "carrot and stick" economic policy plans in this speech. On the one hand, Trump will promise to personally recruit foreign companies to invest and operate in the United States, and will propose a series of incentives to attract foreign investment, including tax cuts, reduced regulations and the provision of federal land. On the other hand, he will once again threaten to impose severe tariffs on imported products. Given that economic issues are currently the most concerned issue for American voters, Trump's speech seems quite strategic.As China gradually rises and occupies a more...

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What will happen if Dollar die

WHEN you hold a dollar bill in your hand, take a moment to appreciate the intricate work that goes into its production. The dollar die is a testament to the precision and expertise required to create our currency, making it one of the most durable forms of money in circulation.     We treat money as something sacred, but money means nothing. Let's take a look back at history and see how many currencies in history have disappeared. Roman Empire: They devalued their currency by reducing the gold content in it. They even tried using silver to do the same thing, but those coins would wear out with use, which at least doesn't happen with gold.Byzantine Empire: Its currency was...

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Solo miner hits "independent block" and gets 3.19 BTC block reward

Just like "A single bitcoin miner recently won a block reward of 6.25₿" in 2022. The situation is similar,Solo miner hits "independent block" and gets 3.19 BTC block reward yesterday!! it feels like winning the lottery! !   Based on the miner's computing power, the probability of mining an independent block is "1 in 1.2 million (0.000083%)", or "on average at least every 3,500 years" to encounter such a lucky opportunity. In the early morning of July 25, a solo miner successfully won the right to add the 853,742th block to the Bitcoin blockchain, processed a block containing 4,365 transactions, and finally won a block reward of 3.19 bitcoins, worth about $210,000.Con Kolivas, a software engineer at ckpool, a separate...

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Will Gold become an industrial worthless product in the future

Antiques in prosperous times, gold in troubled times. In the inherent concept of the world, gold is synonymous with absolute value. However, the author believes that gold will be worthless in the future! Why do you say that? First of all, we need to understand gold first, because gold has the characteristics of low melting point, low hardness and extremely strong stability. In the ancient society with weak production and processing capabilities, compared with other common metals, it deservedly became the top material in the precious metal currency of ancient society because of its large reserves and easy processing.Gold can be said to be a very special existence in human society.Humans have used gold as burial objects since 6,000 years...

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